Archive for February, 2009

Spellr.us Is So Good That I Want To Pay For It

2 comments February 10th, 2009

I sent Kevin Garber an E-Mail yesterday afternoon “I love the product, I would like to pay for it.” I had spent about twenty hours in the last week cleaning up typo’s on www.skmurphy.com and www.bootstrappersbreakfast.com (first of all who knew that there were so many different ways to spell bootstrapper and entrepreneur, to name two of the more embarrassingly frequent offenders). A couple of reasons why spellr.us is an outstanding product and definitely worth paying for.

I have to say first off that they have not announced their pricing, and I am not privy to it, so I am assuming that they will offer some plans in the $10-$50/month range that are appropriate for a firm like ours.

  1. It’s clearly been in production use for a while. It performed very well and there were a number of features that were the result of serious use.
  2. It’s very good at detecting misspellings, it can show you what it suspects by highlighting it in the original page, or in the HTML view if that’s necessary (some misspellings can be triggered by splitting a word inserting an HTML tag in the middle, this can be caused, for example by bolding a word in two passes or not linking the entire word.)
  3. It allows you to build a custom dictionary that’s all your own. Because of the great number of personal names we mention on this blog, plus a fair amount of obscure but valid nomenclature, I ended up creating a 1200 word custom dictionary that can be re-used when I scan this blog.
  4. It’s fast, the scan takes 1-2 seconds per page. It’s designed to be useful immediately and to run on a schedule to detect new mistakes you have added.

If you have a website of any size, I would encourage you to give it a try. It’s proven so useful for me that I will be happy to pay for it just to be able to rely on it (and to prevent them from deleting my dictionary).

Update Feb-16: Pricing plans posted, free for 20 pages, $24 for 2,000 pages, $47 for 5,000 pages, $267 for 15,000 pages.

Other Customer Development Models

1 comment February 9th, 2009

In “The Challenges of Measuring Non-Existent Markets” Scott D. Anthony outlines four principal challenges in measuring non-existent markets:

  1. Data does not yet exist. When a market doesn’t exist, there are no baseline market research reports or time-series data sets to analyze.
  2. Lack of comparable products. Without existing data, there is a natural tendency to look for good analogies. However, for truly new markets, there typically are no good historical analogies to look for to estimate uptake rate and penetration. Basing estimates off flawed analogies can lead to dramatically incorrect conclusions.
  3. Existing consumers provide bad data. When a new product or service has disruptive characteristics – that is, it trades-off some dimensions of performance for new benefits around simplicity, convenience and low prices – trying to estimate the market size by talking to existing consumers in markets that appear to be similar to the new market is very dangerous. The existing consumers will naturally discount and denigrate the innovation because they compare it to products and services they are accustomed to consuming.
  4. New consumers provide unreliable data. Consumers are notoriously bad at visualizing the uses of products or services they are not yet using or do not exist. Because of this, the predictive value of consumer research into emerging markets is low. Furthermore, new markets often develop in surprising ways with surprising consumers, making it difficult to be sure that you are even gathering data from the right sources. Finally, consumers that are currently not consuming a product or service lack reliable reference points, making their reactions to prices somewhat unreliable.

I am aware of two other “customer development” models that are similar to Steve Blank’s “Four Steps to the Epiphany” that are designed to address early market exploration:

Note Venchar’s Feb-8-2005 “Value of Customer Development” that points to a 2003 version of Steve Blank’s slides. In particular slides 28 and 29 are key:

Slide 28 defines an Earlyvangelist customer

  • Has a Problem
  • Know they have a problem
  • Has Been Actively Looking for a Solution.
  • Has Put Together a Solution out of Piece Parts
  • Has, or Can Acquire, Budget

Slide 29 Customer Validation: Four Big Ideas

  1. The goal is to build a repeatable sales process. Orders are proof the process is working.
  2. Only earlyvangelists are crazy enough to buy unfinished product.
  3. No orders? Back to discovery process.
  4. Early customers help spec version 2.

I am looking for other books, methodologies, tools that address the early market exploration problem. In particular that address Clayton Christensen’s observation in the Innovator’s Dilemma that “markets that don’t exist cannot be analyzed” by offering techniques for exploring emerging markets. In particular any recipes for what Christensen calls a parallel process to development (and what Steve Blank calls customer development):

Only by creating a parallel process for developing and shaping disruptive ideas—one that acknowledges their distinctive features—can companies successfully launch disruption after disruption. Such a process relies more on pattern recognition than on data-driven market analysis. After all, markets that do not exist cannot be analyzed. Even when numbers are available, they are never clear.

from “Six Keys to Building New Markets by Unleashing Disruptive Innovative by Clayton Christensen et. al.

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