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What's the quickest way to test price sensitivity for a new drink launch?

pricing-researchconjoint-analysisproduct-research
James O'Brien
James O'Brien
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For a fast read, a Van Westendorp Price Sensitivity Meter is your best bet — you can field it in a week with 150-200 respondents and it'll give you an acceptable price range quickly. Conjoint is great but overkill if you just need a directional answer before Q3. Save the full conjoint for post-launch optimization once you have real sales data to benchmark against.

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