Understanding customer needs through the customer value proposition

A Customer Value Proposition (CVP) is the unique value proposition that an organization promises to its customers. It shows how a product or service responds to specific customer needs and gives customers a compelling reason to choose this particular offering. We understand the importance of understanding specific customer needs and preferences, including the "pains" and "gains" of different customer groups, in order to accurately tailor value propositions to what is really important to customers.

It is therefore essential that the value proposition is tailored as accurately as possible to what is truly important to customers. As a research agency, we understand this need and are happy to help uncover the pains and gains of different customer groups.

A CVP is often visually represented in a customer value proposition canvas. This is a strategic model that helps to connect customer insights to specific value elements of the product or service. The canvas consists of two main components: the customer segment and the value proposition, each with specific elements.

checklist

Many possibilities for customization

target groups identified

Understanding the pain points in your offering through the eyes of your target audience

list

Understanding how your offering creates value and benefits for the customer

wishes-needs

Insight into unique gain creators and effective pain relievers for a stronger position

How is a customer value proposition implemented?

A CVP can be conducted using both qualitative and quantitative research. The most common method is quantitative online research, using online questionnaires. We have access to an extensive consumer panel (B2C) and a large panel of participants from the business community (B2B).

In addition, qualitative research can be used, such as in-depth interviews and focus groups. These methods provide insight into the underlying arguments and thoughts of a specific target group. The results are not based on hard figures or percentages, but on extensive explanations and responses. What are the motives, thoughts, and feelings of the participants?

Common topics in a customer value proposition

Pain relievers

How does your offer address the customer's pain points?

Gain creators

How does your offering create value and benefits for the customer?

Competitive advantage

By identifying unique "gain creators" and effective "pain relievers" and responding to them, you can distinguish yourself and gain a stronger position.

How does Markteffect make a customer value proposition unique?

We make a customer value proposition unique by applying customized methodologies that identify the specific "pains" and "gains" of different customer groups. Specific customer segmentation allows value propositions to be tailored to the needs of specific groups.

Finally, you can also make a proposition test part of your research. This test can be used to identify the right "gain creators" and "pain relievers" by assessing how well your value proposition matches the needs and expectations of your target group.

By listening carefully to you, analyzing your question, and only then giving advice, we ensure relevance. With more than 30 years of experience, we know the market inside out. This helps us understand what you want from us. As a result, we are happy to provide you with appropriate advice. We use a proven approach for this, in which cooperation with our clients is central.

What are the benefits of a customer value proposition?

To accurately identify which pains and gains are important to customers, the proposition can be adjusted to create a strong match between the product and customer needs. The results can be used to refine marketing messages and focus on what the customer really finds important. By understanding valuable gains and pain points, companies can improve products, expand their range, or even develop new products.

See what Markteffect can do for you:

Research methods

Curious about the methods available to answer your research question? Then you've come to the right place. View an overview of all our research methods here.

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Image survey

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Campaign impact measurement

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Customer journey

What does the (current) customer journey look like? In a customer journey study, we map out the journey that a prospect or consumer takes to become a customer or...

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Quantitative research

Quantitative research is the right tool when you need representative answers and factual evidence. For example, if you want to measure brand awareness among a...

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Campaign pre-test

A campaign pre-test is extremely valuable in determining in advance whether the approach of a campaign will strike the right chord with your target group. Will the target group respond to the message...

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Similar cases

To give you a good idea of how a customer value proposition works in practice and what it can deliver for you in terms of bottom-line results, we have put together a few interesting case studies for you. You may recognize some of the issues, for example because you have encountered them within your own organization. 

Open University: needs assessment research

Consumer insights through a customer journey study for Wecycle

needs assessment research Springplank and the Municipality of Eindhoven

Insight into wishes and needs through concept and needs assessment research a unique Bossche Bol concept

Frequently asked questions

What is a customer value proposition?

A Customer Value Proposition (CVP) is the unique value proposition that an organization promises to its customers. It shows how a product or service responds to specific customer needs and gives customers a compelling reason to choose this particular offering. We understand the importance of understanding specific customer needs and preferences, including the "pains" and "gains" of different customer groups, in order to accurately tailor value propositions to what is really important to customers.

What are the benefits of a customer value proposition?

To accurately identify which pains and gains are important to customers, the proposition can be adjusted to create a strong match between the product and customer needs. The results can be used to refine marketing messages and focus on what the customer really finds important. By understanding valuable gains and pain points, companies can improve products, expand their range, or even develop new products.

How is a customer value proposition implemented?

A customer value proposition, or CVP, can be carried out using both qualitative and quantitative research. The most common method is quantitative online research, using online questionnaires. We have access to an extensive consumer panel (B2C) and a large panel of participants from the business community (B2B).

In addition, qualitative research can be used, such as in-depth interviews and focus groups. These methods provide insight into the underlying arguments and thoughts of a specific target group. The results are not based on hard figures or percentages, but on detailed explanations and responses. What are the motives, thoughts, and feelings of the participants?

How do I choose a market research agency?

A market research agency must be a good fit for your needs, but also for your company. We have a checklist of the important variables you should pay attention to.

Click here to download it.

Who is Markteffect?

Markteffect is a strategic market research agency that serves as a one-stop shop for its clients. From our offices in the center of Eindhoven and on Herengracht in Amsterdam, our team of over 120 professionals works daily to uncover the most relevant data and insights for a wide range of clients.

We are part of The Relevance Group. The Relevance Group consists of several international agencies, each with its own specializations in market research, data science, marketing technology, and AI.

Read more here

Stefan <span>Klomp</span>

Stefan Klomp

Client Consultant