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Innovating Product Offerings Using Business Data

Innovating Product Offerings Using Business Data

Update: 2024-09-10
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Description

In this episode of the Insightly podcast, we get into the innovative ways businesses can leverage their data to enhance product offerings. Join us as we explore five strategic approaches: selling products better, identifying new product offerings, bundling products for maximum value, mapping products to customer types, and enhancing customer lifetime value. We discuss real-world examples, including Amazon’s evolution and a client’s revenue management dashboard, to highlight how data-driven decisions can transform your products and services. If you’re looking for actionable insights on using your existing data to drive innovation and growth, this episode is for you!


00:00 Welcome to the Insightly Podcast

00:53 Introduction to Product Offering Innovation

01:33 Five Ways to Drive Innovation with Business Data

04:53 Selling Products Better

12:30 Identifying New Product Offerings

19:33 Bundling Products for Maximum Value

24:34 Mapping Product to Customer Type

26:00 Enhancing Customer Lifetime Value

32:25 Conclusion and Contact Information


Reach out to us by sending an e-mail to hello@insightlypodcast.com


Insightly is brought to you by InfoFluency and Bondfire Strategy.


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Innovating Product Offerings Using Business Data

Innovating Product Offerings Using Business Data

Alyssa McGinn & Jordan Walker