New Product Development

Innovation Research & Market Testing

Market opportunity detection

End-to-end new product development research from concept testing to launch optimization. Our AI-powered market opportunity detection identifies white spaces and predicts product success rates.

New Product Development

Key Benefits

Concept testing and optimization
Market opportunity identification
Competitive landscape analysis
Product positioning strategies
Launch forecasting
Post-launch tracking

Our Methodologies

Concept screening and refinement
Monadic and sequential monadic testing
BASES volumetric forecasting
In-home usage tests (IHUTs)
Simulated test markets
AI-powered success prediction

Case Study

Health & Wellness Product Launch

Challenge

International brand wanted to enter Caribbean wellness category with new functional beverage line.

Solution

Conducted concept testing with 3,000 consumers, optimized formulation through IHUTs, and used AI to predict market share across 8 territories.

Result

Product achieved 89% awareness and 12.4% market share within 6 months, exceeding forecast by 34%. Expanded to 12 markets in year two.

Request a Proposal

We'll respond within 24 hours with a customized proposal

Hope Research Group | Global Market Research & Consumer Insights Since 1985