Now from here onwards, things get interesting. We have worked on the Future Reality Tree. We have identified the possible chokes / constraints in the system. We have also exposed the unspoken assumptions in our thought pattern.
So now we realise that the same Product or Service can be used for different use cases. And based on the use case the delivery can be different, the users can be different and therefore the method to reach them to give them your message can be different. This is where the role of product management stands out.usto
Lets take a very mundane example of an everyday product – car engine oil. Every car needs it. There’s not too much differentiation. Now the engine oil can be sold to the OEMs – here its a bulk purchase. It can be sold to the authorised service centres of the car companies – it will still be bulk purchase but the quantity and therefore the negotiations will be different. And you can sell it at gas stations (so you have to talk to multiple gas stations and the quantities are smaller) And you could also sell it via maybe big box retailers.
For each of these different markets your packaging would change, the people you connect to for getting the deal change.
So you identify each segment and how you will reach them, what are the dynamics. A big OEM may not want to add another vendor to their existing suppliers even if you have better product specs, because it can hamper production/roll-out schedules.
On the other hand a gas station may only keep small quantities of small size packages. Since she already has existing suppliers giving the products why should she look at yours.
This is where your true marketing creativity comes out, when you start working backwards from the end result.
Till next time then.