RESEARCH GOAL: evaluating the chance of a product's success on the market
This research concentrates on the following:
1. Defining the degree to which a product satisfies needs. This research is conducted by constructing a scale of needs satisfaction and identifying the opportunities for satisfying needs on the market in general.
2. Positioning the product on the market by:
- market segmentation of products by strategic traits,
- identification of the weaknesses and strengths under various product positioning,
- product positioning on the consumers' mental map.