Seriously, no-one owns the customer. I personally think it’s very disrespectful of the customer. At the end of the day the customer calls the shots via their wallet. Where this isn’t the case there is usually something else at play and it’s often more sinister, something I call intellectual deception. These behaviors are often legal and facilitated by the system and regulations for that industry. In law you see this all to often.

This TED talk by Philip Howard below actually hits on some of these issues (you need to read between the lines). I think Philip may be editing himself. It takes a brave person to do this talk and face off against his peers and industry. It’s not just in the area of Law that you see this. It’s observable in banking, accounting and financial planning.

In business we should have some control over the customer relationship but it must be earned and lay in a bed of respect. If you kill their problems, find ways to save them time and help them get what they want, then you are deserving of their trust. Then your grip will be firm. Quite often customers have faced intellectual deception and they end up “lawyer haters”. So they become careful with their trust. Then as a business you are only as good as your product, advice and possibly the most recent dealing you had with them.

Interestingly, I’ve been reading the writer Brad Howarth’s LagrangePoint blog for years. He is one of the few Journo’s who has blogged from the beginning because he liked and believed in it and not because blogging was a threat to the media industry.

Why no Golden Egg picture?

While we appreciate the analogy of the “golden egg” used in the articles picture we decided to present our organic growth version. The eggs on the left are homegrown “naturally” and “organically”. In business it’s often referred to as bootstrapping or organic growth. The article makes this point about Saasu. The eggs on the right are barn/cage grown for speed to market.

Saasu’s strategy was to get an early start and grow organically with low risk. Traditionally technology companies raise lots of capital, go fast and run big monthly cash burns. Saasu’s investors were uncomfortable with this model due to the risk it places on the customers if we didn’t get it right, quickly. So we opted for the lower risk, lower cost model that leads to profitable, sustainable business.

On the way to work I spotted a Google Maps Real Estate promo done with LJHooker. Essentially it highlights the ability to search and view houses for sale or rent using Google Maps. You can explore the area where you are looking to buy or rent with Google Street View. Even check out the neighbours houses next door to your prospective property before you even get in the car to have a look in person.

This is interesting for many reasons. It is a classic leap in customer experience we see often thanks to the web. Mashing up a relatively new tool, Google Maps with a time consuming problem of house hunting. Further monetizes Google’s investment in the Maps technology, which was developed in their Sydney, Australia office. The same team now building Google Wave.

What I also like about Google’s approach is the physical marketing device (pictured). It’s different to all the other marketing devices used in the building. The "placemark" symbol has become synonymous with Google. It was also a tangible and sculptural presence. Typically the advertising device of choice at this site is plasma screens, perspex covered billboards or freebies handed out to passers by. I noticed a lot of people stopped to check it out. I think it has a quality that can be very valuable in marketing. It’s "curious". Curious is good, curious is usually a consequence of innovative thinking.

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I’ve long thought that if I were Google, Amazon or any company that has very powerful brand or product base you should have retail presence. Stores build brand, create a feeling of solidity for E-tailers and most importantly are an effective alternative to traditional media marketing spend.

This all comes back to customers buying and experience rather than just a product. Apple proved the theory and many will now follow the strategy.

Twitter Founder, Jack Dorsey, has his new payments system called Square which is now out in the public domain. It looks great but begs the question when will we be able to drop the credit cards all together for payments? We have devices and they can be set to pin access only. We have apps on those devices which also can be secured so in essence the Credit Card is superfluous in the next decade in my opinion. I think what he has done is brilliant. The no credit card approach will win in the end, and hopefully it’s a good guy like Jack.

Asia shouldn’t be underestimated, it is growing so quickly that it will rival the power balance the West holds in this very generation. In this revealing video from TED India Hans Rosling depicts Asia’s Rise.

There is clearly a rise of infographics going on in the web. Just like meta data gives us information about data (data about data), infographics enhance what would otherwise be very vanilla looking graphs. Infographics appeal to humans because we are visual creatures.

In his video’s on GapMinder or TED you can see other examples of how Hans adds a new dimension of time to create dynamic infographics. The result is that he can get the data across in ways that static words and numbers can’t.

I like attending these events. You can get insights (and insight reminders) at most events by sitting, waiting and snipping them from the conversation as they appear. Most content at these events isn’t dramatically new but there is usually outlier comments. It’s the context that they are made in and how it my apply to your own business model that is interesting.

It’s extremely important to watch other industry’s. When you cross pollinate ideas into your own industry or business model you can create new products and even new markets where they didn’t exist before.

Getting to critical mass. What is your critical mass? Chunk it down to micro market and get intensity.
Alison Deans from Netus

If it takes you 4 minutes to sell something you have a costly customer acquisition strategy.
Sue Klose from News Digital Media

We measure the life of an iPhone App in hours, not even days.
Sue Klose from News Digital Media

The lifespan of tagging is as long as humans can do it better than code.
Alan Noble from Google

Auto-magical (Alan describing a system that does something well automatically).
Alan Noble from Google

Don’t give concrete forecast numbers. Better to talk about the tech you have.
Mike Cannon-Brookes from Atlassian

They need to be careful and respectful of the users desktop space (In reference to desktop apps).
Phil Morle from Pollenizer

Patents stop you shaping your IP. People usually patent IP to early.
Mark Bonnar Cleantech Ventures

Patents should be used to ring fence a commercial space.
Roger Price from Innovation Capital

Young people will open up more online.
Didier from Cultureamp.

Building culture means give better feedback daily to your staff.
Didier from Cultureamp.

You can scale culture with software in your company.
Didier from Cultureamp.

Every piece of communication you send to your customer demands their time. There is an equation that roughly says the more you demand then the less attention the customer will probably give your demands. If you annoy them too much, they stop listening and reading. So logically you can attribute a cost to each piece of communication. This attention economy is all about treating this attention like a commodity. Every single email, letter or phone call is an exchange of value. If you are selling something and not giving anything then you are spending a large piece of the attention dollar the customer affords you. If you give education then it is lower. If you solve a problem or save their time then you will probably be adding to the attention piggy bank you have with that customer. They will want more.

So you can design this relationship so both you get more attention and the customer gets more value. If you can monitor customer behavior and reaction so as to understand how they would like to relate to your business rather than how much, then you can grow the attention piggy bank. The customer will give you more time because you have created a bespoke or targeted approach to their communication needs, to solving their problems or giving them the actual information they want rather than fire the 12 gauge information shot gun at them. The catch is that this costs time or else money to automate it.

There are many approaches to move to a communications profile model and some very interesting business models are springing up to help businesses achieve this. Companies like Datarati are dealing with medium enterprise in this area using bleeding edge technologies like Marketo. It’s a data driven approach that at the end of the day will have a robustness above the implied or gut feel approach that most business owners currently rely on. Other simple things that can be done by small business are forms that asks customers what they want from your business when they become a customer. Many inexpensive email systems now have features built in to give you insight into customer behaviour so you can provide them with just what they want and when they want it without even asking them.

This is all about the customer deciding rather than the business. Put the customer first, then the business and sales will follow. Listen and watch their behaviour or ask them what they want rather then serve up an overload of communications and information.

All business will be done this way in the future so it really is just about how fast you get there.

Photo by See-ming Lee

Themes are about Saasu’s Community

Saasu has a long history of developing a mix of community ideas into our products. At the same time we like to apply some of our own ideas as an innovator where we see the opportunity. After all, we are a research and development company.

Introducing CrowdTheme™

Soon you will see stage one of Saasu’s CrowdTheme™.

CrowdTheme™ will support themes for your invoices and statements. You simply apply a theme to each template you have in Saasu (or create and submit your own). What’s more exciting is that this allows you to build a raft of workflow documents such as remittances, packing slips, purchase orders and print labels to name a few. Really it’s only limited to your imagination.

CrowdTheme™ will also be used to cover themes for Reports and Customer Self Service screens in a future release.

We will write about CrowdTheme™ in detail at our Product Blog in coming days.

Innovation background

At the moment Saasu crowd sources ideas from our blog, websites and application into our development candidate list. One such popular request was multiple templates for invoices. Many of our customers wanted to send invoices and quotes using more than one brand for their business. Slight changes between invoices and quotes for specific circumstances are another reason.

In essence the request we receive are what our customers want to do rather than how they want to do it. So this is where Saasu comes in with the innovation twist. We work out ways to solve the problem but at the same time create innovative approach that we think will add a whole new layer of benefit. We have to do this as it’s in our company mantra to create extremes in price relative to competitors while also creating extreme benefits.

Not wanting to let an opportunity go we decided it was time to use a themes approach we have wanted to put into Saasu that goes back to when we started blogging in 2003.

It was also a result of identifying that there is a vast complexity of international reporting and documentation requirements in accounting. We always felt that in the end only crowd sourcing themes and templates solves this issue. New document themes can be quickly added by the whole community and shared in a social service model and then applied to individual Saasu templates. This reduces the development cost and thus the cost of our communities Saasu subscription. More features for less cost = win win for all.

What’s this mean for the future of accounting?

We believe that Web3.0 is now starting to form it’s foundations. Companies like Saasu will increasingly allow users to design web applications by their use or by their own design (or a combination of these approaches). Themes are one mechanism that allow this. They will start to extend beyond Content Management Systems.

We also believe the web is becoming more and more organic as it gets a life of it’s own above it’s many tiny masters, the people who use it and the people who build on it.