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Product Development Objectives Part 2 – Improving Customer Value Daniel Maurer – October 2015 Software Vendor Management Guide www.softmanguide.com

Product Development Objectives - Part 2 - Improve Customer Value

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Page 1: Product Development Objectives - Part 2 - Improve Customer Value

Product Development ObjectivesPart 2 – Improving Customer Value

Daniel Maurer – October 2015Software Vendor Management Guidewww.softmanguide.com

Page 2: Product Development Objectives - Part 2 - Improve Customer Value

A presentation for you who…• Is the CEO of a software company• Shall take over as CEO of a software company• Member of the management team of a software company• Is a board member of a software company• Is the owner of a software company• Is an investor in a software company• Wants to start a software company• Are generally interested in how software companies are

managed and developed

Page 3: Product Development Objectives - Part 2 - Improve Customer Value

ContentHow to get customer perception

Page 4: Product Development Objectives - Part 2 - Improve Customer Value

IntroductionThe customer chose according to the specification

Page 5: Product Development Objectives - Part 2 - Improve Customer Value

IntroductionThe customer chose according to the specificationBut the customer also buys trust in you as a supplier

Page 6: Product Development Objectives - Part 2 - Improve Customer Value

IntroductionThe customer chose according to the specificationBut the customer also buys trust in you as a supplierTrust, that you improves and develops

Page 7: Product Development Objectives - Part 2 - Improve Customer Value

IntroductionThe customer chose according to the specificationBut the customer also buys trust in you as a supplierTrust, that you improves and develops

Therefore, you have to know what your customers thinks of you and wants from you

Page 8: Product Development Objectives - Part 2 - Improve Customer Value

Get the facts3 concrete tips

Page 9: Product Development Objectives - Part 2 - Improve Customer Value

1 – Customer surveyEasy to perform on a regular basisYou show customer care just by doing itAsk for your customers honest opinion but……consider that they base their value on usage……so don’t overrate customer values because……you as a software vendor also needs to understand what they need……but not yet know what they want and needDon’t just look on the numbers but concentrate more on the trend

Page 10: Product Development Objectives - Part 2 - Improve Customer Value

2 – Get out thereDo customer visits on a regular basisDon’t forget to ask the question……and remember the answer

Page 11: Product Development Objectives - Part 2 - Improve Customer Value

3 – InviteDo customer and user eventsUtilize the moment to deepen the customer relationshipTake the opportunity to present newsAcknowledge the customers choice of you as a vendorIf you think it’s expensive and complicated……do it onlineSince very few vendors do this, you will stand out if you do - guaranteed

Page 12: Product Development Objectives - Part 2 - Improve Customer Value

So…- Regular customer surveys- Visit your customers- Invite them to your place

Page 13: Product Development Objectives - Part 2 - Improve Customer Value

Product Development Objectives – Part 2Thank you for your attention!

Daniel Maurer – October 2015Software Vendor Management Guidewww.softmanguide.com