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Segmentation Studies
Mass marketing of products is essentially a thing of the past. Today, niche marketing is the norm. Products are targeted to specific groups of consumers that share a certain set of parameters: beliefs, lifestyles, attitudes, demographic make-up, product/service usage. Through performing segmentation studies that utilize methods like cluster and factor analysis, PMR Research is able to identify the specific groups that offer the most overall potential to you. Developing profiles of these clusters of consumers then helps you and your marketing firm formulate marketing strategies. This, in turn, helps you strengthen your brand's identity or your company's customer base.

Concept & Product Tests
What's unique about your product or service? What differentiates it from the competition? Discovering what your product has going for it in the marketplace and communicating that difference to the customer is the secret to a successful product or service. Even a terrific new product can disappear quickly from the marketplace when it is improperly positioned. PMR Research performs tests that help you evaluate potential new products or services as to their viability and the marketing approach that should be used for their launch. Areas where products fail to meet expectations can be identified and corrected before countless dollars have been spent. Also, marketshare can be estimated based on your product's trial and repeat purchase potential.

Advertising Effectiveness Analysis
Tracking the effectiveness of advertising and promotional campaigns is another popular service of PMR Research. We thoroughly review consumer recognition and comprehension of advertising, the strength of advertising wear-out, and the effect the campaign has on the company's image in terms of brand equity measures, such as consumer awareness and saliency, brand momentum, product differentiation and acceptance. The combined results of these studies will illustrate to you how memorable the campaign was to your customer as well as if it positively impacted their behavior and attitude.


Case Overview:
How do our rates compare to our competition?

        A national real estate company hires PMR Research to conduct multi-market comparison studies throughout the United States.

 


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