How do we position our product?

thinktank believes in integrated research and development. 

We often start working with clients during the pre-concept phase—conducting foundational research such as market sizing or segmentation analysis.

From there, we’ll conduct qualitative and quantitative concept testing such as focus groups and surveys.

After greenlighting, we’re often asked to do usability testing once the product is in a viable state.

Positioning and pricing testing are usually conducted in the last stages.

Their impact should not be overlooked, as positioning and pricing can radically affect the consumer reception of a product.

Background

Our client was a startup, launching a product in a very nascent category. We had already conducted significant research—identifying the target audience and interest in the product.

The product was premium priced, suggesting that there might be significant price sensitivity, and positioning was critical.

Their advertising agency had developed three distinct positioning themes and wanted to evaluate them.  

Goal

Determine optimum product positioning

Methodology

The positioning study used a monadic survey approach.

  • We divided the N=1,500 survey audience into three cells of N=500.
  • Each cell of consumers only saw one positioning theme.  
  • Then, they were asked to evaluate the product on various attributes such as: overall appeal, purchase intent, key attributes (e.g., powerful, interactive, user-friendly), intent to purchase.
  • Each cell’s specific findings were compared with the other cells. One specific theme was ultimately selected based on these metrics.

Result

Product positioning that met the needs of the target audience, resulting in a successful product launch

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