469: Voice of Customer in Product Design – with Tony Belilovskiy
Dec 25, 2023
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Tony Belilovskiy explores turning customers' perceptions into numerical, objective data for product design and business cases. The podcast discusses understanding the voice of the customer, ranking and weighting customer needs, addressing measurement challenges, and focusing on customer needs in the hotel industry.
Understanding customer perceptions can be converted into numerical data for innovation in product design.
Prioritizing customer needs and preferences based on numerical data enhances the product development process and increases customer satisfaction.
Deep dives
Importance of Voice of the Customer in Product Design
The podcast episode discusses the importance of incorporating the voice of the customer in product design. Tony Belavoski, CEO of C3 Excellence, explains how customer perceptions can be turned into numerical data and used as a basis for innovation. By understanding the outcomes that customers want to achieve when using a product, product developers can create solutions that align with customer needs. Prioritization is also highlighted as a crucial step in the product development process, where customers themselves participate in ranking their priorities. By focusing on customer outcomes and using their feedback, businesses can avoid the pitfalls of not paying attention to the voice of the customer and improve the success of their products.
Defining the Voice of the Customer
The podcast delves into the definition of the voice of the customer and its relevance in product development. The voice of the customer refers to the desired outcomes customers aim to achieve when using a product. It goes beyond simply asking customers what they want, but understanding their needs and feelings. The example of Uber disrupting the taxi industry highlights the importance of addressing customer needs, such as convenience and predictability. By focusing on the voice of the customer, product managers can create products that align with customer expectations and provide desired outcomes.
Using Word Formulas and Prioritization
The podcast explores the use of word formulas and prioritization in understanding customer needs and preferences. Word formulas are a set of questions designed to uncover the outcomes, features, and results that customers desire in a product. Through focus groups and interviews, customers are asked to rank their priorities, providing valuable numerical data. This data aids in the decision-making process and helps allocate resources to meet the most important customer needs. Prioritizing customer requirements based on their preferences enhances the product development process and increases the chances of customer satisfaction.
Impact of Neglecting the Voice of the Customer
The podcast highlights the potential negative consequences of neglecting the voice of the customer in product development. Failure to prioritize customer needs and expectations can lead to dissatisfied customers, unsuccessful product launches, and wasted resources. By solely focusing on the features and attributes of a product without understanding the desired outcomes and feelings of customers, businesses risk creating products that do not meet customer expectations or provide value. The podcast emphasizes the importance of going beyond surface-level attributes and delving into the minds, hearts, and feelings of customers to create successful products.
How product managers can turn customer dissatisfaction into innovation I am interviewing speakers at my favorite annual conference for product managers, the PDMA Inspire Innovation Conference. This discussion is with Tony Belilovskiy, whose session is titled “Voice of Customer in Product Design.” Tony will be sharing with us how you can turn customers’ perceptions (that […]
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