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Understand Market Needs from VOC: Extract Real-World Market Needs Directly from Customer Conversations

TL;DR: What this template does

This template analyzes qualitative voice-of-customer (VOC) data to identify unmet market needs.
Upload interviews, support calls, or surveys and get a quote-backed report of opportunities customers want — but can’t find in current solutions.

Why market needs should come from the market

Trend reports are helpful — but your customers are already telling you what they need.

This template helps you turn that raw, messy feedback into a usable, prioritized market needs report.

Definition: Market needs are recurring patterns in customer language that reveal missing functionality, underserved problems, or opportunities to create value — extracted from VOC data, not just assumptions.

How does this template work?

Step 1: Upload Interview, Survey, or Call Transcripts
  • Use onboarding, support, sales, NPS, or exploratory research
  • Accepts audio, video, or text
  • Best with 10–15 interviews across diverse customers
Step 2: Extract Market Themes
  • AI tags unmet expectations, repeated requests, and workarounds
  • Identifies customer pain that indicates a market gap
  • Clusters needs by frequency, urgency, and persona
Step 3: Output — Market Needs Report
  • Ranked list of unmet needs with customer quotes
  • Tags for effort vs. impact
  • Downloadable for roadmap, product, and GTM teams

What benefits does this template provide?

BenefitDescriptionImpact
Evidence-Based InsightKnow what users actually need — not just what’s trendingGuide roadmap and positioning
Strategic PrioritizationSee which needs have market demandFocus on value, not noise
Competitive OpportunityFind what no one else is solvingCreate differentiation
Stakeholder AlignmentShow proof with quotes to justify market focusSpeed up strategic buy-in

How do different teams use this template?

Product Strategists — Identify high-priority feature opportunities
GTM Teams — Spot emerging needs before competitors do
Founders — Validate market direction directly from users
Marketing Research Leads — Ground market assumptions in VOC data

Frequently Asked Questions

How is this different from traditional market research?
Traditional research relies on surveys or assumptions. This pulls real-time insight from what customers are already telling you, without forcing them into predefined boxes.
Can I use surveys?
Yes — especially open-ended responses. They’re highly valuable for this type of analysis.
Will this show me new opportunity areas?

Yes. You’ll likely discover new or under-appreciated jobs that weren’t on your radar.

What Teams Are Saying

“This surfaced two product needs that none of our competitor tools solved. We shifted our roadmap and won a whole new segment.”


— Katie Branch, VP, Interprofessional Education

Want to find out what your market wants --- before they tell the competition?