Blog - The AIM Institute Blog

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

Awkward Reality #515

Pursuing the right customer needs requires divergent and convergent thinking… in that order.

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For every job a customer does, there are dozens of potential outcomes… so diverge with customers to uncover far more than competitors. Then ask for 1-10 importance and satisfaction ratings so your R&D can converge on the important, unsatisfied outcomes… while competitors guess. I’d like to make this sound more complicated, but it’s not.

More in white paper, Market Satisfaction Gaps

Awkward Reality #514

If you’re eradicating surprises in quality & productivity, it’s hard to embrace them in innovation.

514-Predictability

Innovation is fueled by the unexpected. But many suppliers are surprise-averse. They start with their own ideas, filter them through internal processes, and avoid customer-led interviews. In an odd twist, surprise-averse suppliers are the most likely to be surprised… by mistaken market assumptions and blockbusters introduced by surprise-seeking competitors.

More in 2-minute growth video #25, Let your customers surprise you

Concept Testing with New Product Blueprinting

Concept testing with New Product Blueprinting

Can we use New Product Blueprinting to Test Product Concepts? YES. New Product Blueprinting normally assumes we don’t have a product idea yet. However, Blueprinting can also be leveraged to evaluate the viability of a product concept through a structured, needs-based assessment. This article explores a five-step process for using New Product Blueprinting to validate ... Read More

Awkward Reality #513

Why not turn your sales force into a learning force?

Professional Group

Your B2B customers have a long list of problems to be solved. But it’s not their job to carefully explain each one and deliver it gift-wrapped to your solution providers. It’s your job. When your sales professionals probe deeply and capture customer needs uniformly in your CRM, you’ll gain unprecedented market insight. And by probing well, your sales team will sell more. We call this Everyday VOC.

More in Everyday VOC white paper, www.EVOCpaper.com

Awkward Reality #512

Awkward Reality #511

Look for Landmines and Launchpads… especially in unfamiliar markets.

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A Landmine can kill your project… but who steps on a Landmine they can see? When you convert assumptions and questions into facts, you make landmines visible and therefore harmless. A Launchpad is an unexpected, high-value customer outcome. Discover these before competitors to develop solutions in a “competition-free zone.” This approach is perfect for your Horizon 2 and 3 projects.

For more, see 5-minute video at www.deriskprojects.com

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