How to use Minimum Viable Positioning

ATTN: Early stage founders!

in the same way you need a minimum viable PRODUCT,

you also need minimum viable POSITIONING.

Robert Kaminski šŸŽÆĀ and I work with lots of horizontal startups.

Whatā€™s the very last thing they want to do?

ā†³ niche down āŒ

Their entire product strategy is based on unlocking as many use cases for as many segments as possible.

But this creates a problemā€¦

ā†’ how do you talk to all these different customer segments at once? šŸ¤”

ā†’ how you explain your product when itā€™s being used in so many different ways? šŸ¤”

ā†’ how do you effectively ā€œpositionā€ your product in the minds of such a diverse set of customers? šŸ¤”

Lots of founders will try to fill out a positioning canvas (or mad-lib) that asks questions likeā€¦

ā€œWhat problem do you solve?ā€

ā€œWho is your target customer?ā€

ā€œWhat value do you bring?ā€

And this will drive them CRAZY!

ā€œWe solve MULTIPLE PROBLEMS!!ā€ šŸ˜ 

ā€œWe have MULTIPLE TARGETS!!ā€ šŸ˜”

ā€œThe value we bring is different for EVERYONE!!ā€šŸ˜¤

If this is you, I have some good newsā€¦ and some bad news.

Bad news firstā€¦

āŒ you actually DO need to figure out how to position your productā€¦

or no one will ever spread the word.

āŒ if you canā€™t claim a spot in your prospectsā€™ brains,

theyā€™ll never think to use you.

Now the good newsā€¦

āœ… You actually DONā€™T need to fill out all those different categoriesā€¦

āœ… You just need ONE element for the market and ONE element from the product.

āœ… Like a minimum viable product, this message is your minimum viable positioning.

In order to have ANY level of success getting off the ground, you need to say AT LEAST ONE THING about the market (in general) and AT LEAST ONE THING about the thing youā€™ve built.

When you think about it, this should be incredibly obviousā€¦

ā†’ itā€™s literally in the name of the goal (ā€œproduct-market fitā€) šŸ¤¦šŸ»ā€ā™‚ļø

ā†’ itā€™s literally in the name of the discipline (ā€œproduct marketerā€) šŸ¤¦šŸ»ā€ā™‚ļø

If you can get MORE than one element from each row, more power to you!

DuckDuckGoĀ manages to get three elements in their hero

(and you could argue they also communicate the product category of ā€œsearch engineā€ through the well-known UI.)

When you try to figure out your MVP...

here are three ways founders get this WRONG āŒ

1ļøāƒ£ only choosing elements from the top row (the market)

ā†³ this may create a compelling starting point, but without mention of your product, no one will even know youā€™re a company šŸ¤·šŸ»ā€ā™‚ļø

2ļøāƒ£ only choosing elements from the bottom row (the product)

ā†³ if you JUST talk about the product, youā€™ll come across as a nifty invention ā€” but no one will quite understand when to use you šŸ¤·šŸ»ā€ā™‚ļø

3ļøāƒ£ choosing NO elements

ā†³ for awhile, Airtableā€™s hero message was ā€œconnect everything, achieve anythingā€ (good luck having THAT stick in peopleā€™s minds) šŸ¤·šŸ»ā€ā™‚ļø

FletchPMM
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