Blog Category: Blog

Create a Product Spec in Four Steps

create a product spec

Within every new product initiative, we must create a product spec.  As a result, engineers need to know what to “build to.” Meanwhile, modern innovation methods begin with customer needs as the input to the process, leaving an important, and too-often unanswered question, “How do we get from a customer need to a product specification?” ... Read More

The Amazing ROI for Voice of the Customer

Show-Exponential-growth

Some would say that investments in Voice of the Customer are “too expensive and time consuming.” After all, does it really make sense for employees to spend time on VoC projects? For them to be on the road, interviewing customers? Instead, shouldn’t they be doing things that “drive sales?” Like working more shows? Assisting sales ... Read More

Chasing the Fast Follower Myth

Bigfoot is as real as the fast follower

What is a “fast follower?” What’s a fast follower definition? Well, consider this: Bigfoot and the fast follower strategy have much in common. Namely, they’re both myths. Bigfoot, of course, is that Chewbacca-like beast that supposedly has roamed North America for thousands of years. And he (or she?) surely must be real because of all ... Read More

3 Keys to B2B Growth in a Stagnant Economy

227-Stronger-Business B2B training

Warren Buffet once observed, “Only when the tide goes out do you discover who’s been swimming naked.” If you’re a business leader worried about your “exposure” in troubled times, consider three tools to put in your economic survival kit: 1) cut the waste, 2) invest in B2B training, and 3) increase customer engagement. 1. Cut ... Read More

B2B Organic Growth: Moving to earned growth

Weed Growing in patio

A large, unexpected revenue upturn this quarter is good news, right? It certainly feels good, but the satisfaction is fleeting. What you really need is growth that is unrelenting, earned and reliable. When business executives don’t understand the nature of “good” B2B organic growth, they risk three pitfalls. B2B Organic Growth Pitfalls Pitfall 1. “Let’s ... Read More

Better B2B Customer Recruiting for Market Research

9 Best Practices for Recruiting Customers

Consider these best practices for recruiting customers for interviews: 1) Value representativeness over sample size. 2) Include respondents along the value chain. 3) Recruit some respondents with internal resources. 4) Use outside recruiting if you get stuck. 5) Get the sales team on board. 6) Use a script for recruiting calls. 7) Email an agenda. 8) Send respondent to www.haveyoubeendiscovered.com. 9) Start with a big list. ... Read More

Outpace your B2B Market with Earned Growth

Better get used to mediocre growth

Unless you deal with two growth problems, you'd better get used to mediocre organic growth: 1) You only “earned” a small part of your growth today; the rest is “inherited” and “market” growth. 2) If you and your competitors are all planning to growth faster than the market you serve, someone will be disappointed. ... Read More

Reduce Bias in Voice of the Customer: Let’s Give your Hypothesis the “Silent Treatment”

Give Your Hypothesis the Silent Treatment

The “old way” of interviewing was to “validate” your idea with customers… but this leads to confirmation bias. With the “new way,” you focus on their needs and gain 5 benefits… 1) add new outcomes to your design, 2) eliminate costs for unimportant outcomes, 3) learn why they want outcomes (for better pricing), 4) engage them more, and 5) move faster. ... Read More