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LEARNING
PURPOS
E
Deliver
Professional
Knowledge
- Data School
- Product School
Supporting Businesses Leveraging
Innovation & Technology
in solving poverty and its symptoms in Africa
PURPOSE
ACCELERATING AND
COMMERCIALIZING
INNOVATION
RESEARCH
&
SUSTAINABILITY
Drive
social-impact
products
addressing SDGs
ACCELERATION
Commercialize
& scale
high-impact
businesses
Accelerate
idea-to-
commercialization
curve
Support
initiatives that
enable govt
deliver services
to citizens
DIGITAL
PRODUCT
INCUBATION
CIVIC TECH
info@ekoinnovationhub.com
Talking Points
➢Why you need a GTM Strategy
➢Building your GTM
➢Retention and growth
➢Elements of a successful GTM
SELL IT!
THE NEED FOR A GO-TO-MARKET STRATEGY
EKO INNOVATION CENTRE
lifestyle company promoting
wellness food & beverage
grab-n-go
Proudly Nigerian. Founded in 2014.
Our
Story
● Defined a clear need; convenient allergen-friendly
foods (gluten free, dairy free, plant-based/forward)
● Identified a gap in the market; lack of grab-and-go
pre-packaged healthy allergen-friendly foods
● Built a business and products to address the gap
● Took a chance - online only; ohsonutrition.com
● Focus on; brand, awareness, product quality &
consistency, customer relationship management,
supplier relationship management, operations
management, marketing and sales
Business Model:
Online > made-when-ordered > delivered to your door
We
Product/
Service
Revenue/
Profits
What is a Go-To-
Market
strategy?
Product/
Service
Revenue
/Profits
A GTM strategy is the
path that connects
what you’re offering to
the market that will
find value in it.
Customers
What is a Go-To-
Market
strategy?
Cover all bases -
legal, approvals,
compliance
Why every
business
needs a GTM
strategy
Reduces time
to market
Target right
customers
Manage costs
increases
profits
Establish
growth &
retention path
Define change
management &
innovation
frameworks
Establish or
reinforce
brand position
Grow & defend
market share
Key elements
of a GTM
strategy
Business case
Defined target market
Defined target segments
Overview of competitive landscape
Clear value proposition
Marketing plan
Sales plan
Defined success metrics
Procedures for managing GTM
Bring your target
customer to life
Develop customer personas
● Who are they?
● What do they do?
● Where do they live?
● How do they live?
● What does their day look like?
Identify their pain points
● What challenges to they face?
● What do they wish they could do?
Define what your product/service value
is to them
● What do you want them to think?
● What do you want them to feel?
● What do you want them to do?
Meet
Stressed Out Somto
Reach & convert your target customers
Marketing Sales
The process of building a pipeline
of potential customers who are
interested in your product or
service.
The activities that lead to the
selling of products or services
where value provided is
exchanged for money.
Awareness/Lead Generation Conversion
Focus: 70% - 80% Focus: 30% - 20%
1 to Many 1 to 1
Branding, reputation, market
research, company/product story,
advertising, prospecting, PR
Sales calls/emails, sales events/
trade fairs, promotions, incentives,
leads, customer relationship
management (CRM), post sales
support/customer care
VS.
Post-sales retention & growth
Retain
Surprise
Delight
Review
Revise
Repeat
Penetrate
Create
Expand
Keep your
customers
Recycle your GTM Grow your pie
ohsonutrition.com
hello@ohsonutrition.com
+234.909.244.8618
Let’s be social!
IG/TW @ohsonutrition
FB /ohsonutrition
Thank You!

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SEO-Optimized Title for EKO Innovation Centre GTM Strategy Document

  • 1.
  • 2. LEARNING PURPOS E Deliver Professional Knowledge - Data School - Product School Supporting Businesses Leveraging Innovation & Technology in solving poverty and its symptoms in Africa PURPOSE ACCELERATING AND COMMERCIALIZING INNOVATION RESEARCH & SUSTAINABILITY Drive social-impact products addressing SDGs ACCELERATION Commercialize & scale high-impact businesses Accelerate idea-to- commercialization curve Support initiatives that enable govt deliver services to citizens DIGITAL PRODUCT INCUBATION CIVIC TECH info@ekoinnovationhub.com
  • 3. Talking Points ➢Why you need a GTM Strategy ➢Building your GTM ➢Retention and growth ➢Elements of a successful GTM
  • 4. SELL IT! THE NEED FOR A GO-TO-MARKET STRATEGY EKO INNOVATION CENTRE
  • 5. lifestyle company promoting wellness food & beverage grab-n-go Proudly Nigerian. Founded in 2014.
  • 6. Our Story ● Defined a clear need; convenient allergen-friendly foods (gluten free, dairy free, plant-based/forward) ● Identified a gap in the market; lack of grab-and-go pre-packaged healthy allergen-friendly foods ● Built a business and products to address the gap ● Took a chance - online only; ohsonutrition.com ● Focus on; brand, awareness, product quality & consistency, customer relationship management, supplier relationship management, operations management, marketing and sales Business Model: Online > made-when-ordered > delivered to your door We
  • 8. Product/ Service Revenue /Profits A GTM strategy is the path that connects what you’re offering to the market that will find value in it. Customers What is a Go-To- Market strategy?
  • 9. Cover all bases - legal, approvals, compliance Why every business needs a GTM strategy Reduces time to market Target right customers Manage costs increases profits Establish growth & retention path Define change management & innovation frameworks Establish or reinforce brand position Grow & defend market share
  • 10. Key elements of a GTM strategy Business case Defined target market Defined target segments Overview of competitive landscape Clear value proposition Marketing plan Sales plan Defined success metrics Procedures for managing GTM
  • 11. Bring your target customer to life Develop customer personas ● Who are they? ● What do they do? ● Where do they live? ● How do they live? ● What does their day look like? Identify their pain points ● What challenges to they face? ● What do they wish they could do? Define what your product/service value is to them ● What do you want them to think? ● What do you want them to feel? ● What do you want them to do? Meet Stressed Out Somto
  • 12. Reach & convert your target customers Marketing Sales The process of building a pipeline of potential customers who are interested in your product or service. The activities that lead to the selling of products or services where value provided is exchanged for money. Awareness/Lead Generation Conversion Focus: 70% - 80% Focus: 30% - 20% 1 to Many 1 to 1 Branding, reputation, market research, company/product story, advertising, prospecting, PR Sales calls/emails, sales events/ trade fairs, promotions, incentives, leads, customer relationship management (CRM), post sales support/customer care VS.
  • 13. Post-sales retention & growth Retain Surprise Delight Review Revise Repeat Penetrate Create Expand Keep your customers Recycle your GTM Grow your pie