Available Now for a Limited Time

In response to the coronavirus pandemic, The Quest Team has developed a livestream edition of this important course, available while the coronavirus is preventing students from traveling and and attending the classroom edition.


Substantial Savings

In addition to avoiding travel and lodging expenses, the online edition is priced 35% less than the classroom edition.


Assure Ongoing Profitable Growth and Market Position

Developed for the semiconductor equipment and materials industry, Fundamentals of Product Marketing 2.0 focuses upon professionals in product marketing, product management, and program management functions, and as a knowledge source for executive management. The course's purpose is to enhance each participant's skillset and provide a high degree of expertise in review, analysis and improvement of a product or product line to assure ongoing profitable growth and market position.


Who should attend

Recommended for industry professionals from companies of all sizes interested or working in product marketing or product management, regardless of experience.


Course Outline

The course consists of 3 segments with a total of 10 sessions. You may register for one, two or all segments. Each session runs from one to two hours in length. Each livestream session will be posted online to view as a webcast.

Part 1 - The Marketing Function in the Semiconductor Environment

Session 1.1. The Semiconductor Environment


This session provides a comprehensive overview of the semiconductor and semiconductor equipment/materials industry from an historical, current and future perspective. An examination of market forces draws conclusions as to where and how the industry is heading. Both detailed and broad perspectives are included in the material.


What you will learn

  1. Industry environment
  2. Critical supply chains
  3. Clues to future opportunities
  4. Industry direction
  5. Classical Moore's Law vs. new "More than Moore" technology directions and drivers

Session 1.2. Product Marketing Overview – Roles and Key Deliverables


The word marketing can mean any number of things in different industries, from product placement to advertising to customer relations. The role of marketing in the field of semiconductor equipment and materials is as unique as it is important. Often, newcomers to the marketing role can be overwhelmed by the sheer breadth of responsibility... demo reports, engineering meetings, strategic planning, manufacturing demand planning, and a seemingly endless barrage of meetings. On top of this, marketers are often thrown into the role as a transition from a technical function with little or no training.

This section focuses on the value marketing brings to the organization, and what you can do to help keep grounded in the important deliverables which unlock growth. Learn to distinguish the urgent from the important and apply some core skills to make your product, your company, and your own career a success.


What you will learn

  1. Marketing's role in the organization
  2. The core marketing deliverables
  3. Market validation
  4. Scorecard
  5. Build perceived value in a product
  6. Value pricing

Session 1.3. Marketing in the Product Development Process


Without a product there is no business. Developing a product in our industry is a unique and typically expensive endeavor, taking many years and often tens or hundreds of millions of dollars before achieving success. In this environment, you better make sure that you are developing something that your customer will want and value and be willing to pay for! This is the unique role of marketing.

This section covers the role of marketing within the team sport that is product development. Learn processes for managing the product development process, and the key deliverables of marketing to enable long-term success.


What you will learn

  1. Product development framework
  2. The phase-gate process
  3. Marketing's role in the phase-gate process

Session 1.4. International Aspects of Marketing


This session provides an understanding of the considerations to examine when interacting and marketing to various cultures. Norms and ethics are explored as well as governmental policies that could affect the business environment. Substantial detail provides an understanding of how to approach each industry associated region. Presentation of a Culture Map delineating expectations of the business world in each regions and provides understanding of the relative differences between countries.


What you will learn

  1. Linking your product/product line on a "One-World" Stage
  2. Culture Map attributes in different countries
  3. IP Rights index
  4. Implications for product marketing
  5. Understanding the norms in each region
  6. Emphasizing product benefits (and features) as a function of geography
Part 2 - Product Marketing Functional Processes

Session 2.1. Market Segmentation & Product Positioning


To compete successfully in today's volatile and competitive markets, mass marketing is not the best option. Instead, marketers must attack niche markets that exhibit unique needs and wants. Market segmentation is the process of partitioning markets into groups of potential customers with similar needs or characteristics who are likely to exhibit similar purchasing behavior. As such, market segmentation strategy is a foundation leading into positioning and branding. Possible methods of determining viable market segments are explored and linked to possible strategies for optimizing payoff by meaningful segmentation of the market.

Positioning then comes into play and requires being proactive in the market place and truly understanding both the competitor's and customer's mind sets. Through presentation of positioning concepts, participants are lead to discover what stands in the way of getting the positive attention of customers. An exploration of different strategies, based upon the product's existing and desired position in the market place, lead to the requirements of pursuing each. A special exercise, transfers the concepts to real life issues participants are facing. This begins a positioning analysis process for continuation after the program.


What you will learn

  1. Purpose of and the payoff from market segmentation
  2. Examples of segmentation in the semiconductor field
  3. Determination of strategies for targeted segments
  4. Positioning strategies and examples
  5. Proactive positioning
  6. A Positioning "Starter Kit"

Session 2.2. Defining Product Differentiation and Value Propositions


Identifying the product's payoff and translating it to the customer face-to-face, in promotional materials, or through news releases, requires understanding what the customer deems important and then using provable messages that highlight this. It starts when the product is being defined and features-benefits-proofs are developed through interaction with sales and customers, and making a valid interpretation of what competitors are offering. Messages are then refined through meaningful "value propositions". While this sounds like a simple concept, experience has shown that the process is often poorly handled.

Effective developmental approaches, as well as multiple examples of effective "value propositions", are explored to assist the product marketing professional in guiding the construction of the materials and wording to be used in the field.


What you will learn

  1. Developing your product's uniqueness
  2. Surfacing meaningful product payoffs for customers
  3. Guidelines for effective "value proposition" development
  4. Meeting the messaging needs of sales

Session 2.3. Product Distribution Plan and Field Support


Introducing new products into the market requires the same consideration as product development and inherently has many possibilities for failure. There are, however, ways to reduce risk and increase the possibility of roaring success. Support materials, training, field support, and required feedback systems are explored for various distribution channels.


What you will learn

  1. Elements that need to be defined or developed
  2. Clear definition of field support
  3. Promotional support
  4. Keys to success

Session 2.4. Product Pricing Plan


To achieve optimum profits, pricing decisions must be integral to product strategy development from the very beginning. It doesn't begin with costs. Instead, the starting point is to determine what the customer will pay for the product that exists or is being defined.

A focus on pricing offers numerous mechanisms to change the characteristics of the market, impact life cycle curves, establish positions, and other significant factors. Nine prime pricing models are explored in terms of their intentions, considerations, and outcomes.


What you will learn

  1. Gathering data
  2. Who should be Involved
  3. Understanding different models
Part 3 - Marketing Strategies

Session 3.1. Strategic Marketing. Growing Beyond the Core


A company's growth strategy often includes a mix of initiatives for both existing (core) and new customers. While the path to success in core markets is not easy, the path to finding and executing on opportunities in new markets introduces a geometric growth in complexity and uncertainty.

In this section you will learn the fundamentals of creating a strategy of growth which includes an optimal mix of core and new market initiatives. You will learn some frameworks for the unique process of exploring opportunities in unfamiliar markets and with new business models. Risk management is a key element of any growth initiative, but especially so in unfamiliar territory - you will learn some tools to help identify, communicate, and manage risk. Additionally, learn how collaboration with ecosystem partners (universities, start-ups, etc.) can be an important strategy to help drive growth while mitigating risk.


What you will learn

  1. Growth cycle
  2. Growth horizons framework
  3. Risk management
  4. Pipeline management
  5. Rapid learning
  6. Collaboration & open innovation

Session 3.2. Building a Product Strategy & Roadmap


Creating a winning business in semiconductor equipment and materials involves solving customer challenges time after time. This is not a "one and done" type of business. Customers rely on us to meet today's challenges as well as tomorrow's, and the learning from today will feed the solutions of tomorrow.

In this environment, a good marketer will have a thoughtful roadmap for their product which both serves the customers' needs and delivers growth to your company. This section will cover the strategic and tactical aspects of creating a winning product strategy to deliver growth for you and your customers year after year.


What you will learn

  1. Strategic planning
  2. Building a product roadmap
  3. Strategic roadmapping

What Participants Say

About Fundamentals of Product Marketing

"Absolute necessity for product management. Great topics, well presented, well organized."

–Joe Wildgoose
Product Manager
Entegris
Franklin, MA

"Can't live without it! This course prepared me for my new role in Product Marketing, and gave me the tools and methodologies to succeed in my new role."

–Kiyomi Monro
Market Development Manager
Coherent
Osaka, Japan

"You must have this course under your belt. This is the second time I took this course and it was still a lot of new information to absorb."

–Brandon Lee
Director of Marketing & Business Development
Cimac, Inc.
San Jose, CA

"It got me enthusiastic again about being in product marketing. Lots of good ideas and presenters. A lot of info that can be used in real life. Kudos for awesome time management! Started on time, finished on time."

–Russell Stevens, Applications Engineering Manager
Sachem, Inc., Austin, TX

Fundamentals of Product Marketing

was awarded the

Certificate of Achievement
in Education

by the
American Society of Association Executives

The American Society of Association Executives awarded Quest Team it's prestigious National award, the Certificate of Achievement in Education, in the category, "Best United States program delivered through a large industry association."

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Location: Quest Team Virtual Classroom
Days and Hours: Sessions are held on Tuesdays and Thursdays. Each day's session begins at 8:00 am PDT and runs for one to two hours in length.
If you miss a session, no worries! If you are unable to attend one or more of the live sessions, you can still access the on-demand session video. Videos will be posted shortly after each session and remain available until 30 days after the close of the final session.
$325  
Part 3. Marketing Strategies
Tuesday, Oct 20, 2020 to Thursday, Oct 22, 2020
BONUS! Register for all three segments and enjoy free enrollment in our on-demand course, Pricing and Costing. That's a $125 value, yours free!
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