practical guide to customer dev - dan toma

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Customer Development Practical Guide Tuesday, 3 September, 13

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Dan explains the process every entrepreneur needs to go through in order to validate his ideas and learn and iterate fast.

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Page 1: Practical Guide to Customer Dev - Dan Toma

Customer DevelopmentPractical Guide

Tuesday, 3 September, 13

Page 2: Practical Guide to Customer Dev - Dan Toma

‘If I had asked people what they wanted, they would have said faster horses.’ - H. Ford

Tuesday, 3 September, 13

Page 3: Practical Guide to Customer Dev - Dan Toma

Tuesday, 3 September, 13

Page 4: Practical Guide to Customer Dev - Dan Toma

WRONG!

Tuesday, 3 September, 13

Page 5: Practical Guide to Customer Dev - Dan Toma

STOP product development, START customer development!

Tuesday, 3 September, 13

Page 6: Practical Guide to Customer Dev - Dan Toma

STOP product development, START customer development!

GET OUT OF THE BUILDING

Tuesday, 3 September, 13

Page 7: Practical Guide to Customer Dev - Dan Toma

Customer Development Stages

Tuesday, 3 September, 13

Page 8: Practical Guide to Customer Dev - Dan Toma

Customer Development Stages

Exploration

Tuesday, 3 September, 13

Page 9: Practical Guide to Customer Dev - Dan Toma

Pitch

Customer Development Stages

Exploration

Tuesday, 3 September, 13

Page 10: Practical Guide to Customer Dev - Dan Toma

Pitch

Concierge

Customer Development Stages

Exploration

Tuesday, 3 September, 13

Page 11: Practical Guide to Customer Dev - Dan Toma

Pitch

Concierge

Customer Development Stages

Tuesday, 3 September, 13

Page 12: Practical Guide to Customer Dev - Dan Toma

Exploration(problem interviews)

Tuesday, 3 September, 13

Page 13: Practical Guide to Customer Dev - Dan Toma

Exploration(problem interviews)

6 golden rules of Customer Exploration#1 Test the riskiest assumptions first;#2 Go for face-to-face interviews;#3 Don’t record the interviews;#4 Pick a neutral location (out of the comfort zone);#5 Always have a script;#6 Never lead the witness;

Tuesday, 3 September, 13

Page 14: Practical Guide to Customer Dev - Dan Toma

Exploration(problem interviews)

6 golden rules of Customer Exploration#1 Test the riskiest assumptions first;#2 Go for face-to-face interviews;#3 Don’t record the interviews;#4 Pick a neutral location (out of the comfort zone);#5 Always have a script;#6 Never lead the witness;

Your script should ideally contain: * your introduction* their introduction* problem ranking* solution exploration* currency! * a ‘Colombo’ question

Tuesday, 3 September, 13

Page 15: Practical Guide to Customer Dev - Dan Toma

Rob [email protected]

Me@toma_dan

Tuesday, 3 September, 13

Page 16: Practical Guide to Customer Dev - Dan Toma

Do you have a problem with ... ?

Do you you have the ... problem?

Tuesday, 3 September, 13

Page 17: Practical Guide to Customer Dev - Dan Toma

Do you have a problem with ... ?

Do you you have the ... problem?

WRONG!Tuesday, 3 September, 13

Page 18: Practical Guide to Customer Dev - Dan Toma

Tell me about ... Talk me through ...

Tuesday, 3 September, 13

Page 19: Practical Guide to Customer Dev - Dan Toma

Tell me about ... Talk me through ...

RIGHT!Tuesday, 3 September, 13

Page 20: Practical Guide to Customer Dev - Dan Toma

Do you think it’s a good idea?

Tuesday, 3 September, 13

Page 21: Practical Guide to Customer Dev - Dan Toma

WRONG!

Do you think it’s a good idea?

Tuesday, 3 September, 13

Page 22: Practical Guide to Customer Dev - Dan Toma

Would you buy a product which solved

this problem?

Tuesday, 3 September, 13

Page 23: Practical Guide to Customer Dev - Dan Toma

Would you buy a product which solved

this problem?

WRONG!Tuesday, 3 September, 13

Page 24: Practical Guide to Customer Dev - Dan Toma

How are you currently dealing with

this issue?

Tuesday, 3 September, 13

Page 25: Practical Guide to Customer Dev - Dan Toma

How are you currently dealing with

this issue?

RIGHT!Tuesday, 3 September, 13

Page 26: Practical Guide to Customer Dev - Dan Toma

Talk me through the last time you had

this problem.

Tuesday, 3 September, 13

Page 27: Practical Guide to Customer Dev - Dan Toma

Talk me through the last time you had

this problem.

RIGHT!Tuesday, 3 September, 13

Page 28: Practical Guide to Customer Dev - Dan Toma

How much would you pay for this?

Tuesday, 3 September, 13

Page 29: Practical Guide to Customer Dev - Dan Toma

How much would you pay for this?

WRONG!Tuesday, 3 September, 13

Page 30: Practical Guide to Customer Dev - Dan Toma

How much money does this problem cost

you?

Tuesday, 3 September, 13

Page 31: Practical Guide to Customer Dev - Dan Toma

How much money does this problem cost

you?

RIGHT!Tuesday, 3 September, 13

Page 32: Practical Guide to Customer Dev - Dan Toma

Is there a budget for it?

Tuesday, 3 September, 13

Page 33: Practical Guide to Customer Dev - Dan Toma

Is there a budget for it?

RIGHT!Tuesday, 3 September, 13

Page 34: Practical Guide to Customer Dev - Dan Toma

Who else should I talk to?

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Who else should I talk to?

RIGHT!Tuesday, 3 September, 13

Page 36: Practical Guide to Customer Dev - Dan Toma

What to expect

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Sounds great I love it!

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Sounds great I love it!

BAD!You’ve just learned that they are human!

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Page 39: Practical Guide to Customer Dev - Dan Toma

Amazing - let me know when you launch!

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Page 40: Practical Guide to Customer Dev - Dan Toma

Amazing - let me know when you launch!

BAD!compliment + stalling = they don’t careTuesday, 3 September, 13

Page 41: Practical Guide to Customer Dev - Dan Toma

There are a couple of people I can intro

to - when you’re ready.

Tuesday, 3 September, 13

Page 42: Practical Guide to Customer Dev - Dan Toma

There are a couple of people I can intro

to - when you’re ready.

Not that BAD!Ask: ‘why not now?’

Tuesday, 3 September, 13

Page 43: Practical Guide to Customer Dev - Dan Toma

I would buy that for sure!

Tuesday, 3 September, 13

Page 44: Practical Guide to Customer Dev - Dan Toma

I would buy that for sure!

BAD!Nobody can predict the future!

Tuesday, 3 September, 13

Page 45: Practical Guide to Customer Dev - Dan Toma

We are spending $300/month

on this!

Tuesday, 3 September, 13

Page 46: Practical Guide to Customer Dev - Dan Toma

We are spending $300/month

on this!

GOOD!Proof of real pain and budget assessmentTuesday, 3 September, 13

Page 47: Practical Guide to Customer Dev - Dan Toma

Tuesday, 3 September, 13

Page 48: Practical Guide to Customer Dev - Dan Toma

ConciergeExploration

Pitch

Customer Development Stages

Tuesday, 3 September, 13

Page 49: Practical Guide to Customer Dev - Dan Toma

ConciergeExploration

Customer Development Stages

Tuesday, 3 September, 13

Page 50: Practical Guide to Customer Dev - Dan Toma

Pitch(solution interviews)

Tuesday, 3 September, 13

Page 51: Practical Guide to Customer Dev - Dan Toma

Pitch(solution interviews)

4 dos#1 this is not a sales pitch;#2 talk about past and present actions;#3 never talk about the future;#4 look for behavioral patterns;

Tuesday, 3 September, 13

Page 52: Practical Guide to Customer Dev - Dan Toma

Pitch(solution interviews)

4 dos#1 this is not a sales pitch;#2 talk about past and present actions;#3 never talk about the future;#4 look for behavioral patterns;

The ‘hardcore user’ will:* want to pay right now* tell you how they are dealing with that now* talk a lot & ask a lot of questions* lean forward & be animated

The ‘bouncer’ will:* easily be distracted* talk about something else* be nervous & anxiousTuesday, 3 September, 13

Page 53: Practical Guide to Customer Dev - Dan Toma

Am I on the right track?

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Am I on the right track?

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>31 is GOODTuesday, 3 September, 13

Page 58: Practical Guide to Customer Dev - Dan Toma

ConciergeExploration

Pitch

Customer Development Stages

Tuesday, 3 September, 13

Page 59: Practical Guide to Customer Dev - Dan Toma

Exploration

Pitch

Customer Development Stages

Tuesday, 3 September, 13

Page 60: Practical Guide to Customer Dev - Dan Toma

Concierge(minimum viable product)

Tuesday, 3 September, 13

Page 61: Practical Guide to Customer Dev - Dan Toma

Concierge(minimum viable product)

How to be a great ‘Concierge’:#1 do it only with the most passionate#2 don’t invest too much in technology#3 be in constant contact#4 ask for constant feedback

Tuesday, 3 September, 13

Page 62: Practical Guide to Customer Dev - Dan Toma

ConciergeExploration

Pitch

Customer Development Stages

Tuesday, 3 September, 13

Page 63: Practical Guide to Customer Dev - Dan Toma

Recap!

Tuesday, 3 September, 13

Page 64: Practical Guide to Customer Dev - Dan Toma

Recap!#1 Never talk about the future;#2 Never use biased wording: "do you agree that..." or "would you say this is true..." or even worse "would you use/need something like...";#3 Make the question real;#4 Look for other clues;#5 Never use multiple choice - it’s leading!#6 It’s called customer development not friends development;#7 It’s all about the insight;

Tuesday, 3 September, 13

Page 65: Practical Guide to Customer Dev - Dan Toma

GET OUT OF THE BUILDING... and kill that ‘faster horse’!

@[email protected]

Tuesday, 3 September, 13