Imagine this:
You work in a highly competitive market with only a 5% share. Over the past year, you doubled your user base—an impressive feat by any standards. Your market share has jumped from 2.5% to 5%, which is certainly cause for celebration! But, taking a different perspective, this means the portion of potential customers who don’t use your product has only shifted from 97.5% to 95%. Less thrilling, right?
At this point, you might start thinking, “Should I be learning more about the non-users who continue to choose other options?” Here’s why the answer should be a resounding yes.