Data Product ROI: Don't Shy Away from Cost Discussions
ericdataproduct.substack.com
“Customers who use our product see a 10x increase in number of insights generated.” “The query time drops in half if you use our optimized system.” If you haven’t seen these type of claims, I envy your inbox. As data continues to capture market share, companies and products are quick to tell you how much benefit you can gain from using their product or solution. In many cases, I believe them. But knowing the benefits does not answer the question of “is it worth it?” We need to know the costs.
Data Product ROI: Don't Shy Away from Cost Discussions
Data Product ROI: Don't Shy Away from Cost…
Data Product ROI: Don't Shy Away from Cost Discussions
“Customers who use our product see a 10x increase in number of insights generated.” “The query time drops in half if you use our optimized system.” If you haven’t seen these type of claims, I envy your inbox. As data continues to capture market share, companies and products are quick to tell you how much benefit you can gain from using their product or solution. In many cases, I believe them. But knowing the benefits does not answer the question of “is it worth it?” We need to know the costs.