Understanding Value Creation and Customer Needs
1. What is Value Creation?
Definition: In business, value creation means providing products or services that solve a problem, fulfill a need, or deliver a benefit to your customers.
Key Question: How
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Anonymous 2
Hey I am on Medial • 5m
Latent needs? Basically, giving people what they don’t even know they want—like touchscreen phones back in the day
0 replies1 like
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Most smartphone makers are using ODMs to make phones
Even Samsung uses ODMs
Most Motorola phones are ODM-based
Many phone makers use ODMs to save costs and produce phones faster so that they can launch them quickly in the market, especially budget
TALENT IS OVERRATED—CONSISTENCY WINS❗
You don’t need to be the smartest or the most talented—you just need to show up every single day. The ones who stay consistent, even when they don’t feel like it, are the ones who make it. Keep grinding, keep pu
People don’t buy for your reasons they buy for theirs.
Beginners fail by selling what they want, not what the customer needs.
The key to sales: identify the prospect’s true need and deliver on it. Miss that, and the entire process collapses.
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Vishu Bheda
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Interestingly!!
Good companies make products that customers want. Great companies make products that customers don’t yet know they want.
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Hemant Prajapati
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𝗧𝗵𝗲 𝗜𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝗰𝗲 𝗼𝗳 𝗚𝗶𝘃𝗶𝗻𝗴 𝗕𝗮𝗰𝗸: 𝗡𝗲𝘁𝘄𝗼𝗿𝗸𝗶𝗻𝗴 𝗮𝘀 𝗮 𝗧𝘄𝗼-𝗪𝗮𝘆 𝗦𝘁𝗿𝗲𝗲𝘁
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In networking, giving back is crucial. It's not just about collecting contacts but building meaningful relationships. Here's why giving
Yo, is our generation like dealing with hella info overload that our ancestors didn't even have to deal with? Like, we're getting bombarded with info on our phones 24/7, giving our brains zero time to really soak it all in and make sense of it.
