JoVE Logo

Sign In

A Go-To-Market (GTM) strategy is a plan that helps businesses launch their products or services to specific customer groups. This strategy ensures the product's message aligns with customer needs and preferences identified through market research. This approach aims to communicate the product's value to various market segments effectively.

To enhance customer engagement, a GTM strategy involves selecting the best channels to engage different customer segments. It is a flexible plan, continuously refined using powerful analytics and CRM tools to monitor customer interactions and make data-driven adjustments. This approach allows for a responsive marketing strategy, leveraging data insights in sectors like finance for targeted promotions and education for service refinement based on student feedback. Social media further supports GTM strategies by broadening reach and building loyalty through direct engagement.

An effective GTM strategy unifies key departments—such as marketing, sales, and customer support—under a unified plan. This alignment ensures that all teams work toward shared objectives, creating a consistent customer experience across touchpoints. It fosters a sense of cohesion and collaboration in your approach. Additionally, incorporating a backup plan within the GTM strategy enables teams to respond swiftly to potential risks, such as changes in market demand or competitor actions, which enhances the company's ability to remain competitive.

This coordinated approach supports the product's market entry and lays the foundation for sustainable growth, ensuring that messaging and sales tactics align precisely with customer expectations and market dynamics.

From Chapter 11:

article

Now Playing

11.15 : Go to Market Strategy

Competitive Marketing Strategies

8 Views

article

11.1 : Introduction to Marketing Strategy

Competitive Marketing Strategies

115 Views

article

11.2 : Creating Competitive Advantage

Competitive Marketing Strategies

24 Views

article

11.3 : Dealing With Competition - Identify the Competitors

Competitive Marketing Strategies

23 Views

article

11.4 : Dealing With Competition - Assess the Competitors

Competitive Marketing Strategies

26 Views

article

11.5 : Selecting Competitors to Attack or Avoid

Competitive Marketing Strategies

52 Views

article

11.6 : Approaches to Marketing Strategy

Competitive Marketing Strategies

27 Views

article

11.7 : Basic Competitive Strategies

Competitive Marketing Strategies

101 Views

article

11.8 : Value Disciplines for Superior Customer Value

Competitive Marketing Strategies

23 Views

article

11.9 : Designing Competitive Marketing Strategies

Competitive Marketing Strategies

32 Views

article

11.10 : Market Leader Strategies I

Competitive Marketing Strategies

7 Views

article

11.10 : Market Leader Strategies II

Competitive Marketing Strategies

29 Views

article

11.11 : Market Challenger Strategies

Competitive Marketing Strategies

65 Views

article

11.12 : Market Follower Strategies

Competitive Marketing Strategies

92 Views

article

11.13 : Market Nicher Strategy

Competitive Marketing Strategies

31 Views

JoVE Logo

Privacy

Terms of Use

Policies

Research

Education

ABOUT JoVE

Copyright © 2025 MyJoVE Corporation. All rights reserved