The ChallengeA year prior to the planned launch of a new decentralized serverless cloud platform, the founder sought our expertise. The platform had been in development for five years without any market testing. The founder needed assistance in understanding the current market landscape and prioritizing functionalities and integrations for the product launch, as well as determining effective marketing positioning.
Our ApproachInitially, the client aimed to conduct interviews with potential users to gather insights on their needs and use cases. However, we identified a critical gap: the team lacked an objective market assessment, including market size, segmentation, competitive landscape, and competitor offerings. This information was essential for internal alignment and to create a credible reference document for the team.
Recognizing the unique characteristics of the B2B cloud industry, we adjusted our strategy. We conducted two comprehensive desktop studies: one focusing on market analysis, and the other on competitor offerings and audience analysis. Additionally, we recommended supplementing our findings with expert interviews targeting decision-makers in companies that select cloud platforms, rather than just end users.
Key Findings and ImpactThe client received a detailed landscape analysis, which included:
- Market Size and Composition.
- Customer Profiles.
- Competitive Analysis: A thorough examination of market leaders, their offerings, and positioning strategies.
- Marketing Recommendations: Strategies for selecting target niches and segments.
The product was successfully launched six months after our study, equipped with a clear understanding of the market dynamics and a strategic approach to functionality and positioning.
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