By Ron Langford and Kraig Schulz
Strategy & Leadership, March '06
(excerpt)
This article introduces a more comprehensive approach to generating customer insights that
can improve almost any organization’s ability to drive profitable, customer-focused growth.
The approach, which we call ‘‘3-D customer insight,’’ provides fact-based answers to the
following critical questions:
- What customers and customer segments should we focus on?
- What new products should we launch, and to which customers and customer segments
should they be introduced?
- How can we most profitably differentiate our offer from those of competitors?
- Where and how can we get the biggest bang from our growth investments (e.g. marketing
initiatives)?
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