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Conjoint Analysis Explained (Understand in Under 5)

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  • Опубліковано 1 сер 2024
  • Understand the magic behind Conjoint Analysis in less than 5 minutes. Conjoint Analysis is the foundation of so many business insights techniques: pricing, forecasting, product optimization and even branding research.
    Conjoint analysis is an increasingly popular market research methodology.. Marketers and researchers who have a good grasp on how it works will be able to use it confidently to their advantage. This short video explains the basic concepts behind conjoint analysis.

КОМЕНТАРІ • 12

  • @ColinWilsonOnline
    @ColinWilsonOnline 2 роки тому +6

    Brilliant video series. In this one I now understand how combining various theoretical feature bundles can show the customer preferences of the underlying features. Bingo! - product and profit optimisation now much more efficient than using supplier (our own internal) assumptions. Thanks Miklos!

  • @connorrowlings2408
    @connorrowlings2408 Рік тому +2

    I have my final in 3 days and you explained this incredibly well. Thank you for making this content, man!

  • @sejal2714
    @sejal2714 Місяць тому

    Thank you!

  • @ai-pw3se
    @ai-pw3se Рік тому +1

    I was able to follow the concept very clearly. Appreciate the video and many thanks.

  • @durlavabanerjee2762
    @durlavabanerjee2762 Рік тому

    Brilliantly explained. The way you simply explained from part worth to preference was very nice

  • @lukasstromberg8325
    @lukasstromberg8325 Рік тому +1

    Can you do videos on TURF-Analysis, MaxDiff and potentially also a need based segmentation study?

  • @princeeshrestha5142
    @princeeshrestha5142 Рік тому

    Can u explain how to calculate market share using part worth utilities

  • @lucas-zv5nz
    @lucas-zv5nz Рік тому

    Do you have the source on the formula used in the video for the preference share?

  • @hindeshakash4709
    @hindeshakash4709 2 роки тому +3

    Hello Sir, your content is good. Please take care of the rotating transitions starting at 00:38 because they are somewhat distracting.
    Thank you!

  • @adammiller6508
    @adammiller6508 9 місяців тому

    Excellent video - the cut scenes are too much though haha

  • @TheMarinho1
    @TheMarinho1 Рік тому

    good analysis but you should have included an example for each shape for better understanding. :) also the background music is a bit distracting!

  • @sharoncheng6145
    @sharoncheng6145 11 місяців тому

    Great video! And you explained the basic concept quite clearly. Wish you used real examples instead of shapes and colors - it's a little less intuitive and hard to relate.