Ipsos Takes Product Testing to a New Level With Implicit Reaction Time (IRT(TM))
New York, NY - As an industry leader in product testing, Ipsos ProductQuest is uncovering deeper insights into how consumers really feel about products by integrating Implicit Reaction Time (IRT(TM)) into their product evaluations. By using this advanced neuroscience approach, Ipsos ProductQuest is able to provide clients with a deeper understanding of consumers' nonconscious perceptions of their products. Specifically, IRT(TM) measures how strongly consumers feel about a product, versus a benchmark or competitive product, by succinctly capturing how much time it takes a respondent to associate multiple attributes with the product.
According to Virginia Weil, President of Global Product Testing at Ipsos ProductQuest, "Our clients are striving to create superior products and one of their greatest challenges is identifying exactly where improvements to the product should be made. With IRT(TM) we bring product testing to a whole new level by uncovering thoughts and feelings about products that consumers are not even aware they have. Our clients are gaining a new perspective that enables them to think differently about which features can help differentiate their products in the marketplace."
Ipsos ProductQuest has analyzed the impact IRT(TM) can have on product development decisions and found that attributes that may have been overlooked with traditional approaches may hold the key to meaningful product improvements. "What people convey consciously in product ratings is often a function of lip service and may not reflect innermost feelings," says Elissa Moses, EVP, Neuro and Behavioral Science at Ipsos, "This is why leading brands are sometimes rated highly on most attributes when perceptions may, in fact, be beginning to tarnish. IRT(TM) can identify when consumers are only being polite, or, better yet, spotlight when a specific attribute is potentially far more important than otherwise recognized."
IRT(TM) can be seamlessly embedded into traditional surveys to provide understanding of both conscious and nonconscious aspects of consumer response. The application of IRT(TM) to product testing is made possible through the partnership of Ipsos and NEUROHM, an international leader in consumer neuroscience that specializes in understanding unconscious consumer associations, perceptions and impact.
For more information on this news release, please contact:
Virginia Weil President Ipsos ProductQuest (646) 313-6146 [email protected]
Elen Alexov Director, Marketing Services Ipsos in North America (778) 373-5136 [email protected]
About Ipsos ProductQuest
Ipsos ProductQuest helps clients accelerate growth by putting the consumer voice at the heart of their business decisions. We understand the challenges of today's world and deliver solutions that help you get to the next step faster and develop better products that will win in market.
As the world's largest product testing advisor, we test 7,000+ products annually and have successfully launched 20,000+ products under the Ipsos product testing framework. Our team of experts is well-versed in all of the touch points that go into developing and launching successful products.
With unparalleled global reach, we offer scalable solutions, robust simulators, and flexible, innovative approaches - from the earliest stages of exploration and optimization through validation, benchmarking and cost savings.
Ipsos ProductQuest is a specialized practice of Ipsos, a global market research company which delivers insightful expertise across six research specializations: advertising, customer loyalty, marketing, media, public affairs research, and survey management. With offices in 87 countries, Ipsos has the resources to conduct research wherever in the world our clients do business.
About Ipsos
Ipsos is an independent market research company controlled and managed by research professionals. Founded in France in 1975, Ipsos has grown into a worldwide research group with a strong presence in all key markets. Ipsos ranks third in the global research industry.
With offices in 87 countries, Ipsos delivers insightful expertise across five research specializations: brand, advertising and media, customer loyalty, marketing, public affairs research, and survey management.
Ipsos researchers assess market potential and interpret market trends. They develop and build brands. They help clients build long-term relationships with their customers. They test advertising and study audience responses to various media and they measure public opinion around the globe.
Ipsos has been listed on the Paris Stock Exchange since 1999 and generated global revenues of e1,669.5 ($2,218.4 million) in 2014.
Visit www.ipsos.com to learn more about Ipsos' offerings and capabilities.
