Product Chats Podcast

This is part three of a four-part series with pricing expert and Pragmatic instructor Mark Stiving. Each new episode will feature a case study on current pricing trends.   In this episode of Pragmatic Live, Rebecca Kalogeris, VP of marketing for Pragmatic Institute, and Mark discuss the trends in the housing market.   “The number one takeaway from this and to take away from every pricing situation is that we always put ourselves in the minds of our customers and try to figure out how are they making decisions.”   They discuss: The elements driving buyer behavior in the housing market. The reasons why Zillow stopped flipping houses. Answer: Labor shortage and “the winner's curse.” How we can apply lessons learned in the housing market to B2B and SAAS companies. Want to Learn More About Pricing Strategies?   Pragmatic Course: Pricing | $1,195 Learn more about pricing segmentation in the Price course. You’ll also learn how to determine market value and how to maximize your profit while minimizing discounting. You’ll be introduced to several pricing tools including Product Portfolio Worksheet Isoprofit Tables Pricing Ownership Matrix Value Matrix >> Enroll Today   Pragmatic Learning Network: Accelerate Your Subscription Business | $500 Pricing expert Mark Stiving brings his expertise on subscription models to our Pragmatic Learning Network to help product teams improve their subscription businesses and drive growth. In this self-paced course, students will learn: The three revenue buckets and how they drive prioritization The three levels to pull to create and capture more value Which growth strategies are best based on the life cycle of a product The four ways to grow revenue from a single customer >>Enroll Today 

This is part two of a four-part series with pricing expert and Pragmatic instructor Mark Stiving. Each new episode will feature a case study on current pricing trends.   Should Dollar Tree increase its product prices to $1.25 or reduce its costs by offering less at the same price? Well, they increased their price for the first time in 35 years, but was it the right choice?   In this episode of Pragmatic Live, Rebecca Kalogeris, VP of marketing for Pragmatic Institute, and Mark discuss the concept of shrinkflation. Specifically, how to know when it's the right time to increase prices or decrease costs.   They discuss: Why we might notice changes in volume, features and quality more than price changes. How do we make changes that increase profits but don’t upset buyers or users? Why now might be the best time to experiment with pricing. Want to Learn More About Pricing Strategies? Pragmatic Course: Pricing | $1,195 Learn more about pricing segmentation in the Price course. You’ll also learn how to determine market value and how to maximize your profit while minimizing discounting. You’ll be introduced to several pricing tools including Product Portfolio Worksheet Isoprofit Tables Pricing Ownership Matrix Value Matrix >> Enroll Today   Pragmatic Learning Network: Accelerate Your Subscription Business | $500 Pricing expert Mark Stiving brings his expertise on subscription models to our Pragmatic Learning Network to help product teams improve their subscription businesses and drive growth. In this self-paced course, students will learn: The three revenue buckets and how they drive prioritization The three levels to pull to create and capture more value Which growth strategies are best based on the life cycle of a product The four ways to grow revenue from a single customer >>Enroll Today

“It wouldn’t surprise me if these latest price increases won’t work out as well as previous ones,” - Mark Stiving   This is part one of a four-part series with pricing expert and Pragmatic instructor Mark Stiving. Each new episode will feature a case study on current pricing trends.   In this episode of Pragmatic Live, Rebecca Kalogeris, VP of marketing for Pragmatic Institute, interviews Mark about the streaming wars and more importantly, subscription-model pricing.   Netflix increased its pricing at the start of 2022 by $1 - $2 per month depending on the selected plan. Additionally, they are testing how to charge more for “sharing” accounts with friends and family who live in different places.   They discuss: How do we get different customers with different willingness to pay to still buy our product? The risk of offering ad-supported cheaper versions Why “good, better, best” options work so well in subscription services Want to Learn More About Pricing Strategies? Pragmatic Course: Pricing | $1,195 Learn more about pricing segmentation in the Price course. You’ll also learn how to determine market value and how to maximize your profit while minimizing discounting. You’ll be introduced to several pricing tools including: Product Portfolio Worksheet Isoprofit Tables Pricing Ownership Matrix Value Matrix >> Enroll Today Pragmatic Learning Network: Accelerate Your Subscription Business | $500 Pricing expert Mark Stiving brings his expertise on subscription models to our Pragmatic Learning Network to help product teams improve their subscription businesses and drive growth. In this self-paced course, students will learn: The three revenue buckets and how they drive prioritization The three levels to pull to create and capture more value Which growth strategies are best based on the life cycle of a product The four ways to grow revenue from a single customer >>Enroll Today

Let’s re-think innovation. Starting with the question, who can be an innovator? Answer: everybody. In this episode of Pragmatic Live, Rebecca Kalogeris, VP of marketing for Pragmatic Institute, interviews Carla Johnson, a global keynote speaker, a best-selling author, and a recognized marketing and innovation strategist.   They discuss: Why innovation is everybody’s job The 7 different innovation archetypes How an innovative Valentine's Day commercial sold routers in a new way > Watch It Additional Resources Take the Innovation Archetype Assessment *Re:Think Innovation by Carla Johnson*   Focus This course shows you how to find opportunities in your market’s problems, score them objectively and identify where your company’s strengths intersect with market values. Successful innovation happens when you know how to strategically direct your efforts and resources on the best ideas. >> Learn More   Design This course teaches you how to take a human-centered approach to market problems, so you can partner with designers to create intuitive products the market will embrace. Innovation isn’t just an idea, it’s how that idea comes into existence through design work. >> Learn More

This episode was recorded during our recent Product Chat Webinar. "Human-centered innovation" is the latest industry buzzword, and knowing how to leverage this approach is essential for driving success across products, services and business models. In this Product Chat, you'll learn... How human-centered innovation can help shape key business plans   Tactics for employing human-centered innovation within your organization Case studies of successful applications that created stellar impact for products and offerings

When you have a creative idea, you’re going to face objections. The best approach is to build the systems that’ll support the innovation even before you ask for additional resources from leadership. In this episode of Pragmatic Live, Rebecca Kalogeris, VP of marketing for Pragmatic Institute, interviews Kirk Westwood author of The Very Best Bad idea.   They discuss: Why a company must be agile for innovation to succeed The reaction to expect from others when you’re on the verge of innovation How to ask strategic questions to get buy-in for your idea Additional Resources At Pragmatic Institute, we offer two courses that’ll explore innovation in-depth. Focus This course shows you how to find opportunities in your market’s problems, score them objectively and identify where your company’s strengths intersect with market values. Then, you’ll learn how to use that knowledge and market data to successfully and credibly sell your strategies internally. Design This course teaches you how to take a human-centered approach to market problems, so you can partner with designers to create intuitive products the market will embrace. Leverage the power of design throughout the product life cycle to ensure market adoption, improve customer ratings and increase competitive advantage.

While you might be comfortable with the concept: NIHITO (nothing important happens in the office), getting the most out of market visits is challenging. In this episode of Pragmatic Live, Rebecca Kalogeris, VP of marketing for Pragmatic Institute, interviews Joy McCaffrey, product manager at LeaseQuery about her systematic approach to market research. They discuss:   How to leverage an interview questions library Capturing quantitative data and qualitative data by utilizing both open-ended and close-ended questions How to schedule time with customers, non-customers, users and executives Effective ways to present insights to leadership Additional Resources There is a new course update to Market. This course helps you gain a thorough understanding of your buyers and how they like to buy so you can build the product marketing strategies that deliver results. Learn More And, the newest course, Insight, provides you with a grounded and actionable approach to incorporating data into product practices and decisions. Learn More

This episode was recorded during our recent Product Chat Webinar.   When tackling market problems we all know the importance of identification and validation so we can move strategically and confidently towards building the kinds of products and features customers want to buy. Now more than ever, Agile has paved a new wave of product efficiency by enhancing collaboration using an incremental approach to providing solutions.   But how do you navigate the agile process for a product or feature when you’ve identified a market problem? What types of principles should you be adhering to and what are the biggest benchmarks to measure progress and success?   Join Lisa Boivin, Product Manager at Paramount+ for her discussion on how to use Agile to tackle market problems and help create features and products that over-deliver time after time.In this Product Chat, you’ll learn: How to use agile thinking to identify market problems Ways to solve market problems utilizing an agile workflow Key indicators for tracking progress and success and more!

Product marketing has evolved from a task management role to a strategic role in an organization. In this episode of Pragmatic Live, Rebecca Kalogeris, VP of marketing for Pragmatic Institute, interviews Pragmatic instructor Steve Gaylor about what it means to be a product marketer in 2022. They discuss: The responsibility of moving into a strategic role. The relationship between execution and strategy. The power behind knowing which activities and tasks to stop, not just what to start. How to think about buyers journey differently for renewals versus new customers. Additional Resources Market This course helps you gain a thorough understanding of your buyers and how they like to buy so you can build the product marketing strategies that deliver results. Learn More

Rebecca Kalogeris, VP of marketing for Pragmatic Institute, interviews Diane Pierson, an instructor at Pragmatic Institute, on the organizational mechanics of innovation.What does innovation mean at your company and to your leadership? That definition and focus give you and your team the ability to move in the most effective direction.   During this episode, Rebecca and Diane discuss: The difference between innovation and invention Thinking beyond existing personas Investing in emerging opportunities Setting realistic expectations around innovation initiatives Additional Resources [Podcast] How Forbes Creates Innovative Leadership Tactics and Product Approaches Without a Model Listen Now   [Course] Market helps you gain a thorough understanding of your buyers and how they like to buy so you can build the product marketing strategies that deliver results. Learn how to align across go-to-market teams by effectively sharing and leveraging your buyer knowledge to prioritize the right product marketing strategies.  Learn More