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Applications

Product planning questions:
  • Which mix of product features and pricing will maximize market potential?
  • Which additional features or quality upgrades will improve product acceptability at the same or higher price?
  • What reductions in product costs and features can be made with minimum loss of sales?
  • How many alternative models will most effectively cover the target market segments?
  • What are the likely impacts of competitive new products?
Market and distribution planning questions:
  • Which customer segments offer the best potential for different products?
  • How does the presence or absence of various competitive products affect the potential in different market segments?
  • What are the key factors in servicing/supporting the distribution channels?
Pricing questions:
  • How does the market segment by price?
  • Within each segment, which features are price-sensitive?
  • How should new products or optional features be priced?