Wednesday, February 17, 2010

Understanding Customers Better

Understanding what products consumers really want is extremely complex and cannot be found using simple survey or research methods. The main problem is that customers many times have a hard time understanding and verbalizing what they want. Apple understands this better than any company and this is why they do not do customer surveys. Apple feels they have special expertise to understand what their customers want better than they do. This is exactly the point of the article on the musician Kenna where customers when they sample his music initially don’t like it but once they actually listen to it and see him live they love it. In this case, customer data is very mis-leading.

I feel that this could be comparable to the Apple iPad. The initial reaction to the iPad compared to expectations has been fairly negative. However, it would not surprise me that once consumers actually get one in their hands and really interact with the product, it could become extremely popular. This is the case with almost any disruptive technology. Consumers have a really hard time visualizing the use of products that operates in a way that is different from what they are used to. Only a limited set of “visionaries” have the ability to do this and many times even they are wrong. I would compare Steve Jobs to the music executives in the Kenna article who have a special ear for music. Visionaries like Steve Jobs take into account the outcomes that people want instead of focusing on incremental improvements. A good example of this would be MP3 players. If you had asked users of MP3 players before the iPod existed what improvements they would like, the responses would have been “bigger hard drivers”, “higher quality headsets”, and “easier to use player interface”. Developing MP3 players based on these requirements would have lead to incrementally better MP3 players but it would not have revolutionized the MP3 player market like the iPod. Steve Jobs focused on the outcome people wanted and that was an easier to use overall music system, which included not just the physical MP3 player but also the PC software interface as well as the ability to acquire MP3s. The typical consumer would not be able to think at this high of a level and think about the entire system. However, by focusing on the outcome consumers wanted, Apple was able to develop the iPod.

Another challenge consumers have is quantifying how they feel about an existing product. I drink Coca-Cola all the time but if you were ask me how I feel about it, I would have a hard time verbalizing it. This ties in also to the Kenna article in the sense that only experts such as the food tasters can really verbalize why they like or dislike something. It takes extensive training to be able to do this. This is where I can see great value in ZMET system as it can pull out of people why they fundamentally like or dislike a product and this can help direct how the product needs to be modified or what the next generation product will look like. I do believe however this method still only works best for incremental changes. In order to develop a revolution product, companies need not listen to their customer but closely examine how their customer uses their product and for what purpose and then focus on improving the “job” the product does for the customer.

Monday, February 1, 2010

My Persona

At a high level, I am male, single, and in my early thirties. The standard persona that fits me best is “Energetic Young Guys”. I love the outdoors and am very active. I love to play sports including basketball as well as my new hobby golf. I also enjoy hiking and have gone on backpacking treks through the mountains. I am willing to spend money on my hobbies, as I am a regular shopper at REI.

I also work very hard as well and I am very career driven. I am about to complete a graduate degree in business so I am highly educated. I love to travel and have been to five continents. I also am a very technologically savvy and am always buying the latest gadgets. I would consider my self an early adopter when it comes to technology, as I am good at visualizing uses of new technology before others adopt. I owned a creative jukebox in high school before Apple even came out with an iPod and MP3 players became popular. I remember streaming songs through my car stereo from my MP3 player and how cool my friends thought it was.

I am very picky in terms of what I buy and do a lot of research online before I buy anything. I always try to read reviews of something before I buy it. I am very selective in what I buy and when I do buy something I always try to buy high quality. This is true in almost everything I buy. For example, I recently bought some furniture and I choose to buy nice furniture that would last instead of going to Ikea.

In terms of fashion and clothing, I do not follow the latest fads. I always try to buy clothes that I think look good regardless of what the latest trend is. I have shirts that are 5-10 years old that I still wear out that still fit in because they simply look good in my opinion. I am very picky in my tastes and I am willing to spend some money if I see something I really like. However, I do not buy labels. I have bought nice clothes that I liked with a label on them and then removed the label. I also like modern yet classic designs. If I could buy any car it would be an Aston Martin. I think its styling is modern yet timeless. I also really like the design of Apple Products. I think they have a modern yet timeless design as well. I like the simplicity of their design as well.

In terms of my shopping habits, I do like to shop online. I will buy something online and then return it if I have to. I do not like going to the shopping mall. One hour at a shopping mall is almost too much for me. I normally like to be left alone with I shop and do not like overly helpful attendants. Most of the time I have already done my homework before I buy something. At technology stores, 99% of the time I understand the product better than the sales person does. I am not afraid to negotiate as well. I have negotiated for products at department stories where you would think it would impossible to get a discount.