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Karthik Ramaswamy
TONIGHT’S SPEAKER
@ProductEvents
A High-Level Overview of
Go-to-Market Strategy
for Product Managers
Karthik Ramaswamy
kramaswa@chicagobooth.edu
Product Manager and Go-To-Market: Karthik Ramaswamy 10
Who Am I?
Education:
• MBA (University of Chicago Booth School of Business)
• Masters in Electrical Engineering (University of Missouri- Rolla)
Experience:
• Senior Product Manager at IBM Cloud
• Senior Product Manager at IBM Watson Health
• Strategy Consulting at IBM GBS
• Product Development at Intel, Motorola
Personal:
• Born and grew up in an Indian Airforce Family
• Two Daughters
• Love playing Piano
Product Manager and Go-To-Market: Karthik Ramaswamy 11
Why Am I here?
Bringing Product to Market
Product Manager and Go-To-Market: Karthik Ramaswamy 12
PM
Responsibility
Define
Strategy
Portfolio
&
Business
Case
Build
&
Deliver
Market
&
Measure
Perf.
WHICH STEP IS THE MOST IMPORTANT?
Product Manager and Go-To-Market: Karthik Ramaswamy 13
ALL OF THEM
WHICH STEP IS THE EASIEST?
Product Manager and Go-To-Market: Karthik Ramaswamy 14
BUILD AND DELIVER
STEP LEAST PAID ATTENTION?
Product Manager and Go-To-Market: Karthik Ramaswamy 15
MARKET & MEASURE
PERFORMANCE
GTM: EVERYTHINGS COMES TOGETEHR
Product Manager and Go-To-Market: Karthik Ramaswamy 16
GO-TO-MARKET
SEGMENT BUYER COMPETITION VALUE PROP
1 2 3 4
POSITIONING MESSAGING/ CHANNEL
WHAT IS AVAILABLE FOR GTM?
Product Manager and Go-To-Market: Karthik Ramaswamy 17
GO-TO-MARKET
SEGMENT BUYER COMPETITION VALUE PROP
1 2 3 4
POSITIONING MESSAGING/ CHANNEL
THINK GTM EARLY
Product Manager and Go-To-Market: Karthik Ramaswamy 18
THINK GTM ALL
STEPS
Define
Strategy
Portfolio
&
Business
Case
Build
&
Deliver
Market
&
Measure
Perf.
BUYING STAGES
Product Manager and Go-To-Market: Karthik Ramaswamy 19
WHAT
WHERE
Discove
r
Explor
e
Tria
l
Bu
y
Use Advocat
e
HOW
Make Buyer
aware
Curious to
Learn more
Place In/Out
bound
Associate
with
Need
Move to
Explore
Details of
the product
Why should
you buy
ours?
Still Unsure
easy to Try or
Buy
Easy
access to
Try
Features to
Highlight
Solution
Stay in
Touch
Optimum
Channel
Total
Price
Easy to
Start Using
Preferred
Place of Use
Information
to Use
Stay in
Touch to
Learn
Medium to
Advocate
Awareness of
Features/
Usecases
Maintain
Relationship
Make it easy to
learn why we can
help and to try
product
Trailer to
Show Value
Easy to Buy Ensure
Product is
Used
Seek and Make
valuable to
Refer
Example Filled Out (B2B Software)
Product Manager and Go-To-Market: Karthik Ramaswamy 20
WHAT
WHERE
Discove
r
Explor
e
Tria
l
Bu
y
Use Advocat
e
HOW
Google
Search
Key
Words
Top of
Search
Digital
Channel
Features
meets
Needs
Download
A Trial
Version
Desktop
Work As
Advertised
Prompt to
Buy 30
Days
Sales
Associate
Price/
Contract
Free
Training
Email Link
Training
Customer
Service
Social
Media
Features/
Value
Maintain
Relationship
IMPACT ON PRODUCT
Product Manager and Go-To-Market: Karthik Ramaswamy 21
Discove
r
Explor
e
Tria
l
Bu
y
Use Advocat
e
Name of the
Product
• Roadmap
• Features
Functionality
• Product
Bundles/
Integration
• Pricing
• Licensing
• Architecture
• Pricing
• How to
deliver
product
• Licensing
Bundles
• Product
Help
• Training
• UX/
Userflow
Feedback
GTM COMPLEXITIES
Product Manager and Go-To-Market: Karthik Ramaswamy 22
Channels Information Competition KPI’s
• What channels are my
buyers preferred
channel?
• What channels should I
use for each of the
channel that I have at
my disposal?
• How much should I
spend on each channel
and what is the return
on engagement through
each of the identified
channel?
• What are my buyer
persona and how does it
change by
industry/type?
• How do I personalize the
information for each
customer at each stage
of buyers journey so that
my return on
engagement is high?
• What information would
be important to provide
about our product to
each customer?
• How does our buyer
journey stack up against
competition?
• What features/
functionalities are
highlighted by
competition?
• What is the competition
talking about us?
• What competitive
information should we
highlight and who’s?
• What KPI’s should I
track?
• What are the
benchmarks for these
KPI’s?
• Should I just change my
KPI’s?
• What KPI’s do I need to
track per channel?
Questions
Product Manager and Go-To-Market: Karthik Ramaswamy 23
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How to Ace the Go to Market Strategy for your Product by IBM PM

  • 1. www.productschool.com How to Ace the Go to Market Strategy for your Product by IBM PM
  • 2. FREE INVITE Join 30,000+ Product Managers on
  • 3. COURSES Product Management Learn the skills you need to land a product manager job
  • 4. COURSES Coding for Managers Build a website and gain the technical knowledge to lead software engineers
  • 5. COURSES Data Analytics for Managers Learn the skills to understand web analytics, SQL and machine learning concepts
  • 6. COURSES Digital Marketing for Managers Learn how to acquire more users and convert them into clients
  • 7. COURSES Blockchain for Managers Learn how to trade cryptocurrencies and build products using the blockchain
  • 9. A High-Level Overview of Go-to-Market Strategy for Product Managers Karthik Ramaswamy kramaswa@chicagobooth.edu
  • 10. Product Manager and Go-To-Market: Karthik Ramaswamy 10 Who Am I? Education: • MBA (University of Chicago Booth School of Business) • Masters in Electrical Engineering (University of Missouri- Rolla) Experience: • Senior Product Manager at IBM Cloud • Senior Product Manager at IBM Watson Health • Strategy Consulting at IBM GBS • Product Development at Intel, Motorola Personal: • Born and grew up in an Indian Airforce Family • Two Daughters • Love playing Piano
  • 11. Product Manager and Go-To-Market: Karthik Ramaswamy 11 Why Am I here?
  • 12. Bringing Product to Market Product Manager and Go-To-Market: Karthik Ramaswamy 12 PM Responsibility Define Strategy Portfolio & Business Case Build & Deliver Market & Measure Perf.
  • 13. WHICH STEP IS THE MOST IMPORTANT? Product Manager and Go-To-Market: Karthik Ramaswamy 13 ALL OF THEM
  • 14. WHICH STEP IS THE EASIEST? Product Manager and Go-To-Market: Karthik Ramaswamy 14 BUILD AND DELIVER
  • 15. STEP LEAST PAID ATTENTION? Product Manager and Go-To-Market: Karthik Ramaswamy 15 MARKET & MEASURE PERFORMANCE
  • 16. GTM: EVERYTHINGS COMES TOGETEHR Product Manager and Go-To-Market: Karthik Ramaswamy 16 GO-TO-MARKET SEGMENT BUYER COMPETITION VALUE PROP 1 2 3 4 POSITIONING MESSAGING/ CHANNEL
  • 17. WHAT IS AVAILABLE FOR GTM? Product Manager and Go-To-Market: Karthik Ramaswamy 17 GO-TO-MARKET SEGMENT BUYER COMPETITION VALUE PROP 1 2 3 4 POSITIONING MESSAGING/ CHANNEL
  • 18. THINK GTM EARLY Product Manager and Go-To-Market: Karthik Ramaswamy 18 THINK GTM ALL STEPS Define Strategy Portfolio & Business Case Build & Deliver Market & Measure Perf.
  • 19. BUYING STAGES Product Manager and Go-To-Market: Karthik Ramaswamy 19 WHAT WHERE Discove r Explor e Tria l Bu y Use Advocat e HOW Make Buyer aware Curious to Learn more Place In/Out bound Associate with Need Move to Explore Details of the product Why should you buy ours? Still Unsure easy to Try or Buy Easy access to Try Features to Highlight Solution Stay in Touch Optimum Channel Total Price Easy to Start Using Preferred Place of Use Information to Use Stay in Touch to Learn Medium to Advocate Awareness of Features/ Usecases Maintain Relationship Make it easy to learn why we can help and to try product Trailer to Show Value Easy to Buy Ensure Product is Used Seek and Make valuable to Refer
  • 20. Example Filled Out (B2B Software) Product Manager and Go-To-Market: Karthik Ramaswamy 20 WHAT WHERE Discove r Explor e Tria l Bu y Use Advocat e HOW Google Search Key Words Top of Search Digital Channel Features meets Needs Download A Trial Version Desktop Work As Advertised Prompt to Buy 30 Days Sales Associate Price/ Contract Free Training Email Link Training Customer Service Social Media Features/ Value Maintain Relationship
  • 21. IMPACT ON PRODUCT Product Manager and Go-To-Market: Karthik Ramaswamy 21 Discove r Explor e Tria l Bu y Use Advocat e Name of the Product • Roadmap • Features Functionality • Product Bundles/ Integration • Pricing • Licensing • Architecture • Pricing • How to deliver product • Licensing Bundles • Product Help • Training • UX/ Userflow Feedback
  • 22. GTM COMPLEXITIES Product Manager and Go-To-Market: Karthik Ramaswamy 22 Channels Information Competition KPI’s • What channels are my buyers preferred channel? • What channels should I use for each of the channel that I have at my disposal? • How much should I spend on each channel and what is the return on engagement through each of the identified channel? • What are my buyer persona and how does it change by industry/type? • How do I personalize the information for each customer at each stage of buyers journey so that my return on engagement is high? • What information would be important to provide about our product to each customer? • How does our buyer journey stack up against competition? • What features/ functionalities are highlighted by competition? • What is the competition talking about us? • What competitive information should we highlight and who’s? • What KPI’s should I track? • What are the benchmarks for these KPI’s? • Should I just change my KPI’s? • What KPI’s do I need to track per channel?
  • 23. Questions Product Manager and Go-To-Market: Karthik Ramaswamy 23
  • 24. www.productschool.com Part-time Product Management, Coding, Data, Digital Marketing and Blockchain courses in San Francisco, Silicon Valley, New York, Santa Monica, Los Angeles, Austin, Boston, Boulder, Chicago, Denver, Orange County, Seattle, Bellevue, Toronto, London and Online