In this form, a consultant is recommending that a public opinion and attitude survey be conducted to determine the proposed consumer acceptance of a new product of a manufacturer as compared to the product now being marketed by manufacturer. Consultant proposes that it be hired to do a public opinion survey to determine the economic feasibility of the revised product.
The Montana Proposed Public Opinion Survey to Determine Economic Feasibility of Revised Product is an essential tool in evaluating the viability of introducing a new product into the market. By conducting this survey, Montana aims to collect public opinions and gauge the economic potential of their revised offering. This detailed study allows for a comprehensive understanding of consumer preferences, market demand, and potential economic opportunities. Keywords: Montana, proposed, public opinion survey, determine, economic feasibility, revised product Types of Montana Proposed Public Opinion Surveys to Determine Economic Feasibility of Revised Product: 1. Online Survey: Montana may opt for an online survey method to reach a wider audience efficiently. This type of survey can be distributed through various platforms, allowing respondents to participate at their convenience. By utilizing online survey tools and social media channels, Montana increases the likelihood of gathering unbiased and diverse opinions. 2. Telephone Survey: A traditional method Montana may adopt is conducting telephone surveys, wherein trained surveyors personally reach out to potential participants. This approach ensures a higher response rate and provides an opportunity to gather qualitative insights through open-ended questions. By targeting specific demographics or regions, Montana can obtain targeted data for further analysis. 3. Focus Group Discussions: Apart from surveys, Montana may organize focus group discussions where individuals from the target market are invited to provide their input. These discussions encourage participants to share their thoughts, preferences, and concerns regarding the revised product. The interactive nature of focus groups allows for in-depth exploration of topics and generates valuable qualitative data. 4. In-person Surveys: Conducting in-person surveys, such as intercept surveys, at strategic locations like shopping malls or public events can offer valuable insights. Montana's representatives can directly engage with potential consumers and gather feedback on the revised product's economic feasibility. This method enables real-time interaction and ensures a diverse range of participants. 5. Mail Surveys: Montana might also consider utilizing mail surveys to reach a specific target audience. This method involves sending paper questionnaires via mail, allowing respondents to complete them at their convenience. Though the response rate may be lower than other methods, it provides an opportunity to collect detailed responses and valuable insights through well-crafted questions. By employing various types of surveys suited to their research goals and target audience, Montana can obtain a comprehensive understanding of the potential economic impact of their revised product. Conducting a thorough analysis of the collected data will enable informed decision-making and the successful implementation of the product in the market.
