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Background
The procedure as describes is recommended for major brands only, which;
* Structurally suffer in maintaining market share viz competition.
* Development programs do not result in (re) gaining of (lost) market share.
* Insufficient understanding of underlying market dynamics.
The procedure for preparing a product development brief contains three phases;
Phase I is the execution of two market research studies in parallel; Brand- and
Product Mapping. The results of both studies form the input for Phase II.
Phase II is the identification of product-market combinations. Out of that, the
product development brief of the brand under development is drafted.
Phase III is the definition of the scope and boundaries for the product
development brief of the brand under development (Controlled Situation
testing).
By using statistical techniques such as cluster- and factor analyses, the most
important product dimensions will be highlighted. The brands under study will
be positioned in the ideal product segments thereby defined, so, to identify
opportunities for product improvement. Moreover, a validated set of category
specific product attributes, to be used in further product testing, is developed.