Implications: It might sound like this report is stating
the obvious, but the fact of the matter is many companies have completely overlooked
this one simple request of the consumer.
We tend to think of innovation as adding another feature, or more bells
and whistles… when the reality is that the best innovation can occur when we
take something away. Think iPod
(reducing the many buttons and controls of previous music players to a single
button and a dial). Think Jiffy Lube
(reducing the previously complex process of taking your car in for service to a
ten-minute, oil-change-only experience).
Is your website filled
with bells and whistles? Or does it
simplify the relationship between you and your consumer? How about the in-store experience? Would the best innovations mean adding some
elements, or taking some away?
Mike Anderson, for
the Elm Street Economics consumer trends blog. A service of The Center for Sales Strategy, Inc.
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