This document provides lessons learned from over 15 years of experience in product management and solution marketing for enterprise software. It covers two main areas: market/customer facing lessons and internal/company facing lessons. Some of the key lessons include understanding customers deeply, focusing on strategic value over features, executing effectively on roadmaps and requirements, and leveraging data and relationships to influence others within the company. The document emphasizes balancing both business and customer perspectives to successfully manage products.
This presentation covers key tenets of B2B product management for both on-prem & SaaS products. It covers the different functions and deliverables a product manager has to take care of during the product life cycle.
Overview of the Six Elements of Customer Experience Strategy, focusing on Insights, Design, Technology, Operations, Data and Customer-led Culture. Developed by Be Customer Led, a CX & EX focused podcast available on all major podcast platforms or at www.becustomerled.com.
8 Essentials for Building Robust Features by EA Sr Product ManagerProduct School
Main Takeaways:
-Start from the right problems to solve
-Align feature goals
-Leverage the team power in idea generation
-Critically assess solutions
-Unbiased hypothesis Validation
-Prioritize Ruthlessly
-Show progress
-Communicate often
7 steps for creating the ultimate product-led growth strategy
A practical guide for B2B product leaders
Mickey Alon, Former CEO and co-founder of Insightera, CPO and co-founder of Aptrinsic (Gainsight PX).
Here are some Product Management Trends for 2021. Alongside technology, a concept bent is observed around product management and the following are the highlights.
This presentation covers key tenets of B2B product management for both on-prem & SaaS products. It covers the different functions and deliverables a product manager has to take care of during the product life cycle.
Overview of the Six Elements of Customer Experience Strategy, focusing on Insights, Design, Technology, Operations, Data and Customer-led Culture. Developed by Be Customer Led, a CX & EX focused podcast available on all major podcast platforms or at www.becustomerled.com.
8 Essentials for Building Robust Features by EA Sr Product ManagerProduct School
Main Takeaways:
-Start from the right problems to solve
-Align feature goals
-Leverage the team power in idea generation
-Critically assess solutions
-Unbiased hypothesis Validation
-Prioritize Ruthlessly
-Show progress
-Communicate often
7 steps for creating the ultimate product-led growth strategy
A practical guide for B2B product leaders
Mickey Alon, Former CEO and co-founder of Insightera, CPO and co-founder of Aptrinsic (Gainsight PX).
Here are some Product Management Trends for 2021. Alongside technology, a concept bent is observed around product management and the following are the highlights.
Session that I presented in product camp about the things that helped us in successful agile transformation which helped us ship software every week to customers and get feedback when compared to 12-18 months release cycle before.
What is Platform Product Management by Oracle Senior PMProduct School
Main takeaways:
- What is platform Product Management?
- How is it different from Product Management for consumers?
- What it takes to be a good platform Product Manager
What is B2B vs. B2C Product Management by Couchbase Senior PMProduct School
Ever wondered what the difference is between B2B and B2C product management? Enterprise Product Management has different challenges and rewards than consumer products and while you may find that consumer products are more exciting, working on an enterprise product is extremely fascinating as well. This presentation will talk you through the differences.
In this SlideShare, we'll explore the 5 Ms of great customer onboarding. Thinking through these 5 core components will help you create an onboarding program that drives measurable results.
Best Practices for Embedding Analytics by GoodData Product LeaderProduct School
-How to address and answer the age-old question of build vs. buy;
-What are the different types of embedded analytics, including no-code, custom code, and white labeling;
-Why scalability is a competitive advantage that impacts not only data accessibility but also profitability;
-How to enable non-technical users to create their own reports and dashboards with self-service tools; and more.
Product Managers guide to Go-to-Market StrategyVaibhav Katkade
As a Product Manager, you've toiled and sweated countless hours to identify the optimal product-market fit, drove a dozen teams to execute on your vision, and refined your product for a delightful experience. You and your marketing team have spared no effort in an extravagant launch that has caught everyone's attention and imagination. However, that's only half the story.
In another year, you will also be required to demonstrate solid product adoption and meet revenue forecasts. What can you do as a Product Manager to ensure that you get the sales backing to achieve your product adoption and revenue targets? Where can Product Management uniquely play a role in ensuring rapid product adoption? What are some key things to keep in mind as you go about driving product adoption as a Product Manager?
Phenomenal product managers excel not only at building awesome products, but also can execute on product adoption and growing revenue. These slides hope to uncover some aspects of outbound product management and get you to be that phenomenal product manager.
Top 5 Secrets for a Healthy Sales Pipeline
Your sales pipeline is the lifeblood of your business. If you are a startup, it is essential to your valuation.
路♂How healthy is your pipeline? How do you know? 路♂
Target Group
-Sales Directors
-CEOs
-Entrepreneurs
-Business Owners
You should attend if:
You want to streamline sales pipeline management
You are sometimes frustrated by lack of visibility into your pipeline
You see inconsistent performance, and sometimes get surprised 臘♀
Learn the Top 5 secrets to a healthy pipeline AND a healthy business.
1. Why you must measure
2. Precision for working together
3. Top 7 Metrics for Sales Pipeline Health
4. The Single Source of Truth
5. Fitting your pipeline to your business, NOT your business to your pipeline
Learn the THREE STEP Method
Step 1: Define
Step 2: Measure
Step 3: Create a Control Tower
Denver Startup Week - Balancing Voices in Product Managementlindsayhunt
How to collect internal and external feedback from customers and stakeholders to inform product management decisions.
Presentation from Denver Startup Week - 2015
How to Manage a Platform Product by Yelp Product ManagerProduct School
In this presentation you will learn what a platform product manager does, how to build platforms that delight your customers and learn more about the rewards and challenges of platform product management.
Product is becoming the customer acquisition, retention and expansion channel. As the product becomes the experience channel, companies with a customer-centric approach are starting to adopt product-led-growth strategy.
A presentation I held in Helsinki Microsoft Flux 15th of October about Product Management for Founders. A very broad overview of the essential product management skills, tools and processes founders need to know about. And some common barriers for startups in adopting good product management practices.
Companies building enterprise tech products are different from companies building mass consumer tech. Large-ticket deals, long sales cycles, name-and-face customer relationships, and complex buying processes shape what we build and how we bring it to market. Having a hundred customers each spending $1M/yr is a radical departure from a million customers each spending $100/yr.
Lead generation campaign for Power BI MicrosoftMarketingVedas
An example of a lead generation campaign plan for B2B IT companies:
Steps of the process:
1. Defining campaign objective
2. Identifying target audience and their challenges
3. Designing value proposition
4. Creating campaign strategy for demand generation, lead generation and lead nurturing
5. Identifying campaign components and topics
6. Preparing nurture workflows
What is B2B vs. B2C Product Management by Platterz Product LeadProduct School
Main takeaways:
- Key differences between B2B and B2C Product Management
- How to be successful in each
- How to successfully transition between the two
Designing for adoption gainsight px 08.24.2020Mickey Alon
Designing for adoption
Building products in the end-user era requires product leaders to take a customer-centric approach to deliver winning user experiences.
This session will cover the steps required to create an experience-driven product strategy using usage data, user sentiment, and revenue analysis.
Top 10: Ways Enterprise Marketers Can Leverage foursquareMike Lewis
While user adoption of Foursquare is growing at a staggering pace, many brands are
taking a “wait and see” approach before adding Foursquare to the marketing mix. This presentation discusses the Top 10 ways enterprise marketers can leverage foursquare as well as the top 4 challenges enterprises face with foursquare.
Building and Marketing Enterprise Products - Challenges, Trends and Compariso...Aneesh Bhatnagar
This presentation covers key aspects of Building and Marketing Enterprise Products. It also includes comparison of Enterprise vs Consumer Product Management and Marketing. The challenges are different and the idea is to give a brief overview. This is to help budding and aspiring Product Managers, anyone wanting to move from Enterprise to Consumer or vice versa, Business Management, Marketing graduates and post graduates interested in research and making a career choice.
Session that I presented in product camp about the things that helped us in successful agile transformation which helped us ship software every week to customers and get feedback when compared to 12-18 months release cycle before.
What is Platform Product Management by Oracle Senior PMProduct School
Main takeaways:
- What is platform Product Management?
- How is it different from Product Management for consumers?
- What it takes to be a good platform Product Manager
What is B2B vs. B2C Product Management by Couchbase Senior PMProduct School
Ever wondered what the difference is between B2B and B2C product management? Enterprise Product Management has different challenges and rewards than consumer products and while you may find that consumer products are more exciting, working on an enterprise product is extremely fascinating as well. This presentation will talk you through the differences.
In this SlideShare, we'll explore the 5 Ms of great customer onboarding. Thinking through these 5 core components will help you create an onboarding program that drives measurable results.
Best Practices for Embedding Analytics by GoodData Product LeaderProduct School
-How to address and answer the age-old question of build vs. buy;
-What are the different types of embedded analytics, including no-code, custom code, and white labeling;
-Why scalability is a competitive advantage that impacts not only data accessibility but also profitability;
-How to enable non-technical users to create their own reports and dashboards with self-service tools; and more.
Product Managers guide to Go-to-Market StrategyVaibhav Katkade
As a Product Manager, you've toiled and sweated countless hours to identify the optimal product-market fit, drove a dozen teams to execute on your vision, and refined your product for a delightful experience. You and your marketing team have spared no effort in an extravagant launch that has caught everyone's attention and imagination. However, that's only half the story.
In another year, you will also be required to demonstrate solid product adoption and meet revenue forecasts. What can you do as a Product Manager to ensure that you get the sales backing to achieve your product adoption and revenue targets? Where can Product Management uniquely play a role in ensuring rapid product adoption? What are some key things to keep in mind as you go about driving product adoption as a Product Manager?
Phenomenal product managers excel not only at building awesome products, but also can execute on product adoption and growing revenue. These slides hope to uncover some aspects of outbound product management and get you to be that phenomenal product manager.
Top 5 Secrets for a Healthy Sales Pipeline
Your sales pipeline is the lifeblood of your business. If you are a startup, it is essential to your valuation.
路♂How healthy is your pipeline? How do you know? 路♂
Target Group
-Sales Directors
-CEOs
-Entrepreneurs
-Business Owners
You should attend if:
You want to streamline sales pipeline management
You are sometimes frustrated by lack of visibility into your pipeline
You see inconsistent performance, and sometimes get surprised 臘♀
Learn the Top 5 secrets to a healthy pipeline AND a healthy business.
1. Why you must measure
2. Precision for working together
3. Top 7 Metrics for Sales Pipeline Health
4. The Single Source of Truth
5. Fitting your pipeline to your business, NOT your business to your pipeline
Learn the THREE STEP Method
Step 1: Define
Step 2: Measure
Step 3: Create a Control Tower
Denver Startup Week - Balancing Voices in Product Managementlindsayhunt
How to collect internal and external feedback from customers and stakeholders to inform product management decisions.
Presentation from Denver Startup Week - 2015
How to Manage a Platform Product by Yelp Product ManagerProduct School
In this presentation you will learn what a platform product manager does, how to build platforms that delight your customers and learn more about the rewards and challenges of platform product management.
Product is becoming the customer acquisition, retention and expansion channel. As the product becomes the experience channel, companies with a customer-centric approach are starting to adopt product-led-growth strategy.
A presentation I held in Helsinki Microsoft Flux 15th of October about Product Management for Founders. A very broad overview of the essential product management skills, tools and processes founders need to know about. And some common barriers for startups in adopting good product management practices.
Companies building enterprise tech products are different from companies building mass consumer tech. Large-ticket deals, long sales cycles, name-and-face customer relationships, and complex buying processes shape what we build and how we bring it to market. Having a hundred customers each spending $1M/yr is a radical departure from a million customers each spending $100/yr.
Lead generation campaign for Power BI MicrosoftMarketingVedas
An example of a lead generation campaign plan for B2B IT companies:
Steps of the process:
1. Defining campaign objective
2. Identifying target audience and their challenges
3. Designing value proposition
4. Creating campaign strategy for demand generation, lead generation and lead nurturing
5. Identifying campaign components and topics
6. Preparing nurture workflows
What is B2B vs. B2C Product Management by Platterz Product LeadProduct School
Main takeaways:
- Key differences between B2B and B2C Product Management
- How to be successful in each
- How to successfully transition between the two
Designing for adoption gainsight px 08.24.2020Mickey Alon
Designing for adoption
Building products in the end-user era requires product leaders to take a customer-centric approach to deliver winning user experiences.
This session will cover the steps required to create an experience-driven product strategy using usage data, user sentiment, and revenue analysis.
Top 10: Ways Enterprise Marketers Can Leverage foursquareMike Lewis
While user adoption of Foursquare is growing at a staggering pace, many brands are
taking a “wait and see” approach before adding Foursquare to the marketing mix. This presentation discusses the Top 10 ways enterprise marketers can leverage foursquare as well as the top 4 challenges enterprises face with foursquare.
Building and Marketing Enterprise Products - Challenges, Trends and Compariso...Aneesh Bhatnagar
This presentation covers key aspects of Building and Marketing Enterprise Products. It also includes comparison of Enterprise vs Consumer Product Management and Marketing. The challenges are different and the idea is to give a brief overview. This is to help budding and aspiring Product Managers, anyone wanting to move from Enterprise to Consumer or vice versa, Business Management, Marketing graduates and post graduates interested in research and making a career choice.
A Social Media Framework for B2B Product Managers and MarketersDan Sears
An educational presentation delivered as a webinar to members of the Product Management Consortium on June 30, 2009.
If you'd like a copy of the presentation for personal use, please leave a comment and let me know.
Newgen's Successful 20 Years at a Glance
http://www.newgensoft.com/
Newgen Software Inc. - Solutions for BPM, ECM, DMS, workflow software and business process automation.
Newgen Software is a leading global vendor/provider of Business Process Management (BPM), Enterprise Content Management (ECM), Customer Communication Management (CCM), Document Management System (DMS), Workflow and Process Automation software. The company has a global footprint of 1300+ installations in over 61 countries with large, mission-critical solutions that have been deployed at the world's leading Banks, Insurance firms, BPO’s, Healthcare Organizations, Government, Telecom Companies & Shared Service Centers.
Oplægget blev holdt ved InfinIT-arrangementet "Temadag for intelligente tekstiler til sundhedssektoren, der blev afholdt den 9. december 2010. Læs mere om arrangementet her: http://infinit.dk/dk/hvad_kan_vi_goere_for_dig/viden/reportager/intelligent_toej_skal_redde_liv.htm
What’s the best number of touchpoints in a campaign
How to diversify your outbound channels
What the content of your touchpoints should be
How much time you should wait between touch points
How to scientifically test and improve your campaigns
-----------
This presentation was brought to you by PersistIQ
Our software empowers sales reps to easily create personalized outbound campaigns at scale.
Move faster and sell smarter than ever before.
Try PersistIQ for free at www.PersistIQ.com
From product brands to concept brands the evolution of brand managementDrthomasbrand Limited
The idea of concept brands is a useful one to evaluate the extent to which a brand can stretch and create exponential brand and business growth and value. It can help a brand extend into new products, services, markets and segments. It can assist a brand to increase its growth and its value.
In this presentation, we explore what the concept is, how it works and why it matters. We investigate examples of brands that have done it right and brand that are struggling to do it right. We look at what factors make it succeed or fail.
We then review the process and questions as to how to make it work for your brand.
In this presentation, we will discuss about the concept and definition of physical distribution, defining logistics, relation with other marketing mix variables. We will also talk about the objectives of physical distribution process, components of physical distribution, warehousing, inventory management and control.
To know more about Welingkar School’s Distance Learning Program and courses offered, visit: http://www.welingkaronline.org/distance-learning/online-mba.html
Product concept is the idea that consumer favors the products that offers the best quality performance and features and that organization should devote their energy in making continuous
- Are we building the right product for our users? - Are we building it the right way? This presentation aims to demystify how to develop a repeatable process for product development to ensure we are constantly building the right products our users love, and are willing to use.
Building and scaling a product team is a challenge that every successful product company faces. Brainmates hosted this Sydney AU meetup where we talked about:
- When and how does a startup hire its first product manager?
- Division of labor: how do we grow from one to three to many product folks?
- End-to-end management of product elements/features, or product owner and business owner roles?
- How big is too big?
Zero to 100 - Part 2: Building a Repeatable, Scalable Growth ProcessDavid Skok
Zero to 100 is a learning program from David Skok. It is a detailed instruction manual for how to take your startup from zero to $100m, with a particular focus on the area of building a go-to-market machine. So many of today’s founders come from a product or technical background, and have never been involved with sales and marketing. Right after starting their venture, they are hit with the huge problem of how to build their go-to-market organization and processes. It breaks the journey down into 9 steps, and explains why it is crucial not to skip steps in this journey in the rush to get ahead. The major emphasis of the course focuses on building a repeatable, scalable and profitable growth machine. Once you have that in place, you are ready to hit the gas and scale like crazy.
To see videos of the presentations, click here: https://www.forentrepreneurs.com/matrix-growth-academy-zero-to-100-videos/
Ken Fulmer's visit to IIBA Canberra Branch
October 2018
Covering both Soft and Hard/Technical skills for a BA
Hard Skills:
1 - Understand Strategic Imperatives
2 - Customer Experience
3 - Business Process
4 - Embrace Agility
5 - Continuous Stakeholder Collaboration
6 - DATA – Evidence Based Decisions
7 - Understand Technology
Soft Skills
S1 - Infuse Customer Empathy
S2 - Envision the Outcome
S3 - Own the product and the outcome
S4 - Value
S5 –Enable Smart Decisions
S6 – LEARN Continuously
S7 – Change & Engagement
Agile2016: Intro to Agile Product ManagementRich Mironov
Product owner is a critical role for agile/scrum teams, as a key stakeholder and representative of users, customers or markets. Commercial software companies have a broader role - product manager - responsible for identifying market needs/opportunities, making product-level decisions and managing sales/customer relationships on behalf of executives. This talk maps out product owners and software product managers, with approaches to meet all of the product needs for a market-successful product. (reprise from Agile2015)
So you have built an amazing early stage life science company. Now you need to explain it. This panel will cover how to concisely communicate a company’s value proposition to investors in a variety of formats including the elevator pitch, an angel presentation and a VC meeting.
Product Manager or Product Janitor: It's Your ChoiceCharles Myers
The Product Management role is often poorly defined. Developing clarity and a common understanding of what you and others do is essential to being effective in your job.
While this can be a dry topic, this presentation adds a bit of humor and gives compelling reasons to clarify your role.
I have been asked this many times - What does a Product Manager do? How to be a successful PM? How should the team be structured? Here's an attempt from a recent talk that I gave on Product Management.
Similar to Lessons in B2B Product Management & Solutions Marketing for Enterprise Software (20)
Oprah Winfrey: A Leader in Media, Philanthropy, and Empowerment | CIO Women M...CIOWomenMagazine
This person is none other than Oprah Winfrey, a highly influential figure whose impact extends beyond television. This article will delve into the remarkable life and lasting legacy of Oprah. Her story serves as a reminder of the importance of perseverance, compassion, and firm determination.
The Team Member and Guest Experience - Lead and Take Care of your restaurant team. They are the people closest to and delivering Hospitality to your paying Guests!
Make the call, and we can assist you.
408-784-7371
Foodservice Consulting + Design
The case study discusses the potential of drone delivery and the challenges that need to be addressed before it becomes widespread.
Key takeaways:
Drone delivery is in its early stages: Amazon's trial in the UK demonstrates the potential for faster deliveries, but it's still limited by regulations and technology.
Regulations are a major hurdle: Safety concerns around drone collisions with airplanes and people have led to restrictions on flight height and location.
Other challenges exist: Who will use drone delivery the most? Is it cost-effective compared to traditional delivery trucks?
Discussion questions:
Managerial challenges: Integrating drones requires planning for new infrastructure, training staff, and navigating regulations. There are also marketing and recruitment considerations specific to this technology.
External forces vary by country: Regulations, consumer acceptance, and infrastructure all differ between countries.
Demographics matter: Younger generations might be more receptive to drone delivery, while older populations might have concerns.
Stakeholders for Amazon: Customers, regulators, aviation authorities, and competitors are all stakeholders. Regulators likely hold the greatest influence as they determine the feasibility of drone delivery.
Artificial intelligence (AI) offers new opportunities to radically reinvent the way we do business. This study explores how CEOs and top decision makers around the world are responding to the transformative potential of AI.
Senior Project and Engineering Leader Jim Smith.pdfJim Smith
I am a Project and Engineering Leader with extensive experience as a Business Operations Leader, Technical Project Manager, Engineering Manager and Operations Experience for Domestic and International companies such as Electrolux, Carrier, and Deutz. I have developed new products using Stage Gate development/MS Project/JIRA, for the pro-duction of Medical Equipment, Large Commercial Refrigeration Systems, Appliances, HVAC, and Diesel engines.
My experience includes:
Managed customized engineered refrigeration system projects with high voltage power panels from quote to ship, coordinating actions between electrical engineering, mechanical design and application engineering, purchasing, production, test, quality assurance and field installation. Managed projects $25k to $1M per project; 4-8 per month. (Hussmann refrigeration)
Successfully developed the $15-20M yearly corporate capital strategy for manufacturing, with the Executive Team and key stakeholders. Created project scope and specifications, business case, ROI, managed project plans with key personnel for nine consumer product manufacturing and distribution sites; to support the company’s strategic sales plan.
Over 15 years of experience managing and developing cost improvement projects with key Stakeholders, site Manufacturing Engineers, Mechanical Engineers, Maintenance, and facility support personnel to optimize pro-duction operations, safety, EHS, and new product development. (BioLab, Deutz, Caire)
Experience working as a Technical Manager developing new products with chemical engineers and packaging engineers to enhance and reduce the cost of retail products. I have led the activities of multiple engineering groups with diverse backgrounds.
Great experience managing the product development of products which utilize complex electrical controls, high voltage power panels, product testing, and commissioning.
Created project scope, business case, ROI for multiple capital projects to support electrotechnical assembly and CPG goods. Identified project cost, risk, success criteria, and performed equipment qualifications. (Carrier, Electrolux, Biolab, Price, Hussmann)
Created detailed projects plans using MS Project, Gant charts in excel, and updated new product development in Jira for stakeholders and project team members including critical path.
Great knowledge of ISO9001, NFPA, OSHA regulations.
User level knowledge of MRP/SAP, MS Project, Powerpoint, Visio, Mastercontrol, JIRA, Power BI and Tableau.
I appreciate your consideration, and look forward to discussing this role with you, and how I can lead your company’s growth and profitability. I can be contacted via LinkedIn via phone or E Mail.
Jim Smith
678-993-7195
jimsmith30024@gmail.com
Lessons in B2B Product Management & Solutions Marketing for Enterprise Software
1. Lessons in B2B Product
Management & Solution
Marketing for Enterprise
Software Solutions
Chris Aulbach
ProductCampCT
Oct 2015
2. Quick background…
• 15+ yrs Product/Solutions Management
• 10+ yrs in Solutions Marketing
• 100% in Enterprise B2B software
• Multiple Start-ups/hyper-growth/VC-backed co’s
• Multiple Publicly traded global corporations
• Big proponent of Process to drive Execution,
and focus on Strategic Value over ‘features’
• Passionate about
• My profession
• My industry
• Work/life balance
3. Segmenting my Lessons and Experiences: 2 buckets
A. Market/Customer Facing
• Understanding Customers/Prospects
• NIHITO?
• Stakeholders & Buying process
• Your place in the Value Chain
• Buying vs. Liking
• Advocates & Promoters
• Customer Experiences
B. Internal/Company Facing
• Features vs. Strategic Value
• Iterative Innovation / New Products
• Roadmaps & Requirements
• Shiny Balls
• Execution vs. Strategy
• Processes & Tools
• Relationships
• Influence / Convincing others
• Working with Sales and Marketing
4. What is Product Management?
• IME, a highly misunderstood profession, especially in technology/software
• Several definitions and variations in roles, responsibilities, titles, accountabilities
• Clear lines/intersections with other related teams (marketing, sales/GTM, engineering, etc)
are CRITICALLY important
Hint:
It’s a balance of
ALL of this!
5. What is Product Management?
• Business Management of “Products”
(i.e. Solutions/Market offerings)
• How does “It” generate revenue and make
money?
• How do you “win”?
• Outside-in: WHAT & WHY
(Design/Engineering figures out HOW)
• What “problems” are you solving, or
added value are you creating?
• Put finished Solutions ON the shelf
(so Sales/Marketing can take them OFF)
7. A1 – Understand your customers/prospects…deeply
• Many dimensions to this
• Buyers vs. Users and the differences of each
• Product Management’s role/purpose:
• Messenger of the market to the rest of the company: Promote the collective voice
• Futurist: See things they don’t see on their own
• NIHITO?
• How about a MOTHITO? (Many other things happen in the office)
8. A2 – Understand the Buying Process and Key Stakeholders
• CxOs, VITOs: Make sure you know who they are for your solution(s)…
• Key Buyers and Influencers, and the titles they carry
• Technical Buyer, Economic Buyer, Influencer(s)
• Top-down vs. Bottoms-up approach?
• Pains, Issues, Challenges, Problems, Opportunities
• Expected Capabilities + “Wow!s”
• Progressing them through the funnel
• Buying Style, Risk Tolerance
• Personal Win(s)
9. A3 – Understand the Value Chain that you play in
• Your solution’s position/role in the full
ecosystem/value-chain
• What’s Upstream & Downstream?
• What parts do you OWN completely?
• Focus on maximizing your Strengths
• Unique Assets/IP
• Core Capabilities
“A value chain is a set of activities that a firm operating in a specific
industry performs in order to deliver a valuable product or service for the
market. The concept comes from business management and was first
described and popularized by Michael Porter in his 1985 best-seller,
Competitive Advantage: Creating and Sustaining Superior Performance”
10. A4 – Know the difference between Liking and Buying…
Liking your Product/Service
• Too many people leverage “likes” as
their most important feedback
mechanism for what to do with/put
into their products
• Problem: No exchange of value; No
revenue associated with likes!
• Opinions are like…
Buying your Product/Service
• Harder to obtain than a “like”
• Quantified exchange of value
• Importance of modeled/proven ROI
• Hard variables vs. soft variables
• Defensible, self-explanatory
• Price based on Strategic Value, not
costs plus
11. A5 – Understand the Value of Advocates and Promoters
• Brand Promise & Reputation: Requires that you deliver, repeatably
• Keep your promises…or don’t make them in the first place if you can’t deliver on them
• CAUTION: Big pushy ($$s) customers
Advocates
Loyalists
Fans, Followers
12. A6 – Don’t forget about Whole Customer Experience
• Example from Healthcare IT Industry
• Market Success is about so much more than the “Features & Functionality” of your
product(s)/solution. Don’t lose the forest from the trees.
HolisticBuyingCriteria
14. B1 – It’s about way more than Features & Functionality
• Feature/Functionality battle is expensive. Race to “Bloatware”.
• Someone will always have more/different features
• Will come down to “user preference”
• Feature Selling = selling to Users, not Buyers
> For Senior Buyers, Strategic Value ALWAYS trumps “More Features”
15. (TEST)
Minimize
time through
the loop
B2 – Innovation and New Product Development is incremental
• Don’t try to boil the ocean before going to market
• Don’t let GREAT be the enemy of “Good enough”.
• MVCs (Concepts/Ideas) first. Fuzzy front-end with lots of uncertainty
• MVPs, Clickable prototypes, Mock-ups, Storyboards to incrementally improve
• In Parallel: Something in front of both USERS and BUYERS
• Important to have structures/follow process as you do this
(Learn)
BIG
16. B3 – Don’t let Roadmaps & Requirements be dirty words…
• Executing on this is HARD. It’s a balancing act across many dimensions/stakeholders
• Can’t (Won’t) please all the people all the time. Know that going in.
• Iterations & Collaboration with stakeholders is paramount. What are the VITAL FEW?
• No hiding behind “Agile fences” – Must project “intent” & “direction” for enterprise buyers
• Use Themes; lower degrees of certainty over time
17. B4 – Watch out for “Shiny Balls”…they can be very destructive!
• IME, more common with less experienced founders, but can come from anywhere
• Key Questions to address
• How does that [XX] fit into the overall vision?
• How does that [XX] align with or improve our strategy?
• What impact will [XX] have on our business goals?
• Thoughtful analysis required
• Potential value of [XX] in future revenues / TAM
• Quantity of Effort/team/skills to realize potential of [XX]
• Fit in portfolio relative to positioning, messaging, market needs
capacity to deliver, etc.
[XX]
18. B5 – Execution eats Strategy for breakfast!
• Both are essential. However…
• A great [product/solution] strategy doesn’t produce $$s…
…only great presentations
• Value is created from solving the HARD STUFF, and getting
the entire organization aligned around delivering their
contribution towards that value proposition. That’s execution.
19. B6 – Following Processes and using Tools increase velocity…
• Agile for SDLC; Stage-Gate/PDLC for
cross-functional governance
• Story points; 2-week sprints; Open demos
• Must do planning for series of sprints in
advance to map out target “releases”
• Highly recommend using tools –but vital to
have alignment/training around use of tools
before “jumping in”. Standardize on process/
tool taxonomies up front
• Alpha, Beta, and GA – be crystal clear on each!
20. B7 – Don’t underestimate the importance of Relationships
Internal Partners / Teams
• Senior Executives, Founders
• Engineering, QA, Tech Writers/Docs
• Sales, Marketing, GTM teams
• Services/Delivery Teams
• Support
External Stakeholders
• Clients / Customers
• Competitors / Advocates of Competitors
• Analysts / Reviewers
• Partners / Suppliers
21. B8 – The best way to influence is with DATA
• Market Size
• Competitor data
• Reasonable comparables
• Validated ROI model
• Customer/prospect interviews
or survey results
• Always aggregated data vs.
“one opinion” (anecdotal)
• Partner with Marketing!
- W. Edwards Deming
“In God we trust.
All others must
bring data.”
22. B9 – Educate others…you’ll sleep better!
Sales Team Marketing Team
• Value Proposition
• Differentiators
Boundaries
• Test and Validate