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These are the user uploaded subtitles that are being translated: 1 00:00:00,690 --> 00:00:06,310 Would you like to gather valuable feedback from potential customers without even needing to send out 2 00:00:06,330 --> 00:00:07,060 a survey. 3 00:00:07,200 --> 00:00:13,380 I'm going to show you three different ways to do this and this will really solve this market research 4 00:00:13,380 --> 00:00:14,120 problem for you. 5 00:00:14,110 --> 00:00:22,780 If you feel that you can't send out a survey it just isn't something that your audience would fill. 6 00:00:23,190 --> 00:00:28,250 So if you're thinking that this lecture is for you and you're going to have no more excuses. 7 00:00:28,380 --> 00:00:33,410 So the first way to get feedback is actually just go ahead and talk to somebody. 8 00:00:33,600 --> 00:00:34,390 Yes. 9 00:00:34,560 --> 00:00:41,810 As scary as it seems talking to people can just be the most effective way to get feedback. 10 00:00:41,850 --> 00:00:44,860 Now you can call people up or you can meet people in person. 11 00:00:45,030 --> 00:00:50,760 But the key thing I want to say is that the questions that you'll be asking them are the same questions 12 00:00:50,760 --> 00:00:52,270 that we have in our survey here. 13 00:00:52,270 --> 00:00:56,400 So this is a basically a script for you to do your market research. 14 00:00:56,730 --> 00:01:01,980 For example I was talking to somebody recently who said hey what's the biggest single problem you have 15 00:01:01,980 --> 00:01:02,840 with your business. 16 00:01:02,850 --> 00:01:09,400 And he said well I've got 18 employees and managing them is a really difficult thing to do. 17 00:01:09,710 --> 00:01:15,480 And he said I asked him Well what difference would it make if you had a good solution to managing your 18 00:01:15,480 --> 00:01:20,490 employees and he said what would be fantastic I could really focus on the higher level things in my 19 00:01:20,490 --> 00:01:28,950 business rather than managing them and being also almost a therapist to them which is the opposite reasons 20 00:01:28,950 --> 00:01:33,720 why are them in the first place to hire them to get rid of side source things. 21 00:01:33,720 --> 00:01:40,410 And then I asked them well how difficult has it been for you to really manage your staff more efficiently 22 00:01:40,410 --> 00:01:41,970 so that it's been very very difficult. 23 00:01:41,970 --> 00:01:44,190 Hired even a staff manager. 24 00:01:44,190 --> 00:01:48,330 But then they hire somebody who's poor and then I have to fire them. 25 00:01:48,330 --> 00:01:52,010 So I'm I'm not getting away from this problem. 26 00:01:52,090 --> 00:01:58,800 So that is a pretty serious problem and if I could develop a solution for him like maybe having a more 27 00:01:58,800 --> 00:02:05,130 defined hiring process characteristics people are looking for a culture within the company that's defined 28 00:02:05,640 --> 00:02:09,900 that would be extremely valuable to him so he could hand that to his hiring manager. 29 00:02:10,000 --> 00:02:12,250 And there's going to be something consistent. 30 00:02:12,270 --> 00:02:16,820 Similarly I could say What's your single biggest problem in your personal life. 31 00:02:16,950 --> 00:02:21,790 You could say well you know what I've got a five month old baby and she doesn't sleep at night. 32 00:02:22,230 --> 00:02:24,190 Well what difference would it make. 33 00:02:24,270 --> 00:02:30,540 Well if I could sleep I'd be less stressed at home wouldn't fight with my wife and have more energy 34 00:02:30,540 --> 00:02:33,610 for work and I could get better results. 35 00:02:33,720 --> 00:02:36,690 Well that's a pretty good outcome. 36 00:02:36,770 --> 00:02:39,360 And then how difficult that is being very very difficult. 37 00:02:39,360 --> 00:02:42,480 We've tried different books different online courses sleep training. 38 00:02:42,480 --> 00:02:44,120 It's difficult. 39 00:02:44,130 --> 00:02:48,300 So if I can to develop a solution that would solve the problem for him. 40 00:02:48,420 --> 00:02:53,660 There is some very clear urge and pain points some very positive outcomes. 41 00:02:53,880 --> 00:03:01,600 So if I can do that well I'm going to do pretty well and sell a lot of my course or product or whatever. 42 00:03:01,880 --> 00:03:03,900 So that's number one talking. 43 00:03:03,900 --> 00:03:05,810 Remember you have the script now. 44 00:03:05,820 --> 00:03:12,600 The second way that you can gather feedback without needing a survey is to come into a Facebook group 45 00:03:12,600 --> 00:03:18,750 that you joined that has your target audience what it has come down into the search bar here and you're 46 00:03:18,750 --> 00:03:26,970 going to search for some specific words that are really going to highlight some pain points of the people 47 00:03:27,240 --> 00:03:28,670 in this group. 48 00:03:28,740 --> 00:03:37,400 So for example a complaint is a word that you will see. 49 00:03:37,620 --> 00:03:41,280 I've seen complaints here about early requests for reviews. 50 00:03:41,280 --> 00:03:43,990 Now this is a group for you to be instructors. 51 00:03:44,010 --> 00:03:47,490 Basically it's not important for you to know what the problems are. 52 00:03:47,640 --> 00:03:49,090 But this is surface stuff. 53 00:03:49,140 --> 00:03:55,260 A lot of problems that these people have blurry video screens that's kind of you to these technical 54 00:03:55,260 --> 00:03:56,210 problems. 55 00:03:56,250 --> 00:04:01,390 The early reviews system that's these kind of system instructors aren't happy with it. 56 00:04:01,410 --> 00:04:09,060 So if I could design a way or at least inform these instructors of how to beat that early requests for 57 00:04:09,060 --> 00:04:13,980 review system or how to record your videos so that they appear the best. 58 00:04:14,190 --> 00:04:19,530 Well I'm going to solve a lot of people's problems and they're going to pay me or at least get their 59 00:04:19,530 --> 00:04:24,050 attention that I can monetize later on. 60 00:04:24,090 --> 00:04:26,000 So that is something you can do. 61 00:04:26,010 --> 00:04:33,420 Complaint Heyse is another word that people time typing here you know that can surface a lot of pain 62 00:04:33,420 --> 00:04:35,700 points as well. 63 00:04:35,700 --> 00:04:38,870 Bottle neck is another great one as well. 64 00:04:41,430 --> 00:04:43,520 That see what the surface is. 65 00:04:43,790 --> 00:04:47,830 But you know what's the bottleneck for people in their business. 66 00:04:48,380 --> 00:04:49,940 Various bottlenecks. 67 00:04:49,940 --> 00:04:52,490 What part of course creation do you hate the most. 68 00:04:52,490 --> 00:04:53,660 I hate video editing. 69 00:04:53,660 --> 00:04:56,960 So again we've got that hate word there. 70 00:04:56,980 --> 00:05:00,560 You've got 19 Commons people saying what all are pain problems. 71 00:05:00,560 --> 00:05:01,480 Points are. 72 00:05:01,850 --> 00:05:03,280 So that's another good work. 73 00:05:03,290 --> 00:05:06,890 You can put in stress is maybe another word as well. 74 00:05:07,400 --> 00:05:14,960 So you can find out what stress in people lives and that's going to surface a lot of pain points. 75 00:05:14,960 --> 00:05:17,570 Then you can find out you know what difference would it make. 76 00:05:17,660 --> 00:05:23,700 Well if I if I can do video editing faster I could make horses faster I could sell more. 77 00:05:23,780 --> 00:05:24,950 And how difficult is it. 78 00:05:24,950 --> 00:05:30,080 Well you're going to get a sense of that from reading the column So again keep these three questions 79 00:05:30,440 --> 00:05:32,270 in mind. 80 00:05:32,270 --> 00:05:38,960 Now the final way that you can gather feedback from potential customers without needing a survey is 81 00:05:38,960 --> 00:05:43,750 to really look at review sites on marketplaces. 82 00:05:43,760 --> 00:05:50,560 Now for example you did me is an online marketplace with a built in review system. 83 00:05:50,570 --> 00:05:57,800 So if you come to any course let's just say the design game design. 84 00:05:57,800 --> 00:06:05,830 Click on the first course here you can see the reviews here and if you filter down to the three star 85 00:06:05,820 --> 00:06:12,380 reviews this usually is good because five star reviews they're not really complaining about much one 86 00:06:12,380 --> 00:06:13,480 star reviews. 87 00:06:13,610 --> 00:06:15,390 Probably too negative. 88 00:06:15,740 --> 00:06:20,810 And really the three star reviews are kind of quite balanced reviews they say some good points and some 89 00:06:21,110 --> 00:06:24,820 bad points so let's just have a quick look at this. 90 00:06:24,830 --> 00:06:27,320 The sand could also be made more orderable. 91 00:06:27,320 --> 00:06:30,520 So that's something they're introduction. 92 00:06:30,950 --> 00:06:31,440 OK. 93 00:06:31,560 --> 00:06:33,160 Is really low. 94 00:06:33,530 --> 00:06:35,570 That seems to be a consistent problem. 95 00:06:35,810 --> 00:06:37,760 Poor sound quality. 96 00:06:38,490 --> 00:06:38,890 OK. 97 00:06:38,900 --> 00:06:46,850 Had a program to skip certain lessons so you can come down into the reviews and have a look at what 98 00:06:47,030 --> 00:06:54,890 people not like and then you can create a product that solves all those pain points and really gives 99 00:06:54,890 --> 00:06:57,150 people more what they want. 100 00:06:57,350 --> 00:07:00,180 Now where else do they have reviews. 101 00:07:00,410 --> 00:07:05,220 Well if you're a digital product you could come to me and you want to create a course if you have a 102 00:07:05,220 --> 00:07:11,600 physical product you can come to Amazon built in review system there any product in the world. 103 00:07:12,050 --> 00:07:17,690 If you had a restaurant or I was thinking of setting up a certain type of restaurant you can come in 104 00:07:19,040 --> 00:07:22,170 and search you know whatever it is spas in your area. 105 00:07:22,160 --> 00:07:27,020 What are people giving out about what do they not like what are the pain points you can do that for 106 00:07:27,050 --> 00:07:35,930 restaurants hotel Trip Adviser also has a built in review system that you can search for the type of 107 00:07:35,930 --> 00:07:44,270 business that you are in and to see what people are getting out of bed and not happy about. 108 00:07:45,080 --> 00:07:48,680 Other thing is for say small business. 109 00:07:48,680 --> 00:07:55,450 Google has a built in review system as well so you can check it you know what are people giving out 110 00:07:55,490 --> 00:08:00,620 abash in these these dental places you can come into their reviews. 111 00:08:00,830 --> 00:08:02,440 Again filter them down. 112 00:08:02,450 --> 00:08:09,500 Let's just look at the lowest rating and see what are the reasons that people have given this low review 113 00:08:10,040 --> 00:08:16,880 and them that'll give you some ideas of the pain points that people are struggling with. 114 00:08:17,240 --> 00:08:24,260 So to recap in this video what we have done is look at three different ways for you to collect customer 115 00:08:24,260 --> 00:08:27,010 feedback even without needing to send out a survey. 116 00:08:27,020 --> 00:08:31,000 And that was just talk to people and use these three questions as a script. 117 00:08:31,010 --> 00:08:37,560 Number two was to go ahead and go into the Facebook groups and search for those keywords like complain 118 00:08:37,560 --> 00:08:39,530 taste bottleneck. 119 00:08:39,530 --> 00:08:48,590 And the third way is to look at these review sites and marketplaces which just have an absolute huge 120 00:08:48,590 --> 00:08:49,870 amount of feedback. 121 00:08:50,070 --> 00:08:53,670 And 99 percent of new entrepreneurs ignored us. 122 00:08:53,930 --> 00:08:59,930 But you've got the information now so there's no excuse not to get a brilliant insight into the pain 123 00:08:59,930 --> 00:09:03,410 points and the desires of your potential customers. 12567

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