Category: product

Cooking Up a Storm

Posted by – February 19, 2010

I had the following question asked of me last week:

How do you factor in customer complaints during your product development process?

It’s a great question to consider in this day of online product reviews, Twitter, Facebook, etc.  A lot of issues that may surface you try to address tactically, but how do you make sure strategically, you are making the right changes?

It was this post on the Smart Blog that really got me thinking about the importance of the process.  Derrick Hull writes on being prepared for good, bad, and ugly reviews from a restaurant standpoint but I think there is correlation to product development.  While you are back in the kitchen cooking up the next tasty dish, your customers are out front eating your current creations and if they aren’t happy, you need to know about it. More…

Being Remarkable Never Goes Out of Style

Posted by – February 1, 2010

I have been looking forward to reading Seth Godin’s latest book, Linchpin.  While waiting for the release, I went back and read my favorite book from Seth, Purple Cow.

Purple Cow was published in 2003, way before Facebook, Twitter, and social media became household names.  There are so many gems in this book it is hard to know where to start and the best part is that save for a couple of dated examples, Seth’s points are even more relevant today (the dated examples actually prove another of Seth’s beliefs that it is hard to maintain a remarkable position).

Seth’s thoughts on the end of mass media advertising:

After Advertising, we’re almost back where we started.  But instead of product succeeding by slow and awkward word of mouth, the power of our new networks allows remarkable ideas to diffuse through segments of the population at rock speed.

On the new rule:

Create remarkable products that the right people seek out.

and on ideas that spread:

It’s not an accident that some products catch on and some don’t.  When an ideavirus occurs, it’s often because all the viral pieces work together.

Read Purple Cow again or for a first time.   You won’t regret it.

The Fidelity Belly (part 2)

Posted by – December 31, 2009

Seth Godin has a post on his blog today that I think is another way of looking at the Fidelity Belly (one of my favorite new terms).

Seth’s advice is to avoid being a commodity (the Fidelity Belly) and work to change the playing field (High Fidelity).  From Seth’s post,

The scalable, profitable strategy is to change the game, not to become the most average.

The perils of getting stuck in the belly is that consumers don’t see you as offering anything special and instead look for the cheapest possible offering.  This is not a good place to be.

Wisdom Can Be Shattered

Posted by – December 22, 2009

Product Marketers crave data.  Data on the industry, the competition, customers, and just about everything in between.  Data helps build business cases, derive features, justify decisions, and launch new products all together.  The problem is that data can become an Achilles heel.

Jeff Stibel describes it perfectly in his article “Why Wise Leaders Don’t Know Too Much“,

Wisdom can be shattered by too much information.

More…

Changing to Keep Up – McDonald’s Internet

Posted by – December 20, 2009

Product planning isn’t always about adding new and differentiating features. Technology offers change, competitors update their products, and consumer preferences shift. The Building Strong Brands blog has a good post on this covering McDonald’s latest decision to offer Wi-fi:

Marketing isn’t always about growth. Sometimes companies have to focus on improving the product simply to keep up. This is one of those times for McDonald’s.

Read the full post here:
McDonald’s Internet: Points of Parity, Points of Difference « Building Strong Brands’

Starbucks Via – Instant Success, Long Term Failure?

Posted by – October 8, 2009

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Kellogg Professor Tim Calkins has a great take on his blog about the new StarBucks Via instant coffee.  Tim’s take is that the coffee is not bad but that it seems to run counter to the Starbuck’s brand experience.  Tim explains,

Starbucks has long worked to embrace the coffee experience, the crisp beans coming from exotic lands all over the world, the grinding noise, the wonderful aroma, the ritual of precisely measuring coffee and water and then waiting for it to brew.  Starbucks has taught us that coffee isn’t just coffee.  There is much, much more to it.

On the surface, you could argue that instant coffee makes sense for Starbucks, right?  You can definitely see how the case for it was argued from a product perspective:  Starbucks sells coffee, instant coffee is a big market, Starbucks should sell instant coffee.   At least it is a coffee product and not something as crazy as Burger King’s “Flame” body spray (who doesn’t want to smell like a whopper).

More…

Customer-Centric Thinking at NetApp

Posted by – September 24, 2009

I have been reading Dave Hitz’s book, “How To Castrate A Bull“, on the ups, downs, and ups of the company he founded, NetApp.  During his story, Dave provides great rational for the need of customer-centric thinking when developing new products.

In the early days of the company, his team was developing products for small departments and had a great understanding of the customers.  However, as the company grew and they started building solutions for large enterprises and government institutions, they realized they needed to include a new type of customer thinking.  Dave explains:

…..At a start-up serving customers like your-self, you unconsciously do the right thing; to mature that start-up  into a large company serving other large companies, you must learn to consciously study and understand their special needs….

….If you are missing customer-centric thinking, you get an elegant design that works great and ships on time, except customers don’t care very much about the problem it solves.  They might admire it as a technical achievement, but they won’t buy it.

Great advice from Dave.  As you start to expand your product offerings, you must recognize the changing needs of the new customers you are trying to win.

BTW, Dave chose a very interesting title for his book alluding to fact if handled properly, risk can be managed and profitible.  He also does include instructions if you do have a bull that needs tending….

What Is A Phenomenal Product Manager?

Posted by – September 24, 2009

Find out over on the The Association of International Product Marketing and Management (AIPMM) blog.

Budget Your (Product) Perceptions

Posted by – September 10, 2009

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On a recent trip to L.A., I found myself at a hotel I was not familiar with.  From the moment I arrived, I was impressed.  I am not sure if it was the personal concierge that took care of the check-in while I waited in the hip lobby or the complementary fridge full of soda and juice, but either way,  I was sold.  From there the list goes on of all the things they did to make sure my stay was as enjoyable and hassle free as possible.

Reflecting after the trip, it occurred to me that that from the first minute I stepped into the hotel, I had the feeling that this was going to be a good experience (first impressions!).  The place just had that feel.   To get that feel, the hotel had to do a lot of planning (and probably research).  I can’t put my finger on it and am not an interior designer, but leather couches, the reception stations, the artwork on the wall, all worked together to create that welcoming ambiance.

Talk about immediate return on investment.  I hadn’t even been in the hotel for 5 minutes and I was already making  a final judgment that this was the place to be.

Dan Ariely helps explain this in his book “Predictably Irrational“.  Dan talks about a behavioral experiment where they alternated serving containers and then asked for feedback on the coffee.  When the coffee was served along with fancy glasses and metal containers vs. white styrofoam cups, the coffee received better feedback.  Dan explained,

When we believe beforehand that something will be good, therefore, it generally will be good – and when we think it will be bad, it will be bad….This is also essential for building the reputation of a brand or a product.  That’s what marketing is all about – providing information that will heighten someone’s anticipated and real pleasure.

From a product management standpoint, I think a good question to ask is:  What are the perceptions about my product?  Are there things that I can do to enhance my positioning in the minds of my customer?  The tricky part here is that your customers will not be able to tell you directly what to do to make a great (perceived) product experience.  You have to figure that part out yourself.

Ries and Trout went as far to capture this critical point as their Law 4, The Law of Perception (from The 22 Immutable Laws of Marketing):

There are no best products.  All that exists in the world of marketing is perceptions in the mind of the customer or the prospect.  The perception is the reality.  Everything else is an illusion.

UPDATED:  Check out the Personal Branding blog’s article for a great post on digital first impressions.

Picture via nyominx.

Evernote

Posted by – August 31, 2009

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The NY Times had an article this weekend on giving software away in order to make money down the road.  In the story they featured Evernote, a data saving service that I had signed up for last year. After reading the article,  I checked out Evernote.com and found that they had released several new features and a lot of useful walk-through videos since I last visited.

Evernote’s goal in life is to help you “Remember Everything”. If you are not using it, check it out now.  I guarantee you are going to find it very impressive.

But the truth is, I hardly ever use it.

The strange part is that I have been looking for this type of service for years.  The ability to store and recall anything, anywhere, at anytime?  I would pay for such a service (which makes Evernote even cooler since it is free).

So, why am I not hooked yet?  Is there some key features missing?  Some hook not quite there yet.  Looking at the product feature list:

  • Easy to use – check
  • Search – check
  • Web access – check
  • Web tools for quick add – check
  • Desktop clients (pc and mac) – check
  • Mobile apps (iphone, BlackBerry, Pre, Windows Mobile) – check
  • Flash drive install (For those that can’t install apps at work (how cool is that!))  – check

So, what is the problem here?  I am hard pressed to think of anything that Evernote is missing so why am I not using it?

It has to be me.

Well, its not just me.  According the NY Times, ” About 75 percent of the customers walk away within the first four months.”  That means that only 25% of users find a way to make Evernote’s features part of their everyday process.

I think that this is a great illustration of the challenges of  new technology adoption.  Even with an amazing product and an unbeatable price, changing behavior is hard.

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