What is Go-to-Market?

Go-to-Market is the strategy that takes you from the first spark of an idea, to a successful product or feature launch and beyond, to the market success of your product. Put simply, it’s the process of launching a new product.

But rather than approaching each launch as a new process, a Go-to-Market strategy is a defined process you’ve tailored for your business and can use time and time again. It’s a broad strategy that touches pretty much every aspect and function of your business.

A defined Go-to-Market strategy is repeatable, scalable and will help you launch more effectively. In this article, you’ll learn about the core teams involved, the stages of Go-to-Market and agile strategies you can adopt. And don’t forget to follow the links for more detail on the topics most relevant to you.

Go-to-Market teams

Every company functions differently, and this list could be a lot longer, but these are the core teams you need for a Go-to-Market strategy to function.

Product

Product teams combine market knowledge, business strategy and technical expertise to design and build products that solve customer problems and, ideally, plug a gap in the market. Product design is not a function that can happen in isolation, and bringing in a marketing lens early on in the process is hugely beneficial for strategic product design. For this reason, the product team tends to work closely with product marketers when it comes to Go-to-Market strategy.

Using customer feedback to improve your product
As many product marketers will testify, bringing a product to market is no piece of cake. From conducting market research and forming your personas to completing competitor analysis, you need to follow a long process, before unleashing your creation on the world.

Product marketing

Product marketing is marketing with a product lens. Instead of building a product and then looking to see if it has a place in the market, product marketing prioritizes building products with market research, customer pain points and opportunities for product market fit at the forefront of your design process. If you don’t have a designated product marketing team, getting marketing input on the product stage is still incredibly beneficial.

Sitting within the marketing team, product marketers are often viewed as bridging the gap between internal and external stakeholders. Product marketers can bring customer and market knowledge to the ideation stage of your Go-to-Market process, as well as being arguably the best placed to carry out positioning, messaging, pricing strategy and the product launch itself.

Product marketers will lead all marketing activities before, during and after launch, but any PMM worth their salt will also have product insights and be instrumental in crafting your value proposition and effectively communicating with and educating teams further down the Go-to-Market timeline.

Read more about:

Sales enablement

An effective Go-to-Market strategy depends on frontline teams being properly onboarded with product knowledge, buyer personas and customer pain points. If you want every step in your customer’s journey to be seamless, then sales reps need to know what's happened before they’ve got involved.

Sales enablement teams make sure that your sales reps are up to scratch when it comes to all of this information and have everything they need to convert prospects into buyers.

The leading responsibilities of sales enablement teams are onboarding reps, sales content creation, revenue enablement and sales KOs.

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Customer success

Customer success is too often overlooked, given they’re the most important team in your Go-to-Market strategy after a prospect becomes a buyer. It’s easy to think that once someone buys your product it’s job done, but that couldn’t be further from the truth. Customer acquisition is really expensive, whereas retention is cheap. Once you’ve a customer in, you want to keep them for as long as possible.

Customer success ensures that a customer’s lifetime value (ie how long they’re a customer of your brand) is as long as possible. They achieve this by onboarding customers to get the most value out of your product and preventing customer churn.

Read more about:

Go-to-Market stages

Ideation

The ideation stage is when the product is developed, and the product roadmap and sales pipeline are planned out. It’s important to make sure that those leading on the Go-to-Market strategy have a working knowledge of the product at this stage, so they can think tactically about its value and how to achieve product market fit.

Getting the product roadmap nailed down at this stage allows you to set expectations for the launch and communicate to stakeholders when they will be involved in the strategy. At this stage you’ll also need to decide:

  • Who your total addressable market are
  • Your buyer personas
  • The distribution model for your product
  • Your pricing strategy

This will influence the work you do at the build stage.

Build

At this stage, your Go-to-Market team should be building out the assets you’ll need for your launch. This doesn’t just mean the launch day itself, but everything leading up to it. The strategies most associated with this stage are positioning and messaging.

Positioning is literally how you position your product in the market. You’ll develop an internal positioning statement, which is used to communicate to your stakeholders the value of your product, the pain points it resolves, the type of customers (i.e. personas) you’ll be targeting and what sets this product apart from the competition.

Messaging is guided by your positioning. This is the external tool that conveys everything you’ve defined in your positioning statement to your prospective customers. Messaging encompasses all of your marketing assets, such as social media, email campaigns, webinars and so on.

This is also the time to be educating your frontline teams and making sure you have everything ready for launch.

The top ten examples of brand positioning, as voted by our team
Good positioning is all about knowing your target audience, understanding how you can make your product essential to them and finding that all-important product market fit. The intended effect? You graft your product onto a consumer’s life so effectively they can’t imagine living without it.

Soft launch

An important but often overlooked stage, this is where you carry out testing of your product and launch assets to see if they’re hitting the mark. You should test internally first, then externally with focus groups or a selection of existing customers.

If you find at this stage that your messaging isn’t resonating, or users are struggling to find value in your product, you have the opportunity to make adjustments before you commit to an expensive full launch.

Learn more about testing here:

What beta testing is, how it’s done - and why you need to pay attention
A term originating within software development, beta testing plays a critical role in gaining feedback from users about a product and/or its respective features. Once this phase has been completed, the product in question is on the cusp of being launched amongst the target market.

Go-to-Market launch

At this stage, all of your assets should be ready to go. Landing pages should be built, email campaigns set up. Everything is ready to go live at the flick of a switch. Your launch size will vary depending on the type and scale of your product. If it's a big flagship launch, you’ll want all hands on deck and a big splashy launch that grabs attention. For a smaller launch, you won’t want to expend that many resources.

The tiers of Go-to-Market launches
While you may assume bigger is better, when it comes to product launches this isn’t always the case. Effectively scaling a launch can make or break a company, so you have to be tactical or risk over launching, putting your budget, resources and customer retention on the line.

But whatever you do, make sure it’s consistent with your messaging and all launch assets go live at the same time. You don’t want to announce a product to customers, only for them to find it doesn’t yet exist on your website.

Make sure you have everything ready for launch with our product launch checklist:

Your ultimate product launch checklist
f you own your company’s Go-to-Market strategy you’ve probably got a lot of plates spinning right now. In the run-up to launch, there’re lots of tasks belonging to multiple teams that you have to make sure get done.

Post-launch

There ain’t no rest for the wicked. Meaning, in this case, just cause the launch is over doesn’t mean your work is done. To make sure a product really finds its place in the market and stays there, you need to carry out post-launch activities. This will look different for different companies, but for a large launch, you’re looking at at least six more months of marketing activities.

And of course, your customer success and sales strategies will be in full swing at this point. These are essential to keep new customers coming in and to convert casual buyers into advocates of your brand. The customer journey doesn’t end when a purchase is made, it’s actually only just beginning. Don’t overlook that.

Learn more about post-launch activities here:

The biggest mistakes companies make post launch.
Launch day means your job is done, right? Wrong. Post launch can make or break your Go-to-Market, but too many companies leave it up to chance.

Go-to-Market strategy

Cross-functional alignment

You’ve probably picked up on the fact that a lot of different teams are involved in GTM. In the modern business world, increasingly made up of hybrid and remote teams, it’s harder than ever to make sure your teams are properly aligned.

This doesn’t just mean working together, although it’s a good place to start. Cross-functional alignment is about ensuring that all your teams understand the overall business objectives, have access to the same information and know what the responsibilities of their fellow teams are.

Misaligned work results in missed deadlines and wasted time, which you just don’t have room for in a successful business. Get everyone on the same page and speaking the same language, make sure your teams are transparent about their responsibilities and workloads AND remove any barriers to communication between teams that you can.

Beyond this, it’s important to set a business cadence for meetings early on in your Go-to-Market strategy, to make sure your teams come together often enough to keep abreast of each other’s progress, but not so often that you’re wasting time.

Build your own cross-functional Go-to-Market strategy with our free playbook:

The Cross-Functional Go-to-Market Playbook
Did you know only 33% of PMMs have a defined Go-to-Market strategy? At Go-to-Market Alliance, we don’t think that’s good enough. There’s a lot of confusion around what Go-to-Market is, who does it and how it benefits growth and revenue. We’re here to change that.

Go-to-Market motions

Every Go-to-Market strategy has a driving force behind it; that driver is better known as a motion. The four main Go-to-Market motions are:

  • Product-led
  • Sales-led
  • Community-led
  • Content-led

Whichever you choose for your GTM strategy, it should support your overall business objectives. Your motion will guide all your Go-to-Market activities, how you grow your customer base and your business model.

To find out more about the Go-to-Market motions and how to choose the best one for your business and product, download your free copy of the playbook here:

The Go-to-Market Motions Playbook
Go-to-Market isn’t a one size fits all strategy. Done right, it’s dynamic. It’s agile. And most importantly, it’s built to support your long-term business goals. Motions are the building blocks of a GTM strategy that takes you closer to achieving your business objectives with every product cycle.

Quick Go-to-Market index

When you’re researching Go-to-Market strategies, there are some key terms you’ll come across time and time again. You can find definitions of those terms here.

  • Buyer personas

Buyer personas are a tool to help you better understand your prospective customers. You identify the types of customers your product will appeal to, then research them and fill out a persona so you and your GTM teams can know how to sell to that customer type.

Download the buyer persona template here:

The Go-to-Market Buyer Persona Template
With the Go-to-Market Buyer Persona Template, we’re taking the stress out of this process and giving you a strong starting point for your GTM process. Save time developing buyer interview questions, brush up your existing processes or get inspiration for your own frameworks.

  • Product roadmaps

Product roadmaps are a single source of truth, outlining the timeline and vision for a product. These are essential tools for your stakeholders to understand what their product strategy is working towards, what’s needed of them and what the priorities and challenges of their peers are.

Learn more about product roadmaps here:

Why you need an outcome driven product roadmap
a product roadmap can be so much more than a timeline. It can be an agile and strategic tool to help you not only keep up with a rapidly changing market, but to have the adaptability you need to get ahead of competitors.

  • Sales funnel

The sales funnel allows us to understand the journey buyers go on. As with a real funnel, prospective customers are taken on a journey, ideally from their first introduction to your brand to being loyal advocates of your business to others. A Go-to-Market strategy is designed to try and move as much of your TAM (total addressable market) down the funnel as possible.

  • Segmentation

Many customers make up your TAM, and they’ll have different pain points and priorities. By segmenting your customers you can tactically apply the right marketing strategies to the right segments. Common segments include age, geography, gender, and so on.

Find out how to use segmentation to your advantage here:

How buyer personas and segmentation can supercharge your product marketing strategy
It gets tough to explain product marketing. Is it in product management? Is it in marketing? But if there’s one topic we all agree it belongs to, it’s personas and segmentation.

  • Pain points

Pain points are the problems a customer has. Your job is to deliver products that resolve these pain points and to design a GTM strategy that effectively communicates how the product will do so.

Learn more about pain points here. 👇

Do you know how to use customer pain points to your advantage?
Imagine the feeling of that inconvenient thing that’s been annoying you just a little bit every day. How much would you pay to get rid of it? The solution to that problem, that makes your days run smoother and your life easier, that’s what you want to be for your customers.

  • Product market fit

Product market fit refers to having successfully found a gap in the market and plugged it with a product that consumers want. It’s hard to measure, and unfortunately, there’s no magic wand you can wave to achieve it, but if you have product market fit your product will be selling, you’ll have organic growth and your revenue will be going up.

How to scale with product-market fit
If you have a product-market fit, you’ve found a need in the market and you are fulfilling that need. Customers want your products and you can make a profit off of them. But, as we’ve said, the hard part is getting to that stage, and maintaining product-market fit once you’ve found it.

  • Total addressable market

More commonly known as TAM, this refers to the total number of potential market opportunities for your product. Not everyone in the world will be interested in your product, it’s important to work out what your market opportunities are and focus on them, to make the best use of your resources.

Go-to-Market resources

As well as all the fantastic articles we have on Go-to-Market strategy, we've got podcasts, playbooks and reports to support you on your GTM journey.

The content you need, in a format that suits you.

Check out our other resources here:

  • Go-to-Market Radio is a curated collection of podcast episodes from across our sister communities. These episodes feature insights from experts across the GTM timeline, so whatever your role, there's something here for you.
Go-to-Market Radio.
Welcome to the Go-to-Market Radio. Each week we’ll be bringing you unmissable episodes packed with insights and experience from GTM leaders. Go-to-Market Academy: helping organizations go-to-market better.

  • GTM-FM is our original, exclusive podcast. Hosted by Holly Watson, VP of Product Marketing at Amazon Web Services, this podcast dives deep into Go-to-Market strategy. Plus, we rap up each episode with actionable advice from our guests.
Welcome to GTM-FM
Welcome to the official Go-to-Market Academy podcast. Join us as we get up close and personal with guests from across the C-suite and leadership to uncover their secrets for Go-to-Market success.

  • The Go-to-Market Motions Playbook is the latest in our series of in-depth strategy breakdowns. All our playbooks are free to download and offer unparalleled insights into GTM processes.
The Go-to-Market Motions Playbook
Go-to-Market isn’t a one size fits all strategy. Done right, it’s dynamic. It’s agile. And most importantly, it’s built to support your long-term business goals. Motions are the building blocks of a GTM strategy that takes you closer to achieving your business objectives with every product cycle.

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