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Georgia_Diaconescu_Monese.pdf

 Georgia_Diaconescu_Monese.pdf

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  1. It ain’t what you don’t know that gets you into

    trouble. It’s what you know for sure that just ain’t so. LEO TOLSTOY “ ”
  2. 7 out of 10 businesses fail in the first 10

    years. US BUREAU OF LABOR STATISTICS, 2019
  3. People don’t just buy your product they hire it to

    get a job done. THEY FIRE IT, IF IT DOESN’T. CLAY CHRISTENSEN, Harvard Business School “The Innovator’s Dillemma”
  4. BENEFICIARY (persona) + JOB TO BE DONE • Demographic data

    • Geographic data • Psychographic data & other • Behavioral insights • Buying patterns • Experience & end goals
  5. Jobs give us the functional outcome (WHAT) Personas give us

    the human dimension (WHO) Journeys give us the context (HOW)
  6. 1. Map out each stage & each step of the

    job DEFINE PREPARE EXECUTE MONITOR MODIFY CONCLUDE • Step 1 (action + variable) • Step 2 • Step 3 • … • Step 1 • Step 2 • Step 3 • … • Step 1 • Step 2 • Step 3 • … • Step 1 • Step 2 • Step 3 • … • Step 1 • Step 2 • Step 3 • … • Step 1 • Step 2 • Step 3 • …
  7. 2. Calculate the opportunity score for each job step IMPORTANCE

    SATISFACTION SATISFACTION GAP OPPORTUNITY SCORE = IMPORTANCE + SATISFACTION GAP <10 represent well-served market, >10 are underserved. The higher the number the greater the market opportunity to improve the JTBD.
  8. 3. Select areas of opportunity Define Step 1 (action +variable)

    Score Step 2 Score Step 3 Score ... …. Monitor Step 1 (action +variable) Score Step 2 Score Step 3 Score ... …. Conclude Step 1 (action +variable) Score Step 2 Score Step 3 Score ... …. Prepare Step 1 (action +variable) Score Step 2 Score Step 3 Score ... …. Execute Step 1 (action +variable) Score Step 2 Score Step 3 Score ... …. Modify Step 1 (action +variable) Score Step 2 Score Step 3 Score ... ….
  9. Self-perception Step (1): … Step (20): … Step (28): ...

    A Techniques Step (26):... Step (75): ... Planning Step (5): … B 4. Organize the opportunity in themes Personalisation Step (10): … Step (21):... Step (39):... Deliberation Step (41): … C Tools, products or services Step (36): … Step (37): … Step (40): … D
  10. 6. Identify your competitive edge. Where do you excel? Step

    5 Step 8 Step 25 Step 30 Step 34 Step 35 Step 11 Step 15 Step 20 Step 28 Decide whether or not to repeat the look Step 50 8.0 14.0 8.5 14.5 15.5 10.0 9.0 16.0 5.5 7.0 14.0 14.9 Competitor #1 Competitor #2 # Opportunity score
  11. 9.(Re)Plan your Go-to-market strategy DIFFERENTIATED STRATEGY Win underserved customers only

    DOMINANT STRATEGY Win all types of customers DISRUPTIVE STRATEGY Win overserved customers & rest DISCRETE STRATEGY Win customers with limited options Get job done BETTER Get job done SAME Charge MORE Charge LESS Source: Strategyn
  12. Do your business-as-usual work on Personas, but enrich it 1.

    Map out each stage & each step of the job 2. Calculate the opportunity score for each job step 3. Select areas of opportunity 4. Organize the opportunity in themes 5. Ideate around the themes with your team 6. Identify your competitive edge. Where do you excel? 7. Select 3 underserved value props & test with Personas 8. Craft your message & TEST 9. (Re)Plan your GTM strategy