AMA: Guidewire Software VP Product Marketing, Axel Kirstetter on Competitive Positioning
May 23 @ 10:00AM PT
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How do you obtain competitive intelligence on a competitor's product that has very little public-facing marketing around it?
I'm about to just call and ask them if they still sell it.
Guidewire Software VP Product Marketing | Formerly EIS Group, Datasite, Software AG, Microstrategy • 2y
I love this question as it puts competitiveness into context. If you can't find anything about a 'competitor' how is a prospect going to know anything about them? No info...
551 Views
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Guidewire Software VP Product Marketing | Formerly EIS Group, Datasite, Software AG, Microstrategy • 2y
Here is a controversial statement: value communication beats narrative design. I know narrative and storytelling is a big topic in the product marketing world. But, I wou...
474 Views
3 requests
What constitutes a competitor, and what is the goal you have in mind when you conduct competitor analysis?
What is your philosophy when it comes to competitors?
Guidewire Software VP Product Marketing | Formerly EIS Group, Datasite, Software AG, Microstrategy • 2y
I think of competitors in two ways. 1. alternatives. Excel the classical example here. An alternative way of achieving the same 2. similar / same product offerings target...
513 Views
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Guidewire Software VP Product Marketing | Formerly EIS Group, Datasite, Software AG, Microstrategy • 2y
this is such a good question. comp intel is not a one time activity. its ongoing. same with positioning btw. I separate 3 things: Information collection, information anal...
480 Views
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How do you separate out your competitive positioning for two different plans of your product, while keeping a unified view, if the plans serve different customer segments?
For example - Shopify Plus and Shopify (core)
Guidewire Software VP Product Marketing | Formerly EIS Group, Datasite, Software AG, Microstrategy • 2y
Pricing and CI are two separate side of the same coin. Easiest way to win more business is to reduce your price. But that has consequences for revenue. Ultimately one pro...
1459 Views
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Guidewire Software VP Product Marketing | Formerly EIS Group, Datasite, Software AG, Microstrategy • 2y
I recommend three documents. 1. an inbound competitive document, covering things like product differentiators, win/loss analysis, pricing and type of open roles. 2. a sep...
489 Views
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What's your approach to competitive differentiation?
How does this inform your core messaging, how do you enable sales to understand what makes you different/better, how do you know if it's working with your target buyers?
Guidewire Software VP Product Marketing | Formerly EIS Group, Datasite, Software AG, Microstrategy • 2y
I believe in a simple exercise: what are you good at. this is the category you want to operate in. Its table stakes. if you want to be in the electric car business and y...
466 Views
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Guidewire Software VP Product Marketing | Formerly EIS Group, Datasite, Software AG, Microstrategy • 2y
At a high level Sales needs to operate on three planes. Defending against weaknesses, driving towards strengths and disseminating fear. Long written thought papers are th...
544 Views
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Guidewire Software VP Product Marketing | Formerly EIS Group, Datasite, Software AG, Microstrategy • 2y
There is an interesting overlap between market research and competitive intelligence. that intersection is market intelligence. strictly speaking CI is only about direct ...
1309 Views
3 requests
Guidewire Software VP Product Marketing | Formerly EIS Group, Datasite, Software AG, Microstrategy • 2y
When your company only has one product, the product positioning is the company positioning. The next growth phase would be a portfolio of products. Say we are are the pro...
459 Views
3 requests