“The business and marketing functions of a startup should be considered as important as engineering and development, so they deserve an equally rigorous methodology to guide them”
“So why so many organizations hire expensive and highly qualified engineers for developing software and then invest in a few-hours, general marketing courses for their marketing/business people?”
Donato Mangialardo (2)
(1) Blank has spent over thirty years within the high technology industry. He has founded or worked within eight startup companies, four of which have gone public. Blank is recognized for developing the Customer Development methodology, which launched the Lean Startup movement. Blank teaches and writes about Customer Development and is a consulting associate professor of entrepreneurship at Stanford.He currently lectures at the Haas School of Business, University of California Berkeley, Columbia University and the California Institute of Technology (Caltech). @sgblank
(2) Donato Mangialardo is an unknown follower of Steve Blank. He helps organizations to define, validate, build and market products for sustainable commercial success. He has spent 10 years of his career in Silicon Valley where he learned how to learn. With focus on Product Marketing/Management. He is still learning a lot. He believes that there is nothing like “seeing the light in your customer’s eyes”. And he does see that from time to time. @donatomm
“The return to the roots of marketing — starting with customer needs, choosing the needs you want to serve and getting your fair share of the value created.” by @rags
Rags Srinivasan has written a very interesting article.
Let me quote the first few paragraph:
- “We are now seeing the end of the freemium model — signing up users for free and trying to upsell,” said Christian Vanek, CEO of the Boulder-based SurveyGizmo, in a recent phone conversation.
- “6.5 million unique users is not all that it’s cracked up to be. I don’t want hits. I want revenue. I want a real business,” said Matt Wensing, founder and CEO of Stormpulse, in an interview with Mixergy.
- “Make a product people want to pay for,” said Marco Arment, founder of Instapaper, in a Planet Money interview.
Three easily available examples do not make indisputable evidence against freemium. Just like Dropbox, Evernote and RememberTheMilk do not make a case for freemium. But these three quotes reflect a return to the roots of marketing — starting with customer needs, choosing the needs you want to serve and getting your fair share of the value created.
Full article at http://bit.ly/QpLKiE
User-friendly tools for authors to build rich-media publications?
Does anyone know a way for authors (bloggers, content marketers, even magazine editors) to build rich-media digital publications without programming expertise?
I know I can go with a 3rd party building an app for me but I don’t have that budget. And I can’t just committ to new app to be developed everytime I want to create my (wannabe super-cool) digital publications.
Besides, I hate to be “prisoner” of formats or app builders, and I hate the fees I would owe the app stores like Apple & Android.
Am I asking too much?
Does anobody share the same need?
The product is NOT a great piece of software, or hardware for that matter.
Your product is actually the “Business Model”
“A business model describes the rationale of how an organization creates, delivers & captures value”. Alexander Osterwalder
As an example, here are a few things that are worth considering in a Product Business:
- What market problem do you solve?
- For whom? What are the customer segments? (Buyer Personas)
- Unique Value Proposition. What is the primary reason why buyers will buy your solution? Is it unique?
- Solution (Usually, but mistakenly, referred to as “Product”): what ie the minimal feature set that can support (together with the other points) your value proposition?
- How the solution will be purchased by buyers?
- How to measure progress? What key activity do you plan to measure? Es. how subscribers respond to the solution over time, by using time based cohorts.
- Cost structure
- Pricing and Revenue model. How do you make money?
- Business Sustainability: how hard to emulate is your Unique Value Proposition? It can be a technology platform, a powerful established channel, a level of awarensss in a segment etc.
- Customer retention and support strategy: once buyers become customers, how do you make them happy and loyal? How can you turn them into net promoters?
Anything missing? Anyway, this is closer to “the Product”. Depending on business, there are main factors that describe how an organization creates, delivers & captures value.