Customer Need Identification Methods in New Product Development: What Works "best"?

Publikation: Beiträge in ZeitschriftenZeitschriftenaufsätzeForschungbegutachtet

Authors

Although new product development is associated with high failure rates, it is still the most natural measure for firms to grow and by that expand their market position. Therefore, firms need to optimally align product functions to the needs of their target customer. By conducting an online survey with 179 participants, this paper identifies the most commonly applied need identification techniques. We can show that analyzing internal data and external reports today is the most commonly used method, at least in the German-speaking world. Still, interacting with customers via different approaches is perceived as the most beneficial approach, at the same time being very resource-demanding. In contrast to most scientific studies analyzing this topic, we furthermore identify reasons for refusing certain methods, e.g. because of lack of knowledge and resources or severe resistance within the organizations. Additionally, we derive academic and practical information from the input of the survey data for an improved application in the future.

OriginalspracheEnglisch
Aufsatznummer1850008
ZeitschriftInternational Journal of Innovation and Technology Management
Jahrgang15
Ausgabenummer1
ISSN0219-8770
DOIs
PublikationsstatusErschienen - 01.02.2018
Extern publiziertJa

Bibliographische Notiz

Publisher Copyright:
© 2018 World Scientific Publishing Company.

DOI