{"id":8764,"date":"2024-09-20T13:56:32","date_gmt":"2024-09-20T13:56:32","guid":{"rendered":"https:\/\/tup.kxe.temporary.site\/how-to-make-the-jump-from-product-market-fit-to-platform-market-fit\/"},"modified":"2024-09-20T13:56:32","modified_gmt":"2024-09-20T13:56:32","slug":"how-to-make-the-jump-from-product-market-fit-to-platform-market-fit","status":"publish","type":"post","link":"https:\/\/okdesign.ca\/fr\/how-to-make-the-jump-from-product-market-fit-to-platform-market-fit\/","title":{"rendered":"How to make the jump from product-market fit to platform-market fit"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>Jason, director of product marketing at a global cybersecurity company, celebrates a big win. His product ranks as the third-fastest growing in the company. <\/p>\n<p>But there\u2019s a problem \u2014 the company operates in silos, treating all products as separate cost centers. Vanessa, his no-nonsense VP, demands change. \u201cWe need a scalable platform. Get this right, and we\u2019re set for success.\u201d <\/p>\n<p>Jason\u2019s mission is clear: Lead the company through the final stage of go-to-market maturity, platform-market fit, where integrated solutions drive customer value and position the company for long-term growth.<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-the-3ps-model-of-gtm-maturity\">The 3Ps model of GTM maturity<\/h2>\n<p>Jason\u2019s organization is working through the 3Ps model of go-to-market (GTM) maturity:<\/p>\n<ul class=\"wp-block-list\">\n<li>Problem-market fit.<\/li>\n<li>Product-market fit.<\/li>\n<li>Platform-market fit.\u00a0<\/li>\n<\/ul>\n<p>In the final stage, the company evolves from managing multiple separate products to building one platform. This platform approach allows the company to integrate its products into a unified solution, solving broader customer problems and scaling efficiently.<\/p>\n<p>Platform-market fit is about scaling, improving execution and tracking key metrics by customer groups. These groups, or cohorts, are based on how customers use the platform, helping Jason\u2019s team customize solutions and increase adoption. This approach meets multiple customer needs with integrated solutions while allowing the company to grow efficiently across its products.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" width=\"1258\" height=\"762\" alt=\"Source: GTM Partners 3Ps GTM Maturity Model\" class=\"wp-image-395439\" srcset=\"https:\/\/martech.org\/wp-content\/uploads\/2024\/09\/Source-GTM-Partners-3Ps-GTM-Maturity-Model.png.webp 1258w,https:\/\/martech.org\/wp-content\/uploads\/2024\/09\/Source-GTM-Partners-3Ps-GTM-Maturity-Model-558x338.png.webp 558w,https:\/\/martech.org\/wp-content\/uploads\/2024\/09\/Source-GTM-Partners-3Ps-GTM-Maturity-Model-800x485.png.webp 800w,https:\/\/martech.org\/wp-content\/uploads\/2024\/09\/Source-GTM-Partners-3Ps-GTM-Maturity-Model-187x113.png.webp 187w,https:\/\/martech.org\/wp-content\/uploads\/2024\/09\/Source-GTM-Partners-3Ps-GTM-Maturity-Model-768x465.png.webp 768w\" data-lazy-sizes=\"(max-width: 1258px) 100vw, 1258px\" src=\"https:\/\/i0.wp.com\/martech.org\/wp-content\/uploads\/2024\/09\/Source-GTM-Partners-3Ps-GTM-Maturity-Model.png.webp?resize=1258%2C762&ssl=1\"\/><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" width=\"1258\" height=\"762\" src=\"https:\/\/i0.wp.com\/martech.org\/wp-content\/uploads\/2024\/09\/Source-GTM-Partners-3Ps-GTM-Maturity-Model.png.webp?resize=1258%2C762&ssl=1\" alt=\"Source: GTM Partners 3Ps GTM Maturity Model\" class=\"wp-image-395439\" srcset=\"https:\/\/martech.org\/wp-content\/uploads\/2024\/09\/Source-GTM-Partners-3Ps-GTM-Maturity-Model.png.webp 1258w,https:\/\/martech.org\/wp-content\/uploads\/2024\/09\/Source-GTM-Partners-3Ps-GTM-Maturity-Model-558x338.png.webp 558w,https:\/\/martech.org\/wp-content\/uploads\/2024\/09\/Source-GTM-Partners-3Ps-GTM-Maturity-Model-800x485.png.webp 800w,https:\/\/martech.org\/wp-content\/uploads\/2024\/09\/Source-GTM-Partners-3Ps-GTM-Maturity-Model-187x113.png.webp 187w,https:\/\/martech.org\/wp-content\/uploads\/2024\/09\/Source-GTM-Partners-3Ps-GTM-Maturity-Model-768x465.png.webp 768w\" sizes=\"(max-width: 1258px) 100vw, 1258px\"\/><figcaption class=\"wp-element-caption\"><em>Source: GTM Partners, 3Ps GTM Maturity Model<\/em><\/figcaption><\/figure>\n<\/div>\n<p>It\u2019s not just about selling more products. The real challenge is creating customer value with one unified platform that solves multiple customer problems, making it easier for them to adopt and scale. <strong>\u00a0<\/strong><\/p>\n<p><strong><em>Dig deeper: <\/em><\/strong><a rel=\"nofollow noopener\" href=\"https:\/\/martech.org\/rethinking-fit-growth-and-go-to-market-for-the-modern-startup\/\" target=\"_blank\"><strong><em>Rethinking fit, growth and go-to-market for the modern startup<\/em><\/strong><\/a><\/p>\n<h2 class=\"wp-block-heading\" id=\"h-scaling-with-platform-market-fit\">Scaling with platform-market fit<\/h2>\n<p>Jason\u2019s goal is to expand the company\u2019s reach into new industry verticals and geographies. He knows that this is no small feat. The stakes felt higher every day and as his team grew more invested in the vision, Jason felt the pressure to make every move count.<\/p>\n<p>\u201cProducts can\u2019t work in silos,\u201d Vanessa reminds him. By integrating products into a unified platform, Jason clears the path for customers to adopt new solutions and expand their usage as they grow. This streamlines sales, strengthens loyalty and expands revenue through seamless upgrades and bundled offerings.<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-applying-the-3vs-of-abm\">Applying the 3Vs of ABM<\/h2>\n<p>Scaling a platform requires precision and <a rel=\"nofollow\" href=\"https:\/\/martech.org\/topic\/account-based-marketing-abm\/\">account-based marketing<\/a> (ABM) plays a critical role in achieving that. Jason focuses on volume, targeting fewer but higher-value accounts that can benefit from the full platform. \u201cIt\u2019s about depth, not breadth,\u201d Leila, the ABM Manager, reminds him. These accounts drive significant revenue and become valuable case studies for other businesses to follow.<\/p>\n<p>Value is at the core of Jason\u2019s approach. He\u2019s not just selling individual products; he\u2019s bundling solutions that solve pain points across multiple areas of a client\u2019s business, increasing cross-product value and making the platform more attractive and sticky for customers.<\/p>\n<p>Speed is also crucial in ensuring ABM success. Jason\u2019s team emphasizes Velocity, working quickly to move accounts through the pipeline and deliver value faster. Pipeline velocity doesn\u2019t just help close deals; it helps onboard customers swiftly, creating opportunities for upselling as their needs evolve.<\/p>\n<p>The following framework highlights how Jason applies the 3Vs of ABM \u2014 volume, value and velocity \u2014 to focus on high-value accounts, create integrated solutions and drive faster results through the pipeline.<\/p>\n<p><em\/>Source: GTM Partners 3V\u2019s of ABM<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-building-partnerships-to-extend-reach\">Building partnerships to extend reach<\/h2>\n<p>With the <a rel=\"nofollow\" href=\"https:\/\/martech.org\/account-based-marketing-strategy\/\">ABM strategy<\/a> in place and the platform aligned to meet customer needs, Jason knows that scaling requires more than internal resources. He partners with resellers, technology integrators and industry consultants to extend the platform\u2019s reach. These strategic alliances help the platform penetrate new markets efficiently while increasing credibility in different verticals.<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-the-future-framework-building-a-martech-stack-for-scale\">The FUTURE framework: Building a martech stack for scale<\/h2>\n<p>None of this works without the right tech foundation. Jason needs a martech stack that can handle a growing platform. That\u2019s where the FUTURE framework comes in. It isn\u2019t just a roadmap \u2014 it\u2019s the strategic fuel to power the tech stack and support platform expansion.<\/p>\n<ul class=\"wp-block-list\">\n<li><strong>F<\/strong>lexibility: Adapt quickly to different business models.<\/li>\n<li><strong>U<\/strong>nification: Integrate marketing, sales and <a rel=\"nofollow\" href=\"https:\/\/martech.org\/customer-service-and-success-what-they-are-and-why-marketers-should-care\/\">customer success<\/a> seamlessly.<\/li>\n<li><strong>T<\/strong>echnology: Use advanced analytics to predict customer needs.<\/li>\n<li><strong>U<\/strong>tilization: Train teams fully to maximize tool usage.<\/li>\n<li><strong>R<\/strong>elevance: Align tools with both global goals and local market needs.<\/li>\n<li><strong>E<\/strong>xpansion: Scale the stack smoothly as the platform grows.<\/li>\n<\/ul>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img data-recalc-dims=\"1\" decoding=\"async\" width=\"1114\" height=\"407\" alt=\"The FUTURE framework: Building a martech stack for scale\" class=\"wp-image-395438\" srcset=\"https:\/\/martech.org\/wp-content\/uploads\/2024\/09\/The-FUTURE-framework-Building-a-martech-stack-for-scale.png.webp 1114w,https:\/\/martech.org\/wp-content\/uploads\/2024\/09\/The-FUTURE-framework-Building-a-martech-stack-for-scale-600x219.png.webp 600w,https:\/\/martech.org\/wp-content\/uploads\/2024\/09\/The-FUTURE-framework-Building-a-martech-stack-for-scale-800x292.png 800w,https:\/\/martech.org\/wp-content\/uploads\/2024\/09\/The-FUTURE-framework-Building-a-martech-stack-for-scale-200x73.png.webp 200w,https:\/\/martech.org\/wp-content\/uploads\/2024\/09\/The-FUTURE-framework-Building-a-martech-stack-for-scale-768x281.png 768w\" data-lazy-sizes=\"(max-width: 1114px) 100vw, 1114px\" src=\"https:\/\/i0.wp.com\/martech.org\/wp-content\/uploads\/2024\/09\/The-FUTURE-framework-Building-a-martech-stack-for-scale.png.webp?resize=1114%2C407&ssl=1\"\/><img data-recalc-dims=\"1\" decoding=\"async\" width=\"1114\" height=\"407\" src=\"https:\/\/i0.wp.com\/martech.org\/wp-content\/uploads\/2024\/09\/The-FUTURE-framework-Building-a-martech-stack-for-scale.png.webp?resize=1114%2C407&ssl=1\" alt=\"The FUTURE framework: Building a martech stack for scale\" class=\"wp-image-395438\" srcset=\"https:\/\/martech.org\/wp-content\/uploads\/2024\/09\/The-FUTURE-framework-Building-a-martech-stack-for-scale.png.webp 1114w,https:\/\/martech.org\/wp-content\/uploads\/2024\/09\/The-FUTURE-framework-Building-a-martech-stack-for-scale-600x219.png.webp 600w,https:\/\/martech.org\/wp-content\/uploads\/2024\/09\/The-FUTURE-framework-Building-a-martech-stack-for-scale-800x292.png 800w,https:\/\/martech.org\/wp-content\/uploads\/2024\/09\/The-FUTURE-framework-Building-a-martech-stack-for-scale-200x73.png.webp 200w,https:\/\/martech.org\/wp-content\/uploads\/2024\/09\/The-FUTURE-framework-Building-a-martech-stack-for-scale-768x281.png 768w\" sizes=\"(max-width: 1114px) 100vw, 1114px\"\/><figcaption class=\"wp-element-caption\"><em><em>Source: Entry Point 1<\/em><\/em><\/figcaption><\/figure>\n<\/div>\n<p><strong><em>Dig deeper: <\/em><\/strong><a rel=\"nofollow\" href=\"https:\/\/martech.org\/how-marketing-fuels-the-shift-from-problem-market-fit-to-product-market-fit\/\"><strong><em>How marketing fuels the shift from problem-market fit to product-market fit<\/em><\/strong><\/a><\/p>\n<h2 class=\"wp-block-heading\" id=\"h-key-metrics-for-platform-market-fit\">Key metrics for platform-market fit<\/h2>\n<p>Jason, working closely with the VP of Finance, prioritizes rigorous financial tracking to ensure that both efficiency and effectiveness drive the GTM strategy, given the current macroeconomic conditions. Together, they assess key metrics that show how the platform is adopted and scaled across multiple products.<\/p>\n<p><strong>Pipeline velocity<\/strong> is crucial for understanding how fast deals move through the pipeline, not just for one product, but across the platform. Jason\u2019s team uses a layered approach, examining connected metrics to understand how each product impacts platform performance. Linking these metrics helps them spot synergies and bottlenecks, driving faster growth.<\/p>\n<p><strong>Customer lifetime value<\/strong> (CLV) is another important metric, which Jason tracks across products to identify which drives the most value. This sharpens the team\u2019s upsell and cross-sell strategies, improving retention.<\/p>\n<p><strong>Cross-product engagement<\/strong> tracks how many customers use multiple products. The layered approach reveals how customer behaviors across products are linked, allowing Jason and the VP of finance to strengthen customer retention and expand platform adoption.<\/p>\n<p>Jason\u2019s team also monitors <strong>net revenue retention<\/strong> (NRR), which measures how much revenue grows within existing accounts through upsells and cross-sells. This ensures that customers are continuously adopting more products from the platform and contributing to long-term growth.<\/p>\n<p>To ensure overall efficiency, Jason and the VP of finance track the \u201c<strong>magic number<\/strong>,\u201d a financial ratio that compares revenue growth to customer acquisition costs. This metric shows how efficiently the company\u2019s sales and marketing spend is driving new revenue, helping them maintain sustainable growth.<\/p>\n<p>For broader financial effectiveness, they rely on the \u201cRule of 40,\u201d which balances the company\u2019s revenue growth rate with profit margins. By ensuring that both sum exceeds 40%, Jason\u2019s team stays focused on scaling the platform effectively without sacrificing profitability.<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-aligning-for-global-platform-success\">Aligning for global platform success<\/h2>\n<p>Jason realizes that moving up and to the right to achieve platform-market fit is more than selling more products. It\u2019s about seamless integration and delivering customer value that increases adoption and usage. <\/p>\n<p>He knows success hinges on aligning the entire GTM revenue team \u2014 product, sales, marketing, customer success, enablement and revenue operations. For the platform strategy to work, everyone must be unified around a shared goal.\u00a0<\/p>\n<p>For Jason, this isn\u2019t just about hitting targets \u2014 it\u2019s about proving his leadership and advancing his career. Below are his key takeaways:<\/p>\n<ul class=\"wp-block-list\">\n<li><strong>Precision targeting<\/strong>: Focus on the right accounts and show value quickly.<\/li>\n<li><strong>Cross-product value<\/strong>: Hook customers on the platform and your CLV grows.<\/li>\n<li><strong>Scaling for growth<\/strong>: Keep your tech stack flexible, unified and ready to scale.<\/li>\n<\/ul>\n<\/div>\n<p><em>Contributing authors are invited to create content for MarTech and are chosen for their expertise and contribution to the martech community. Our contributors work under the oversight of the <a rel=\"nofollow\" href=\"https:\/\/martech.org\/staff\/\">editorial staff<\/a> and contributions are checked for quality and relevance to our readers. The opinions they express are their own.<\/em><\/p>\n<p><br \/>\n<br \/><a href=\"https:\/\/martech.org\/how-to-make-the-jump-from-product-market-fit-to-platform-market-fit\/\">Source link <\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Jason, director of product marketing at a global cybersecurity company, celebrates a big win. His product ranks as the third-fastest growing in the company. But there\u2019s a problem \u2014 the company operates in silos, treating all products as separate cost centers. Vanessa, his no-nonsense VP, demands change. \u201cWe need a scalable platform. Get this right, [&hellip;]<\/p>","protected":false},"author":3,"featured_media":8765,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-8764","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-agency"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.6.1 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How to make the jump from product-market fit to platform-market fit - OK Design<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/okdesign.ca\/fr\/how-to-make-the-jump-from-product-market-fit-to-platform-market-fit\/\" \/>\n<meta property=\"og:locale\" content=\"fr_CA\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to make the jump from product-market fit to platform-market fit - OK Design\" \/>\n<meta property=\"og:description\" content=\"Jason, director of product marketing at a global cybersecurity company, celebrates a big win. 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