Month: June 2024

Conjoint Analysis: Maximize the Value in Membership-Based Businesses

Introduction to Conjoint Analysis Conjoint analysis, also known as Lego analysis, is a survey-based statistical technique used in market research. It helps determine how people value different attributes (features, functions, benefits) that make up a product or service. By breaking a product into its parts, similar to a Lego house made from many bricks, and