SlideShare una empresa de Scribd logo
1 de 33
Descargar para leer sin conexión
Going from Messaging Nightmare to
Messaging Delight - How to Create a
Powerful Messaging Platform
Tom Evans
CompellingPM
@compellingpm
Copyright 2013. The Lûcrum Group, Inc. 1
Poll Question 1
Does your company have a standard/structured
approach to creating a marketing messages?
a) Yes, all new product marketing initiatives start
with a standard messaging platform.
b) Sometimes we create a messaging platform, but
this is not a standard.
c) No, we never create a messaging platform.
Copyright 2013. The Lûcrum Group, Inc. 2
Without a Messaging Platform
• Market facing personnel each have their unique
set of messages they use
• Product marketing is constantly putting out fires
and rushing to create messages on short notice
• Marketing creates messages with no input from
the product team
• Marketing and sales tools fail to motivate target
buyers
Confusion in the market place!
Copyright 2013. The Lûcrum Group, Inc. 3
What is a Messaging Platform?
A Messaging Platform serves as a reference to
all “market-facing” personnel in your
organization to ensure consistency & accuracy of
messaging for your product (or company).
Copyright 2013. The Lûcrum Group, Inc. 4
Poll Question 2
What is the most important starting point for a
messaging platform ?
a) Selecting the most critical product features to
communicate
b) Feedback from the sales team on what messages
work the best
c) Product positioning
d) Alignment with senior executives
Copyright 2013. The Lûcrum Group, Inc. 5
Copyright 2013. The Lûcrum Group, Inc. 6
Messaging Platform Structure
Positioning
Key Messages / w Evidence
Tagline Talk Track
Product
Descriptions
FAQs
Copyright 2013. The Lûcrum Group, Inc. 7
Guides All Other Tools & Programs
MessagingPlatform
Marketing & Sales
Tools
Marketing
Campaigns
Public Relations
Product Demos
Copyright 2013. The Lûcrum Group, Inc. 8
Messaging Platform Structure
Positioning
Key Messages / w Evidence
Tagline Talk Track
Product
Descriptions
FAQs
Copyright 2013. The Lûcrum Group, Inc. 9
Positioning Decisions
1. Target Market(s)
2. Key Problems Solved
3. Most Important Value Proposition
– What we do for our customers
4. Key Points of Differentiation
– Why us
Copyright 2013. The Lûcrum Group, Inc.
Target Markets
• Messages must resonate with target audience
– Corollary: it will not (& shouldn’t) resonate with all
• Key Personas – Buyers, Influencers, Users
– What do they care about
– What language do they use
– Typical profile/characteristics
Copyright 2013. The Lûcrum Group, Inc.
Key Problems Solved
• What are the buyers motivations (per buyer
persona)?
– Need, pain, goal, challenge, ideals
– Personal & business
– Articulated & unarticulated
– What do they need to know to make a decision
– How will they evaluate & use your product?
Copyright 2013. The Lûcrum Group, Inc.
Value Proposition
• What we do for you!
• Benefits & value your customer will realize from
purchase and use of your product
• Relative to customer’s other viable alternatives
• Sources of value:
– Reference customers, industry expertise, internal processes,
partnerships, innovation, IP, delivery methods, geography, social,
business model, personnel, features, guarantees, brand promise, core
competencies, etc.
– Speaking to your customers
Copyright 2013. The Lûcrum Group, Inc.
Differentiation
• Why us!
• What makes your product stand out
• Meaningful value to the customer
• Sources of differentiation:
– Reference customers, industry expertise, internal processes, partnerships,
innovation, IP, delivery methods, geography, social, business model,
personnel, features, guarantees, brand promise, core competencies, etc.
– Speaking to your customers
Copyright 2013. The Lûcrum Group, Inc.
Positioning Statement
• For [target end user]
• Who wants/needs [compelling reason to buy]
• The [product name] is a [product category]
• That provides [key benefit].
• Unlike [main competitor (s)],
• The [product name] [key differentiation]
Copyright 2013. The Lûcrum Group, Inc.
Adapted from: Geoffrey Moore - Crossing the Chasm
Messaging Platform Structure
Positioning
Key Messages / w Evidence
Tagline Talk Track
Product
Descriptions
FAQs
Copyright 2013. The Lûcrum Group, Inc. 16
Key Messages
• Per target buyer persona
• 2 to 4 messages per persona
• In customer’s language
– Avoid meaningless words
– Not advertising language
• Support positioning
Copyright 2013. The Lûcrum Group, Inc.
Messages Are Benefit Statements
• Too many market messages are about features or
technology
• Changing to benefits
– Why is a feature important (so what?)
– What does it mean to the customer
– Use “So That”
• Example
– 4 inch Retina display
– “So that” you can view photo quality images and still
use it effectively with one hand
Copyright 2013. The Lûcrum Group, Inc. 18
Message Alignment
Strategic Increase plant profitability
Get new customers / Gain market share
Increase customer loyalty
Managerial Reduce maintenance costs
Responsive to customer orders
Focus staff on higher value activities
Reduce staffing costs
Operational Reduce Process Upsets
Reduce Time to handle process upsets
Faster transitions between grades
More time for process improvement
Copyright 2013. The Lûcrum Group, Inc. 19
Supporting Evidence
• You stated a message, but why should
someone believe the message?
– Reason to believe
• 2 to 4 points of evidence per message
• Sources
– Customer testimonials, unbiased testing,
distinguishing features, third party validation,
facts & statistics, etc.
Copyright 2013. The Lûcrum Group, Inc. 20
Exercise
Product Name: SmartCredit
Target Market
Small to Medium Size Credit Card Issuers
VP of Cards
 Must grow total outstanding balances from a reduced number of prospects
 Looking for promotion to top executive in cards or other line of business
 Wants to avoid all potential confrontation with Feds over marketing tactics
 Middle age, male, MBA, full career in credit card services
Key Problems Solved
Risk management platform
 Must grow portfolio size while maintaining portfolio risk.
 Must profitably compete against the top 10 card issuers for new cardholders.
 Low capital investment (can’t afford multi-million dollar investment)
Value Proposition
• Compete cost effectively and take market share from top 10 competitors
• Profitably grow outstanding balances without increasing delinquencies and write-offs
Differentiation
• No capital investment and quick implementation (less than 3 months).
Key Messages
• Achieves the same risk management power that the large competitors have.
• Delivered as a service with no custom development and capital investment.
• Allows you to quickly adapt new risk management strategies as market conditions change
Evidence
• Bank X increased portfolio size by 25% while reducing delinquencies by 10%
• No software to install, monthly subscription fees
• Bank Y was able to create and test new risk management strategies in less than a week (v. 3 months with
traditional systems)
• Bank Z was operational within 4 months of contract (v 18 months with major competitor)
Copyright 2013. The Lûcrum Group, Inc.
Poll Question 3
Who in your organization is responsible for
defining the market messages?
– Marketing Communications
– Executive Management
– Product Management
– Product Marketing
– Everyone
– No One
Copyright 2013. The Lûcrum Group, Inc. 22
Messaging Platform Structure
Positioning
Key Messages
Tagline Talk Track
Product
Descriptions
FAQs
Copyright 2013. The Lûcrum Group, Inc. 23
Tagline
• Succinctly communicates the essence of your
brand promise in a memorable way
• Creates a first impression
• No Tagline is better than a bad Tagline
• Memorable taglines
– Just Do It
– Because so much is riding on your tires
– 1000 songs in your pocket
Copyright 2013. The Lûcrum Group, Inc. 24
Talk Track
• Guides the initial conversation
• Leads to a longer conversation (sales
call/presentation)
Copyright 2013. The Lûcrum Group, Inc. 25
Developing Talk Track
1. Sales Opener (Elevator Speech) - 30 seconds to get
attention
– What your company/product does
– Key problem addressed for that target market
– Key benefits received
2. Talking Points - another 2 minutes to lead to longer
discussion
– Brief statement on how you do that
– Communicate key benefits (aligned with key messages)
– Provide evidence (case study, testimonial)
– Create a vision of success for them
– Ask for longer conversation
Copyright 2013. The Lûcrum Group, Inc. 26
Product Description
• Boiler plate product description
• Various lengths
– 50, 100, 150, 200, 250 words
• Use in press releases, news articles, SEO,
tradeshows, etc.
Copyright 2013. The Lûcrum Group, Inc. 27
FAQS
• Answers most common questions from
prospects/customers/press
• Can address questions on competition
• Keeps “market facing” personnel on message
Copyright 2013. The Lûcrum Group, Inc. 28
Summary
• Messaging platform ensures consistency of
message.
• Must be owned by Product Marketing (or
Product Management)
• Key element to feed all other marketing facing
tools and programs
• Validate with your target markets
Copyright 2013. The Lûcrum Group, Inc. 29
My Next Webinar
What is a Go-To-Market Strategy Anyway & How
Do I Create One?
TBD
http://www.aipmm.com/aipmm_webinars
Copyright 2013. The Lûcrum Group, Inc. 30
Upcoming Training
• Optimal Product Management & Product Marketing
– Sep 5 – 7 (Mexico City)
– Sep 9 – 11 (Austin)
– Oct 14 – 16 (Dallas)
• AIPMM Certifications
– Nov 5 – 6 (CPM – Austin)
– Nov 7 – 8 (CPMM – Austin)
More dates/locations - www.280group.com
Copyright 2013. The Lûcrum Group, Inc. 31
Free 1 Hour PM/PMM Consult
• First ten to submit information on form
• http://compellingpm.com/freeonehour/
• Please include background on topic or issue
• Must include company info (no Gmail)
Copyright 2013. The Lûcrum Group, Inc. 32
Thank You!
Tom Evans
CompellingPM
tevans@compellingpm.com
@compellingpm
www.compellingpm.com
Copyright 2013. The Lûcrum Group, Inc. 33

Más contenido relacionado

La actualidad más candente

Great Requirements Form the Foundation for Successful Products
Great Requirements Form the Foundation for Successful ProductsGreat Requirements Form the Foundation for Successful Products
Great Requirements Form the Foundation for Successful ProductsCompellingPM
 
The 10 Most Important Levers of Control That All Product Managers and Product...
The 10 Most Important Levers of Control That All Product Managers and Product...The 10 Most Important Levers of Control That All Product Managers and Product...
The 10 Most Important Levers of Control That All Product Managers and Product...CompellingPM
 
Profitable Products Sell Value: Why Value-Based Pricing Wins
Profitable Products Sell Value:  Why Value-Based Pricing WinsProfitable Products Sell Value:  Why Value-Based Pricing Wins
Profitable Products Sell Value: Why Value-Based Pricing WinsCompellingPM
 
Engr245 session 01 course overview
Engr245 session 01 course overviewEngr245 session 01 course overview
Engr245 session 01 course overviewStanford University
 
Fundamentals of Entrepreneurial Product Marketing
Fundamentals of Entrepreneurial Product MarketingFundamentals of Entrepreneurial Product Marketing
Fundamentals of Entrepreneurial Product MarketingColin Kennedy
 
The Art of Product Marketing
The Art of Product MarketingThe Art of Product Marketing
The Art of Product MarketingRand Fishkin
 
Stanford Entrepreneurship Week 030211
Stanford Entrepreneurship Week 030211Stanford Entrepreneurship Week 030211
Stanford Entrepreneurship Week 030211Stanford University
 
Sxsw New Rules for the New Bubble 031211
Sxsw New Rules for the New Bubble 031211Sxsw New Rules for the New Bubble 031211
Sxsw New Rules for the New Bubble 031211Stanford University
 
Lecture 3 customer segments 120411
Lecture 3 customer segments 120411Lecture 3 customer segments 120411
Lecture 3 customer segments 120411Stanford University
 
Innovation Incorporated 2018
Innovation Incorporated 2018Innovation Incorporated 2018
Innovation Incorporated 2018Mike Parsons
 
University of Michigan in Silicon Valley 030211
University of Michigan in Silicon Valley 030211University of Michigan in Silicon Valley 030211
University of Michigan in Silicon Valley 030211Stanford University
 
Isobar - Product & Ventures - Finding Product/Market Fit
Isobar - Product & Ventures - Finding Product/Market FitIsobar - Product & Ventures - Finding Product/Market Fit
Isobar - Product & Ventures - Finding Product/Market FitNhat Tran
 
Proof of Concept: What It Is and How to Do it Right
Proof of Concept: What It Is and How to Do it RightProof of Concept: What It Is and How to Do it Right
Proof of Concept: What It Is and How to Do it RightAdRoll
 
The search for Product-Market Fit
The search for Product-Market FitThe search for Product-Market Fit
The search for Product-Market FitJérôme Kehrli
 
Columbia lecture 111210 customer development
Columbia lecture 111210 customer developmentColumbia lecture 111210 customer development
Columbia lecture 111210 customer developmentStanford University
 
VEINTE CLAVES PARA LOGRAR EL éXITO INTERNACIONAL CON PRODUCTOS Y SERVICIOS CO...
VEINTE CLAVES PARA LOGRAR EL éXITO INTERNACIONAL CON PRODUCTOS Y SERVICIOS CO...VEINTE CLAVES PARA LOGRAR EL éXITO INTERNACIONAL CON PRODUCTOS Y SERVICIOS CO...
VEINTE CLAVES PARA LOGRAR EL éXITO INTERNACIONAL CON PRODUCTOS Y SERVICIOS CO...CompellingPM
 

La actualidad más candente (19)

Great Requirements Form the Foundation for Successful Products
Great Requirements Form the Foundation for Successful ProductsGreat Requirements Form the Foundation for Successful Products
Great Requirements Form the Foundation for Successful Products
 
The 10 Most Important Levers of Control That All Product Managers and Product...
The 10 Most Important Levers of Control That All Product Managers and Product...The 10 Most Important Levers of Control That All Product Managers and Product...
The 10 Most Important Levers of Control That All Product Managers and Product...
 
Product Strategy Case Study
Product Strategy Case StudyProduct Strategy Case Study
Product Strategy Case Study
 
Profitable Products Sell Value: Why Value-Based Pricing Wins
Profitable Products Sell Value:  Why Value-Based Pricing WinsProfitable Products Sell Value:  Why Value-Based Pricing Wins
Profitable Products Sell Value: Why Value-Based Pricing Wins
 
Engr245 session 01 course overview
Engr245 session 01 course overviewEngr245 session 01 course overview
Engr245 session 01 course overview
 
Fundamentals of Entrepreneurial Product Marketing
Fundamentals of Entrepreneurial Product MarketingFundamentals of Entrepreneurial Product Marketing
Fundamentals of Entrepreneurial Product Marketing
 
The Art of Product Marketing
The Art of Product MarketingThe Art of Product Marketing
The Art of Product Marketing
 
Business Experiments
Business ExperimentsBusiness Experiments
Business Experiments
 
Stanford Entrepreneurship Week 030211
Stanford Entrepreneurship Week 030211Stanford Entrepreneurship Week 030211
Stanford Entrepreneurship Week 030211
 
Sxsw New Rules for the New Bubble 031211
Sxsw New Rules for the New Bubble 031211Sxsw New Rules for the New Bubble 031211
Sxsw New Rules for the New Bubble 031211
 
Lecture 3 customer segments 120411
Lecture 3 customer segments 120411Lecture 3 customer segments 120411
Lecture 3 customer segments 120411
 
Innovation Incorporated 2018
Innovation Incorporated 2018Innovation Incorporated 2018
Innovation Incorporated 2018
 
University of Michigan in Silicon Valley 030211
University of Michigan in Silicon Valley 030211University of Michigan in Silicon Valley 030211
University of Michigan in Silicon Valley 030211
 
Isobar - Product & Ventures - Finding Product/Market Fit
Isobar - Product & Ventures - Finding Product/Market FitIsobar - Product & Ventures - Finding Product/Market Fit
Isobar - Product & Ventures - Finding Product/Market Fit
 
Proof of Concept: What It Is and How to Do it Right
Proof of Concept: What It Is and How to Do it RightProof of Concept: What It Is and How to Do it Right
Proof of Concept: What It Is and How to Do it Right
 
The search for Product-Market Fit
The search for Product-Market FitThe search for Product-Market Fit
The search for Product-Market Fit
 
Columbia lecture 111210 customer development
Columbia lecture 111210 customer developmentColumbia lecture 111210 customer development
Columbia lecture 111210 customer development
 
VEINTE CLAVES PARA LOGRAR EL éXITO INTERNACIONAL CON PRODUCTOS Y SERVICIOS CO...
VEINTE CLAVES PARA LOGRAR EL éXITO INTERNACIONAL CON PRODUCTOS Y SERVICIOS CO...VEINTE CLAVES PARA LOGRAR EL éXITO INTERNACIONAL CON PRODUCTOS Y SERVICIOS CO...
VEINTE CLAVES PARA LOGRAR EL éXITO INTERNACIONAL CON PRODUCTOS Y SERVICIOS CO...
 
The value proposition builder
The value proposition builderThe value proposition builder
The value proposition builder
 

Similar a Going From Messaging Nightmare to Messaging Delight, How to Create a Powerful Messaging Platform

Webcast: Going From Messaging Nightmare to Messaging Delight
Webcast: Going From Messaging Nightmare to Messaging DelightWebcast: Going From Messaging Nightmare to Messaging Delight
Webcast: Going From Messaging Nightmare to Messaging DelightAIPMM Administration
 
Driving the Marketing and Sales Funnel to Close Deals: What Product Marketers...
Driving the Marketing and Sales Funnel to Close Deals: What Product Marketers...Driving the Marketing and Sales Funnel to Close Deals: What Product Marketers...
Driving the Marketing and Sales Funnel to Close Deals: What Product Marketers...CompellingPM
 
How to Build and Finance Very Successful Start Ups the coming 10 years
How to Build and Finance Very  Successful  Start Ups the coming 10 yearsHow to Build and Finance Very  Successful  Start Ups the coming 10 years
How to Build and Finance Very Successful Start Ups the coming 10 yearsMike Mastroyiannis
 
Steven Wardell, Presentation to MIT Enterprise Forum, Go To Market Strategy 2...
Steven Wardell, Presentation to MIT Enterprise Forum, Go To Market Strategy 2...Steven Wardell, Presentation to MIT Enterprise Forum, Go To Market Strategy 2...
Steven Wardell, Presentation to MIT Enterprise Forum, Go To Market Strategy 2...Steven Wardell
 
Driving the Marketing and Sales Funnel to close Deals: What Product Marketer...
Driving the Marketing and Sales Funnel to close Deals:  What Product Marketer...Driving the Marketing and Sales Funnel to close Deals:  What Product Marketer...
Driving the Marketing and Sales Funnel to close Deals: What Product Marketer...CompellingPM
 
317589235-e-Types-Strategy-Formulation-GL-v1-0.pdf
317589235-e-Types-Strategy-Formulation-GL-v1-0.pdf317589235-e-Types-Strategy-Formulation-GL-v1-0.pdf
317589235-e-Types-Strategy-Formulation-GL-v1-0.pdfFA Michael Odiembo
 
Market Research for Start-ups
Market Research for Start-upsMarket Research for Start-ups
Market Research for Start-upsChris Yalonis
 
Market Research for Start-ups
Market Research for Start-upsMarket Research for Start-ups
Market Research for Start-upsChris Yalonis
 
Going from message nightmare to message delight
Going from message nightmare to message delight Going from message nightmare to message delight
Going from message nightmare to message delight CompellingPM
 
Necessary Elements of Digital Marketing to Grow Your Business
Necessary Elements of Digital Marketing to Grow Your BusinessNecessary Elements of Digital Marketing to Grow Your Business
Necessary Elements of Digital Marketing to Grow Your BusinessDigital Vidya
 
Nothing Happens Until Someone Sells Something: Enabling Your Sales Channel t...
Nothing Happens Until Someone Sells Something:  Enabling Your Sales Channel t...Nothing Happens Until Someone Sells Something:  Enabling Your Sales Channel t...
Nothing Happens Until Someone Sells Something: Enabling Your Sales Channel t...CompellingPM
 
Voice pick Research - Product Information
Voice pick Research - Product InformationVoice pick Research - Product Information
Voice pick Research - Product InformationVoicePick1
 
Define a Powerful Go-to-Market Strategy That Sets Your Product Apart
Define a Powerful Go-to-Market Strategy That Sets Your Product ApartDefine a Powerful Go-to-Market Strategy That Sets Your Product Apart
Define a Powerful Go-to-Market Strategy That Sets Your Product ApartCompellingPM
 
Marketing Workshop - NASSCOM and IPMA
Marketing Workshop - NASSCOM and IPMAMarketing Workshop - NASSCOM and IPMA
Marketing Workshop - NASSCOM and IPMAspalangala
 
SMM06. Bullseye: Data-Driven Ways to Increase Pipeline
SMM06. Bullseye: Data-Driven Ways to Increase PipelineSMM06. Bullseye: Data-Driven Ways to Increase Pipeline
SMM06. Bullseye: Data-Driven Ways to Increase PipelineSalesLoft
 
Universal marketing solutions
Universal marketing solutionsUniversal marketing solutions
Universal marketing solutionsdineshsiwakoti
 

Similar a Going From Messaging Nightmare to Messaging Delight, How to Create a Powerful Messaging Platform (20)

Webcast: Going From Messaging Nightmare to Messaging Delight
Webcast: Going From Messaging Nightmare to Messaging DelightWebcast: Going From Messaging Nightmare to Messaging Delight
Webcast: Going From Messaging Nightmare to Messaging Delight
 
Driving the Marketing and Sales Funnel to Close Deals: What Product Marketers...
Driving the Marketing and Sales Funnel to Close Deals: What Product Marketers...Driving the Marketing and Sales Funnel to Close Deals: What Product Marketers...
Driving the Marketing and Sales Funnel to Close Deals: What Product Marketers...
 
How to Build and Finance Very Successful Start Ups the coming 10 years
How to Build and Finance Very  Successful  Start Ups the coming 10 yearsHow to Build and Finance Very  Successful  Start Ups the coming 10 years
How to Build and Finance Very Successful Start Ups the coming 10 years
 
Steven Wardell, Presentation to MIT Enterprise Forum, Go To Market Strategy 2...
Steven Wardell, Presentation to MIT Enterprise Forum, Go To Market Strategy 2...Steven Wardell, Presentation to MIT Enterprise Forum, Go To Market Strategy 2...
Steven Wardell, Presentation to MIT Enterprise Forum, Go To Market Strategy 2...
 
Go To Market Workshop
Go To Market WorkshopGo To Market Workshop
Go To Market Workshop
 
Driving the Marketing and Sales Funnel to close Deals: What Product Marketer...
Driving the Marketing and Sales Funnel to close Deals:  What Product Marketer...Driving the Marketing and Sales Funnel to close Deals:  What Product Marketer...
Driving the Marketing and Sales Funnel to close Deals: What Product Marketer...
 
317589235-e-Types-Strategy-Formulation-GL-v1-0.pdf
317589235-e-Types-Strategy-Formulation-GL-v1-0.pdf317589235-e-Types-Strategy-Formulation-GL-v1-0.pdf
317589235-e-Types-Strategy-Formulation-GL-v1-0.pdf
 
Market Research for Start-ups
Market Research for Start-upsMarket Research for Start-ups
Market Research for Start-ups
 
Market Research for Start-ups
Market Research for Start-upsMarket Research for Start-ups
Market Research for Start-ups
 
Going from message nightmare to message delight
Going from message nightmare to message delight Going from message nightmare to message delight
Going from message nightmare to message delight
 
Necessary Elements of Digital Marketing to Grow Your Business
Necessary Elements of Digital Marketing to Grow Your BusinessNecessary Elements of Digital Marketing to Grow Your Business
Necessary Elements of Digital Marketing to Grow Your Business
 
Nothing Happens Until Someone Sells Something: Enabling Your Sales Channel t...
Nothing Happens Until Someone Sells Something:  Enabling Your Sales Channel t...Nothing Happens Until Someone Sells Something:  Enabling Your Sales Channel t...
Nothing Happens Until Someone Sells Something: Enabling Your Sales Channel t...
 
Consumer behaviour [www.writekraft.com]
Consumer behaviour [www.writekraft.com]Consumer behaviour [www.writekraft.com]
Consumer behaviour [www.writekraft.com]
 
Consumer Behaviour [www.writekraft.com]
Consumer Behaviour [www.writekraft.com]Consumer Behaviour [www.writekraft.com]
Consumer Behaviour [www.writekraft.com]
 
Voice pick Research - Product Information
Voice pick Research - Product InformationVoice pick Research - Product Information
Voice pick Research - Product Information
 
Define a Powerful Go-to-Market Strategy That Sets Your Product Apart
Define a Powerful Go-to-Market Strategy That Sets Your Product ApartDefine a Powerful Go-to-Market Strategy That Sets Your Product Apart
Define a Powerful Go-to-Market Strategy That Sets Your Product Apart
 
Marketing Workshop - NASSCOM and IPMA
Marketing Workshop - NASSCOM and IPMAMarketing Workshop - NASSCOM and IPMA
Marketing Workshop - NASSCOM and IPMA
 
Marketing Automation 101
Marketing Automation 101Marketing Automation 101
Marketing Automation 101
 
SMM06. Bullseye: Data-Driven Ways to Increase Pipeline
SMM06. Bullseye: Data-Driven Ways to Increase PipelineSMM06. Bullseye: Data-Driven Ways to Increase Pipeline
SMM06. Bullseye: Data-Driven Ways to Increase Pipeline
 
Universal marketing solutions
Universal marketing solutionsUniversal marketing solutions
Universal marketing solutions
 

Más de CompellingPM

How to Create Sales & Marketing Tools that Sales & Customers Will Actually Use
How to Create Sales & Marketing Tools that Sales & Customers Will Actually UseHow to Create Sales & Marketing Tools that Sales & Customers Will Actually Use
How to Create Sales & Marketing Tools that Sales & Customers Will Actually UseCompellingPM
 
The Strategic Role of Product Management & Product Marketing in Driving Produ...
The Strategic Role of Product Management & Product Marketing in Driving Produ...The Strategic Role of Product Management & Product Marketing in Driving Produ...
The Strategic Role of Product Management & Product Marketing in Driving Produ...CompellingPM
 
You Messaging Sucks, Now Let's Go Fix It! PCA14
You Messaging Sucks, Now Let's Go Fix It!   PCA14You Messaging Sucks, Now Let's Go Fix It!   PCA14
You Messaging Sucks, Now Let's Go Fix It! PCA14CompellingPM
 
Transforming Guadalajara Tech Companies for Global Export Success
Transforming Guadalajara Tech Companies for Global Export SuccessTransforming Guadalajara Tech Companies for Global Export Success
Transforming Guadalajara Tech Companies for Global Export SuccessCompellingPM
 
Good Product Manager, Bad Product Manager - Product Camp Austin 13
Good Product Manager, Bad Product Manager - Product Camp Austin 13Good Product Manager, Bad Product Manager - Product Camp Austin 13
Good Product Manager, Bad Product Manager - Product Camp Austin 13CompellingPM
 
How to Achieve Business Success at WCIT 2014: Ten Keys to Creating and Marke...
How to Achieve Business Success at WCIT 2014:  Ten Keys to Creating and Marke...How to Achieve Business Success at WCIT 2014:  Ten Keys to Creating and Marke...
How to Achieve Business Success at WCIT 2014: Ten Keys to Creating and Marke...CompellingPM
 
All of the Responsibility, But No Authority: Get Over It and Lead
All of the Responsibility, But No Authority:  Get Over It and LeadAll of the Responsibility, But No Authority:  Get Over It and Lead
All of the Responsibility, But No Authority: Get Over It and LeadCompellingPM
 
What is a Go-to-Market Strategy & How to Create One
What is a Go-to-Market Strategy & How to Create OneWhat is a Go-to-Market Strategy & How to Create One
What is a Go-to-Market Strategy & How to Create OneCompellingPM
 
Cómo crear productos que no sean una porqueria feb 28 2013
Cómo crear productos que no sean una porqueria   feb 28 2013Cómo crear productos que no sean una porqueria   feb 28 2013
Cómo crear productos que no sean una porqueria feb 28 2013CompellingPM
 
Put a Little Love in Your Product - Discover How Great Products Evoke Emotion...
Put a Little Love in Your Product - Discover How Great Products Evoke Emotion...Put a Little Love in Your Product - Discover How Great Products Evoke Emotion...
Put a Little Love in Your Product - Discover How Great Products Evoke Emotion...CompellingPM
 
Product Management & The Holy Grail (PCA9)
Product Management & The Holy Grail (PCA9)Product Management & The Holy Grail (PCA9)
Product Management & The Holy Grail (PCA9)CompellingPM
 
Going Beyond Innovation: How Companies Must Use "Market-Driven" Principles to...
Going Beyond Innovation: How Companies Must Use "Market-Driven" Principles to...Going Beyond Innovation: How Companies Must Use "Market-Driven" Principles to...
Going Beyond Innovation: How Companies Must Use "Market-Driven" Principles to...CompellingPM
 
How to make products that don't suck ProductCamp DFW 2012
How to make products that don't suck ProductCamp DFW 2012How to make products that don't suck ProductCamp DFW 2012
How to make products that don't suck ProductCamp DFW 2012CompellingPM
 
How to make products that don't suck product camp st louis - apr 21 2012
How to make products that don't suck   product camp st louis - apr 21 2012How to make products that don't suck   product camp st louis - apr 21 2012
How to make products that don't suck product camp st louis - apr 21 2012CompellingPM
 
How to make products that don't suck - RISE Austin - Mar 30 2012
How to make products that don't suck -  RISE Austin -  Mar 30 2012How to make products that don't suck -  RISE Austin -  Mar 30 2012
How to make products that don't suck - RISE Austin - Mar 30 2012CompellingPM
 
24 key practices for creating and delivering globally competitive products & ...
24 key practices for creating and delivering globally competitive products & ...24 key practices for creating and delivering globally competitive products & ...
24 key practices for creating and delivering globally competitive products & ...CompellingPM
 

Más de CompellingPM (16)

How to Create Sales & Marketing Tools that Sales & Customers Will Actually Use
How to Create Sales & Marketing Tools that Sales & Customers Will Actually UseHow to Create Sales & Marketing Tools that Sales & Customers Will Actually Use
How to Create Sales & Marketing Tools that Sales & Customers Will Actually Use
 
The Strategic Role of Product Management & Product Marketing in Driving Produ...
The Strategic Role of Product Management & Product Marketing in Driving Produ...The Strategic Role of Product Management & Product Marketing in Driving Produ...
The Strategic Role of Product Management & Product Marketing in Driving Produ...
 
You Messaging Sucks, Now Let's Go Fix It! PCA14
You Messaging Sucks, Now Let's Go Fix It!   PCA14You Messaging Sucks, Now Let's Go Fix It!   PCA14
You Messaging Sucks, Now Let's Go Fix It! PCA14
 
Transforming Guadalajara Tech Companies for Global Export Success
Transforming Guadalajara Tech Companies for Global Export SuccessTransforming Guadalajara Tech Companies for Global Export Success
Transforming Guadalajara Tech Companies for Global Export Success
 
Good Product Manager, Bad Product Manager - Product Camp Austin 13
Good Product Manager, Bad Product Manager - Product Camp Austin 13Good Product Manager, Bad Product Manager - Product Camp Austin 13
Good Product Manager, Bad Product Manager - Product Camp Austin 13
 
How to Achieve Business Success at WCIT 2014: Ten Keys to Creating and Marke...
How to Achieve Business Success at WCIT 2014:  Ten Keys to Creating and Marke...How to Achieve Business Success at WCIT 2014:  Ten Keys to Creating and Marke...
How to Achieve Business Success at WCIT 2014: Ten Keys to Creating and Marke...
 
All of the Responsibility, But No Authority: Get Over It and Lead
All of the Responsibility, But No Authority:  Get Over It and LeadAll of the Responsibility, But No Authority:  Get Over It and Lead
All of the Responsibility, But No Authority: Get Over It and Lead
 
What is a Go-to-Market Strategy & How to Create One
What is a Go-to-Market Strategy & How to Create OneWhat is a Go-to-Market Strategy & How to Create One
What is a Go-to-Market Strategy & How to Create One
 
Cómo crear productos que no sean una porqueria feb 28 2013
Cómo crear productos que no sean una porqueria   feb 28 2013Cómo crear productos que no sean una porqueria   feb 28 2013
Cómo crear productos que no sean una porqueria feb 28 2013
 
Put a Little Love in Your Product - Discover How Great Products Evoke Emotion...
Put a Little Love in Your Product - Discover How Great Products Evoke Emotion...Put a Little Love in Your Product - Discover How Great Products Evoke Emotion...
Put a Little Love in Your Product - Discover How Great Products Evoke Emotion...
 
Product Management & The Holy Grail (PCA9)
Product Management & The Holy Grail (PCA9)Product Management & The Holy Grail (PCA9)
Product Management & The Holy Grail (PCA9)
 
Going Beyond Innovation: How Companies Must Use "Market-Driven" Principles to...
Going Beyond Innovation: How Companies Must Use "Market-Driven" Principles to...Going Beyond Innovation: How Companies Must Use "Market-Driven" Principles to...
Going Beyond Innovation: How Companies Must Use "Market-Driven" Principles to...
 
How to make products that don't suck ProductCamp DFW 2012
How to make products that don't suck ProductCamp DFW 2012How to make products that don't suck ProductCamp DFW 2012
How to make products that don't suck ProductCamp DFW 2012
 
How to make products that don't suck product camp st louis - apr 21 2012
How to make products that don't suck   product camp st louis - apr 21 2012How to make products that don't suck   product camp st louis - apr 21 2012
How to make products that don't suck product camp st louis - apr 21 2012
 
How to make products that don't suck - RISE Austin - Mar 30 2012
How to make products that don't suck -  RISE Austin -  Mar 30 2012How to make products that don't suck -  RISE Austin -  Mar 30 2012
How to make products that don't suck - RISE Austin - Mar 30 2012
 
24 key practices for creating and delivering globally competitive products & ...
24 key practices for creating and delivering globally competitive products & ...24 key practices for creating and delivering globally competitive products & ...
24 key practices for creating and delivering globally competitive products & ...
 

Último

Go for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptx
Go for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptxGo for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptx
Go for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptxRakhi Bazaar
 
1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdf1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdfShaun Heinrichs
 
1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdf1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdfShaun Heinrichs
 
Healthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare NewsletterHealthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare NewsletterJamesConcepcion7
 
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdf
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdfGUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdf
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdfDanny Diep To
 
Excvation Safety for safety officers reference
Excvation Safety for safety officers referenceExcvation Safety for safety officers reference
Excvation Safety for safety officers referencessuser2c065e
 
Introducing the Analogic framework for business planning applications
Introducing the Analogic framework for business planning applicationsIntroducing the Analogic framework for business planning applications
Introducing the Analogic framework for business planning applicationsKnowledgeSeed
 
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdfChris Skinner
 
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...Hector Del Castillo, CPM, CPMM
 
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...ssuserf63bd7
 
Planetary and Vedic Yagyas Bring Positive Impacts in Life
Planetary and Vedic Yagyas Bring Positive Impacts in LifePlanetary and Vedic Yagyas Bring Positive Impacts in Life
Planetary and Vedic Yagyas Bring Positive Impacts in LifeBhavana Pujan Kendra
 
digital marketing , introduction of digital marketing
digital marketing , introduction of digital marketingdigital marketing , introduction of digital marketing
digital marketing , introduction of digital marketingrajputmeenakshi733
 
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdftrending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdfMintel Group
 
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...Aggregage
 
WSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdfWSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdfJamesConcepcion7
 
Onemonitar Android Spy App Features: Explore Advanced Monitoring Capabilities
Onemonitar Android Spy App Features: Explore Advanced Monitoring CapabilitiesOnemonitar Android Spy App Features: Explore Advanced Monitoring Capabilities
Onemonitar Android Spy App Features: Explore Advanced Monitoring CapabilitiesOne Monitar
 
TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024Adnet Communications
 
PSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationPSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationAnamaria Contreras
 

Último (20)

Go for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptx
Go for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptxGo for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptx
Go for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptx
 
1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdf1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdf
 
1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdf1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdf
 
Healthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare NewsletterHealthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare Newsletter
 
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdf
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdfGUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdf
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdf
 
Excvation Safety for safety officers reference
Excvation Safety for safety officers referenceExcvation Safety for safety officers reference
Excvation Safety for safety officers reference
 
Introducing the Analogic framework for business planning applications
Introducing the Analogic framework for business planning applicationsIntroducing the Analogic framework for business planning applications
Introducing the Analogic framework for business planning applications
 
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
 
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
 
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
 
Planetary and Vedic Yagyas Bring Positive Impacts in Life
Planetary and Vedic Yagyas Bring Positive Impacts in LifePlanetary and Vedic Yagyas Bring Positive Impacts in Life
Planetary and Vedic Yagyas Bring Positive Impacts in Life
 
digital marketing , introduction of digital marketing
digital marketing , introduction of digital marketingdigital marketing , introduction of digital marketing
digital marketing , introduction of digital marketing
 
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdftrending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
 
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
 
WSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdfWSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdf
 
The Bizz Quiz-E-Summit-E-Cell-IITPatna.pptx
The Bizz Quiz-E-Summit-E-Cell-IITPatna.pptxThe Bizz Quiz-E-Summit-E-Cell-IITPatna.pptx
The Bizz Quiz-E-Summit-E-Cell-IITPatna.pptx
 
Onemonitar Android Spy App Features: Explore Advanced Monitoring Capabilities
Onemonitar Android Spy App Features: Explore Advanced Monitoring CapabilitiesOnemonitar Android Spy App Features: Explore Advanced Monitoring Capabilities
Onemonitar Android Spy App Features: Explore Advanced Monitoring Capabilities
 
TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024
 
PSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationPSCC - Capability Statement Presentation
PSCC - Capability Statement Presentation
 
WAM Corporate Presentation April 12 2024.pdf
WAM Corporate Presentation April 12 2024.pdfWAM Corporate Presentation April 12 2024.pdf
WAM Corporate Presentation April 12 2024.pdf
 

Going From Messaging Nightmare to Messaging Delight, How to Create a Powerful Messaging Platform

  • 1. Going from Messaging Nightmare to Messaging Delight - How to Create a Powerful Messaging Platform Tom Evans CompellingPM @compellingpm Copyright 2013. The Lûcrum Group, Inc. 1
  • 2. Poll Question 1 Does your company have a standard/structured approach to creating a marketing messages? a) Yes, all new product marketing initiatives start with a standard messaging platform. b) Sometimes we create a messaging platform, but this is not a standard. c) No, we never create a messaging platform. Copyright 2013. The Lûcrum Group, Inc. 2
  • 3. Without a Messaging Platform • Market facing personnel each have their unique set of messages they use • Product marketing is constantly putting out fires and rushing to create messages on short notice • Marketing creates messages with no input from the product team • Marketing and sales tools fail to motivate target buyers Confusion in the market place! Copyright 2013. The Lûcrum Group, Inc. 3
  • 4. What is a Messaging Platform? A Messaging Platform serves as a reference to all “market-facing” personnel in your organization to ensure consistency & accuracy of messaging for your product (or company). Copyright 2013. The Lûcrum Group, Inc. 4
  • 5. Poll Question 2 What is the most important starting point for a messaging platform ? a) Selecting the most critical product features to communicate b) Feedback from the sales team on what messages work the best c) Product positioning d) Alignment with senior executives Copyright 2013. The Lûcrum Group, Inc. 5
  • 6. Copyright 2013. The Lûcrum Group, Inc. 6
  • 7. Messaging Platform Structure Positioning Key Messages / w Evidence Tagline Talk Track Product Descriptions FAQs Copyright 2013. The Lûcrum Group, Inc. 7
  • 8. Guides All Other Tools & Programs MessagingPlatform Marketing & Sales Tools Marketing Campaigns Public Relations Product Demos Copyright 2013. The Lûcrum Group, Inc. 8
  • 9. Messaging Platform Structure Positioning Key Messages / w Evidence Tagline Talk Track Product Descriptions FAQs Copyright 2013. The Lûcrum Group, Inc. 9
  • 10. Positioning Decisions 1. Target Market(s) 2. Key Problems Solved 3. Most Important Value Proposition – What we do for our customers 4. Key Points of Differentiation – Why us Copyright 2013. The Lûcrum Group, Inc.
  • 11. Target Markets • Messages must resonate with target audience – Corollary: it will not (& shouldn’t) resonate with all • Key Personas – Buyers, Influencers, Users – What do they care about – What language do they use – Typical profile/characteristics Copyright 2013. The Lûcrum Group, Inc.
  • 12. Key Problems Solved • What are the buyers motivations (per buyer persona)? – Need, pain, goal, challenge, ideals – Personal & business – Articulated & unarticulated – What do they need to know to make a decision – How will they evaluate & use your product? Copyright 2013. The Lûcrum Group, Inc.
  • 13. Value Proposition • What we do for you! • Benefits & value your customer will realize from purchase and use of your product • Relative to customer’s other viable alternatives • Sources of value: – Reference customers, industry expertise, internal processes, partnerships, innovation, IP, delivery methods, geography, social, business model, personnel, features, guarantees, brand promise, core competencies, etc. – Speaking to your customers Copyright 2013. The Lûcrum Group, Inc.
  • 14. Differentiation • Why us! • What makes your product stand out • Meaningful value to the customer • Sources of differentiation: – Reference customers, industry expertise, internal processes, partnerships, innovation, IP, delivery methods, geography, social, business model, personnel, features, guarantees, brand promise, core competencies, etc. – Speaking to your customers Copyright 2013. The Lûcrum Group, Inc.
  • 15. Positioning Statement • For [target end user] • Who wants/needs [compelling reason to buy] • The [product name] is a [product category] • That provides [key benefit]. • Unlike [main competitor (s)], • The [product name] [key differentiation] Copyright 2013. The Lûcrum Group, Inc. Adapted from: Geoffrey Moore - Crossing the Chasm
  • 16. Messaging Platform Structure Positioning Key Messages / w Evidence Tagline Talk Track Product Descriptions FAQs Copyright 2013. The Lûcrum Group, Inc. 16
  • 17. Key Messages • Per target buyer persona • 2 to 4 messages per persona • In customer’s language – Avoid meaningless words – Not advertising language • Support positioning Copyright 2013. The Lûcrum Group, Inc.
  • 18. Messages Are Benefit Statements • Too many market messages are about features or technology • Changing to benefits – Why is a feature important (so what?) – What does it mean to the customer – Use “So That” • Example – 4 inch Retina display – “So that” you can view photo quality images and still use it effectively with one hand Copyright 2013. The Lûcrum Group, Inc. 18
  • 19. Message Alignment Strategic Increase plant profitability Get new customers / Gain market share Increase customer loyalty Managerial Reduce maintenance costs Responsive to customer orders Focus staff on higher value activities Reduce staffing costs Operational Reduce Process Upsets Reduce Time to handle process upsets Faster transitions between grades More time for process improvement Copyright 2013. The Lûcrum Group, Inc. 19
  • 20. Supporting Evidence • You stated a message, but why should someone believe the message? – Reason to believe • 2 to 4 points of evidence per message • Sources – Customer testimonials, unbiased testing, distinguishing features, third party validation, facts & statistics, etc. Copyright 2013. The Lûcrum Group, Inc. 20
  • 21. Exercise Product Name: SmartCredit Target Market Small to Medium Size Credit Card Issuers VP of Cards  Must grow total outstanding balances from a reduced number of prospects  Looking for promotion to top executive in cards or other line of business  Wants to avoid all potential confrontation with Feds over marketing tactics  Middle age, male, MBA, full career in credit card services Key Problems Solved Risk management platform  Must grow portfolio size while maintaining portfolio risk.  Must profitably compete against the top 10 card issuers for new cardholders.  Low capital investment (can’t afford multi-million dollar investment) Value Proposition • Compete cost effectively and take market share from top 10 competitors • Profitably grow outstanding balances without increasing delinquencies and write-offs Differentiation • No capital investment and quick implementation (less than 3 months). Key Messages • Achieves the same risk management power that the large competitors have. • Delivered as a service with no custom development and capital investment. • Allows you to quickly adapt new risk management strategies as market conditions change Evidence • Bank X increased portfolio size by 25% while reducing delinquencies by 10% • No software to install, monthly subscription fees • Bank Y was able to create and test new risk management strategies in less than a week (v. 3 months with traditional systems) • Bank Z was operational within 4 months of contract (v 18 months with major competitor) Copyright 2013. The Lûcrum Group, Inc.
  • 22. Poll Question 3 Who in your organization is responsible for defining the market messages? – Marketing Communications – Executive Management – Product Management – Product Marketing – Everyone – No One Copyright 2013. The Lûcrum Group, Inc. 22
  • 23. Messaging Platform Structure Positioning Key Messages Tagline Talk Track Product Descriptions FAQs Copyright 2013. The Lûcrum Group, Inc. 23
  • 24. Tagline • Succinctly communicates the essence of your brand promise in a memorable way • Creates a first impression • No Tagline is better than a bad Tagline • Memorable taglines – Just Do It – Because so much is riding on your tires – 1000 songs in your pocket Copyright 2013. The Lûcrum Group, Inc. 24
  • 25. Talk Track • Guides the initial conversation • Leads to a longer conversation (sales call/presentation) Copyright 2013. The Lûcrum Group, Inc. 25
  • 26. Developing Talk Track 1. Sales Opener (Elevator Speech) - 30 seconds to get attention – What your company/product does – Key problem addressed for that target market – Key benefits received 2. Talking Points - another 2 minutes to lead to longer discussion – Brief statement on how you do that – Communicate key benefits (aligned with key messages) – Provide evidence (case study, testimonial) – Create a vision of success for them – Ask for longer conversation Copyright 2013. The Lûcrum Group, Inc. 26
  • 27. Product Description • Boiler plate product description • Various lengths – 50, 100, 150, 200, 250 words • Use in press releases, news articles, SEO, tradeshows, etc. Copyright 2013. The Lûcrum Group, Inc. 27
  • 28. FAQS • Answers most common questions from prospects/customers/press • Can address questions on competition • Keeps “market facing” personnel on message Copyright 2013. The Lûcrum Group, Inc. 28
  • 29. Summary • Messaging platform ensures consistency of message. • Must be owned by Product Marketing (or Product Management) • Key element to feed all other marketing facing tools and programs • Validate with your target markets Copyright 2013. The Lûcrum Group, Inc. 29
  • 30. My Next Webinar What is a Go-To-Market Strategy Anyway & How Do I Create One? TBD http://www.aipmm.com/aipmm_webinars Copyright 2013. The Lûcrum Group, Inc. 30
  • 31. Upcoming Training • Optimal Product Management & Product Marketing – Sep 5 – 7 (Mexico City) – Sep 9 – 11 (Austin) – Oct 14 – 16 (Dallas) • AIPMM Certifications – Nov 5 – 6 (CPM – Austin) – Nov 7 – 8 (CPMM – Austin) More dates/locations - www.280group.com Copyright 2013. The Lûcrum Group, Inc. 31
  • 32. Free 1 Hour PM/PMM Consult • First ten to submit information on form • http://compellingpm.com/freeonehour/ • Please include background on topic or issue • Must include company info (no Gmail) Copyright 2013. The Lûcrum Group, Inc. 32