In what ways can businesses leverage technology to streamline the process of collecting and analyzing customer feedback in order to make more informed decisions and stay ahead of the competition in today's rapidly evolving market landscape?

Businesses can leverage technology by implementing customer feedback tools such as online surveys, social media monitoring, and customer feedback platforms to collect data efficiently. These tools can help businesses analyze customer feedback in real-time, identify trends, and make data-driven decisions to improve products and services. By utilizing technology to streamline the feedback process, businesses can stay ahead of the competition by responding quickly to customer needs and preferences in today's rapidly evolving market landscape.