Analytical attribute approaches Flashcards
What is the general procedure of problem analysis? (4)
- Determine product or activity category for study.
- Identify heavy users: they have better understanding of the problem and represents the bulk of the sales potential in most markets.
- Gather set of problems associated with product category: the benefits they want minus the benefits they are getting (the difference indicates the problem)
- Sort and rank the problem according to severity or importance
What is the bothersome ness technique of scoring problems? and what is its objective? (3)
- Column B represents extent of the problem, column A represents the frequency of its occurrence.
- Bothersomness index is then adjusted by users awareness of currency available solutions to the problem
- objective: to identify problems that are important to the users and for which the user sees NO current solutions
What are sources for problem analysis? (3+ 4)
- Experts
- Published sources
- Contacts with your business customer or consumer
- intervirewing
- focus groups
- observation of product in use
- role playing
What is an example of problem analysis? (4)
Dyson’s multiplier fan:
Conventional fan problems and blades air multiplier:
- Hard to clean= no blades to clean
- Fan tips over=Low centAre of gravity eliminates tipping
- Energy inefficient= much more effective and efficient cooling
- Blades danger for children= Airstream is smooth and danger is eliminated
What are the three types of attributes? (4)
- Products are made up of attributes, a future product change must involve one or more of these attributes:
- Features: what the product consists of
- Functions: what the product does and how it works
- Benefits: how the product provides satisfaction
= feature permits a function which provides a benefit
What does analytical attribute technique allow? and what are the two types attribute techniques ( + their sub analysis? (2+2+2)
- Analytical attribute techniques allows:
- To create new product concepts by changing one or more of its current attributes or by adding attributes
- To assess the desirability of these concepts if they were to be developed into products - Quantitative attribute analysis techniques:
- perceptual Gap Analysis
- Conjoint Analysis - Qualitative attribute analysis techniques:
- Dimensional analysis
- Relationship analysis
What is the Gap Analysis? and how are they made? (1 & 3)
- Its maps of the market are used to determine how various products are perceived by how they are positioned on the market map.
Gap maps are made in 3 different ways:
- Determinant gap map: produced from managerial input/judgement on products
- AR perceptual gap map: based on attribute ratings by customers
- OS perceptual map: based on overall similarities ratings by customers
Explain more about the determinant Gap Maps? and what is the objective? (2+1)
- Good starting point (although the scoring might seem arbitrary and subject to managerial error: consumer perceptions may be quite different)
- Attributes should be differentiating and important: determinant attributes.
- Objective: to find a spot on the map where the gap offers potential as a new item. (one people find different and interesting)
Explain more about the AR perceptual gap analysis? (4)
- Ask participants (Buyers and users of the product) to tell you what attributes they believe products have.
- We begin with a set of attributes (features, benefits or functions) that describe the product category being considered.
- Gather consumers perceptions on the available choices (brands, manufacturers) on each of these attributes
- The procedure results in a formidable data cube.
What are forms of data analysis used to reduce multivariate analysis? (2)
- Factor analysis: reduces the original number of attributes to a smaller number of factors, each containing a set of attributes that “hang together!
- Cluster analysis: reduces the original number of respondents to a smaller number of clusters based on their benefits sought as revealed by their “Ideal brand”:
Explain more about the OS perceptual maps? (5)
- Users sometimes make purchase decisions using attributes that cannot be identified (phantom attributes)
- Also, some users have difficulty scoring attributes even when they are aware of them (unable or unwilling)
- AR methods view products as bundles of attributes– so the attribute set needs to be complete (missing attributes!)
- Consumers should buy and make their purchase decisions according to these attributes – perfume purchase is driven by brand image, aesthetics that are difficult to verbalised.
- OR runs on perceptions of overall similarities between pairs of brands.
Compare AR and OS methods? (input required, analytical procedures, graphical output, where used) (12)
- Input Required:
AR: Brand ratings on specific attributes
AR: Attributes must be pre-specified
OS: Overall similarity ratings
OS: Respondent uses own judgement of similarity - Analytical procedures commonly used:
AR: Factor analysis, multiple discrimination analysis
OS: Multidimensionsal scaling (MDS) - Graphical output:
AR: Shows product positions on axes
AR: Axes interpretable as underlying dimensions
OS: Shows product positions relative to each other
OS: Axes obtained through follow up analysis or must be interpreted by the researcher - Where used:
AR: situations where attributes are easily articulated or visualised
OS: Situations where it may be difficult for the respondent to articulate or visualised attributes
What are limitations of GAP analysis? (4)
- Input comes from questions on how choices/brands differ (nuanced ignored)
- Brands considered as set of attributes, totalities, interrelationships overlooks, also creations requiring a conceptual leap.
- Analysis and mapping may be history by the time data are gathered and analysed
- Acceptance of findings by persons turned off by mathematical calculations?
What is the trade-off conjoint analysis? (3)
- Put the determinant attributes together in combinations or sets
- Respondents rank these sets in order or preference
- Conjoint analysis finds the optimal levels of each attribute
- For larger problems, a fractional factorial design may be used (not every combination is included, but a subset of the combinations in which each level and each attribute is used at least a few times). Rankings and results are similar to the full-profile analysis.
What conjoint analysis methods exists? (3)
- Adaptive conjoint analysis: Respondent judges the importance of the attributes, then responds to options that focus on the most important attributes and levels.
- Choice based conjoint analysis: the respondents is shown several choices in combination and asked which is preferred
= both of theses procedures reduce the number of attributes to which the respondents is exposed.