April 23, 2024

Real Product Managers Don’t Do Selfies!

It’s a great honor for a new word to earn a definition in the Oxford Dictionary, but the greatest honor that any new word can achieve is to be named the “Oxford Dictionaries Word of the Year“.  In 2013, the word “selfie” achieved that honor via a 17,000% increase in usage from 2012.    It won over other recently popularized words such as “twerk” and “binge-watch”.   The Oxford definition for “selfie” is:

“A photograph that one has taken of oneself, typically one taken with a smart phone or webcam and uploaded to a social media website” ~ Oxford Dictionary

So what does all of this have to do with Product Managers (and Product Marketers)?  When it comes to managing a product, or defining the Go-to-Market strategy for a product, way too many Product Managers and Product Marketers are doing “selfies”.

Ways in Which Product Managers & Product Marketers Do Selfies

Here a just a few examples of how we as Product Managers & Product Marketers do selfies:

  1. We define features that we think are cool.
  2. We write market messages that tickle our ears.
  3. We give presentations to customers where we talk about how great our company and our products are.
  4. We sit around conference rooms talking about what we think our customers think (and never ask them).
  5. We use marketing programs and marketing media that we like to use or that is currently fashionable.
  6. We define User Experience (UX) that is flashy and uses the latest trendy technologies.  (BTW – I’m not endorsing that PMs should be doing UX)
  7. We give long product demos, feature-by-feature, making sure not to miss a single feature (and especially our pet features).

Selfies is a Sin of Marketing Narcissism

When we do selfies such as the examples described above, we are committing a sin of Marketing Narcissism.   Marketing Narcissism is doing marketing that is all about you, your company or your product.

I know, calling it a sin is pretty harsh, but what amazes me is, that within the Product Management community, the message is clear and loud that we must focus on the customer, understand their market needs, build products that solve those needs and communicate messages that resonate with the problems they have, but even with that clear understanding, over and over again, I see companies and Product Managers/Product Marketers who are regularly committing Marketing Narcissism.   Companies from start-up to Global 2000 do this on a regular basis.   Even trained Product Managers & Product Marketers do this.  Why? When will learn?

I’ve come to the conclusion that the reason we continually make this mistake is that Marketing Narcissism is easier to do.  Is is the path of least resistance.   It’s hard work to really understand our customers in depth, so instead of doing the hard work ,we take the easy and well-traveled path, which eventually leads to Product Management hell.

The Harder and Less-Traveled Path to Product Management Heaven

We cannot continue doing things the way we used to if we really want establish the Product Management and Product Marketing disciplines as the key strategic roles they are meant to be and make a significant impact on the success of our organization.   Here are some thoughts to help move in the right direction:

  • We must get our management teams and key internal constituents aligned to understand the importance of being market-driven so that we can break down that resistance to change.  I have seen over and over again where Product Management teams have committed to improving their practices and have been trained and established market-driven processes, but the resistance to change from other parts of the organization was so high, the initiative failed and everyone fell back into their old patterns of Marketing Narcissism.
  • We must commit to being students of the Product Management game so that we keep learning better ways to do our role better and self-correct ourselves as we remind ourselves of things of we know we should be doing, but either forgot or got to busy to do.
  • We must develop our Market Expertise.  We must develop a deep and “intimate” understanding of customers and markets to be successful in Product Management and Product Marketing.  Nothing creates greater credibility for you as a Product Manager or Product Marketer than being able to speak from the perspective of your customers using real market evidence.
  • And, anytime someone in your company wants you to commit Marketing Narcissism, Just Say No!!

I highly encourage all Product Managers and Product Marketers to make a new years resolution to spend more time in the market and to develop that deep understanding of their customer’s.  Wishing you all the best for 2014!!!

 

BTW – Real Product Managers don’t “twerk” either, but I’ll get to that another time.

Nothing Happens Until Someone Sells Something: Best Practices to Enabling Your Sales Channel to Effectively Sell Your Products

The following presentation is from my AIPMM webinar on Nov 1, 2013.

Too often, those of us in the product marketing role are not doing enough to help our sales team or sales channel be successful. Our typical approach to helping is to provide a new salesperson with some marketing collateral and a product presentation and then wish them luck as they look for prospects and try to close deals with anyone that listens. This approach is sufficient for the star salespeople as they intuitively know how to talk with the right potential buyers about their problems and then show these buyers how to solve these problems with their products or services. But unfortunately, this only represents about 20% of salespeople. The other 80% of sales people need more training and coaching to be successful and we as product marketers need to help them be successful. This is the process of “Sales Enablement”.

What happens when we don’t engage in the sales enablement process? Sales people pursue opportunities that don’t fit well with your solution, speak with the prospects that aren’t really decision makers, sell solutions that you don’t really have and the list can go on. But the overall resulting impact is wasted time and effort in pursuing the wrong opportunities, confusion in the market place and poor sales results.

How to Create Sales & Marketing Tools That Sales & Customers Will Actually Use

The following is my AIPMM webinar from Oct 4th, 2013.

According to the American Marketing Association (AMA), “Up to 90% of collateral created by marketing is never used by sales.” That is an astounding statistic which should be a wakeup call to those of us in Product Marketing that we need to be doing something different. Most of the time, sales doesn’t use our tools because the tools are ineffective, and the reasons for this include:

  • Too many companies create a standard checklist of marketing and sales tools based upon what someone used in a past company, without any consideration as to what is really needed in this company.
  •  Too much content is about the company and their products with little discussion about the buyers and users and what they need.

Keynote Address at ProductCamp Minneapolis 2013 – All of the Responsibility, But No Authority: Get Over It and Lead

I was honored with the invitation to deliver the keynote address at ProductCamp Minnesota on Oct 19, 2013.   I decided to leverage some of my earlier blog posts and present on Product Management Leadership.   I hope you enjoy my thoughts and appreciate your thoughts on the topic.

 

What is a Go-to-Market Strategy & How to Create One

Going From Messaging Nightmare to Messaging Delight, How to Create a Powerful Messaging Platform

Earned Authority #3: Develop Great Working Relationships With Your Key Internal Constituencies

In my previous two blogs on the topic of developing earned authority as a Product Manager or Product Marketer, I addressed the importance of developing you expertise in the Product Management domain and in your Market domain.   But having great expertise is not enough if you don’t have great working relationships with your key constituents, especially those internal to your company.

One of the reasons most of us in Product Management & Product Marketing love this role is the opportunity to interact with other parts of the organization.   When I think about the key internal constituencies, these include at least the following:

  • Executives – you have to show you are helping them achieve their business objectives and request funding from them.
  • Sales – they can help you make your product successful or they can sabotage you.
  • Engineering – you don’t have a product unless they develop it for you.
  • Marketing – they are going to help you create awareness and demand.
  • Services – they make sure your customers have a great experience with your product.
  • Finance – they might just be key in helping you develop forecasts and getting your business case approved.
  • Operations – these people might be more behind the scenes, but are also a critical cog in the success of your products.

That’s a lot of people to develop great relationships with, but as most of us PMs and PMMs have strong extrovert tendencies, this should not be a problem.   Let’s look at some ways that we can develop and enhance these relationships.

  1. Treat people nicely.   As I write this, I can’t help but think of Amy’s Baking Company which recently has been in the news for the terrible way they treated their employees and customers at the restaurant.   Without going into details, let’s “not” treat our key constituents like they did.   Remember the Golden Rule:  “One should treat others as one would like others to treat oneself.”
  2. Solicit and respect the perspective and ideas of others in the organization.   Most of us in Product Management/Product Marketing think that we are pretty smart, but we don’t have all of the answers and there are definitely areas in which we know very little.
  3. Arrive at meetings on time and prepare for the discussion that is on the agenda.  If you are in charge, plan an agenda, invite only those that need to participate and keep on schedule.  Don’t make people wait on you and don’t waste their time.
  4. Interact with your key constituents in non-business settings.   Go to lunch with them or join them for a happy hour.   Participate in non-business, but fun onsite activities, like sports, parties, etc.  These allows you to interact with people on a more casual basis and gain insights into each other that you wouldn’t be able to do within formal meetings and help you develop friendships, not just working relationships.
  5. Learn about their interests and be willing to talk about what interests them.
  6. When presenting to different constituents, make sure to think in their terms and key objectives (What’s in it for them).
  7. Keep them informed about what is going on with you product.   Regular updates to the key constituents can buy you some good favor and will help prevent unwanted surprises.
  8. Give credit where credit is due.   When someone makes a great contribution that makes your product (you) look good, make sure to give them credit for their contribution.
  9. Take time to say “Thank You” when people take time to help you out.

If you’re looking for additional thoughts, I highly recommend Dale Carnegie’s book “How to Win Friends & Influence People”.   Even though it was first published in 1937, the principles haven’t changed.

 

 

How to Develop a Deep Understanding of Your Target Markets: The Starting Point for Great Product Marketing

What Product Marketing Can Do To Overcome The Eight Most Common Barriers To Accelerating Sales Revenue

How Product Marketing Contributes to Revenue Growth & Product Success – Webinar Series

We partnered with AIPMM to conduct a series of Webinars on what Product Marketing can do to contribute to product success via revenue growth.  The role of Product Marketing is often misunderstand and through these webinars, I hope you better understand the strategic nature of the Product Marketing role and how they must partner with Product Management and Sales to drive revenue and product success.   The series of webinars includes:

Please click on the associated link for registration information.