Bringing products to market is every company’s top job in the long run. No customers, no business. Fittingly, then, as product life cycles grew increasingly shorter over the past few decades, mostly driven by technology, the corporate function of Product Marketing emerged to enable companies to become more effective and efficient in their go-to-market efforts.
Spanning a variety of organizational flavors and implementations, Product Marketing aims to bridge a company’s Product function, which tends to be anchored in the set of internal capabilities, with its outward-looking functions of Marketing and Sales.
Through product stories, go-to-market strategies, and other enabling mechanisms, the function strives to sustain and advance the company’s flows of information and value toward the customer, patching any rifts that tend to naturally appear as product life cycles shrink over time.
Product Marketing plays an essential role in a company’s long-term success, ensuring fit in increasingly dynamic environments. Successful leaders — seeing their companies as evolving collections of profit-generating business spaces, each defined by a product and a set of customers with the same behavior relative to the product — understand and shrewdly employ the growing and differentiating power of the Product Marketing function with its seven distinct strategic plays.
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