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Marketing & Product Development Patrick Mawhood Head of Product Manufacturing, Sky IQ

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Marketing & Product Development

Patrick MawhoodHead of Product Manufacturing, Sky IQ

Mar

ketin

g &

Pro

duct

Dev

elop

men

t Pat

rick

Maw

hood

Out

com

es fr

om th

is s

essi

on

•G

rasp

the

basi

cs o

f mar

ket r

esea

rch

•K

now

the

role

of p

rodu

cts

•Fo

cus

on th

e rig

ht id

eas

•D

eliv

er th

em e

ffect

ivel

y•

Mar

ket t

hem

suc

cess

fully

Res

earc

hD

eliv

erM

arke

t

Mar

ket R

esea

rchEn

viro

nmen

t

Mar

ketin

g &

Pro

duct

Dev

elop

men

t Pat

rick

Maw

hood

Mar

ket R

esea

rch

> In

trod

uctio

n

•W

hat i

s it

? Th

e ga

ther

ing

and

anal

ysis

of i

nfor

mat

ion

to q

ualif

y or

iden

tify

oppo

rtuni

ties.

•It

adds

val

ue b

y..

Pin

poin

ting

your

cus

tom

erD

escr

ibin

g th

eir t

raits

Siz

ing

thei

r pro

pens

ity to

buy

Gui

ding

you

r pric

ing

appr

oach

Ben

chm

arki

ng w

ith th

e co

mpe

titio

n

•A

ll of

this

qua

lifie

syo

ur o

ppor

tuni

ty.

Envi

ronm

ent

Mar

ketin

g &

Pro

duct

Dev

elop

men

t Pat

rick

Maw

hood

Mar

ket R

esea

rch

> In

trod

uctio

n

How

sho

uld

you

do it

?M

any

of u

s do

it u

ncon

scio

usly

Mar

ket r

esea

rch

just

app

lies

the

fram

ewor

k:

Let’s

look

at t

he 7

key

ste

ps:

1.D

efin

e th

e O

ppor

tuni

ty

2.S

et O

bjec

tives

3.S

elec

t Res

earc

h A

ppro

ach

4.D

esig

n th

e Q

uest

ionn

aire

5.C

olle

ct t

he D

ata

6.A

naly

se

7.A

pply

the

Find

ings

Envi

ronm

ent

Mar

ketin

g &

Pro

duct

Dev

elop

men

t Pat

rick

Maw

hood

Mar

ket R

esea

rch

> Th

e 7

Step

s

Def

ine

the

Opp

ortu

nity

To s

tart

with

, be

clea

r abo

ut w

hat t

he o

ppor

tuni

ty o

r pro

blem

is:

A n

ew p

rodu

ct o

r ser

vice

?

To ra

ise

awar

enes

s of

a c

urre

nt o

fferin

g ?

To b

oost

the

usag

e of

a w

ell k

now

n or

pub

licis

ed p

rodu

ct ?

Kee

p th

is in

min

d th

roug

hout

you

r res

earc

h.

1

Mar

ketin

g &

Pro

duct

Dev

elop

men

t Pat

rick

Maw

hood

Mar

ket R

esea

rch

> Th

e 7

Step

s

Set O

bjec

tives

Be

clea

r abo

ut th

e ou

tcom

es y

ou a

re lo

okin

g fo

r:

Exp

lorin

g a

new

opp

ortu

nity

?

Gau

ging

a p

oten

tial p

rice

poin

t ?

Test

ing

a pa

ckag

ing

stra

tegy

?

Est

ablis

h a

budg

et a

nd s

tick

to it

.

How

muc

h do

you

nee

d ?

How

muc

h do

you

hav

e ?

2% g

ross

sal

es is

a c

omm

on p

ropo

rtion

Set

a re

alis

tic ti

mes

cale

2

Mar

ketin

g &

Pro

duct

Dev

elop

men

t Pat

rick

Maw

hood

Mar

ket R

esea

rch

> Th

e 7

Step

s

Sele

ct R

esea

rch

App

roac

h

Ther

e ar

e tw

o ty

pes

of re

sear

ch:

Prim

ary,

orig

inal

rese

arch

Sec

onda

ry re

sear

ch

Bas

e yo

ur c

hoic

e on

you

r obj

ectiv

es a

nd y

our b

udge

t

3

or..

?

Mar

ketin

g &

Pro

duct

Dev

elop

men

t Pat

rick

Maw

hood

Mar

ket R

esea

rch

> Th

e 7

Step

s

Des

ign

the

Que

stio

nnai

re

Kee

p it

clea

r and

sim

ple

Giv

e in

stru

ctio

ns fo

r com

plet

ion

Sta

rt ge

nera

l, be

com

e sp

ecifi

c

Kee

p qu

estio

ns c

onci

se

Mak

e it

easy

to re

ad

Use

a m

ix o

f ope

n en

ded,

mul

tiple

cho

ice

and

clos

ed q

uest

ions

Test

it b

efor

e co

mm

ittin

g m

ajor

spe

nd

Avo

id q

uest

ions

that

are

: lea

ding

, am

bigu

ous,

una

nsw

erab

le, t

wo

ques

tions

in o

ne

4

Mar

ketin

g &

Pro

duct

Dev

elop

men

t Pat

rick

Maw

hood

Mar

ket R

esea

rch

> Th

e 7

Step

s

Col

lect

the

Dat

a

Bes

t way

to a

void

bia

s is

to u

se p

rofe

ssio

nal r

esea

rche

rs (m

ore

cost

)

An

alte

rnat

ive

is a

n on

line

surv

ey (c

heap

er)

5

> Tr

y S

urve

y M

onke

y fo

r onl

ine

surv

eys

Mar

ketin

g &

Pro

duct

Dev

elop

men

t Pat

rick

Maw

hood

Mar

ket R

esea

rch

> Th

e 7

Step

s

Ana

lyse

the

Dat

a

Firs

tly it

nee

ds to

be

clea

nsed

:

Edi

t

Col

late

Then

ana

lyse

it:

Qua

ntify

the

resu

lts

Sep

arat

e ou

t the

sub

ject

ive

info

rmat

ion

Rea

d be

twee

n th

e lin

es, w

hat d

oes

this

real

ly m

ean?

6

> U

se E

xcel

for c

olla

ting

and

anal

ysin

g th

e da

ta

Mar

ketin

g &

Pro

duct

Dev

elop

men

t Pat

rick

Maw

hood

Mar

ket R

esea

rch

> Th

e 7

Step

s

App

ly th

e fin

ding

s

Now

that

you

und

erst

and

wha

t the

rese

arch

is te

lling

you

, wha

t are

you

goi

ng to

do

abou

t it ?

Adj

ust y

our p

rodu

ct?

Dis

card

you

r pro

duct

?

Cha

nge

your

mar

ketin

g ac

tiviti

es?

Alte

r you

r pric

es?

Be

care

ful w

hen

you

appl

y th

ese

chan

ges

–us

e te

sts

whe

reve

r pos

sibl

e

7

Prod

uct D

evel

opm

ent

Envi

ronm

ent

Pro

duct

Dev

elop

men

t >

Idea

Gen

erat

ion

Cus

tom

ers

Pro

spec

ts

Com

petit

ors Insp

iratio

n

Sal

es

Eng

inee

rs

Des

igne

rs

Pro

duct

Dev

elop

men

t >

Idea

Gen

erat

ion

•C

aptu

re a

llof

them

•M

ake

them

vis

ible

(use

a s

impl

e to

ol)

•G

et th

em c

ritic

ised

& re

cons

truct

ed

•S

tay

focu

ssed

on

the

“wha

t”

•D

on’t

get h

ung

up o

n th

e “h

ow”

Pro

duct

Dev

elop

men

t >

Prio

ritis

atio

n

Sug

gest

ion

Idea

Idea

Req

uest

Idea

Dem

and

•Fi

nite

reso

urce

s

•Ti

me

to m

arke

t

•Yo

ur o

wn

time

•Q

ualit

y is

exp

ecte

d

•D

eals

are

ridi

ng o

n it

Pro

duct

Dev

elop

men

t >

Prio

ritis

atio

n by

val

ue

•S

tep

1: S

core

the

valu

eof

eac

h id

ea.

App

ly c

riter

ia b

ased

on

your

busi

ness

goa

ls

oN

ew re

venu

e ?

oR

even

ue re

tent

ion

?

oA

dopt

ion

?

oU

ser E

xper

ienc

e ?

•U

se a

sim

ple

scal

e: 1

low

est,

5 hi

ghes

t

Pro

duct

Dev

elop

men

t >

Prio

ritis

atio

n

•E

xam

ple

The

idea

: a d

eskt

op s

earc

h w

idge

t

Doe

s it

gene

rate

new

reve

nue

? N

o. B

ut it

will

enc

oura

ge

adop

tion

of m

y so

ftwar

e an

d w

ill k

eep

exis

ting

cust

omer

s lo

yal.

New

Rev

enue

Sco

re: 0

Rev

enue

Pro

tect

ion

Sco

re: 3

Ado

ptio

n S

core

: 5

Scor

e fo

r thi

s id

ea: 8

Pro

duct

Dev

elop

men

t >

Prio

ritis

atio

n

•S

tep

2: S

core

the

com

plex

ityof

eac

h id

ea. T

ailo

r the

se c

riter

ia to

you

r

busi

ness

.

oIn

frast

ruct

ure

oTi

me

oR

esou

rces

•U

se a

sim

ple

scal

e: 1

low

est,

5 hi

ghes

t.

Pro

duct

Dev

elop

men

t >

Prio

ritis

atio

n

•E

xam

ple

The

idea

: a d

eskt

op s

earc

h w

idge

t

How

com

plex

is it

? Its

pre

tty s

traig

htfo

rwar

d. 3

man

wee

ks

of d

evel

opm

ent b

ut o

nly

Fred

can

bui

ld th

is k

ind

of th

ing.

H

e’s

max

ed o

ut w

ith o

ur n

ext m

ajor

upg

rade

. We

can

mai

nly

use

exis

ting

infra

stru

ctur

e fo

r mos

t of i

t

Infra

stru

ctur

e S

core

: 1R

esou

rces

Sco

re: 3

Opp

ortu

nity

Cos

t Sco

re: 5

Scor

e fo

r thi

s id

ea: 9

Pro

duct

Dev

elop

men

t >

A s

impl

e ap

proa

ch to

prio

ritie

sVALUE

CO

MPL

EXIT

Y

Pro

duct

Dev

elop

men

t >

Del

iver

y

•Tw

o ke

y de

velo

pmen

t met

hods

:

oA

gile

–in

crem

enta

l, ite

rativ

e

oP

redi

ctiv

e, w

ater

fall

-pla

nned

•P

ros

& C

ons

oTh

e ag

ile a

ppro

ach

can

adap

t to

mar

ket c

hang

es

oTh

e w

ater

fall

appr

oach

is s

uite

d to

del

iver

ing

maj

or s

tep

chan

ges

Pro

duct

Dev

elop

men

t >

Del

iver

y

Sta

keho

lder

eng

agem

ent

oId

eas

phas

e –

mak

e su

re th

e rig

ht p

eopl

e ar

e in

volv

ed

oIn

itiat

ion

phas

e –

you’

re s

erio

us a

bout

eva

luat

ing

the

initi

ativ

e in

det

ail

oC

omm

itmen

t–yo

u’ve

siz

ed th

e ef

fort

invo

lved

and

you

’re s

eeki

ng a

form

al

com

mitm

ent

oR

eady

For

Ext

erna

l Eye

s –

it’s

been

bui

lt an

d te

sted

and

is re

ady

to s

how

to a

cust

omer

oR

eady

For

Ful

l Lau

nch

–yo

u’ve

sho

wn

it to

som

e cu

stom

ers,

you

’ve

twea

ked

it

a bi

t. N

ow it

s re

ady

for a

wid

er la

unch

Pro

duct

Dev

elop

men

t >

Sum

mar

y

•R

ecog

nise

the

thre

e co

rner

ston

es:

oId

ea G

ener

atio

n

oP

riorit

isat

ion

oD

eliv

ery

•Fo

rce

your

self

to m

ake

deci

sion

s

•S

hare

you

r dec

isio

ns a

nd th

e re

ason

ing

behi

nd th

em w

ith y

our s

take

hold

ers

•Th

is c

reat

es a

virt

uous

circ

le

Mar

ketin

g C

omm

unic

atio

nsEn

viro

nmen

t

Mar

ketin

g &

Pro

duct

Dev

elop

men

t Pat

rick

Maw

hood

Mar

ketin

g C

omm

unic

atio

ns>

Intr

oduc

tion

•W

hat i

s M

arke

ting

Com

mun

icat

ions

?•

The

prom

otio

n “b

it” o

f mar

ketin

g

•H

ow is

it d

one

?•

Dire

ct m

arke

ting

–ta

rget

ed, t

rack

able

& m

easu

rabl

e.

•M

ass

adve

rtisi

ng –

focu

s on

bui

ldin

g an

d m

aint

aini

ng b

rand

aw

aren

ess

•P

ublic

Rel

atio

ns (P

R) –

gene

ratin

g an

d m

axim

isin

g“fr

ee” e

dito

rial c

over

age

Mar

ketin

g &

Pro

duct

Dev

elop

men

t Pat

rick

Maw

hood

Mar

ketin

g C

omm

unic

atio

ns>

Intr

oduc

tion

•W

hat a

re th

e to

ols

to u

se ?

•S

ocia

l med

ia

•S

earc

h m

arke

ting

(onl

ine)

•TV

adv

ertis

ing

•O

utdo

or d

ispl

ay

•P

rint a

dver

tisin

g

•Te

lesa

les

•M

ailin

gs

•Fa

ce to

face

sel

ling

Mar

ketin

g &

Pro

duct

Dev

elop

men

t Pat

rick

Maw

hood

Mar

ketin

g C

omm

unic

atio

ns>

PR

•W

hat’s

the

purp

ose

of P

R ?

To g

et y

our n

ame

know

n •

An

agen

cy c

an b

e co

stly

. Sta

rt by

taki

ng g

ood

care

of y

our f

irst c

usto

mer

s, th

is w

ill le

ad

to re

ferr

als.

Giv

e th

em m

ore

than

they

exp

ect:

oB

e on

tim

eo

Ret

urn

thei

r cal

ls p

rom

ptly

oG

ive

them

mor

e th

an th

ey w

ere

expe

ctin

g. G

et th

e ba

sics

righ

t –re

turn

cal

ls,

be o

n tim

e•

Mak

e su

re y

ou h

ave

a cl

ear a

nd c

onsi

sten

t bra

nd id

entit

y•

Bui

ld u

p yo

ur re

puta

tion

as a

n ex

pert

in y

our f

ield

•D

o so

met

hing

atte

ntio

n gr

abbi

ng to

attr

act p

ositi

vem

edia

atte

ntio

n to

you

r bus

ines

s

Mar

ketin

g &

Pro

duct

Dev

elop

men

t Pat

rick

Maw

hood

Mar

ketin

g C

omm

unic

atio

ns>

Soci

al M

edia

•H

ow c

an S

ocia

l Med

ia h

elp

build

you

r bus

ines

s?E

stab

lish

a re

puta

tion

(Lin

kedI

n)K

eep

cust

omer

s up

date

d, w

ell s

erve

d (T

witt

er)

Leve

rage

refe

rral

s to

driv

e sa

les

(Fac

eboo

k)A

ll of

this

at n

ext t

o no

cos

t !•

Get

sig

ned

up a

nd s

tart

inte

ract

ing

with

you

r aud

ienc

e

Mar

ketin

g &

Pro

duct

Dev

elop

men

t Pat

rick

Maw

hood

Mar

ketin

g C

omm

unic

atio

ns>

Sear

ch &

Onl

ine

Mar

ketin

g

•G

et a

web

site

•B

uild

a w

eb p

rese

nce

•N

atur

al p

age

rank

ing

(pai

nsta

king

, tim

e co

nsum

ing)

•B

uy tr

affic

(tar

gete

d, c

ost e

ffect

ive)

•O

ffset

you

r tra

ffic

purc

hase

s by

dis

play

ing

othe

r peo

ple’

s ad

s

Sta

y on

top

of y

our s

pend

! G

oogl

e ha

s to

ols

to h

elp

you

with

this

<>

If co

ding

isn’

t you

r thi

ng, a

che

ap a

ltern

ativ

e is

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1 ho

stin

g

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