The third stage of the new product design phase is concept development
and testing. Ulrich, 2003 state that
testing a concept is vital in the products development, ensuring the product is
suitable for the market, whilst allowing developers to alter the product to consumer’s
needs. Kotler and Armstrong, 2012 also state that concept development involves
developing a new product into alternate product concepts by finding out how
appealing each concept is to the customer.
Concept testing
Lamb, Hair & McDaniel, 2009 explain concept testing as a
test to evaluate a newly introduced idea, namely a product or service;
examining the sellable and practical determining factors of the prototype before
it is introduced. Lamb, Hair & McDaniel, 2009 carry on to state how It is a
way of measuring the enthusiasm of the products target consumers, this can be
measured through the reaction to a
picture, written statement, or verbal description of the products fundamental
capabilities and purposes.
Lycra, 2008 used a group of consumers to test the lycra
product range, consumers were given various Lycra compression garments to use
in their designated sport and then scored the product:
“Consumer response to a LYCRA® SPORT fabric concept testing:
• 60% Extreme/Very
Interest
• 56% Extremely/Very
Believable
• 37% Extremely/Very
Different
• 73% Would cost a
lot or a little more”
Lycra (2008)
In terms of the product/service of ‘collision sense’ it’s success
would be determined largely in the technical development of the product, as if
developed effectively it has the potential to be a multi-market product,
bringing with it an entertainment element that could vastly improve sports spectatorism,
consequently attracting potential contracts from television broadcast company’s.
Additionally the product can be used as a development tool for clubs and most
importantly used to referee a safe and fair sporting environment. As a
consequence of the products potential directions it would appear the product
would score highly in terms of product, pricing and promotion.
An effective way of measuring the collision sense’s potential
would be through the product positioning map (see appendix). The market map
illustrates the range of “positions” that a product can take in a market based
on two dimensions that are important to customer. Examples of those dimensions
might be:
High price v low price
· Basic quality v high quality
· Necessity v
luxury
· Lo-tech v
high-tech
Riley (2012)
Another way of researching the target ,markets opinion o the
products potential would be through the use of questionnaires this would aid developers
in deciding product information such as price, promotion, feasibility,
usefulness, participation, the target
market, market need, frequency of purchase and suggestions for improvement
(Carlile, 2002)
To conclude concept development and testing allows a
developer to realise the level of need for a product, the interest from the
target market and potential development possibilities to improve the products
demand.
Appendix
Reference list
Carlile, P. R. (2002). A pragmatic view of knowledge and
boundaries: Boundary objects in new product development. Organization science,
13(4), 442-455.
Kotler, P. and Armstrong, G. (2012) Principles of Marketing.
14th edn. Essex: Pearson Education Limited.
Pinnacle marketing & Lycra, 2008 http://www.lycra.com/g_en/webpage.aspx?id=963
Acessed:
24/11/2013
Riley, J. (2012). Brand Positioning & Market Mapping.
Ulrich, K. T. (2003). Product design and development. Tata
McGraw-Hill Education.
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