Awkward Reality #585

It’s not so difficult to move from Innovation Maturity Level 1 directly to Level 3.

585-Maturity Levels

In Level 1, you start with your ideas and launch products you think customers will want. In Level 2, you still start with your ideas, but “validate” them with customers. In Level 3, you start with customer needs, using divergent and convergent interviews. You uncover a full range of outcomes and only work on those customers care about.

Watch 2-min video, Immerse Your Team in Customer Outcomes

Awkward Reality #584

Let AI help you build a potent sales call plan. Rapidly.

584-Pre-call Insights

AI can deliver key elements of a pre-call plan in a flash: 1) Business status: a refresher on all aspects of your current business dealings with this customer. 2) Company news: You don’t want to be surprised by their new acquisition, divestiture, or VP. 3) Market trends: You’ll engage your customer more deeply if you’re conversant in trends they face. 4) Common problems: Be prepared to discuss their challenges. 5) Process steps: Study all the steps your customer goes through when using your type of offering. This lets you explore areas you could help them accomplish faster, better or cheaper.

Download the white paper, Sales Call Preparation with AI

Awkward Reality #583

Here’s why you should focus on important, unmet customer outcomes

583-Customer-Yawn

If you focus on unimportant outcomes, customers will greet your new product with a collective yawn. If you satisfy outcomes competitors already meet, customers will greet you with a phone call requesting lower prices. How long will this take them? This depends on whether they have you on speed dial. How do you focus on important, unmet needs? Use Market Satisfaction Gaps.

Watch 2-min video, Quantitative Interviews are a Must

Awkward Reality #582

Awkward Reality #581

There are three types of growth. You can control one of them.

581-3-Types-of-Growth

The first is inherited growth from products launched long ago, which now “carry” your business. The second is market growth… the tide that lifts all boats. You can only impact the third—earned growth—by doing a better job than every competitor in understanding and meeting the needs of a market. This means it’s easy to be lulled into thinking your underlying growth is greater than it is.

Watch 2-min video, How Much Growth Did You Earn?

Awkward Reality #580

Missing sales quotas? The key to successful B2B selling is preparation.

580-Missing Sales Quotas (1)

The research on B2B sales call preparation isn’t encouraging: 75% of B2B executive buyers say salespeople are not knowledgeable about their business… and don’t understand the issues they face. Unsurprisingly, only one in four salespeople get agreement from these buyers to meet again. With help from AI, B2B salespeople can now prepare quickly and thoroughly.

Download the white paper, Sales Call Preparation with AI

Awkward Reality #579

All B2B markets are not created equal. How well do you understand yours?

579-How-B2B

The term “B2B” is useful, because business customers can be so different than end-consumers. But it’s a blunt and imprecise term, and we can do better. Check out the “B2B Index” developed by The AIM Institute. The higher your market’s B2B Index, the greater you can engage customers… in both early-stage and late-stage marketing. (This is a free service.)

Calculate your B2B Index at www.b2bmarketview.com

Awkward Reality #578

A great customer interview is all about the customer. You should be fascinated by their world.

578-Fascinated-Businessman

Imagine a fellow on a date who just talks about himself for an hour. His only questions are, “What’s your income? What’s your educational level?” Then he closes with, “Will you marry me?” Does this sound like an old-fashioned “qualify-and-then-close” sales call? As with a good date, you should be genuinely interested in your customer and their needs.

Watch 5-min video, Reinventing VOC for B2B