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Consumer Insights for Innovation. Jeff Chen. Process. Refine. Validate. Conceive. Explore. Innovation Matrix. New Products. Existing Products. Current Customers. New Customers. Explore. Objectives. Confirm target buyer and understand their usage context - PowerPoint PPT Presentation
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CONSUMER INSIGHTS FOR INNOVATION
Jeff Chen
Process
Explore
Conceive
Validate
Refine
Innovation Matrix
Extend(Meet unmet needs of
current customers)
Create(Address new customers with
new product categories)
Optimize(Introduce Brand Extension,
New Product Iteration)
Adapt(Adapt current products to meet
needs of new customers)
New Products
Existing Products
Current Customers
New Customers
ExploreObjectives
Confirm target buyer and understand their usage context
Uncover opportunities for new products or product categories
Generate insights into consumer usage pattern & preferences
Tools
Observational Research
IndividualInterviews
Focus Groups
Attitude & Usage Surveys
Explore: Investigation Areas
PhysicalErgonomics
Environmental
PsychologicalAttitude
PerceptionPreference
SociologicalSocial Norms
Social Interactions
AnthropologicalCulture
InstitutionsBeliefs
Product Ecosystem
ConceiveObjectives
Generate Insights from Observations & Data
Develop hypotheses for new product & feature concepts
Evaluate business viability & technical feasibility
Tools
Concept Generation
PrototypingInsights Generation
Co-creation with Consumers
ValidateObjectives
Confirm appeal of concepts (Early stage sketches or foam prototypes are fine)
Evaluate suitability of concepts for target buyer & usage
Tools
Concept Clinic
Internal Usage Trials
In-Person Concept Test
Quantitative Concept Test
RefineObjectives
Confirm pricing
Confirm feature set
Tools
Concept Test(Refined Concepts)
Quantitative Survey
Price Confirmation Feature Optimization(Pricing)
Acura ZDX
Target Buyer
Key Insight
Use Cases
Empty Nest Baby Boomer
Concept & Execution
Logitech Mouse Patterns
Target Buyer
Key Insights
Explorer
Concept
Productivity Visual Interest, Impulse Purchase