AMA: Square Head of Product Marketing, Carrie Zhang on Product Marketing
November 16 @ 10:00AM PST
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Square Product Lead • November 16
This very much depends on the company and individual team lead vision so I will just chime in with what it is like at Square. In general, PMMs at Square cover a wide range of responsibilities regardless of level. These responsibilities include: 1. Develop product or feature launch/ GTM strategy and plans, including positioning and messaging 2. Quarterback marketing and sales partners (e.g., paid marketing, SEO, content marketing, lead generation) to execute GTM and growth plans 3. Lead customer research and collaborate with PMs on product strategy and roadmap 4. Lead pricing and packaging recommendations Square is a multi-product company, so our junior PMMs tend to focus on one product to learn how to excel at the role. Senior PMMs start to cover more products. Additionally, junior PMMs are empowered on tactical executions, but important, strategic decisions like tent pole product launch strategies and pricing decisions are led by senior PMMs. As a team lead, I focus more of my time building and coaching my team, elevating the reputation of the function within our company, and weighing in heavily on product and business unit strategies.
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Square Product Lead • November 16
I see 3 product marketing career paths ways: 1. Continue down the product marketing career path. At some point, you will be capped at a VP or Director of product marketing role 2. Get broader channel marketing experience (the most important one being paid marketing) and become a CMO somewhere. Choose this path if Marketing is your ultimate passion 3. Learn more about product management and other business fundamentals and become a General Manager/ CEO leading a line of business. Choose this path if you love being a P&L owner, and all the glory and stress that comes with it Which path you choose very much depends on what you are interested in and what you are good at.
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Why do product marketing jobs have high turnover?
Most of my marketing colleagues have either gotten fired, laid off, or found a new job within the past 18 months. I've personally have been laid off 5 times and left on my own 5 times in the past 10 years. Why such high churn in marketing?
Square Product Lead • November 16
I have a different perspective. Most of the turnovers I have seen are voluntary - people moving on to different companies, different roles. So to me it's not necessarily a bad thing. Personally I get bored doing the same thing for more than 2 years. So if my role does not present new learning opportunities, I will probably move on. On the other hand, in general marketing can be an easy culprit when business is not doing well and budget needs to get slashed. It's just the reality of the profession.
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Square Product Lead • November 16
Covered this a bit in another question. PMM can bring a very strong customer perspective when it comes to product development. To have a seat at the table though, you have to do the work. This is what we do to bring customers perspective to our product teams: * Visit, shadow, do work at our customers. No research can compare to the insights you get by actually being in the shoes of our customers - in our case, small businesses * Talk to customer facing teams (Sales, Account Management, Support) and synthesize feedback. They are on the frontline all the time. You will be surprised how much you can learn from them * Comb through social media (Facebook, Twitter), our own Seller Community forum and syntheszie customer feedback * Conduct qualitative and quantitative customer research When you've done all this work, you have a wealth of fact-based customer insights that nobody can ignore.
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Square Product Lead • November 16
At the end of the day, the common interest between a PM and a PMM is to build and grow a product or business. That means a few areas of common grounds: * Product strategy - are we building the right product for the right target customers? * Growth strategy - what are the in-product and marketing levers we can pull to increase subscribers and ARPU? * Pricing strategy - how do we monetize our product? These questions require collaboration and aligment between PM and PMM. Who takes the lead very much depends on the organization and the strength of the individual.
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Square Product Lead • November 16
Our sales team are always asking us for 3 things: * A kick ass product intro/ overview deck - generally used for reps to go over with prospects * Competitive battlecards - how we stack up against our competition and where we win * Case studies - tangible upside that customers have gotten by using our products These are the foundations in my opinion.
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3 requests
Square Product Lead • November 16
Great question. I always tell my team that as product marketers we are the bridge between product development and the broader marketing & sales teams. We focus relationship building and collaboration in 3 areas: 1. Product (development) team. At Square PMMs are embedded within the product teams so this is technically our home. Where we add value is bringing in the customers' voice when it comes to product strategy and roadmap. My team does a lot of work visiting customers, conducting qual/ quant research, collecting feedback from Sales, Account Management, Support, through our FB, Seller Community. This allows us to bring a strong customer perspective and have a seat at the table for product strategy and roadmap discussions. 2. Marketing and sales channels. Help them do their jobs better. This includes having a clear point of view on where subscribers and growth are going to come from and guiding (but not directing) how they should be thinking about their tactical plans. For example, clear customer insights help paid marketing team develop better media plans; product proof points help content team write better content articles; sale collaterals/ training help Sales close more deals. 3. Creative team. At Square we have an awesome in-house creative team. Just write kick ass creative briefs and inspire them!
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Square Product Lead • November 16
Yes, PMM role varies a lot by industry and company. So you have to ask yourself what you want to do and what ultimately interest you. When you choose what companies, PMM groups to join, you need to evaluate whether that helps you get to where you want to be. For example, I am not into enterprise B2B. Product marketing in that space requires a lot more sales enablement work that I'm not passionate about. I've personally found the following background helpful to excel at product marketing: * Hands-on channel marketing experience. A good PMM need to know how different channels work, e.g., how to do acquisition via paid marketing, how to do customer lifecycle management * Classic CPG marketing training. Best place to learn about segmentation, targeting, positioning and brand management * Strategy consulting. PMM needs to have a business mind. Strategy consulting is great at teaching you how to solve an ambiguous problem
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