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how can one argue with the idea of listening to customers?
on the other hand, unless you are lucky to enough to discover a huge unaddressed pre-existing demand (and not the kind that needs $100MM day one to address, e.g. rolling out 50 big box retail stores), then entrepreneuring is typically about innovation
and innovation is often about creating demand
so listening to customers can be the worst kind of reinforcement -- lessons that by definition tell you to do what works yesterday, not tomorrow
of course, if-you-build-it-they-will-come is not a great business plan either
my father trained me in sales and he always always always told me, every time you talk to a customer or prospective customer, make sure you have a few extra minutes to ask them, what are your biggest problems? and, what would you love to have that you don't have?
in other words, don't only ask them, how do you like my product/idea? rather, try to get into their shoes and heads etc
btw, the best advice my old man gave, and the advice he drilled most emphatically and repeatedly was, ASK FOR THE ORDER. you'd be amzed how many people talk to customers forever and never actually say ask for the order...
One trick in the Web 2.0 age is listening to customers across the web. There are millions of conversations happening on the web in virtually every category (forums, blogs, etc.) and the hard thing is to make sense of them. Think world's largest, unstructured focus group.
We mine these conversations and provide our clients with consumer motivations, competitive mapping, category dynamics and a cultural overlay. (Usually not all in the same project, but sometimes) We use this information to provide actionable insight - on what do do next with branding, communication or strategy. (www.motivequest.com)
There are lots of players doing similar things - mostly focus on providing data - and I don't think there is any excuse for a large company not listening.
Listen in people - it is the age of conversation.
TO'B
Fred
When I am listening to my customers, I keep a list of what is getting on my customer's nerves. I try to get past "what I want is a faster horse" and transform that into "my mode of transportation from A to B is lousy, because of the limits on the velocity of a horse."
It's widely touted that "Nobody would have asked for an iPod before it was invented." But there were plenty of people who would have told you, "The state of portable music players is lousy. The interfaces all suck, I can't easily buy music for it, and the integration with desktop software generally is lacking."
Of course, to get to that, you had to ask the right questions.