When marketers ask “What’s in it for them?” it’s often misleading them. Here’s why …
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Transcript
“What's in it for them?” is in my top three of most misleading speaking advice.
Speaker:It sounds perfectly reasonable.
Speaker:Of course, our audience wants to know what's in it for them.
Speaker:What could possibly be wrong about that stance?
Speaker:I tell you what's wrong.
Speaker:It encourages an attitude that I call lazy empathy.
Speaker:The question “what's in it for them?” is easily satisfied by
Speaker:some bullet points on a slide.
Speaker:Too often, I have seen the arguments stop at.
Speaker:“It has more features than before” or “it works in a million different conditions”
Speaker:or “it's for 10 different scenarios” when in fact the customer only needs
Speaker:that specific feature under that specific condition in that specific scenario.
Speaker:The worst probably is “what's in it for them?” often stops at: “Well, I told
Speaker:you, didn't I?” “What's in it for them?” too often barely scratches the surface.
Speaker:I believe that's because it's the wrong perspective.
Speaker:It starts with us.
Speaker:It assumes that we built something primarily to make us a profit.
Speaker:And now we need to go hunting for a reason that makes people want to buy the thing.
Speaker:It assumes that we need to extract something.
Speaker:Often it even leads to making up some reason of what's in it for them.
Speaker:Here's a crucial difference: when you start with them,
Speaker:there's no need to specifically address what's in it for them.
Speaker:Because the whole thing is.
Speaker:It is for them, you built it for them.
Speaker:You started from the question.
Speaker:So you don't need to make anything up.
Speaker:It's built in.
Speaker:And that's why this kind of product with this kind of story resonates
Speaker:so much better than the default way of coming up with reasons to care.