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From Voices to Results -  Voice of Customer Questions, Tools and Analysis

From Voices to Results - Voice of Customer Questions, Tools and Analysis

By : Coppenhaver
5 (1)
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From Voices to Results -  Voice of Customer Questions, Tools and Analysis

From Voices to Results - Voice of Customer Questions, Tools and Analysis

5 (1)
By: Coppenhaver

Overview of this book

Voice of Customer (VoC) is one of the most popular forms of market research that combines both quantitative and qualitative methods. This book is about developing a deeper knowledge of your customers and understanding their articulated and unarticulated needs. Doing so requires engaging with customers in a meaningful and substantive way – something that is becoming more and more important with the rise of the increasingly connected world. This book gives you a framework to understand what products and features your customers need, or will need in the future. It provides the tools to conduct a VoC program and suggests how to take the customer input and turn it into successful products. This book also explains how to position and price your products in the market, and demonstrates ROI to the management team to get your product development funded. By the end of this book, you will have a thorough understanding of the relevant stages of a VoC project. It will show you how to devise an effective plan, direct the project to their objectives, and then how to collect the voice of the customer, with examples and templates for interviewing and surveying them.
Table of Contents (11 chapters)
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10
A. Epilogue

What this book covers

Chapter 1, Solving Problems and Driving Value with VoC, We explore a short history of new product development and why many projects fail. We discuss why customer input is so important to the product development process and what it means to be customer focused. We also begin to define what is meant by VoC.

Chapter 2, VoC in the Product Development Process, We look at where VoC fits in the product development process and the major types of new products. We review the typical stage–gate process in new product development and how VoC can influence or drive each stage.

Chapter 3, Laying the Groundwork, We discuss some of the methods and tools to help understand your customers and markets. In this chapter, we review SWOT, Porter's five-force model, the BCG growth share matrix, customer segmentation, and competitive analysis.

Chapter 4, Gathering the Customer Needs for Your Product, We conduct a review of different methods and processes to gather customer feedback and insight. Methods discussed include surveys, interviews, focus groups, lead user analysis, and ethnography. In addition to an introduction of each method, we present the benefits and shortcomings of each approach.

Chapter 5, The Interview Process – Preparation, Here, we go through how to organize your VoC program, focusing on creating a plan, selecting your customers to interview, defining how many customers to interview, where to do the interviews, who will do the interviews, scheduling the interviews, and creating the interview guide.

Chapter 6, The Interview Process – The Interview, We discuss methods to collect customer information during the VoC interview, roles and responsibilities for each member of the interview team, practicing the interview before you meet the first customer, things to avoid in the interview, and ways to get the unspoken word through observational interviews.

Chapter 7, Understanding the Customer's Voice, We explore processing the customer data acquired during the VoC sessions to sort, prioritize, and translate the customer input into product requirements.

Chapter 8, Validating the Customer's Voice, We look at determining how the input received from the VoC can drive customer decisions in order to delight the customer, using tools such as Kano Analysis to help prioritize product features and finding out how to assign value to each of the perceived benefits the features bring.

Chapter 9, Completing the Circle – Using the Customer's Voice in Your Organization, We'll discover how to use the data generated from VoC to create actionable attributes and requirements for your product, and how to document these requirements into language the rest of the organization can use to create your new product using QFD. Once the product is defined, we discuss how to market it, assign value to its features, and price it so as to maximize profitability. Lastly, we create a value proposition for your product.

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