0% found this document useful (0 votes)
7 views27 pages

What Is Product Marketing - Complete Guide Strategies - 2

Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
7 views27 pages

What Is Product Marketing - Complete Guide Strategies - 2

Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 27

3/13/24, 12:31 PM What is Product Marketing?

| Complete guide & strategies

Share:

Log in Membership

Content Hub > Positioning & messaging

What is product marketing?


July 05, 2023 16 min read

Bryony Pearce

Follow us on LinkedIn

Subscribe

Product marketing is the driving force behind getting products to


market - and keeping them there. Product marketers are the
overarching voices of the customer, masterminds of messaging,
enablers of sales, and accelerators of adoption.

English

https://www.productmarketingalliance.com/what-is-product-marketing/ 1/27
3/13/24, 12:31 PM What is Product Marketing? | Complete guide & strategies

What is product marketing? Share:

PMMs are responsible for a variety of deliverables and are a


fundamental part of the product lifecycle.

They’re the masterminds behind making product features appeal to


the senses, whether that’s through email marketing, webinars, and
other marketing functions, and are some of the world's most
accomplished plate-spinners, playing a crucial role in ensuring
products appease the company’s target customer.

In six very simple circles, the role looks a bit like this:

English

https://www.productmarketingalliance.com/what-is-product-marketing/ 2/27
3/13/24, 12:31 PM What is Product Marketing? | Complete guide & strategies

Share:

The evolution of product marketing

English

https://www.productmarketingalliance.com/what-is-product-marketing/ 3/27
3/13/24, 12:31 PM What is Product Marketing? | Complete guide & strategies

Share:

0:00 / 0:26 1×

The Product Marketing Framework

Product marketing sits at the heart, the intersection, and the core of all
successful companies. PMMs collaborate with key teams such as the
marketing team, sales, customer success, and plays a critical role in
helping the business achieve its goals.

It's vital and exciting - but it can be a little complicated, but this is
where the Product Marketing Framework comes in:

English

https://www.productmarketingalliance.com/what-is-product-marketing/ 4/27
3/13/24, 12:31 PM What is Product Marketing? | Complete guide & strategies

Share:

1:10

Our Product Marketing Framework covers all the necessary areas


required to navigate the product marketing journey, from A to B to C
to D... the list goes on.

The framework defines five fundamental phases of product


marketing: discover, strategize, define, get set, and grow. We
recommend familiarizing yourself with the full framework to really get
to grips with each of the moving parts.

But in the meantime, here's a whistle-stop tour:

Discover - This is the stage in which you gather the info and insight
to turn your assumptions into an educated hypothesis. Customer
feedback and sussing out the competition are just two of the key
elements involved - and they're both product marketing gold dust. ✨

Strategize - Whether it's product-market fit, your GTM plan, or


your pricing, strong product marketing always comes with a strategy.

Define - This is all about identifying your personas and applying


what you garnered from your discovery stage to shape customer
journey and communications.

English

https://www.productmarketingalliance.com/what-is-product-marketing/ 5/27
3/13/24, 12:31 PM What is Product Marketing? | Complete guide & strategies

Get set - Here, it's time to harness all your hard work thus far with
Share:
training, sales enablement sessions, and marketing campaigns so your
team is equipped to take the GTM by the horns and run with it.

Grow - This is where your post-launch process needs to kick in, to


ensure your product continues to flourish and evolve in its market.

0:00 / 1:05 1×

Download the framework

Product marketing vs product


management

There’s a lot of ambiguity around both roles, so you can be forgiven


for confusing Product Managers (PM) with Product Marketing
Managers (PMM), as many, many people do.

There are certainly some similarities, PMs and PMMs are all-rounders,
who can effectively work across product, marketing, and sales. Both
are responsible for product launches and both roles need to
coordinate different teams within an organization to ensure that the
product release is successful.

English

https://www.productmarketingalliance.com/what-is-product-marketing/ 6/27
3/13/24, 12:31 PM What is Product Marketing? | Complete guide & strategies

Share:

Check out the article below for more information:

Product manager vs product marketer: What’s the


difference?
There’s a lot of ambiguity around both roles, so you can
be forgiven for confusing Product Managers (PM) wit…

Product Marketing Alliance • • Emma Bilardi

What are some examples of product


marketing?
“Product marketers are the people responsible for being
able to deeply understand and therefore articulate what is
different and better and remarkable about your offering.”

April Dunford, Founder of Ambient Strategy

One of the challenges of product marketing is that we’re surrounded


by it 24/7 and yet people have a really tough time defining it.

The first step to understanding it might be understanding what it


isn’t. Think of Coca-Cola’s polar bear commercials. There wasn’t any
particular product push in there, the message was just ‘if you think of

English

https://www.productmarketingalliance.com/what-is-product-marketing/ 7/27
3/13/24, 12:31 PM What is Product Marketing? | Complete guide & strategies

Coca-Cola, think of the largest living land carnivore and have happy
Share:
thoughts’.

It didn’t matter if you buy a bottle of regular coke, a can of diet coke,
or a Coca-Cola t-shirt. This is brand marketing. On the other hand,
the Diet Coke break ads are pushing a particular product, Diet Coke,
and this is (a small part of) product marketing.

But it doesn’t end with ads. Coke’s product marketers would have had
to think about what the pricing of Diet Coke says about its position in
the market:

Is it a premium product that consumers are willing to pay


more for?
Should we sell Diet Coke in stores or through a mail-order
subscription service? Should we sell them in 330ml cans or
500ml?
Who are our consumers, the office ladies or the buff
construction worker?
Do people even like the taste?

After somebody at Coca-Cola’s labs came up with the formula for a


cola with fewer calories all these questions and 1,000s of others needed
to be answered and the answers need to feed back to the company so it
can create products people want to buy, avoiding any ‘New Coke’-
style mishaps.

Or, since the majority of PMA’s members are in the B2B SaaS space,
imagine a company’s developers have come up with a new piece of
marketing automation technology.

A product marketer might find there is a gap in the market for


marketing automation amongst small businesses, so it will follow that
theEnglish
software should have a low price and flexible subscription options,
https://www.productmarketingalliance.com/what-is-product-marketing/ 8/27
3/13/24, 12:31 PM What is Product Marketing? | Complete guide & strategies

and the website should make it clear that it’s for small businesses and
Share:
there’s little need for enterprise-level after-sales care like dedicated
customer contacts.

The insight that the particular technology the company made would
fit best with small businesses will affect everything from the go-to-
market strategy to the name, and it’s a product marketer’s role to
bring that all together.

Get all the intel on this page as your very own FREE eBook. As a tasty
bonus, you'll also get an exclusive article from Rockerbox's Maggie
Tharp – usually just for subscribers. Snag your copy now!

Download your free eBook

Why is product marketing important?

Important? It’s not just important, it’s critical.

Your company is going to sell products and services. If it doesn’t it


isn’t a company. Those products and services need to be things people
actually want to buy, and they need to be priced so people will want to
buy them.

Take Quibi for instance. This ‘two billion dollar faux pas’ is a classic
example of the need for solid product marketing. The phone-only
Netflix competitor tried to be the solution for a problem that didn’t
exist: offering five-minute TV shows to be consumed as ‘quick bites’
English

https://www.productmarketingalliance.com/what-is-product-marketing/ 9/27
3/13/24, 12:31 PM What is Product Marketing? | Complete guide & strategies

during downtimes like waiting in line for coffee or the commercials in


Share:
regular TV shows.

The problem: people already have a million ways to pass their time on
their phones during that time that don’t cost $7.99 a month.

A smart product marketer could have prevented this disaster with a


quick customer survey to show that people didn’t really want to watch
more shows during shows; instead, they went to market not knowing
who their customer was, what problem Quibi solved for them, or how
to sell it.

This was not a company that was ‘customer obsessed’.

And after you have a solid product and you know customers for it are
out there, product marketing allows you to:

Learn about your competitors.


Position the product in the market.
Differentiate your product from others.
Use customer feedback to improve it or create new products.

What is product marketing actually


responsible for?

English

https://www.productmarketingalliance.com/what-is-product-marketing/ 10/27
3/13/24, 12:31 PM What is Product Marketing? | Complete guide & strategies

Product marketing: Key responsibilities Share:

A product marketer’s responsibilities never fade and they’re at the


heart of products and customers before, during, and after launch.
Our 2023 State of Product Marketing report uncovered the most
common tasks they work on:

Product positioning and messaging (90%)


Managing product launches (87%)
Creating sales collateral (81%)
Storytelling (68%)
Sales enablement (67%)
Building personas (64%)
Competitive intelligence (59%)
Website management (58%)
Customer segmentation (43%)

English

https://www.productmarketingalliance.com/what-is-product-marketing/ 11/27
3/13/24, 12:31 PM What is Product Marketing? | Complete guide & strategies

Share:

As we touched on a little earlier though, the role varies from industry


to industry, company to company, and product to product, so what’s
a priority for someone else might not necessarily be one for you.

What do we mean by that?

For one product marketer, creating sales collateral might make up 60%
of their job and for another, it might account for just 25% of it.
Because the role is still relatively new, many organizations are still
finding their feet with it, which is one of the main causes of ambiguity.

So, let’s drill down into each of those responsibility areas in a bit more
detail.

1. Product messaging and positioning

Having a great product is...great, but what’s not so great is trying to


convince an entire market to buy it with one, blanket message. It just
doesn’t cut the mustard and that’s where product marketers are
instrumental.
English

https://www.productmarketingalliance.com/what-is-product-marketing/ 12/27
3/13/24, 12:31 PM What is Product Marketing? | Complete guide & strategies

The aim of messaging and positioning is to understand what does and


Share:
doesn’t make your market tick and then frame your product in a way
that resonates. In terms of templates, there are two pretty common,
industry-wide documents that help with this: messaging hierarchies
and positioning statements (spoiler, we have frameworks for each in
our membership plans).

Collectively, these answer important questions like:

Who’s the product for?


What unique problems does it solve?
Why’s it different to the competition?
How does it benefit our audience?

2. Managing product launches

Whether it’s a small-scale feature update or a full-blown new product,


launches are the cornerstone of the product marketing position.

We all know the iceberg analogy, right? Well, product marketers are
the people responsible for that pristine tip effortlessly sitting above the
water - all the while juggling the chaos that lies beneath.

The word ‘intersection’ is used a lot in product marketing and that’s


because it’s exactly where the role sits, at the intersection of many
departments - like sales, product, customer success, finance and
engineering - ensuring each is up-to-speed, pulling their weight, and
enabled.

3. Creating sales collateral

Sales collateral comes in all sorts of forms and the extent of what’s
required will largely depend on the type of launch.
English

https://www.productmarketingalliance.com/what-is-product-marketing/ 13/27
3/13/24, 12:31 PM What is Product Marketing? | Complete guide & strategies

For example, a small feature update that only impacts a subset of


Share:
existing customers might only need a tiny wording update on the
website and brief huddle with Sales and Customer Success to share the
details.

A new product, on the other hand, might require the whole hog -
demo videos, battlecards, fresh messaging and positioning, completely
new webpages, sales training - the lot.

If you’re new to the industry one thing worth bearing in mind is that
creating powerful sales collateral is one half of the battle, getting
customer-facing teams to actually use them is the other, so don’t
overlook your delivery - useful article to help with that below. 👇🏻

Useful resource: 22 sales enablement tools for product


marketers and How to get salespeople excited about your
launch.

4. Customer and market research

English

https://www.productmarketingalliance.com/what-is-product-marketing/ 14/27
3/13/24, 12:31 PM What is Product Marketing? | Complete guide & strategies

Next up is the pre-work. Before, during, and after any type of launch,
Share:
there’s research to be done.

Who’s the target market?


What are their requirements?
What are their defining features?
What do and don’t they like about our product?
Why did they choose the competition over us?
How do they think we can be even better?
What nice things do they have to say that can be turned into a
case study?

After all, without any of this, you’re as good as whacking your finger
in the air and seeing what sticks.

Now, when it comes to customer and market research there are a few
different brackets:

On top of all this, there's competitive intel too, which, in Layman's


terms, is the act of keeping on top of your competitors - i.e.
positioning changes, price increases or decreases, new products or
features, different marketing channels, etc.

English

https://www.productmarketingalliance.com/what-is-product-marketing/ 15/27
3/13/24, 12:31 PM What is Product Marketing? | Complete guide & strategies

This process is crucial in establishing yourself as the market leader and


Share:
maintaining customer retention rates.

Useful resources: How to create buyer personas and How to conduct


win-loss interviews.

5. Reporting on product marketing success

You could say KPIs are a bit of a grey area in product marketing - lots
of people have them, many also don’t. To give you a flavor of what
you’re looking at though, here are a few examples we’ve come across
on Slack and in our podcasts:

Number of daily, active, and/or monthly users,


Overall revenue goals,
Win rates,
Usage of product marketing assets,
Sales confidence - i.e. how confident the sales teams are in
pitching your product,
Marketing-qualified leads (MQLs) and sales-qualified leads
(SQLs), and
Customer satisfaction - using metrics like NPS scores.

6. Content marketing

Content marketing could be anything from blogs, whitepapers, and


case studies to social media posts, product guides, and sales one-
pagers.

We touched on it a little bit earlier, but the amount you’ll need to


channel your inner-wordsmith will depend on the company’s setup. If
there’s a team of copywriters built-in, odds are, you won’t need to take
ownership all the time.
English

https://www.productmarketingalliance.com/what-is-product-marketing/ 16/27
3/13/24, 12:31 PM What is Product Marketing? | Complete guide & strategies

Anyway, naturally, some product marketers feel more comfortable


Share:
with their copywriting skills than others and we’ve seen a fair few
requests for course recommendations around this - here are a few we
shared in a round-up a few months ago.

7. Managing the website

There’ll be exceptions, of course, but it’s rare that product marketing


will be responsible for a company’s entire website. Instead, this is more
a case of making sure:

New features and products are reflected across the site,


Elements relating to messaging and positioning are up-to-
date and working,
Everything is optimized - i.e. user experience (UX) and
product usage, and
In-app messages are scheduled and doing their job.

To name just a few.

8. Product roadmap planning

There’s no use sugarcoating it, some product marketers have a better


deal than others when it comes to this but in theory, the customer and
data-driven intel you gather should help shape product roadmaps.

For example, if you identify a meaningful percentage of customers


crying out for feature Y, when will this be penciled into the pipeline?
Or, if it’s already been decided product Z will be released in July, what
tasks do you need to complete to be ready for that launch?

Although Go-To-Market strategies are the product marketer’s


blueprint to success, the product roadmap is the overarching guide -
after all, without that, you’ve not got anything to launch.
English

https://www.productmarketingalliance.com/what-is-product-marketing/ 17/27
3/13/24, 12:31 PM What is Product Marketing? | Complete guide & strategies

9. Onboarding customers
Share:

What happens after you bag that brand new customer? Nothing?
Then they might not be around as long as you’d hoped. First
impressions count and a solid onboarding process ensure everyone
gets off to a good start and has everything they need to rinse all the
value out of your product.

When it comes to the crunch, the mechanics of this will largely


depend on the type of product you market - a B2B SaaS product will
look very different from a B2C consumer goods product, for example.
Focusing on the former, here’s a cadence framework from Intercom:

Does the perfect product marketer exist?

As part of our 2020 State of Product Marketing report, we asked a few


industry experts what they think the key ingredients are for the perfect
product marketer:

English

https://www.productmarketingalliance.com/what-is-product-marketing/ 18/27
3/13/24, 12:31 PM What is Product Marketing? | Complete guide & strategies

Share:

How does product marketing help sales?

Sales enablement is considered one of the most important functions


of the product marketing role. This is an area that is dedicated to
helping the sales teams with optimizing their sales technique to bring
in the most potential customers possible and close more and more
deals for the company.

In fact, in the 2023 State of Product Marketing Report, 80% of


PMMs said their core responsibilities involved creating sales collateral
and updating internal documentation, which has increased from last
year by 4.2%. The report also found that 45% of PMMs consider
product marketing to be a sales-focused role.

English

https://www.productmarketingalliance.com/what-is-product-marketing/ 19/27
3/13/24, 12:31 PM What is Product Marketing? | Complete guide & strategies

Share:

What is the most important part of


product marketing?

Who better to answer this question than Product Marketing


Alliance Founder & CEO, Rich King:

“In this day and age, it’s all too easy for companies to
quickly spin up products and rival their competition with the
same feature set, and even a similar story. IF no or low-
code is the future though, product marketing is the antidote
- if you want long-term, sustainable growth that is, anyway.

"There’s no doubt in my mind that product marketing


should be the first marketing hire. PMMs aren’t nice-to-
haves, or an extra layer to add to the department down the
line, they need to be the foundation of the product and
marketing team’s growth plans because they’re the ones
advocating your customers and ensuring company
outputs are in line with market needs.”

English

https://www.productmarketingalliance.com/what-is-product-marketing/ 20/27
3/13/24, 12:31 PM What is Product Marketing? | Complete guide & strategies

We also spoke to Elizabeth Brigham, Head of Product


Share:
Marketing(Software) at Morningstar, and she summed this up
perfectly, so in her words, not ours, here’s why:

“There are quotations out there that say anywhere between 80-90% of
new businesses fail, whether that's a startup, new product line or new
business being launched within an existing company.

“Some of those reports went back and asked CEOs or others within
the C suite, well, why do you think you failed? The number one
answer that comes back is product-market fit, and the way I break that
down is by saying, well, you've got a product and a lot of people might
think this is the cool, new shiny thing, and a lot of times what I've
seen, especially in smaller, more nascent companies, is the founder or
person who built it had that problem and then tries to go find a
market.

“Whereas product marketing actually assesses the market, what sort of


core competencies that organization already has, and then pulls that
empathy and understanding of the market into what should we go
build because we fundamentally understand there's an acute pain
point going on for which people are willing to pay for a solution, and
that is truly the value that a product marketing manager brings to the
table.

“It's taking down the risk or lowering the risk of investing a lot of
money, whether it's in people or product development or acquiring
something new, and de-risking that investment”

👏🏻

How is product marketing different from


other marketing roles?
English

https://www.productmarketingalliance.com/what-is-product-marketing/ 21/27
3/13/24, 12:31 PM What is Product Marketing? | Complete guide & strategies

Product marketing vs marketing


Share:
communications

A marketing team focuses on customer acquisition and converting


prospects into fully-fledged customers.

They also promote a company, an existing or new product, or a brand


and ensure the consistency of the marketing message.

Product marketing, on the other hand, focuses on marketing to


customers, driving demand and adoption, all with the goal of creating
happy, successful customers.

Product marketing is the process of bringing a product to market and


overseeing its overall success.

Product marketers are focused on understanding and marketing to


customers. They drive demand and usage of the product, focusing on
processes such as product positioning, sales enablement, product
messaging, buyer personas, metrics, meeting customer needs, and
product demos.

A product marketing team is integral to creating a deep understanding


of a product’s value to the target audience and generating brand
awareness.

Product marketing vs brand marketing

Brand marketing looks more at building brand awareness for a


company, and ensuring that its reputation remains positive.

Though, of course, this is still a responsibility of most roles in any


given organization, product marketing focuses more on driving sales
of specific products that an organization has.

English

https://www.productmarketingalliance.com/what-is-product-marketing/ 22/27
3/13/24, 12:31 PM What is Product Marketing? | Complete guide & strategies

In short, while both roles ensure sales are carried out, product
Share:
marketers look directly at what they’re selling, not who’s selling it.

Product marketing vs demand generation

Farhan Manjiyani, Product Marketing Manager at Grafana


Labs, outlines the difference between product marketing and demand
generation in 2 short sentences:

“If we oversimplify the marketing funnel into three stages – attract,


consider, and close – demand gen focuses on stage one (attract) and
product marketing focuses on stage three (close). Product marketing
should inform both attracting and informing buyers through their
consideration stages but should ultimately be responsible for the
‘closing’ stage.”

Product marketing vs field marketing

Kimberly Kaminski, Chief Marketing Officer at NS1 gave her


two cents on the difference between product marketing and field
marketing in her article:

“It’s your product marketing and field marketing teams that are in the
best position to be the headlights on your road to effective demand
generation. Both teams contribute valuable market-facing insights
that are critical to the successful planning, development, and
execution of demand generation programs and activities."

English

https://www.productmarketingalliance.com/what-is-product-marketing/ 23/27
3/13/24, 12:31 PM What is Product Marketing? | Complete guide & strategies

The BIG difference between marketing and product marketing


Share:

How do you get into product marketing?

The beauty of product marketing is there’s no such thing as one, set


path and this is something we’ve been asking as part of our Product
Marketing Insider podcasts. Without fail, this is how the conversation
goes…

Us: “What did your journey into product marketing look like?”

PMM: “Oh, I had quite a windy route into the role.”

Although by no means a prerequisite or requirement, some of the


most common backgrounds we hear are:

Product
Marketing
Sales
Customer Success
Project Management
Engineering.

If you’re looking to transition into product marketing and you’re


currently
English at a company that has the function built-in, our advice

https://www.productmarketingalliance.com/what-is-product-marketing/ 24/27
3/13/24, 12:31 PM What is Product Marketing? | Complete guide & strategies

would be to try and shadow some of their work and get as much
Share:
practical experience as possible - as well as reading up on some
industry resources too, of course.

Shameless but obligatory plug: our podcasts, resources, and blog are
full of lots of info for newbies and experts alike.

Elsewhere, here are a few really in-depth reading materials to get you
going:

The ultimate guide to getting a job in product marketing


How to get a career in product marketing
What skills do I need to be a product marketer?
Product marketing 101: Templates, strategies, and examples

Fancy yourself as a product marketing pro? Get PMA certified 👇

Follow us on LinkedIn

Contents
English

https://www.productmarketingalliance.com/what-is-product-marketing/ 25/27
3/13/24, 12:31 PM What is Product Marketing? | Complete guide & strategies

Share:
Tags

Go-to-Market Customer & Market Research

Related
Positioning &
messaging See all Positioning &
messaging

Positioning & Positioning & Positioning & Positioning &


messaging messaging messaging messaging

How product Words that sell: Message Why thought


marketers can Crafting value mapping: Key leadership is
create a value- propositions benefits and the key to Web3
driven content that convert how to do it product
strategy right adoption

January 17, 6 January 11, 7 November 9 July 12, 3


2024 min 2024 min 9, 2023 min 2023 min

ABOUT

English

https://www.productmarketingalliance.com/what-is-product-marketing/ 26/27
3/13/24, 12:31 PM What is Product Marketing? | Complete guide & strategies

Product Marketing Alliance was founded in Contribute


February 2019 with a mission of uniting Share:
product marketers across the globe. And it did Media Guide
just that.
Ambassadors
Let’s elevate product marketing together.
Privacy Policy

Terms of Service

Help Centre

RESOURCES GENERAL Learn

Podcasts PMM Certification Product marketing

Reports Events Positioning & messaging

PMM tools Membership Customer & market


research
AMAs Community
OKRs Personas

Go-to-market

Sales enablement

Competitor analysis

English

https://www.productmarketingalliance.com/what-is-product-marketing/ 27/27

You might also like