As we near
the end of January 2010 a number of brands have already launched new products, doing
their best to win over customers and develop their brands.
Competition
to deliver new and exciting products to the consumer or simply stay ahead of
the competition with your current range has never been more challenging but we
believe we can offer an integrated approach to research to ensure your brands
future success.
Whilst the
UK
economy is now officially out of recession, albeit only showing a 0.1% growth
in the last three months of 2009, we may be seeing the first green shoots of
recovery and new product ranges or re-branded ranges will aim to capitalise on
any uplift the economy has to offer.
This week alone
has seen a number of new products launched into the market. R&R ice creams
have launched a new range for the impulse sector including the Aero Double the
Bubble whilst Premier Foods’ cake brand Lyons
has launched a new range of Teashop Classic Cakes to capitalise on the growing
teatime occasion. Elsewhere Charmin toilet tissue brand is to be re-branded as
Cushelle to reflect the product’s softness and appeal to families.
There will
always be consumers looking for something new and different within the FMCG
sector but there will also be those families whose finances are still feeling
the strain of the past two years.
How you
engage on an emotional as well as a functional and practical level with all
your potential customers is key to ensure they buy in to your product range(s) to
maintain the success of your brand.
Developing
your product range whether re-branding or offering new and innovative products that
entice the consumer relies on a number of key factors:
- Excellent consumer insight
- A great reason for consumers to
believe in your product as a solution
- Fantastic packaging
- A superb product
- A competitive price point.
Here at The
Oxford Research Agency we’ve been working with an increasing number of clients on
projects combining quantitative as well as qualitative approaches. Together
with our sister agency Mimosa, The Oxford Research Agency offers a full
research package or what we call, joined-up qual-quant thinking.
Our
qual-quant offering has a number of distinct and unique benefits:
Understanding both Rational and Emotive
standpoints: Quantitative research will give you the statistical insight and
answers you need yet it will not deliver the real emotion behind the answers
and this is where qual can provide that added insight.
For example
it is clear that packaging design is filled with emotion and qualitative
research is vital to tap into this emotion. Video depth interviews or group
discussions will provide you with in-depth understanding as to how your
packaging works against the competition and what you have to do to ensure your
design wins over the consumer. This combined with our latest quantitative
packaging research techniques, including a fully integrated volumetrics
approach to enable you to test multiple designs and identify the volume this
will deliver, will help provide you with standout, brand equity and character
diagnostics that link to real sales.
An integrated way of
working:
The Oxford Research Agency and Mimosa share the same corporate values and we also
have the benefit of working together within the same offices, enabling us to
combine our thinking and provide clients with a complete picture from both a
rational (quantitative) and an emotional (qualitative) standpoint. Our joined-up
thinking spans the whole project as we:
- Look at the brief overall as one single brief: - what is the
perfect mix of qual and quant research necessary to fully answer the research
need?
- Demonstrate clearly within the proposal how the qual and quant
will interleave seamlessly
- Learn throughout the project, so that the qual informs the quant
or vice versa and new hypotheses/ideas can be tested
- Conduct the analysis and reporting together as a team so that
the qual-quant findings clearly support and build on each other to provide the
full picture.
A proven track record
of highly satisfied qual-quant clients...
Whether it’s on projects where the qual precedes the quant to
provide the insight for questionnaire development or on projects where the qual
has provided the ‘flesh to the bones’ after the quantitative survey, we are experts
at developing bespoke integrated qual-quant solutions that fully meet clients
needs.
To find out more about what the unique combination of The Oxford
Research Agency and Mimosa can offer you, please contact:
Emma Bearpark or Sunita Bhabra, Associate Directors at Mimosa (emmab@mimosa-qual.com
/ sunitab@mimosa-qual.com;
01865 20 84 03; www.mimosa-qual.com)
John Whittaker, Marketing Manager at The Oxford Research Agency
(john.whittaker@tora.co.uk;
01865 72 82 72; www.tora.co.uk)