TRIPLE III TIME: Customer-Base Realities

Every product and/or service has a customer–base that it applies to. Whether owned and operated by a private or public business entity…to be profitable, efficient and effective…every product or service has to regularly meet the need(s) of a certain group of customers.
So given this reality…how much time…study…and development effort do you/your organization devote to appropriately address: Customer-Base Realities?
When I went full-time into my consulting business I thought that I would be instantly “over-booked” by customers needing “innovation inspiration”! Guess what…I was wrong. Although it was and still is true that many could benefit from what services I provide… I did not:
- Realize the niche customer-base I was looking at.
- Take into account the impact timing has on those I was hoping to serve.
- Recognize that I had a lot of competition in my market.
- Understand that my service was not a necessity to the customer-base…rather only a continuous improvement option.
Or take into account other factors like:
- Locations I was planning to serve
- Age of potential customers
- Past consultant experiences
- Technological influences
Bottomline: I did NOT do a quality job researching, identifying and addressing (in the most simplified manner) the: Customer-Base Realities facing my business plan.
Today with all of the life-style, service delivery, hi-tech, job change and info-overload issues influencing people everywhere… challenging yourself/your employer to become better aware of Customer-Base Realities is critical. Whether you work in the field of human services or in a manufacturing area… your Customer-Base Realities regularly change similar to the seasons. Therefore becoming and remaining a “student” of Customer-Base Realities in your profession has endless potential benefit.
Posted on June 14, 2024, in LEADERSHIP - ALWAYS!, Triple III. Bookmark the permalink. Leave a comment.
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