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Bram Warshafsky Partner, 5Crowd @5CrowdTO How to marry product with service

How to Marry Product with Service

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Page 1: How to Marry Product with Service

Bram WarshafskyPartner, 5Crowd

@5CrowdTO

How to marry product with

service

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Hello!

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We provide marketing production services to

Fortune 500 companies

Video & AudioGraphic Design & Photography

Copywriting & Translation Admin & Niche Skills

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We’re fortunate to service a growing list of awesome clients!

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But we have no creative or production folks on staff.

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We work with freelance professionals in over +150 cities

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We’re enabled by our platform, built on great technology

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Our team has worked at product and service companies like

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How to marry product with service

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Agenda

1. Add service to your product

2. Add product to your service

3. So what?

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The Service Product Continuum

Service as a Product

A service delivered through a product 

experience

Product

Value is in something you can point to and 

hold onto to

Service

Value is intangible and instantly perishable

A product delivered through a service 

experience

Product as a Service

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Add service to your product

1

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Combining service with your product creates a lot more value

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Bridging the gap to enterprise with service

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Helping customers get the most out of the product with service

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Making the complex simple with service

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Extending reach and building communities with service

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Making product partners more successful with service

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Making your products more accessible with service

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Add product to your service

2

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Product teaches you how to execute well

Waterfall Agile Lean

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Product teaches you how to say “no”

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Product teaches you what a computer can do

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Product teaches you how to get and take feedback well

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First UsersCash Flow Marketing & Sales Capabilities

Shared ResourcesIndustry Exposure Business Case

Service companies are poised to build great products

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“We had done 50 games before Angry Birds.”

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“Our first product came from a need: managing multiple social accounts.”

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“Do you have brand guidelines I can take a look at?”

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“One of the most common types of advice we give at YCombinator is to

do things that don't scale.”

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“How would you like to be paid?”

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“When am I getting paid for this project?”

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“You should take extraordinary

measures not just to acquire users, but also to make

them happy.”

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Quirky Holiday Emails

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“Users don’t really exist. People exist and sometimes they are users.”

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The Freelancer Spotlight Project

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So what?

3

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Digital marketing is hard when everyone is a publisher and

distribution is free

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Curation + faster news cycle: Only the top 1% is seen

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Products enrich content

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“I love it… just show me the numbers!”

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Some famous side projects

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“The precursor to Asana was a task manager I built at

Facebook”

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It’s easier than ever to build products!

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Quick Recap

1. Marrying product with service can create a lot more value

2. Service companies are poised to build great products

3. There has never been a better time for Digital Marketers to build products

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blog.5crowd.com

Say hello…

@[email protected]