Go to Market Strategy for a new Stock Photography Service
1. Clarified Unique Value Proposition to increase competitive advantage
2. Validated the UVP with prospective customers
3. Worked with the client to refine the business and pricing model best suited to the market and the opportunity
4. Developed Go to Market plan and marketing strategy to support the initial product launch
Pixostock had a great idea for a scalable business providing high-quality stock photography that leveraged his expertise with both design and cutting edge AI tools. They partnered with Differly to develop a go-to-market strategy: they knew that a well thought out plan for taking their idea to market would allow them to confidently develop the next generation of their product with the greatest chance of success.
At Differly we have extensive experience working with start-ups and founders to develop go-to-market plans. We follow a time-tested approach to help clients develop the right product for the right clients at the optimal price and with the requisite marketing support.
The first step in a go-to-market plan is to align upon the problem you solve, the needs in the market and how you can best compete against similar products or services. We conducted a high level competitive assessment to clarify the unique value being offered by Pixostock.
We then worked together with the Founder to identify the empty space where relative strengths and weaknesses of both Pixostock and its competitors revealed gaps that could be met by the product.
We then helped clarify positioning and messaging with prospect customers using a combination of surveys and real-world advertising tests. We gathered sufficient data to validate our hypotheses about customer needs and how best to present the product to them.
We then developed a go to market road map leading to a successful launch of a minimum viable product. We worked with Pixostock's founder to clarify the business and pricing models and developed a marketing strategy to guide him towards the next iteration of the product and service.
- Steve Coppola, Founder, Pixostock