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An Hour of Innovation with Vit Lyoshin

Expert Insights on Product Roadmaps and Go-to-Market Strategy | Gunjan Paliwal | #31

18 Sep 2024

Description

Gunjan Paliwal, Senior Product Development and Marketing Manager shares insights on product roadmaps and go-to-market strategies. Gunjan is an experienced product strategy and growth leader with a history of driving impact in tech and commerce. Takeaways * Prioritization is key when adding items to a product roadmap, considering impact and feasibility. * Balancing strategic work with maintenance is crucial for a healthy product. * Deep customer understanding is essential for successful go-to-market strategies. * Market research helps identify unmet needs and white space opportunities. * Positioning and messaging should be customer-centric and focus on unique value propositions. * Competitive analysis informs market positioning and identifies opportunities. * Promotional strategies can include content marketing, social media campaigns, email marketing, and influencer partnerships. * Product launch requires clear objectives, cross-functional collaboration, and a well-defined plan. * Success metrics for product launches vary but should align with objectives and include both quantitative and qualitative measures. * AI, specifically generative AI, can accelerate product development and enhance go-to-market strategies. * Product managers and marketers should prioritize collaboration, customer-centricity, communication, prioritization, staying nimble, and focusing on outcomes. Sponsors * Webflow - Create custom, responsive websites without coding: https://try.webflow.com/0lse98neclhe Connect with * Website: https://gunjanpaliwal.medium.com/ * LinkedIn: https://www.linkedin.com/in/gunjanpaliwal/ Timestamps 00:00 Introduction 02:36 Criteria to add work to a roadmap 04:55 Balancing strategic work and maintenance 08:48 Challenges with managing a roadmap 11:43 Collecting and adding feedback from users and stakeholders to a roadmap 15:58 Key components to a successful go-to-market strategy 19:39 Conducting market research 22:45 Identifying and segmenting your target audience? 26:19 Developing effective product positioning and messaging 28:56 How does competitive analysis inform your GTM strategy 32:24 Tactics for promoting a product 35:48 Measuring the success of a product launch 39:37 Mistakes product managers do when launching products 41:32 The impact of AI on product development 44:11 Advice from Gunjan Podcast Links * https://linktr.ee/anhourofinnovation Connect with Vit * Website: https://vitlyoshin.com/contact/ * LinkedIn: https://www.linkedin.com/in/vit-lyoshin/ Please subscribe, leave an honest review, and share with people you think will benefit from hearing this information.

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