Feedback plays a crucial role in iterative design processes by providing insights into user experiences and preferences. It allows designers and developers to gauge how well their products meet user needs and expectations. Continuous feedback enables teams to make real-time adjustments, enhancing usability and functionality over successive iterations. This iterative approach fosters innovation and improvement, as teams can quickly identify issues and develop solutions before the final release. Ultimately, incorporating user feedback is essential for creating products that resonate with their audience and deliver greater satisfaction.