fitting product to market – do's & dont's - venugopal iyengar, coo, apalya...

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Product Market Fit Or the quest for true happiness

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Page 1: FITTING PRODUCT TO MARKET – DO'S & DONT'S - Venugopal Iyengar, COO, Apalya Technologies

Product Market Fit

Or the quest for true happiness

Page 2: FITTING PRODUCT TO MARKET – DO'S & DONT'S - Venugopal Iyengar, COO, Apalya Technologies

Definition… lets get it over with

• Product-market fit: – Being in a good market with a product that can

satisfy the market

– Being in a good market (??) with a product that can satisfy (??) the

market

Page 3: FITTING PRODUCT TO MARKET – DO'S & DONT'S - Venugopal Iyengar, COO, Apalya Technologies

Jokes that are not really jokes…

Page 4: FITTING PRODUCT TO MARKET – DO'S & DONT'S - Venugopal Iyengar, COO, Apalya Technologies

And theories that are not always theories…

Page 5: FITTING PRODUCT TO MARKET – DO'S & DONT'S - Venugopal Iyengar, COO, Apalya Technologies

A bit of background• Pioneering mobile video – Visionary product, low visibility market

• Juggling with constraints– Satisfying demand?

• Evolution– Video makes its mark– Biggest ticket

• Expansion – It’s not an option!

Page 6: FITTING PRODUCT TO MARKET – DO'S & DONT'S - Venugopal Iyengar, COO, Apalya Technologies

Was there a method?

Not really

But there are learnings

Page 7: FITTING PRODUCT TO MARKET – DO'S & DONT'S - Venugopal Iyengar, COO, Apalya Technologies

The Journey – A Changing ecosystem

Page 8: FITTING PRODUCT TO MARKET – DO'S & DONT'S - Venugopal Iyengar, COO, Apalya Technologies

The Product Market Journey… in no particular order

PRODUCT

OTT, Multiscreen play, full spectrum capability

Direct to Consumer

Engagement, reminders notifications

WAP to App

Multiple CDNs

Adaptive Bit Rate

Video stitching

THE QUEST FOR FIT

Poor Networks, Basic devices

Global Push, discovery of video, differentiation

Improving networks, Push for data

Data growth, Operator support

Smartphones, Apps, Organic discovery

Mobile-heavy, TV Hungry

MARKET

Mobile TV

Multi-operator model for Live TV

B2b App upgrade, early days of on-

demand

Platform Licensing

Multiple device, broadband growth

OTT, Carving a niche

D2C App with operator billing

Beginning of International push

Page 9: FITTING PRODUCT TO MARKET – DO'S & DONT'S - Venugopal Iyengar, COO, Apalya Technologies

And finally… the sales model

Page 10: FITTING PRODUCT TO MARKET – DO'S & DONT'S - Venugopal Iyengar, COO, Apalya Technologies

Find your road

Make your Journey