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AutorenbildJuan Diego Parra Castillo

BS-Free Service Design & Data-Driven Business Solution — Entrepreneur Tools Episode 3

New Blog

This blog post first appeared first on old medium publication (https://medium.com/startuprad-io), and was moved to this blog with the relaunch of our website in summer 2024.


Entrepreneur Tools Episode 3


This is a new series, within Startuprad.io’s YouTube Blog. We meet a lot of people and of course, we talk with some of them about the typical entrepreneur problems. Sometimes an entrepreneur solves known problems in a very systematic way, which we find great, or has great insights. In both cases, we will talk to him or her and bring you these recordings as entrepreneur tools. We are looking forward to your feedback.

This time we talk to Simon Stengelmeier (https://www.linkedin.com/in/simonstegelmeier/), also known as The Data Warrior (https://thedatawarrior.com/). This time we are talking about service design and marketing. Tune in to learn more.


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Jobs to be Done (including Affiliate Links)

Video



Audio


The Audio Podcast will be published at the same time. Please give us a bit to post the Spotify link here. In the meantime, you can subscribe to our podcasts here.


Put Value First


Customer Experience Quotes

  • “Customer experience better be at the top of your list when it comes to priorities in your organization. Customer experience is the new marketing.” — Steve Cannon, Former Head of Mercedes Benz USA, CEO AMB Group

  • “Innovation needs to be part of your culture. Customers are transforming faster than we are, and if we don’t catch up, we’re in trouble.” — Ian Schafer, Founder Deep Focus

  • “The most valuable resource you can give customers is your time. Listen to them to uncover their real needs. Only then can you find a way to solve their problems or meet their expectations. Treat the cause, not just the symptoms.” — Ginger Conlon, Editor-in-chief of Direct Marketing News

  • “User experience is everything. It always has been, but it’s undervalued and underinvested in. If you don’t know user-centered design, study it. Hire people who know it. Obsess over it. Live and breathe it. Get your whole company on board.” — Evan Williams, Co-Founder of Twitter


Know Your Target Audience / Create a Customer Avatar


  • What problem are you solving?

  • Who are you solving a problem for?

  • Demographics & Psychographics

  • Where do they “hangout” online/offline?

  • Who/What are they currently paying for to solve their problem?

  • What “Currency” are you increasing or decreasing (Metrics & Timeline)?

  • Jobs to be done https://hbr.org/2016/09/know-your-customers-jobs-to-be-done


Craft Your Message


Once you know exactly who your target audience is you can craft a strong message that addresses your specific customer avatar & answers key questions:

  • What main/core currency will you help them increase?

  • What metric is used to measure success?

  • What is the timeline?

  • What currency/problem will you help them decrease/avoid?

Message = Customer Avatar + (Core Currency + Metric + Timeline) — Problem

“I help established SMEs maximize ROI of their (Big) Data investments by doubling their speed-to-value in 90 days without tech overwhelm.”

Your Signature Solution


Your signature solution is the antidote to your customers’ pain. It is a clear path from where they currently are to where they want to be. This is your customers’ journey from point A to point B and it is your job to provide them with a map that gets them there safely every step of the way.


3 Steps to Success: How To Structure & Sell Your Services


  • Maximize (Customer Avatar, Message, Solution)

  • Monetize (Leads, Trust, Conversion)

  • Multiply (Paid, Organic, SEO)


The Data Warrior — (Cloud-First) Data-Driven Business Solutions


Simply implementing new data-driven technology is not enough. In order to actually benefit your business, data must be ingrained into your business’ culture. The steps outlined below can be executed and repeated, both as a “Data Culture” comes to life and after it is thriving in your business. Your business & its “Data Culture” continuously evolves, therefore The Data Warrior advises a phased approach that makes sense for your organization’s goals and needs.


Build (Governance) — Utility, Service Level, ROI


  • Foundational steps that make it possible to derive value from data.

  • Create a data leadership committee

  • Assess and prioritize the highest- value business problems

  • Define a set of key guiding metrics

  • Identify a few key business processes

  • Etc…


Run (Stewardship) — Access to hosted Solutions, Subscriptions, Customized Solutions


  • Programs and activities that create measurable value across an organization.

  • Develop data to support guiding metrics at the leadership level.

  • Analyze metrics against historical performance

  • Track metrics on a regular cadence

  • Identify or build a few key data sources that closely align to key decision points

  • Etc…


Scale (Management Systems) — Intelligence, Research, Education


  • Actions to optimize and future-proof your data efforts for years to come.

  • Redeploy and focus data resources

  • Assign executive sponsors to monitor metrics

  • Expand visibility into metrics

  • Measure the ROI of business improvements

  • Etc…

Feedback


Reach out to us, here is our audience survey, to give us feedback, suggest topics, interview partners or just to say “Hallo!” https://forms.gle/mLV6mVKwGwKuut8BA


The Interviewer


This interview was conducted by Jörn “Joe” Menninger, startup scout, founder, and host of Startuprad.io. Reach out to him:LinkedInTwitterEmail


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