How to decide what to make next
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How do you decide which product or service to add next?
Over the last few decades, I've probably launched 500 products and services. And I don't think I've ever seen anyone talk about how organizations go about deciding what to make and what to shelve. How do you decide where to invest your scarce people and promotional resources?
If there's anything that can have a significant impact on you and your team, it's this decision. If marketing is the product, then choosing which product to market is your most important moment. Here are some of the reasons I've used (and have seen others use) to make this decision. Go ahead and add your own.
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What to do next?
Here are the top reasons (add your own)
My customer asked me to do this.
Even though my clients understand I may not have t more...3 points
It solves a real problem for a large market
There are lots of people who will likely buy it. T more...2 points
Sometimes you just have no choice...
following your passion, your heart and your mind m more...2 points
Someone with a lot of power and authority in the organization really wants it
1 point
This is a solution to a problem I have seen many times
Can't believe I have not seen this one yet... far more...1 point
Going with my GUT
It's what I feel is the best course of actions. It more...1 point
It locks in our base, making it less likely they'll be stolen by the competition
0 points
To pacify the sales force.
According to the sales force the current product d more...0 points
This is a solution to a problem I have seen many times
Can't believe I have not seen this one yet... far more...0 points
Its a brand new solution, but wait...
What is the problem again? Problem:build faster ca more...0 points
by sethgodin
Seth Godin is the bestselling author of 13 books. He writes about marketing, the spread of ideas and managing both customers and employees with respec... more »
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