In this blog post, we will explore the importance of product marketing consultants and why Chief Marketing Officers (CMOs) and Chief Product Officers (CPOs) should consider leveraging their expertise.
In today's dynamic business landscape, the role of a Product Marketing Manager or product marketer has become increasingly critical in driving the success of products. However, finding experienced professionals in this field can be a challenging task.
The Rarity of Experienced Product Marketing Managers:
With product marketers making up just 2% of the global marketing workforce, finding experienced individuals for in-house roles can take time and effort. More skilled professionals in this field necessitate alternative solutions to meet the demands of product marketing.
Most Product Marketers Lack Formal Training in Product Marketing:
Interestingly, 58% of product marketers have < five years of experience, highlighting the need for more seasoned experts. Surprisingly, in the same study by the Product Marketing Alliance: less than 10% of product marketers have received formal training specific to product marketing. This shortage of trained professionals further exacerbates the difficulty of finding suitable candidates for in-house roles. As a result, organizations often need help identifying individuals with the necessary skills and knowledge to market their products effectively.
The Value of Product Marketing Consultants:
To address the need for experienced product marketing managers, CMOs (Chief Marketing Officers) and CPOs (Chief Product Officers) should consider engaging product marketing consultants. These consultants specialize in product marketing strategies and possess extensive experience across various industries. They bring fresh perspectives, deep insights, and proven methodologies to help organizations optimize their product marketing efforts.
Expertise in B2C Consumer Focus is even rarer.
Interestingly, only 16% of all product marketers focus on B2C consumer markets. This statistic underscores the need for specialized expertise when targeting consumer audiences. Product marketing consultants with a strong B2C background can offer valuable insights and strategies to drive customer engagement, boost brand awareness, and maximize product adoption.
Leveraging the Product Marketing Consultant for a Competitive Advantage
a) Extensive Experience: Product marketing consultants have a wealth of experience across industries, allowing them to bring diverse perspectives and best practices to the table. Their expertise can help organizations develop effective product positioning, messaging, and go-to-market strategies.
b) Agility and Flexibility: Engaging a product marketing consultant provides a flexible solution tailored to an organization's needs. Consultants can adapt quickly to changing market dynamics, implement innovative approaches, and deliver results within a shorter timeframe.
c) Cost Efficiency: Hiring full-time, experienced product marketing managers or product marketers can be expensive, especially for organizations with limited resources. Product marketing consultants offer a cost-effective alternative, providing access to top-tier expertise without the long-term commitment of a full-time hire.
Conclusion:
Product Marketing Managers or product marketers are a rare breed, making it challenging for organizations to find experienced professionals in this field. The need for more product marketers, coupled with the need for formal training, necessitates exploring alternative solutions. Product marketing consultants offer a strategic advantage, leveraging their extensive experience, industry insights, and specialized skills to optimize product marketing efforts. By engaging consultants, CMOs (Chief Marketing Officers) and CPOs (Chief Product Officers) can tap into a pool of expertise, accelerate growth, and effectively navigate the complexities of the evolving market. Embracing the value of product marketing consultants is key to unlocking the full potential of product marketing and achieving sustained success.
Three key takeaways on why product marketing consultants are important to CMO and CPOs
Scarcity of Experienced Product Marketers: The rarity of experienced Product Marketing Managers and Directors highlights the challenge of finding skilled individuals in this field.
Importance of Product Marketing Consultants: Due to the scarcity, leveraging a product marketing consultant becomes crucial for organizations seeking strategic growth and effective product promotion.
Unlocking Growth Potential: Engaging specialized experts can help maximize growth, optimize product marketing efforts, and navigate the complexities of the evolving market landscape.
So, if you are a CMO or CPO seeking to hire a Product Marketing Consultant, look no further than B2C Product Marketing Agency. With over 30 years of experience in the discipline, we have a proven track record of successfully launching numerous products. Our expertise and insights can drive your product's success in the market. Contact us today for a free initial 30-minute consultation and discover how we can help elevate your product marketing strategies to new heights.