Everyday, we meet a lot of early stage companies in the tech industry. By the way some describe themselves, you'd think marketing consultants would be very busy, because a lot of these companies need a lot of help figuring out what they do, the problem they solve, or the market they address.
Here's a little exercise. Fill in the blanks for what you think you are offering the market:
"The most important thing our product does is (functionality) because nobody else helps (target customers) solve this (business problem) the way we do because of (differentiation) and this is valuable because (so what)."
Can you easily fill in the blanks? Better yet, get the rest of your management team to independently do the same exercise and compare the result. Same answers?