Friday, October 21, 2011

Customer Needs Analysis

Running a business brings with it a whole host of issues, problems and anxieties. Some are general ones that every small business will face and others are industry specific, like banking regulations or catering hygiene rules. For every business there are things that must be done, things that should be done, things that might be done and things that are on the Too Difficult list.

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Your first job is to start with the issues you face in your own business. List all your own business issues, put them in a able and categorise them:

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Business critical Legal requirements Pipeline and customer facing Good to do but not essential If only there was time

When someone comes along to sell you something, you are most likely to buy things that help with category 1 issues, then category 2 and so on. Make sense?

So when you are working on your own marketing activities they should address the highest category that your customer has. To do this you need to have some idea of what those issues are for your customer and for that to be achievable you will need to have segmented your customers into groups with similar needs. Boiling a kettle of water is much easier than boiling a whole ocean.

How do you find out what your target customers pain points are?

Ask existing customers who are in the same target group Look for blogs or sites where they gather to air their views Read their trade/professional magazines Commission a survey - WARNING most surveys produce garbage because they were not properly thought out in the first place

Test the market - try small sample marketing and see what results you get.

The pain points you identify will feed into your list of customer needs and then all of your marketing and advertising copy will be aimed at explaining to your customers how your product will meet their needs and how it will do so better than the competitors they may buy from instead.

Customer Needs Analysis

market Buzz - Marketing Knowledge at no charge more free marketing advice at http://www.marketbuzz.org

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