The key to validation is a 360 approach and not relying on a few signals alone. Market research is one way to validate product differentiation. AI through chatGPT or other tools can give us a framework. For example Competitive Analysis Customer Interviews and Surveys- use tools that offer real-time sentiment, user feedack, seasonal testing Market Trends and Industry Reports - Gartner, G2, Forrestor, others Beta Testing and MVP Feedback: Super helpful in early days but this will definitely change ...Read More
Rahul Awasthy
Product Marketing Leader
San Francisco, CA
Content
It depends on a few factors. How is segmentation being used ? - for campaigns, to generate pipe, for sales motions ? At what stage of the sales cycle is segmentation proving to be most effective ? early qualification or pipe-gen vs mid-stage ? In order for broad pipe-gen efforts, cohorts are often more helpful than pure segments based on basics such as demographics, age, buying power, titles, etc. They are a start. Revaluation on a quarterly basis is helpful, but must be aligned with the goals f ...Read More
When thinking about PMF research, it can be variable but the approach of documented Iterative loops is helpful. For example Loop1 has 4 key variables to test for by any market research method - Those variables maybe product features, competitive options, messaging and category-maturity - Loop1 can be run for a quarter Loop2 has another 4 key variables - similar product features as loop1, but different competitive approach, adapted messaging to select customers and category could be all maturity ...Read More
It varies across companies I have worked at - Common ones include - Salesforce, UserTesting, Intercom, Qualtrics, Uservoice, Medallia among others
Leverage specialized firms - there are several 3rd party firms that do the hard work of vetting for titles, anonymity and interviews/focus groups with selected parties that can speak to confidential/sensitive verticals such as healthcare, federal and insurance
Often these specialized research firms offer deeper insights than generic horizontal research across a product
Managing scattered customer feedback can indeed be challenging. Thinking about a single account/users to connect the feedback is needed often and systems may not be set up for that. For basics, explore and play with AI - even chatGPT and tools that allow chaining of feedback will enable summary analysis and insight extraction Some approaches that maybe helpful are - Customer Feedback Platforms: Qualtrics - has solutions based on use-cases such as NPS, VoC, CX and EX Salesforce - Often under-util ...Read More
Great question and It depends on who is asking or how we define "moving the needle" A company is moved by several key needles (so to speak) depending on what they need. A mature company moves the needle by executing at scale. An immature product is searching for product-market-fit and market research may not even be really useful, so better to conduct user-research If the focus is revenue, most research that helps is buyer behavior- Really understanding the pain and the "need behind the need". I ...Read More
Great question. Some of this is a human/org challenge and part of it is a tool challenge. Tip: Humans are far more unpredictable and challenging than software :) So figuring our the org dynamics at your company is key - Who owns this centralized feedback and do they have the systems set up. Let's say at the very manual stage - it's gathering data, using an AI tool to summarize and there is no automation or central data-lake. Product,Marketing, Sales and CS leaders have to align on what is they b ...Read More
I made this jump and it wasn't easy - here's my guidance based on experience. Find a leader who believes in you. Very often people don't tell you this one thing - Promotions are personal in the sense that someone is taking the risk that you will succeed at an unproven level. The assumption is you already have the base-skills as your peers who also qualify for that promotion Take Risk politically in medium/large orgs - Demonstrate that you can lead a project, an idea and market ALL aspects of it. ...Read More