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Customer Value Mapping
Using customer value mapping to understand what customers perceive as valuable in a product or
service.
What is Customer Value Mapping?
Qualitative approach
Looks at perceived value from the
customer's perspective
Understand needs
Helps identify customer needs and desires
Improve products
Can be used to improve products and
services
Customer value mapping provides insights into what
customers really value about a product or service.
Using Customer Value Mapping in
Product Development
Identify customer needs
Interview and survey potential customers to
understand what they value in a new product
Develop features
Use customer input to design product
features and functionality
Test concepts
Get customer feedback early through focus
groups and prototyping
By mapping customer value during product development, companies can
create products that deliver the benefits most valued by customers.
Using Customer Value Mapping for Pricing
Understand perceptions Map perceptions Set optimal price
Customer value mapping provides insights to set pricing at a
level that matches customer expectations of value.
Using Customer Value Mapping in Marketing
Identify customer pain points
Use customer journey mapping to pinpoint
areas of frustration
Create resonant messaging
Ensure marketing campaigns address
customer needs uncovered through
mapping
Build customer personas
Use insights from mapping to create
detailed, value-based personas
Customer value mapping provides critical insights to improve marketing effectiveness.
Advantages of Customer Value Mapping
• - Provides deeper understanding
Goes beyond surface level data like surveys to uncover
root causes of perceptions
• - Generates new insights
Combines qualitative and quantitative data for a
comprehensive perspective
• - Identifies unarticulated needs
Uses techniques like laddering to reveal true
motivations
• - Improves satisfaction and loyalty
Provides understanding of customer values to meet
expectations
• - Flexible tool
Adaptable to various contexts like product development
and market research
How to Create a Customer Value Map
Gather data Identify dimensions Map comparisons Improve value
By following these steps, you can create a customer value map
that provides insights into improving your offerings.
How to Use Customer Value Maps
Understand customer
perceptions
Use customer value maps to
gain insight into how customers
view your products and services
Improve products and
services
Identify areas to enhance based on
customer feedback from value
maps
Target marketing efforts
Focus messaging and
campaigns on dimensions of
value important to customers
Make strategic decisions
Use knowledge of customer
perceptions to guide product,
pricing and other strategic
choices
Customer value mapping provides critical insights to inform key
business decisions and better meet customer needs.
Best Practices
Take a qualitative approach
Use open-ended questions and focus groups to
understand motivations
Consider entire customer journey
Map touchpoints from initial research to
post-purchase support
Include tangible and intangible
benefits
Consider product quality, customer service,
convenience, and ease of use
By following these best practices, you can accurately map the perceived customer value.
Connect with Business901
Learn How to Put Customer Value Mapping to Use

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Customer Value Mapping: Using customer value mapping to understand what customers perceive as valuable in a product or service.

  • 1. Customer Value Mapping Using customer value mapping to understand what customers perceive as valuable in a product or service.
  • 2. What is Customer Value Mapping? Qualitative approach Looks at perceived value from the customer's perspective Understand needs Helps identify customer needs and desires Improve products Can be used to improve products and services Customer value mapping provides insights into what customers really value about a product or service.
  • 3. Using Customer Value Mapping in Product Development Identify customer needs Interview and survey potential customers to understand what they value in a new product Develop features Use customer input to design product features and functionality Test concepts Get customer feedback early through focus groups and prototyping By mapping customer value during product development, companies can create products that deliver the benefits most valued by customers.
  • 4. Using Customer Value Mapping for Pricing Understand perceptions Map perceptions Set optimal price Customer value mapping provides insights to set pricing at a level that matches customer expectations of value.
  • 5. Using Customer Value Mapping in Marketing Identify customer pain points Use customer journey mapping to pinpoint areas of frustration Create resonant messaging Ensure marketing campaigns address customer needs uncovered through mapping Build customer personas Use insights from mapping to create detailed, value-based personas Customer value mapping provides critical insights to improve marketing effectiveness.
  • 6. Advantages of Customer Value Mapping • - Provides deeper understanding Goes beyond surface level data like surveys to uncover root causes of perceptions • - Generates new insights Combines qualitative and quantitative data for a comprehensive perspective • - Identifies unarticulated needs Uses techniques like laddering to reveal true motivations • - Improves satisfaction and loyalty Provides understanding of customer values to meet expectations • - Flexible tool Adaptable to various contexts like product development and market research
  • 7. How to Create a Customer Value Map Gather data Identify dimensions Map comparisons Improve value By following these steps, you can create a customer value map that provides insights into improving your offerings.
  • 8. How to Use Customer Value Maps Understand customer perceptions Use customer value maps to gain insight into how customers view your products and services Improve products and services Identify areas to enhance based on customer feedback from value maps Target marketing efforts Focus messaging and campaigns on dimensions of value important to customers Make strategic decisions Use knowledge of customer perceptions to guide product, pricing and other strategic choices Customer value mapping provides critical insights to inform key business decisions and better meet customer needs.
  • 9. Best Practices Take a qualitative approach Use open-ended questions and focus groups to understand motivations Consider entire customer journey Map touchpoints from initial research to post-purchase support Include tangible and intangible benefits Consider product quality, customer service, convenience, and ease of use By following these best practices, you can accurately map the perceived customer value.
  • 10. Connect with Business901 Learn How to Put Customer Value Mapping to Use