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Conjoint Analysis

The MarkeTech Group provides Conjoint Analysis as an analytical technique meant to capture the decision making process of customers, who typically trade-off one product feature (attribute) against another.
The result of Conjoint Analysis shows the importance of each product attribute. Using a computerized simulator, simPRO, conjoint can guide initial product development, a go-to-market strategy, and/or steer product pricing decisions.

Conjoint Analysis Allows You To:

  • Assess design concepts
  • Understand price sensitivity
  • Measure effectiveness of promotion
  • Guide product development