Analyzing user feedback involves several steps: 1. Categorization: Group feedback into categories such as features, usability, and performance. 2. Prioritization: Determine which feedback items are most critical to address based on factors like frequency and impact. 3. Sentiment Analysis: Use tools to gauge the overall sentiment (positive, negative, neutral) of the feedback. 4. Actionable Insights: Extract actionable insights that can be implemented to improve the product or service.