Without reliable or timely data, leaders are forced to rely on their gut instincts.
Inaccurate Shopper Data
Customer preferences and even volume forecasts are often determined based on claimed data rather than actual purchase behavior.
Slow Feedback Loops
Existing testing methods can take months to provide answers.
Costly Post-Launch Fixes
It costs 10 times more to fix a product after launch, and rescue doesn't always work.
What if?
You could sleep at night knowing that you have identified and fixed the issues that could sabotage your launch—messaging, merchandising, and marketing are all in check.
You need...
Real-time transactional research that de-risks and optimizes your launch for success.
Assess Opportunities and whitespaces
Prioritize your upstream ideas
Improve messaging, marketing, and pricing
Identify easy-to-miss product weakness
Drive more effective retailer sell-in
Four roads to risk
Are you tired of launching new products that fail? Avoid these four risky roads that lead to failure.
Piecemeal testing
Separately testing messaging, design, and pricing doesn’t fit the unified way consumers experience your new product
Outdated research tools
Using 40-year-old tools can create a distorted view of the market
Opinions over proof
Expert marketers have good instincts, but even the best can misunderstand the market.
Skimping on research
Budget constraints and staffing limits can result in skipping research to meet deadlines
Transactional Testing: The key to unlocking success.
How Labs Accelerates Each Stage of the Innovation Funnel
The Process
In online transactional testing, shoppers buy real products in real-world conditions on retail websites like Amazon.com and Walmart.com - and on DTC websites.
Opportunity Identification
Uncover potential new markets and product ideas through analysis of search, shopper, and sales data.
Prioritization
Screen for the most promising ideas with simulated but highly realistic digital shopping experiences.
Qualification
Determine market potential and ensure readiness with 360-degree Digital Test Market research.
Unlock the power of a transactional market research with Bold Labs