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Daniel J. Murphy

AMA: Privy VP of Marketing, Daniel J. Murphy on Product Launches


September 22, 2020 @ 10:00AM PT

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  1. What type of customer research do you do pre-launch to help you have a great product launch?

    Daniel J. Murphy
    Daniel J. Murphy

    Marketing Strategy Consultant • 5y

    The #1 thing is listening to customer calls. Or beta calls if you have someone selling the product before the launch. We use Gong.io for that.  This is where I get most of the positoining. Copy and paste call transcripts into the positioning deck. Better to use their words than make up your own.  Once you have the positioning, you can pitch it to other customers. Get on a call yourself, test it out. So not only does your positioning originate with your customers, but it's validated by more of th ...Read More

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  2. In your eyes, what's product marketing's role in the launch? What's key to ensure it's smooth?

    What are the key deliverables PMM provides? What gets handed off to other teams to run with and create?

    Daniel J. Murphy
    Daniel J. Murphy

    Marketing Strategy Consultant • 5y

    I've heard it described a few different ways: product marketer is the CEO of the launch, since you have to wear so many hats preparding for a launch, or you're the quarterback since you have to pass the ball, run the ball and organize with so many other people.  The role really is ownership of the launch though. Because someone has to own it completely, it can't be done correctly by committee (from my experience at least). So what that ends up meaning is you have to do a bunch of jobs: communica ...Read More

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  3. What are the most successful enablement practices you have conducted in your experience to help assist with small, medium, or large product launches?

    Daniel J. Murphy
    Daniel J. Murphy

    Marketing Strategy Consultant • 5y

    This is not a great answer but the best approach for enablement is overcommunicating. Taking every opportunity to pitch the launch: why it will make sales more money, why it will help CS save customers, etc.  Not just at meetings but on Slack every week too. Share updates, share customer feedback, share new content you've developed for the launch. Basically don't keep that stuff behind close doors leading up to the launch.  For training a sales/cs team I recommend doing that with a video you rec ...Read More

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  4. What are some key ways to preserve "launch momentum" after the actual launch to get more customers to use said launched product or feature?

    Looking for strategy, tactics, stakeholder training, and examples

    Daniel J. Murphy
    Daniel J. Murphy

    Marketing Strategy Consultant • 5y

    Great question.  I actually answered a similar quesiton above, here it is:  First of all, don't try to prevent the short term spike! that's why you launch, to drive attention and focus for one thing in the short term. But how to get long term results: have a plan to continue building momentum. Like for a new product, you want to continue building momentum with content, marketing campaigns, sales team selling it, etc. And don't forget feature launches, if it's a new product, plan the announcement ...Read More

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  5. Is it better to do smaller but more regular product launches, or the occasional BIG one?

    Daniel J. Murphy
    Daniel J. Murphy

    Marketing Strategy Consultant • 5y

    Depends on your business model. If you're in SaaS and selling monthly contracts, do more launches regularly to keep your customer engaged "look at this new thing we just built for you." If you're an enterprise sales motion, selling annual contracts this might not be as important for you, but captivating your audience once a year with a really strong launch with a great story, then go and do that.  Also of course depends on your product team. How often they are building new stuff, what customer p ...Read More

    701 Views
    1 request
  6. How do you and the PMM team communicate updates and progress on your product launch to the rest of the org? What is the format? What do you report back on? Etc.

    Daniel J. Murphy
    Daniel J. Murphy

    Marketing Strategy Consultant • 5y

    Slack, wiki and weekly meetings. 

    There's no one tool. But the approach is overcommunicate everything. Repeat information, go through a launch plan twice a week with the team, just spend time practicing and covering all the details. 

    The launch plan is created in an internal wiki (whole company can access and see the plan) and we're constantly sharing the plan in Slack leading up to the launch, as things change, as we get work done. 

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    2 requests
  7. What are different ways to set benchmark goals for launch, maximize demand generated, and continue optimizing post-launch?

    Daniel J. Murphy
    Daniel J. Murphy

    Marketing Strategy Consultant • 5y

    It's all about the process. Don't start with "we have something to launch and here's all the stuff we're going to do for this launch and NOW let's set a launch goal." Instead, start with what strategic goals your company is trying to solve. Okay, it's churn. So how will this new launch help with churn? Then come up with your plan based on that goal.  Sometimes it's not easy to set a goal using the numbers at your disposal. Meaning you can't come up with "I need to book 50 meetings for CS with th ...Read More

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  8. What are common mistakes Product Marketers make when launching products?

    Daniel J. Murphy
    Daniel J. Murphy

    Marketing Strategy Consultant • 5y

    1) Waiting for something new from the product team to launch vs. designing a launch around a strategic company goal  2) Going to market with messaging that matches what the produc team gave them vs. coming up with messaging for your target customer 3) Trying to do too many things (emails, content, channels, etc) in the launch vs. focusing on the few things that will get you to your launch goal 4) Not setting an attainable short term launch goal and then delivering on a brilliant launch but not b ...Read More

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  9. How does Product Marketing get involved with alliances, partnerships and marketing the integrations of a product with another product?

    Does that role change if your alliance/integration partner is larger/better-known than yours is?

    Daniel J. Murphy
    Daniel J. Murphy

    Marketing Strategy Consultant • 5y

    Yes, 100%. That can be it's own role on a product marketing team, especially if you are building a platform and have a large partership ecosystem. Marketing tech is a good example of this. Partnering with numerous other marketing tech companies can be your growth strategy, that's how a lot of companies got their start (including Privy).  Also, integrations can be a success factor for your customers. Meaning you might realize customers that integrate with Marketo, for example, are more likely to ...Read More

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  10. How do you measure the success of a B2B product launch? or what is the best way to measure?

    Daniel J. Murphy
    Daniel J. Murphy

    Marketing Strategy Consultant • 5y

    You shouldn't be working on a product launch without a launch goal already set in place. 

    Launches should be either:

    1) focused on helping hit a strategic company goal

    2) focused on helping grow a new product

    Your launch goal should be a short term focus: book 50 sales demos, get 200 customers to enable this integration, etc. The launch goal relates to the strategic company goal or growing the product SKU. But the launch goal is a short term focus on the launch, to build momentum. 

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  11. What is the best way to sustain launch over time and prevent the spike in traffic in the short run without long-term results?

    Daniel J. Murphy
    Daniel J. Murphy

    Marketing Strategy Consultant • 5y

    First of all, don't try to prevent the short term spike! that's why you launch, to drive attention and focus for one thing in the short term.  But how to get long term results: have a plan to continue building momentum. Like for a new product, you want to continue building momentum with content, marketing campaigns, sales team selling it, etc. And don't forget feature launches, if it's a new product, plan the announcement of the product, but then plan follow up launches for new features as you b ...Read More

    1,725 Views
    2 requests
  12. What do you find most challenging about launching a new product that is also your company's first product?

    Daniel J. Murphy
    Daniel J. Murphy

    Marketing Strategy Consultant • 5y

    Building an audience. It's hard when your company is new and people don't know what you're about, why they should care and often very little credibility. Best way to combat that is to start building an audience earlier than your launch. Start talking about the problem you are solving with your product. You don't have to talk about your product. But you can establish thought leadership for your brand by doing this. Maybe it's just LinkedIn, or maybe a podcast or maybe something else. But your lau ...Read More

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