When times are good, there is budget available for increased research on secondary products or customers.
Sentiment: NEGATIVE
Customers want to buy something which is not expensive because of a label but which is costly because of the time taken to produce it.
When your product solves a problem that costs customers sleep, revenue, or profits, things are definitely looking up.
I love market research because you really have an idea of what your consumers are looking for.
When you improve your product so it does the customer's job better, then you gain market share.
Major markets are a key factor in advertise and budgeting decisions.
It is critical to bundle all future variable costs of supporting the customer in order to fairly estimate the future contribution.
The market is so competitive. There are so many products that are similar. So we are forced to invest in innovative research in new products that are one or two years ahead of the market.
Consumer habits are key to understanding how to launch a product.
What the customer demands is last year's model, cheaper. To find out what the customer needs you have to understand what the customer is doing as well as he understands it. Then you build what he needs and you educate him to the fact that he needs it.
You might think of consumption as a fairly passive activity, but buying new products and services is actually pretty risky, at least if you value your time and money.
No opposing quotes found.