How can companies leverage customer feedback to differentiate themselves from competitors and build stronger relationships with their customer base?

Companies can leverage customer feedback by actively listening to their customers' opinions and suggestions, using this feedback to improve products or services, and demonstrating that they value their customers' input. By addressing customer concerns and making changes based on feedback, companies can set themselves apart from competitors and show that they are committed to meeting customer needs. This can help build stronger relationships with customers, as they will feel heard and valued, leading to increased loyalty and satisfaction.