BoSON21 | Asia Orangio | 7 Horrors of Go To Market GTM Strategy

marklittlewood 38 views 51 slides Aug 01, 2024
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About This Presentation

Asia shares the seven horrors that await your go to market strategy as it cranks into action.

Why do those carefully thought through plans fall apart? Why does marketing get more complex, costly and show increasingly less return? In this talk, Asia helps you recognize the symptoms to look out for t...


Slide Content

The 7 Horrors of
Go-to-Market Strategy

The BINARY
@asiaorangio demandmaven.io

“This absolutely has to work or else.”
@asiaorangio demandmaven.io

“This absolutely has to work or else.”
@asiaorangio demandmaven.io

“There’s only one perfect channel and we need to find it.”

@asiaorangio demandmaven.io

“There’s only one perfect channel and we need to find it.”

@asiaorangio demandmaven.io

“We need to find the one thing that will make us grow.”



@asiaorangio demandmaven.io

“We need to find the one thing that will make us grow.”



@asiaorangio demandmaven.io

The Indebted
@asiaorangio demandmaven.io

“We can’t measure the performance of our funnel.”



@asiaorangio demandmaven.io

“We can’t measure the performance of our funnel.”



@asiaorangio demandmaven.io

“We’re still manually calculating free trial to paid conversion rate.”
@asiaorangio demandmaven.io

“We’re still manually calculating free trial to paid conversion rate.”
@asiaorangio demandmaven.io

“We’re not sure what’s broken from a funnel perspective.”
@asiaorangio demandmaven.io

“We’re not sure what’s broken from a funnel perspective.”
@asiaorangio demandmaven.io

The Vague
@asiaorangio demandmaven.io

“We’re targeting small businesses in the United States.”


@asiaorangio demandmaven.io

“We’re targeting small businesses in the United States.”


@asiaorangio demandmaven.io

“Our strategy is to focus on inbound.”


@asiaorangio demandmaven.io

“Our strategy is to focus on inbound.”


@asiaorangio demandmaven.io

“We’re not really sure why customers choose our product over
others.”


@asiaorangio demandmaven.io

“We’re not really sure why customers choose our product over
others.”


@asiaorangio demandmaven.io

The VaIN
@asiaorangio demandmaven.io

“I don’t like LinkedIn so I don’t think we’ll use it.”


@asiaorangio demandmaven.io

“I don’t like LinkedIn so I don’t think we’ll use it.”


@asiaorangio demandmaven.io

“I never use Google (and I don’t think our customers would either)”




@asiaorangio demandmaven.io

“I never use Google (and I don’t think our customers would either)”




@asiaorangio demandmaven.io

The Unknown
@asiaorangio demandmaven.io

“I don’t know what I don’t know (so I do nothing).”
@asiaorangio demandmaven.io

“I don’t know what I don’t know (so I do nothing).”
@asiaorangio demandmaven.io

“I don’t know how to do Google Ads.”
@asiaorangio demandmaven.io

“I don’t know how to do Google Ads.”
@asiaorangio demandmaven.io

“I don’t know what information to react to and what to ignore.”
@asiaorangio demandmaven.io

“I don’t know what information to react to and what to ignore.”
@asiaorangio demandmaven.io

The Unvetted
@asiaorangio demandmaven.io

“We haven’t done customer research in years.”
@asiaorangio demandmaven.io

“We haven’t done customer research in years.”
@asiaorangio demandmaven.io

“We built the product but now we’re trying to find a market for it.”

@asiaorangio demandmaven.io

“We built the product but now we’re trying to find a market for it.”

@asiaorangio demandmaven.io

BONUS:
The undone
@asiaorangio demandmaven.io

“We’re definitely not consistent in
our execution.”
@asiaorangio demandmaven.io

“I’ve always said we have a process
problem more than anything.”
@asiaorangio demandmaven.io

“We can’t seem to get anything
done or make progress towards
goals.”
@asiaorangio demandmaven.io

How to prevent these horrors:

First, take a step back and just breathe. Then, check for these three things:

@asiaorangio demandmaven.io

How to prevent these horrors:

First, take a step back and just breathe. Then, check for these three things:

1.Clarity: Ask are we clear on the goal, audience, and objectives?
What has to be true in order for you to “win”? What are the
requirements?

@asiaorangio demandmaven.io

How to prevent these horrors:

First, take a step back and just breathe. Then, check for these three things:

1.Clarity: Ask are we clear on the goal, audience, and objectives?
What has to be true in order for you to “win”? What are the
requirements?

2.Focus: Realign on the strategic initiatives and your “big bets” to get
there. Anything else is noise. Do less, achieve more.

@asiaorangio demandmaven.io

How to prevent these horrors:

First, take a step back and just breathe. Then, check for these three things:

1.Clarity: Ask are we clear on the goal, audience, and objectives?
What has to be true in order for you to “win”? What are the
requirements?

2.Focus: Realign on the strategic initiatives and your “big bets” to get
there. Anything else is noise. Do less, achieve more.

3.Cohesive: Do all of these pieces fit together? Have our assumptions
been checked?
@asiaorangio demandmaven.io

Where do these horrors occur?

They show up in many places and always when it is least wanted:

1.Defining any kind of strategy — marketing, GTM, sales, you name it
a.Choosing markets, customer segments, channels, etc.
2.Aligning the team on strategic priorities
3.Writing user stories and product roadmapping
4.Determining positioning, messaging, and value propositions
5.Identifying customer segments to target
6.Any kind of goal, objective, or strategic priority
7.Delegation of certain projects or objectives

@asiaorangio demandmaven.io

Questions to ask:


1.Can our strategy be more precise?
2.Do we have a very clear understanding of customer jobs?
3.Can inputs and outcomes of our activity be measured?
4.Is our approach all or nothing or iterative experiments?
5.What single most important hypothesis do we want to
test?
6.What unknown factor is most important? What resource
or experiment can help us understand this?
7.Can we build an execution machine once strategy is
defined?
@asiaorangio demandmaven.io

Thank You!


@asiaorangio
[email protected]
demandmaven.io

Breakout Discussion


1.Have you experienced any of these horrors?

2.How did you overcome them internally? What are some
ways you can stay strategically clear throughout your
growth or GTM process?
@asiaorangio demandmaven.io
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