Understand the 'how' and the 'why' of choice and you'll build better products
You need information to support difficult product development decisions. We're ready to help, with a full array of choice-modeling and choice-based techniques, new ideas to get more out of your new product development (NPD) work, and the expertise needed to turn consumer feedback into useful insights.
Need help sorting out important from unimportant features? Ask consumers and they'll tell you everything is important. Present them with a set of choices and you'll find out what they truly value. We can help. Learn more about how Max-Diff and other choice-based methods can help you make better decisions.
Want discrete-choice studies that are more actionable? Realize that not everything's a trade-off. In fact, research has shown that buyers tend to follow a two-stage process when making decisions - first using rules of thumb to reduce the number of alternatives (a non-compensatory step) and only then weighing their choices in a more rational (compensatory) manner.
Traditional discrete-choice analysis cannot account for this reality. TRC can, without adding questions and altering the intuitive choice task format. In the process we can identify "must haves" and "screen-outs" from the buyer's point of view - valuable insights to any new product development process.
Configurators - gain insights by letting people build their own products and services. Sometimes its preferable to give control to the consumer, and let them optimize their purchase in a more a la carte manner. We'll help you implement configurator research, and show you how these data can be a valuable part of your new product development process.
Incent people for good ideas with our Smart Incentives process - a compensation-based way to generate and evaluate better open-ended feedback.
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A unique build-your-own approach to product development research
TRC's Chief Research Officer, Rajan Sambandam, will contribute to the Yale CCI Blog, consult on academic-practitioner issues and generally help spread the word about the good work being done by YCCI Fellows.
YOU GUYS ARE THE BEST!!!!! Please send my thanks along to Janice and especially to Wes. This will make my weekend a lot smoother for sure!!!"
Judy Davis, PECO
"You guys nailed it! I made only a few minor tweaks and put this in front of my director and our market manager. Exactly what they were looking for! THANKS SO MUCH! You made my day much easier today by getting this 99.something percent there."
One of our Insurance Clients
"The team at TRC has worked well for me on several research engagements at Comcast. I appreciate that they hold in a workable balance the trade-offs between stakeholder expectations and practicality of implementation. It certainly doesn't hurt that they are an affable, cordial bunch of professionals."
Gregory Kohs, Director, Market Research, Comcast
"I am nearing completion of a highly analytical project with TRC. This project is extremely important to our company and visible at its highest levels. The deliverable has exceeded our expectations and contributes significantly to our ability to drive revenue. I will look forward to doing so again in the future."
Kevin Hanstad, Carlson Hotels Worldwide
"The Yale Center for Consumer Insights has collaborated with TRC on several occasions. I have found the folks at TRC to be very responsive to our needs and just great people to work with. The Center is very appreciative of the real world perspective this marketing research company brings to the partnership."
Ravi Dhar, professor at Yale School of Management
"I just got a call from our global head of marketing who was reviewing your report and her exact words were 'This deck is EXCELLENT.' And stressed the word EXCELLENT. Let's just say she is not the type of person to say something like that unless she truly means it."
Market Research Lead, Fortune 1000 Pharma Company
"Hi guys, I've presented the MA configurator results to several functions within the Senior [dept] today. Everyone is so excited and they are definitely being used to guide our future product and marketing strategies. Thanks"
Marketing Research Manager at Major Health Insurance Company