5 tips for creating the right product for your customer

5 tips for creating the right product for your customer

5 tips for creating the right product for your customer

 

The best customer experience must be at the heart of business decisions. Insights that make customer behavior, attitudes, lifestyles, and values transparent and comprehensible should, therefore, always be the first step.

Find out how deeptrue can help you by reading the five tips to help you create the best customer experience.

  1. Know your market: identifying and narrowing down the market needs and demands of customers will help narrow down ideas for your new product. Hence, market research is essential because targeting market segments help launch effective promotions and products that increase sales. 

 

  1. Know your client: understanding why your customer would buy your product or service makes it easier to match their needs to the offers your business sells. Moreover, the deeptrue service lets your company know what your customers want before they do as we provide a fully digitalized insight platform to generate “customer analytics” quickly, cost-effectively, and globally to obtain a sound decision-making base. (Harvard Business Review, 2011)

 

  1. Test your concept product; just as practice makes perfect, testing is crucial to create the perfect product. Does your product have features that satisfy customer needs? Is the market ready for your product? Does the product main an equilibrium between the launch cost and the product’s capacity to turn a profit? These questions and more are areas to consider when testing a new concept, and deeptrue provides the tools to take care of new concept testing in 50+ markets.

 

  1. Consider areas to rebrand: Rebranding is needed when your company needs to evolve and shift and seeks to drive growth. Trends and markets are evolving so quickly that it is crucial for companies to stay up-to-date with their current market, not only to broaden your company appeal but also the opportunity to expand into a new space or market. With deeptrue branding tools, we make rebranding a seamless and easy experience for you and your clients.

 

  1. Lastly, innovate to stay ahead of market trends and competitors. One of the distinguishing factors of good service and excellent service is Research and Development (R&D). Big companies like Apple, Microsoft, and Google allocate resources to constant R&D to stay on top of the competition, be market leaders, and boost customer satisfaction through their services. Innovation not only helps you take advantage of new technologies to beat competitors but also grows your business, and business growth is linked with increased profits. With deeptrue innovation tools, you can upgrade your existing products and operations, understand customer needs and innovate according to your market needs.

At deeptrue, we provide services to help you with the above and ensure your company’s success and client retention.

 

Learn more about deeptrue’s innovation tools

Concept Check

Get feedback on your concept, innovation, product or services based on a few key indicators.

Idea Test

Test your idea with right consumer feedback to see if you should follow up on it.

Concept Test

Get comprehensive feedback on your concept, innovation, product or services idea.

Customer Experience’s effect on disruption in travel industry

Customer Experience’s effect on disruption in travel industry

The travel industry has been desperately struggling in recent weeks with the post-pandemic rush of travelers hoping to escape for some long-overdue relaxation.

It has been a trying time at best and a complete nightmare at worst. For example, staff shortages at Heathrow Airport have forced it to cap the number of passengers flying out of the hub to 100,000 a day. This has resulted in British Airways canceling 13 percent of its summer schedule, a total of over 10,000 flights. For travelers with disabilities who manage to travel, there have been increasing reports of service failings that have left them stranded.

The increase in fuel and energy costs also means that travel companies are struggling to operate as they once used to. Some tour operators now consider fuel surcharges a necessary evil. The International Air Transport Association estimates overall expenses for the aviation industry in 2022 will be up 44% in 2021. This, coupled with the rising cost of living, has resulted in many consumers choosing to travel and holiday closer to home, which all has a knock-on impact on travel worldwide.

Placing humans at the heart of travel CX

The traveling industry should respond by ensuring that humans are at the heart of everything businesses within the sector. At its core, travel is an experienced industry, meaning that everything customers experience related to their journey will significantly affect their opinion of a brand.

Luckily, the industry is well-placed to respond. The travel sector leads the way in consumer insights and proposition innovation in many ways. We see further integration of physical and digital experiences by creating seamless, physically and digitally joined-up customer experiences. This will put smiles on passengers’ faces while making frontline staff’s jobs easier and leads to cutting costs.

A proactive omnichannel customer experience, transparent, empathetic, efficient, and fair, short-term brand damage is unlikely to cut too deep. When much-anticipated ‘wow’ experiences are failing to deliver, it certainly pays to have CX designed to build emotional connections with customers and, in turn, foster long-lasting goodwill and loyalty. Customer centricity is key to helping the travel industry support when there is a disruption to ensure customers feel that brands are on their side.

Separate the best from the rest 

Trade body ABTA suggests that three-quarters of UK families are planning a holiday abroad this summer alone, so we’ve unfortunately not seen the end of the turbulent times this year. Delays, canceled flights, mile-long queues, and strikes are not problems going away any time soon.

While some players are rising to the challenge, others require a mindset shift. The high-profile issues hitting the news should serve as a wake-up call for companies that regard CX as a cost center: the future is founded on humanity-driven experiences that protect the brand and drive loyalty and recommendation. While it’s true that these events are often difficult to predict, it’s also true that how a business responds to them is key to customers’ perceptions of a brand and their behaviors towards it.

With more than 65% of people expecting more from customer service than three to five years ago, reacting quickly and being flexible to customer needs in a crisis will help travel companies develop and maintain a competitive edge. The rest of the sector would be totally fine by investing in scenario planning, robust customer crisis response, and proactive, customer-centric omnichannel communications to build the resilience and agility required to tackle inevitable future crises.

Based on an article by Nora Boros, CSO at Webhelp.

Learn more about deeptrue’s Customer Experience tools

Customer Satisfaction

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Event Feedback

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Seven principles every leader should know

Seven principles every leader should know

In Susan Scott’s book Fierce Conversations, there are 7 principles every leader should know:

1. Manage the courage to interrogate reality – We create the bubble we live in: the information we consume, our closest confidants, and the topics that interest us. Get out of your comfort zone and attempt to understand what reality is.

2. Come out from behind yourself into the conversation, and make it real — Uncomfortable conversations are the ones that make us grow. Transformation starts with listening and being open to change. 

3. Be here, prepared to be nowhere else — Be genuinely present in the conversation. Stop projecting or strategizing your response and participate with intention. 

 4. Tackle your most formidable challenge today — Stop avoiding or postponing the problematic things. Then you end up carrying the burden longer than necessary. Once a problem is named, it is almost solved. 

5. Obey your instincts — They come from the oldest part of our brains and manifest in feeling rather than words. Trust your gut – they are another way of being present and aware. 

6. Take responsibility for your emotional wake — Conversation is not about the relationship; conversation IS the relationship. How people feel leaving the discussion is what they will remember. 

7. Let silence do the heavy lifting — Don’t let ideas get lost between words. Allow silence to foster inner dialogue. Insight occurs in the spaces between the words.

Learn more about deeptrue’s innovation tools

Concept Check

Get feedback on your concept, innovation, product or services based on a few key indicators.

Idea Test

Test your idea with right consumer feedback to see if you should follow up on it.

Concept Test

Get comprehensive feedback on your concept, innovation, product or services idea.

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