Market tests must have teeth

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Reference no: EM133402381

Chapter 16,

We address the concept of "Market Tests Must Have Teeth." How does market testing relate to other testing, and what important insights are gained during the marketing testing phase?

What are the major factors that help companies decide whether to market test or not? What conditions may help marketers decide to skip a market test, such as from the P&G example on p. 399?

Explain how market tests must also carefully factor costs into the overall equation. Which methods of market testing are the most valuable in your own company or industry?

Reference no: EM133402381

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