Question Page

Since payments are not like SaaS, where you are selling a subscription, how does your product marketing team define success?

Are you looking at things like adoption? If so, how do you work towards that or other success metrics?
Krithika Muthukumar
Krithika Muthukumar
OpenAI VP of MarketingDecember 19

When I was at Stripe, we had a robust self-serve channel in addition to sold deals. Startups that start by processing very small amounts of volume can grow up to be quite big. Our long-term bet hinged on this cohort-based approach, so we prioritized both channels ~equally.

Pageviews and impressions can be useful proxies to understand the impact a launch had on awareness, but the north star is usage and engagement. As a PMM group, we tried our best to align our metrics with the product and engineering groups, which means we’re looking at metrics that are further downfunnel than most other marketing teams. 

While our core product was payments infrastructure, we eventually also had software products like Stripe Radar or Stripe Sigma. Since the use cases they address and the user personas vary across the products, we defined usage and engagement on a per-product basis. We set usage and revenue targets annually, and tracked progress at monthly and quarterly business reviews for each product area. Some leading indicators include sign ups and MQLs + SQOs.

...Read More
2377 Views
Top Product Marketing Mentors
Morgan Joel
Morgan Joel
Intuit Head of Product Marketing, QuickBooks Live
Nisha Srinivasan
Nisha Srinivasan
Sr. Product Marketing Manager
Stevan Colovic
Stevan Colovic
Sharebird Product
Claudia Michon
Claudia Michon
Automation Anywhere Senior Vice President, Product & Solutions Marketing
Surabhi Jayal
Surabhi Jayal
Sharebird Marketing Associate
Kelly Farrell
Kelly Farrell
Intercom Product Marketing Manager
Claire Drumond
Claire Drumond
Atlassian Sr. Director, Head of Product Marketing, Jira and Jira suite
Meg Murphy
Meg Murphy
IBM CMO, IBM Systems
Natalie Louie
Natalie Louie
ICONIQ Capital Product & Content Marketing
Harsha Kalapala
Harsha Kalapala
AlertMedia Vice President Product Marketing