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PRODUCT RESEARCH


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.
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