point - counterpoint: services vs product marketing, sumit virmani, infosys

Post on 26-Jun-2015

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Very few companies have achieved success with products as well as services. Is there a difference in skillsets required? What are the attributes of a successful marketer in both cases? What do we need to do to build successful product brands?

TRANSCRIPT

100% Marketing

Product & Service

Service Model

• Linear Investment

• Build IP

• Cost-based Pricing

• Technology Expertise

• Risk

Product Model

• Non Linear Investment

• Own IP

• Value-based Pricing

• Domain Expertise

• High Risk

the Distinction

S&M

Microsoft 22%

Oracle 20%

Cisco 23%

Enormity of Marketing Impact

Organization

Accenture

Infosys

9.3%

5.2%

FY 2010

S&M Organization

Wipro 5.8%

Scope The

IDEA

GENERATION

MARKET

VALIDATION PRODUCT

DEFINITION

PRODUCT

DEVELOPMENT PRODUCT

LAUNCH BRAND

DEVELOPMENT

MARKET

DEVELOPMENT CRM PRODUCT

EXECUTION

Ideate

Validate

Nurture the Concept

Pillar 1:

Pilot

Perfect

Take a Test Drive Pillar 2:

Buzz

Brand

Build an Identity Pillar 3:

Engage

Generate

Drive It Pillar 4:

Loyal

Model

Leverage

Create a Fan Following Pillar 5:

Marcom or Marketing

In Summary

Support or Lead

Art or Science

Questions Your

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