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Why constant customer feedback is crucial for a successful product

Customer feedback has long been recognized as crucial for helping companies to improve their products and services, and brush up their customer satisfaction ratings. Every successful business tries to design a value product or a service that meets customer needs, but that’s very difficult if you’re not sure exactly what they are.

foxes fight

Can you spot a brand reputation crisis before it hits?

Whoever said “there’s no such thing as bad publicity” never faced a brand reputation crisis. When a lot of people are talking about your brand in negative terms, it could lead to a drastic loss in market share, which can be difficult to regain, even if it’s triggered by something relatively insignificant or that’s not your fault.

customers are talking

How to use sentiment analysis to measure and build your brand reputation

Consumers don’t just base purchase decisions on objective elements like price, location, or availability. Many times their actions relate to how they feel about your brand and to the emotional impact your brand makes upon their purchasing moves. That is why companies always try to maintain a good brand reputation and invest time, effort, and money in order for consumers to feel good about their products and services. Research showed that83% of consumers want a compassionate connection with brands, meaning they wish to purchase from companies that they can trust. This report also highlighted the role of emotions in driving consumers’ purchases. Another study reported that 39% of consumers claimed that trust drove their purchase decisions.

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