In Part 1 of this topic (Testing the Overall Product/Service Concept), we looked at the very first stage of testing a product or service concept quantitatively: Testing its most rudimentary parameters, and gauging interest in that basic product or service among its target audience.
So let’s assume that you’ve tested the various new cornflakes flavors your client has been considering, via an online survey administered to 1,000 male and female adult consumers across the United States who currently eat cereal at least twice a week. According to your research findings, there is a definite interest in peanut butter-flavored and – surprise! – bacon-flavored cornflakes among these consumers; however, they express very little interest in the chocolate cornflake cereal that was being considered by your client. You’ve presented these findings to the client, and they’ve subsequently stated their willingness to consider manufacturing and marketing both the peanut butter and bacon flavors, given the high interest in both.