The Dollar Stretcher - Money


Newsletters Email
Print Contact Editor
RSS Feed Share


Do You Know What They Really Want?

by Michael Angier


All too often, we make assumptions about what people want instead of asking them. Many products, and even businesses, are launched because the owners think they know what prospects and customers want. And they frequently find out too late and after much expense that their assumptions were flawed.

Just because you like something, just because you're excited about a product or service, doesn't mean enough other people will be. I'm a big believer in passion, but it can't be just your passion. Before launching something new, you should practice due diligence to enhance the chances for your success.

We've been asking a lot of questions of some of our subscribers and members lately. The insight and awareness we've gained has been invaluable. And we're making changes all the time based upon what we've learned.

One of the easiest ways to find out what your prospects and/or customers want is to use a simple ranking process. Call some of your customers and ask them for a few moments of their time. This exercise can be done in a survey, but you'll gain far more value if you talk with them personally.

Ask them how they would rate your products or services on a scale of one to ten. If they say "ten," ask them why. The reason they rank you as a ten may be totally different than you suspect.

If the answer is anything less than a ten, ask what it would take to make it a ten. This is a great starting point to find out what they really want. Don't defend anything you do or don't do. Keep asking what they want and how they want to be served.

In doing so, you'll gain priceless information and endear yourself to your customer. People want to know that you care and they want to be heard. It's a win all the way around. From here, you can tweak what you do to better serve the true wants of your clientele.

You can also use this same process in a focus group, in person or on a conference call. It oftentimes can work even better than one-on-one.

The main thing is to ask. It seems so obvious, but based upon our experiences in dealing with other companies, it's not done often enough.

Action Point

Employ the methods outlined above. Do it on an ongoing basis. Be willing to change and adapt to your customer's needs and wants. In doing so, your customers will be more loyal, you'll gain new customers, and you'll increase sales and profits.

Note: If you're not directly involved in end-user sales or service, you still have customers. They may not buy from you, but you deliver your services to someone, such as your boss, someone further down the line or even a vendor. The process works in any situation.


Michael is the author of 101 Best Ways to Be Your Best. SuccessNet's mission is to inform, inspire and empower people to be their best, both personally and professionally. Download your free report "10 Essential Keys to Personal Effectiveness" at http://SuccessNet.org/subscribes.htm. Explore their free access, eBooks and SuccessMark Cards at http://SuccessNet.org. Copyright Michael Angier & SuccessNet.
























Sign up for our free eNewsletter Dollar Stretcher Tips.

Your Email:

Ask The Dollar Stretcher

Looking for an answer to a frugal living question? Click here to ask a Dollar Stretcher Stretchpert!





Subscribe to TDS Newsletters

Surviving Tough Times
Dollar Stretcher Parents
Dollar Stretcher Tips
The Dollar Stretcher

(text-based)

Financial Independence
TDS Special Offers
The Computer Lady
Computer Lady Lessons
Healthy Foods




Cambridge Credit



Negotiation Skills

Your money saving idea could win you $100!

Each month one TDS reader will win $100 just for telling us your favorite time or money saving idea. It could be you!
Click here to share your idea.

Recent winners are:
- Michelle from NC
- Matt from CO
- Joan from CT
- Joanne in New York




Money problems?
The Dollar Stretcher can help:

Afraid to lose your job?

Struggling with credit card debt?

Help for your mortgage?

Can't pay your debts?

Need some extra income?

Fighting bad credit?

What you need to know about bankruptcy?

Become money smart?

Trouble repaying student loans?








Copyright 1996 - 2012 "The Dollar Stretcher, Inc." All rights reserved unless specifically noted.

Contact the Dollar Stretcher at:
Dollar Stretcher
PO Box 14160
Bradenton FL 34280
Voice 941-761-7805
Fax 941-761-8301


"The Dollar Stretcher, Inc." does not assume responsibility for advice given. All advice should be weighed against your own abilities and circumstances and applied accordingly. It is up to the reader to determine if advice is safe and suitable for their own situation.











 

Dollar Stretcher Community

TDS Forums Forums TDS Blogs Blogs


Also In This Week's Issue

In The Dollar Stretcher Community

Reader Favorites