The trust you've built with current customers allows them to share raw industry insights and market intelligence that prospects won't. This feedback loop is invaluable for product development, competitive strategy, and identifying new opportunities.
Related Insights
Use one-on-one breakout meetings to gather intel you can't get in a group setting. Ask directly about competitors, pricing, and evaluation status. The private, trusted environment makes stakeholders more likely to share candid details, effectively turning them into your internal informant on the deal.
Instead of treating consulting and product as separate, CNX uses feedback from services projects to inform new features. A requested customization is often built directly into the core Valence product, benefiting all customers and creating a tight feedback loop.
Don't just collect feedback from all users equally. Identify and listen closely to the few "visionary users" who intuitively grasp what's next. Their detailed feedback can serve as a powerful validation and even a blueprint for your long-term product strategy.
Customers are guarded with salespeople for fear of being sold. However, they are candid with customer service, freely sharing complaints and unmet needs. This makes the CS department an invaluable, and often untapped, source of sales intelligence and expansion opportunities.
A GSB receptionist's casual chats with alumni revealed the program's long-term "fine wine" value—a strategic insight that formal surveys often miss. This shows how empowering frontline employees to listen can uncover profound user truths.
You've achieved product-market fit when the market pulls you forward, characterized by growth driven entirely by organic referrals. If your customers are so passionate that they do the selling for you, you've moved beyond just a good idea.
Never get complacent with your best accounts. Your competitors are actively targeting them. Proactive engagement and value delivery are not just for growth but are a critical defense against poaching by rivals who see your success as their opportunity.
Sales professionals should think beyond individual relationships and intentionally cultivate a collective culture among their customers. This involves creating shared experiences and fostering connections between clients, turning a portfolio of disparate accounts into a unified community.
Instead of just celebrating a win, use that moment to learn. Ask the new customer two key questions: "Where were we better than we thought?" and "Where are we not as good as we think?" The champion is now invested in your success and will provide candid feedback to ensure their decision pays off.
