New Product Concept Standards
The key to successful new product evaluation
Having tested thousands of new product concepts over the past 45 years, we have developed some ideas about what works best.
You need to start with good new product concepts to end up with winning concepts that might make it to market. Focus groups and depth interviews
Concept standards are essential. Standards help achieve consistency from concept to concept
Without consistent concept standards, comparisons to historical concept tests or across current tests are largely meaningless. Also, the differences in concept standards (where standards exist at all) across companies mean that research firms’ normative databases are largely meaningless. Those firms’ norms are loaded with historical test results—all based on and biased by inconsistencies in concept style and execution across all the concept tests in their databases.
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A recommended best practice is to appoint a small committee so that the same two or three people review, edit, and approve all new product concepts. This tends to ensure consistency and adherence to your concept standards.
Download a pdf of our example concept standard.?For more guidelines and best practices, please read?Concept Testing (And The “Uniqueness” Paradox)?by Jerry W. Thomas.
ConceptScreen?: A proprietary, comparative system that allows you to screen and evaluate sets or batches of early-stage new product concepts. The system identifies concepts that are good enough to be developed further.
ConceptCheck?: A system designed to provide limited normative data and extensive verbatim diagnostics for early-stage new product concepts.
ConceptTest?: A comprehensive concept testing system that provides key data important to sales volume forecasting
Conceptor??volumetric forecasting models provide accurate and comprehensive estimates of year-one sales volumes.
Chief Executive Officer, Decision Analyst
1 年The secret to a great new product concept testing system. Jerry
It can't be overstated how important having a standardized process is when conducting concept testing, assuming you may want to compare results over time.