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Go-to-Market (GTM) �Strategy

Template

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GTM Template

No Jargon or long old strategic documents!

This is our internal step-by-step record for Product launch.

(Just be honest when you fill it up)

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If You’re One of the these, You Surely Need a GTM

  • Individual or Company testing a new product in a new market
  • Individual or Company adding a feature upgrade to an existing product
  • Individual or Company expanding an existing product in a new market
  • Individual or Company launching a new product in an already existing market

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Now that you know you’re on the list, let us understand - What is GTM?

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What is a Go-to-Market (GTM) Strategy?

The Product Marketers call it the bread and butter of Product Marketing. They say a Go-to-Market strategy can either make or break your Product.

In simple terms, it is a framework used for your marketing and sales process to solve a meaningful customer problem and grow your business through a new product launch or upgrading an existing product.

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Let’s Begin…

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Product Tagline

[Mention in one line Why people should buy your product].

Few Examples:

  • What is Webflow? The world's most powerful all-in-one design platform
  • What is Content Beta? Full stack creative team on subscription for software companies.
  • What is Slack? A messaging app for business
  • What is Wistia? Video software for the video-loving business
  • What is Pendo? The Software that makes your software better

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Your Story

Never straightforwardly pitch your product. Your audience loves to hear a story.

#Frame a Story based on the Problem you solve and offer them a Solution.

#The Solution is the product you are about to launch.

#Support your Solution with examples - Customer Success stories, case studies, testimonials, etc.

(Nobody likes to read long documents to know what made you launch the product)

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Your Company Information

[Now that you have built your Product tagline and framed your Story, enter your Company details, your Mission & Vision]

Company Name:

Founded Year:

Mission:

Vision:

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Value Proposition

What is the real-world problem that your product solves?

How does it solve the problem better than other similar products in the market?

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Your Target Market

Who is the ideal audience of your product or service?

[Identify your target audience based on geography, demographics, profession and sector].

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Your Customers

[Showcase your best customers/client logos/pick ones that would serve as references].

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Product Positioning

What your customers have to believe in order to take action?

[Compare your strengths and weaknesses to your competitors]

STRENGTH

WEAKNESSES

OPPORTUNITIES

THREATS

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Your Product

What sets you apart from your competitors? [Analyze your company's product strategy and compare with your competitors]

Your Company

Competitor #1

Competitor #2

Competitor #3

Feature #1

Feature #2

Feature #3

Feature #4

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Product Market Fit

Don't take product market fit for granted; keep innovating along with market and customer trends.

#Your customer knows how they can receive value from your product.

#Which target market is realising the most value?

#What part of your product or service is delivering the most value to your customer?

#How can you assure to keep your customers satisfied in the long run?

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Product Pricing

Showcase your pricing plans along with features you provide in each

Basic

Standard

Premium

Price

__$

__$

__$

Feature #1

Feature #2

Feature #3

Feature #4

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[Plot the framework for acquiring new customers and driving sales through new product promotion]

  1. Product - short description
  2. Place - short description
  3. Pricing - short description
  4. Promotion - short description

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Make a list of everything you want to strategize for marketing your product

  • Promo Video
  • Product/feature demos
  • Adoption docs/videos
  • Beta User Testimonial
  • Product UI GIFs
  • Social Media Graphics
  • Presentation Deck
  • Landing Page Design
  • Release Notes

  • Blog
  • Product Data sheet
  • How-to article

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  • Promo Video
  • Product/features demos
  • Adoption docs/videos
  • Beta Users Testimonial
  • Product UI GIFs
  • Social Media Graphics
  • Presentation Deck
  • Landing Page Design
  • Release Notes
  • Blog
  • Product Data Sheet
  • How-to Articles

Learn more →

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Set a time frame for marketing your product through:

  • Email Marketing
  • Social Media Marketing
  • Public relations
  • Lead generation

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Product Launch Checklist

Cross-check all above with Product Launch Plan checklist

  1. Get to know your customers
  2. Create a positioning statement
  3. Share your positioning with stakeholders
  4. Develop a go-to-market strategy
  5. Identify a launch goal
  6. Content creation for promotional purposes
  7. Get your team ready
  8. Product launch

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