Tata Institute of Social Sciences V.N. Purav Marg, Deonar, Mumbai 400 088 ( A Deemed University under Section 3 of the UGC Act, 1956 Multivariate Predictive Analysis -II Semester – III Case study Cerenity Sanitizer: Marketing Research for New Product Launch Submitted by Apoorv Chouhan Submitted to Dr. Mansi Awasthi Introduction The article details about the market research conducted prior to the launch of a product, Cerenity, a toilet seat sanitizer. A product-focused on women’s needs, who happen to use public restrooms frequently. The pre-launch research was divided into two stages 1) Qualitative study (explorative study) through focus groups, in-depth interviews, and participant observation. 2) Quantitative research by conducting surveys and data collection and evaluating techniques like regression, conjoint analysis, factor analysis, and cluster analysis. The study aimed to understand the consumer needs and their attitude towards the product and ultimately lead finding to develop product acceptance from its end users and establish it as a preferred and trustworthy brand for use. From the initial exploratory analysis, the team concluded the following items important in making the purchase decisions, 1. 2. 3. 4. 5. 6. 7. Germ killing effectiveness, Ease of use Ease of carrying Fragrance Time of action Product form Product price Post that, focus groups (user and non-users) surveys (7 points Likert scale) were conducted. And test interpretations were found to be as: 1) Regression analysis Analysis revealed that purchasing likelihood had a higher correlation with perceived health issues from unhygienic toilet seats at the workplace, study areas, and malls, however, the R2 and adjusted R2 value suggest that some more explanatory factors might be not included or can be included in the performed analysis. 2) Conjoint analysis It was performed to identify the relative attributes of product and probable market price range, form, and other factors with six attributes and three variables in combinations. (18 combinations) The mean scores of respective combinations led to a conclusion of optimal product to be as (by optimizing means scores of all the varieties) Germ killing capability – 99% Fragrance lime fresh Time < 1 minute Form spray Price ₹ 150-200 Carry size 50ml And further, six fragrance variants with optimum size were also extrapolated with the high scoring factor (for time, form, and germ-killing capability) data with their to be respective market shares for the same product. 3) Cluster Analysis The team had concluded with two clusters set 1) with outliers data 2) without outliers data … a typical problem that when we have too much variances in due to the variables, however with the removal of outlier data the it indicated findings in congruence with conjoint analysis that ease of use, germ killing capacity and carrying had higher importance in purchase group except for sub premium group (carrying capacity). However with all the clusters identified the favorability towards the product was found to be high. 4) Factor analysis The initial hypothesis of the team that the product had to be communicated as the safe and convenient product that can be used with ease and safety anywhere. The observations in factor analysis revealed similar findings; as the high loadings were observed for the continence factor and the rest were explaining effectiveness and use. The same is presented through a simple chart below that how the underlying factors related with the two dimensions,further, the two dimensions were checked with regression analysis to find out their degree of weightage for final likelihood to purchase. Which would ultimately give us direction for the last campaigning focus point during the marketing of the product. Comfort Ease Convenience (D1) Confidence Carry Likelihood to purchase Dryness Price Effectiveness (D2) Germ killing Fragrance Factor loading pattern after verimax rotation The regression findings were also consistent with the initial hypothesis of the convenience factor having a higher coefficients value than effectiveness. Kaiser Meyer olkin was done to check data adequacy Before performing factor analysis. Further, two regression models were built to analyze usage and overall performance with underlying price, convenience, and effectiveness factors. The results are presented in the following tables, showing that the latter two factors have higher significance than the price positioning. Conclusion: As the ultimate goal of the study was to establish long-term and short-term strategies for product introduction and establishment as a trusted brand of preference. Thus the marketing campaign should demonstrate the following features ( in order of priority ) germ-killing effectiveness, ease of use, ease of carrying, and multiple fragrances(lemongrass as default) as an option. The price range of the product could be determined with the size of bottling 150 -200 for 75 ml and 100-50 for 50ml and can be divided into two premium and sub-premium categories in combination with fragrances. With default form as spray and a comprehensive awareness campaign should be addressed as the point of sales option varied from malls, chemist, grocery stores, online and offline retail stores in short term strategic decision. However, for longterm decisions, it is essential to observe the responses and feature addition on all the aspects and unit economics of the product, as the awareness quotient for the said product appears to be low and questionable without data.