Question
Situational Overview The following case study summarizes the results of research for a potential new product - lavender flavored ice cream. An outside research firm
Situational Overview
The following case study summarizes the results of research for a potential new product - lavender flavored ice cream. An outside research firm conducted a randomized taste test to learn more about what consumers thought. The goal was to learn whether consumers liked the product as is or if the formula of the product needed to be changed prior to launch. Take some time to analyze the findings of the taste-test to help you determine if you think the product is ready as it is currently produced. The firm conducted the test with 1,000 participants with both genders included and a variety of ages (between 7-55). The respondents tasted the proposed lavender ice cream and an unbranded competitor ice-cream with a similar flavor profile.
- Product A - proposed lavender ice cream
- Product B - competitor ice cream
Survey Results
Question | Results | Scale |
---|---|---|
How much did you like Product A? | 3.2 | 1-5 |
How much did you like Product B? | 3.9 | 1-5 |
Did you prefer Product A? | 40% | Out of 100% |
Did you prefer Product B? | 60% | Out of 100% |
How would you rate the taste of Product A? | 5.1 | 1-7 |
How would you rate the design of Product A? | 2.9 | 1-7 |
How would you rate the boldness of Product A? | 4.2 | 1-7 |
How would you rate the smell of Product A? | 6.0 | 1-7 |
Would you buy Product A if it was available in the store? | Yes = 25% | Yes / No |
How often would you buy Product A if it was available in the store? | Every 2 weeks | Daily, Weekly, Quarterly, Annually |
Answer the following questions:
- Which of the two products did the participants prefer based on the indicators above?
- What are the strongest positive preferences for Product A? What are the biggest negatives?
- What are some other questions that should have been included in the research study? List three additional questions.
- What would you do if you had to make the decision to launch the product or to reformulate it? Why?
- Explain why this type of research is important for marketers when they are launching new products in the market.
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