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Customer Choice (Logit) Model

Posted in Software Models

What you put in... What you get out...
  • Customer's choice data for alternative offerings
  • Customer ratings of alternative offerings on their key attributes
  • Purchase probabilities, predicted and observed choices of customers
  • Factors influencing customer choice, including brand as well as performance attributes

Conjoint Analysis Model

Posted in Software Models

What you put in... What you get out...
  • Customer ratings of a set of real or potential product offerings, defined by their key attributes
  • Market share of existing products
  • New product profiles
  • Customers' preferences and responses to new products
  • Relative worth of product attributes
  • Optimal product design
  • Market share estimates for alternative products
  • Drivers for purchase choices
  • Customers' willingness to pay for product attributes
  • Potential incremental revenue from new offerings/features
 

Bass Forecasting Model

Posted in Software Models

What you put in... What you get out...
  • Market potential for new products
  • Historical sales data OR selection of analogous products
  • Advertising and pricing plan
  • Sales/adoption rate forecast for new product
  • Sensitivity of sales forecast to marketing activities
  • Ability to link to revenue and profit projections
 

Pricing Model

Posted in Software Models

What you put in... What you get out...
  • Buying intention for a product at a number of different price points
  • Aggregate demand level estimate for any price level