B2B vs B2C Product Management - How you approach it, what metrics you care about and the differences in the buy and how that affects your privatization as a Product Manager
2. I am Mike Siegel (@mikejsiegel)
Im a Product Geek
2HELLO!
3. B2B SaaS company for
Planners & Properties
損 Diagram
損 Check-In
損 Seat
損 Propose
3Social Tables
4. B2B SaaS
損 Business to business Software As a Service
損 Delivered over the internet
損 Subscription Service (Monthly or Annually)
損 Improves gradually overtime
4
5. Ad-Driven B2C Applications
損 Large User Base
損 Monetized by Ads
損 Two products - the actual product and the people
5
6. Essential Product Management - Whats in Common
損 Identify Needs
損 Develop MVP -> Deploy -> Iterate
損 Customer Interviews
損 Roadmaps
損 Feature Definitions / User Stories
損 Objectives and Key Results
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7. B2B SaaS
損 Serves companies not an
individual person
損 Business model - Monthly
or Yearly subscription
The Business Differences
Ad Driven B2C
損 Serves Individuals
損 Business model - Ads. Free
損 People ARE the product
損 Deliver the right Ad to the
right person at the right
time
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8. B2B SaaS
損 ARR (MRR) - Annual Recurring
Revenue (Monthly Recurring
Revenue)
損 ASP - Average Sales Price. How much
customers are paying per year
損 CAC - Customer Acquisition Cost
損 COS - Cost of Service
損 Churn - Losing a Customer
損 LTV - Lifetime Value
The Metric Differences
Ad Driven B2C
損 DAU (MAU) - Daily Active Users
(Monthly Active Users)
損 Time Spent
損 ARPU - Average Revenue Per User
損 CPC - Cost Per Click
損 CPM - Cost Per Thousand
Impressions
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11. B2B SaaS
損 Non-user Buyer
損 Sales Force
損 Reference Customers
The Growth Differences
Ad Driven B2C
損 User driven
損 Word-of-mouth
損 Network Effects
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12. B2B SaaS
損 More upfront design
損 Slower product roll outs
損 Security and stability
損 Cater to Elephants
The Development Differences
Ad Driven B2C
損 Continuous Deployment
損 A/B Testing
損 Scalability
損 Appeal to the Masses
12
14. B2B SaaS
損 Enabling Sales
損 Aiding Customer Success
損 Salesforce Data
損 Managing One Offs
損 Key Results - Reduce
Churn, Increase ASP
Day to Day Product Management Differences
Ad Driven B2C
損 Heap, Google Analytics Data
損 Growth Vs. Monetization
損 Enabling Ad Sales
損 Measuring Ad Effectiveness
損 Key Results - Increase DAU,
Increase Time Spent,
Increase Ad Clicks
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15. Recurring
B2B SaaS business model is
recurring revenue which builds
over time.
Eyeballs
Ad driven products are all about
eyeballs. MAUs, DAUs, Time
Spent per day.
Speed
Speed is important in B2B, even
more important with B2C apps.
Elephants
In B2B, all customers are not
equal. With B2C apps, users are
more equal but there are
demographic preferences.
Growth
In B2B, you can explain your
value to a prospect. With B2C the
product must sell itself.
Great Products
Understand the needs of all the
users that engage with your
product end-user, a corporate
procurer or advertiser and
maximize the products
usefulness for all of them.
Lets review some concepts 15
16. Any questions?
You can find me at:
損 @mikejsiegel
損 mikes.im
損 mike@socialtables.com
16THANKS!
Editor's Notes
*This is generally the case but not always
Do Cater to Elephants last
Talked about Instrgram Stories stunting Snapchat growth
*This is generally the case but not always
Learn to say No. Its very hard to not fall in the trap of making something for one customer