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HOW GOOD DO YOU HAVE
TO BE?
What Prospects Look For When Choosing Your Product, Service, or
Idea.
by Dr. Kevin Nunley
How good does your product or service
have to before prospects start to notice? You probably can point
to several ways that your business is better than your
competitors.
But is that difference in quality big
enough for the general public to notice?
Marie spent a lot of time learning how
to design her own web site. The project had its frustrating
moments, but in the end Marie had a fine looking site that
promoted her business. Her friend George had more money to spend
and paid a web designer $4,000 to design a web site for him.
Marie could see some big differences in
their sites. Just having spent a month getting aquatinted with
web design, she immediately noticed George's custom graphics,
forms, and nifty columns--features that she could not figure out
how to create.
Imagine Marie's amazement (and secret
delight!) when a customer noted her site looked just as good as
George's.
"Wow!," Marie thought. "Customers
don't notice the difference between my 'pretty good' site and
George's spare no expense' site. I just saved $4,000!"
Psychologists spend many research hours
studying this sort of thing for major corporations. They call it
"Just Noticeable Difference." When researching a new product or
service, they ask, "How much better than the competition do we
have to be before people start to notice?"
The answer, of course, is that
sometimes you have to be MUCH better than the other guy before
the average customer (who may not be an expert) starts to notice
the difference. One example of this are the radio stations in
your town. Chances are they're all holding contests of one kind
or another right now. To the people who work at those stations,
their contests are all very different, some better or more
exciting than contests on other radio stations.
I'll bet that you, as an average
listener, don't really notice the difference. All contests start
to sound the same. Studies have shown that the people who win
those contests can't even remember which station they won from a
year down the road. There isn't enough noticeable difference.
On the other hand, Just Noticeable
Difference can work the other way. It costs Marsha $10 to
produce a chair. I've just discovered that I can make a chair
not quite as good as Marsha's for $5. As an expert on chair
manufacturing, I know that my chair isn't as good as Marsha's,
but my customers don't really notice the difference.
Guess who comes out ahead on
profits?
Now this whole concept is very
upsetting to some people. Even though American business is
smartly based on not putting any more quality into the product
than the customer demands, a lot of people will claim that your
customers somehow intuitively know the difference.
Not so! When developing a new product
or service, or revamping an old one, run your own marketing
test. Have a few unbiased, but honest people compare your
product with one that is better. Then have them compare yours
with one that is worse. At what point does the customer notice
the difference?
Keep these three points in mind when
thinking about Just Noticeable Difference:
1. If prospects don't notice your
improvements, then your improvements aren't big or obvious
enough. This is the case even if they seem plenty big to
experts in your field (like you and your associates).
2. Look for the ways that your product
or service is much better than your competitor's. Make your
marketing accentuate those better features.
3.Also look for ways that you can save
by cutting back on expenses that buyers don't notice or care
about.
Keep an eye out for areas you spend
lots of time and money on, but those areas don't attract
comments from buyers.
Kevin Nunley provides marketing advice
and copy writing for businesses and organizations. Read all his
money-saving marketing tips at
http://DrNunley.com/. Reach
him at
kevin@drnunley.com
or (801)253-4536. |