Concept validation more
Business plan assistance more
Corporate/product positioning more
Target segment validation more
Target segment profiling more
Friend or foe assessments more
Market infrastructure ID more
Program recommendations more
Market-centric product definition more
Technology marketing instruction more
Marketing diagnostic more

Market-centric product definition
Ensure you're delivering exactly what your target prospect needs.

Your challenge
Engineers and product managers sometimes design what they think your prospects want. Ground your company's product or service development with irrefutable findings, gathered directly from your market.

How we help
The key to successful product definition is detailed understanding of the wants and needs, both tangible and intangible, of prospects in your target segment(s).

1. We begin with your current market segment and target customer intelligence, using research to add detail where needed

2. We form educated hypotheses about what your ideal offering might look like for your target customer, based on insights from where they seem to be on the technology adoption life cycle, budget considerations, political issues involving purchase decision hierarchy and other factors

3. We conduct interviews with prospects and market influencers, as many of them face-to-face as possible, to validate our hypotheses

4. We analyse, prioritize and rank our findings, presenting them in a way that make sense to your engineering and product management teams

Our methodology recognizes that complete products are comprised of core technologies (usually produced by engineering) and additional layers of value (tangible and intangible elements usually added by product management). We counsel clients to allocate proportionate resources to both.

Timeframe & Fees
Normally a 3-4 week engagement.
More exact timeframes and fees can be estimated after learning more about your specific business issues and state of your current strategy. Contact us to discuss your company and how we can help.

Related ways we can help
Target segment profiling – If you need more clarity on the wants and needs of propects in your target market, we can help.
more

contact us

© 1998-2007 Silicon Marketing Group | Privacy Policy | Terms Of Use