Go to Market project | Saveri
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Go to Market project | Saveri

Pre-GTM


Step 1: Define the problem & the context

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It is 26th of September and the organisation has the goal of achieving 1000 orders before the end of the financial year (next 6 months). Out of the 1000 orders, 250 orders are the target for the month of October because of the festive season for the company's own website.

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Step 2: Define the goal

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250 orders in 30 days with a budget of 20,000

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Step 3: List down all the input levers to that goal.

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For 250 orders, we need :

β†’ 500 add to carts

β†’ 9500 visitors

which is =

β†’ 70% Performance

β†’ 30% Instagram Organic

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Step 4: The users

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Criteria

ICP 1

ICP 2

Age

25-35

27-35

Gender

Female

Female

Place of current residence

Mumbai, Bangalore

Mumbai, Bangalore

Annual Income

15 Lakhs +

15 Lakhs +

Needs for jewellery

Herself

Gifting

Avg. order size value the particular reason (with w new brand)

<1500 Rupees

<1000 Rupees

Most used apps

Instagram, LinkedIn, Youtube

Instagram, Youtube, Linkedin

touchpoints for buying jewellery for the specific reason

* Friends * Insta Ads * Influencers * Reels/Shorts *

* Popular brands * Physical stores

Non negotiables

Quality, experience, customer service, pictures of the product in real life scenarios (UGC)

timely delivery, packaging, quality

Negotiables

Discounts


Add ons (that they would appreciate)

Exchange value

Postcards with a personalised message

Frequency of buying jewellery

1/month or more

3-4 times / year

Market Size



KEY ICP DEFINITION

Women with good disposable income who wouldn’t mind spending upto 1500 rupees on a jewellery piece that they like, when they see it

Women with good disposable income who are looking for a thoughtful jewellery gift for their close friends

Interests

fitness, pop culture, bollywood, finance, personal growth, sports


Values & Preferences



Life Goals

financial, health

financial, health

Pain points

Expensive or bad quality jewellery, no standout designs

Not being able to decide what to gift and bad packaging with current alternatives, expensive jewellery

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Step 5: User Segmentation

Pitch segmentation based on user insights:

β†’ Own use

β†’ Gifting

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For Own Use

For Gifting

Usage Characteristics

Buy when they have money in the account and like a design on ads

Buy when they are looking for a gift for a close friend/family

Recency of use case

Last month

once in the last quarter

Natural Frequency

1/month

4/year

Monetary/AOV/Revenue Generated

AOV - 1100

AOV - 1500

Pain Points

Lack of good unique designs

Bad packaging and no personalisation

Valued Features

Good user experience and after sale service

Personalised notes/postcards, good packaging and exceptional after sale service

Core Value Proposition

For women aged 25-35 who need good unique designs for themselves, Saveri is a silver jewellery brand that provides them a unique collection of silver jewellery

For women aged 27-35 who want to gift silver jewellery in within the range of 1500, Saveri is a silver jewellery brand that ensures that gifts are sent with a personalised touch and exceptional packaging

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Step 6: Channel and distribution documents


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Performance Marketing -

Goal

175 orders

Impact

70%

ICPs

ICP 1 and 2

Pitch

Unique collection to satisfy your need for something new, still fitting your comfort zone.

Gifts that create value for you because of the personalisation

OKR alignment

100%

Budgets

1,00,000

Creatives

Drive linked attached

Organic Instagram -

Goal

75 orders

Impact

30%

ICPs

ICP 1 and 2

Pitch

Unique collection to satisfy your need for something new, still fitting your comfort zone.

Gifts that create value for you because of the personalisation

OKR alignment

100%

Budgets

15,000

Creatives

Drive link attached

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Distribution lever docs

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Step 7: Project planning

Make a project plan nailing the launch date and work the dates backwards. The table should have name of the milestone, owner, description.


Date

Milestone

Owner

Description

1 October

Launch

Performance and Social media teams

Upload the content on social media and start the performance marketing campaign

3 October

Check-up

Performance and Social media teams

Check for any technical issues in the launch and make corrective decisions.

10 October

35% orders

Performance and Social media teams

Check if the GTM has been able to achieve 88 orders. If not, take corrective actions

20 October

70% orders

Performance and Social media teams

Check if the GTM has been able to achieve 175 orders. If not, take corrective actions

31 October

100% orders

Performance and Social media teams

Check if the GTM has been able to achieve 250 orders. If not, take corrective actions







Step 8: Cross functional alignment


We have a lean team and not a very clear functional divide

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During-GTM


Step 1 : Set Milestones

  1. Visitors - 9500 visitors on the website
  2. Add to carts - 500 add to carts
  3. Orders - 250 orders
  4. CPC - 15 rupees for Performance Campaign
  5. AOV - 1000 rupees

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Step 2: Analyse & Communicate

We have a lean team so complex communication process is irrelevant

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Following section not relevant-


Note: This last section might not be relevant to you if you just got done with your GTM. But make sure you come back to this and analyse your post GTM success!

If you have done a GTM before, you can use that GTM as a reference to do Post - GTM

Post-GTM


Step 1: User calls

Speak to 5 users to validate the hypothesis your GTM was built on.

For example β†’

If you assumed, users are more likely to buy when there is bundling, speak to users to understand why they bought/ didn’t buy. Validate all hypothesis

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Step 2: Look at data

Collate all data and analyse to validate your hypothesis

For example β†’

If you assumed, a 5% conversion from add to cart to purchase, were you right? is it higher? is it lower? what worked or didn’t work?

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Step 3: Debrief

Write a small debrief doc. Share this with the main stakeholders and hold a 15 min debrief with the end stakeholders.


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