How to identify the criteria impacting a consumer in his product or service choice.
EXPLAINING AND PREDICTING INDIVIDUAL’S CHOICES TO GUIDE YOUR DECISION
How to identify the criteria impacting a consumer in his product or service choice.
How to price this new offer
How to get a reliable ranking of my products when they are numerous.
The conjoint analysis helps to answer these questions!
Will the launch of this new packaging result in an increase of market shares?
Which advantages/services should be added to my loyalty program to improve the client satisfaction?
How to choose among dozens of alternatives?
The conjoint analysis helps to answer these questions!
How to evaluate the trade off between medical treatment efficiency and associated risks ?
What should be changed in my offer if my competitor lowers its prices?
My new service will help me retain my current customers or attract new ones.
In the world of conjoint analysis, simulators are the final tools for exploiting the models estimated using this methodology. They enable the effects of different levels of utility in relation to one another to be put into practice.
As part of our business activity, the development of a simulator follows simple but essential principles:
The CBC simulator is based on a two-part interface:
To see examples of CBC simulators in operation:
A Turf simulation involves including or excluding items from a basket of goods and measuring two indicators for the items included in the basket: the proportion of the target population concerned by at least one item in the basket (Reach) and the average number of items in the basket chosen by the target population (Frequency).
The TURF MaxDiff simulator also consists of two parts:
To see examples of TURF MaxDiff simulators in operation:
Please note that this TURF MaxDiff simulator can be adapted outside of MaxDiff for all multiple-choice situations that may be subject to TURF.