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What’s next?
Consumer and Business Trends
Changing our Lives – and Your Market

Trend         Questions to ask                        Ideas to explore
Big Data      1. What data do you collect?             • Take a deep dive into Web
                 Why?                                    analytics – heat maps, paths to
                                                         purchase, A/B multivariate
              2. What would happen if you                testing, etc.
                 connected data that’s held in
                 separate databases now?              • Integrate at least one database
                                                        with your core order system –
              3. What data can you tie directly         start easy, like, connect
                 to customer behavior?                  customer service notes with
                                                        order history.
              4. What data could validate that a
                 particular prospect or customer      • Start collecting data on
                 is worth spending money on?            something related to operations.
                                                        Get a phone app for tracking
              5. Could you make micro                   car mileage. Analyze your
                 improvements that add up to            routes. Start planning more
                 big money if you could analyze         efficiently.
                 more data?
                                                      • Explore using an integrated
                                                        Web site / ordering /
                                                        marketing / social media
                                                        platform

Presumerism   1. What business idea could you         • Fund at least one new idea each
                 post to Kickstarter for funding        quarter. Get used to the process
                 and feedback?                          and interaction.

              2. What would you be willing to         • Have a Shark Tank party:
                 give pre-launch adopters in            pick five pitches from a
                 return for their support?              crowdfunding site, let someone
                                                        pretend to be the entrepreneur
              3. How could you express your             and other be the investors. Pick
                 business plan in one page?             a winner.
              4. What questions would you want        • Develop one focused new
                 to answer before you launched          product or service – and post it
                 your new product or service?           on a crowdfunding site.
              5. What difference would it make
                                                      • Contact a successful
                 if you started your first business
                                                        crowdsourcer startup
                 using crowdfunding and
presumer feedback?                    entrepreneur. Interview and
                                                        learn.
Gamification   1. What game have you played           • Go play some games online.
                  online that was connected to a
                  product brand?                      • Ask your customers if they
                                                        would play a game related to
               2. Why did you enjoy it?                 your business.
               3. In what ways could make your        • Ask your customers what they
                  product or service fun?               would do to make your
                                                        products and services fun, as it
               4. Whom do you think a game              relates to gamification.
                  would appeal to, as it relates to
                  your business?
                                                      • Develop one simple game you
                                                        could launch, end and analyze.
               5. What would you want to gain
                  from a game if you launched
                  one for your business?

Genwhat?       1. What percentage of your             • Rewrite your business plan to
                  customers fall into what              target certain customers,
                  generation category?                  starting with age range and
                                                        related demographics.
               2. If you looked at what
                  customers spend the most with       • Create a marketing plan to
                  your business, what generation        reach a specific generation you
                  would it be?                          typically don’t sell to.
               3. Why do think the above              • Assemble employees who
                  generation spends more than           seem to fit the Millennial
                  others?                               profile. Ask them what they
                                                        think, what they would do
               4. What could you do to appeal to        differently if they were you.
                  other generations that have
                  spending power?
                                                      • Consider becoming more
                                                        involved in a charitable cause
               5. How could lead employees
                                                        you’re passionate about.
                  differently if you considered
                  their generational differences?



Small          1. How much time do you spend          • If you don’t have a
Screens           with a smartphone or tablet?          smartphone or tablet, go buy
                                                        one. Or both.
               2. How would you change your
                  marketing approach if the only      • Download and install the top
                  place you advertised and              five business brand
                  interacted with customers was         applications in the Apple App
on a smartphone?                        Store or Google Play Store.

                3. What entirely new product,          • Start using your smartphone
                   service or customer experience        for all office functions – free
                   could you develop for a tablet or     yourself from the desk and the
                   smartphone?                           PC. Avoid saying the word
                                                         “can’t.”
                4. Say you ran a TV ad – what
                   would you want customers to do      • Develop one new business
                   on their smartphones while they       idea that only uses a
                   watched the ad?                       smartphone app.
                5. What customer service
                   functions could you channel
                   toward tablets and smartphones?



See related slides at the Barry R. McCann LinkedIn page.

Prepared and copyrighted 2013 Barry R. McCann.

Contact: brm@barryrmccann.com
Twitter: @barryrmccann

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What's Next Worksheet from Revenue North Conference Colorado Springs 2013

  • 1. What’s next? Consumer and Business Trends Changing our Lives – and Your Market Trend Questions to ask Ideas to explore Big Data 1. What data do you collect? • Take a deep dive into Web Why? analytics – heat maps, paths to purchase, A/B multivariate 2. What would happen if you testing, etc. connected data that’s held in separate databases now? • Integrate at least one database with your core order system – 3. What data can you tie directly start easy, like, connect to customer behavior? customer service notes with order history. 4. What data could validate that a particular prospect or customer • Start collecting data on is worth spending money on? something related to operations. Get a phone app for tracking 5. Could you make micro car mileage. Analyze your improvements that add up to routes. Start planning more big money if you could analyze efficiently. more data? • Explore using an integrated Web site / ordering / marketing / social media platform Presumerism 1. What business idea could you • Fund at least one new idea each post to Kickstarter for funding quarter. Get used to the process and feedback? and interaction. 2. What would you be willing to • Have a Shark Tank party: give pre-launch adopters in pick five pitches from a return for their support? crowdfunding site, let someone pretend to be the entrepreneur 3. How could you express your and other be the investors. Pick business plan in one page? a winner. 4. What questions would you want • Develop one focused new to answer before you launched product or service – and post it your new product or service? on a crowdfunding site. 5. What difference would it make • Contact a successful if you started your first business crowdsourcer startup using crowdfunding and
  • 2. presumer feedback? entrepreneur. Interview and learn. Gamification 1. What game have you played • Go play some games online. online that was connected to a product brand? • Ask your customers if they would play a game related to 2. Why did you enjoy it? your business. 3. In what ways could make your • Ask your customers what they product or service fun? would do to make your products and services fun, as it 4. Whom do you think a game relates to gamification. would appeal to, as it relates to your business? • Develop one simple game you could launch, end and analyze. 5. What would you want to gain from a game if you launched one for your business? Genwhat? 1. What percentage of your • Rewrite your business plan to customers fall into what target certain customers, generation category? starting with age range and related demographics. 2. If you looked at what customers spend the most with • Create a marketing plan to your business, what generation reach a specific generation you would it be? typically don’t sell to. 3. Why do think the above • Assemble employees who generation spends more than seem to fit the Millennial others? profile. Ask them what they think, what they would do 4. What could you do to appeal to differently if they were you. other generations that have spending power? • Consider becoming more involved in a charitable cause 5. How could lead employees you’re passionate about. differently if you considered their generational differences? Small 1. How much time do you spend • If you don’t have a Screens with a smartphone or tablet? smartphone or tablet, go buy one. Or both. 2. How would you change your marketing approach if the only • Download and install the top place you advertised and five business brand interacted with customers was applications in the Apple App
  • 3. on a smartphone? Store or Google Play Store. 3. What entirely new product, • Start using your smartphone service or customer experience for all office functions – free could you develop for a tablet or yourself from the desk and the smartphone? PC. Avoid saying the word “can’t.” 4. Say you ran a TV ad – what would you want customers to do • Develop one new business on their smartphones while they idea that only uses a watched the ad? smartphone app. 5. What customer service functions could you channel toward tablets and smartphones? See related slides at the Barry R. McCann LinkedIn page. Prepared and copyrighted 2013 Barry R. McCann. Contact: brm@barryrmccann.com Twitter: @barryrmccann