25
Explore | Conceptualise | Deliver This workbook aims to assist those who are taking a new, or refined, proposition to market. Get Go-to-Market Ready

The Observer Effect - Get Go-To-Market Ready

Embed Size (px)

DESCRIPTION

This workbook aims to assist those who are taking a new, or refined, proposition to market.

Citation preview

Page 1: The Observer Effect - Get Go-To-Market Ready

Explore | Conceptualise | Deliver

This workbook aims to assist those who are taking a new, or refined, proposition to market.

Get Go-to-Market Ready

Page 2: The Observer Effect - Get Go-To-Market Ready

Explore | Conceptualise | Deliver

The following slides and exercises highlight key aspects of the GTM working session run by the Observer Effect.

It can be used as a standalone template to support organisations with their GTM planning and execution.

Page 3: The Observer Effect - Get Go-To-Market Ready

What is a go-to-market strategy?

A go-to-market strategy or GTM, encompasses marketing strategy, and refers to the plans that are conceptualised, developed and tested in order to launch a new or refined proposition successfully to market.

Explore | Conceptualise | Deliver

Page 4: The Observer Effect - Get Go-To-Market Ready

What is your proposition - what are you selling?

In two lines describe your product/service.

Explore | Conceptualise | Deliver

Page 5: The Observer Effect - Get Go-To-Market Ready

Explore | Conceptualise | Deliver

Define it’s unique benefits

Features Benefits

Page 6: The Observer Effect - Get Go-To-Market Ready

Explore | Conceptualise | Deliver

What part of the solution are you providing?

Service Core Proposition

● What is the whole solution to the end user?

● What portion of the solution can you deliver?

● Are partners readily available to deliver the whole solution?

Page 7: The Observer Effect - Get Go-To-Market Ready

Explore | Conceptualise | Deliver

Page 8: The Observer Effect - Get Go-To-Market Ready

Explore | Conceptualise | Deliver

Who are your audience?

Page 9: The Observer Effect - Get Go-To-Market Ready

Explore | Conceptualise | Deliver

Needs vs BenefitsHighlight your area - and that of your main competitor(s)

Page 10: The Observer Effect - Get Go-To-Market Ready

Refine your Audience

Go beyond benefit fit and perceived value

Explore | Conceptualise | Deliver

Page 11: The Observer Effect - Get Go-To-Market Ready

See it from their Perspective

Page 12: The Observer Effect - Get Go-To-Market Ready

Explore | Conceptualise | Deliver

Rational vs EmotionalHow will your audience perceive your proposition - where do your target groups sit on the risk vs reward line?

Page 13: The Observer Effect - Get Go-To-Market Ready

Explore | Conceptualise | Deliver

If a rational decision what factor do they most care about?

Page 14: The Observer Effect - Get Go-To-Market Ready

What will they feel?

Explore | Conceptualise | Deliver

Through our experience and research The Observer Effect have identified 8 key emotions - our belief is that all propositions should allow people to feel at least 2 of them - from the outset.

● Supported● Empowered● Rewarded● Intrigued● Informed● Assured● Understood● Surprised

Page 15: The Observer Effect - Get Go-To-Market Ready

Explore | Conceptualise | Deliver

People will forget what you said, people will forget what you did but people will never forget, how you made them feel.

Maya Angelou

Page 16: The Observer Effect - Get Go-To-Market Ready

Explore | Conceptualise | Deliver

Getting the message right

Page 17: The Observer Effect - Get Go-To-Market Ready

Explore | Conceptualise | Deliver

Bringing it to life

Page 18: The Observer Effect - Get Go-To-Market Ready

Big ideas - matter

With consumers transient and competitors nimble, companies, established or launching, need to do more than feed the marketing machine with self-promoting, product-benefit led messages.

Explore | Conceptualise | Deliver

Page 19: The Observer Effect - Get Go-To-Market Ready

Promoting your message

- Define the message you will put through ‘owned’ and ‘paid’ media

- Explore partnership strategies

- Establish how you will ‘earn’ coverage - via audience recommendation, referral and advocacy incentives

- Is there opportunity to undertake unconventional (disruptive) strategies to create buzz

Explore | Conceptualise | Deliver

How will your audience hear about you?

● Where will they be looking● What channels do you have

available ● What message do you need

to focus on● What will they feel during

and after ‘the sell’● What integration

opportunities exist● What are your targets - over

what period

Page 20: The Observer Effect - Get Go-To-Market Ready

Explore | Conceptualise | Deliver

Getting out there - Beachhead Strategy

Page 21: The Observer Effect - Get Go-To-Market Ready

Explore | Conceptualise | Deliver

Page 22: The Observer Effect - Get Go-To-Market Ready

Be obtainable

Level of motivation and ability determines if action will occur.

Make engaging with your audience as simple and as seamless as possible - avoid any nonessential barriers to buy.

Explore | Conceptualise | Deliver

Source: DR B.Fogg, Stanford University

Page 23: The Observer Effect - Get Go-To-Market Ready

Customer experience

Can you apply a persuasive technique to your approach to create a great experience and generate the emotive reaction you need?

The Art of Persuasion

● Reciprocity● Scarcity● Authority● Consistency● Liking● Consensus

Explore | Conceptualise | Deliver

The Psychology of Selling

Whether you’re designing, developing or delivering products there’s no doubt – you will become more attractive if you open your own mind and see things differently.

To understand how to apply these tried and tested techniques to your strategy read our White Paper.

Page 24: The Observer Effect - Get Go-To-Market Ready

Explore | Conceptualise | Deliver

Your GTM Checklist:

● Elevator pitch ● Headline benefits● Ideal audience criteria● Value proposition● Revenue forecast● Marketing budget● Profitability forecast● Add on products/service offers● Proof of value creation● Marcomms plan● Customer relations plan● Sales channel plan

Page 25: The Observer Effect - Get Go-To-Market Ready

The Observer Effect

Is a quantum theory which concludes that just by observing, an observer can change the very thing they’re looking at.

It suggests that the impact on an object’s surrounding environment leads to a reaction and change in behaviour by that object.

Our own approach and methodology centres on this theory, changing perceptions and subsequent interactions through the power of external observation.

Explore | Conceptualise | Deliver