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Upgrade your Brand Tracker Using the Power of Conjoint Analysis

Conference

Most validation studies that compare conjoint preference shares with actual sales only focus on one single point in time. We go one step further and compare conjoint preference shares with real market shares over time. We discuss the ability of a simple brand-price conjoint to capture monthly fluctuations and the long-term trend in brand sales. We demonstrate how conjoint preference is superior to traditional stated brand preference, offering an exciting new use-case for conjoint analysis.

Alexandra Chirilov
GfK
James Pitcher
GfK
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