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Last updated 1:06 PM on 4/26/26
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30 Terms

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Anyone who benefits from a product or service

A customer is best defined as:

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It ensures products meet customer needs

Why is understanding the customer important?

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People who directly use the product

Who are end-users?

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Companies using products for operations or resale

Business customers are:

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People who affect purchasing decisions

Influencers are:

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Guide innovation

Customer needs are important because they:

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Fundamental product requirements

Basic needs refer to:

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Needs that solve problems or improve experience

Functional needs are:

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Feelings and aspirations

Emotional needs are driven by:

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Needs customers are unaware of

Latent needs are:

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Customer problems and experiences

Customer-centric innovation focuses on:

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Understanding customers

Market research helps in:

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Improve products

Customer feedback is used to:

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Creating a sample for testing

Prototyping means:

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Validate ideas

Testing a product before scaling is important to:

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Dividing the market into groups

Market segmentation is:

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Understand specific customer groups

The purpose of segmentation is to:

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Selecting specific market segments

Targeting means:

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Tailor strategies and messaging

Targeting helps businesses to:

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A statement of product benefits

A value proposition is:

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Explain why customers should choose the product

The purpose of a value proposition is to:

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Long and complex

A strong value proposition should be:

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Fail to meet needs

A product without customer understanding will likely:

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Weak customer connection

Ignoring emotional needs may result in:

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Personalizing communication

Segmentation improves marketing by:

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Fast app performance

Which is an example of a functional need?

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Feeling of trust

Which is an example of an emotional need?

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Needs evolve over time

Feedback is continuous because:

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Customer needs

Innovation should be based on:

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Hidden needs discovered through innovation

Which best describes latent needs?