Purpose & Methodology
Review the Purpose & Methodology document your team prepared for Buhi's final report.
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20 W 34th StNew York, NY 10001PurposeThe purpose of this new product development survey is to conduct concept development forBuhi Supply Co.’s potential luggage line to better understand the target market, competitors,desirable features, and pricing.This study attempts to answer the following questions:1.What does the competitive landscape for high-quality, mid-market luggage look like?Who are the players? What are their market shares? Is there room for Buhi to enter thismarket?2.What are the most desirable functions and features that should be built into this line ofluggage?a.Learn from category users about their experiences with luggage in general (prosand cons) to uncover unique features and functions that may not yet be availablein the marketplace.b.Along with the top-of-mind features gathered, Buhi would also like to obtaininterest ratings on ergonomic handles, unbreakable shells, and antimicrobialinterior fabric.3.What are the most desirable aesthetic elements (e.g., colors, design, material, etc.)?4.What can consumers be expected to pay for such a product in a large size (price range)?5.What marketplace segmentation would require product variations (e.g., businesstravelers, vacationers, world travelers, domestic travelers, etc.)?Methodology●An email invitation to an online survey was emailed to a random sample of 20% of allpotential respondents in a purchased database (50,000).●1,233 surveys were completed as a result of the initial email. A reminder email was sentto those who did not respond, accumulating an additional 447 surveys.●A total of 1,680 surveys were collected in one week, resulting in a response rate of16.8%.●At the 95% confidence level, this study has a margin of error of +/- 2.38%.●Since the methodology was limited to those on a purchased list of consumers interestedin fashion, travel, and accessory apparel, the results may not be representative of Buhi’starget market.