| PositionSolve
Key Benefits |
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- Visual:
PositionSolve lets the strategist inspect how products are
positioned in the mind of the customer. Similar products are closer
together, dissimilar products are farther apart.
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- True
Simulation (Repositioning):
Allows the strategist to change the product, and inspect how that
changes its positioning on the perceptual map.
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- True
Solving: PositionSolve
allows the strategist to "drag" any given product to
a new position on the strategy map and the system will solve for
mathematically possible ways to arrive at that new location.
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- Finds
the Niche: of a product or
service.
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- Comprehensive:
Uses multiple mapping methods, not just one.
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- Optimized:
Places the maximal amount of information on the map.
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- Speed:
Specifically, PositionSolve calculates quickly because it
is a native 32 bit application written entirely in C++, and optimized
for speed.
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- Data
Transparency: PositionSolve
can use many types of data to create a perceptual map.
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- Automated
Model Building: PositionSolve,
borrowing from the technology we created for MiningSolve,
iteratively runs thousands of models (changing the algorithm,
sub-algorithm, transforms, iterations, and criteria) to find the
map that contains the maximal amount of information in the smallest
number of dimensions.
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- Solves
for Positioning and Demand Simultaneously:
Repositioning (see above) usually results in many (sometimes hundreds!)
of ways that a product can be changed to arrive at a desired location.
Since each of these solutions defines a different change strategy
(different combinations of attributes and attribute values), each
strategy can be imported into PrefSolve to test which strategies
are most attractive.
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- Makes
Recommendations: PositionSolve
linked to PrefSolve recommends which strategy results in
the most attractive product at the desired positioning. Moreover,
if the PrefSolve run is defined to produce marginal benefit,
then the system will find the strategy that 1) arrives at the
desired position 2) maximizes revenue 3) minimizes cost to implement.
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- Report
Portability: The reports can
be copied directly to any windows-hosted spreadsheet, or can be
saved out as an Excel spreadsheet.
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