Awkward Reality #498

Focus your innovation on market segments… or “clusters of customers with similar needs.”

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Ultimately, everything your business does should be about efficiently delivering value to customers. If you don’t focus on clusters of like-minded customers, their needs will be randomly observed by different people in your company at different times under different conditions. Not an efficient way to develop new products—your lifeblood.

More in 2-minute video at 16. Segment by markets for innovation

Awkward Reality #497

What if your customer’s stakeholders don’t agree with each other?

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According to the authors of The Challenger Customer, “The limiting factor is rarely the salesperson’s inability to get an individual stakeholder to agree to a solution. More often it’s that the stakeholders inside the company can’t even agree with one another about what the problem is.” To overcome this, try Key Account Blueprinting… New Product Blueprinting applied to one large account at a time. This forces stakeholder agreement.

More in white paper, Key Account Blueprinting

Awkward Reality #496

Awkward Reality #495

Don’t rely on a small staff of voice-of-customer experts to do your company’s interviewing.

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Large businesses chalk up thousands of face-to-face customer meetings each year… as sales and technical service reps go about their normal duties. Why not train these people to become VOC experts? They’ve already gained customers’ trust, they know the customer’s language, they’ll get key information first-hand, and there’s no extra travel cost.

More in white paper, Everyday VOC

Awkward Reality #494

Awkward Reality #493

In one study, 76% said their interviews led to unexpected or surprising information.

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And that’s the point, isn’t it? If we just try to develop the products our customers ask everyone for, and we haven’t cornered the market on R&D genius, we’ll keep struggling with differentiation. But if we intentionally expose ourselves to unexpected information—that our competitors lack—we’ll create more significant, protectable value.

More in 2-minute video at 25. Let your customers surprise you

Awkward Reality #492

The greatest danger in customer interviews is hearing what you want to hear.

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Your new product development should start where it ends: with the customer. When you take your “pride and joy” hypothesis to customers and ask their opinion, two bad things can happen: 1) They tell you what they think you want to hear. 2) You hear what you want to hear. Start by uncovering their needs, not testing your pre-conceived notions. And be sure to use quantitative interviews to eliminate confirmation bias.

More in 2-minute video at 35. Insist on data-driven innovation

Awkward Reality #491

Awkward Reality #490

The best way to hear (the customer) is often to see.

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One of our best innovations started as an experiment. In 2004 I projected my notes during a customer interview. The customer loved it, the meeting went far longer than expected, and we haven’t looked back since. Sure, customers can correct your notes this way, but our biggest discovery was that customers own what they create and can see. We’ve been calling these “Discovery” interviews ever since.

More in video, Reinventing VOC for B2B