Business_Goal

How we improve product development

Product Development Support

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From market research and competitive analysis to concept testing and customer feedback, our product development team ensures that businesses make informed decisions and create products that resonate with their target audience

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The entire intellectual property remains with the client across our all such offerings

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We leverage advanced analytics, cutting-edge methodologies, and industry expertise, enhanced by AI-driven tools like Grok, to assist in ideation, design, testing, and commercialization

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With our support, businesses can enhance their innovation capabilities, mitigate risks, and achieve greater success in the competitive market

Example 1

SaaS Pricing Database for Emerging Markets

A technology consulting firm wanted to develop a comprehensive database detailing SaaS pricing across various sectors in emerging markets

Approach
  • Conducted online surveys targeting SaaS providers for pricing structures, features, and more
  • Interviewed C-level executives from select SaaS companies for in-depth insights
  • Surveyed potential and current users in target markets for price sensitivities
  • Compiled and analyzed data into a user-friendly database
Outcome
  • The database became a crucial tool for SaaS companies entering or adjusting in emerging markets
  • Initiated a subscription-based model for database access, leading to a new revenue stream
  • Offered bespoke consultation services to SaaS companies based on the data collected
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78%

increase in subscriptions within the first year
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Captured 25%

of the market share within six months of launch

Example 2

Smartwatch Feature
Prioritization

A tech company wanted to release a new smartwatch and needed to identify the most desired features

Approach

A combination of focus groups and online surveys was used to understand consumer preferences and rank features based on importance

Outcome

The research guided the company to prioritize health-related features and longer battery life, leading to a product that gained significant market share

Example 3

Eco-friendly
Packaging Design

A food manufacturer wanted to transition to eco-friendly packaging but was unsure of consumer reception and preferred designs

Approach

Packaging prototypes were created and tested using in-depth interviews and shelf-placement simulations

Outcome

The firm identified a compostable design that consumers found appealing, helping the company boost its environmental credentials and appeal to eco-conscious buyers

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Sales increased by 30%

in the first quarter
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Achieved a 15%

market penetration rate in its first year

Example 4

Pricing Strategy for
Organic Juices

A beverage company launching a new line of organic juices needed to determine the optimal price point

Approach

Approach: Conjoint analysis, powered by AI tools like ChatGPT, was used to understand how consumers valued different attributes (e.g., organic, flavors) and their willingness to pay

Outcome

The company was able to price its juices competitively while emphasizing the organic nature, leading to better market penetration

Research

Recent case studies