In today’s fragmented marketing environment, it is harder than ever to launch successful innovations. There are several criteria that lead to successful products, some of them are shown in the image below. Innovation isn’t important unless you want your business to survive. However, out of every 100 new consumer products that come to market, 80% to 90% fail. This results in retiring innovations from the market in only 12 months after market launch. Marketers and business owners are looking for options that help in minimizing the risk of failure and increase the probability of a successful launch of new products and services.
Insight Wells Research help companies to innovate, develop and launch successful products
Idea Generation Research
Product Benchmarking Research
Proposition Development Research
Shelf Stand-out Research
Pricing Research (PSM)(Choice Modeling)
Idea Screening Research
Product Preference Research
Concept Evaluation Research
Packaging Evaluation Research
Volume Estimation (STM)Research
Post-launch Tracking Research
How do clients benefit from our Innovation and Product Development solutions?