Product Management and Product Marketing in Innovation Driven Companies
22 Oct 2020 | 08:00 PM - 09:00 PM
Product Management and Product Marketing roles are relatively well understood and well defined in most tech companies. Getting products defined, built and delivered clearly fits in the Product Management purview whereas sales enablement and demand generation are clearly product marketing activities. In most companies, there is often a tussle between the two groups on the ownership of strategy definition, competitive analysis and market positioning. Often the scopes of the groups get defined based on the skills of the individuals in those roles or the organizational power of the executives in-charge of those groups.
For companies in the business of building and selling highly technical and innovative business-to- business solutions, the traditional framework of product management and product marketing responsibilities is unworkable. To be successful, these companies must adjust their models to address the communications needs of their prospects and customers.
There is no generic organizational template to define role definitions between Product Management and Product Marketing that fits all industries
High tech buyers expect to talk to those who really understand their industry and their needs and can speak to their solution with authority
Successful strategy emerges from the convergence of subject matter expertise and technical breakthroughs
Marketing Communication has become a highly specialized skill that needs its own rightful place alongside Product Management.
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