CRAFTED.

Is It Cake or a Muffin? How to Position Your Product and Drive More Sales | April Dunford (bestselling author and advisor)


Listen Later

April Dunford is an expert at product positioning. She’s advised hundreds of B2B companies on how they can make their products Obviously Awesome  — that’s also the title of her bestselling book on positioning.

On this episode of CRAFTED., April shares tips on how you can make your product standout and how you can drive more sales — that’s the focus of her latest book, Sales Pitch.

April says great positioning starts when you truly understand the answer to this question: “If you didn't exist, what would a customer do?” 

And the answer may surprise you: “We lose half of our deals in B2B to ‘do nothing!’” 

Do nothing – the status quo – is a fierce competitor and April has identified ways to help customers gain the confidence they need to make a scary purchase decision (e.g. buying a new CRM). Key here: don’t sell to your customer; help them buy. 

April is fun and has a knack for sharing colorful anecdotes and analogies that will stick with you. e.g. Tune in to find out what buying a toilet has to do with B2B SaaS. 

Takeaways from this episode:

  • Positioning defines how your product is the best in the world at delivering something to a defined group of people
  • Great positioning starts with understanding the competition. Not what you think the competition is, but what your customers actually evaluate you against. e.g. Is your product cake (dessert) or a muffin (breakfast)? They’re both made of bread and pretty similar, but they’ve got totally different competitors.
  • Startups often have great positioning at the outset, but then it slips over time as new competitors copy what you do and your uniqueness gets lost. You need to pay attention to your positioning as the market changes.
  • Don’t sell! Help your customers buy. Don’t assume they know how to! Imagine you’re selling a CRM… When was the last time your customer bought one? Ten years ago? If ever. Help them contextualize your product among the others out there.
  • Lead with business outcomes! Not features.

Key Moments:

  • (00:00) - Introduction
  • (02:20) - - Working with founders, being "the positioning expert", and why positioning is so tricky to get right
  • (05:22) - - How to make your product "Obviously Awesome"
  • (07:18) - - The five elements of great positioning
  • (15:59) - - Why "do nothing" is your strongest competitor: 50% of B2B deals are lost to "do nothing"
  • (17:43) - - Don't sell: Rather, "help your customers buy" (and what buying a toilet has to do with this)
  • (29:50) - - April positions herself: How she grew her personal brand and narrowed in on her solopreneur offering
  • (33:16) - - Outro

  • CRAFTED. is brought to you in partnership with Docker, which helps developers build, share, run and verify applications anywhere – without environment confirmation or management. More than 20 million developers worldwide use Docker's suite of development tools, services and automations to accelerate the delivery of secure applications.

    CRAFTED. is produced by Modern Product Minds, where CRAFTED. host Dan Blumberg and team can help you take a new product from zero to one... and beyond. We specialize in early stage product discovery, growth, and experimentation. 


    Subscribe to CRAFTED., follow the show, and sign up for the newsletter 👉 crafted.fm


    ...more
    View all episodesView all episodes
    Download on the App Store

    CRAFTED.By Dan Blumberg

    • 4.1
    • 4.1
    • 4.1
    • 4.1
    • 4.1

    4.1

    47 ratings


    More shows like CRAFTED.

    View all
    This Week in Startups by Jason Calacanis

    This Week in Startups

    1,270 Listeners

    The Changelog: Software Development, Open Source by Changelog Media

    The Changelog: Software Development, Open Source

    283 Listeners

    Freakonomics Radio by Freakonomics Radio + Stitcher

    Freakonomics Radio

    32,202 Listeners

    The Martin Lewis Podcast by BBC Radio 5 Live

    The Martin Lewis Podcast

    54 Listeners

    Fintech One•On•One by Peter Renton

    Fintech One•On•One

    55 Listeners

    a16z Podcast by Andreessen Horowitz

    a16z Podcast

    1,030 Listeners

    The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

    The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

    517 Listeners

    Investing in Real Estate with Clayton Morris | Investing for Beginners by Clayton Morris

    Investing in Real Estate with Clayton Morris | Investing for Beginners

    1,064 Listeners

    Y Combinator Startup Podcast by Y Combinator

    Y Combinator Startup Podcast

    216 Listeners

    The Indicator from Planet Money by NPR

    The Indicator from Planet Money

    9,553 Listeners

    MarTech Podcast ™ // Marketing + Technology = Business Growth by I Hear Everything

    MarTech Podcast ™ // Marketing + Technology = Business Growth

    162 Listeners

    Pattern Breakers by Floodgate

    Pattern Breakers

    379 Listeners

    This Is Purdue by Purdue University

    This Is Purdue

    118 Listeners

    Postgres FM by Nikolay Samokhvalov and Michael Christofides

    Postgres FM

    20 Listeners

    The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis by Nathaniel Whittemore

    The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis

    456 Listeners