Pricing and positioning a future connected fitness product
With one flagship product on the market, a connected fitness company wanted to see how a future product would fit beside it. We ran qualitative research first, then a choice model that read the whole range against its competitors.
- Client
- Connected fitness company
- Industry
- Connected fitness
- Market
- North America
- Kind of work
- Product and pricing
- Our role
- Qualitative research and a portfolio choice model for a future product
The question
A connected fitness company had one product, a flagship for training at home, and was looking at what could come next.
Product and marketing leadership wanted to see the range as a whole, with the commercial consequences of each choice, from positioning to price. Underneath was one question: would a new product grow the business, or split it?
Our approach
The baseline was the flagship on its own, against competitors priced above and below it, so a range with a new product could be compared with the flagship alone.
A qualitative stage came first, to shape the positioning and feature routes worth testing. Next, prospective buyers of home fitness equipment took part in the choice model: they saw branded, unpriced concepts alongside the competitive set, then traded off brand, price and features.
What the team came away with
Each range option tested could be read against the flagship on its own, one positioning or price choice at a time.
Our report answered every one of the brief’s questions on a single page, with the choice model behind each answer.
“Adam and his team were the ultimate professionals.”
Customer Insights Director, Connected fitness company
Who we heard from
Prospective buyers of home fitness equipment, in qualitative research and a choice model
Related work
View product and pricing case studies- What we do
- Conjoint and choice modeling
- The thinking behind this
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