Prioritization Options
Not all companies are the same, and Feedback Studio was developed with this in mind. With our platform, you can choose how you want to prioritize your feedback from our range of options.
The Pro plan options are all customizable - so you can pick and choose which to show. Learn more about this in our Customization doc.
Votes
Votes are a way of measuring feedback in terms of the number of companies that have asked for it. Votes aggregate, which can help you quickly identify the most common pain points and requests.
MRR (Monthly Recurring Revenue)
Keep track of the value of each feedback with MRR. Assign a monthly spend to each company, and watch the MRR total on feedback grow as companies vote.
The MRR tied to a feature is the aggragated total of the monthly spends of all companies who have requested a feature.
For example, if you have 20 votes on a piece of feedback and each of those companies pay you $50 a month, the MRR for that feature will be $1000. You may have another piece of feedback with only 8 votes, but higher-paying companies want it, and its MRR totals $10k.
This allows you to not just calculate value by number of votes, but by the value of those votes. Generally, users who pay more have more sway on future iterations to your product.
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OKR AlignmentStrategic alignment is crucial, and your feedback should reflect this. Feedback Studio allows you to track how closely certain feedback aligns with company objectives and key results (OKRs).
In Custom Settings you can set up four OKRs relevant to your company. Then, move the sliders to show how much a piece of feedback aligns with these goals.
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Moscow RatingMoscow Rating is a valuable tool for prioritization. It helps you categorize feedback based on the Must-haves, Should-haves, Could-haves, and Won't-haves framework.
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Rice ScoringConsidered an essential tool in Product Management, Rice Scores are a way to evaluate and prioritize tasks based on Reach, Impact, Confidence, and Effort. By enabling Rice Scoring, you can use this methodology within Feedback Studio.