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When
an understanding is required on how customers makes
trade-offs and selections with respect to such things as
product features, configurations, or packaging, the most
appropriate research solution will be a conjoint study. The
goal of a conjoint study is to obtain specific values to the
range of options buyers consider when making a purchase
decision. Armed with this knowledge, marketers can simulate
various market scenarios. The scenarios uncover the most
important feature combinations of products or services,
while helping design the most effective messages that will
resonate with target buyers. As with quantitative surveys,
IntelliClear uses the same three phased methodology for
conjoint studies to ensure actionable and optimized results.
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