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How to Prioritize Product Feedback by Revenue at Risk
https://towardsdatascience.com/how-to-prioritize-product-feedback-by-revenue-at-risk/(towardsdatascience.com)Prioritizing product feedback solely by the number of mentions is inherently biased, as it fails to consider the revenue associated with each customer request. A proposed solution involves creating a revenue-weighted feedback engine that joins data from support tickets, reviews, and sales calls with CRM account data. This system calculates a "revenue at risk" score for each feature theme by factoring in an account's annual recurring revenue, the context of the feedback, and the proximity of their contract renewal. By ranking features based on this financial metric instead of mention volume, critical requests from high-value enterprise accounts can be correctly prioritized over more frequently mentioned but less impactful features.
0 points•by chrisf•16 hours ago
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