Archives for posts with tag: Product

I was recommended to listen to a podcast the other day by a customer’s CEO. It was from the series Anatomy of a Strategy. The link to the podcast, which is well worth listening to if your business is content, is here.

In the podcast, Alex Hillman draws the difference between thinking of a blog post as ‘just a blog post’, a piece of ‘throwaway’ content, and viewing it as small product, in fact a ‘tiny free product that delivers value’. From here you can then deliver content which works up to your own paid product which delivers even more value.

This is, of course, correct and I agree with it. It treats a single piece of content as part of a process, or a strategy to build your customers.

It did, however, get me thinking about my own blog posting, since I’ve done several hundred of them at this stage. I seem to be not practising what I preach. My posts are often throwaway and often do not lead to a more engaged conversation on the topic or on what I do for a living.

Then again, you have to think about the end goal for me. I get most of my business from my network and profile within that network, but blogging is not about building my business. It’s about the joy and discipline of writing. And at its root it’s also about process.

So, while I agree that each blog post is indeed a product of Paul Dilger inc, a mini-destination if you like, it’s also a small journey for me.

 

 

The product lifecycle can be a complicated beast and varies significantly within industries and regions. Not only that, the roles of people in an organisation who either contribute to or manage the product launch can differ quite markedly too. So, with that preamble done, am I drowning a whole series of process-forming posts before I’ve even started?

Not really, no. While job titles and jobs may vary, there are still some generalities and best practices that work for companies selling stuff – products or services – to other companies.

I see 7 broad stages to the B2B product launch process, and I’ll devote my usual post length – long enough to get your attention but not so long as to distract you from other priorities – to each one of them.

People have written 250-page books on managing the product launch. Then again, they’ve done the same for the B2B marketing process, sales cycle, and customer buying cycle, which are other B2B topics that I have addressed before with a total seriesĀ length that wouldn’t stretch to a chapter.

But these aren’t text books. They’re the distilled experiences of mistakes I’ve made, lessons I’ve learned and the wisdom of people greater than I. I hope you enjoy them.

The one thing you need for a successful business is this (no drum roll necessary) …

Product/Market Fit.

You’d be surprised – actually you might not be surprised at all – how many product-based companies don’t have it, or can’t get it.

Product/Market Fit is this, put simply: people want your stuff. A lot of people. In fact, they don’t simply want your stuff, they need your stuff, and a good number of them would be up the creek without a paddle if you took it away from them.

You need Product/Market Fit for your business to grow, and people won’t invest in your business unless you can demonstrate you have it. Conversely, if you’re looking to join a successful company, and this is perhaps the most obvious thing you’ll read this month, join the one that you’re sure is shifting product.

If there’s no market for what you sell, or plan to sell, there’s no business for you. Too many companies find this out too late, usually after they’ve built their product. “Now, who can I sell this to?” In other words, do the marketing first, not afterwards.