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Awkward Reality #522

Awkward Reality #521

Awkward Reality #520

B2B customers can tell you exactly what they want… but you must know how to ask.

520-Architect

Imagine you’re planning to build a new home: Your architect sees you for half an hour, spends the first 15 minutes talking about sports, and then shows you pictures of other houses he designed. Later, when the house fails to please you, he dismisses it saying, “Well that buyer just didn’t know what he wanted.” Ever treat customers this way?

More in white paper, Guessing at Customer Needs

Awkward Reality #519

AI can help you quickly prepare pre-call customer reports.

Businesswoman using laptop in office

Here’s what to include: 1) Business status: You’ll need a refresher on all aspects of your current dealings with this customer, 2) Company news: You don’t want to be surprised by their new acquisition, divestiture, VP, etc. 3) Market trends: You’ll be able to engage your customer more deeply if you’re conversant in the trends they’re facing, 4) Common problems: If your customer brings up one of these problems, you’ll be prepared to discuss it, and 5) Process steps: This lets you explore steps you could help them to accomplish faster, better or cheaper.

More in white paper, Sales Call Preparation with AI

Awkward Reality #518

Awkward Reality #517

Suppliers want differentiated products, but most fail to understand what this requires.

517-Different-Umbrella

You want differentiated new products that will induce enthusiastic customers to open their wallets wider. Differentiated products must be… different. But different from what, in what ways, and to what extent? 100% of this information can be learned from B2B customers… but only if you engage them in specific discussions. Very few suppliers do this correctly.

More in video, Reinventing VOC for B2B

Awkward Reality #516

Your goal should be to waste fewer innovation resources than competitors.

516-Wasted-Resources

Well now, isn’t that inspirational? Perhaps not… but remember you’re in a constant battle with competitors to innovate for customers. One of the best ways to tip the “efficiency” balance in your favor is to consistently learn when projects are unattractive… faster than competitors. Then decisively kill them so resources can be used for winning projects. One of the best ways to do this is to generate Market Satisfaction Gaps.

More in white paper, Market Satisfaction Gaps