Determining Your Product Category

Product Category

Want to know a quick and dirty way to figure out your product category?

If you find yourself saying ā€œweā€™re so much more than a _______,ā€ then BINGO!

šŸŒŸšŸ’«YOUā€™VE FOUND YOUR PRODUCT CATEGORY āœØā­ļø

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Founders are cursed.

Cursed with a vision of a future that doesnā€™t exist yet.

ā†’ Itā€™s why they work nights and weekends for years with little to no payā€”all for a picture that exists only in their heads.

ā†’ Itā€™s what fuels them after hundreds of VC rejections to keep going.

ā†’ This single-minded obsession with their vision of what reality COULD be is what drives them to create billion dollar companies.

Then why is it a curse? šŸ¤”

āŒ All that vision-casting makes founders terrible product marketers.

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Disclaimer:

Iā€™m not talking about the late stage PMM that just does project management for feature launches šŸ™…šŸ»ā€ā™‚ļø

Iā€™m talking about the REAL product marketing that leads positioning, messaging, and go-to-market strategy šŸ‘šŸ»

The REAL PMM that is concerned with selling the productā€”AS IT ISā€”today šŸ‘šŸ»

The founderā€™s curse is they are constantly telling the investor storyā€¦ to customers.

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And hereā€™s the rub:

āŒ most customers couldnā€™t care less about your vision.

āœ… customers want a product that will solve a meaningful problem for them today

āœ… customers want to understand exactly what box your product fits into

āœ… customers want a frame of reference to understand what your product is and does

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And unfortunately, the founderā€™s vision prevents them from being able to do these very simple tasks.

āŒ founders are constantly trying to make the product BIGGER than it is today

āŒ founders want to create and own new categories that customers donā€™t understand (or care about)

āŒ founders say ā€œour product isnā€™t like anything elseā€ (even when itā€™s not true YET)

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This story is GREAT for investorsā€¦

But horrible for customers.

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The constant battle for founders is remembering WHEN to tell each story.

ā†’ To make the product seem much BIGGER than it is today to convince investors to invest in the futureā€¦

ā†’ and to make the product SMALLER for customers so itā€™s easier for them to buy in the real world today.

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So when it comes to your product categoryā€¦

Just lean in and accept who you are right now šŸ«‚

Customers donā€™t want to be educated.

And theyā€™ll be much more likely to buy a ā€œbetter messaging appā€ than an ā€œdigital HQ.ā€

FletchPMM
Best Practices

Get access to all of our Figma templates and LinkedIn posts in a Notion database organized by theme (go-to-market strategy, website messaging, etc.)

"The database has been truly invaluable to me as I build out my product marketing messaging for pre-selling a landing page for the SaaS app I'm building. Thank you so much for making this knowledge accessible for early-stage founders!"

Ben Wilentz

Founder,Ā Stealth Startup