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Some top tools to evaluate if your value proposition matches customer expectations and perception include customer surveys, customer interviews, focus groups, and A/B testing. Customer surveys and interviews provide direct feedback from your customers about what they value in your product or service. Focus groups allow you to observe customer reactions and discussions about your product or service. A/B testing allows you to compare different value propositions and see which one resonates more with your customers.
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So how do you determine where the value of your product or service comes from? A product features audit assesses who within the customer base uses what feature and how frequently they use that feature. This is a validation method to clarify what users genuinely value about your product, feature by feature. This insight guides what functionality you should hone in on and which to avoid.
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How do you communicate your value to customers? Use this presentation template to create your own Value Proposition Canvas and dive into the most impo...
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