Assessing New Markets Pragmatic Live Version4

download Assessing New Markets Pragmatic Live Version4

of 34

Transcript of Assessing New Markets Pragmatic Live Version4

  • 7/26/2019 Assessing New Markets Pragmatic Live Version4

    1/34

    !""#""$%& (%) *#+#,-$%

    .#/ 0(12#- 34451-6%$-$

    7" -8(- %#/ 9(12#- "#&9#%- 1$&8- :51 ;561(&9(-$, 0(12#-$%&

    Experts in technology product management and product marketing

    Specialize in training and coaching

    Trained hundreds of thousands of people at

    thousands of companies since 1993

  • 7/26/2019 Assessing New Markets Pragmatic Live Version4

    3/34

    !=56- -8# >1#"#%-#1"

    John Milburn

    Pragmatic Marketing instructor with 20+ years of experience in managing a

    hardware and software products A CSPO, his perspective and experiences from companies such as Lane 15

    IBM, Texas Instruments, Exxon, and Vtel add insight and real-world examplteaching

    Mike Smart

    Founder and managing principal at Egress Solutions, Inc., helping companiAdobe, Deluxe, K1 Capital, NetApp, Vista Equity Partners and others implePragmatic Marketing Framework

    25 years of high-technology industry experience in a variety of roles includinwith Pragmatic Marketing

  • 7/26/2019 Assessing New Markets Pragmatic Live Version4

    4/34

    *#&9#%-(-$5%

    Segment(n): one of the parts into which something naturallyseparates or is divided; a division, portion or sect

    Segment(v): to separate or divide into segments.

  • 7/26/2019 Assessing New Markets Pragmatic Live Version4

    5/34

    *#&9#%-(-$5%

    !"##$%%&"' )*+,$-./0 !-+*-$01

    Segment(n): one of the parts into which something naturallyseparates or is divided; a division, portion or sect

    Segment(v): to separate or divide into segments.

  • 7/26/2019 Assessing New Markets Pragmatic Live Version4

    6/34

    *#&9#%-(-$5%

    ! #$%&$'()(*+'

    !"##$%%&"' )*+,$-./0 !-+*-$01

    Segment(n): one of the parts into which something naturallyseparates or is divided; a division, portion or sect

    Segment(v): to separate or divide into segments.

  • 7/26/2019 Assessing New Markets Pragmatic Live Version4

    7/34

    *#&9#%-(-$5%

    ! #$%&$'()(*+'

    !"##$%%&"' )*+,$-./0 !-+*-$01

    ! ,+-$ .$%&$'()(*+'

    Segment(n): one of the parts into which something naturallyseparates or is divided; a division, portion or sect

    Segment(v): to separate or divide into segments.

  • 7/26/2019 Assessing New Markets Pragmatic Live Version4

    8/34

    0!?@AB

  • 7/26/2019 Assessing New Markets Pragmatic Live Version4

    9/34

    !,*//$''*)/.

    !0$()*/ %-+1$-2

    .3+44$-.

    !0$(*-$$.5 )%$ 678

    !9: ;*-$1(+-.

  • 7/26/2019 Assessing New Markets Pragmatic Live Version4

    10/34

    !,*//$''*)/.

    !0$()*/ %-+1$-2

    .3+44$-.

    !0$(*-$$.5 )%$ 678

    !9: ;*-$1(+-.

    -+4$

    !9';*)') .&)//

    (+?'.

    !@)(*' A&$-*1)

    !B3*')

    C$+%-)43*1

    0!?@AB

  • 7/26/2019 Assessing New Markets Pragmatic Live Version4

    11/34

    !,*//$''*)/.

    !0$()*/ %-+1$-2

    .3+44$-.

    !0$(*-$$.5 )%$ 678

    !9: ;*-$1(+-.

    -+4$

    !9';*)') .&)//

    (+?'.

    !@)(*' A&$-*1)

    !B3*')

    C$+%-)43*1

    !B+&4)-*.+'

    .3+44$-.

    !D-$E$- (+ ?+-F

    E-+& 3+&$

    !=1+'+&*1)//2

    1+'.$-G)(*G$

    !=1+/+%*1)//2

    1+'.1*+>.

    D.213+%-)43*1

    0!?@AB

  • 7/26/2019 Assessing New Markets Pragmatic Live Version4

    12/34

    !,*//$''*)/.

    !0$()*/ %-+1$-2

    .3+44$-.

    !0$(*-$$.5 )%$ 678

    !9: ;*-$1(+-.

    -+4$

    !9';*)') .&)//

    (+?'.

    !@)(*' A&$-*1)

    !B3*')

    C$+%-)43*1 D.213+%-)43*1

    !H$)/(31)

    !#$&*1+'

    &)'>E)1

    !0$()*/ ;*

    J$-

    0!?@AB

    !B+&4)-*.+'

    .3+44$-.

    !D-$E$- (+ ?+-F

    E-+& 3+&$

    !=1+'+&*1)//2

    1+'.$-G)(*G$

    !=1+/+%*1)//2

    1+'.1*+>.

  • 7/26/2019 Assessing New Markets Pragmatic Live Version4

    13/34

    >1(&9(-$,0(12#-$%&C1(9#/512

  • 7/26/2019 Assessing New Markets Pragmatic Live Version4

    14/34

    >1(&9(-$,0(12#-$%&C1(9#/512

  • 7/26/2019 Assessing New Markets Pragmatic Live Version4

    15/34

    *$&%$:$,(%- D8(++#%"

    !D+(1$:;$%&E /$-8 &1(%6+(1$-;

  • 7/26/2019 Assessing New Markets Pragmatic Live Version4

    16/34

    *$&%$:$,(%- D8(++#%"

    !

    F#--$%& -8# 1#(+ %69=#1"

    !D+(1$:;$%&E /$-8 &1(%6+(1$-;

  • 7/26/2019 Assessing New Markets Pragmatic Live Version4

    17/34

    *$&%$:$,(%- D8(++#%"

    !D5"- (%)1$"2 5: &15/-8

    !

    F#--$%& -8# 1#(+ %69=#1"

    !D+(1$:;$%&E /$-8 &1(%6+(1$-;

  • 7/26/2019 Assessing New Markets Pragmatic Live Version4

    18/34

    *$&%$:$,(%- D8(++#%"

    !>1$51$-$G$%& (%) 48("$%&

    !D5"- (%)1$"2 5: &15/-8

    !

    F#--$%& -8# 1#(+ %69=#1"

    !D+(1$:;$%&E /$-8 &1(%6+(1$-;

  • 7/26/2019 Assessing New Markets Pragmatic Live Version4

    19/34

    *$&%$:$,(%- D8(++#%"

    !Protecting our installed base

    !Prioritizing and phasing

    !Cost andrisk of growth

    !

    Getting the real numbers

    !Clarifying, with granularity

  • 7/26/2019 Assessing New Markets Pragmatic Live Version4

    20/34

    !""#""$%& .#/ 0(12#

    34451-6%$-$#"

    A Client Success Story

  • 7/26/2019 Assessing New Markets Pragmatic Live Version4

    21/34

    !""#""$%& .#/ 0(12#- 34451-6%$-$#"

    !Create uncontested market space

    ! Make competition irrelevant

    ! Create and capture new demand

    ! Break the value cost trade-off

  • 7/26/2019 Assessing New Markets Pragmatic Live Version4

    22/34

    *6,,#"" *-51;

    !"#$% '%"() *+"#,-#."/

    K

    K0+L)- #2.($&. *. ) 4.$>;+'2& E+- )' )1(>)/ E*-&M

    K0+L)- #2.($&. *. ) 4.$>;+'2& E+- )' )1(>)/ E*-&

  • 7/26/2019 Assessing New Markets Pragmatic Live Version4

    23/34

    *6,,#"" *-51;H ?5I(1

    :3$ B3)//$'%$

    !

    B-+?;$; 2*#,"3 */4 4*-* 3+5-$#-.5/&)-F$(.

    ! 0+L)- ?). ) .&)// 4/)2$- ?*(3 %*%)'(*1

    1+&4$(*(+-.

    ! N$? $'(-)'(. +EE$-$; 1+'.>&$- %-);$

    .+/>(*+'.5 $-+;*'% G)/>$ 4-+4+.*(*+' E+-

    #,O.

    ! B3)''$/ 4)-('$-. ?+' +' 4-*1$

    ;*EE$-$'(*)(*+'

  • 7/26/2019 Assessing New Markets Pragmatic Live Version4

    24/34

    *6,,#"" *-51;H ?5I(1

    The Challenge

    ! Roxar lacked an understanding of actual buyer and user behavior

    ! Roxars strength was in large-scale business-continuity solutions

    ! Cloud app backup market was early and very fragmented

    ! Roxar needed a quick path to the market

    ! Goal was to identify an emerging segment with high potential

    !0,

    1#+$#,

    -0""1

    #" )"

    ,*13)$

  • 7/26/2019 Assessing New Markets Pragmatic Live Version4

    25/34

    *6,,#"" *-51;H ?5I(1

    ! What job is the buyer or user trying to get done?

    ! What problems do we solve?

    ! How do buyers/users view this problem?

    ! What alternatives are available to them?

    !How are they likely to find or a solution?

    ! What are the specific use cases that apply?

    :P:A@AJA9@AO@=Q:A,R

    #=0J=1(,-$

    !""#""$%& (%) "#+#,-$%& %#/ 9(12#-" $" %5- ( ",$#%,#O

    7- $" (% (&&1#&(-$5% 5: :519(+ 1#"#(1,8E ,6"-59#1 )(-(E

    ,8(%%#+ 1#"#(1,8 "64451-#) =; :(,-P=("#) $%"$&8-O

    E)1(WI).$; *'.*%3(

    J8 - K$) B8 L N - > -$

  • 7/26/2019 Assessing New Markets Pragmatic Live Version4

    29/34

    J8(- K$) B8#; L#(1% M N#"- >1(,-$

    Product managers knowledge of buyers and uunique problems give them a decisive role in sevalidating the market opportunities.

    $L4$-*$'(*)/ F'+?/$;%$

    J8 - K$) B8 L N - > -$

  • 7/26/2019 Assessing New Markets Pragmatic Live Version4

    30/34

    J8(- K$) B8#; L#(1% M N#"- >1(,-$,#

    ! 8$&8 +#Q#+ 5: 41#,$"$5% $" %5- 45""$=+# (- -8$" "-(E %51 $" $- )#"$1(=+#O

    D599$- -5 +#(% 41$%,$4+#"M9$""-#4" (1# $%#Q$-(=+#R =# /$++$%& -5 4$Q5- S6

    -$&)*' E/$L*I/$

    J8 - K$) B8 L N - > -$

  • 7/26/2019 Assessing New Markets Pragmatic Live Version4

    31/34

    J8(- K$) B8#; L#(1% M N#"- >1(,-$,#

    The more granular we are in segmentation, the gopportunity to seize significant market share.

    %-)'>/)- .$%&$'()(*+'

    !))$-$ + ?

  • 7/26/2019 Assessing New Markets Pragmatic Live Version4

    32/34

    !))$-$5%(+ ?#"561,#"

    D5%-(,-"

  • 7/26/2019 Assessing New Markets Pragmatic Live Version4

    33/34

    D5%-(,-"

    John Milburn | [email protected]

    Mike Smart | [email protected]

    Rebecca Kalogeris | [email protected] | @prag

  • 7/26/2019 Assessing New Markets Pragmatic Live Version4

    34/34

    Download this webinar and sign up for more at pragmaticmarketing.com/live

    Thank you

    for attending!

    Next months webinar featurin

    Program Effectiven