Market testing refers to
A) exposing actual products to prospective consumers under realistic purchase conditions to see if they will buy.
B) making sales and profit projections on prototype products to make go-no-go decisions.
C) conducting marketing research among a sample of consumers in the target market to determine which version of a new-product concept is deemed the best.
D) independently run comparison tests with similar products currently in the marketplace to determine which one performs best.
E) conducting safety tests to determine whether the new product meets the established requirements when it isn't used as planned.
Correct Answer:
Verified
Q202: A concept test is an
A) internal evaluation
Q203: Customer experience management (CEM) is
A) the integration
Q221: Concept tests are part of which stage
Q234: A general review of possible marketing and
Q235: A full-scale operating model of the product
Q242: A slotting fee is a payment that
Q243: Commercialization refers to
A)the point at which a
Q244: The stage of the new-product development process
Q246: Simulated test markets (STMs)are often run in
Q256: Commercialization is the stage in the new-product
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