Intent scale translationIntent scale translation is a mathematical technique used by marketers to convert stated purchase intentions into purchase probabilities, that is, into an estimate of actual buying behaviour. It takes survey data on consumers purchase intentions and converts it into actual purchase probabilities.
Which is most true about product X?
A marketing researcher will first assign numerical values to these intention categories. If the numbers range form zero to one, they can be thought of as intent probabilities. This is a typical example:
- definitely -> .99
- probably -> .75
- maybe -> .5
- probably not -> .25
- definitely not -> .01
If a survey respondent were to choose a response of “probably not” and an intent probability of .25 was assigned to that category, then the actual probability of purchase could be read off the vertical axis as .35, indicating the specifiers of the function feel that some people that claim they probably will not purchase will actually purchase.
Other purchase intention/rating translations include logit analysis and the preference-rank translation.