Let’s define each position:
Product Marketing focuses on the strategies and tactics that are associated with marketing products (full post here). These activities include: Market segmentation, product strategy, positioning, sales enablement, driving awareness, assisting buyer informational needs, competitive positioning, deal assistance and post-launch interaction with customers
- Product Management is the intersection
between business, technology and UX (user experience), product management
focuses on identifying the business value from/for a product, working with
technology to build that product and working with UX to ensure the users voice
is heard.
From this
blog, “Product
management focuses more on the technical development of products. Product
marketing should bring requirements based on market needs to product management
and work together on prioritizing what gets into the product.”
I
think it’s important to make this distinction, that while product marketing may
bring requirements from the market, it is product management’s job to apply
that feedback to the customer’s needs/wants and ensure the proper delivery for
that feature. I also think this is a
line that is sometimes blurred between the two functions
Here are a few additional articles; I’d be very interested
in your feedback on this topic!
Sorry for the delay in posting – it’s been crazy trying to
wrap up the semester, get ready for a launch of a new product at work, and
working on my new business. I’m looking
forward to getting back into the swing of things this spring/summer!
The way I often partition product management and product marketing is that the product manager is responsible for defining the value proposition and the product marketer is responsible to turning that value proposition into communications to the market.
ReplyDeleteI do not usually consider the product marketer to be responsible for "bringing requirements based on market needs to product management" - I think that's still part of product management's purview. I have nothing against getting ideas from product marketing or anyone else (a lot come from sales and pre-sales, for example, in addition to coming directly from customers, not to mention the developers in a lot of cases). But it's product management's responsibility to figure out how to transform those ideas into requirements, and to understand how to prioritize the requirements once they are created.
I agree with you. Designing the product offering is certainly a product manager's job. Ideas are always welcome :-)
DeleteNils - you bring up a great point about designing the product offering. I think the jobs certainly vary across different organizations. That's for the advice!
DeleteAll the activities that you list under Product Marketing here are done by Product Management in my team. We use the marketing team to design some lead generation email templates and anything that concerns branding.
ReplyDeleteI always did think that when I studied it in B-school, segmentation, targeting and positioning came under marketing. However, the real world seems to be different.
Aneesha, that's so interesting! Do you have a product marketing team? I think it's a really delicate balance. You'll read a lot in Pragmatic Marketing that there is often so much overlap. I'd be interested to hear more about this in your organization.
DeleteThanks for commenting!
I have posted on my blog about this a few times. I am of the belief that until your business gets to a pretty good scale, you really can only afford to have one "product" person, and that person needs to be part inbound requirements gathering/validation/requirements documenting, and part outbound marketing.
ReplyDeleteIn many companies I have been at with $50 - $100M in revenue, the role is pretty much one person, and yes, you have to compromise on skills, as rock stars who can do both are rarer than hen's teeth.
Above that revenue level, and I see the marketing role becoming a separate person, and then you can make sure you best optimize the skills in the individual.
It should be noted that even in smallish companies, there should be a separate "marketing/communications" person and role. They should work closely with product marketing, and sadly, I see a lot of product marketers who dismiss the traditional marketing communications role.
Thanks for the insight! Always refreshing to hear that other PM's struggle with this as well.
DeleteMarketing generally look after a particular brand in a company, they are in charge of taking the brand forward in terms of the overall strategy this can mean PR/Above the line etc but also reporting to the MM, whereas the Marketing Manager looks after the marketing of brand(s) and in a big company that can mean multiple brands.
ReplyDelete