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How do you build a business case to quickly grow a product marketing team? What metrics do you look at to make sure you're driving ROI for the business overall?

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5 Answers
  1. Jam Khan
    Jam Khan

    Criteria Chief Marketing Officer • 3y

    There are few things i'd look at based on the rhythm of the business. How fast is the business growing? How fast is the organization innovating, and how fast is the sales team growing. How many product managers are there (the PM to PMM ratio should be at least 4:1).  How often are there launches that need to be supported? What does the competitive landscape look like.  Factoring all of this you can get an assessment of how complex the solution is, how large the addressable market is, and how muc ...Read More

    1,335 Views
  2. Priya Gill
    Priya Gill

    Iterable Chief Marketing Officer • 3y

    There are usually two sets of core metrics that I look at to assess whether our efforts are positively influencing the right outcomes: Marketing metrics: pipeline, campaign/content performance, bookings (PQLs if you work closely with the product growth team) Sales metrics: average deal size, average win rate, ARR There is also the kind of impact that PMMs can have that are not necessarily quantifiable - such as influencing the product roadmap in a way that eventually leads to greater market succ ...Read More

    816 Views
  3. Sahil Sethi
    Sahil Sethi

    Freshworks Vice President - Global Product Marketing | Formerly Klaviyo, Qualtrics, Microsoft, MckInsey • 3y

    The best business case to grow the PMM team, or any team for that matter, is to highlight how the team is going to tackle the biggest challenges that the business is facing. This has always been true but is particularly true in the macro environment we are in So, ask what the business challenges are. Do you have a lead-gen/pipeline problem ? Are your win rates dropping due to competitive pressures ? Are customers spending less ? Are they churning quickly ? Are they not expanding fast enough ? Ar ...Read More

    682 Views
  4. Sina Falaki
    Sina Falaki

    AlphaSense Senior Director, Solution Marketing | Formerly Procore, Motive • 3y

    To build a solid case to quickly grow a pmm team, a product marketing team must partner with customers and the entire product, revenue, and strategy org to: Drive pipeline and top-line revenue growth, inclusive of new logo and cross-sell / up-sell (land & expand growth) Partner with enablement to Ensure quota-carrying teams know what to say to whom and when Bring customer feedback into the product and technology team in order to inform product roadmaps. Prioritize, open, and adapt to new mar ...Read More

    363 Views
  5. Jon Rooney
    Jon Rooney

    Box Vice President Product Marketing | Formerly Splunk, New Relic, Microsoft, Unity, Oracle • 2y

    Any business case for expanding PMM should be built around the expansion of target use cases or audiences. If your company is selling new stuff to existing customer types OR existing stuff to new customer types OR new stuff to new customer types, chances are you'll need more PMM coverage to cover messaging, positioning, launches, sales enablement, campaign design, analyst relations, etc. When modeling, tie additional headcount to projected net new projected revenue, aligning that investment to n ...Read More

    488 Views

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