Book Image

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

By : Robert Coppenhaver
Book Image

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

By: Robert 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 (14 chapters)
From Voices to Results – Voice of Customer Questions, Tools, and Analysis
Credits
About the Author
Preface
Epilogue

Linkert scale


Since you have extracted the customer requirements from your interviews and images, it will be very easy to now take the customer requirements you have generated and make a questionnaire to help ascertain the real level of importance of each requirement. Your customer interviews probably consisted of 20-30 face-to-face meetings. To make the importance survey reliable, we recommend you survey 100-150 customers for each market segment you are targeting.

While most surveys get a 3-5% response rate, you really need to ensure you are getting a good cross-section of your customer base and are aiming for a 50-60% response rate. This will require some work with your marketing team to make sure customers are properly notified about the survey, that there is a proper incentive for their participation, and that there is a follow-up after the survey for those who did not respond.

The importance questionnaire format is shown in Figure 8.1. In this questionnaire, we list each of the possible...