Market New Products Successfully
eBook - ePub

Market New Products Successfully

Using Simulated Test Market Technology

  1. English
  2. ePUB (mobile friendly)
  3. Available on iOS & Android
eBook - ePub

Market New Products Successfully

Using Simulated Test Market Technology

About this book

Innovation remains an arduous and painful process for many companies, doing untold damage to brands, profitability, and careers. Some have used line extensions to mitigate risk, but all too often they have ended up extending the core brand into oblivion. Others have used test markets to help gauge opinion before a national rollout, only to have competitors snatch ideas and undermine results. Given the problems with conventional approaches, it's not surprising that 90% of new products and services fail.

Market New Products Successfully is the definitive guidebook for using simulated test marketing (STM), a technology that can help companies dramatically improve the odds of introducing a successful new product or service. The book examines why STM is important, what the differences are between the major systems, how to do a simulation, and what insights it offers a marketing plan. It is the ultimate guidebook for any smart marketer looking to improve the financial outcome of the innovation process.

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Yes, you can access Market New Products Successfully by Kevin J. Clancy,Peter C. Krieg,Marianne McGarry Wolf in PDF and/or ePUB format, as well as other popular books in Business & Business General. We have over one million books available in our catalogue for you to explore.

Information

Year
2006
eBook ISBN
9780739157510
Edition
0

Table of contents

  1. Cover
  2. Half title
  3. Title
  4. Copyright
  5. Contents
  6. List of Figures
  7. Acknowledgments
  8. 1 Why New Products Fail
  9. 2 Why Test Marketing Fails
  10. 3 The Origins of Simulated Test Marketing
  11. 4 How the Major STM Systems Compare
  12. 5 Mathematical Modeling Marries STM: The Discovery and Litmus Models
  13. 6 Inputs for a Simulated Test Marketing Model
  14. 7 Diagnostic Tools to Improve a Marketing Plan
  15. 8 The First Door to Success: Forecasting Awareness
  16. 9 How to Find the Best Media Weight and Schedule
  17. 10 Measuring the Effects of DTC Campaigns
  18. 11 Toward Marketing Plan Optimization
  19. 12 From the Back of an Envelope to a Marketing Navigation Station
  20. Technical Appendix
  21. Index
  22. About the Authors