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New Product Market Demand & Pricing Study

A flexible market study for testing demand, pricing, and competitive positioning for a new or improved product/service. Covers current alternatives, feature priorities, price sensitivity, and purchase intent, with an AI follow-up interview that digs into the real reasons behind stated purchase likelihood and price reactions.

Sample questions

A preview of what’s in the template. Every question is editable before you launch.

14 questions · ~7 min
Q01
Message

Thanks for taking part in this market study! We're trying to understand how people like you currently solve a problem, what you'd pay for a better solution, and what would make you switch. It's about 8 minutes, and there are no wrong answers.

Q02
Multiple ChoiceRequired

Which of the following best describes how you currently address (Replace with the need or problem area, e.g. 'tracking business expenses')?

  • A dedicated product or service built for this
  • A workaround using tools not built for this (e.g. spreadsheets)
  • I pay someone else to handle it for me
  • I don't currently address this at all
Q03
Short Text

What specific product, service, or brand do you use most for this today, if any? (Template note: adjust this question if your category has no obvious 'current solution', e.g. brand-new markets.)

Q04
Opinion ScaleRequired

Thinking about your current solution, how well does it meet your needs?

Scale: 17
Min:Falls very short of my needsMax:Fully meets my needs
Q05
Best–Worst Trade-off (MaxDiff)Required

Which of these matter most, and least, when you're choosing a solution in this space?

  • (Replace with feature/benefit A, e.g. 'Lower price')
  • (Replace with feature/benefit B, e.g. 'Faster setup')
  • (Replace with feature/benefit C, e.g. 'Better customer support')
  • (Replace with feature/benefit D, e.g. 'More reliable performance')
  • (Replace with feature/benefit E, e.g. 'Easier to use')
  • (Replace with feature/benefit F, e.g. 'Strong brand reputation')
  • (Replace with feature/benefit G, e.g. 'Works with tools I already use')
Pick best & worst per setBest:Matters most to meWorst:Matters least to me
Q06
Price Sensitivity (Van Westendorp)Required

Pricing questions for (Replace with product/service name)

  • At what price would you consider (Replace with product/service name) to be priced so low that you'd question its quality?
  • At what price would you consider (Replace with product/service name) to be a bargain — a great value for the money?
  • At what price would you consider (Replace with product/service name) starting to get expensive, though you'd still consider it?
  • At what price would you consider (Replace with product/service name) too expensive to consider buying?
Q07
Opinion ScaleRequired

How likely are you to try (Replace with product/service name) once it's available?

Scale: 010
Min:Not at all likelyMax:Extremely likely
Q08
AI Interview

Probe the reasoning behind the respondent's purchase-likelihood score. If they scored high, find out what specifically convinced them and whether that holds up against their current solution and the prices they gave earlier. If they scored low or moderate, dig into the exact hesitation — is it price, trust, switching effort, or lack of a compelling reason to change — and ask what single change would move them higher. Reference the feature they ranked as mattering most and check whether the concept actually delivers on it.

Q09
MatrixRequired

How important is each of the following when you decide whether to buy a product or service like this?

6 rows × 5 columns
  • Price
  • Quality or reliability
  • Brand reputation
  • Customer support
  • Ease of use
  • +1 more
Columns: Not important · Slightly important · Important · Very important · Critical
Q10
Multiple Choice

Which of the following brands have you heard of? (Template note: replace with your actual competitor set before launching.)

  • (Replace with competitor A)
  • (Replace with competitor B)
  • (Replace with competitor C)
  • (Replace with competitor D)
Q11
Multiple Choice

Where would you prefer to purchase (Replace with product/service category)?

  • Directly from the brand's website
  • A physical retail store
  • An online marketplace (e.g. Amazon)
  • Through a sales representative
  • Through a partner or reseller
Q12
Multiple Choice

Which age range are you in?

  • Under 25
  • 25-34
  • 35-44
  • 45-54
  • 55-64
  • 65 or older
  • Prefer not to say
Q13
Multiple Choice

Which best describes your annual household income? (Template note: swap for company size/revenue if this is a B2B study.)

  • Under $30,000
  • $30,000-$59,999
  • $60,000-$99,999
  • $100,000-$149,999
  • $150,000 or more
  • Prefer not to say
Q14
Message

That's everything — thank you! Your responses will be combined with others to shape pricing, positioning, and product decisions. Individual answers are never shared on their own.

What’s included

  • AI follow-ups

    Adaptive probes on open-ended answers that pull out detail a static form would miss.

  • Attention checks

    Built-in safeguards against rushed answers and low-quality respondents.

  • AI-drafted copy

    Wording, ordering, and branching written by the AI — tuned to your research goal.

  • Auto report

    Themes, quotes, and a plain-English summary write themselves once responses come in.

How it compares

We reviewed the closest templates from other survey tools. Here’s what they do well — and where this template goes further.

Why this template

  • Goes beyond a single price question with a full Van Westendorp pricing set alongside a purchase-intent scale, so you get both the 'right price' range and stated likelihood to buy.
  • Pairs a MaxDiff feature-priority exercise and an importance matrix so you know which product attributes actually drive the buy decision, not just which features people like.
  • Includes an AI follow-up interview that specifically probes why someone gave the purchase-likelihood score they did — surfacing real objections or triggers that a static price/intent question can't capture.
  • Covers the full decision context in one flow — current alternatives, brand awareness, purchase channel preference, and demographics — so pricing and demand findings can be segmented immediately.

SurveyMonkey

Market Research Product Survey Questions

A fielding-ready template for general product market research, likely covering awareness, usage, and satisfaction-style questions. It's a solid generalist starting point but is not built specifically around pricing sensitivity or new-product demand testing. Question set is presumably static and requires manual editing to fit a specific product concept.

What it does well

  • Ready-to-use template backed by an established survey platform
  • Broad applicability across many product categories
  • Simple to launch quickly for general feedback

Where it falls short

  • No adaptive AI follow-up questioning — respondents can't be probed further on their answers
  • No dedicated pricing methodology like Van Westendorp or price-sensitivity trade-off questions apparent from the title
  • No transparent, auto-generated per-response quality scoring or published prompt methodology

SurveySparrow

Product-Market Fit Survey Template

A standard PMF survey template, likely centered on the classic 'how disappointed would you be' fit question and related satisfaction/usage items. It's oriented toward validating fit for an existing product rather than testing pricing and demand for a new concept. Appears to be a fixed-question template rather than an adaptive interview.

What it does well

  • Focused specifically on product-market fit measurement
  • Likely quick to deploy with a conversational survey UI
  • Good for existing-product validation use cases

Where it falls short

  • No visible pricing-sensitivity instrument (e.g., Van Westendorp) for new-product pricing studies
  • Static question flow — no AI-driven follow-up to dig into the 'why' behind fit or price reactions
  • No mention of automated quality scoring or transparent AI methodology

Typeform

Product-Market Fit (PMF) Survey Template

Typeform's PMF template offers a polished, conversational question flow typical of the platform, aimed at gauging how essential a product feels to current users. It's a fixed-form template best suited to validating an existing product's fit, not to competitive pricing or new-product demand testing. No adaptive questioning is indicated.

What it does well

  • Clean, conversational form design typical of Typeform
  • Purpose-built for the well-known PMF survey framework
  • Easy to customize branding and basic question wording

Where it falls short

  • No apparent pricing or willingness-to-pay questions for new-product demand testing
  • No adaptive AI interview to explore reasoning behind responses — all questions are pre-set
  • No automated per-response quality scoring or published prompt transparency

Ready to launch?

Open this template in the editor. Every part is yours to change before the first respondent sees it.