Post on 09-Feb-2017
KevinSasser.com
“Business has two functions – marketing and innovation”
Peter Drucker
KevinSasser.com
Q: How do you sell an Eskimo a refrigerator?
KevinSasser.com
A: Sell on the fact that their food won’t freeze.
KevinSasser.com
KevinSasser.com
“You are raising quotas for next year? What’s our strategy?”
KevinSasser.com
“Next year we will need to keep our heads down, work on blocking and tackling, and
throwing elbows…”
KevinSasser.com
What do you think about these hosted solutions “in the cloud”?
It’s a fad….
KevinSasser.com
Kevin Sasser
Engaging the Sales Team to Drive InnovationB2BCamp 2015
KevinSasser.com
Symptoms of a Weak Strategy
KevinSasser.com
Every Sales Rep Who Has Ever Been Asked the Question “Do We Need This Feature?”
“Yes”
KevinSasser.com
“that’s in there because we lost a big deal when we didn’t have it”
Mystery Features
KevinSasser.com
“They are a partner, but we don’t really do much with them.”
Kardashian Marriages
KevinSasser.com
“But we just pivoted”
Jumping the line between “Innovative Pioneer” and “Being lost as all hell”
KevinSasser.com
“…we are not going to pidgeon-hole ourselves...”
Doesn’t know target market
KevinSasser.com
This is a by product of….
KevinSasser.com
This
KevinSasser.com
Strategy Canvas
KevinSasser.com
Defining Your Target Market
Too Small Too Broad
Leaving Revenue on
the TableWeak
Messaging
KevinSasser.com
Defining Your Target Market
Too Small Too Broad
Leaving Revenue on
the TableWeak
Messaging
KevinSasser.com
The Goal
TARGET MARKETS
PRODUCT MANAGEMENT
KevinSasser.com
Eliminate These BehaviorsBut First
KevinSasser.com
Fear of the UnknownEliminate These Behaviors
KevinSasser.com
Focusing Only on the FeaturesEliminate These Behaviors
KevinSasser.com
Engaging Only With Those Who Come to YouEliminate These Behaviors
KevinSasser.com
Defining Your Targets in General TermsEliminate These Behaviors
“The SMB” vs. “Bob”
KevinSasser.com
Finding Common GroundThe First Step
KevinSasser.com
Take Product Team on DemosFinding Common Ground
KevinSasser.com
Build & Validate Customer PersonasFinding Common Ground
KevinSasser.com
KevinSasser.com
Build a Value Proposition Canvas TogetherFinding Common Ground
KevinSasser.com
Value Proposition Canvas
Start Here
KevinSasser.com
Value Proposition Canvas
Work This Way
KevinSasser.com
Value Proposition Canvas
Mine
KevinSasser.com
Embracing InnovationStep Two
KevinSasser.com
MAR
KET
TIME
LOW
MID
HIGH
Sustaining Innovation
KevinSasser.com
Sustaining Innovation
• Use Prototypes and Smoke Tests to Validate Proposed New Features
• Use Charitable Contributions as Motivators to Engage with Non Customers
KevinSasser.com
MAR
KET
TIME
LOW
MID
HIGH
Disruptive Innovation
KevinSasser.com
Disruptive Innovators
• Enter at the low end of the market• Have a lower cost structure and price point• Not taken seriously by competition• Work way up from low to mid to high end of
market
KevinSasser.com
Disruptive Innovators
• Watch for competitors on low end• Track their wins against you• Run campaigns to gather competitive intel• If you price match you will most likely lose
money with your current cost structure
KevinSasser.com
Disruptive Innovators
• Consider setting up new division/company with different cost structure to compete
KevinSasser.com
Good Luck
Kevin SasserKevin.Sasser@gmail.com