Gain insight into the success rate of your concept through concept research

You have a concept and you have defined your target group, but how many people will actually buy your product or visit your attraction? The willingness to purchase a product or visit an experience often depends on unique characteristics, expectations, and perceptions of the concept itself.

Concept research provides insight into these dynamics by analyzing how target groups respond to specific concept characteristics and which factors influence their choices. This allows opportunities, possibilities, and potential obstacles to be identified at an early stage.

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Clear insight into the market acceptance of your concept within the target group

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Practical tips for reaching your target audience optimally and efficiently

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Detailed insight into price elasticity and how your target group responds to price changes

How is a concept study conducted?

Concept research can be conducted in various ways, depending on the objectives and the desired level of detail. For example, quantitative research (online or otherwise) can be used to gain insight into how well a concept resonates with the target group and to what extent there is interest and intention to use it.

Another approach within concept research is qualitative research, for example through in-depth interviews or an online community. This can be used to gather detailed feedback on specific elements of the concept, such as ease of use, appearance, or unique features. Qualitative research can be a valuable addition to quantitative analyses by providing more insight into the underlying motivations, barriers, and perceptions of the target group.

Sometimes qualitative research is conducted in preparation for broader quantitative research, so that the concept can be further refined before it is tested on a large scale. We are happy to help you decide on the right research method!

Market acceptance

How is the concept received by the target group and how likely is it to be successful in the market?

Price elasticity

To what extent do price changes influence consumers' willingness to purchase the product or service?

Purchase intent

How strong is the target group's intention to actually make a purchase?

Product associations

What feelings, expectations, and images does the concept evoke in the target group, and how do these align with the desired brand positioning?

How does Markteffect make concept Markteffect unique?

We have access to a consumer panel of over 220,000 respondents. This allows for extensive selections and ensures that we can approach your specific target group.

Prior to a concept study, we are happy to work with you to determine the best design for the study. Questions that are discussed include 'which research questions need to be answered', 'how the target group should be defined' and 'when a study is considered successful in the eyes of the client'.

We don't just do what you ask us to do; we want to really understand your research question before we get started. By listening carefully to you, analyzing your question, and only then giving advice, we ensure relevance. Because that's what really matters. With more than 30 years of experience, we know the market inside out. This helps us understand what you need from us. As a result, we are happy to provide you with appropriate advice. We use a proven approach for this, in which cooperation with our clients is central.

What are the benefits of concept research?

A concept study provides insight into the crucial product values and characteristics that play a decisive role in consumers' decisions to choose your product or service. It helps you determine the extent to which your concept meets the wishes, needs, and expectations of the target group.

In addition, concept research provides valuable information about the strengths of the concept and possible areas for improvement. It helps to identify any obstacles or barriers in the user experience, allowing you to make adjustments in a timely manner. This leads to a better-tailored offering that is not only more attractive to the target group, but also increases the chances of success in the market.

See what Markteffect can do for you:

Contact

At Markteffect , we Markteffect hard to gather data and insights through qualitative and quantitative research from our offices on Herengracht in Amsterdam.

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Research methods

Curious about the methods available to answer your research question? Then you've come to the right place. View an overview of all our research methods here.

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Usage & attitude

A usage and attitude survey provides insights into the orientation, purchase, and use of a product (category) among a selected target group. What does...

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Target group panels

To make optimal use of online research, it is important to be able to reach your target group effectively. Markteffect consumer panels, youth panels, and other tools for this purpose.

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Knowledge base

Market research is used in many fields, and it is easy to get lost in the jargon. Have you come across a term you don't know? Take a closer look at what it means here...

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Campaign pre-test

A campaign pre-test is extremely valuable in determining in advance whether the approach of a campaign will strike the right chord with your target group. Will the target group respond to the message...

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Similar cases

To give you a good idea of how market research works in practice and what it can do for you, we've put together a few cool case studies. You might recognize some of the issues, because you've probably come across them in your own organization.

needs assessment research:GoodLife Foods

Customer satisfaction survey forTReNT Fiber Optics

Public survey: Brabant-C

Concept research:
ZODIAC the musical

Frequently asked questions

What is a concept study?

Concept research provides insight into these dynamics by analyzing how target groups respond to specific concept characteristics and which factors influence their choices. This allows opportunities, possibilities, and potential obstacles to be identified at an early stage.

How is a concept study conducted?

Concept research can be conducted in various ways, depending on the objectives and the desired level of detail. For example, quantitative research (online or otherwise) can be used to gain insight into how well a concept resonates with the target group and to what extent there is interest and intention to use it.

What are the benefits of concept research?

A concept study provides insight into the crucial product values and characteristics that play a decisive role in consumers' decisions to choose your product or service. It helps you determine the extent to which your concept meets the wishes, needs, and expectations of the target group.

In addition, concept research provides valuable information about the strengths of the concept and possible areas for improvement. It helps to identify any obstacles or barriers in the user experience, allowing you to make adjustments in a timely manner. This leads to a better-tailored offering that is not only more attractive to the target group, but also increases the chances of success in the market.

How do I choose a market research agency?

A market research agency must be a good fit for your needs, but also for your company. We have a checklist of the important variables you should pay attention to.

Click here to download it.

Who is Markteffect?

Markteffect is a strategic market research agency that serves as a one-stop shop for its clients. From our offices in the center of Eindhoven and on Herengracht in Amsterdam, our team of over 120 professionals works daily to uncover the most relevant data and insights for a wide range of clients.

We are part of The Relevance Group. The Relevance Group consists of several international agencies, each with its own specializations in market research, data science, marketing technology, and AI.

Read more here

<p>Hans <span>de Jong</span></p>

Hans de Jong

Client Consultant