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You Are NotYour Customer
Mid-Atlantic Marketing Summit Baltimore, MD 9/29/16
Bob London, Chief Listening Officer
2
Paul: I brought you a picture of me,
Bob London!
3
Paul: I brought you a picture of me,
Bob London!
An elegant,
hand-carved
frame made
of the finest
Brazilian
teak!
I even
autographe
d it!
Featuring my
patented
“casual-jacket-
thrown-over-
the-shoulder”
pose!
Full color!
Ummmm…thanks…
But what would have been nice…
4
That’s more like it!
5
6
TOO MUCH MARKETING IS
FORGETTABLE & INEFFECTIVE BECAUSE
MARKETERS HAVE THE WRONG
PERSPECTIVE:THEIR OWN
September 2012:
T-Mobile Hires John Legere as CEO
September 2012:
T-Mobile Hires John Legere as CEO
• 4th place US
wireless carrier
• Losing subscribers
to AT&T, Verizon
• Commoditized
It’s all about network coverage maps,
right?
11
Legere found a
visceral window into
the public’s angst.
“None of the
technology
mattered.”
“There was this
plethora of hatred
for this industry and
this never-ending list
of things people
wanted to change.”
12
“My head exploded,
and I just went on a
rant about the
wireless industry and
how I didn’t get it.”
“People hate
contracts. Let’s not
have them! ‘You
can’t,’ people said.
Why?”
13
“People hate
contracts. Let’s not
have them! ‘You
can’t,’ people said.
Why?”
ELEVATOR
RANT
14
T-Mobile Share Price vs. Major Indices
15
First Quarter 2016:
“T-Mobile Lapped the Field”
T-Mobile
31%
AT&T
3%
Sprint
3%
Verizon
1%
New Activation
Customers, 1Q16
Source: Fortune Magazine, 4/19/2016
Most Marketers “Get”
the Customers’ Perspective,
Right?
18
McKinsey: “How
companies talk past
their customers”
“The themes that many
companies consider important
appear to have minimal influence
on buyers’perceptions.”
19
McKinsey: “How
companies talk past
their customers”
“The themes that many
companies consider important
appear to have minimal influence
on buyers’perceptions.”
20
McKinsey: “How
companies talk past
their customers”
“The themes that many
companies consider important
appear to have minimal influence
on buyers’perceptions.”
“We can solve all
your problems!”
“Can you solve my specific problem
better than anyone else?”
How do we fix the disconnect &
discover what’s valuable from the
customers’ perspective?
We Can Try Asking Them 
Interviews with 600+
decision-makers to discover
their Elevator Rants.
“Magic” Questions to Discover the
Customers’ Elevator Rant (Sample)
What are your top 2 – 3
priorities for the board?
What might
you get fired
for not doing?
What do we do better than
anyone else?
What would you lose if we
went out of business?
What do other vendors do
that annoy you?
Does my industry have a
reputation—good or bad?
What’s your worst fear about
investing in (product or
service)?
What would make you a
customer for life?
“Magic” Questions to Discover the
Customers’ Elevator Rant (Sample)
What are your top 2 – 3
priorities for the board?
What might you get fired for
not doing?
What do we do better than
anyone else?
What would you lose if we
went out of business?
What do other vendors do
that annoy you?
Does my
industry have a
reputation—
good or bad?
What’s your worst fear about
investing in (product or
service)?
What would make you a
customer for life?
“Magic” Questions to Discover the
Customers’ Elevator Rant (Sample)
What are your top 2 – 3
priorities for the board?
What might you get fired for
not doing?
What do we do better than
anyone else?
What would you lose if we
went out of business?
What do other vendors do
that annoy you?
Does my industry have a
reputation—good or bad?
What’s your worst fear about
investing in (product or
service)?
What would
make you a
customer for
life?
2Year Old Cloud Management
Software Firm with $0 Sales
26
“Our platform helps
you gain visibility &
control over your
public, private & hybrid
cloud environments.
You can reduce costs &
run your cloud more
efficiently.”
2Year Old Cloud Management
Software Firm with $0 Sales
27
“Our platform helps
you gain visibility &
control over your
public, private & hybrid
cloud environments.
You can reduce costs &
run your cloud more
efficiently.”
“Wow, you’re trying
to do an awful lot in
one piece of
software. I’m not
sure what problem it
solves. No thanks.”
“Is there
one specific
problem it
solves really
well?”
2Year Old Cloud Management
Software Firm with $0 Sales
28
“Is there
one specific
problem it
solves really
well?”
“One feature is like a programmable
light switch that turns off your cloud
when you’re not using it. This reduces
your monthly costs by 20 – 60%.”
“Now that’s cool.
Can I just buy
that & not the
whole platform?”
CUSTOMERS’
ELEVATOR
RANT
Pivot to Simple EnterpriseWeb App
29
Pivot to Simple EnterpriseWeb App
30
2 YEARS WITH
NO CUSTOMERS
OR REVENUE
Pivot to Simple EnterpriseWeb App
31
RAISED
$1.65M IN
VENTURE
FUNDING
NowWhat?
Real conversations with
real humans.
Discover their Elevator
Rant
Learn how they buy.
Learn the real language
they use.
Stay objective. Never
get defensive!
You’re a Marketer.
Listen to the Market
NowWhat?
Then Transform Your
Marketing
Focus on features &
benefits that matter most
from target’s perspective.
Emphasize the problem you
solve best and prove it.
Use the customer’s
language in your marketing.
Help their research:
Provide more facts than
narrative.
34
Fix Your Perspective—
Then Fix Your Marketing.
ThankYou!

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You are Not Your Customer

  • 1. You Are NotYour Customer Mid-Atlantic Marketing Summit Baltimore, MD 9/29/16 Bob London, Chief Listening Officer
  • 2. 2 Paul: I brought you a picture of me, Bob London!
  • 3. 3 Paul: I brought you a picture of me, Bob London! An elegant, hand-carved frame made of the finest Brazilian teak! I even autographe d it! Featuring my patented “casual-jacket- thrown-over- the-shoulder” pose! Full color!
  • 4. Ummmm…thanks… But what would have been nice… 4
  • 6. 6 TOO MUCH MARKETING IS FORGETTABLE & INEFFECTIVE BECAUSE MARKETERS HAVE THE WRONG PERSPECTIVE:THEIR OWN
  • 7. September 2012: T-Mobile Hires John Legere as CEO
  • 8. September 2012: T-Mobile Hires John Legere as CEO • 4th place US wireless carrier • Losing subscribers to AT&T, Verizon • Commoditized
  • 9. It’s all about network coverage maps, right?
  • 10.
  • 11. 11 Legere found a visceral window into the public’s angst. “None of the technology mattered.” “There was this plethora of hatred for this industry and this never-ending list of things people wanted to change.”
  • 12. 12 “My head exploded, and I just went on a rant about the wireless industry and how I didn’t get it.” “People hate contracts. Let’s not have them! ‘You can’t,’ people said. Why?”
  • 13. 13 “People hate contracts. Let’s not have them! ‘You can’t,’ people said. Why?” ELEVATOR RANT
  • 14. 14
  • 15. T-Mobile Share Price vs. Major Indices 15
  • 16. First Quarter 2016: “T-Mobile Lapped the Field” T-Mobile 31% AT&T 3% Sprint 3% Verizon 1% New Activation Customers, 1Q16 Source: Fortune Magazine, 4/19/2016
  • 17. Most Marketers “Get” the Customers’ Perspective, Right?
  • 18. 18 McKinsey: “How companies talk past their customers” “The themes that many companies consider important appear to have minimal influence on buyers’perceptions.”
  • 19. 19 McKinsey: “How companies talk past their customers” “The themes that many companies consider important appear to have minimal influence on buyers’perceptions.”
  • 20. 20 McKinsey: “How companies talk past their customers” “The themes that many companies consider important appear to have minimal influence on buyers’perceptions.” “We can solve all your problems!” “Can you solve my specific problem better than anyone else?”
  • 21. How do we fix the disconnect & discover what’s valuable from the customers’ perspective? We Can Try Asking Them 
  • 22. Interviews with 600+ decision-makers to discover their Elevator Rants.
  • 23. “Magic” Questions to Discover the Customers’ Elevator Rant (Sample) What are your top 2 – 3 priorities for the board? What might you get fired for not doing? What do we do better than anyone else? What would you lose if we went out of business? What do other vendors do that annoy you? Does my industry have a reputation—good or bad? What’s your worst fear about investing in (product or service)? What would make you a customer for life?
  • 24. “Magic” Questions to Discover the Customers’ Elevator Rant (Sample) What are your top 2 – 3 priorities for the board? What might you get fired for not doing? What do we do better than anyone else? What would you lose if we went out of business? What do other vendors do that annoy you? Does my industry have a reputation— good or bad? What’s your worst fear about investing in (product or service)? What would make you a customer for life?
  • 25. “Magic” Questions to Discover the Customers’ Elevator Rant (Sample) What are your top 2 – 3 priorities for the board? What might you get fired for not doing? What do we do better than anyone else? What would you lose if we went out of business? What do other vendors do that annoy you? Does my industry have a reputation—good or bad? What’s your worst fear about investing in (product or service)? What would make you a customer for life?
  • 26. 2Year Old Cloud Management Software Firm with $0 Sales 26 “Our platform helps you gain visibility & control over your public, private & hybrid cloud environments. You can reduce costs & run your cloud more efficiently.”
  • 27. 2Year Old Cloud Management Software Firm with $0 Sales 27 “Our platform helps you gain visibility & control over your public, private & hybrid cloud environments. You can reduce costs & run your cloud more efficiently.” “Wow, you’re trying to do an awful lot in one piece of software. I’m not sure what problem it solves. No thanks.” “Is there one specific problem it solves really well?”
  • 28. 2Year Old Cloud Management Software Firm with $0 Sales 28 “Is there one specific problem it solves really well?” “One feature is like a programmable light switch that turns off your cloud when you’re not using it. This reduces your monthly costs by 20 – 60%.” “Now that’s cool. Can I just buy that & not the whole platform?” CUSTOMERS’ ELEVATOR RANT
  • 29. Pivot to Simple EnterpriseWeb App 29
  • 30. Pivot to Simple EnterpriseWeb App 30
  • 31. 2 YEARS WITH NO CUSTOMERS OR REVENUE Pivot to Simple EnterpriseWeb App 31 RAISED $1.65M IN VENTURE FUNDING
  • 32. NowWhat? Real conversations with real humans. Discover their Elevator Rant Learn how they buy. Learn the real language they use. Stay objective. Never get defensive! You’re a Marketer. Listen to the Market
  • 33. NowWhat? Then Transform Your Marketing Focus on features & benefits that matter most from target’s perspective. Emphasize the problem you solve best and prove it. Use the customer’s language in your marketing. Help their research: Provide more facts than narrative.
  • 34. 34 Fix Your Perspective— Then Fix Your Marketing. ThankYou!

Editor's Notes

  1. Look at all these great features! “Wow…Thanks Bob…um…so thoughtful. But I don’t know what I’d do with a picture of you.” “What would be really nice…” How to get a free headshot: Pay thousands of dollars for your son’s bar mitzvah and the photog will take a headshot of you for free.
  2. Look at all these great features! “Wow…Thanks Bob…um…so thoughtful. But I don’t know what I’d do with a picture of you.” “What would be really nice…” How to get a free headshot: Pay thousands of dollars for your son’s bar mitzvah and the photog will take a headshot of you for free.
  3. Adding up all the transfers and also taking into account new, first time mobile customers, T-Mobile lapped the field with a net 31% growth rate among new activation customers in the first quarter. AT&T and Sprint posted a net gain of only 3% and Verizon increased just 1%. All other carriers had a net loss of 13%. T-Mobile lapped the field
  4. You aren’t alone.
  5. You aren’t alone.
  6. You aren’t alone.
  7. Forrester: independently validated the market feedback as part of a large trend among skeptical software buyers—don’t sell me a swiss army knife when all I need is a hacksaw or an icepick.
  8. Forrester: independently validated the market feedback as part of a large trend among skeptical software buyers—don’t sell me a swiss army knife when all I need is a hacksaw or an icepick.
  9. Forrester: independently validated the market feedback as part of a large trend among skeptical software buyers—don’t sell me a swiss army knife when all I need is a hacksaw or an icepick.
  10. Forrester: independently validated the market feedback as part of a large trend among skeptical software buyers—don’t sell me a swiss army knife when all I need is a hacksaw or an icepick.
  11. Forrester: independently validated the market feedback as part of a large trend among skeptical software buyers—don’t sell me a swiss army knife when all I need is a hacksaw or an icepick.
  12. Forrester: independently validated the market feedback as part of a large trend among skeptical software buyers—don’t sell me a swiss army knife when all I need is a hacksaw or an icepick.