Consumer and Product. Research

Слайд 2

Key Questions to Address through Consumer Research

Product and Innovation Research
What are the

Key Questions to Address through Consumer Research Product and Innovation Research What
needs of our current and potential consumers?
What solutions (i.e. product or service) can we imagine to meet those needs?
Which of these imagined solutions should we develop into products?
How should we market those products to current and potential consumers?

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Where does Innovation come from?

Consumer Need

Market Opportunity

Technology Breakthrough

Innovation is a process, not

Where does Innovation come from? Consumer Need Market Opportunity Technology Breakthrough Innovation
luck

Responding to consumer need leads to innovation

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Generalized Product Innovation Research and Development Plan

Concept Development
In conjunction with Brand /

Generalized Product Innovation Research and Development Plan Concept Development In conjunction with
Product managers, develop conceptual offer that responds to category needs of target consumers

Conceptual Testing
To gauge consumer response to conceptual offerings and mixes of different attributes; prioritize before actual product development

Product Marketing Development
To develop and test messaging for Product Marketing efforts including go-to-market advertising

Product Testing
To gather feedback on actual product or prototype performance on basis of specific attributes; design, taste, inhalation experience, usability, etc.

Consumer Ethnographies
To develop basic understanding of category consumers, how they differ from each other, and their category needs

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Key Questions to Address through Consumer Research

Consumer Research
Who are our consumers?

Key Questions to Address through Consumer Research Consumer Research Who are our
Who else is in our addressable market?
How should we think about separate groups in our addressable market? What segments of addressable market should we prioritize?
How do our target segments make purchase decisions? At what touch point along their purchase journey can we influence them? How can we influence them?
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