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Identifying & Learning from
                          Your Target Customers

                              Singularity University
                                    #LSMSU



  Friday, July 27, 12
Monday, September 24, 12
Who Are
                            They?


  Friday, July 27, 12
Monday, September 24, 12
What is Exploration?




 Friday, July 27, 12
 Tuesday, June 12, 2012
Monday, September 24, 12
Find the
                           Pattern
                           Look for a Pattern


  Friday, July 27, 12
 Tuesday, June 12, 2012
Monday, September 24, 12
My customer is anyone who...




                                                          Todd!



  Friday, July 27, 12
Monday, September 24, 12
“Customers don't care about your solution.
                               They care about their problems.”
                                          - Dave McClure




  Friday, July 27, 12
Monday, September 24, 12
Customer psychology is the
                        gem of a successful startup




  Friday, July 27, 12
Monday, September 24, 12
Persona Development
                                                                                                                              Project Name:   Team Leader Name:   Experiment #:




                           Facts
                           Person                                              Pain
                           Factual information                                 State the problem you believe
                           about your target customer.                         your target customers have,
                                                                               that your solution solves for.




                           Behavior                                            Goals
                           Existing behavior they exhibit now,                 What goals are they trying to accomplish
                           because they don’t have your solution.              through the behavior, that your solution will do better?




  Friday, July 27, 12
Monday, September 24, 12
Get Out of the Building

                         “No business plan survives
                        first contact with customers.”
                                    - Steve Blank




  Friday, July 27, 12
Monday, September 24, 12
What’s the point?
                        • Uncovers how users think and behave
                        • Validates assumptions/removes bias
                        • Shows difference between intent and reality
                        • Provides direction and data instead of
                           opinion or speculation
                        • Provides the ability to inform design

  Friday, July 27, 12
Monday, September 24, 12
It is NOT

                           • Multiple Choice Surveys
                           • Focus Groups
                           • Your Personal (Biased!) Experience
                           • Conversations with Friends


  Friday, July 27, 12
Monday, September 24, 12
Effective Interviewing




  Friday, July 27, 12
Monday, September 24, 12
Go in with 2 to 3 objectives
                        and have a real conversation.
                                   Brant Cooper


                   Know your goals and questions.
                                  Giff Constable

                                Use a script.
                                   Ash Maurya



  Friday, July 27, 12
Monday, September 24, 12
Persona Development
                                                                                                                              Project Name:   Team Leader Name:   Experiment #:




                           Facts
                           Person                                              Pain
                           Factual information                                 State the problem you believe
                           about your target customer.                         your target customers have,
                                                                               that your solution solves for.




                           Behavior                                            Goals
                           Existing behavior they exhibit now,                 What goals are they trying to accomplish
                           because they don’t have your solution.              through the behavior, that your solution will do better?




  Friday, July 27, 12
Monday, September 24, 12
Friday, July 27, 12
Monday, September 24, 12
Talking to Customers
                                           Exploration



                        • Who, What, When, Where, Why, How
                        • Avoid Would
                        • The more you ask someone to imagine
                           something, the less you can trust their data




  Friday, July 27, 12
Monday, September 24, 12
No Selling Allowed




  Friday, July 27, 12
Monday, September 24, 12
3 POINT INTERVIEW

                  1. Do you have [insert specific
                           problem]? (context)
                  2. Tell me about the time you dealt with
                           this problem? (story)
                  3. What’s your ideal solution for this?
                           (solution)


 Friday, July 27, 12
 Tuesday, June 12, 2012
Monday, September 24, 12
How To Find Customers

                           1. Interview Strangers on Street
                           2.Shopping Mall & StarBucks
                           3.Bored People
                           4.Craigslist
                           5.LinkedIn
                           6.Cold Calls
                           7.Surveys (For Lead-Gen)
 Friday, July 27, 12
 Tuesday, June 12, 2012
Monday, September 24, 12
EARLY ADOPTERS
                           “FOAMING AT THE MOUTH”
                           1. Have the problem
                           2. Know they have the problem
                           3. Searched for solution
                           4. Hacked a solution
                           5. Paid for a solution

 Friday, July 27, 12
 Tuesday, June 12, 2012
Monday, September 24, 12
Record Data

  Friday, July 27, 12
 Tuesday, June 12, 2012
Monday, September 24, 12
How to Record Date




    Tuesday, June 12, 2012
  Friday, July 27, 12
Monday, September 24, 12
How to Record Date




    Tuesday, June 12, 2012
  Friday, July 27, 12
Monday, September 24, 12
Friday, July 27, 12
Monday, September 24, 12
Questions?
                           grace@leanstartupmachine.com

                                     @uxceo




  Friday, July 27, 12
Monday, September 24, 12

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Identifying and Learning from Your Target Customes

  • 1. Identifying & Learning from Your Target Customers Singularity University #LSMSU Friday, July 27, 12 Monday, September 24, 12
  • 2. Who Are They? Friday, July 27, 12 Monday, September 24, 12
  • 3. What is Exploration? Friday, July 27, 12 Tuesday, June 12, 2012 Monday, September 24, 12
  • 4. Find the Pattern Look for a Pattern Friday, July 27, 12 Tuesday, June 12, 2012 Monday, September 24, 12
  • 5. My customer is anyone who... Todd! Friday, July 27, 12 Monday, September 24, 12
  • 6. “Customers don't care about your solution. They care about their problems.” - Dave McClure Friday, July 27, 12 Monday, September 24, 12
  • 7. Customer psychology is the gem of a successful startup Friday, July 27, 12 Monday, September 24, 12
  • 8. Persona Development Project Name: Team Leader Name: Experiment #: Facts Person Pain Factual information State the problem you believe about your target customer. your target customers have, that your solution solves for. Behavior Goals Existing behavior they exhibit now, What goals are they trying to accomplish because they don’t have your solution. through the behavior, that your solution will do better? Friday, July 27, 12 Monday, September 24, 12
  • 9. Get Out of the Building “No business plan survives first contact with customers.” - Steve Blank Friday, July 27, 12 Monday, September 24, 12
  • 10. What’s the point? • Uncovers how users think and behave • Validates assumptions/removes bias • Shows difference between intent and reality • Provides direction and data instead of opinion or speculation • Provides the ability to inform design Friday, July 27, 12 Monday, September 24, 12
  • 11. It is NOT • Multiple Choice Surveys • Focus Groups • Your Personal (Biased!) Experience • Conversations with Friends Friday, July 27, 12 Monday, September 24, 12
  • 12. Effective Interviewing Friday, July 27, 12 Monday, September 24, 12
  • 13. Go in with 2 to 3 objectives and have a real conversation. Brant Cooper Know your goals and questions. Giff Constable Use a script. Ash Maurya Friday, July 27, 12 Monday, September 24, 12
  • 14. Persona Development Project Name: Team Leader Name: Experiment #: Facts Person Pain Factual information State the problem you believe about your target customer. your target customers have, that your solution solves for. Behavior Goals Existing behavior they exhibit now, What goals are they trying to accomplish because they don’t have your solution. through the behavior, that your solution will do better? Friday, July 27, 12 Monday, September 24, 12
  • 15. Friday, July 27, 12 Monday, September 24, 12
  • 16. Talking to Customers Exploration • Who, What, When, Where, Why, How • Avoid Would • The more you ask someone to imagine something, the less you can trust their data Friday, July 27, 12 Monday, September 24, 12
  • 17. No Selling Allowed Friday, July 27, 12 Monday, September 24, 12
  • 18. 3 POINT INTERVIEW 1. Do you have [insert specific problem]? (context) 2. Tell me about the time you dealt with this problem? (story) 3. What’s your ideal solution for this? (solution) Friday, July 27, 12 Tuesday, June 12, 2012 Monday, September 24, 12
  • 19. How To Find Customers 1. Interview Strangers on Street 2.Shopping Mall & StarBucks 3.Bored People 4.Craigslist 5.LinkedIn 6.Cold Calls 7.Surveys (For Lead-Gen) Friday, July 27, 12 Tuesday, June 12, 2012 Monday, September 24, 12
  • 20. EARLY ADOPTERS “FOAMING AT THE MOUTH” 1. Have the problem 2. Know they have the problem 3. Searched for solution 4. Hacked a solution 5. Paid for a solution Friday, July 27, 12 Tuesday, June 12, 2012 Monday, September 24, 12
  • 21. Record Data Friday, July 27, 12 Tuesday, June 12, 2012 Monday, September 24, 12
  • 22. How to Record Date Tuesday, June 12, 2012 Friday, July 27, 12 Monday, September 24, 12
  • 23. How to Record Date Tuesday, June 12, 2012 Friday, July 27, 12 Monday, September 24, 12
  • 24. Friday, July 27, 12 Monday, September 24, 12
  • 25. Questions? grace@leanstartupmachine.com @uxceo Friday, July 27, 12 Monday, September 24, 12