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Subject: Definitions & Examples of Overshooting & Undershooting


Author:
Dennis S. Vogel
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Date Posted: 23:49:29 12/23/05 Fri
In reply to: Dennis S. Vogel 's message, "Small Business Innovation, Part 1" on 23:40:11 07/31/05 Sun

Note- The following definitions aren’t necessarily what other authors would use or how they would use them. So, I want to be sure these are understood. These examples explain the definitions to bring out wider meanings.

Overshooting means having a wider range of benefits &/or more depth of benefits than a customer needs. Basically, it means users settle for paying a higher price to get they want or need. The price is higher because of the whole ranges of benefits provided. Total cereal generally tastes good, can fill my stomach & is touted as having more nutrients than any other cereal. You’d have to XX number of bowls of cereal ABC to get the nutrition in just 1 bowl of Total. That’s nice, but I eat more than one meal per day, so I don’t need a day’s worth of nutrition in my first daily meal.

Undershooting means having a narrower range of benefits &/or less depth of benefits than a customer needs. Basically, it means users settle for less than what they want or need. Corn Flakes cereal has significantly less nutrition, including fiber, than many cereals. Though it can fill my stomach, I don’t like the taste & I prefer more nutrition in a meal.

Please be aware - You understand things related to your business since you deal with them often. It doesn’t mean customers & prospects won’t be confused.
This next example is kind of confusing, so I’m including it to give an idea what some customers might put up with to be able to do some things. If you can configure services & products (even those you don’t manufacture) to make them more useful & less confusing, you’d be providing a great benefit. Unfortunately, End User License Agreements usually specify changing programming coding isn’t allowed. You might also void some warranties by changing some products.

Can a product overshoot & undershoot the same person? Yes.
Though I’ve gotten used to various versions & editions of Microsoft Office, I prefer Lotus Organizer in the Millennium Smart Suite. Outlook doesn’t provide what I like about Organizer. Freelance Graphics also has templates I think are useful, even without making presentations.
I don’t make multimedia presentations, so any version of MS Office with PowerPoint overshoots what I need.
Office 2003 Small Business Edition has Outlook 2003 with Business Contact Manager, so it offers something Lotus Organizer doesn’t. But to use the Business Contact Manager, a person needs a computer built after 2000 to be fast enough.
Excel 2003 can do things Excel 97 can’t, but the Small Business Financial Manager only works with Excel 97.
Here’s my frustration- I still use Excel 97 with the Small Business Financial Manager. I use Excel 2003 for more functionality.
I use Access 2000 for more functionality than Access 97.
I have Office 2000 & 2 versions of Office 97 installed in older computers & Microsoft doesn’t like it when people install the same copy of its software on multiple computers.
If I only used one computer - Can you imagine trying to download updates for these various versions & inserting the CD-ROMs to prove I own them legally?
This would be besides the frustration of having 2-3 versions of Excel in one computer. It does work, but not so smoothly. “Was that calculation done by Excel 97 or 2003? No, it’s in the computer with Office 2000.”
The Moral- Make things as easy as you can for customers. Solutions you offer shouldn’t cause more problems.

Range of benefits means how many things a product can do. Microsoft Office 2000 Professional has PowerPoint & Binder. I haven’t used either of these & I don’t know if I ever will.
Depth of benefits means how well a product solves a problem. Office 97 Small Business Edition has Excel, but doesn’t have Access. Excel can do some database tasks, but it’s not as useful as Access for processing concepts for writing sales copy.
To have the Office 97 Small Business Financial Manager & Access 97, I’ve bought the Professional & Small Business Edition of Office 97.
Years later, Office 2000 was released.

Dennis S. Vogel
thrivingbusiness@email.com
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http://web1.lakefield.net/~thrivingbusiness/
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