Finding Opportunities Print

  • 0

Where new things come from.

WHERE OPPORTUNITIES ORIGINATE

Problems customers describe Complaints and requests Things customers do themselves because nothing exists Work-arounds people have built Processes that are obviously inefficient Changes in technology, regulation or behaviour Gaps competitors leave

WHY WORKAROUNDS MATTER MOST

A customer who built their own solution has demonstrated both the problem and their willingness to invest in it.

WHAT TO LOOK FOR

Things people do repeatedly and badly Things people pay someone to do manually Complaints that recur across customers Requests you currently decline

WHY REQUESTS YOU DECLINE

They indicate demand you are not serving.

WHAT TO ESTABLISH

A record of them.

WHAT TO ASK CUSTOMERS

What is difficult What takes too long What they wish existed What they currently use instead

WHY THAT LAST QUESTION

The alternative reveals what you are actually competing with.

WHAT TO OBSERVE

How customers actually use what you sell.

WHY OBSERVE RATHER THAN ASK

People describe what they intend to do, not what they do.

WHAT TO EXAMINE INTERNALLY

Where your own processes are inefficient What capability you have that could serve another market

WHAT TO ESTABLISH

A way for staff to raise ideas.

WHY

They see problems customers mention and never report.

WHAT TO AVOID

Ideas generated without contact with customers.

WHY

They reflect what the business finds interesting rather than what is needed.


Was this answer helpful?
Back

Are you happy with your experience? Leave us a review on Trustpilot.


Trustpilot