Customer Needs-Opportunities Matrix

The Customer Needs-Opportunities Matrix is a 2x2 matrix used to identify customer needs and opportunities for a business. It helps to prioritize customer needs and opportunities, and to identify areas for improvement.

At a very high level, the Customer Needs-Opportunities Matrix is used in the context of business, marketing, finance.

Customer Needs-Opportunities Matrix quadrant descriptions, including examples
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What is the Customer Needs-Opportunities Matrix?

A visual explanation is shown in the image above. The Customer Needs-Opportunities Matrix can be described as a matrix with the following quadrants:

  1. Needs: Customer needs that are currently being met, e.g. customers want a product feature that is already available.
  2. Opportunities: Opportunities to meet customer needs, e.g. customers may not be aware of a new product feature that is available.
  3. Unmet Needs: Customer needs that are not currently being met, e.g. customers want a product feature that is not currently available.
  4. Unmet Opportunities: Opportunities to meet unmet customer needs, e.g. customers may not be aware of a new product feature that could be offered.

What is the purpose of the Customer Needs-Opportunities Matrix?

The Customer Needs-Opportunities Matrix is a 2x2 matrix used to identify customer needs and opportunities for a business. It helps to prioritize customer needs and opportunities, and to identify areas for improvement.

The matrix is divided into four quadrants: Needs, Opportunities, Unmet Needs, and Unmet Opportunities. Each quadrant represents a different type of customer need or opportunity. By analyzing customer feedback and data, businesses can identify which needs and opportunities are most important to their customers, and prioritize them accordingly.

For example, a business may find that customers are asking for a new product feature, but the feature is not currently available. This would be classified as an Unmet Need. On the other hand, the business may find that customers are not aware of a new product feature that is available. This would be classified as an Unmet Opportunity.

By understanding customer needs and opportunities, businesses can make informed decisions about how to best serve their customers. This can help them to create better products and services, and to improve customer satisfaction.


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What templates are related to Customer Needs-Opportunities Matrix?

The following templates can also be categorized as business, marketing, finance and are therefore related to Customer Needs-Opportunities Matrix: Effort Impact Matrix, Gap Analysis Matrix, Growth Share Matrix, Kraljic Matrix, Outsourcing Matrix, Quadrant Analysis, Risk Analysis Matrix, Risk Value Matrix. You can browse them using the menu above.

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