The Power of Focusing on Intangibles

The Power of Focusing on Intangibles

Update: 2024-10-24
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Takeaways

  • Don't over-focus on what you can make instead of why anyone would want it.
  • People want to solve a problem, not just buy a product.
  • Simplifying offerings can lead to greater impact and customer satisfaction.
  • Intangible benefits should be made tangible to resonate with customers.
  • Creating value is about the experience and emotional connection with the product.
  • Customers are looking for confidence and peace of mind in their purchases.
  • It's essential to filter out the noise and focus on what truly matters to customers.
  • Overcomplicating offerings can dilute their perceived value.
  • Understanding customer needs is crucial for effective marketing and product development.
  • The best products solve real problems for customers.

📖 Buy "Build" by Tony Fadell -

https://www.amazon.com/Build-Unorthodox-Guide-Making-Things/dp/0063046067/ref=sr_1_1?crid=2GEU170W71WGG&dib=eyJ2IjoiMSJ9.Rs-FvZmSQsSu1X8DcQQ1ncFIlz7afDm_wNmFKKG-4ntqHeB4ALGPThHxvmZY3loQYTOMgcvu5gTY6KxgFgITlSUitY_qievRXBbHkg2a-x_eblYpwRKNe264L3x3OHRrq3cm88AvYnl5QHF-xtkoIY7dcRrRnQ7A7uNhnIYwRG7jnukmQuLKKehaxDhja0-6cUXLVEVgVPE1lf1ZMFkVTrQr6EJS6U-KKxVwxDEexPw.UsuRPNIJgNmexH3e_xuAfp_GZKxkxlKHikXxLFTX1P8&dib_tag=se&keywords=build+tony+fadell+book&qid=1722454453&sprefix=build+tony%2Caps%2C75&sr=8-1

Sponsors

🌱 S.E.E.D. Planning Group - https://www.seedpg.com/

🎙️ Ditch The Suits Podcast - https://www.ditchthesuits.com/

💻 NQR Media - https://www.nqrmedia.com/

🎙️ Cut Throat College Planning Podcast - https://www.nqrmedia.com/ctcp/cut-throat-college-planning

🎓 College Prep Bootcamp - https://www.sohteam.org/college-prep-bootcamp

🎙️ One Big Thing Podcast - https://www.nqrmedia.com/one-big-thing

Chapter Markers:

00:00 - Introduction and Book Discussion

01:45 - Focusing on Why Instead of What

02:48 - Making the Intangible Tangible

03:40 - Simplifying Offerings and Providing Value

06:50 - Creating Memorable Experiences and Using Imagination

09:21 - Understanding and Solving Customers' Problems

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The Power of Focusing on Intangibles

The Power of Focusing on Intangibles

Travis Maus