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You Should Never Say "What Customers Need to Understand is..." I always cringe when product people utter the words “What customers need to understand is…”.  To me it shows a fundamental misunderstanding of how to serve a market.  I saw this sentiment reported in a recent  New York Times article  on the hearing aid market which explained that the pricing model is essentially a forced bundle where two thirds of the price was for service, including hearing evaluation, counseling and adjustments over the life of the product.  This approach has put a pair of hearing aids at or about $5,000. The manufacturers believe, and perhaps rightly so, that diagnosing and treating hearing loss are too complex for consumers to do using consumer devices, without the aid of a professional and therefore justifies the forced bundle.  However, in this age of self-service people will search out their own solutions. By assuming a status quo approach with forced bundles a...
You Should Crave the Rave! I recently finished reading David Meerman Scott’s latest book World Wide Rave . It is a great how-to book on creating “triggers that get millions of people to spread your ideas and share your stories”. With the same quick pace of his past books Scott introduces readers to his six Rules of the Rave: 1) Nobody cares about your products (except you) 2) No coercion required 3) Lose control 4) Put down roots 5) Create triggers that encourage people to share 6) Point the word to your (virtual) doorstep In the following chapters he shares some powerful examples of how PR, marketing and product professionals took advantage of these ideas to raise awareness. My favorite story was how Cindy Gordon, VP of new media at Universal Orlando Resort, hyped the upcoming Harry Potter attraction by telling just seven people. These seven were so influential that eventually 350 million people heard about the attraction. He also weaves some best practices like creating buyer person...