Rflct
Services

Innovation & Concepts

Concept development, product development and testing new offerings. From idea to market potential.

The Challenge

Many product launches fail because the concept was never tested against real willingness to pay and trade-offs. Focus groups provide qualitative signals but no quantification. Simple surveys miss that customers cannot rank what they want - they choose in context, under constraints. The result: products nobody asked for, at prices that don't work.

Who is it for?

Product managers, innovation teams and R&D leaders who want to move concept development from gut feeling to data-driven decision-making. Companies that need to quantify market potential before launch.

Our approach

We combine conjoint analysis with MaxDiff and concept testing in an integrated process. Conjoint reveals real trade-offs at individual level (HB estimation), MaxDiff identifies which attributes actually drive preference, and market simulation shows what happens at launch - including competitive response. We complement with price sensitivity analysis per concept so you know not just what is preferred, but what customers are willing to pay.

Deliverables

  • Concept scorecard with demand estimates
  • conjoint analysis with individual utility values
  • optimal feature configuration
  • price sensitivity analysis per concept
  • market simulations with competitive scenarios
  • go/no-go recommendations with economic impact analysis.

Interested?

Get in touch to discuss how we can help.

Contact us