Consumer insights · Brand strategy · Food and beverage
UK Brand Equity, Concept Testing & Pricing
CPGS assessed brand equity, consumer demand and pricing for a European food company evaluating a plant-based proposition in the UK. Brand equity research, concept testing and pricing analysis provided evidence for market-entry and investment decisions
SITUATION
A European food company was evaluating a UK plant-based brand as a platform for bringing a new vegetable-based food proposition to market.
The decision required an independent view of brand strength, consumer appeal and willingness to pay, alongside the strategic fit of the opportunity.
PROJECT OBJECTIVE
Assess brand awareness and image against competing UK plant-based brands and an earlier research baseline.
Test purchase intent, purchase barriers and potential incrementality for the new product concept.
Identify an acceptable price range and assess how pricing affected demand, to inform launch and investment decisions.
WHAT WAS DONE
Brand equity research: Assessed prompted awareness, brand usage and image among UK shoppers buying plant-based meat alternatives, with competitor benchmarking and comparison with the previous study.
Concept testing: Evaluated unpriced and priced purchase intent, what shoppers liked and disliked, and whether the proposition would replace existing purchases or add new demand.
Pricing analysis: Used an anchored Van Westendorp price-sensitivity model, showing market reference prices to assess acceptable pricing and the optimal price point.
Strategic synthesis: Combined brand and consumer evidence with desk research to assess the brand’s suitability as a UK market-entry platform.
RESULTS DELIVERED
An updated brand-equity assessment covering awareness, usage and image relative to competitors.
A concept and pricing assessment covering purchase intent, demand barriers, acceptable pricing and potential sources of volume.
An integrated report and recommendations to inform the client’s market-entry and investment evaluation, supported by the underlying survey data.
Evaluating a consumer brand or new product proposition? Discuss your brand, concept or pricing research with Stefano Di Napoli.
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