I had to learn this the hard way when founding my first Startup: "SciSurfer".
One of the weaknesses was for sure that we did not get sales right. And I leaned a lot from that mistake.
Sales is important. Very important.
A book that was recommended by Jason Fried from Basecamp was Demand Side Sales.
Key takeaways:
- Demand side sales is basically not cold calling people, but making them aware of something, presenting them something and then helping the customer so that a sale can be made.
- Demand side sales is understanding what the customer wants. Maybe through advanced interviews.
- The struggling moment: When there's a problem, people want something. This is where the pull is being created. E.g. When my compuer becomes slow I begin looking around for something new.
- Jobs-to-be-done framework stages: First thought -> passive looking -> active looking -> deciding -> onboarding -> ongoing use
- Three motivators for customers to buy: Functional (eg downsizing), Emotional (eg Thanksgiving when the family comes together), Social motivations: Eg live near your family
- Supply: Sell by features, Demand: Understand the customer and deliver exactly what she needs.
- Example: Snickers moved from competing with other snacks to competing with lunch. People ate Snickers when they were hungry because the peanuts made it feel different.
- Make sure you present alternatives - that allows to frame the decision. Only one option does not frame the decision.
- Marketing can only create demand when there's a stuggling moment - otherwise there is no demand.
- Good case studies: How to reduce the number of students quitting their distance learning courses.
- Toyoda's five why framework is a bit strange and never worked really for me (if you deal with clever people)
Verdict
Very good read. Good examples. Good graphics and frameworks to follow.
The book: https://www.amazon.de/-/en/Bob-Moesta-ebook/dp/B08FRRF68Q