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Conjoint Analysis

Reveal What Drives Choices with Conjoint Analysis

Understand how your audience values different features and offerings to refine your strategies and drive better decisions.

The Key to Understanding Customer Preferences

Conjoint analysis helps you uncover what truly drives decision-making by simulating real-world trade-offs. By analyzing how audiences evaluate different features, options, and pricing, you gain clear insights into their priorities and preferences. At Thrum, we use advanced conjoint methodologies to help you answer critical questions: Which product features matter most? How should you price your offerings? What combinations drive the highest engagement?

Our Approach

Our Methods for Conducting Conjoint Analysis

Our approach combines quantitative modeling with behavioral insights to reveal how customers make choices. Here’s how we execute effective conjoint analysis:
Choice-Based Conjoint (CBC)
Simulate real-world buying decisions to identify preferred product and service attributes.
Adaptive Conjoint Analysis (ACA)
Personalize surveys to capture detailed preferences efficiently.
MaxDiff Analysis
Determine which features provide the most value by analyzing trade-off patterns.
Feature Sensitivity Testing
Assess how changes to individual features impact perceived value.
Price Sensitivity Modeling
Analyze price elasticity to guide your pricing strategy.
Scenario Simulations
Test different market scenarios to inform product design and launch strategies.
Statistics

The Impact of Conjoint Analysis

Here’s how our conjoint research has informed strategic decisions.

90%

Increase in Product Launch Success Rates

75%

Improvement in Pricing Strategy Effectiveness

65%

Higher Engagement Through Optimized Feature Sets

Transformative Results Through Conjoint Analysis

Discover how our conjoint analysis helped refine their offerings:

Resources

Deepen Your Understanding of Conjoint Analysis

Explore our curated resources to enhance your decision-making strategies.

Looking at energy drink Prime’s spectacular rise and dramatic fall, one number tells the entire story: a 12% repeat purchase

Terry Linhart, Ph.D.

Veterans of the business world know trends come and go. Pick up a Forbes magazine, check out the latest book

Terry Linhart, Ph.D.

Not every resignation comes with a two-week notice. In many cases, employees check out long before they ever leave. They

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Turn Conjoint Insights Into Business Success

Partner with us to leverage conjoint analysis for clearer, data-driven decisions.

Contact us

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This is an announcement. An event is happening on 01/01/2025 at 2pm. Learn More
This is an announcement. An event is happening on 01/01/2025 at 2pm. Learn More