I don’t really know why I purchased that shaving
alum; I was at a medical store, I just spotted it in the shelf top glass
display. I just asked for it on a whim, as in “dekhein toh sahi” types; and took it home.
Started using it, aside from my regular after shave lotion. After a period of
time, say a week or so, I began to notice that my after shave lotion doesn’t burn
as much; that my skin feels real soft as I run the alum over it, and feels nice
and relaxed. I shrugged the thought off – I mean, it was after all, just a piece
of alum and I was doing basically a relatively unimportant daily ritual. Not
worth doing any brainstorming, or so I thought.
Until that day the alum ran out – what lives must
die, the immutable law of nature. Well, I mean – it was just alum, wasn’t it?
No big deal. I still had that Lotion, nice perfumy in a decorative bottle, one
which cost one hell of a lot {that is what it seems like now}, and one that I
was used to. My skin, who happens to be a most independent and self-centered
chap, had most definite and other diametrically divergent ideas though. It
would have none of it, and revolted. It began to miss the calming soothing
caregiving touch of the Alum… and drove me to the medical store again, to buy… the
humble Shaving Alum!
Now that set me thinking – about customer demand,
what influences demand, the entire customer experience, the product benefits
& features, the entire marketable package – and about human behaviour as
well.
HUMAN
BEHAVIOUR
Let me first look at the human aspect – I was aware
that the Alum had many benefits; not just shaving benefits. Yet, I in my Upper
Middle Class educated punch drunk stupor, never thought of actually trying it
out. Why should this be so? The thought itself did not occur to me. And when it
did, I was consciously telling the Pharmacist let me try it out. Why this
needless clarification? My ego – and my perceptions, which dictated that Alum
was downmarket! I thought myself to be superior, in other words – and that
perception had a defined marketing benefit, recognized by most marketers as
such. Had I gone along with my perceptive biases – I would have missed on a
great experience every morning, and that is too high a price to pay for either
ego or choice or perception!
There is another deeper level here – many times,
very probably, we do not observe the real good qualities in people, objects and
the world around us, as our self-placed perceptive biases do not allow these to
permeate to our consciousness. This means that we allow our biases,
perceptions, images, thoughts to cloud our realization – leading to incorrect
assumptions as well as missing out on some great people, great experiences, and
great opportunities. Thus, it is vital
that we, each of us – self included, actively make an effort to recognize these
perceptive biases that cloud our vision!
These biases and blockages of perception not only
prevent us from a richer experience, but they could also be hampering our
performance, our relationships, our outreach, our values and beliefs; as Mukul
Deva says – my reality is as real as his or her reality {approximation}. We
need to see the other reality as well as the hidden aspects – some of which may
actually have deep resonance with yourself at an individual level as well – as the
Humble Shaving Alum taught me. For example – you may not agree with someone’s
views; , or you may have higher achievements… in that case, broaden your vision
– move ahead even if he or she doesn’t,
look beyond! See the larger perspective of the personality involved in
front of you – and spot synergies. Once you do that – hidden benefits will
certainly emerge!
MARKETING
AND BUSINESS LESSONS
Look at this entire business transaction from a Channel Perspective before we move into theory in the next article: A customer
of a premium product has discovered an alternative for a core function of the product – each product has core and
additional features. Scent, form, packaging, psychographic & behavioural
factors etc are also critical – note that I still use the original product,
which I find to be quite excellent by the way. Yet, I cannot but miss that in
my opinion, the Alum does a far better task of soothing my skin. This is a
direct attack on a core product feature. {Not only that, it is also a big learning- the power of observation, inquisition, and willingness to learn. But that is another story, for another dedicated article}
How did this happen, arise? I saw the cheaper
alternative in a channel display in a premium shop, one which is not a standard
solution for such cosmetics, namely a medical shop. You would ordinarily not
associate Alum and Lotion as competitors, and yet – at least one customer of
Lotion has gone in for Alum. Where is the guarantee that someone else might
not, and that scale wont build up? Now this may never happen – the point is that what we can learn from
this as managers.
First learning – the power of the channel, displays,
good old retail marketing, involvement of the retailer, POP marketing etc. This
is the basic and easily visible level. Let us go deeper from here onwards. This
anecdotal evidence hides something deeper within its womb – the second
learning, which is the dynamics of customer choice, the role of the first
semester marketing lesson of early adopters, innovative customers, {There is a small chance my write-up may cause someone else to
buy Alum!} as well as the vital importance of keeping in touch with the
market at the bottom levels.
At this second level, the bigger question arises
that how do we measure, judge, compare, study these interactions which take place daily at thousands of retail
outlets? Marketing says Marketing Research – which is basis, at the core, a
defined sample. That is one method – granted. You have another readily
available source- two of them. One –
your own sales teams. Find a method to reach out to these, and identify a
method whereby minute-by-minute market feedback can be captured in real time, not on your smartphone gadgets you give to
the FOS but through deeper methods at slightly higher levels, that is SO /
ASM / RSM levels, wherein you now have the requisite education, experience to
be able to summarise these trends into actionable formats. This will improve performance
in terms of range choice, channel decisions at RSM level as well! How – stay in
touch with my blog as I develop my thoughts further.
Second method – India has a management college in
every single district. These students by and large have zero practical experience,
and summer placements don’t help. Reach out to these colleges and formulate a
methodology whereby students get hands on projects to complete, either paid or
unpaid projects – real market research to implement; have it incorporated into
the marking system – and use this resource to identify market and consumer trends.
This wont cost much, and will be accepted
by colleges so long as the project is designed well enough; is devoid of
illegal / unethical perceptions, and is sufficiently broad in in core
objectives – giving a win-win scenario, allowing colleges to mount original
research into trends, creating a pool of talent as well as knowledge.
CONCLUSION
We need to recognize perceptive biases in both our
human societal sides as well as our professional sides. Personally, not recognizing
common ground in the middle of an argument can lead to losing a valuable
relationship – and is thus a win-win scenario. A perceptive bias does not mean
you are wrong; it only means that you recognize there are other views as well,
right or wrong, and that you cannot force your choice even if it is correct on the
other person. The other person may value Ego, or scent – higher than a
functional product core benefit; that is his reality!
Professionally, identifying, recognizing, and
sorting out perceptive biases is not something that we should be doing just for
self-improvement; it ought to be a vital and constant parameter of self
assessment, done in a positive light, so that we may be a better decision
maker. Being from Sales, I presented the Sales and Marketing side with a
channel example; the point of learning is that we ignore the strongest resource
we have in our organisations – our internal teams, which regard Market Data as
something to be collated with minimum intelligence and effort. We need to be
far more vigorous in ensuring we reach out to and connect with these people. And we need to, most vitally, be inquisitive in every professional endeavor, constantly open to new ideas! This is just one example – how many other
areas can we re-look at & introspect so as to eliminate perceptive bias and
find new superior ways?
NOTE:
I would
like to give credit to Mukul Deva,
whose book gave me the final idea that allowed this observation to fall into
place, and Debashish Biswas Sir, CEO
of SILC, a discussion with whom also gave me deep introspection…
Comments
Post a Comment