From the course: Service Innovation

Unlock the full course today

Join today to access over 22,600 courses taught by industry experts or purchase this course individually.

Understand the roles of users, buyers, and payers

Understand the roles of users, buyers, and payers

From the course: Service Innovation

Start my 1-month free trial

Understand the roles of users, buyers, and payers

- It's important we try to understand our customers when we are communicating with them, when we are pricing our service, and specifically when we are innovating our products and services. In this video, we will learn about the concept called user, buyer, payer. This is the understanding of the customer's role as a user of our service, as a buyer of our service, and as a payer of our service. Every customer has a job to be done. And what needs to be done is different for the user, the buyer, and the payer. Let me give you a short example. When I am attending a marketing conference in Atlanta, Georgia, I am the user of my hotel room. The buyer of the room is the American Marketing Association since it's the site where the conference is held. The payer of the room is my business school, if I don't forget to submit my expense report sometime, which happens quite frequently, unfortunately. But you get the idea. So now…

Contents