We simply do fail to have good conversations with our customers
Businesses, especially B2B businesses, just don't talk with their customers about how they help their customer to be successful.
There is a different approach, when executed well, can generate rich insight and new prospects with very little resource consumed.
The Outcomes Based Approach to Voice of Customer Interviews
The key concept in this approach, is to focus on what your customer is trying to achieve. Find out how your customer will be successful, and what role your business could play in helping them with that. Get under the challenges they face and explore what could ease those challenges.
Very quickly you will be hearing opportunities, getting free-of-charge deep insight, meaningful contextualised feedback and you will suddenly be sitting on the same side of the table as your customer, as their partner, rather than pitching a sale.
At all costs, avoid pitching at this stage. It's what the customer anticipates, but is probably reluctant to hear. Surprise your customer.
Outline of the Conversation
In very abbreviated terms an interview conversation will flow something like this:
Thank the customer for their time. Remind them that this is great insight to help you improve what you do to support your customer. Promise to follow-up at some point in the future to share what your business has done as a result.
DO NOT PITCH DURING THIS CONVERSATION
Handling the Interview Outputs
Your meeting notes should reveal a few customer needs.
Review Your Capabilities in Terms of Value to Your Customers - KANO Analysis
Professor Kano, of Tokyo University, developed a simple method of understanding customer or client needs. We can use this
method to truly understand how a client values a service or product.
Think about your customer interview and the capability(ies) you identified. Then for each capability, based on your notes, ask yourself how your customer would answer two questions (of course, in the future you can actually ask them):-
Classify the responses to both questions
as either:-
Plot each response against the following matrix.
The answers to the two questions about each capability will plot as either a "Delighter", a "Satisfier" or a "Dissatisifier". Any other plot means we have gone somewhere.
Be very careful at this stage. Businesses often miss the basics and end up wondering why their customers leave them.
You must absolutely land the Dissatisfiers. You must focus on how well you deliver the Satisfiers and only then consider Delighters.
Be very aware that the Satisfiers of today, will be the Dissatisfiers of tomorrow. This is a pipeline and should be revisited regularly.
Real World Example
My client was the Commercial Lending Operations function of a global investment bank. This team serviced the bank's clients who would borrow money, for example to buy a building for a hotel group. In understanding how value flowed through this function, I observed that the customer relations team only took calls from customers with concerns of some sort. I challenged them that they were essentially operating as a complaints handling team. I challenged them to start establishing a real relationship management approach for customers with Voice of Customer interviews.
I spent half a day coaching the client team on how to conduct the Voice of Customer Interviews and gave them an outline for the conversations.
Normally I would accompany the client in their first VoC interviews to support them through the process, but they felt the relationships were very sensitive.
My client came back from their first three VoC interviews, delighted with what they had learned and with an extra £10 million of business from one customer. They discovered:-
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