How can companies effectively incorporate cultural nuances into their product development process to better meet the needs and preferences of diverse global markets, and what strategies can they implement to ensure their products resonate with customers from different cultural backgrounds?

Companies can effectively incorporate cultural nuances into their product development process by conducting thorough market research to understand the cultural preferences and needs of different global markets. They can also engage with local experts and partners to gain insights into specific cultural nuances. To ensure their products resonate with customers from different cultural backgrounds, companies can implement strategies such as adapting product designs, packaging, and marketing messages to align with cultural norms and values. Additionally, companies can localize their products by offering customization options or creating region-specific versions to cater to diverse cultural preferences.