Concept development and testing
What
is it?
Concept
development and testing follows idea generation and screening in the new
product development cycle. A product concept is defined as a detailed version
of a product idea that is stated in meaningful consumer terms (Kotler &
Armstrong, 2012). After a product idea has been screened organisations look to
test the concept with groups of their target market, they look to gather
information on consumer reactions to a description of the product/service or to
visual representations of the product (McDaniel, Lamb & Hair, 2011).
Consumers are then asked questions on the product which help the organisation
evaluate which concept has the biggest appeal in terms of potential sales
(Kotler & Armstrong).
To the left is a product
positioning map [See Fig.1]. This model shows where in the market a certain
product would fall and this can lead on to show what the potential target
market would be. This example provided is for cars. Showing the price of the
car against the fuel economy provides us with which car would suit a different
area of the market.
Examples
One
example of an organisation which has undertaken concept testing is Lycra, who
undertook concept testing to evaluate customers wants with regard to new sport
fibre clothing. Lycrca asked questions regarding interest in the product, how
believable the organisations claims were, how different customers thought the
product was and how much customers thought the product would cost, this allowed
Lycra to evaluate possible consumer demand and purchase intention (Lycra 2008).
Another
example of an organisation that developed a concept and tested it in research
labs is Athletic Propulsion Labs, who claim to have made a basketball shoe that
allows athletes to jump significantly higher (APL, 2011). This shoe was banned
by the NBA, as it was judged to provide athletes with an ‘undue advantage’; the
owners claim that this serves as proof that their products work.
My
Concept
Having established in the idea screening stage
that my cone collecting idea was the one with the biggest potential I have
chosen to take that forward to testing and concept development. The product
name have been finalised as “Cone King”.
Concept
A – Picks up cones and acts as a stand but does not
distribute cones as this would cost more and be harder to develop.
Concept
B – Picks up cones and distributes them, this costs
more to develop but is a higher quality product with more uses.
Having tested both concept ideas with people in
the industry, including teachers and coaches, it is apparent that nearly all
people asked would prefer Concept B, even if it cost more money, as it has more
uses and would improve the overall coaching experience vastly.
Reference
List
APA,
(2011) “About us” Available at: http://www.athleticpropulsionlabs.com/about.html
(Accessed 24th November 2013)
Kotler,
P. & Armstrong, G. (2012) Principles of Marketing. 14th Edn.
London: Pearson Education.
Lycra (2008) “LYCRA SPORT Fabric”. Available
at: http://www.lycra.com/g_en/webpage.aspx?id=963 (Accessed 24th November 2013)
Mcdaniel, C.D.
Lamb, C.W. and Hair J.F. (2011) Introduction
to Marketing. 11th Edn. Ohio:
South-Western Cengage Learning.
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