Concept Testing In New Product Development
What is Concept testing in new product development?
Concept testing in new product development is a crucial step in ensuring the success of a new product. It involves gathering feedback from potential customers to determine their interest, preferences, and opinions about a product idea before it is fully developed and launched.
What are the types of Concept testing in new product development?
There are three main types of concept testing in new product development: 1. Exploratory concept testing - to gauge initial reactions and gather general feedback. 2. Comparative concept testing - to compare multiple concepts and determine which one is preferred by the target audience. 3. Validation concept testing - to validate the concept with a larger sample size and ensure its viability.
How to complete Concept testing in new product development
To successfully complete concept testing in new product development, follow these steps: 1. Define clear objectives for the testing process. 2. Select the appropriate type of concept testing based on your goals. 3. Develop clear and concise concepts to present to the target audience. 4. Gather feedback through surveys, focus groups, or interviews. 5. Analyze the results and make informed decisions based on the feedback received.
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