ENTREPRENEURS CUSTOMER DEVELOPMENT Questions?
What QUESTIONS do Entrepreneurs need to ask when focusing on successful Customer Development?
Customers decide the sustainability of your venture. Make sure to understand and solve their pain points
What are you doing to make your customer relationships durable?
As opposed to, a single buying interaction.
Will my target buyer buy> at my price point?
Who is my ideal customer?
Refer to customer persona
How do my customers buy my product or service?
Identify the buying process what are the significant milestones
Who influences my customers throughout the buying process?
What customer need is your product/service addressing?
There may be more than one need or 'pain point' that you are addressing.
Here are 4 simple ways for you to increase your customers' loyalty and encourage repeat purchases: Always keep in touch with your customers. Your customers are your friends, treat them as one. The easiest way for them to forget you is to stop hearing from you.
Are you selling your product to other businesses or directly to the consumer? How should your marketing approach be different? It’s important to understand this difference. Question by @4Entrepreneur
How will I give added value beyond what my competitors give?
Question by @4Entrepreneur
This week, and most weeks, social media is on peoples tongue. It used to be only a marketing tool, and now is spreading to other parts of the business. It is used for communication with the customer both inbound, and outbound. Other technologies are prevalent, and proving that is a necessary in the business in order for great success.