practical guide to customer dev - dan toma
DESCRIPTION
Dan explains the process every entrepreneur needs to go through in order to validate his ideas and learn and iterate fast.TRANSCRIPT
Customer DevelopmentPractical Guide
Tuesday, 3 September, 13
‘If I had asked people what they wanted, they would have said faster horses.’ - H. Ford
Tuesday, 3 September, 13
Tuesday, 3 September, 13
WRONG!
Tuesday, 3 September, 13
STOP product development, START customer development!
Tuesday, 3 September, 13
STOP product development, START customer development!
GET OUT OF THE BUILDING
Tuesday, 3 September, 13
Customer Development Stages
Tuesday, 3 September, 13
Customer Development Stages
Exploration
Tuesday, 3 September, 13
Pitch
Customer Development Stages
Exploration
Tuesday, 3 September, 13
Pitch
Concierge
Customer Development Stages
Exploration
Tuesday, 3 September, 13
Pitch
Concierge
Customer Development Stages
Tuesday, 3 September, 13
Exploration(problem interviews)
Tuesday, 3 September, 13
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
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
Do you have a problem with ... ?
Do you you have the ... problem?
Tuesday, 3 September, 13
Do you have a problem with ... ?
Do you you have the ... problem?
WRONG!Tuesday, 3 September, 13
Tell me about ... Talk me through ...
Tuesday, 3 September, 13
Tell me about ... Talk me through ...
RIGHT!Tuesday, 3 September, 13
Do you think it’s a good idea?
Tuesday, 3 September, 13
WRONG!
Do you think it’s a good idea?
Tuesday, 3 September, 13
Would you buy a product which solved
this problem?
Tuesday, 3 September, 13
Would you buy a product which solved
this problem?
WRONG!Tuesday, 3 September, 13
How are you currently dealing with
this issue?
Tuesday, 3 September, 13
How are you currently dealing with
this issue?
RIGHT!Tuesday, 3 September, 13
Talk me through the last time you had
this problem.
Tuesday, 3 September, 13
Talk me through the last time you had
this problem.
RIGHT!Tuesday, 3 September, 13
How much would you pay for this?
Tuesday, 3 September, 13
How much would you pay for this?
WRONG!Tuesday, 3 September, 13
How much money does this problem cost
you?
Tuesday, 3 September, 13
How much money does this problem cost
you?
RIGHT!Tuesday, 3 September, 13
Is there a budget for it?
Tuesday, 3 September, 13
Is there a budget for it?
RIGHT!Tuesday, 3 September, 13
Who else should I talk to?
Tuesday, 3 September, 13
Who else should I talk to?
RIGHT!Tuesday, 3 September, 13
What to expect
Tuesday, 3 September, 13
Sounds great I love it!
Tuesday, 3 September, 13
Sounds great I love it!
BAD!You’ve just learned that they are human!
Tuesday, 3 September, 13
Amazing - let me know when you launch!
Tuesday, 3 September, 13
Amazing - let me know when you launch!
BAD!compliment + stalling = they don’t careTuesday, 3 September, 13
There are a couple of people I can intro
to - when you’re ready.
Tuesday, 3 September, 13
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
I would buy that for sure!
Tuesday, 3 September, 13
I would buy that for sure!
BAD!Nobody can predict the future!
Tuesday, 3 September, 13
We are spending $300/month
on this!
Tuesday, 3 September, 13
We are spending $300/month
on this!
GOOD!Proof of real pain and budget assessmentTuesday, 3 September, 13
Tuesday, 3 September, 13
ConciergeExploration
Pitch
Customer Development Stages
Tuesday, 3 September, 13
ConciergeExploration
Customer Development Stages
Tuesday, 3 September, 13
Pitch(solution interviews)
Tuesday, 3 September, 13
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
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
Am I on the right track?
Tuesday, 3 September, 13
Am I on the right track?
Tuesday, 3 September, 13
Tuesday, 3 September, 13
Tuesday, 3 September, 13
>31 is GOODTuesday, 3 September, 13
ConciergeExploration
Pitch
Customer Development Stages
Tuesday, 3 September, 13
Exploration
Pitch
Customer Development Stages
Tuesday, 3 September, 13
Concierge(minimum viable product)
Tuesday, 3 September, 13
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
ConciergeExploration
Pitch
Customer Development Stages
Tuesday, 3 September, 13
Recap!
Tuesday, 3 September, 13
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
GET OUT OF THE BUILDING... and kill that ‘faster horse’!
Tuesday, 3 September, 13