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Showing posts with label Understand your customers’ buying process. Show all posts
Showing posts with label Understand your customers’ buying process. Show all posts

Wednesday, December 28, 2011

Understand your customers’ buying process

by Jeff Lash

If you want to be a bad product manager, assume that if you build a great product, getting people to buy it will not be a problem. Just figure out what needs there are in the market, design a product that meets those needs, and the money will just roll in.
If you want to be a good product manager, understand your customers’ buying process and factor that in to the overall design of your product. Yes, you must have a good product in order to succeed, but a good product alone will not lead to sales success. Without understanding the process which your customers go through to evaluate and buy a product, you may be missing crucial elements in the product or in surrounding elements — everything from sales channels to product support — which will impact potential revenue.
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