The web laboratory

Product optimisation is not product discovery, the techniques to get the best results differ, usually markedly, as the challenge to collect data to mitigate risk for entirely new products is substantially more difficult than collecting the same data for what is effectively a range extension . 

However, in a web environment, experimentation is becoming easier and easier with the Google analytic tools now freely available, so product optimisation is easier and quicker than ever, to the extent that there is no excuse not to use them. The same tools also make collecting data on new products, almost  as easy, so long as an “experiment” can be set up.

However, outside the web environment, where the results are not so immediate or transparent, a bit of creative thought will open up ways to use the tools of the web to track test markets, early adopter customer feedback and reactions, service difficulties, unexpected uses that evolve, and the myriad of other factors at play in a genuinely new product, it just takes a bit more effort to dream up and implement the experiment.

About strategyaudit

StrategyAudit is a boutique strategy and marketing consultancy concentrating on the challenges of the medium sized manufacturing businesses that make up the backbone of our economy. The particular focus is on their strategic and marketing development. as well as the business and operational efficiency improvements necessary for day to day commercial survival. We not only give advice, we go down "into the weeds" to ensure and enable implementation.
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