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