Learning about Product Marketing from the Google Ventures Library

                   

Stumbled upon a great video on the topic of startup marketing that was posted in the Google Ventures library – delivered by Adam Gross who is Co-Founder and CEO at cloudconnect.com, and has been involved throughout his career at personify, salesforce.com, and Dropbox.

This is timely information for Zejoop, at this critical point in its tech startup evolution.

(Google Ventures is a seed round, or early investor for new startups – looks like a great program, with quite a few free resources – definitely worth looking into. However their  model seems to be “don’t call us, we’ll call you”, as in, you don’t apply, but you somehow otherwise “get yourself noticed.” That seems a little mysterious, and somewhat “fraught” (with peril?) but it is also interesting, and adds to the allure!)

screenshot from the presentation given by Adam Gross

Good information on Marketing – food for thought regarding the positioning of Zejoop

All of this is of critical importance to Zejoop as it tries to find its way though and past its development and beta test phases.

The entire video will be worth revisiting again later, but a few points stood out for immediate application.

The first of which were his comments on product positioning on the x-y axes of “strategic” (increasing horizontally from left to right) and “emotive” (increases vertically from bottom to top). Clearly a company like Apple is high on both scales but the the question has to be addressed early, even for a startup like Zejoop; how does it get from wherever it starts – “low” on both counts – to “high” on both? Unless the importance of this trajectory is comprehended, and that it demands a plan which is well formulated and then followed, what is the likelihood of success? Without a goal, how will you ever know you’ve arrived?

Another key idea was that of creating a industry transitional narrative – where is Zejoop going and how will it make a difference in the landscape?

The third idea which made an impression was how he described “differentiation.” To me that means asking and answering “what makes Zejoop different?” Of course this is pretty basic, but the way he articulated the point was very helpful. He told an anecdote of a friend who was at TiVo and he asked, regarding the product itself, why is it that the “pause” button is the biggest of all the buttons? – answer “that is what makes TiVo different than just TV” – the ability to pause and resume playback off a live stream. Timely story to hear as this is just the type of thing I need to tackle for Zejoop. After all there are any number of options for people to do their casual event planning. What makes Zejoop different and how can I emphasize that within the product? The good news is that a couple of good ideas have occurred to me as I’ve thought this over – but that my friends, will be a separate post!

Finally the video highlighted the importance of thinking about strategic partnerships. Clearly there are big players who have already fielded many aspects of event planning. Rather that thinking about how to take them on, head-on, why not discover the minimum viable enhancement that Zejoop can provide rather than duplicate an entire infrastructure that already exists? Oh, and by the way, an entire infrastructure developed by an army of highly skilled develops employed by big-tech? Sounds like folly, right? Better late than never, and this part of the presentation gave me a few good ideas to do just that.

That’s all for now, but I wanted to capture these thoughts while they were fresh in mind, at the risk of losing them by not doing so immediately. More to follow as I turn ideas into actions.

Happenings at Zejoop!

Zejoop has exciting news! One month to the day after winning SCV Startup Weekend #1, on November 7th, Zejoop will have its first venture capital meeting with Clearstone Venture Partners in Santa Monica.

Having this meeting constitutes a portion of the prize that accrued to Zejoop after winning the competition in early October. Since the event much preparation has taken place, including speed reading of a number of tech startup reference books, meeting with startup mentors, coaches and advisors, and completion of a draft of the 10 page pitch deck.

Although the deck itself is far from complete it is a necessary prerequisite to the beginning of conversation with any potential investors, be it at the angel or the VC level.

I wish I could tell you more, but I’ve been sworn to secrecy. Well, that was an exaggeration; by “sworn to secrecy” I actually meant that “I don’t know what to expect” – this is all new to me. That notwithstanding, I have a great team and I am forming an agenda for the meeting that will represent Zejoop and the team well, and if things work out, nothing would make me happier than to get a follow-on meeting with Clearstone. That would be a major accomplishment, and that is the goal Team Zejoop is targeting!

Check back for updates! For question or comments, contact me via: michael@zejoop.com