These choices matter
Choosing Your customer
Identification and Prioritization of Beachhead Alternatives
Identify a shortlist of ideal beachhead customers
How can you create real value for a meaningful and specific group of end users from your idea?
For each potential set of end users, who are the lead customers, key partners, and competitors? How large is the market?
Prioritize on the basis of relative value creation
Among potential beachhead markets, what segments might be feasible for your venture, given the resources and capabilities you could reasonably acquire over the medium term (e.g., How will your ideal customer know about you? What is the purchasing process? What is the LTV / COCA?)
Strategic Ranking of Alternative Beachheads
Assess the ability to reference each beachhead in transitioning to the mainstream market
How does each beachhead compare in terms of the ability to facilitate the transition to follow-on markets?
Do candidate beachhead customers provide a credible reference to follow-on customer segments? Will transition to follow-on customer segments require significant changes to product, features, and service? Will there be a tension between the marketing and branding for candidate beachhead and follow-on segments?
Gauge the opportunities for learning in each beachhead
How does each beachhead compare in terms of generating opportunities for further learning about the market?
Among the candidate beachheads, are there significant frictions that may limit interaction with users (e.g., as a result of distance, secrecy agreements, or administrative costs) and reduce opportunities for learning?
Narrow The Beachheads Alternatives
Conduct low commitment learning
What are the key assumptions (hypotheses) that underlie the choice of each potential beachhead?
Is there a critical experiment that does not involve considerable commitment that will allow you to test these core hypotheses in a timely and cost-effective way?
Core Concepts and Workbook (PDF)
Choosing Your Technology
Core Concepts and Workbook (PDF)
Choosing Your Organization
Core Concepts and Workbook (PDF)
Choosing Your Competition
Core Concepts and Workbook (PDF)