RateMyProduct enables life science marketing and product managers to create an online presentation about a lab product or service, have it reviewed by a chosen target market and get an online report within 5 business days.
The automatically generated online report allows product managers to test their new product ideas against a database of norms created from other products evaluated and obtain critical insights at a low cost. This product allows you to obtain quantitative data by rating the features of your product or product concept and providing a final score. The RateMyProduct assesses your product on the following metrics:
Market Receptivity
Innovation
Product Utility
Purchase Criteria
Pricing Appropriateness
Message Effectiveness
Differentiation
Overall RMP Score
Industry Benchmark Comparison Prospective customers who evaluate the products are drawn from The Science Advisory Board – an expert network of more than 40,000 scientists engaged in biological research, drug discovery and biopharmaceutical production.