Application of Choice-Based Conjoint Analysis to Determine ...
Choice Based Conjoint - How we can help you in Conjoint Analysis
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Transcript of Choice Based Conjoint - How we can help you in Conjoint Analysis
How we can help you in Conjoint Analysis?
INTRODUCTION
What is Conjoint Analysis?
Conjoint Analysis is a statistical technique used in Market Research to determine how people value different features that make up an individual product or service.
It tells how much are consumers willing to pay for different attributes?
Why Does Conjoint Analysis Work Well?
• Conjoint analysis questionnaires ask respondents to make tradeoffs similar to those in the real market.
• With conjoint analysis, we discourage respondents from telling us that all features are equally desirable.
• When respondents are forced to make difficult tradeoffs, we learn what they truly value
Can KnowledgExcel
program Conjoint
Exercises?
Yes, we can program any type of Choice Based ConjointYes, we can program any type of Choice Based Conjoint:
Discrete Choice Exercise Discrete Choice Exercise with Best Worst Volumetric Conjoint with Chip Allocation Volumetric Conjoint with Numeric Entry Adaptive Conjoint
Can KnowledgExcel
match the look and feel as
per our format?
Yes, we can match up any provided template / look & feel.
If you can describe it, design it or dream it assuming it is possible to do it, we can program it for you.
Alternatively, you can always use one of our standard templates
This includes Custom, Complex, Adaptive & Interactive Designs which can be tailored as per your requirement. We can also include Conditional Relationship & formatting in Conjoint.
How does
KnowledgExcel
manages Conjoint
Designs?
We can use whatever design is given to us.
This could be design created by third party software, by a statistician or created by any other way.
We can also use your attribute and levels to create design here.
We can create many types of design and can further program them as well
- Full Profile Design- Alternate Specific Design- Partial Profile Design
We can also include Prohibitions in theConjoint Design.
Can KnowledgExcel
estimate Conjoint
Utilities?
Yes, we can estimate Utilities….
We can use Constraints & Interaction effects as well.
We also estimate Utilities for Data captured from Pen & Paper methodology, where design is created by us or by your source.
Can KnowledgExcel
develop Conjoint
Simulator?
Yes, we can develop both Online as well as
Excel based Simulators
Preference Share Purchase Likelihood Attribute Importance Respondent Filters Price Curves Optimal Price Points Any of your Algorithms/Calculations
We can include the following in Custom Excel Simulators:
I would like to Program
Survey in my own
Survey Programming
tool, can
KnowledgExcel
integrate just Conjoint
Module in our survey?
Yes, we can include Conjoint Module with your survey and can pass the required fields back in your survey.
We also matches the look & feel so that respondent does not feel any transition.
CHOICE BASED CONJOINT DEMO LINKS
Volumetric CBC - Numeric
Adaptive Conjoint (ACBC)
Volumetric CBC – Chip Allocation
Standard Discrete CBC
http://conjointprogrammer.com/ACBC.html
CBC with Best Worst Response
http://conjointprogrammer.com/CBC_VolNum.html
http://conjointprogrammer.com/CBC_BW.html
http://conjointprogrammer.com/ CBC_Std.html
http://conjointprogrammer.com/ CBC_VolChip.html
For any additional questions, write us at [email protected]
Visit us at http://knowledgexcel.com