outpost24 template product management...product management functions. 7. customer. solution. message...
TRANSCRIPT
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Outpost24 Template2019
Product ManagementFocus your business on customer value
Bob EgnerCMO & Head of Products
February 13, 2019
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Steve JobsWWDC 1997
You've got to start with the customer experience and work backwards to the technology.
You can't start with the technology and try to figure out where you're going to try to sell it.
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The ingredients to grow
Product that solves a problemSales team enabled to compete and winProspects who know they have the problem you can solve
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My background 4
I am an engineer by education,A marketer by occupationAnd a product manager by inclination
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My background 5
I am an engineer by education,A marketer by occupationAnd a Product Manager by inclination
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Product management functions 6Cu
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Solution• What are the customer problems• Are they willing to pay for a solution• Develop products / services to solve• Develop go-to-market to guide the organization
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Product management functions 7Cu
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Solution
Message
• Is the customer aware they have the problem?• Who feels the pain of the problem?• Who ultimately buys the solution?• Why would they buy?
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Product management functions 8Cu
stom
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Solution
Message
Decision• Can you compete?• Can you win?• Can you provide objective evidence of value?
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Product management functions 9Cu
stom
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Solution
Message
Decision
Delivery• What is needed to implement the solution?• What is needed to operate the solution?• Is the customer satisfied?
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Other department functions 10Cu
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Solution
Message
Decision
Delivery• Customer care• Service delivery• Finance• Sales• Technical sales
• Marketing• Product Marketing
• Engineering• Service delivery• Finance
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Cover the gaps 11
Marketing
Product Sales
See-Think-Do• Thought leadership• Expand at depth
Solve problems• Feasible• Desireable• Viable
Value• Articulate• Demonstrate• Prescribe
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Cover the gaps 12
Marketing
Product Sales
Gap:No traction
Gap:Can’t convert
Gap:Low satisfaction
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Frameworks 13
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Frameworks 14
Pragmatic Marketing Triadpragmaticinstitute.com/framework
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Where to get started
1. Engage customers (ex. win / loss calls)2. Give a roadmap / strategy talk3. Review competitive and substitute solutions4. Write a positioning statement for your marketing team5. Run a sales workshop
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Takeaways• Gain commitment for a Product Management function• Start with customer interaction• Design a support network to sustain / grow skills