Blogs

Geoffrey Moore | Mark Cavender | Michael Eckhardt | Andrew Salzman | Philip Lay

Join us as we discuss current topics in high-tech marketing

Blogs by the Chasm Institute Team & Colleagues

 
     
12
Apr 2016
Back

A System of Record for Market Development

A System of Record for Market Development

Sports teams have one for each game. Theatre companies have one for each production. Political parties have one for each campaign. And high-tech companies...well, not so fast. What are we talking about? Playbooks. Their purpose: to coordinate a group of autonomous individuals, performing a complex activity, to achieve a predetermined and gratifying result. 

High-tech businesses, whether start-ups or flourishing enterprises, succeed often not because they have a great playbook, but in spite of the fact that they do not have a playbook. A playbook should spell out specific responses to the following questions:

  • Are we managing our categories correctly?
  • Are we optimizing our product strategies based on the right criteria?
  • Have we created user scenarios that clearly explain the business issues of our customers?
  • Do we have a clearly defined strategy for each market development initiative?
  • Do we have clearly defined go-to-market programs for implementing each market development initiative?

Drive your team through these five questions for each of your major offers, and you will have a playbook for market success.

At Chasm Institute we've helped hundreds of high-tech companies create and implement playbooks for their market development initiatives. And now, we're delighted to introduce ChasmPlaybook, a strategic market development application for planning, executing, and tracking unlimited market development initiatives in key customer segments. It is based in part on tools from Geoffrey Moore's best-selling books "Crossing the Chasm" and "Escape Velocity." It is a system of record for market development.

  • Brainstorm and prioritize market development initiatives. Create end-user customer "before" and "after" cases, then analyze and score each case, and prioritize them based on the nine critical success factors shown below.
  • Create a detailed strategy for market leadership. Collaboratively define all elements of your strategy including target customer, compelling reason to buy, whole product, partners & allies, distribution, pricing, competition, positioning, and next target.

  • Define and implement go-to-market programs. Create your whole product solution, analyze and prioritize whole product partners, define specific marketing messages, analyze and prioritize distribution partners, define marketing communications programs, and define sales support programs.

ChasmPlaybook helps high-tech teams collaboratively plan, execute, and track strategies to create and sustain market leadership for multiple Vertical Market Initiatives. It helps teams gain clarity regarding their categories and Tech Market Model placement, get consensus on product marketing strategies, explore and prioritize end-user scenarios, manage Target Market Initiatives, and define and execute go-to-market programs. Built on Salesforce.com’s Force.com platform, it is seamlessly integrated with the Salesforce Sales Cloud CRM data including Leads, Accounts, Contacts, and Opportunities.

ChasmPlaybook is designed for large companies with multiple Vertical Market Initiatives. It may also be used in a myriad of other applications such as Horizon 2 initiatives to take new technologies created internally across the chasm, venture capital portfolio management, corporate entrepreneuring, and crossing the chasm in accelerators and technology business parks.

ChasmPlaybook is available on the Salesforce.com AppExchange here.

Bloggers

 
     

Key Topics

 
     

Here's Our Point of View

What's Yours?

CONTACT US

Parallax

Chasm Institute LLC helps high-tech teams learn, apply, and implement best practices in market development strategy. These best practices are based on Geoffrey Moore's best-selling books Crossing the Chasm, Inside the Tornado, Living on the Fault Line, Dealing with Darwin, and Escape Velocity plus hundreds of client engagements with high-tech companies. 

Chasm Institute helps companies align their product development, marketing, and sales functions to achieve and maintain market leadership in their categories.

RECENT NEWS

28
Aug 2017
Chasm Institute Makes Rare Director Appointment

Tobias Yergin Brings Customer-Centric Product Strategy Expertise to the Firm. Chasm Institute LLC announced today that Tobias Yergin has joined the firm.

read more ...
26
Jul 2017
CHASM INSTITUTE BRINGS ITS NEWEST BOOKS AND INNOVATION EXPERTISE TO JAPAN

The Japanese economy has long been renowned for its manufacturing expertise and its adherence to the quality principles of kaizen.  While this brought great success to Japan through the 1980s, the economy has yet to fully recover from the bursting of the “Nikkei Bubble” in 1990.

read more ...
12
Apr 2016
Chasm Institute Announces Initial Release of ChasmPlaybook

Today Chasm Institute announced the initial release of ChasmPlaybook, a native Salesforce.com application Read more ...

09
Sep 2014
Chasm Institute Honored with Brandon Hall Excellence Award

Chasm Institute and our cleint Quantu7 were selected by the Brandon Hall 

read more ...
27
Aug 2014
Chasm Institute Mentors Intel "Make It Wearable" Finalist

Intel today announced the finalists in its "Make It Wearable" program, highlighting 10

read more ...

Twitter


Keep Informed

Stay informed about webinars, speaking engagements, blogs, and news about Chasm Institute. We promise to keep your information private and will never sell it or give it to anyone.