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      Interactive

      What do customers really want?

      In this audio slide presentation, Eric Almquist explains a technique companies can use to zero in on the true desires of customers and sharpen the distinction between "nice to have" and "gotta have."

      By Eric Almquist and Jason Lee

      Interactive

      What do customers really want?
      en
      http://resultsbrief.bain.com/videos/0903/index.htm
      Most preference-rating tools are flawed because customers have a hard time articulating their true desires. To remedy that problem, companies need a way to help their customers sharpen the distinction between what's "nice to have" and what they "gotta have."  Maximum Difference Scaling (or "Max Diff") ratings ask customers to make explicit trade-offs, allowing their real preferences to emerge.

      View the presentation
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      From feedback to action

      The tight link between feedback and action is a key design element of Net Promoter System. The systems provide different kinds of feedback, and they encourage action at multiple levels of the organization.

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      Bain Classic
      Is Your Sales Organization Ready for a Recession?

      A winning plan will help companies prosper when the economy turns down.

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      Customer Insights & Segmentation
      As Banks’ Retention Efforts Stall, Focus On High-Value Customers

      By using advanced analytics guided by five principles, banks can activate targeted customers to improve their economics and strengthen relationships.

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      Bain Classic
      Three Ways Companies Make Work Purposeful

      Retaining employees starts with keeping them engaged.

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      Customer Insights & Segmentation
      Five Types of Travelers for Targeted Marketing

      To take off in a postpandemic world, companies can tailor their marketing strategies to consumer preferences.

      More
      First published in Μάρτιος 2009
      Tags
      • Bain Classic
      • Brand Strategy
      • Customer Insights & Segmentation
      • Sales and Marketing

      How We've Helped Clients

      A Digital-First Bank Finds a Customer-Driven Path to Profitability

      Read case study

      Boosting Sales With a Redesigned Commercial Operating Model

      Read case study

      Customer segmentation aligns TelecomCo's growth strategy with consumers' needs

      Read case study

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