Customer Needs

Customer Needs

Customer Needs Jonathan Poland

Customer needs are the factors that make a product or service valuable to a customer. These needs can be functional, such as the ability of a restaurant to provide food and drink, or they can be more subjective, such as a customer’s preference for food that tastes good or an environment that feels safe and clean. Customer needs are important to understand because they determine the value that a product or service provides to the customer. By identifying and addressing customer needs, companies can create products and services that are more appealing and relevant to their target audience. This can help to increase customer satisfaction, loyalty, and sales. The following are common examples of customer needs.

Accessibility Accuracy & Precision
Ambience Availability
Capacity Certainty
Cleanliness Color
Comfort Compatibility
Competence Configurability
Consistency Convenience
Country of Origin Cultural Needs
Diligent Service Durability
Ease of Assembly Ease of Purchase
Efficiency Entertainment
Epic Meaning Ethical Concerns
Fast Service Features
Fit for Purpose Flexibility
Formulations Friendly Service
Functions Health & Wellness
Information Ingredients
Language Legal Terms
Location Look & Feel
Maintainability Materials
Package Sizes Package Usability
Peak Experiences Performance
Price Privacy
Product Information Product Refinement
Product Usability Quality
Quantity Relaxation
Reliability Request Turnaround Time
Respect Reusability
Risk Reduction Safety
Security Sense & Sensation
Shape & Form Sizes
Smell & Lack of Smell Social Interaction
Social Status Stability
Standards Compliance Style
Sustainability Taste
Texture Trust
Uniqueness Variety
Learn More
Project Metrics Jonathan Poland

Project Metrics

Project metrics are methods for measuring the progress and performance of a project. They are typically tracked continuously in order…

Product Launch Jonathan Poland

Product Launch

Product launch refers to the introduction of a new or updated product to a specific market. This is an important…

Is Greed Good? Jonathan Poland

Is Greed Good?

Greed is good is a paraphrased quote that originates with the 1987 film Wall Street. It is important to note…

Corporate Governance Jonathan Poland

Corporate Governance

Corporate governance refers to the system of rules, practices, and processes by which a company is directed and controlled. It…

Market Position Jonathan Poland

Market Position

The market position of a brand, product, or service refers to its place in a crowded market. It is the…

Retail Automation Jonathan Poland

Retail Automation

Retail automation refers to the use of technology to automate and streamline various processes in the retail industry, such as…

Administrative Skills Jonathan Poland

Administrative Skills

Administrative skills are abilities and personality traits that enable a person to be efficient and organized in a workplace setting.…

Market Forces Jonathan Poland

Market Forces

The interaction that shapes a market economy. Market forces are the factors that determine the supply and demand for a…

Technological Change Jonathan Poland

Technological Change

Technological change refers to the development and adoption of new technologies and the ways in which they transform society and…

Content Database

Search over 1,000 posts on topics across
business, finance, and capital markets.

Telecommuting Jonathan Poland

Telecommuting

Telecommuting, also known as remote work or working from home, is a type of flexible work arrangement in which employees…

Pricing Strategy Jonathan Poland

Pricing Strategy

Pricing strategy is the process of determining the right price for a product or service based on market conditions, business…

Product Benefits Jonathan Poland

Product Benefits

A product benefit is the value that a customer derives from a product or service. It is what makes the…

Sticky Information Jonathan Poland

Sticky Information

Sticky information is information that is difficult to transfer. This is an analogy that information that knowledge “sticks” to people,…

Pricing Power Jonathan Poland

Pricing Power

Pricing power refers to a company’s ability to increase prices without significantly impacting demand for their products or services. This…

Conflicts of Interest Jonathan Poland

Conflicts of Interest

A conflict of interest exists when an individual or organization has incentives that contradict their responsibilities. This can occur when…

Product Experience Jonathan Poland

Product Experience

Product experience refers to the overall value that a product or service provides to customers based on their perceptions as…

Influence Jonathan Poland

Influence

Influence is the ability to have an impact on the thoughts, behaviors, and values of an individual. It can involve…

What is Food Sovereignty? Jonathan Poland

What is Food Sovereignty?

Food sovereignty is the right of peoples and countries to define their own food and agriculture systems, rather than being…