Home Placement Archives - MarketGenics https://marketgenics.co/tag/home-placement/ Best Market Research Company Wed, 07 Aug 2024 10:06:49 +0000 en-GB hourly 1 https://wordpress.org/?v=6.6.2 https://marketgenics.co/wp-content/uploads/2021/01/icon.png Home Placement Archives - MarketGenics https://marketgenics.co/tag/home-placement/ 32 32 Product Test – Noodles of a Reputed Brand vs. Competition https://marketgenics.co/2024/08/product-test-noodles-of-a-reputed-brand-vs-competition/ Wed, 07 Aug 2024 09:04:05 +0000 https://marketgenics.co/?p=13198 Product Test – Noodles of a Reputed Brand vs. Competition Unveiling Consumer Preferences: A Comprehensive Noodles Product Test – CLT in a Home Placement Format In today’s competitive food business, understanding consumer preferences is critical for brands looking to stay ahead. MarketGenics recently conducted a comprehensive product test to acquire a better understanding of consumer behavior, particularly with regard to noodles of a reputed brand, which are a household staple. This exam used a Central Location exam (CLT) in a Home Placement format to ensure that the information acquired was trustworthy and representative of real-world experiences. Here’s a closer look at how we carried out this experiment:   Why use CLT in a home placement format? The Central Location Test (CLT) is a well-known way of getting instant consumer input in a controlled setting. However, when combined with a Home Placement approach, it provides for a more authentic review, especially when the product needs to be cooked and served. This method not only captures the initial reactions but also offers more information about how the product functions in a real-world situation, where consumers make judgments based on their unique tastes and daily routines. Target Demographics: Ensuring a Representative Sample To ensure our findings were representative, we carefully selected a diverse group of 200 participants, consisting of both males and females aged 18 to 35 years. These participants came from socio-economic classes A and B (SEC A/B), reflecting a wide range of consumer profiles. This demographic is particularly relevant as it includes the key decision-makers/consumers in household purchases, especially for grocery items like noodles. The product test was conducted in varied centers of Delhi and Bangalore. Creating a Real-Life Testing Environment For the Home Placement component of the test, we created an appropriate kitchen condition. This allowed our staff to prepare the noodles and serve it to the consumers hot as they would in their daily lives. We assured that the feedback we received was genuine and reflective of the product’s performance in a typical household environment. Methodology: Monadic Sequential & Blind Format To avoid potential biases and ensure that feedback was exclusively focused on the product’s attributes, we used a Monadic Sequential method. This method had participants evaluate each noodle product one at a time, in a random order. Importantly, the test was conducted in a blind format, which meant that participants were unaware of the brand identities during the evaluation. This method is crucial for removing brand bias and ensuring that feedback focuses solely on taste, texture, scent, and overall satisfaction. Qualitative Insights Through In-Depth Interviews After the tasting, our researchers conducted Qualitative Semi-structured Interviews with the participants. These interviews gave an opportunity for participants to express their own thoughts and experiences. They evaluated flavor, texture, taste, mouthfeel, aftertaste while comparing the many noodle brands they tried. The semi-structured approach of these interviews allowed us to delve deeply into specific topics while also allowing participants to freely express their ideas. This technique allowed us to acquire a more accurate picture of not only what the participants liked or disliked, but also the reasons for their preferences. Conclusion: Leveraging Insights for Strategic Advantage The qualitative insights gained from the in-depth interviews enabled us to go deeper into the reasons for these preferences, providing our client with actionable data that will help guide their future efforts. At MarketGenics, we believe that such deep consumer insights are vital in assisting brands to make effective decisions in an increasingly competitive industry. Understanding what genuinely matters to consumers allows firms to better customize their offerings to market demands and stay ahead of the competition. If you’d like to learn more about how MarketGenics can help your brand with similar in-depth customer research, please contact us. Our team is available to help you make strategic decisions using data-driven insights. https://youtu.be/aH9Wnkfld1Q?si=Ptkk-yKE8xFLvhYK

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Product Test -
Noodles of a
Reputed Brand vs. Competition

Unveiling Consumer Preferences: A Comprehensive Noodles Product Test - CLT in a Home Placement Format

In today’s competitive food business, understanding consumer preferences is critical for brands looking to stay ahead. MarketGenics recently conducted a comprehensive product test to acquire a better understanding of consumer behavior, particularly with regard to noodles of a reputed brand, which are a household staple. This exam used a Central Location exam (CLT) in a Home Placement format to ensure that the information acquired was trustworthy and representative of real-world experiences. Here’s a closer look at how we carried out this experiment:

Product Test - Noodles of a Reputed Brand Vs Competition

 

Why use CLT in a home placement format?

The Central Location Test (CLT) is a well-known way of getting instant consumer input in a controlled setting. However, when combined with a Home Placement approach, it provides for a more authentic review, especially when the product needs to be cooked and served. This method not only captures the initial reactions but also offers more information about how the product functions in a real-world situation, where consumers make judgments based on their unique tastes and daily routines.

Target Demographics: Ensuring a Representative Sample

To ensure our findings were representative, we carefully selected a diverse group of 200 participants, consisting of both males and females aged 18 to 35 years. These participants came from socio-economic classes A and B (SEC A/B), reflecting a wide range of consumer profiles. This demographic is particularly relevant as it includes the key decision-makers/consumers in household purchases, especially for grocery items like noodles. The product test was conducted in varied centers of Delhi and Bangalore.

Product Test - CLT in a home placement format

Creating a Real-Life Testing Environment

For the Home Placement component of the test, we created an appropriate kitchen condition. This allowed our staff to prepare the noodles and serve it to the consumers hot as they would in their daily lives. We assured that the feedback we received was genuine and reflective of the product’s performance in a typical household environment.

Methodology: Monadic Sequential & Blind Format

To avoid potential biases and ensure that feedback was exclusively focused on the product’s attributes, we used a Monadic Sequential method. This method had participants evaluate each noodle product one at a time, in a random order. Importantly, the test was conducted in a blind format, which meant that participants were unaware of the brand identities during the evaluation. This method is crucial for removing brand bias and ensuring that feedback focuses solely on taste, texture, scent, and overall satisfaction.

Qualitative Insights Through In-Depth Interviews

After the tasting, our researchers conducted Qualitative Semi-structured Interviews with the participants. These interviews gave an opportunity for participants to express their own thoughts and experiences. They evaluated flavor, texture, taste, mouthfeel, aftertaste while comparing the many noodle brands they tried.

The semi-structured approach of these interviews allowed us to delve deeply into specific topics while also allowing participants to freely express their ideas. This technique allowed us to acquire a more accurate picture of not only what the participants liked or disliked, but also the reasons for their preferences.

Conclusion: Leveraging Insights for Strategic Advantage

The qualitative insights gained from the in-depth interviews enabled us to go deeper into the reasons for these preferences, providing our client with actionable data that will help guide their future efforts.

At MarketGenics, we believe that such deep consumer insights are vital in assisting brands to make effective decisions in an increasingly competitive industry. Understanding what genuinely matters to consumers allows firms to better customize their offerings to market demands and stay ahead of the competition.

If you’d like to learn more about how MarketGenics can help your brand with similar in-depth customer research, please contact us. Our team is available to help you make strategic decisions using data-driven insights.

The post Product Test – Noodles of a Reputed Brand vs. Competition appeared first on MarketGenics.

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Product Test: Evaluating Skincare Innovations for a Leading Cosmetics Brand https://marketgenics.co/2024/07/product-test-for-a-leading-cosmetics-brand/ Wed, 17 Jul 2024 07:13:48 +0000 https://marketgenics.co/?p=12970 Product Test: Evaluating Skincare Innovations for a Leading Cosmetics Brand MarketGenics’ Success Story: Product Test for a Leading Cosmetics & Skincare Brand Detailed testing and customer feedback are frequently part of the process of producing skincare products of the highest quality. To test four of their skincare products, a leading cosmetics & skincare brand,  known for their commitment to quality, went on a similar journey with MarketGenics. The objective was unambiguous: the products were to be ranked and rated according to customer assessments in order to gather the information needed to make future marketing decisions and refine the products. Objectives of the Product Test The primary objective of this product test research was to assess consumer evaluation in several critical areas: Physical Attributes: How do consumers perceive the look and feel of the product? Sensorial Experience: What is the sensory impact of the product on the user? Uniqueness: How unique is the product compared to others in the market? Purchase Intention: Are consumers willing to buy the product? Ultimately, the study aimed to determine the overall product acceptability (a “Go – No Go” decision) and gather cues for any necessary fine-tuning.  There were 4 products to be tested on the basis on the above parameters. Methodology: Monadic Sequential Evaluation MarketGenics used a robust methodology called Monadic Sequential evaluation approach, which enables the same respondent to test each product separately and provide thorough and objective feedback. Execution of the Study Sampling and Interviews: Sample Size: A total of 140 Quantitative Semi-structured interviews were conducted. Interview Format: All interviews were conducted by MarketGenics’ trained interviewers using an online link in a home test format. Product Distribution: Test Samples: The four skincare products were sent to respondents’ homes for them to use and evaluate over a specified period. Data Collection and Analysis: Respondents provided feedback through structured questionnaires that captured their experiences and opinions on the products’ physical attributes, sensorial impact, uniqueness, and purchase intentions. Findings and Insights Our client gained significant insights into their products from the thorough feedback that was gathered from the respondents. Which products needed more fine-tuning and which were ready for market introduction were disclosed by the data. The methodical methodology made sure the input was trustworthy, actionable, and comprehensive. Conclusion By utilizing their knowledge of consumer behavior and market research, MarketGenics was able to carry out the product test for our cleint with success. Clear, actionable insights that would aid the brand in making decisions regarding their product lineup were obtained thanks to the methodical approach and meticulous implementation. This partnership demonstrated MarketGenics’ dedication to providing top-notch market research services in addition to highlighting the skincare products’ advantages and potential areas for development. By giving companies like this reputed cosmetics & skincare brand, the information they require to meet and surpass customer expectations, MarketGenics has once again shown through this study that they can drive product excellence.

The post Product Test: Evaluating Skincare Innovations for a Leading Cosmetics Brand appeared first on MarketGenics.

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Product Test:
Evaluating Skincare Innovations
for a Leading Cosmetics Brand

MarketGenics' Success Story: Product Test for a Leading Cosmetics & Skincare Brand

Detailed testing and customer feedback are frequently part of the process of producing skincare products of the highest quality. To test four of their skincare products, a leading cosmetics & skincare brand,  known for their commitment to quality, went on a similar journey with MarketGenics. The objective was unambiguous: the products were to be ranked and rated according to customer assessments in order to gather the information needed to make future marketing decisions and refine the products.

Product Test - Cosmetics and SkinCare Brand

Objectives of the Product Test

The primary objective of this product test research was to assess consumer evaluation in several critical areas:

  • Physical Attributes: How do consumers perceive the look and feel of the product?
  • Sensorial Experience: What is the sensory impact of the product on the user?
  • Uniqueness: How unique is the product compared to others in the market?
  • Purchase Intention: Are consumers willing to buy the product?

Ultimately, the study aimed to determine the overall product acceptability (a “Go – No Go” decision) and gather cues for any necessary fine-tuning. 

There were 4 products to be tested on the basis on the above parameters.

Methodology: Monadic Sequential Evaluation

MarketGenics used a robust methodology called Monadic Sequential evaluation approach, which enables the same respondent to test each product separately and provide thorough and objective feedback.

Execution of the Study

  1. Sampling and Interviews:

    • Sample Size: A total of 140 Quantitative Semi-structured interviews were conducted.
    • Interview Format: All interviews were conducted by MarketGenics’ trained interviewers using an online link in a home test format.
  2. Product Distribution:

    • Test Samples: The four skincare products were sent to respondents’ homes for them to use and evaluate over a specified period.
  3. Data Collection and Analysis:

    • Respondents provided feedback through structured questionnaires that captured their experiences and opinions on the products’ physical attributes, sensorial impact, uniqueness, and purchase intentions.

Findings and Insights

Our client gained significant insights into their products from the thorough feedback that was gathered from the respondents. Which products needed more fine-tuning and which were ready for market introduction were disclosed by the data. The methodical methodology made sure the input was trustworthy, actionable, and comprehensive.

Conclusion

By utilizing their knowledge of consumer behavior and market research, MarketGenics was able to carry out the product test for our cleint with success. Clear, actionable insights that would aid the brand in making decisions regarding their product lineup were obtained thanks to the methodical approach and meticulous implementation. This partnership demonstrated MarketGenics’ dedication to providing top-notch market research services in addition to highlighting the skincare products’ advantages and potential areas for development.

By giving companies like this reputed cosmetics & skincare brand, the information they require to meet and surpass customer expectations, MarketGenics has once again shown through this study that they can drive product excellence.

The post Product Test: Evaluating Skincare Innovations for a Leading Cosmetics Brand appeared first on MarketGenics.

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