Business Strategy Articles

How to Wildly Improve Your Quality of Product or Services

If you’re a business owner, on some level, you must constantly be thinking about improving your product or service quality. In business, stagnation means death. So you’ve got to evolve with the times to stay competitive.

How to Improve Product Quality

Product improvement isn’t one-size-fits-all. Your steps will depend on your industry and what you’re selling. However, a few general tips apply to almost any business. So here are a few guaranteed ways to learn how to improve the quality of your product.

  • Listen to feedback from customers and employees alike. Your customers and employees are the people who interact with your product or service regularly, so they’re the best people to tell you how to improve the quality of your product.

Their perspective will be different than yours, which is valuable even if they’re satisfied with the product. Encourage a culture of feedback in your company, so your customer knows you will hear their voice. 

  • Check the feedback that’s not given to you directly. Often, people aren’t motivated to leave feedback unless they’re very happy or unhappy with your product. You can learn much about the in-between by seeing what people say about your business online.

 To do this, you can use social listening software to monitor your mentions. You can also manually search for your product name on Google or social media search bars. 

  • Don’t write off the competition. Even if you know you’re leagues ahead of your competitors, they might try things you’re not. For example, their techniques might teach you how to improve the quality of your product, and if not, they might at least be able to help you identify new growth opportunities.
  • Keep track of problems. It’s easy to write off minor issues as a one-off, but small problems with quality or processes can be symptoms of more significant, systemic problems you must address.

Keeping track of every problem you run into with your product or service can help you identify areas for improvement over time, even if the source is a user or employee error.

  • Always be learning. Continuing education is the best way to stay on top of new trends, giving you a new perspective on your product that you didn’t have before. In addition, you can discover new directions to take your business and know about potential updates that will need to be made due to technological advances or market changes.

Participating in trade shows, attending conferences, and taking online classes can help your company grow. In addition, this will help you naturally identify areas for product improvement over time. 

Sometimes you need an outside perspective to help you identify ways to 
improve your business. That’s where a business coach comes in. Click on my contact form for a complimentary coaching session, and we’ll discuss improving your product’s quality.

Coach Dave

 

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Dave Schoenbeck

Dave Schoenbeck is a professional business and executive coach who translates complex business methods, processes, and strategies into actionable plans to dramatically improve financial results. Read more about Dave here.

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