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The following case studies highlight the kinds of
problems and questions faced by some of our clients, and
how Management Insight helped them find the answer.
Case Study One - New Channel
Validation Study
What was the problem?
The client was
considering taking their product to market using an
entirely new channel. But little was understood about
this new channel, and whether such a strategy was worth
further investment.
What did Management Insight do?
Management Insight recommended, designed, and
implemented a series of 4 focus groups consisting of
participants from the new potential channel. The
research explored the motivations and needs of this
potential new channel, as well as solicited feedback on
several alternative channel programs.
Results?
Based on this research, it was found that this new
channel had unique needs, and would be successful at
recommending these products, but would likely fail at
reselling them. As a result, the client completely
redesigned their approach and program for this new
channel.
Case Study Two - Global Market
Tracker
What was the problem?
The client needed to
measure, and track over time, preference and
consideration for their products and competitive
products. They also needed to understand the
factors driving consideration, preference, and
deployment of their products, as well as their top
competitor's products.
What did Management Insight do?
Management Insight recommended, designed, and
implemented an 8 country telephone-based tracker study
that is run once each year. This study captures
critical metrics, as well as identifies and analyzes
year-to-year trends. The study instrument also
gathers critical segmentation and 'locator' metrics,
which allows the client to identify and reach the most
vulnerable market segments.
Results?
This research enables the client to track market
trends, and the effectiveness of their marketing and new
product introductions on a global basis. They are able
identify and track the most critical attributes driving
consideration, preference, and deployment of theirs, and
their competitors' products. Armed with this
information, the client is able to identify the highest
priority areas for product development, as well as
design more effective go-to-market programs that
leverage strengths, and exploit competitor
weaknesses.
Case Study Three - Next
Generation Product Concept Test
What was the problem?
The client needed to
validate prototypes and concepts early in the
development cycle to understand if their next generation
product was compelling to real customers and
prospects.
What did Management Insight do?
Management Insight recommended, designed, and
implemented a series of focus groups in the US,
and abroad, to understand and validate critical pain
points in the product area, and measure how compelling,
relevant, and differentiated the next generation
concepts were with real customers and
prospects.
Results?
This research enabled the client to identify and
validate the most compelling concepts, and understand
which concepts needed more work, or didn't address
critical needs sufficiently. Having this
information early in the development cycle allowed the
team to react quickly and easily, before making the most
significant investments in engineering. The
research also allowed the client to identify the
critical deliverables for version 1, versus
functionality that could be saved for a later
release.
Case Study Four - Awareness,
Attitude, and Usage Study
What was the problem?
The client needed to
understand, measure, and track what was driving
awareness, attitudes, and usage of competitive products
among key customer audiences. They had key questions
such as: What
are customers’ levels of awareness, consideration, and
preference for these products? How do customers develop
their awareness, consideration, or preference? What are customer attitudes
on the key dimensions that drive their awareness,
consideration and preference? Is there a relationship
between awareness and attitude, and usage and
attitude?
How is this changing over time?
What did Management Insight do?
Management Insight recommended, modeled, designed,
and implemented a 7-country telephone based tracker
study. This study is executed once each year, and
gathers current measures, as well as analyzes
wave-to-wave trends. The study instrument also
includes many 'locator' metrics so that vulnerable
market segments can be identified and reached with
programs.
Results?
This research enabled the client to understand and
track critical market metrics of their top competitors,
identify the most vulnerable countries, markets, and
segments, and well as measure the effectiveness of their
marketing programs in disrupting the competition.
Case Study Five - Modeling
Decision Making Behavior
What was the problem?
The client needed to understand, model and simulate
the factors that drive product purchase decisions and
recommendations among their distribution channel
partners. While they had research
identifying the most important attributes among their
channel partners, they did not clearly understand which
level of these top attributes was optimal, and what
effect different levels would have on decision making
behavior.
What did Management Insight
do?
Management Insight recommended, modeled, designed,
and implemented a web-based conjoint study to identify,
model, and simulate the top attributes and attribute
levels affecting product decisions.
Conjoint Analysis is a powerful research technique
for understanding and simulating real-life
tradeoffs. Participants evaluate scenarios which
consist of collections of several attributes and
attribute levels. Conjoint Analysis allows you to
identify a set of “knobs”, and a set of levels for each
knob. And then understand which knobs and levels
drive behavior.
Qualitative focus groups and
depth interviews were conducted prior to the
quantitative study to identify the top attributes and
attribute levels, and to test the feasibility of
alternative conjoint designs.
Results?
This research enabled the client to identify the most
critical 'knobs' affecting preference and decision
making for their products, and which attributes channel
partners would trade off most often. The
research also provided the client with a market
simulation tool where they can experiment with different
go-to-market scenarios, and gauge the expected market
shift in preference share.
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