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	<title>My Marketing Thing &#187; small business</title>
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		<title>Market testing your promotional concept</title>
		<link>http://mymarketingthing.com/market-research/market-testing-your-promotional-concept/</link>
		<comments>http://mymarketingthing.com/market-research/market-testing-your-promotional-concept/#comments</comments>
		<pubDate>Sat, 13 Feb 2010 04:53:15 +0000</pubDate>
		<dc:creator>Megan</dc:creator>
				<category><![CDATA[Market research]]></category>
		<category><![CDATA[market testing]]></category>
		<category><![CDATA[small business]]></category>

		<guid isPermaLink="false">http://mymarketingthing.com/?p=318</guid>
		<description><![CDATA[

The last post about briefing your logo designer prompted a great comment. &#160;It was actually more of a query: &#160;
	
How do you know that your logo is going to appeal to your target market? &#160;
The short answer to this question is: test it on them.
Now, there is testing and there is testing. &#160;You need objective [...]]]></description>
			<content:encoded><![CDATA[
<p><img alt="Survey for market research" height="370" src="http://mymarketingthing.com/wp-content/uploads/image/market research/fill out out survey colour 1.jpg" width="400" /></p>
<p><strong>The last post about <a href="http://mymarketingthing.com/branding-and-logo-design/briefing-your-logo-designer/">briefing your logo designer</a> prompted a great comment. &nbsp;It was actually more of a query: &nbsp;<br />
	</strong></p>
<p><span style="color:#696969;"><strong><em>How do you know that your logo is going to appeal to your target market? &nbsp;</em></strong></span></p>
<p>The short answer to this question is: test it on them.</p>
<p>Now, there is testing and there is testing. &nbsp;You need objective feedback from those who are likely to buy your service or product. But how do you go about getting this objective feedback about your new logo &#8211; or any marketing concept? &nbsp;</p>
<p>&nbsp;</p>
<p><strong>Hire a market research agency</strong></p>
<p>You can consider enlisting the help of a market research agency to carry out an investigation on your behalf through surveys and/or focus groups. &nbsp;The two main areas of market research are: qualitative (why?) and quantitative (how many?). &nbsp;</p>
<p>If you have a few thousand up your sleeve, then it might be worth getting a quote (or two) from these guys. &nbsp;Depending on your situation, it could be the best business investment you&#39;ve ever made for your business. &nbsp;</p>
<p>But if you&#39;re not flush enough for this service (and many in small business aren&#39;t), there are other things you can do.&nbsp;</p>
<p>Let&#39;s take a look at some popular common approaches and whether they are useful:</p>
<div>&nbsp;</div>
<p><strong>Asking your family<br />
	</strong></p>
<p>My clients love to test any marketing concept&nbsp;on their family. &nbsp;Whether it is a business&nbsp;name, logo design or campaign premise, the spouse and little Jimmy seem to always get their two cents. &nbsp;</p>
<p>Your family are people that already love you and accept you. It&#39;s natural to want to involve them. &nbsp;But don&#39;t do it. &nbsp;&nbsp;For a start, your family probably isn&#39;t your target market. &nbsp; And even if they are, how can they possibly be objective? &nbsp;</p>
<p>&nbsp;</p>
<p><strong>Asking people in your office</strong></p>
<div>This is something that a graphic designer I know does on a regular basis as a way of testing her designs. &nbsp;In my view, this approach could be more misleading than informing. &nbsp;</div>
<div>&nbsp;</div>
<div>While her colleagues might have experience in marketing (and not all of the do), most of the time they are not the target market. &nbsp;So what they &#39;like&#39; or &#39;don&#39;t like&#39; doesn&#39;t actually count. &nbsp;&nbsp;</div>
<div>&nbsp;</div>
<div>It is a good idea, however, to show a concept to your sales team to get their feedback. Chances are, they know a lot about your target market and can give some informed pointers. &nbsp;But that isn&#39;t where the final decision should rest.</div>
<p>&nbsp;</p>
<p><strong>Asking your existing customers</strong></p>
<p>This the next thing my clients do. &nbsp;The idea of asking clients you know really well for their feedback is appealing because, like asking your family, it&#39;s not a great imposition. &nbsp;These are people that have accepted you and wouldn&#39;t mind the request.</p>
<p>While we are now in the realm of &#39;target market&#39; the problem with this approach is that they already know what you are selling. &nbsp;It is harder for existing clients to pick up on any possible misconceptions. &nbsp;They will find it difficult to be objective. &nbsp;</p>
<p>Like with your sales team, by all means get feedback from them. &nbsp;But don&#39;t stop there.</p>
<p>&nbsp;</p>
<p><strong>Asking people on the street</strong></p>
<p>My father used to be an executive copywriter for a number of multinational advertising agencies. &nbsp;While big budgets were allocated to many of his projects, this didn&#39;t stop him from going down the end of the street with a clipboard and asking 10 people (in the realm of the target market) three key questions about the product he was working to promote. &nbsp;</p>
<p>He crafted the questions to ensure that he would not just get a &#39;yes&#39; or a &#39;no&#39; answer. Those approached had to explain <em>why</em> they felt the way they did.</p>
<p>At times my father compared the results of this approach with those derived from a market research company. &nbsp;More often than not the ratio results were the same. &nbsp;</p>
<p>But your target market might be hard to nab on the street, so be conscious of that limitation. &nbsp;If your target audience has a broad demographic (both genders and/or large age bracket and/or wide ranging income levels), this way of market testing could be just the thing.&nbsp;</p>
<p><b><br />
	</b></p>
<p><strong>Asking those you know are potential clients</strong></p>
<p>This is a cracker if you can pull it off. &nbsp;Is there a positive way to survey those in your target market who are currently buying from your competition? &nbsp;You are bound to get some interesting data. &nbsp;However, approach this option with care. &nbsp;</p>
<p>If the person feels imposed upon by your survey-waving, then the exercise can backfire badly. &nbsp;You have lost a potential client before you have even started selling to them. &nbsp;And if they tell other people about their negative experience then you may have lost many potential clients. &nbsp;</p>
<p>So the ideal is to find ten people who fit your target market profile (that don&#39;t know you well &#8211; yet) who are willing to give feedback beyond &#39;yes&#39; and &#39;no&#39;.</p>
<p>This can sometimes be safely achieved through currently loyal clients who know people just like them. &nbsp;Again, approach with caution. &nbsp;Your don&#39;t want to spoil a good relationship with a current client. &nbsp; &nbsp;&nbsp;</p>
<p>In this world of increasing anonymity, people like to give their opinion. &nbsp;But if it&#39;s a ten page survey that is going to take them half a day &#8211; with no direct reward &#8211; their desire to contribute is likely to fade.</p>
<p>So keep the testing short, make it fun and give those interviewed a reward for participating.</p>
<p>&nbsp;</p>
<p><strong>Next post&#8230; <br />
	</strong></p>
<p>..you will find out how even the biggest companies in the world can make HUGE mistakes when it comes to market testing.</p>
<p><em><br />
	</em></p>
<p><em>This post was written by Megan Hills. &nbsp;Megan is a writer, cartoonist and marketing cha cha performer. &nbsp;She&#39;s also very nosey about what other people think and feel about things. Find out more about <a href="http://mymarketingthing.com/about/">Megan.</a></em></p>
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