Home » Startups

Category Archives: Startups

Startup or New Product? When Should You Plan and Build Your Route(s)-to-Market (RTM)?

In my post last week, I talked about planning route-to-market for a startup, or a more established company launching a new product category. The framework for approaching the situation is that you need to “Build a Bridge” to connect your products your target customers. As shown in Figure 1 below, that bridge consists of 4 key elements (Solution, GTM Model, Sales Plays, Sales Channel) that every company needs to take into account – if they want to drive revenue for their products, and alliances…

Figure 1: Building your Foundational “RTM Bridge”

Building an RTM Bridge

 

But the Focus of this post is WHEN you need to plan and build this RTM Bridge?

To be honest, it is always a bit surprising to me that when I talk to folks in the industry (even very experienced executives and folks that I consider to be friends), the assumption seems to be that this needs to be done AFTER the product is ready. I’ve had quite a few discussions with prospective clients or with clients talking about future needs, where they told me something like: (more…)