Demand Express Eyetop Wearable DVD Player

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Demand Express Eyetop Wearable DVD Player
Demand Express
        Eyetop Wearable DVD Player

                                 For More Information, Contact:
                                                    Balazs Korom
                                            Direct: 925.327.2017
                                             Main: 925-820-7350
                                      Balazs.Korom@ipsos.com

September 2009    Linking Market Research to Market Performance
Demand Express Eyetop Wearable DVD Player
Key Findings:
                Eyetop Wearable DVD Player

                        The Eyetop portable DVD player low Mass Market Potential signals an
   Market                alert that Eyetop is not likely to have any broad market appeal.
  Potential             Consumers find no need for this product, particularly at it’s high price
                         point.

                        African-American Men, Ages 25-44 have the strongest interest
                        Watch more television than average including morning shows, talk
                         shows, and kids programming.
  Consumer              Look to sales people and consumer reviews when purchasing products.
   Target               Prefer to shop online and place high importance on quality and brand
                         name.
                        Spend the majority of their time online purchasing movies on demand,
                         investments and electronics.

                        In it’s current form Eyetop’s message does not translate well to mass
Communication            media. The overall benefits of the product have difficulty breaking
                         through to consumers.
  Strategy              The below average BuzzMeter score indicates word of mouth will be
                         limited.

Detailed Copy           Product specifications and portability resonate most: High resolution
                         screen, watch movies on the go, don’t have to carry around a big screen
 Evaluation              to enjoy a movie.

 © 2009 Ipsos   Demand Express: Eyetop Wearable DVD Player                                          2
Vantis Scores
                  Market Performance Indicators
 The Eyetop portable DVD player low Mass Market Potential signals an alert that Eyetop is
   not likely to have broad market appeal. The concept is perceived as being highly unique,
   particularly among Males ages 25-44, however, most key metrics, need in particular, rank
   in the bottom 20th percentile of the database. With a considerably low need for a product
   with a premium price point, consumers find little purchase interest for the Eyetop.

Mass Market Potential
                                   Caution                     Marginal                Advance

    Eyetop Portable
      DVD Player                           57

                         0                         67                        133                        200

Key Measure Scorecard
                           Bottom 20          Below                            Above          Top 20
                           Percentile        Average           Average        Average        Percentile
Seek Information
(Top Two Box %)               28%
Purchase Intent
(Top Box %)                                                      6%
Purchase Intent
(Top Two Box %)               14%
Liking
(Mean 6-Point Scale)           2.8
Price/Value
(Mean 5-Point Scale)           2.3
Uniqueness
(Mean 5-Point Scale)                                                                              3.8
Believability
(Top Box%)                    25%
Need Fulfillment
(Top Two Box %)               18%

 Although the Vantis Database consists of over 15,400 product evaluations, the scores of this study were
 compared to a subset of approximately 550 similarly priced products.
   © 2009 Ipsos   Demand Express: Eyetop Wearable DVD Player                                                  3
Targeting Snapshot
       Likely buyers tend to be single, African-American males between the ages of 25-44. They
       tend to live in a townhouse/duplex or apartment in a rural area and have large house holds
       with kids 12 and younger. Their media consumption is particularly high, they spend several
       hours a week watching a wide array of television including: kids programming, morning
       shows and soap operas. They are likely to have a daily subscription to a newspaper as well
       as subscribe to several magazines. Likely buyers spend a considerable amount of time on
       the internet, blogging, keeping up to date on current events and entertainment news and
       streaming media content such as music and videos. They put a heavy influence on quality
       and brand and look to sales people and consumers reviews to aid their purchase decisions
       which are predominantly made online.

Demographics                              Total   Target           Media Habits                               Total   Target
                                                           Index                                                               Index
                                          (153)    (21)                                                       (153)    (21)
                    Male                    50      57     114                       Hours/week (mean)         30.1    52.4    174
 Gender (%)
                    Female                  50      43     86                        Movies                     5.9    12.1    204
                    18-24                   20      19     94                        Comedy series              4.2     5.0    119
                    25-34                   29      43     149                       Drama series               3.9     3.5    90
                    35-44                   16      19     117                       Kids programming           1.3     4.4    336
 Age (%)
                    45-54                   24      14     59                        Sports                     2.7     4.0    146
                    55+                     11       5     46       TV (Hrs/Wk)      Reality TV                 2.4     4.0    170
                    Mean Age                38      34     90                        Soap operas                0.6     1.5    235
                    Caucasian               54      43     79                        News                       3.3     5.7    174
                    Hispanic                22      24     107                       Weather                    0.8     1.8    241
 Ethnicity (%)      African-American        14      24     165                       Talk shows                 1.1     3.1    272
                    Asian                   5        5     104                       Morning shows              1.1     4.0    353
                    Other                   5        5     104                       Game shows                 1.0     2.0    206
                    Married                 53      48     90       Newspaper (%) Daily Subscription           26.1    33.3    128
 Marital
                    Single/Wid/Div          47      52     111      Magazines        Number of
 Status (%)                                                                                                    3.2     4.6     144
                                                                    (Mean)           subscriptions
                    Age 5 and under        17      33      196      Internet         Hours/week (mean)        21.3     29.8    140
 Children at home   Age 6 to 12            17      33      196                       News/headlines            58       67     115
 (%)                Age 13-17              13      14      109                       Entertainment News        37       67     182
                    HH Size (mean)         3        3      119                       Social networking         64       71     111
 Income             Mean ($000)            66      77      118                       Online stores             54       62     115
                    Urban                  33      33      102                       Personal finance          54       57     105
                                                                    Websites
 Residence (%)      Suburban               54      48      89                        Stocks and investments    16       29     175
                                                                    (% visit weekly)
                    Rural                  14      19      139                       Watch TV/videos           55       81     148
                    Single Family Home     61      48      78                        Product reviews           39       48     121
 Type of            Townhouse / Duplex     7       14      199                       Read blogs                24       43     177
 Home (%)           Apartment              29      33      113                       Stream music              28       38     139
                                                                                     Write blogs               7        14     220
Info Search & Purchasing
                    Friends/Family         85      81      95                        Music                     32      48      149
                    Talk to salesperson    24      38      157                       PC accessories            21      19      91
  Info
                    Consumer reviews       64      76      119                       Electronics               31      52      171
  Sources (%)
                    Expert reviews         41      43      106                       Movies on demand          17      43      252
                    Company website        58      43      75       Online           Durable goods             35      33      96
                    Prefer Retail          70      62      89       Purchasing (%    Insurance                 14      24      165
  Purchasing (%)
                    Prefer Online          30      38      127      last year)       Movie Streaming           39      57      148
                    Price                  48      38      79                        Investments               11      24      214
  Purchasing
                    Quality                44      52      118                       Banking services          21      29      137
  Importance (rank
                    Brand                  3        5      185                       Personal computers        18      43      234
  order %)
                    Convenience            5        5      104                       Movie downloads           14      33      243

           © 2009 Ipsos   Demand Express: Eyetop Wearable DVD Player                                                              4
Communications Impact
Communications indices are in the bottom 20th percentile for the Eyetop concept, which
indicates that a significant amount of messaging work is needed to enhance the
communication. A stronger, more in depth focus on key features coupled with defining an
unmet need that the product could satisfy may potentially spark more interest. The below
average BuzzMeter rating implies most consumers will not generate a significant amount of
buzz about this product in its current form.

Communications Indices
                         Bottom 20          Below                        Above     Top 20
                         Percentile        Average            Average   Average   Percentile

Message Power                 64

Buzz Power                                    87

  © 2009 Ipsos   Demand Express: Eyetop Wearable DVD Player                                    5
Detailed Copy Evaluation
                 Concept Highlighter
The copy is shown below in the sequence it appears on the concept. Phrases
surrounding the concepts hardware specifications and portability were among
the highest mentioned.

   "Watch movies on the go with the Eyetop portable DVD player"                                23%

"The LCD screen in front of the right shade provides a high-quality
                                                                                          19%
                                              viewing experience"

                 "while your left eye navigates to your destination"             9%

 "You no longer need to carry around a screen to enjoy a private"                             21%

                              "mobile movie-watching experience"                  12%

                          "Just pop a DVD into the player and go!"                11%

                            "Control unit comes with carrying bag"          7%

                                         "and detachable belt clip"         6%

                                "Video glasses are highly durable"                11%

                       "used for battlefield surveillance worldwide"              12%

"High resolution screen creates 76,800-pixel image in 24-bit color"                           22%

                               "Video glasses take 4 AA batteries"               10%

                      "DVD player includes rechargeable battery"                        16%

                                                      "Price: $599"    0%

                                                                   0%       10%       20%           30%
                                                                              Percent
                                                                        Reason to Buy

  © 2009 Ipsos   Demand Express: Eyetop Wearable DVD Player                                               6
Methodology

    Country            USA

   Dates of
                       August 31, 2009 – September 3, 2009
   Fieldwork
     Data
   Collection          Online
    Method

    Concept            JPEG
     Specs             1 pg

    Sample
                       N=150
     Size

    Sample             General population
   Definition          Internet access
                       Sequential monadic survey
   Exposure
                       3 concepts per respondent
    Method
                       Test concept exposure rotated to avoid order bias
   Length of
                       15 minutes
    Survey

© 2009 Ipsos   Demand Express: Eyetop Wearable DVD Player                   7
Questionnaire Details
Key Measure Scorecard
                                Which statement best describes how likely you would be to seek more
                                 information about the product/service?
       Seek Information         Response on a 5-Point Scale – “Definitely Would” to “Definitely Would Not”
                                 Buy

                                Which statement best describes how you feel about buying/signing up for the
                                 product/service?
        Purchase Intent         Response on a 5-Point Scale – “Definitely Would” to “Definitely Would Not”
                                 Buy

                                How much do you think you would like or dislike the product/service?
                    Liking      Response on a 6-Point Scale – “Like Extremely Well” to “Not Like at All”

                                Considering the price, how do you feel about the value of the
             Price/Value         product/service?
                                Response on a 5-Point Scale – “Very Good Value” to “Very Poor Value”

                                How would you rate the product/service in terms of being new and different
                                 from other products currently available?
            Uniqueness          Response on a 5-Point Scale – “Extremely New and Different” to “Not at All
                                 New and Different”

                                How well would the product/service solve a problem or fulfill a need for you?
       Need Fulfillment         Response on a 5-Point Scale – “Definitely Would” to “Definitely Would Not”

                                Which statement best describes how you feel about the believability of the
             Believability       statements made about the product/service?
                                Response on a 4-Point Scale – “Very Believable” to “Not at All Believable”

Buzz Power
                                If I owned this product, I would want people to know I personally own it or
                                 use it
        Agree/Disagree          I would email tor tell friends and family about this
                                I would recommend this to people I know
            (5 pt scale)        I would search websites for consumer ratings, blogs, or more information
                                 about it
                                This product will create a lot of excitement and will be talked about

  © 2009 Ipsos   Demand Express: Eyetop Wearable DVD Player                                                      8
Demand Express Deliverables
Mass Market Potential
The Mass Market Potential is a calculation of eventual consumer demand, rescaled from 0
to 100 for simple interpretation. In contrast to a full forecast, the Mass Market Potential
focuses only on consumer demand, and does not account for marketing plans (generating
awareness and building distribution). The Mass Market Potential is used to help your
business prioritize ideas early, according to a market proven metric. A correlation of the
Vantis Mass Market Potential to in-market sales indicates that concepts with a top third
score have a 70% success rate in market.

Ballpark forecasting can also be conducted at the early concept stage, though that is not
part of this annual Demand Express offer.

Key Measure Scorecard
Survey scores for each new concept are compared to the Vantis Database. Vantis owns the
world’s largest database of new concept scores in technology, durable goods, health, and
services industries. By comparing scores of new products and services to the database, we
can speak to the absolute strength about the survey scores. The individual key measure
scores and their pattern are both important parts of the interpretation. The individual score
(ie, low believability) can reveal a specific problem area. The pattern typically classifies into
one of approximately 20 new product archetypes. Understanding the archetypes informs
strategy and assists in communications development.

Targeting Snapshot
The standardized Demand Express survey includes demographics, shopping and media
habits. The summary, as depicted on page 4, is meant to give a topline understanding of
the consumer target.

Message Power
Message Power scores the ability to execute the message in mass marketing. A high copy
score vs. the norm results when one or few clear, differentiated benefits are present.
Demand potential is adjusted based on the ability to convey the message in market.
Message Power is informed by the Concept highlighter exercise, where consumers are
asked to “click on” the words or phrases in the concept that are reasons to buy and/or are
new and different from other products/services they’ve seen before

Buzz Power
Some products are more likely to be discussed, even hyped by faithful buyers. Buzz Power
indicates how much word-of-mouth (buzz) a new product will generate. Buzz Power links
directly to demand potential, whereby high buzz scores translate to incremental awareness
in the market.

   © 2009 Ipsos   Demand Express: Eyetop Wearable DVD Player                                        9
Concept

Watch movies on the go with the Eyetop portable DVD player. The LCD screen in front of the right shade
provides a high-quality viewing experience while your left eye navigates to your destination. You no longer
need to carry around a screen to enjoy a private, mobile movie-watching experience. Just pop a DVD into the
player and go!

  •   Control unit comes with carrying bag and detachable belt clip.
  •   Video glasses are highly durable: used for battlefield surveillance worldwide.
  •   High resolution screen creates 76,800-pixel image in 24-bit color.
  •   Video glasses take 4 AA batteries; DVD player includes rechargeable battery.

                                                  Price: $599

      © 2009 Ipsos   Demand Express: Eyetop Wearable DVD Player                                               10
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