A General Approach to Product Design Optimization via Conjoint Analysis
Open Access
- 1 June 1981
- journal article
- research article
- Published by SAGE Publications in Journal of Marketing
- Vol. 45 (3) , 17-37
- https://doi.org/10.1177/002224298104500302
Abstract
This paper describes some of the features of POSSE (Product Optimization and Selected Segment Evaluation), a general procedure for optimizing product/service designs in marketing research. The approach uses input data based on conjoint analysis methods. The output of consumer choice simulators is modeled by means of response surface techniques and optimized by different sets of procedures, depending upon the nature of the objective function.Keywords
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