Using Lean Sales and Marketing to Grow Revenue

This 28 day program offers a unique adult learning experience while introducing the Lean Marketing concepts. You will leave with a completely different way to view your sales and marketing efforts.
Lean Marketing House - 28 day program
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Lean Marketing House (More Info): A starting point for creating true iterative marketing cycles based on not only Lean principles but more importantly Customer Value. Recommended 1st reading of series.

Marketing with PDCA (More Info): Targeting what your Customer Values at each stage of the cycle will increase your ability to deliver quicker, more accurately and with better value than your competitor. It is a moving target and the principles of Lean and PDCA facilitates the journey to Customer Value.

Marketing with A3(More Info): Enables sales and marketing to use the Lean tool of A3 as a structured approach for their problem solving, strategies and tactics.

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Author Archive

In tomorrow’s podcast with Marc Stickdorn, co-author of This is Service Design Thinking,I asked my typical “last question” and it went like this:TISDT

Joe: Is there something that I didn’t ask that you would like to expand on or mention about service design thinking?

Marc: Maybe I would like to add one thing and that’s about expectations. We talked a lot about experiences now and one really; really important thing is the expectations. If you’re thinking about what advertisements do and communications if you go online and read reviews about said product and so forth it’s all affecting expectations. That is something really, really important.

If you’re thinking what satisfaction is, customer satisfaction, it really depends on the expectation. You level your expectations against your experiences. That’s what still many companies don’t really get to level their expectation that right manner. Expectation management is one thing which needs to be included in service design.

Joe: The expectation of what a customer should know and what an organization should do. Having that commonality really is what makes the product experience great. I think that’s a great point.

Marc: Definitely. That’s why low‑cost carriers are working so good because they promise you nothing and at the end of the day you get from A to B and that’s all you want and that’s all they promise and that’s all they do. That’s why they work. They can have an awful customer experience but if they don’t promise anything else, fair enough.

If you promise to have an awesome customer experience and you just provide an average experience that’s something negative. That’s what I meant with a shift from advertising to experiences as well.

How many of us really spend time on expectations? How many of us over promise and under deliver? We spend time on defining customer needs and how we can deliver on them but do we ever go back and defining his expectations? Most sales teachings employ techniques that are manipulative and tied to customer emotions. You try to guide them down a certain path. I have written about this before in Kill the Sales and Marketing Funnel where I said:

The Sales and Marketing Funnel is a theory that needs to be laid to rest. A linear approach to predict, plan, and proceed is a precarious way to advance. This approach prematurely foresees a solution for the customer without ever understanding their problem. And if you consider addressing the application of social media, it does nothing to support inbound marketing. As we work our way down the funnel, it is just as likely evidence will mount that the proposed solution is wrong. However, we have so much invested we attempt to sway the course of action in our favor.  Linear planning will increase the risk for a customer to engage in an inappropriate course of action.

I find expectations are closely rooted to empathy. You have to truly take interest in the customer’s well-being in able to assist them in defining the minimum level of performance needed and the amount of effort they are willing to put forth. The key is listening with empathy. Your persona is more important than the customers at this point. Before you begin teaching the customer what they need to know, start thinking of this process a little differently. Think of it as you being the pupil rather than the teacher. Think about you having that “aha” moment or that moment when you “get it” versus when your customer gets it. When that “Aha” moment arrives – delighting the customer may not be all that difficult.

P.S. Review the The Lean Engagement Team

Related Information:
The Subservient Marketing Funnel
Servant Leadership in the Toyota Culture
Can anyone truly understand and empathize with another?
Four Star General on Leadership–Listen, Learn…

Categories : Lean
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Need a collection of tools to help generate business model ideas! The Business Model Canvas is an analytical tool outlined in the book Business Model Generation. It is a visual template preformatted with the nine blocks of a business model, which allows you to develop and sketch out new or existing business models. This book has sold over 220,000 copies the past two years and has established itself as one of the leading sources of modeling for both startups and established businesses. 

If you’re ready to change the rules, you belong to "the business model generation!" Listen to Alex discuss this concept and he latest extensions to the BMGen platform such as the Customer Value Canvas plugin. 


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Download Podcast: Click and choose options: BMGen or go to the Business901 iTunes Store.

Alex OsterwalderAbout: Dr. Alexander Osterwalder is a sought-after author, speaker, workshop facilitator and adviser on the topic of business model design and innovation. He has established himself as a global thought leader in this area, based on a systematic and practical methodology to achieve business model innovation. Executives and entrepreneurs all over the world apply Dr. Osterwalderʼs approach to strengthen their business model and achieve a competitive advantage through business model innovation. Organizations that use his approach include 3M, Ericsson, IBM, Telenor, Capgemini, Deloitte, Logica, Public Works and Government Services Canada, and many more. 

  • Competitive Advantage Through Business Model Innovation
  • Aligning Business Model Innovation and Information Technology
  • From Business Model to Business Plan
  • Private Banking Business Models – discover, understand, define
  • Business Models in the Media Industry
  • Business Models at the Bottom of the Pyramid
  • Social Entrepreneurship Business models
  • Design Thinking in Business

Alex’s Websites:
http://www.businessmodelalchemist.com
http://businessmodelhub.com/
http://www.businessmodelgeneration.com/

Related Information:
Do You Know the Right Job For Your Products?
Lean Canvas for Lean EDCA-PDCA-SDCA
Will Product Managers embrace Open Innovation?
Steve Blank on the Lean Startup at Ann Arbor

Categories : Lean
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Conversations with twitter companion @flinchbaugh surfaced several frustrations with banking

From @flinchbaugh Lending by the nation’s top 4 banks is down over $150 Billion – we still have a lending crisis that is hurting the ability to create jobs.

@flinchbaugh is that a lending issue or if companies had a demand could they get the money – #justwondering #chicken&egg

@business901 I see what were traditionally loan-worthy companies trying to get a loan but banks won’t do it. They’re setting a very high bar

@flinchbaugh not denying that, so they do have demand for product/service – that’s my question?

I understand, what I am saying if there is a "demand" there is capital (private) available but not want 2 use alternative? #collaboration

I am questioning if traditional works, I am not even sure the purpose of banks since they don’t loan money anymore.

@business901 Well, the big 4 still loaned $3 Trillion, it’s just down a big chunk. Less relevant, but still critical cog in economy

Yes, these are company that are already operating, not business-plan-and-a-dream companies. Constrained cash is biggest limiter in growth

I was not considering that these are startups or new innovation. I think this the time for a disruptive element to take place in traditional financing. When you review the successes of a model such as Kiva for example. Review how non-profits solicit donations, is that to far of a stretch for businesses?

Another twitter companion @ServiceDesigns  sent me over an example of how Service Design Thinking has been applied for funding.

Is Lucky Ant the future of funding model for Social Innovation? Looks amazing: http://luckyant.com

Corporations are sitting on tons of cash. Should they not take an interest in both their suppliers and customers to co-produce and co-create products/services with them? Is this the future of banking? Could we develop another word for loans like collaboration?

Related Information:
Jamie Flinchbaugh
Service Design Thinking Podcast with Marc Stickdorn
Define the Expectation, Delight the Customer
Can anyone truly understand and empathize with another?

Categories : Lean
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