At first glance, this is a no-brainer - of course we buy 'stuff' because of it's function. I learnt a few years ago that something's function is not always obvious. I was feeling vaguely guilty about having spent $300 on a blown glass vase which, while beautiful, had no obvious function. It couldn't even hold some flowers properly :). A wise friend, who has to be the least materialistic person I know (organic farmer, green, anti-establishment), asked me if it gave me pleasure when I looked at it. When I said 'yes' he said 'then that's it's function'. How many marketers know the true function of their products or services ? It should be simple. Insight pays.
𝐁𝐈𝐆 𝐇𝐎𝐒𝐏𝐈𝐓𝐀𝐋, 𝐒𝐌𝐀𝐋𝐋 𝐇𝐎𝐒𝐏𝐈𝐓𝐀𝐋, 𝐃𝐎𝐂𝐓𝐎𝐑’𝐒
𝐏𝐑𝐀𝐂𝐓𝐈𝐂𝐄
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In B2B, companies do not buy. People do. How do you segment your customers?
Almost every company has an answer ready. Customer bases are sliced by
revenue,...
2 days ago
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