Jobs-to-Be-Done for B2B Markets

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“Jobs-to-be-done” (JTBD) is a powerful way of thinking that 1) provides a longer time horizon than a product focus, 2) guides you when conducting pre-interview market research, 3) naturally integrates with New Product Blueprinting, and 4) helps you separate the core, focal job from consumption chain jobs. ... Read More

Awkward Reality #424

If you’re a B2B company, stop using hand-me-down consumer goods voice-of-customer methods.

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Traditional VOC relies on questionnaires, tape recorders and post-interview analyses. That’s fine for B2C, but your B2B customers are insightful, rational, interested and fewer in number. They’re smart and will make you smarter if you engage them in a peer-to-peer fashion, take notes with a digital projector, skillfully probe, and let them lead you.

More in 2-minute video at 14. Understand your B2B advantages

Create a Product Spec in Four Steps

create a product spec

Within every new product initiative, we must create a product spec.  As a result, engineers need to know what to “build to.” Meanwhile, modern innovation methods begin with customer needs as the input to the process, leaving an important, and too-often unanswered question, “How do we get from a customer need to a product specification?” ... Read More

Awkward Reality #423

We all hear what we want to hear. So we should require unfiltered, quantitative customer data.

423-Selective-Hearing

After presenting conclusions from months of VOC research, a marketer’s boss said, “No… I think customers want this instead.” A terrible reaction, but why did it happen? The marketer had no hard data—just quotes, impressions and anecdotes. You’ll be more believable, confident and correct—with unfiltered, quantitative customer data.

More in 2-minute video at 27. Quantitative interviews are a must

Awkward Reality #422

Innovation requires attention to both Problem 1 and Problem 2.

422-Innovation-Questions

Problem 1—What’s the right question?—focuses on market needs. Problem 2—What’s the right answer?—is all about your solutions. Most companies put 90+% of project spending into Problem2, yet Problem 1 causes most new product failures. Hmmm… are you sensing a possible competitive advantage here? Will you explore it further? Will you seize it?

More in white paper, www.catchtheinnovationwave.com (page 4)

The Amazing ROI for Voice of the Customer

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Some would say that investments in Voice of the Customer are “too expensive and time consuming.” After all, does it really make sense for employees to spend time on VoC projects? For them to be on the road, interviewing customers? Instead, shouldn’t they be doing things that “drive sales?” Like working more shows? Assisting sales ... Read More