Quantitative Tools & Advanced Analytics
Tools
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Audience Profiling
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Attitude & Usage
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Awareness (Ads, PR campaigns, Brand updates, Policy changes etc.)
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Brand Perceptions
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Communication Highlights
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Concept/ Idea Test
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Journey
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Feature Prioritization
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Message Refinement
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Naming Evaluation
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Needs Assessment
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Payment Plan Optimization
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Price Sensitivity
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Product Placement
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Satisfaction
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Segmentation
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UI/UX
Advanced Analytics
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Cluster, latent class factor analysis for segmentation to define target audience and personas
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Discrete Choice Modeling, MaxDiff, TURF to optimize bundles, by audience:
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Product line
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Features
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Pricing
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Use cases
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Jobs to be done to build needs hierarchy and use cases, MaxDiff or TURF analysis to prioritize them
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Predictive modeling to measure market size for category, product (via proven forecasting models) including cannibalization
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Regression and correlation analysis to identify drivers of purchase, consideration, trust, etc.
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Sentiment analysis to assess brand or product feedback in customers’ own words
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Simulations: Models complex systems and predicts outcomes under different scenarios
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Structural Equation Modeling (SEM) to find brand/ category drivers
Quantitative Tools & Advanced Analytics
-
Audience Profiling
-
Attitude & Usage
-
Awareness (Ads, PR campaigns, Brand updates, Policy changes etc.)
-
Brand Perceptions
-
Communication Highlights
-
Concept/ Idea Test
-
Journey
-
Feature Prioritization
-
Message Refinement
-
Naming Evaluation
-
Needs Assessment
-
Payment Plan Optimization
-
Price Sensitivity
-
Product Placement
-
Satisfaction
-
Segmentation
-
UI/UX
Tools
Advanced Analytics
-
Cluster, latent class factor analysis for segmentation to define target audience and personas
-
Discrete Choice Modeling, MaxDiff, TURF to optimize bundles, by audience:
-
Product line
-
Features
-
Pricing
-
Use cases
-
-
Jobs to be done to build needs hierarchy and use cases, MaxDiff or TURF analysis to prioritize them
-
Predictive modeling to measure market size for category, product (via proven forecasting models) including cannibalization
-
Regression and correlation analysis to identify drivers of purchase, consideration, trust, etc.
-
Sentiment analysis to assess brand or product feedback in customers’ own words
-
Simulations: Models complex systems and predicts outcomes under different scenarios
-
Structural Equation Modeling (SEM) to find brand/ category drivers