Innovate for growth
Planning to bring a new product or service to market? With Toluna’s Idea & Concept Testing solutions, you can screen, optimize, and validate your ideas and concepts to shape a go-to-market strategy that’s primed for success.
Planning to bring a new product or service to market? With Toluna’s Idea & Concept Testing solutions, you can screen, optimize, and validate your ideas and concepts to shape a go-to-market strategy that’s primed for success.
It’s difficult to overestimate the importance of product innovation: it drives growth by creating new market opportunities, helps differentiate and diversify your business, and enables you to tap into new consumer segments. Consistent innovation ensures your brand stays fresh and relevant to customers.
Whether you choose to innovate or not, your competitors will – and could potentially steal your customers. To put it simply, innovation is no longer optional but essential to staying ahead of the game.
Our Idea & Concept Testing suite helps you innovate successfully and drive meaningful impact. From idea & concept screening to optimization and validation, we offer solutions that are more predictive, actionable, and flexible than ever. This empowers you to identify opportunities for innovation, optimize product ideas, and drive sales at the point of purchase.
Our approach is grounded in the latest industry thinking and empirical evidence, inspired by thought leaders such as Byron Sharp, the Ehrenburg-Bass Institute, and Clayton Christensen’s Jobs-to-be-Done theory. Drawing from these schools of thought, we have developed a framework for measuring product innovation success across three key criteria:
Commercial potential to drive (incremental) penetration, value and/or frequency.
Ability to address challenges across three dimensions: functional relevance, emotional resonance, and social acceptance.
Achieve top-of-mind consideration in key purchasing situations by aligning with and owning relevant category entry points.
Our Product Innovation practice operates in two modes: formal and informal. The informal mode provides agile learning and optimization, helping you quickly refine ideas through iterative work. Our formal mode offers rigorous screening and validation to manage your innovation funnel and stage gate process.
Our AI-powered mass qualitative solution that provides insights and inspiration through live online group discussions.
An automated concept testing solution that helps identify winning concepts that are distinctive, credible, and drive purchase intent.
Identify the strongest claims among your target audience and across markets with this holistic claims testing solution.
Our conjoint suite for price, pack size, product features, and portfolio optimization.
SHADOW offers in-home concept-product and Central Location Test-based product testing.
Test and rank your product/service ideas.
Validate new product concepts and inform your go-to-market planning.
In our Product Innovation practice, we see businesses innovating at scale and across the products & services spectrum. We categorize these innovations as one of three types:
Leveraging existing brands
within familiar categories
Risk-reward profile: LOW
Key marketing challenges:
Taking existing brands
into unfamiliar terrain
Risk-reward profile: MEDIUM
Key marketing challenges:
Developing
new propositions
Risk-reward profile: HIGH
Key marketing challenges:
Your marketing challenges and insights needs will vary with the nature of your product innovation, as does the risk-reward profile. Our solutions – and the interpretation of results – are tailored to these various types of innovations.
Our approach to product innovation research is distinct in many ways: