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PRODUCT DEVELOPMENT INSIGHTS CONFERENCE 9 | 12 Ignite Presentations (six presentations on insight) moderated by Ian Spalter of FourSquare Robert Gaafar, CropUp (formerly of Carrot Creative) How to approach a ‘new’ product category #productnyc

Robert gaafar, crop up (formerly of carrot creative) how to approach a ‘new’ product category

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Page 1: Robert gaafar, crop up (formerly of carrot creative) how to approach a ‘new’ product category

PRODUCT DEVELOPMENT INSIGHTS CONFERENCE 9 | 12

Ignite Presentations(six presentations on insight) moderated by Ian Spalter of FourSquare

Robert Gaafar, CropUp (formerly of Carrot Creative)How to approach a ‘new’ product category

#productnyc

Page 2: Robert gaafar, crop up (formerly of carrot creative) how to approach a ‘new’ product category

How to Approach a ‘New’ Product Category

Robert GaafarCEO

@robgaafar

Page 3: Robert gaafar, crop up (formerly of carrot creative) how to approach a ‘new’ product category

Meet Willie Sutton

Page 4: Robert gaafar, crop up (formerly of carrot creative) how to approach a ‘new’ product category
Page 5: Robert gaafar, crop up (formerly of carrot creative) how to approach a ‘new’ product category

That’s where the money is!

Why do you rob banks?

Page 6: Robert gaafar, crop up (formerly of carrot creative) how to approach a ‘new’ product category

#1 - Practice Sutton’s Law

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7

If I had to guess, social commerce is the next area to really blow up.

-Mark Zuckerberg

“”

Page 8: Robert gaafar, crop up (formerly of carrot creative) how to approach a ‘new’ product category

No, I don’t want a Brazilian Bikini Wax!

Page 9: Robert gaafar, crop up (formerly of carrot creative) how to approach a ‘new’ product category
Page 10: Robert gaafar, crop up (formerly of carrot creative) how to approach a ‘new’ product category

#2 - Focus on the road, not the wall

Page 11: Robert gaafar, crop up (formerly of carrot creative) how to approach a ‘new’ product category

Users spend the majority of their time on the newsfeed.

Page 12: Robert gaafar, crop up (formerly of carrot creative) how to approach a ‘new’ product category

Fish where the fish are.

Page 13: Robert gaafar, crop up (formerly of carrot creative) how to approach a ‘new’ product category

Buyable Stories

• In-Stream

• Social sharing is native

• Commerce through content

• Exclusive Products

Page 14: Robert gaafar, crop up (formerly of carrot creative) how to approach a ‘new’ product category

#3 - Take the Mom Test

Can you explain what you do, to your Mom in one sentence?

Page 15: Robert gaafar, crop up (formerly of carrot creative) how to approach a ‘new’ product category

Define your Value

Page 16: Robert gaafar, crop up (formerly of carrot creative) how to approach a ‘new’ product category

Offer the right promotion at the right time to the right

person.

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•Free feedback

•Collect logos

•Create demand

#4 - Get some Friendlies

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Don’t worry about your competitors....yet

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It’s scary........

(but not as scary as Jenga)

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Recap

1)Practice Sutton’s Law

2)Focus on the Road3)Take the Mom Test

4)Get some Friendlies

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Thank You

@[email protected]