Understanding and Overcoming Procrastination

Create a Market Plan for introducing a new product or brand

Get Started. It's Free
or sign up with your email address
Rocket clouds
Understanding and Overcoming Procrastination by Mind Map: Understanding and Overcoming Procrastination

1. Why We Procrastinate

1.1. Reasons

1.2. Impediments to Overcome

1.3. Common Rationalizations

1.4. Instant Gratification Monkey

1.5. The Dark Playground

2. Overcoming Procrastination

2.1. Recognition

2.1.1. Situational Analysis / Drivers What is driving us to do this? SWOT Analysis Strengths Weaknesses Opportunities Threats Customer Findings - What have we learned from customers?

2.1.2. Competitive Analysis Do we have competitors and threats in these target markets with the proposed offerings? What are our competitors doing and how are they positioning? How do we position against each competitor?

2.1.3. Target Customer(s) Buyer Profile Title Industry Geography Business Size Influencer Profile User Profile What do customers want and need? What business problems do each of these customers have?

2.1.4. Customer Segmentation Which customers or sets of customers do we sell to? What are the target market segments that we want to go after? What are the distinct problems for each segment of the market?

2.1.5. Total Available Market New Prospects How much of each target segment have we penetrated? How much opportunity is available in each target segment? Existing Customers Can we up-sell existing customers?

2.2. Discovering "Why"

2.2.1. Service Offer What are we selling? Product Definition Pricing Packaging Positioning

2.2.2. Value Proposition What is the Value Proposition to the Customer? What pain are we solving?

2.3. Adopt New Stratagies

2.3.1. Revenue Forecasts Revenue and P&L Forecast (5 Years) Revenue should be split out quarterly

2.3.2. Cost Analysis Should include a description of the costs in entering this business and profitability analysis

2.3.3. Profitability Analysis P&L for the offer to include gross margin, net income and break even analysis.

2.4. Fool Proof Tips

2.4.1. Sales Strategy Direct Sales Strategy Inside Sales Strategy Channel Sales Strategy

2.4.2. Partner Strategy Channel Strategy What 3rd party channels should we consider for reselling this service? Technology Partnerships What technology vendors (if any) do we need to work with to execute on this plan? Solutions Partners

2.5. The "Now" Habit

2.5.1. Positioning & Messaging What is the key messaging and positioning for the service offer? (Pain, alternatives, solution) How do we communicate internally? How do we communicate externally?

2.5.2. Promotion Strategy Marketing Programs (Installed base versus new prospects) Advertising (Publications, etc.) Analyst Relations (Target Analysts) Public Relations Events (Trade shows, SEO/SEA, Seminars) Webinars

2.5.3. Demand Generation & Lead Qualification How do we generate and qualify new leads for the target offer? Prospect Lists Key Questions to Ask Sales Collateral Presentations Data Sheets White Papers ROI Tools Other Sales Tools (web site, etc.)

2.6. Discovering the Benefits of Overcoming Procrastination

2.6.1. Numbers, budget, waterfall, break-even (cost>leads>trials>deals)

2.6.2. Sales Programs

2.6.3. Accelerated Learning Strategy, Controls, Metrics

2.6.4. Include feedback loops

2.6.5. Include financial metrics (definition of success)

2.6.6. Pipeline reports, etc…

2.7. Benefits to Procrastination???

2.7.1. M&A?

2.7.2. Risk Analysis & Mitigation

3. Introduction

3.1. Definition

3.2. Characteristics

3.3. Inner Workings

3.4. Procrastinator's Brain vs Non-Procrastinators Brain

3.4.1. Training

3.4.2. Channels

3.4.3. International

3.4.4. Public Sector

3.4.5. Sales

3.4.6. Marketing Communications

3.4.7. Product Management