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๐ Understanding Customer Needs: Gains, Pains & Risks A customer profile includes three key elements: โ Gains โ The benefits customers seek from a product. โ ๏ธ Pains โ The discomforts they want to eliminate. ๐ Risks โ The uncertainties they try to minimize. ๐ฏ Together, these factors help businesses understand what customers truly want, what they want to avoid and what influences their buying decisions!
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๐ Value Proposition Canvas Explained This framework aligns a businessโs offerings with customer needs: ๐ค Customer Profile: Identifies โ gains (benefits), โ ๏ธ pains (challenges) and โก risks ๐ฆ Value Proposition: Defines ๐๏ธ products/services, ๐ p
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๐งโ๐ผ Customer Profile Explained Creating a customer profile helps businesses understand their target audience: 1๏ธโฃ Identify Customer Segments โ Who are your potential customers? 2๏ธโฃ Analyze Their Needs โ Understand pains, gains, beliefs and desire
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Aaj Ki Raat, Dhandhe Ki Baat Value Proposition (Part-2): In previous post, we understood the ABC of Value Proposition. Now, let's dig little deeper. => The Game Of Gain & Pain. A winning business solves customer problems (pains) and delivers benefits
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๐ DAILY BOOK SUMMARIES ๐ ๐ DIRECT FREE E-BOOK DOWNLOAD LINK AVAILABLE โ https://drive.google.com/file/d/1-g9eWs8vbHNeg4vhUNAIInHJc568N9v3/view?usp=drivesdk ๐ฅValue proposition design ๐ฅ ๐ 20 Lessons ๐ โจ Alexander , Yves , Greg , and Alan โจ
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Aaj Ki Raat, Dhandhe Ki Baat Value Proposition (Part-1): Let's understand this by a famous dialogue of a girlfriend when she caught you, "Usme to esa kya he, jo mere me nahi he...". now, let's reverse it to understand the value proposition, "Mere me
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Steve Jobs' thoughts on Market Research Some people say, โGive the customers what they want.โ But thatโs not my approach. Our job is to figure out what theyโre going to want before they do. Henry Ford once said, โIf Iโd asked customers what t
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Aaj Ki Raat, Dhandhe Ki Baat Value Proposition (Part-3): In Previous parts, we understood the Value Proposition in details. Let's finish it of with PMF (Product Market Fit) PMF is the sweet spot where your product or service perfectly meets a probl
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โ ๏ธ Types of Functional Pains in Customer Experience Customers face different challenges when using a product or service: ๐ฐ Financial Pain โ Too expensive, seeking cost reduction. โณ Productivity Pain โ Wasting too much time, needing efficiency. ๐
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