Potential analyses
Testing innovations on their market success
Potential analyses are quantitative-based and test how your product or service innovation will actually be received. We initially survey the necessary terms of use by means of differentiated screening. These terms of use (such as product requirements, brand affinity, product acceptance) are systematically operationalised and the validated potential is offset against the readiness to use with different price settings, taking into account former patterns of use (such as openness to innovation, innovation user). The individual stages of potential are finally transferred into a logical hierarchy, which can then be presented in a funnel illustration. Here, the validation is the real challenge. To avoid underestimating user potential, tact and sound knowledge of the market is required.
This therefore gives reliable sales forecasts on a representative basis. At the same time, it is possible to create a detailed profile of the target audience for the concept; an important input for subsequent marketing activities in the roll-out.