By Matthew Walz, Founder and CEO, The Jenny Project
In a competitive market, small adjustments in products, pricing or promotions can create a large shift in consumer behavior. Yet accurately measuring these effects has been a challenge. Traditional methods like surveys often fail to capture real-world purchasing behavior, with up to 40% of consumers misreporting their intentions. Biases, such as social desirability and cognitive distortions, further complicate the accuracy of survey results. These limitations make it difficult for brands to predict how small changes will impact consumer behavior.
The AI-driven alternative: Simulating consumer behavior at scale
AI-driven consumer insights offer a more efficient solution by simulating real-world behavior at scale. This approach utilizes synthetic panels, predictive analytics and similarity scoring to provide more accurate predictions without the need for costly or complex experiments:
- Synthetic panels: These panels analyze data from diverse consumer profiles to predict how changes, like product tweaks or promotional offers, will be received by different segments before a rollout.
- Similarity scoring: This technique ensures that AI-driven insights match real-world behavior, providing confidence in the accuracy of predictions. By virtually testing changes, brands can make more informed decisions and experiment with different scenarios to see what might have the greatest impact.
The experiment: What AI-driven personas revealed
A fast food restaurant, used AI-driven consumer testing to evaluate the impact of adding a toy to a kids' meal. The results were striking:
- Purchase intent: Adding a toy increased purchase intent by five percentage points, showing the significant effect of even a small incentive.
- Parent preferences: Parents in key demographic groups were more likely to choose the meal with the toy, highlighting the appeal of this small change.
- AI insights: The AI analyzed 1,000 consumer profiles to identify purchase intent – insights that would be difficult to capture through traditional surveys. These insights provided a deeper understanding of consumer behavior, allowing for more confident, data-driven decisions beyond the limitations of traditional surveys.
How synthetic panel testing applies to any industry
AI-driven consumer panels have applications beyond the fast-food sector. Brands in any industry, whether for product features, pricing, promotions or messaging, can leverage synthetic persona testing to:
- Simulate consumer behavior: Test different scenarios before making changes to identify the most promising options.
- Understand deeper motivators: Go beyond surface-level insights to uncover the emotional and behavioral drivers behind consumer decisions.
- Optimize small adjustments: Test and refine small changes like packaging updates, price tweaks or promotional variations before investing significant resources.
In today’s competitive landscape, even small changes can make a big difference. AI-driven consumer testing provides brands with a faster, more accurate way to test ideas and make data-backed decisions with confidence.
By simulating real-world decisions at scale, AI testing enables businesses to uncover opportunities, reduce uncertainty and make smarter, faster decisions, helping them stay ahead of competitors while minimizing risks.
Discover how The Jenny Project disrupts traditional market research. Schedule a personalized demo today.
The Jenny Project was founded with a vision to make understanding human behavior more precise, accessible and impactful. By leveraging cutting-edge synthetic data and generative AI, we created Jenny – an AI Insights Agent that challenges outdated research methods. Jenny builds unique, demographically represented AI personas that simulate real-world behavior, delivering rapid, actionable insights on brand preferences, product features and market trends. By helping businesses identify the right questions to ask, Jenny makes market research faster, smarter and more cost-effective. From startups to global enterprises, we empower brands to connect with their audiences and make confident, data-driven decisions.