market test

market test
market tests, market testing, market tested
1) N-COUNT If a company carries out a market test, it asks a group of people to try a new product or service and give their opinions on it.

Results from market tests in the US and Europe show little enthusiasm for the product.

2) VERB If a new product or service is market tested, a group of people are asked to try it and then asked for their opinions on it.

[be V-ed] These nuts have been market tested and found to be most suited to the Australian palate...

[V n] The company uses the simulator to market test new designs.

Derived words:
market testing N-UNCOUNT

They learnt a lot from the initial market testing exercise.


English dictionary. 2008.

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Look at other dictionaries:

  • market test — ➔ test1 * * * Ⅰ. market test UK US noun [C] MARKETING ► a test to see if a product or service is bought or liked by a small group of customers in a small area. If the market test succeeds, the product can be made available to more customers or if …   Financial and business terms

  • market test — /ˌmɑ:kɪt test/ noun an examination to see if a sample of a product will sell in a market …   Marketing dictionary in english

  • test-market — ˈtest ˌmarket verb [transitive] MARKETING to introduce a new product or service in a small area of a country to find out whether people are likely to buy it when it becomes more widely available: • The brewery will test market a new light beer in …   Financial and business terms

  • test market — ➔ market1 * * * test market UK US noun [C] MARKETING ► a particular area or group of people chosen for a limited introduction of a new product or service, new advertising campaign, etc. to test how people will react when it becomes available in… …   Financial and business terms

  • market testing — Ⅰ. market test UK US noun [C] MARKETING ► a test to see if a product or service is bought or liked by a small group of customers in a small area. If the market test succeeds, the product can be made available to more customers or if not, it can… …   Financial and business terms

  • Test-market — Test mark et, v. t. to market (a product) in a limited area for a period of time to determine the probable demand. [PJC] …   The Collaborative International Dictionary of English

  • test-market — [test′mär΄kit] vt. to test potential sales of (a product) by offering it in a limited number of small markets …   English World dictionary

  • market — Usually refers to the equity market. The market went down today means that the value of the stock market dropped that day. Bloomberg Financial Dictionary * * * ▪ I. market mar‧ket 1 [ˈmɑːkt ǁ ˈmɑːr ] noun 1. [countable] COMMERCE the activity of… …   Financial and business terms

  • test — The event of a price movement that approaches a support level or a resistance level established earlier by the market. A test is passed if prices do not go below the support or resistance level, and the test is failed if prices go on to new lows… …   Financial and business terms

  • test-marketing — test market UK US noun [C] MARKETING ► a particular area or group of people chosen for a limited introduction of a new product or service, new advertising campaign, etc. to test how people will react when it becomes available in more places: »70% …   Financial and business terms

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