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Why Purchase Intent is an awful question and what you should use instead

April 22nd, 2024 No comments

Using purchase intent as a decision metric in advertising research?

Terrible idea. Here’s why:

1️⃣ It’s not predictive of sales. MSW’s Brand Preference correlates to sales at 0.87, rising to 0.92 with price and availability factored in.

2️⃣ Purchase intent asks the wrong question. MSW’s brand preference forces consumers to make a choice, reflecting true buying decisions.

3️⃣ It lacks consistency across borders, influenced by country, culture, and demographics.

4️⃣ Benchmarking is near impossible. Big brands naturally score higher due to higher penetration, skewing results.

5️⃣ You learn little. Purchase intent doesn’t predict sales or reveal brand competition insights.

Switch to MSW’s brand preference for more informed decisions that drive sales, volume, and market share.

And contact me and I’ll share a special bonus reason #6 – for why using purchase intent is a terrible decision.

 

TouchPoint℠ – Creative Assessment

April 22nd, 2024 No comments

At MSW Research, we’re committed to elevating your brand’s creative impact.

One of our flagship offerings, TouchPoint℠, stands out as the most predictive and validated solution available in the industry.

Endorsed by Quirk’s Media, our TouchPoint℠ system has been rigorously validated against actual business results, setting the standard for advertising measurement.

TouchPoint℠ provides invaluable insights into the likelihood and magnitude of creative impact on sales volume and market share.

It goes beyond merely assessing the quality of ads; it quantifies their potential to drive new sales penetration and enhance customer retention and loyalty.

Ready to elevate your touchpoints and creative messaging for greater sales, volume, and market share?

Contact us today to explore how MSW’s suite of solutions can propel your brand to new heights.

MSW Sifter℠, early-stage message and value proposition test

April 22nd, 2024 No comments

The key to successful advertising lies in a strong value proposition.

At MSW Research, we understand the critical role that a robust value proposition plays in shaping effective campaigns.

Our MSW Sifter℠ offers an early stage message and value proposition test, allowing brands to identify the right foundation for their advertising endeavors.

Through extensive research spanning numerous creatives and leading brands across various industries, we’ve consistently observed the pivotal importance of a strong value proposition.

It serves as the bedrock upon which compelling advertising is built, significantly increasing the likelihood of success across different media platforms.

The MSW Sifter℠ methodology empowers brands to pinpoint the optimal value proposition swiftly and efficiently, saving valuable time and resources typically spent on creative development.

Contact us today to discover how MSW Sifter℠ can help identify the right value proposition for your brand, paving the way for impactful advertising and predictable sales growth.