Change Your Market, Not Your Product
HONEY SRIVASTAVA
Fractional Product & Agile Leader | Driving Execution & Growth | IIM | ISB | CSPO | ACSPO | Digital Strategy
Most of the time, we pour our hearts (and wallets) into building what we believe is the perfect product.
Weeks turn into months, and resources pile up in the hopes of creating something revolutionary.
Then the launch happens—and nothing.
The numbers are underwhelming, customers seem indifferent, and that feeling of “What now?” starts creeping in.
Take this scenario:
A startup develops a cutting-edge fitness tracker.
It’s not just another wearable—it has unique features like hydration reminders and posture correction.
The product is innovative, well-built, and priced competitively.
But sales aren’t taking off.
The problem?
They’re targeting casual gym-goers, who are already satisfied with basic fitness bands.
What if this product was marketed to physiotherapists or athletes looking for precision in injury recovery instead?
Here’s the thing: Sometimes, it’s not your product that needs fixing—it’s your market.
Let’s find out why changing your market might be the smarter, faster route to success.
The Misalignment Between Product and Market
Imagine launching a stylish, eco-friendly water bottle designed to promote sustainability. It’s durable, reusable, and beautifully designed, but sales are nowhere near expectations.
The first instinct might be to rethink the product—cut prices, add features, or change the design. But what if the real problem is who you’re selling to?
“The product is right—it’s the audience that’s wrong. Find the market that sees its value.”
Perhaps you’re marketing to price-sensitive college students when your real audience should be eco-conscious professionals who prioritize quality over cost. This is a textbook example of product-market misalignment.
The Case for Changing Markets
Why change your market instead of your product?
Because every product solves a problem—but not every market has that problem.
Shifting focus to a different audience can reveal untapped potential.
Real-Life Example: Slack’s Pivot
Take Slack, for instance.
Initially, it was a communication tool for a failed gaming project.
Instead of scrapping it, the team repositioned Slack for workplace collaboration.
The same product that failed in one market became a global productivity phenomenon in another.
“Slack didn’t change the product—they changed their audience and created a $27 billion success story.”
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Real-Life Example: Instagram’s Simplification
Before becoming a social media giant, Instagram was a complicated app called Burbn, offering check-ins, photo sharing, and networking.
It flopped.
By analyzing user behavior, the team realized that people loved the photo-sharing feature.
They stripped the rest away, repositioning it as a photo-sharing app—and the rest is history.
Real-Life Example: McDonald’s Localization
McDonald’s faced a unique challenge in India, where beef—the cornerstone of their menu—wasn’t culturally acceptable to many.
Instead of forcing their classic offerings, they created localized options like the McAloo Tikki and Maharaja Mac.
By adapting their menu to Indian tastes, McDonald’s succeeded in a market that initially seemed incompatible with their brand.
“McDonald’s didn’t abandon its core—they adapted their menu to align with cultural values.”
How to Identify the Right Market
Changing your market isn’t guesswork; it’s a calculated move. Here’s how you can do it:
Shifting Markets: Practical Tips
Once you’ve identified a new market, it’s time to adapt your strategy:
My Ultimate Thoughts
Changing your market instead of your product is about seeing the bigger picture. Sometimes, the crowd you’re playing to simply doesn’t understand the value you’re offering.
“Your product might be perfect. The key is to find the market that sees it that way too.”
Think of your product as a performer. If the audience doesn’t applaud, it’s not always the performance—it might just be the wrong crowd. Shift your focus, and you might discover the standing ovation you’ve been waiting for.
What do you think?
Have you ever shifted markets instead of altering a product?
Let’s discuss!
#HR Top Voice | Head Product & Digital HR Transformation | India’s Most Agile HR Leaders 2024 | TA PAI Young HR Leader 2022 | HRO Today Award Winner 2021 | Future HR Leader Award 2022 (HRAI)
3 个月Super awesome ! Very well captured
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