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Sam Melnick

AMA: Postscript Vice President Of Product Marketing, Sam Melnick on Competitive Positioning


June 6, 2024 @ 10:00AM PT

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  1. What metric, goal or KPI can you put on providing competitive intelligence to the company or product teams?

    I work in a company that measures the impact of all projects, but admittedly this is a difficult area to track. Would love to any suggestions/thoughts.

    Sam Melnick
    Sam Melnick

    Postscript Vice President Of Product Marketing • 2y

    Rule #1 of Competitive Intelligence is to tie it directly to revenue. By doing that you uplevel it from being seen as a research project to something that drives specific impact for the business. Here are three revenue metrics I try to focus on: Win Rates: Track win rates against your top 2-4 competitors. Keeping the number of competitors limited helps maintain focus and provides clearer insights. Deal Involvement: Monitor specific deals where CI/MI has been involved. You could track content use ...Read More

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  2. How do you disseminate competitive positioning to your sales team?

    Sam Melnick
    Sam Melnick

    Postscript Vice President Of Product Marketing • 2y

    Competitive positioning is worthless if you can't explain and train your sales and customer success teams. That's why partnering closely with your enablement team and front-line managers is essential to getting the right information to the team AND for them to retain the information. Here's how I've done it (with significant help from my enablement partners): Trainings: Provide live and recorded training sessions to ensure everyone understands the competitive landscape. Live sessions allow for r ...Read More

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  3. What can we do if there's no Wave or MQ for our category?

    Sam Melnick
    Sam Melnick

    Postscript Vice President Of Product Marketing • 2y

    This is a fun, but challenging question. If there's no Wave or Magic Quadrant (MQ) for your category, long-term and strategic thinking becomes incredibly important. Here are some approaches to consider: Play the Long Game: Understand that establishing recognition in a category is a journey that typically spans 2-4 years. Be ready to commit to a firm and analyst practice for an extended period, getting placed doesn't happen in a single cycle. Explore Adjacent Categories: Look for existing reports ...Read More

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  4. How do you convey that competitive intelligence is a team effort, requiring input from all business areas, especially customer-facing teams?

    Sam Melnick
    Sam Melnick

    Postscript Vice President Of Product Marketing • 2y

    Let's be clear. CI is a team effort and its very hard to be THE end-all-be-all source for this information. While that can work for a time, a small team cannot be everywhere at all times, so communicating that to the rest of the organization is paramount. There are two tactics I suggest using. Tie your efforts to Revenue (yes this is a common theme with me :) ): You must clearly articulate how competitive intelligence contributes to winning deals and ties directly to company-level revenue number ...Read More

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  5. How do you systematically organize & update your competitive intel when there's so much new information that can flow in every day?

    Sam Melnick
    Sam Melnick

    Postscript Vice President Of Product Marketing • 2y

    Staying on top of competitive intel requires a structured approach since a lot happens in any given week and you can get requests from all over the business. Here's how my teams try to manage it: Prioritize Top Competitors: Focus on the top competitors and their key market activities, like webinars or blog posts, to ensure you're monitoring the most impactful information. You can't be everywhere, so prioritization on what will make the biggest impact is key. Centralize Requests: Use a central pl ...Read More

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