Comparative Willingness-to-Pay Research

Willingness-to-Pay

Comparative Willingness-to-Pay

Quickly research what your customers in a given market are willing to pay across several products or services. Compare results and analyze differences in WtP.

Solve different pricing challenges:

  • Setting the right price, instead of using guesswork.
  • Implementing price increases more effectively.
  • Setting prices for new products
  • Test new product concepts for their impact on customers' willingness-to-pay
  • Competitive price positioning

Are Customers Willing to Pay More for Some Products than Others?

PriceBeam's Comparative Willingness-to-Pay Research not only identifies the optimal price point for single product or service, but rather allows you to compare WtP across multiple products, both your own and that of the competition. The optimal price points are where the curves peak.

  • Compare up to 10 different products in one study.
  • Run the analysis in a single market or across multiple countries
  • Run it in 109 countries world-wide.
  • Get results for the overall market or broken down by customer segment.
Comparative Willingness-to-Pay
Willingness-to-Pay by Segment

What about the Competition?

Compare easily your own willingness-to-pay with that of the competition. Find out if your product is considered more valuable, the same or less valuable than the closest competition.

Available in 109 Countries

Run the analyses in 109 countries around the world without leaving your desk. PriceBeam takes care of finding respondents, asking the right questions in the local language, interpreting results, and delivering the final analysis to you.

  • You define the target market and describe the product.
  • PriceBeam finds the right respondents in each of the markets.
  • Run single-market assessments.
  • Run and compare results between countries, as part of international launches or price increases.
Comparative Willingness-to-Pay

How Does It Work?

PriceBeam’s solution conducts extensive market research, collects and analyzes data before delivering a detailed report on your customer’s willingness to pay. This data will enable you to stick out from the competition, maximize profit, and set prices that aid your long-run brand positioning.

Define offering & target market

You describe your product/service on our cloud-based platform. You also define the target market to research.

Conduct Market Research

We collect market research for the given product/service in the defined target market.

Analyze

We collect and analyze the data.

Report

We report the analysis and conclusions to you in our cloud-based solution.

Packages

PriceBeam solutions can solve different types of pricing challenges.

Essential Package - Consumers

Quickly research what your customers in a given market are willing to pay for a product or service.

  • Consumer insights
  • Understand willingness-to-pay
  • Overall market analysis
  • Existing or new product

Advanced Package - Consumers

Expand research by analyzing Willingness-to-Pay overall as well as per segment.

  • Consumer insights
  • Understand willingness-to-pay
  • Overall market analysis
  • Drill-down by segments
  • Existing or new product

Business-to-Business Package

Understand what willingness-to-pay among business customers

  • Business insights
  • Understand willingness-to-pay
  • Overall market analysis
  • Drill-down by segment
  • Existing or new product
  • PriceBeam panel or own panel

Want to Get Started?

Book a demo Get Started with a Trial Account Buy Now

About Us

With a methodology that is confirmed to be accurate in thousands of projects, PriceBeam provides self-service market research to companies of all sizes that quickly, accurately, and affordably discovers your customers’ willingness to pay for your product or service.

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info@pricebeam.com
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