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Awkward Reality #88

Lean Startup is fine for B2B… but don’t skip this extra “Learn” step.

88 Learning before Hypothesizing

The “Build-Measure-Learn” cycle in Lean Startup begins with a hypothesis, and is great for B2C. End-consumers can seldom tell you what will amuse them or increase their sense of self-worth. But knowledgeable B2B customer can predict their desired outcomes. So start with a “Learn” pre-step. Customers will tell you all you need if you know how to ask.

More in white paper, Lean Startup for B2B (page 3).

Awkward Reality #87

Awkward Reality #86

The forces moving a supplier from commodity to specialty come from within…or they don’t come at all.

86 Commoditization

There are many forces dragging your products toward commoditization: competitors trying to imitate your products… purchasing agents trying to standardize your products… new technologies trying to obsolete your products. In your quest toward specialty products, you’ll get no outside help. You own this one, baby.

More in article, The Commodity Death Spiral (Originally published in B2B Organic Growth newsletter).

Awkward Reality #85

If you like sub-optimizing, you’ll love using traditional voice-of-customer methods.

Traditional Voice of Customer

B2B companies have huge advantages over B2C, but they may not be obvious. After all, didn’t the same fellow who bought a rail car of soda ash also buy a can of soda pop? Nope. He changed… a lot. B2B customers are more technically savvy, objective, supplier-dependent, and can predict their needs. Careful reflection of these differences leads to different approaches.

More in article, B2B Customer Interviews: Are They Different?

Awkward Reality #84

Awkward Reality #83

Some companies don’t launch products. They let them escape.

83 Products that Escape

This is how one B2B marketer described their launch process to me. It’s much better to use a rigorous process, documented in five brief reports: Launch Plan Summary (with strategy, team, activities & results), Prospect Profile, Message Brief, Media Guide, and Launch Results. The middle three address who to tell, what to tell and how to tell.

More in article, How to Plan an Amazing B2B Product Launch (Originally published in B2B Organic Growth newsletter).

Awkward Reality #82

Be clear on what you own and what your customers own.

82 Solutions

Customers own “outcome” space. You own “solution” space. Don’t let them into your space… unless you want to become a contract manufacturer. Instead, enter their space to understand desired outcomes better than competitors. This lets you deliver unique value in your solutions, which is handsomely rewarded though premium pricing.

More in article, Should You Develop New Products like Steve Jobs? (Originally published in B2B Organic Growth newsletter).