Updated scripts, new notes & changes for companies
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SKO.md
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SKO.md
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# SKO Homework
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## Shark Tank Pitch
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Shark Tank Pitches
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## Why Customer Education?
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### Instructions
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@ -15,35 +17,54 @@ Develop a 3-5 minute “Shark Tank Style” elevator pitch for Northpass. Your p
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### Response
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Sharks, I am seeking from you a $300,000 investment and a 2% in our next generation customer education SaaS company.
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Sharks, I am offering you a once-in-an-episode opportunity to invest in a customer strategy that will become the
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cornerstone of your entire brand experience ecosystem.
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You're probably rolling your eyes right now, knowing there's no money in education. If people want information, they
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will just google it, right? Sure, they could, but then you'd be relying on Marketing to do the heavy lifting of
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SEO - basically, a glorified word search game for kids.
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If you're anything like me, the word education doesn't bring up visions of the joy of learning or getting a good score
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on a test. Instead, the word education often bubbles up academic baggage; the fear of failing, nervously scribbling
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answers, or wondering if you circled the scan-tron answers well enough for it to be counted.
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You may also be thinking back to days in college classrooms with horrible scan-trons and final exams. All these types of
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educational environments are conducive to only one thing: secrecy and negative competition. Unless you're the NSO and
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selling Pegasus 2.01, why would you want your clients to be secretive and combative with their learning?
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This is the education of the past. The education of the future is forward-thinking, engaging, and most importantly -
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revenue generating.
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Northpass is so much more than learning. It is an invaluable tool to deepen brand loyalty, increase market share, and
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strengthen the bonds between your internal and external stakeholders.
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Here's the thing: you're already doing customer education! When your company sends an email about a product release, or
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when a new feature gets added and your CSMs tell your customers about it; that's customer education. When you host a
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webinar or your power-user tells a friend or co-worker about your product; that's customer education. Every blog post,
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marketing campaign, response to support tickets.. I could go on. These are all forms of education. You're already doing
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it without knowing or - most important - without giving it a centralizing or north start to guide the practice.
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Take a look at your own companies, Sharks. Where does "learning" fall in your tech stack? If you run your companies
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anything like my clients, where over 60% have admitted to having lukewarm executive buy-in, you have placed an integral
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part of your customer experience at the bottom of the stack. But you know what? That's okay if Customer Education is
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sitting at the bottom of the stack. That's because it is my firm believe that customer education is the cornerstone of
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any well-adjusted growing tech company.
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As business owners, what if your leadership team was decentralized and unguided? How well would your product team
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develop your product without a clear roadmap or refined set of goals? These are the basics, ladies and gentlemen. You
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can't run a company without a north star. Why do we continue to leave our customer experience departments in the same
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pitfalls? You are losing money, burning relationships, and ultimately, doing a disservice to your culture and brand
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recognition.
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As tech-entrepreneurs we have put all the value on educating ourselves on how to run companies and grow teams, but
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except our clients to just understand our app and technology.
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Customer education is not just a simple business practice, it's a transformative force that has the power to change the
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world. By empowering customers with knowledge, they become equipped to tackle their challenges, achieve their goals, and
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make a positive impact at all levels of the organization.
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From the most technical of companies, like Recast Software, educating their clients on Microsoft Endpoint Solutions and
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Server Management, or Skuid, a code-less solution for data connecting workflows, to Big Ideas Learning, a Saas solution
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for the-always-busy public school teacher, customer education is the current that flows underneath all your other
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systems.
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Think about it - when you committed to taking a course or learning something new, how gratifying did it feel to complete
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what you set out to do? Your product helps the customer feel committed; now bring the education to give your customers
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some goals. When your customer understands how to use a product or service to its fullest potential, not only can they
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maximize its benefits; they *will*. They *will* become more efficient, more productive, more effective and more
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influential with the people around them. With a commitment to customer education, your customers will improve their
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own well being and the well being of those around them.
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The value is simple. Give your customers right-on-time experiences with your brand and product in an asynchronous
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format so that when
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But it's not just about the individual customer. When a company invests in customer education, they show their
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commitment across the board. They show commitment and passion for their product. Commitment to their internal teams and
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SMEs who have so much knowledge that often never escapes their heads. Most importantly, when a company is committed to
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customer education they demonstrate their dedication to their customers' success and their belief in the power of
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*knowledge* to drive positive change. They lead by example, inspiring others to follow suit and create a ripple effect
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of positivity, progress, and passion.
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Let's, with gusto and intention, centralize customer education. Folks, I am asking for more than just an investment
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today. I am asking for a shift in thinking. I know that with this change, this is where you can really make an impact
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that moves beyond this room.
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So what do you say, Sharks? Are you ready to move your customer's education beyond the confines of emails and webinars?
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Let's embrace customer education as a transformative force for good. Let's empower customers with the knowledge they
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need to achieve their dreams and make a positive impact in the world. With Customer Education, we can change the
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world... one customer at a time!
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## Why Now?
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@ -59,32 +80,110 @@ Your pitch should:
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### Response
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Sharks, you've learned a lot about Customer Education and the learning
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management system ecosystem today. There are a ton of competitors in the market
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Sharks, you've learned a lot about Customer Education and the learning management system ecosystem today. There are a
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ton of competitors in the market with many different niches and specialties. This makes the decision difficult when
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trying to best understand what your customers need. Well, I'm here to help you invest in the right company: Northpass.
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When you think about Northpass, what comes to mind? A mountain pass... snowy, rocky crags... isolation in a forbidden
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wilderness? You wouldn't be wrong about that because despite the amount of competition, that is the state of the
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customer education industry. You are given a backpack with some useless tools and when you ask for direction, your new
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"partners" point vaguely in a direction where all you see are those jagged peaks and lost trails.
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That's not what you need when embarking on a new journey that, frankly, is too risky for most of the world. That's why
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we have so many half-baked solutions giving you tools that are really just one-trick-ponies. What we offer to our
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customers is not that of an outfitter. We are a full-fledged, premium guide service that customizes every way point in
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your journey to a level of sophistication and satisfaction that would leave most Everest guides gawking in awe. With our
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customers as the pioneers into this untamed wilderness, Northpass offers the expertise, professional service, and
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multi-use tool set to enable our customers a successful and memorable journey.
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It's a fact: after customers see the level of detail and personalization that we put into their experience, they stick
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with us for their future journeys into new mountain ranges.
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If that wasn't enough, here's Northpass in a nutshell: Northpass is an invaluable tool to deepen brand loyalty, increase
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market share, and strengthen the bonds between your internal and external stakeholders.
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From the most technical of companies, like Recast Software, educating their clients on Microsoft Endpoint Solutions and
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Server Management, or Skuid, a code-less solution for data connecting workflows, to Big Ideas Learning, a Saas solution
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for the-always-busy public school teacher, customer education is the current that flows underneath all your other
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systems.
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The value is simple. Give your customers right-on-time experiences with your brand and product in an asynchronous
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format so that when they are seeking an answer, they not only know where to find it, but feel accomplished, proud, and
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emboldened to share their new found knowledge.
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We know the road will have lots of twists and turns, and the weather might turn bad, but with Northpass as your guide
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through these mountain passes, I know that you will have all the tools, expertise, and confidence to get you to the
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green pastures of an impactful Customer Education program.
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## AI & LI
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### Instructions
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Use OpenAI’s ChatGPT, develop 20 topics for a customer education Linkedin post.
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Then, pick a topic and use ChatGPT to craft your first social-selling Linkedin
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post. Make sure that you use the OpenAI output as a basis, but then they truly
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make it your own with your words and personality. It needs to be something that,
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when you read it out loud, you would feel very natural with and happy about.
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Use OpenAI’s ChatGPT, develop 20 topics for a customer education Linkedin post. Then, pick a topic and use ChatGPT to
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craft your first social-selling Linkedin post. Make sure that you use the OpenAI output as a basis, but then they truly
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make it your own with your words and personality. It needs to be something that, when you read it out loud, you would
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feel very natural with and happy about.
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### Response
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"Did you know that investing in #CustomerEducation can have a major impact on the success and profitability of a tech
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company? Here are 20 reasons why:
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1. Enhances understanding of products or services - Imagine finally understanding how to use that app you've been
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struggling with!
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2. Increases customer satisfaction and loyalty - Happy customers are more likely to stick around and recommend you to
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others.
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3. Reduces support inquiries - When customers have the knowledge they need, they're less likely to need to reach out for
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help.
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4. Increases upselling and cross-selling opportunities - Educated customers are more likely to see the value in related
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5. products or services. Improves customer retention - Investing in education shows customers that you care about their
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success and satisfaction.
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6. Builds brand awareness and trust - When customers feel confident in your offerings, they'll remember your brand and
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choose you again in the future.
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7. Supports customer success - Helping customers reach their goals with your products or services leads to repeat
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business.
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8. Reduces churn - Happy, successful customers are less likely to cancel or switch to a competitor.
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9. Helps customers achieve desired outcomes - Empowering customers with education helps them get the most out of your
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offerings.
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10. Enhances customer advocacy and referrals - When customers love your products and feel confident using them, they'll
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tell others about you.
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11. Enables customers to become self-sufficient - Education empowers customers to troubleshoot and find answers on their
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own.
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12. Improves customer retention and reduces churn - When customers feel confident and successful, they're less likely to
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leave.
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13. Increases customer lifetime value - Investing in customer education can lead to longer, more successful
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relationships with customers.
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14. Facilitates customer engagement and feedback - Education provides opportunities for customers to engage with your
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company and share their thoughts.
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15. Supports customer journey mapping and improvements - Understanding customer needs and goals through education can
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inform your product development and customer experience strategies.
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16. Promotes customer-led innovation and product development - When customers feel empowered and knowledgeable, they may
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suggest new ideas or improvements.
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17. Improves customer decision making and purchasing processes - Educated customers are more likely to make informed
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decisions and be satisfied with their purchases.
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18. Supports customer onboarding and training - A well-designed education program can make the transition to your
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product or service smoother for new customers.
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19. Enhances customer satisfaction and NPS scores - Investing in customer education leads to happier, more satisfied
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customers who are more likely to recommend you.
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20. Helps customers maximize the value they receive from your offerings - Education empowers customers to get the most
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out of your
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## Customer Success Stories
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### Instructions
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Detail a success story from one of your customers, preferably in SaaS. Consider the following framework:
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Detail a success story from one of your customers, preferably in SaaS. Consider the following framework:
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* Background of the company.
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* Challenges before Northpass.
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* Solution Northpass provided them.
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* Results Northpass has helped them achieve.
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* Background of the company.
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* Challenges before Northpass.
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* Solution Northpass provided them.
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* Results Northpass has helped them achieve.
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### Response
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Larson Texts/Big Ideas
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25% decrease in CSM training calls.
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## Take away
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### Instructions & Response
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