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Anyone who benefits from a product or service
A customer is best defined as:
It ensures products meet customer needs
Why is understanding the customer important?
People who directly use the product
Who are end-users?
Companies using products for operations or resale
Business customers are:
People who affect purchasing decisions
Influencers are:
Guide innovation
Customer needs are important because they:
Fundamental product requirements
Basic needs refer to:
Needs that solve problems or improve experience
Functional needs are:
Feelings and aspirations
Emotional needs are driven by:
Needs customers are unaware of
Latent needs are:
Customer problems and experiences
Customer-centric innovation focuses on:
Understanding customers
Market research helps in:
Improve products
Customer feedback is used to:
Creating a sample for testing
Prototyping means:
Validate ideas
Testing a product before scaling is important to:
Dividing the market into groups
Market segmentation is:
Understand specific customer groups
The purpose of segmentation is to:
Selecting specific market segments
Targeting means:
Tailor strategies and messaging
Targeting helps businesses to:
A statement of product benefits
A value proposition is:
Explain why customers should choose the product
The purpose of a value proposition is to:
Long and complex
A strong value proposition should be:
Fail to meet needs
A product without customer understanding will likely:
Weak customer connection
Ignoring emotional needs may result in:
Personalizing communication
Segmentation improves marketing by:
Fast app performance
Which is an example of a functional need?
Feeling of trust
Which is an example of an emotional need?
Needs evolve over time
Feedback is continuous because:
Customer needs
Innovation should be based on:
Hidden needs discovered through innovation
Which best describes latent needs?