Packaging Design Market Research
Why is Packaging Important?
Packaging is a vital marketing tactic. Businesses use packaging to embellish merchandise to entice the consumer. Crafting appealing and persuasive packaging intrigues first-time buyers. Many consumers judge a product by its packaging before buying it. It is a product’s identity. Even shopping bags speak to your customers and impact brand perception.
Many companies conduct extensive research on designs and color schemes for product packaging. These companies need to know the types of packaging that are most attractive to the intended consumer. Why do they go to such lengths? Because product packaging is often what often entices the consumer to take a look at the product.
Marketers should use every inch available to them when packaging a product. Cost efficiency is also essential. Marketers need to look at the quality of materials. They also need to look at shipping methods used if they want to get value for their money. Another consideration is brand reinforcement. The design features used on a company’s packaging is a principal part of its brand identity. It uses packaging to communicate that identity to its target audience. Ease of use is another critical factor. A package that is easy for consumers to carry, use, or store will perform better than one that is hard to manage.
The Rise of Packaging Trends
Companies can take advantage of trends like 3D printing to create on-demand packaging. This trend enables brands to offer customers personalized packaging. It also allows businesses to roll out new packaging in response to special events.
Pressure from lobby groups and the media is also forcing many brands to go plastic-free. Consumers also push brands to use 100 percent sustainable packaging. The challenge for marketers begins with defining which new material is best to use. This definition can be difficult, given the oft-changing tide of public opinion. Changing packaging from say a can to a pouch also takes time. Such a transition calls for a brand-new production line.
The plastic pouch bag remains one of the most cost-effective packaging options available. Another popular low-cost choice is paperboard boxes, which are easy to customize. Many companies also go for paper bags. In this way, they brand themselves as eco-friendly businesses.
How Does Qualitative Research Help Packaging Design?
New product concept testing is a qualitative research method. It helps marketers by determining the reactions of individuals to alternative packaging designs. Usability testing is another method that helps. This method compiles user observations on design features. It assists marketers by outlining the features that are easy or difficult to use. Qualitative research can also help marketers to use packaging to improve brand perception.
How Does Quantitative Research Help?
The spoken response to the question “Do you like this product?” may not always be the real answer. Respondents may give distorted responses because of cognitive biases. The solution is eye tracking. This metric helps marketers to understand a consumer’s experience better. Surveys are another quantitative method. These polls are valuable in measuring how the proposed packaging design is working. They also help marketers to determine whether the new model is ready for market entry.
How Does Strategy Research Help?
In-depth competitive analysis is indispensable to any organization. Another valuable tool is a market opportunity assessment. This metric identifies requirements and barriers to entry in the market. Companies also need to research market sizing. This tool helps firms to distinguish between the addressable and the available market. The addressable market is the total revenue opportunity for a product or service. The available market is a section of the addressable market for which a company can compete.
Another vital element of strategy research is industry tracking. The strategic monitoring of consumer observations, responsiveness, and behavior delivers crucial marketing intelligence. This intelligence helps guide companies through the chaotic, rapid changes in media. It also leads them through the disruption in technology and distribution channels. Strategic tracking answers essential questions such as how brand awareness is trending. This method enables companies to better compete in the market.
Contact us for your next Market Research Project.
- Email direct: [email protected]
- Contact one of our global offices