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March 17, 2011

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Great post Cheryl,

And unfortunately "oh so true". But a big part of the issue is the time and cost of really understanding customers' businesses. Many product marketers don't get to meet with customers that often. And large market research budgets are a thing of the past. Social media is a good and inexpensive place to find indications of the business challenges customers face but even so, research takes time.

When you've been looking for the "holes" for a while it starts to become second nature but it's a skill that develops over time and seems harder to acquire when you are a product enthusiast or champion. Then, as you indicate, the "benefits" seem obvious if you love the features.

An even bigger challenge, is to define the business value for different business personas. So while the IT department and the training guys will love the improved ROI associated with the intuitive user interface, the manager of the function that will eventually benefit from the new software application will probably be more appreciative of the improved time to value. His ROI improvement probably comes from being able to book more business more quickly because the app can simply be deployed faster.

To deliver maximum impact, marketers must now address the needs of the whole buying committee. Not just the technical buyer.

Every theory can go wrong in practice. It always should be corrected..

The third lesson you've shared simply means that one must give the benefits. Of course! Companies should focus on providing the benefits. The customers won't tell you what they need unless you do something about it. A product's features must give satisfaction to customers. If it doesn't, then the benefit has not been provided and the customer's expectation isn't met.

Even if you are the only one who wants to save your troubled marriage you can do it alone once you know what you need to do. So, relax, take a deep breath and let's get started with some things you can do to get started on saving a troubled marriage.

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