Can we afford to do what customers are asking for?
Customers have an infinite choice; if you don’t give them what they want, they’ll switch to someone who can.
But do customers really know what they want?
The simplest example comes from Apple CEO Tim Cook, who recently noted that customers need data security, even though what they want is widespread freedom to use social media. Apple is making itself an expert on how to balance those two things.
Every organization must evolve a process to understand what customers mean regardless of what they say.
How do you figure out what customers need? It’s a combination of customer conversations, market and industry insights, and feedback loops, especially via insightful data about user actions.
Listen to our panelists discuss specifically:
- How do you find out what your customers really want?
- You may have built your offerings with certain assumptions, but your customers may use them in ways you did not intend. What do you do then?
- Most customers do not know what they need. How do you communicate to such customer segments what they should look at?
- How do you differentiate between customer needs, wants, and desires? How do you prioritize them?
- When to say no to a customer request, and how do you do them?