Monday 15 September 2014

Take risks


Sometimes, talking and listening to customers, studying market research and one process after another, can stifle imagination and creativity. How can a new product or service be introduced without solid approval from its target customers? How can any product make it without the blessing of a hundred focus groups? However, we need only to look at the histories of some of the most successful businesses to find that they were founded on products that focus groups rejected.

Do your market research. Listen to your customers. Deliver the best service. But use your imagination. Don't be afraid to let a new product or service create a need. Don't let the data drive you. You need to drive the data.

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