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Market New Products Successfully: Using Simulated Test Market Technology


[PDF.lm74] Market New Products Successfully: Using Simulated Test Market Technology

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#3320922 in eBooks 2006-02-02 2013-11-11File Name: B00GN8S8WU0 of 0 people found the following review helpful. Great book. Made me feel like a real marketer.By Oleg KrasnovskiyI understand that the main reason for this book existence is to promote Copernicus-made Discovery model of STM, which is impossible to replicate without statistical, math and programming skills. Some (not many) steps in the model are (I would think intentionally) unclear. Also, I found that this book is highly impractical (if not useless) in B2B industries.That said, the book is exA great book! This book is accessible and will be of interest to the person wanting mostly the big picture, who will marvel at the plethora of real-world examples; the person wanting a higher level of detail, who will enjoy the history of the development of STM and its key differences from traditioInnovation remains an arduous and painful process for many companies, doing untold damage to brands, profitability, and careers. Some have used line extensions to mitigate risk, but all too often they have ended up extending the core brand into oblivion. Others have used test markets to help gauge opinion before a national rollout, only to have competitors snatch ideas and undermine results. Given the problems with conventional approaches, it's not surprising that 90% of new products and service...

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