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HOW TO LEVERAGE YOUR EARLY CUSTOMERS TO FIND PRODUCT MARKET FIT & SCALE YOUR STARTUP
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Startup Indonesia Webinar - Leverage Early Customers to Find Product Market Fit & Scale Your Startup

Jan 19, 2017

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Rhein Mahatma
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Page 1: Startup Indonesia Webinar - Leverage Early Customers to Find Product Market Fit & Scale Your Startup

HOW TO LEVERAGE YOUR EARLY CUSTOMERS TO FIND PRODUCT MARKET FIT & SCALE YOUR STARTUP

Page 2: Startup Indonesia Webinar - Leverage Early Customers to Find Product Market Fit & Scale Your Startup

HELLO! I’M ANASTASIA

➤ Currently a digital nomad.

➤ Previously Head of Community at Farm At Hand (exited).

➤ Previously Community Manager at HIGHLINE VC (GrowLab).

➤ Would brace Jakarta’s traffic for a good cup of coffee.

➤ Tweet me @hambalia!

Page 3: Startup Indonesia Webinar - Leverage Early Customers to Find Product Market Fit & Scale Your Startup

NOW LET’S TALK ABOUT YOU(R CUSTOMERS)

and how they can help you scale your business

Page 4: Startup Indonesia Webinar - Leverage Early Customers to Find Product Market Fit & Scale Your Startup

“Product/market fit means being in a good market with a product that can satisfy that market.

-Marc Andreessen

Page 5: Startup Indonesia Webinar - Leverage Early Customers to Find Product Market Fit & Scale Your Startup

To achieve product market fit, you need to talk to your customers before the product is built and after the product is built.

Especially after the product is built.

Page 6: Startup Indonesia Webinar - Leverage Early Customers to Find Product Market Fit & Scale Your Startup

WHY ENGAGE YOUR EARLY ADOPTERS AND YOUR CUSTOMERS

➤ Membuat product yang lebih baik (fungsi, feature, UI/UX)

➤ Mengetes hipotesis seperti customer persona

➤ Membuat marketing campaign yang lebih engaging

➤ Menurunkan Customer Acquisition Cost

➤ Meningkatkan Customer Lifetime Value

➤ Ultimately….more money for your startup

Page 7: Startup Indonesia Webinar - Leverage Early Customers to Find Product Market Fit & Scale Your Startup

HOW TO START

Page 8: Startup Indonesia Webinar - Leverage Early Customers to Find Product Market Fit & Scale Your Startup

HOW TO GET CONNECTED WITH YOUR EARLY ADOPTERS

Automated Emails

…. but not automated answers! Bikin email kamu terlihat personal dan jangan lupa CTA-nya (Call To Action). Jangan lupa di A/B test ya!

Jadikan welcome email atau confirmation email sebagai introduksi pertama dan sistem onboarding kamu.

Misalnya:

Day 0 - welcome email

Day 3 - tips

Day 10 - check in email + invite to a call

Page 9: Startup Indonesia Webinar - Leverage Early Customers to Find Product Market Fit & Scale Your Startup

HOW TO GET CONNECTED WITH YOUR EARLY ADOPTERS

Ingat, di welcome email/confirmation email harus ada:

➤ Call To Action

➤ Contact info

➤ Siap-siap dengar feedback dan di telpon jam 6 pagi :)

➤ Lihat beberapa contoh di http://reallygoodemails.com/?cat=447

Page 10: Startup Indonesia Webinar - Leverage Early Customers to Find Product Market Fit & Scale Your Startup

Image credit: Intercom

Page 11: Startup Indonesia Webinar - Leverage Early Customers to Find Product Market Fit & Scale Your Startup

HOW TO GET CONNECTED WITH YOUR EARLY ADOPTERS

Phone calls

Ask open-ended questions and let them talk to you. Have a goal in mind but don’t be intrusive. You might learn something new about how they use your product.

NPS

If you’re getting good scores (at least 8+), ask for referrals. Automate the email campaign to save time.

Thank them!

You can send them a swag, give them bonus account upgrade or give them early access to the product they suggested (email shout out works, too!) Feel free to get creative – this is where the active listening would help!

Page 12: Startup Indonesia Webinar - Leverage Early Customers to Find Product Market Fit & Scale Your Startup
Page 13: Startup Indonesia Webinar - Leverage Early Customers to Find Product Market Fit & Scale Your Startup

WHAT TO ASK YOUR CUSTOMERS

➤ Their WHY (aka reason for signing up/using your product)

➤ Their (user) journey

➤ Habits, konsumsi berita dan media (sosial)

➤ Product feedback and UI/UX

➤ What works during QA might not work in practice

➤ Bugs/Issues and Wishlist

➤ Joining an exclusive group, e.g.: power users, early access

Page 14: Startup Indonesia Webinar - Leverage Early Customers to Find Product Market Fit & Scale Your Startup

WHAT NOT TO DO WHEN YOU ARE TALKING TO YOUR CUSTOMERS

➤ Bertanya tentang data yang mereka sudah berikan

➤ Misalnya: berapa besar team Anda.

➤ Pertanyaan yang misleading atau tidak netral

➤ Berhenti bertanya setelah jawaban pertama

➤ 5 WHY’s rule —- seriously!

➤ 5 WHY’s bisa menjadi feature

Page 15: Startup Indonesia Webinar - Leverage Early Customers to Find Product Market Fit & Scale Your Startup
Page 16: Startup Indonesia Webinar - Leverage Early Customers to Find Product Market Fit & Scale Your Startup

CREATE A LOOP

Marketing

Customer Success

Product roadmap

Page 17: Startup Indonesia Webinar - Leverage Early Customers to Find Product Market Fit & Scale Your Startup

CREATE A LOOP

Marketing

Customer Success

Product roadmap

Useful swag

Meaningful campaigns

CommunityKill a featureLaunch a feature

Beta testers

Brand Ambassadors

Page 18: Startup Indonesia Webinar - Leverage Early Customers to Find Product Market Fit & Scale Your Startup

AN EXAMPLE OF A USEFUL SWAG

Page 19: Startup Indonesia Webinar - Leverage Early Customers to Find Product Market Fit & Scale Your Startup

STEP 1. TALK TO YOUR CUSTOMERS

Page 20: Startup Indonesia Webinar - Leverage Early Customers to Find Product Market Fit & Scale Your Startup

STEP 2. THINK ABOUT WHAT THEY SAY

Page 21: Startup Indonesia Webinar - Leverage Early Customers to Find Product Market Fit & Scale Your Startup

STEP 3. DO SOMETHING ABOUT IT

Then repeat!

Page 22: Startup Indonesia Webinar - Leverage Early Customers to Find Product Market Fit & Scale Your Startup

QUESTIONS?

Page 23: Startup Indonesia Webinar - Leverage Early Customers to Find Product Market Fit & Scale Your Startup

THANKS FOR TUNING IN!

Page 24: Startup Indonesia Webinar - Leverage Early Customers to Find Product Market Fit & Scale Your Startup

RECOMMENDED ARTICLES AND VIDEO

➤ From Signed-Up to Satisfied - Des Traynor, Intercomhttps://blog.intercom.io/onboard-signed-users-satisfied-users/

➤ How Positive Emotions Increase Long-Term Conversions and Customer Lifetime Value - KISSMetricshttps://blog.kissmetrics.com/positive-emotions-increase-conversions/

➤ Say No To Useless Swag - Chrystal Hendrickson (formerly with YELP Canada)http://crystalhenrickson.com/2013/01/30/say-no-to-useless-swag/

Page 25: Startup Indonesia Webinar - Leverage Early Customers to Find Product Market Fit & Scale Your Startup