A Smart Bear: Startups and Marketing for Geeks

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Why “saving money” and “ROI” are probably the wrong way to sell your product

A Smart Bear: Startups and Marketing for Geeks

This isn’t just true with engineering productivity. In the case of Code Collaborator, the customer buys because they genuinely believe this makes for a more productive team, even though they cannot in fact quantify ROI. No, they’re still spending $30k, but theoretically with much more output, i.e. higher efficiency.

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What’s The Important Thing, that is powerful enough to override all your deficiencies?

A Smart Bear: Startups and Marketing for Geeks

I apologize in advance for using the dang iPhone as an example but… The iPhone is one of the most successful and important products of the past few decades. You could type git push production and your site went live. Do they solve all those problems at once, or at least quickly? It was a terrible phone, ironically.

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Kung Fu

A Smart Bear: Startups and Marketing for Geeks

Sometimes that’s airtight product/market it. Sometimes that’s product design so thrilling that every customer spreads the word to five more. Instead, watch payback period for acquisition efficiency, watch retention for product/market fit, watch expansion revenue for long-term growth, and watch gross margin for long-term profitability.

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The Code is your Enemy

A Smart Bear: Startups and Marketing for Geeks

We can all write code — at least well enough to get a product launched and through a few iterations. Well it will still be hard to locate them after you’ve built a product, and then it’s unlikely the product matches what they want! Most startups fail, despite excellent coding and/or design skills.

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A Scorecard: Should a decision be fast, or slow?

A Smart Bear: Startups and Marketing for Geeks

Fast decisions leads to rapid action, which accelerates the loop of production and feedback, which is how you outpace and out-learn a competitor, even one that already has a lead. How do you know when your current decision should be made slowly: contemplative, collaborative, deliberate, data-driven, even agonizing?

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Pricing determines your business

A Smart Bear: Startups and Marketing for Geeks

Price is as important as any other feature to determine product/market “fit.” ” How many times have you seen someone struggle with an inferior product because they cannot afford the better one? Price is inextricably linked to brand, product, and purchasing decisions — by whom, why, how, and when.

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Yes, but who said they'd actually BUY the damn thing?

A Smart Bear: Startups and Marketing for Geeks

Of hundreds of startup pitches at Capital Factory , almost none had unearthed 10 people willing to say, "If you build this product, I'll give you $X.". Smart people agree: "Be a user of your own product. If the VP of Marketing thinks the target customer is just like him/her, you're doomed." — Cranky Product Manager?