My 3-year-old daughter uses my iPhone to play music videos and YouTube videos and has not touched a PC (or better, a Mac) yet. With the same content available on either she’s obviously seen me operate my Mac and looks over my shoulder now and then, but finds all the keys and even the “Magic-mouse” complicated. Clearly a usage experience is more important to her than sheer processing power. Sounds familiar doesn’t it? Nintendo anyone?
What I see in so many early business plans today is the old-fashioned notion of deep technology expertise, something most traditional investors still harp on. I see too many BMW engines being developed without attention being paid to the development of The Ultimate Driving Experience®. True, you can’t build the driving experience without great engines, but BMW, like no other vendor understands that the total experience is the selling point. In the end, technology will become commoditized and its differentiation will be determined by the way it interacts with content, media, social network, end-users to create a well designed user experience.
Apple is another company that understands that focus on user experience very well. Its products are a piece of art, its function (to a novice) is at least competitive. Buying a Mac is an experience, and so is using it. A much better experience than buying a PC in every way. The box your Mac comes is even a work of art, the way it folds open, the new materials, everything builds to the experience. As a customer you feel special, owning an iPod with your name engraved on it and all your music in it. And that is what Apple customers are buying into: feeling special and appreciated. Attention paid to you!
Now every market segment has its own definition of user experience, so don’t go do what Apple does before you understand how you can differentiate. But every software, service or content vendor should consider building a unique customer experience that in the end – sells more. It’s a CEO level responsibility because it involves making sizable investments in complementary areas, not just a marketing ploy. The days of just selling speeds and feeds of a product are over.
- Price loses its value when money loses its trust. — Georges van Hoegaerden - February 20, 2015
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- Economics: A system designed to maximize personal freedom protected by the paradoxical rules of collective freedom. — Georges van Hoegaerden - February 2, 2015
- Capitalism without the deployment of operating principles that secure a meritocracy is an oligarchic system in violation of the most rudimentary definition of freedom we owe ourselves. — Georges van Hoegaerden - February 1, 2015
- Equality is a fantasy of unrealistic proportion. — Georges van Hoegaerden - January 21, 2015
- If no man is created equal, why then do we debate equal pay? — Georges van Hoegaerden - January 21, 2015
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- Homogenization of people is a bad idea, we ought to focus on the value of our differences, not on the rut of our commonalities. — Georges van Hoegaerden - January 14, 2015
- Only realism can breed justifiable optimism. — Georges van Hoegaerden - January 14, 2015
- The fix to improving asset management’s effectiveness lies in its reinvention, not in the optimization of its bloated past. — Georges van Hoegaerden - January 13, 2015