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Insights from April Dunford’s Business of Software AMA In an era where “AI-powered” has become the default label for tech products, positioning your company clearly and effectively is more challenging than ever. Here’s what every founder needs to know to navigate the new terrain of positioning in the age of AI.
This unique reason is your differentiated value. Why is Understanding Your Differentiated Value So Important? When you don’t clearly understand and communicate your differentiated value, a few problems appear: You Sound Like Everyone Else Without clarity on what makes you different, your message becomes generic.
As tech companies navigate an increasingly AI-driven landscape, the role of differentiated, customer-centric messaging has never been more critical. There is AI-Fatigue in the Air While AI remains atop our news feeds, simply claiming “AI capabilities” is no longer a differentiator. What’s next for Product Marketers?
Step 4: Summarise Competitor Strategy and Positioning Once youve gathered your data, organise it into a simple comparison table. This can help highlight potential whitespace or opportunities to differentiate. Compare this analysis to your product strategy and positioning. Ask yourself: What story is emerging?
When you embrace a full-stack security approach, you minimize vulnerabilities and position your organization as a leader in secure AI adoption. Benefits of mitigating AI security and compliance risks Taking a proactive stance on AI security and compliance positions your organization as a leader rather than a follower.
This knowledge area covers: Developing and implementing product strategies Aligning product roadmaps with business objectives Identifying and prioritizing market opportunities Competitive analysis and positioning By mastering strategic thinking, product managers can ensure that their efforts contribute to the overall success of their organization.
Gainsight recently announced that we were named a Leader in the first-ever Gartner Magic Quadrant for Customer Success Management Platforms ; Gainsight was positioned highest on the Ability to Execute axis and furthest on the Completeness of Vision axis. It became clear they werent there for the refreshmentsthey were there to meet each other.
In just two months, the best conference for software CEOs and senior leaders is happening in Churchill College, Cambridge, UK – BoS Europe. Because its not your typical conference. Sara will show how companies that tap into emotions like Sloth (Uber Eats) or Greed (Amazon) achieve strong market positions. Why the best?
I had a conversation with April Dunford recently to discuss her brand new talk for BoS USA 2023 and the question of why positioning fails in sales came up a lot… April’s obviously awesome by the way. She had some super insightful things to share about why positioning fails in sales – and what to do about it.
Here’s an example of product positioning at its finest. Product knowledge is a big fat handicap when it comes to positioning value because it forces you to overthink everything. As product managers and product marketers, all you have to do is bring their vision of success to life with your positioning and you’ve got a winner.
Join me at the annual PDMA conference, Chicago Nov 12-15. Product management starts with positioning, not with product. This means we begin with product positioning… [link]. Rituals associated with a product creates differentiation. Five educational tracks and 30+ sessions. Read more at [link].
Product positioning is crucial in product management to attract prospects and stand out in your niche. But how can you start crafting an effective positioning strategy that appeals to your target audience? TL;DR Developing a solid product positioning strategy involves several key steps. Understand your competition.
Will the product make a positive impact on people’s lives, the wider society, and the planet, or will it at least not cause any harm ? Do the metrics show a positive, flat, or negative trend? Talking to users, attending trade shows and conferences, and participating in the online communities can help you spot new trends.
PDMA invited me to their conference, which was in Orlando, Florida, to interview some of their speakers. This speaker emceed the conference and presented on Lean Product Management: How to Achieve Product-Market Fit. For example, yesterday at the conference, Hershey brought a huge table of chocolate.
Do the metrics show a positive, flat, or negative trend? Talking to users, attending trade shows and conferences, and participating in the online communities can help you spot new trends. Reviewing their products will tell you if your product is still sufficiently differentiated. What conclusions can you draw from the analysis?
For starters, we debuted not one but two new conferences – MTP Engage Manchester and #mtpcon Singapore. Our Singapore conference was also the catalyst for another new initiative this year, #mtpontour. Both of these exciting launches came in response to growing demand and got off to flying starts. Worldwide Celebrations.
From page 1 of Obviously Awesome: How To Nail Product Positioning So Customers Get It, Buy It, Love It , it was clear that the team at Business of Software needed to read April Dunford’s new book. Want us to let you know about new talk videos, speaker AMAs, Business of Software Conference and other event updates?
What does the conference have to offer this year? Userpilot Product Drive is an annual conference for product folks organized by Userpilot. The conference covers topics like product-led growth , product analytics, and AI in product management , focusing on both tactical and strategic aspects of product development.
The product-focused approach helps you deliver a clear product value proposition, improve your brand image, and demonstrate competitive differentiation. Over time, your audience will begin associating the product’s positive attributes with your brand itself, which leads to increased trust and loyalty. Product-led blog content.
Competitor analysis enables PMs to find areas where rivals fail customers and develop sound positioning and differentiation strategies. They can help you shape your product development, refine your positioning and differentiation strategies, and develop a compelling unique value proposition. Such insights are invaluable.
Differentiation : Strategic messaging highlights what makes your brand unique, showcasing features and benefits that set you apart from competitors. Plus, knowing what customers want helps with better brand positioning, leading to increased engagement and conversion rates. A good place to start is by creating user personas.
A good messaging strategy should have a clear goal, differentiate your brand from the competition, provide personalized messages for a specific audience, and tell the brand story at each stage of the customer journey. The positioning strategy highlights your brand’s favorable position compared to the competition in concrete terms.
I think one point of differentiation in how we’ve built the surfboard team is it’s become really design-led. Your product marketing is so on point – the way you’ve been able to facilitate this self-serve and onboarding journey that is relatively frictionless, and the way that you position yourselves in the broader market.
Analyzing customer insights enables SaaS companies to make informed decisions, identify real customer problems to solve, and create positive customer experiences throughout their journey. Marketing teams need them to develop positioning and differentiation strategies and to orchestrate marketing campaigns that resonate.
Like a Rolodex, there’s no priority given to the contacts we care about and those of random folks we met at a conference twelve years ago or maybe worked with at one point… We can’t remember despite its core function as a way to see who works where and whom we might know at a particular company. Carlos Gonzalez de Villaumbrosia. Matt Bilotti.
Organizations from early-stage startups to mature enterprises have been prioritizing design and its methods as a competitive differentiator for years. Look into holistic positive changes–try to uncover if the design team has contributed to an increase in sales, competitiveness, or brand loyalty in qualitative stories as well.
My teams read all of these books, they do good trainings, they go to conferences, but they were lacking these tiny little details, and, to be honest, even I struggled. This is something that is not super easy in my position, but something I would encourage every product leader to do. Keep in mind: We’re really a mature team.
Product marketing is actually the function for which a traditional marketing degree most prepares you since it covers many of the core marketing responsibilities including messaging, positioning, pricing, and market research. For growth marketers, use ad and landing page testing to help product marketing by testing messaging and positioning.
This mid-level product role is like the associate-level product manager position. When are you ready to move from Product Manager to a senior position? Senior product managers are well-positioned to move on to a director-level role if they accomplish two things. Formulate pricing and competitive positioning for each product.
Write a positioning statement- how is your product different? Write a positioning statement. Your product positioning statement ties in with this strategy and should summarize your product, who it’s for, and what needs it satisfies. Also, focus on what differentiates your product in the market.
Enterprise pricing does not always mean a radically different product at first but a differentiated product with different levels of service, customization, integration and capability had to be built to meet the demands of the new customer base. Positioning. Will they be prepared to pay more? Sales Processes.
This advice sounds so simple and so obvious, yet I see way too many product and design teams spending significant iteration time within their four walls holed up in conference rooms debating the merits of various strategies, features, and design decisions with limited direct customer input. The Solution.
Monday 2 October Mayor Baldwin Mayor Baldwin will welcome Business of Software Conference to Raleigh on behalf of the city. In this series of sessions at BoS Conference USA 2023 we’ll deep dive into how Autobooks retooled their business and ask the question, “What Happens if Product, Sales & Marketing Work Together?”
One of the themes that emerged over the course of the conference was the importance of understanding the needs of customers and the metrics you can use to better understand and act on their real, rather than stated, needs. We’ve used NPS to gather evaluation data for the conference for a seven years. pic.twitter.com/cBzVvt2Rtx.
Whereas a rising CAC could signal the need for a reevaluation of a mature product’s differentiation in the market, a falling CAC could be a good indicator of a new product having achieved product-market fit. Considerations A potential challenge comes in gathering a full calculation of the costs incurred by sales and marketing.
Major Takeaways: You can’t help others if you’re not in a position to help yourself. Nils shares what this word is and how, if you use it, will put you in a tremendous position of authority. You must ensure that the differentiation is clear. This session was led by Violaine Yziquel, Sr.
He had hired Kyle Bazzy and Derik Sutton into sales and marketing roles and he felt the work they had done could offer significant differentiation in the market. The Results Autobooks started seeing positive results within 3 months of the new plan being put in place and have gone from 17 financial institutions under contract to close to 1500.
This mid-level product role is like the associate-level product manager position. When are you ready to move from Product Manager to a senior position? Senior product managers are well-positioned to move on to a director-level role if they accomplish two things. Formulate pricing and competitive positioning for each product.
You can probably find some customer documentation and help screens, release notes, product plans, sales and conference presentations, white papers and ebooks, and sales enablement tools. Learn the key capabilities, particularly those that are competitive differentiators. Which positioning technique is used, if any?
He was tutoring online when I was staying with him, and we realized that education content hadn’t been re-imagined for the video conference classroom. That’s where, I think, Otus is uniquely positioned. He went to Sorbonne, which, in practical terms, means you end up being an English-as-a-second-language teacher.
Every customer conference and AMA starts with questions about AI. The hope is for positive press coverage but few serious end users. Stories range from “20 ways you can use ChatGPT to make your work easier” to “here’s how AI will end civilization as we know it.”
The cost of starting a business is lower than ever, products are commoditized, and markets are saturated, which means achieving true differentiation is tough. So, how can you differentiate your company in this environment? There’s more competition than ever. Focus on customer experience.
Remember, your sales team and your product sit in a unique position. 27th & 29th September BoS Conference: Fall 2021 , online with multiple speakers. Treat all the ideas, principles, methods and tools as a useful starting point or a framework for thinking about your biggest sales challenges.
In today’s highly competitive landscape, providing exceptional customer experiences has become a key differentiator. One of the most effective ways to enhance customer experiences is by focusing on the little touches that can elevate enjoyment and leave a lasting positive impression. Unsubscribe any time.
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