Pricing and positioning a future product for Tonal

A second product can grow a business or split it. Tonal had one flagship product and wanted to see how a future product would fit beside it, so we ran qualitative research and then a choice model with prospective buyers.

Client
Tonal
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

What happened next

Tonal’s customer insights director has said the report was shared with its executive team and its board.

The question

Tonal had one product, a flagship home strength trainer, 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.

Our approach

A qualitative stage came first, building on the company’s existing segmentation to shape the positioning and feature routes worth testing.

Then prospective buyers of home strength equipment took part in the choice model. Each saw the products as branded, unpriced concepts alongside the competitive set, then traded off brand, price and features across a series of choices.

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. Its outputs are modeled shares under the tested conditions, never a forecast of sales.

What the team came away with

Our report for product and marketing leadership 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, Tonal

Who we heard from

Prospective buyers of home strength equipment, in qualitative research and a choice model

We name this client because its own published review describes the work.

Planning a range or a price?

Bring the choice in front of you, and we’ll suggest how to approach it.

A partner or director will reply.