The Product Marketing Strategy Framework
Overview
There is often confusion about how a company's long-term purpose translates into strategy and operations. People discuss the eternal purpose of a business but often fail to connect it to strategic and operational priorities. Similarly, it's frequently unclear which function should drive corporate strategy, leading businesses to start with either technology or revenue targets rather than focusing on the customer.
This misalignment can result in product roadmaps disconnected from customer needs or the pursuit of feature parity based on existing pricing models. The goal of this framework is to align all functions under a cohesive strategy.
The Long-Term View (10-20 Years)
This is the raison d’être for the company, often encapsulated by Simon Sinek ’s Golden Circle:
These guiding principles form the foundation of your company's purpose, mission, and vision. While these elements are meant for the long term, they can evolve over time. Think of 谷歌 's mission to "organize the world’s information" — a lofty goal that was not achievable back when they started but served as a long-term objective.
Closely connected to this are the underlying corporate values, which may be built organically or actively nurtured by founders and key leaders. These values provide guidance for decision-making, especially when no decision-maker is present.
The Strategic View (3-5 Years)
Beneath the Golden Circle lies the strategy layer, typically covering a three-to-five-year horizon. At B2B Practitioners , we diverge from the mainstream opinion. Most people argue that this layer should focus on corporate strategy, which then breaks down into product strategy, go-to-market strategy, and so on.
In contrast, we believe in a concept we call Strategic Product Marketing, which serves as the critical driver and input for corporate strategy. Without it, meaningful corporate strategy cannot exist.
Strategic Product Marketing is built on the 3C model—Customer, Competition, and Company. In most startups and scale-ups, "company" usually means a single product or solution. The core components of Strategic Product Marketing include:
These components ultimately inform your corporate strategy. You can't develop a winning corporate strategy without understanding your direct and indirect competition, your customers, their problems, and attitudes toward your existing or potential offerings. These elements shape the playing field within which you define your corporate strategy and, subsequently, your functional strategies.
领英推荐
In Lorraine Twohill's words:
Know the user. Know the product. Connect the two.
Product Marketing Fundamentals (3+ Years Time Horizon)
Your corporate strategy and brand promise are closely tied to your positioning statement. While your positioning statement can be part of your Strategic Product Marketing components, it will likely need adjustments more frequently than your corporate strategy due to changes in market maturity, evolving competitive environment, or growing customer expectations.
Your positioning statement includes:
The Operational View (Up to 2 years)
Once you've established your messaging hierarchy, you can work on a compelling corporate narrative. This narrative explains to your target audience why you're relevant in the market and worthy of their partnership. Since it also supports your Go To Market motion, it will usually have a lifetime of 2 years max.
With the deep understanding of the buyer decision journey and your value proposition, you can pinpoint critical decision points and identify what information and support each buyer persona needs at different stages. This insight helps shape a content strategy that drives demand generation and can be turned into an actionable content roadmap.
With this foundation in place, move to operational execution by creating tangible communication materials like marketing collateral, campaigns, thought leadership reports, and white papers. Additionally, focus on GTM Enablement pieces such as pitch decks, product one-pagers, battle cards, and standardized training.
Conclusion
Strategic Product Marketing forms the foundation for effective corporate strategy. By understanding and integrating customer needs, competition, and your company's capabilities, you can create a cohesive strategy that aligns all functions within your organization.
If you’re a founder or executive in a B2B tech startup or scale-up, adopting this framework can provide clarity and direction, helping you achieve long-term success.
Ready to elevate your corporate strategy with strategic product marketing? Sign up for our free consultation with our expert strategists today!
?? Top Product Marketing Voice ?? Top-50 PMM Globally ?? PMA Ambassador ?? ex-Amazon ?? Chicago-Booth MBA ?? Stanford ?? BBC TV Guest
5 个月Brilliant insights on Strategic Product Marketing Norman!
I help B2B Tech, SaaS, and AI Startups strategically leverage AI to accelerate marketing results and achieve market-leading engagement and growth.
5 个月Wow, that's a mouthful of jargon. Can't wait to see the framework.
?? Bye bye, Founder Sales. Skip trial & error and benefit from 100+ B2B SaaS startups, 50+ GTM podcast episodes, and 10+ angel investments.
5 个月Sounds interesting, but cannot find the download link ??
Link to download the entire framework as PDF: https://eu1.hubs.ly/H09ypmB0