Those are some pretty clear statistics. Involving your customers in product development naturally has many advantages. For one, it enables you to develop and bring to market more targeted, successful products , while also providing you with great opportunities to develop more meaningful and mutual relationships with your customers. But sometimes, the process goes awry, and fail to create products that delight- or in other words fail to satisfy the need of the market it is targeting.
More often than not, products don’t match the needs of their target market. Why? Sadly, because many organizations do not have the right tools in place to capture customer feedback and listen to their valuable insight.
Your business new year’s resolution is clear: Capture customer feedback, and listen closely to those who know your products best – your loyal customers.
Resolve to make 2014 the year of the customer!