More and more companies nowadays seem to choose Product-Led Go-to-Market (GTM) as a way to grow.
In this context, most growth people have turned themselves into Product-led Go-to-Market advocates, looking for ways to grow a new product through the value that users experience with the product.
FullStory is a digital experience analytics platform for on-the-fly funnels, pixel-perfect replay, custom events, heat maps, advanced search, Dev Tools, and more.
It’s a product we really admire, and this is why we asked Melanie Crissey, the Product Marketing Manager at FullStory, to share her thoughts and opinions on Product-Led Go-to-Market (GTM).
Want to know what Melanie answered to us?
Just keep reading.
Melanie Crissey was a FullStory customer before joining the company in 2017.
Today, she helps FullStory customers find their “aha!” moments by delivering personalized product content and optimizing the trial experience for potential customers.
Let’s see what Melanie answered us when we asked about Product-Led Go-to-Market (GTM).
Big discussions about Product-Led Go-to-Market (GTM) are happening right now in part because buyers are bringing their consumer-specific expectations about customer experience into the workplace as they evaluate new products for their businesses.
More than ever, people are over-connected as individuals; you can’t necessarily leave your “work self” at the office any more.
Meanwhile, the software tools and the services we used to use exclusively in our personal lives are now delivering value for us as employees in companies and enterprise organizations.
In the “attention economy,” people don’t necessarily have the time or the patience to sit down and read the manual.
To stand out, you’ve got to deliver a product that’s intuitive and demonstrates its value proposition from the get-go.
The companies that embrace this will pull ahead and win.
It depends on the stage of your business and the preferences of your best-fit customers, buyer personas and use cases.
My two cents: don’t offer Freemium Go-to-Market strategy (GTM Strategy) until after you’ve proven product-market fit.
Early on, you want the potential customers to have some investment in your product so you can connect with them and grow the product to meet their needs and pain points.
A Free Trial is almost table stakes these days unless the implementation is particularly difficult and requires human help through sales teams or marketing teams.
Demos are all about meeting your target customers where they are with their preferred evaluation process.
If potential customers are asking for demos, find a way to give them demos.
Even if you don’t have a full Sales team, you can schedule a 30-minute demo webinar once a month and let people join. Give the people what they want. It’s the best Sales Strategy for customer acquisition and loyalty.
My key principles are:
In terms of mistakes to avoid:
Don’t make the mistake of letting your onboarding stop too soon.
Always be onboarding and nurturing customers to the next step in their journey and buying process.
Product efforts, Marketing efforts, Sales process, and Customer Success need to be completely aligned in a product-led company to achieve a laser-focused go-to-market plan.
This means, functionally, having:
1) Shared, clearly defined tenets about the customer experience you’re trying to deliver and also
2) Equal access to information.
As soon as your company gets in a position where Customer Success knows more about the product direction than Sales, or where Marketing is trying to sell a story that Product doesn’t feel comfortable hyping, hit “pause,” timeout, and take a step back.
Customer experience, at the core, is all about setting and upholding expectations.
No one designs a bad experience on purpose; it usually happens because of a mismatch in priorities, where a company puts its internal process ahead of what’s best for the customer.
To solve and prevent this, you need everyone who has a stake in the customer experience to be aligned around the same mission and equally empowered.
It also helps if everyone has access to the same data—whether that’s through your CRM or through your digital experience platform, something like FullStory.
In my mind, the future of product-led go-to-market (GTM) looks like GTM for the B2B Enterprise.
We’ll see—and, we’re already seeing—Product Marketing and Customer Success come together to champion product-led go-to-market plan and tactics in a shared effort to prevent churn.
Until now, many product leaders dismissed Product-led GTM as an approach for startups or small players alone.
The way I see it, Product-led GTM is just as crucial when you’re dealing with Enterprise customers.
Big companies have turnover.
When your power user leaves and the person who’s stepping into their shoes comes in to evaluate the stack, your app better be easy to adopt, discover, and—honestly—a tool that your target audience loves to use.
Otherwise, it’s on the chopping block as soon as the contract is up.
At the end of the day, no marketing strategy or marketing plan gives a clearer competitive advantage than real-life human interaction.
But, if you’re going to grow at scale, you’re going to need to build a product that translates the best aspects and traits of your people into the design. That’s the only a
Whether you’re in a tiny startup or part of a global Enterprise, the tech stack you use for work should make you feel more human—not less.
That’s where we’re headed.
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