5 Posts Found

Interview Last 5–10 Lost Sales Prospects

Ask your sales reps to give you a list of customers that fit your target profile, but for some reason the deal was lost. Send a quick email and ask them to spend 15 min of their time to understand why they went the other way. If needed, give them a $20 Starbucks gift card. The goal here is to … [ Read more ]

Author: Myk Pono | Source: “Effective Value Messaging: The Definitive Guide” | Original Publication: Medium | Subjects: Market Research, Marketing / Sales, Project Management

Every time Lloyd Tabb finds an outlier in Looker’s user base he looks up the customer’s contact information and calls. During the early years, he did this daily. “I call people because I want to know how they feel using our software. If they aren’t using Looker, I want to know why. Is there something wrong? Are they stuck? If they are active users, I … [ Read more ]

Content: NA | Author: Lloyd Tabb | Source: “I’m Sorry But Those Are Vanity Metrics” | Original Publication: First Round Review | Subjects: Customer-Related, Market Research | Companies: LiveOps, Looker

To address inequality of opportunity, we need to acknowledge and address the systemic advantages and disadvantages that people experience daily. For leaders, recognizing their advantage blindness can help to reduce the impact of bias and create a more level playing field for everyone. Being advantaged through race and gender come with a responsibility to do something about changing a system that unfairly disadvantages others.

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Use … [ Read more ]

Content: NA | Author: Ben Fuchs | Source: “Do You Have ‘Advantage Blindness’?” | Original Publication: Harvard Business Review | Subjects: Human Resources, Market Research, Organizational Behavior

One method is to observe customers first-hand in typical situations and encounters, known as ethnographic research. Corel does this with a program it calls “Follow Me Home” (an idea it got from Intuit); the company watches customers use its products in the comfort of their own homes. Corel’s global chief of product marketing, Jacqueline Martense, explains, “The dialogue you inspire with customers and employees is … [ Read more ]

Content: NA | Author: Stephen Shaw | Source: “All That Should Ever Matter Is What Really Matters to Customers” | Original Publication: MarketingProfs | Subjects: Customer-Related, Market Research

Global manufacturer 3M has collected thousands of reviews and comments from more than a dozen retail sites and mobile apps, as well as Facebook postings, using them to improve marketing campaigns or create new ones. In one case, the company’s Precision Ultra Edge nonstick scissors were selling below expectations. 3M changed its product copy, quoting the language consumers used online (“they’re great for cutting fabric … [ Read more ]

Content: NA | Author: Matthew Egol | Source: “The Social Life of Brands” | Original Publication: strategy+business | Subjects: Customer-Related, Innovation, Market Research, Marketing / Sales