Sean Miller

Which Customer Journey Stages Have the Highest Drop-Off?

Understanding customer behavior is crucial in today’s competitive market. One significant aspect of this is identifying which customer journey stages have the highest drop-off rates. By pinpointing these critical moments, businesses can implement targeted strategies to enhance customer experience, increase conversions, and ultimately drive growth. The Customer Journey: An Overview The customer journey refers to…

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How to Use a Research Dashboard for Real-Time Decision Making

In today’s fast-paced business environment, making informed decisions quickly can significantly impact a company’s success. A research dashboard serves as a crucial tool, providing real-time insights that aid effective decision-making processes. Understanding how to utilize a research dashboard for real-time decision making is essential for businesses aiming to stay ahead of the competition. What is…

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Will Market Research Agents Turn Self-Service into High Impact?

As the digital landscape evolves, businesses increasingly recognize the importance of market research agents in transforming self-service capabilities into high-impact strategies. With the rise of self-service platforms, organizations are now equipped to gather insights directly, enhancing decision-making processes and driving innovation. This article explores how market research agents are paving the way for impactful self-service…

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What Are “Flexible” Consumption Models: Renting vs Buying

As the landscape of consumer preferences evolves, understanding what are “flexible” consumption models becomes crucial for businesses and marketers alike. Flexible consumption models, primarily focusing on renting versus buying, reflect a shift in how consumers seek ownership, access, and convenience. This article delves into the intricacies of these models, offering insights into their benefits, distinctions,…

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Latent Demand Identification: Uncovering Hidden Consumer Needs

In today’s rapidly evolving marketplace, understanding consumer preferences and behaviors is vital for businesses seeking to thrive. Latent demand identification emerges as a critical process in recognizing and tapping into unmet needs that consumers may not explicitly express. This article explores the significance of latent demand identification, methodologies, and the value it provides for strategic…

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Which Research Insight Led to the Most Successful “Pivot” This Year?

Understanding how to adapt and pivot in today’s dynamic market landscape is crucial for businesses seeking growth and sustainability. At Luth Research, we’ve examined various pivotal moments across industries to identify which research insights have propelled companies to success this year. This article focuses on the standout insights that facilitated strategic pivots, offering a roadmap…

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When to Perform a SWOT Analysis Update

In the ever-evolving landscape of business, the importance of regularly assessing and updating strategic evaluations cannot be overstated. One critical tool for this purpose is the SWOT analysis, which examines an organization’s Strengths, Weaknesses, Opportunities, and Threats. Understanding when to perform a SWOT analysis update is essential for maintaining a competitive edge. Understanding SWOT Analysis…

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When to Use Conjoint Analysis for Pricing

Conjoint analysis is a powerful statistical technique used to understand consumer preferences and make informed decisions regarding product pricing. It provides insights into how customers value different attributes of a product, ultimately guiding businesses on the optimal price points for their offerings. Understanding when to use conjoint analysis for pricing can help organizations effectively tailor…

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What Is a Focus Group Transcript?

Focus group transcripts play a pivotal role in qualitative market research, offering a detailed narrative of discussions that take place among selected participants. Understanding what a focus group transcript entails can enhance your research capabilities and decision-making processes. Understanding Focus Groups A focus group is a qualitative research method that gathers insights through guided discussions…

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