Got Products? – now create experiences!

Male hiker on mountainIt is becoming widely recognised that when people buy products or services they are really buying an experience. What people buy has attributes that are associated with functional consequences that have psychological (emotional) consequences that are ultimately tied to underlying personal values [Gutman, Reynolds and Olsen]. In short that’s an experience either anticipated or realised. Experiences may be intrinsic in either a product or a service but, more often, the best experiences will arise from a combination of both.

So, if you are a provider of either a pure product or service then there is an opportunity to improve the overall experience for your customers by adding the missing half of the equation. In this article I will be focusing on value-add services for products. If there is sufficient interest I might write an extension piece to consider productising services. In either case, the main goal is to take a holistic view of the customer journey and the touch-points along it. These all provide opportunities for learning and potential improvement.

“To understand the man, you must first walk a mile in his moccasin.” – Native American proverb

Read the full article here.