Wednesday, June 24, 2009

The value of concept testing - A great tool to launch new products

Concept testing is a marketing research technique typically used to predict the success of a new product idea before launch, normally involving the gathering of consumer's reactions to the basic idea of the product. If done correctly, concept testing can help you avoid false starts, fix misaligned positioning, avoid wasted production costs, and adjust your targeting strategy...
http://www.markitecture.com/innovation_insights/concept_testing.html

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