
New
Product/Services Development and Feasibility Studies
Vernon
Research Group is well known for expertise in testing
customer receptiveness to new products, ideas, concepts,
and features. In addition to more traditional approaches,
at Vernon Research Group we expertly implement the
leading edge conjoint analysis tool. This methodology
is highly effective in defining optimal feature bundles
or best pricing strategies for emerging products and
line extensions.

Image
and Advertising Studies
Determining
the most compelling advertising message, as well as
the effectiveness of advertising in various media,
is critical to successful marketing. In addition,
studies of brand recognition, awareness and preference
can provide insights relevant to product positioning
and competitive challenges.

Customer Satisfaction and Preferences
Studies
Product
or service satisfaction can be measured against customer
expectations. Beyond initial findings, results may
be used to develop indexes that establish benchmarks,
track performance, and report achievement over time.
This type of study could be helpful in establishing
performance pay baselines, for example.

Competitive Analyses
Gaining
valuable insights on competitors is extremely useful
in developing products, programs, and services. Vernon
Research Group designs studies that assess customer
satisfaction levels, awareness levels, and overall
perceptions of competitors. Pinpointing competitors'
weaknesses helps identify market opportunities. This
type of study is also useful when developing strategic
marketing messages that can emphasize a product’s
strength over a competitor's weakness, real or perceived.

Employee Attitudes and Opinions Studies
Companies
facing organizational changes and challenges can benefit
from research on internal issues conducted by an objective
outside party. Vernon Research Group is experienced
in defining issues objectively, as well as in diplomatically
protecting employee confidentiality. We specialize
in eliciting candid views from study participants,
and converting this information to drive meaningful
messages in various communications, training programs,
and human resource initiatives.

Business Forecasting/Trend Analyses
Predicting
where markets will move in the future. Companies best
prepared for the future are those who most accurately
forecast industry trends. Vernon Research Group is
helping their partners assess the impact and potential
opportunity of new technologies, use of the Internet,
population increases in the 55+ age bracket, and various
other factors affecting market niche now and for the
future. In addition, we use multivariate statistics
to analyze data a company has collected over time,
to identify annual and seasonal trends and predict
future directions.

Customer Profiling and Identification
of Target Markets
When
defining target markets, our clients rely on us to
develop profiles of potential customers or likely
purchasers. We collect the appropriate demographic
and psychographic information, and then apply a suite
of statistical methods to discover the characteristics
of those with propensity to buy.
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