Solutions / Custom Services / Feasibility Study
Feasibility Study
The value of a feasibility study is entirely in its willingness to conclude no. One that always concludes yes is a formality with a cost attached.
Prepared to say noThe value of this work is entirely in its willingness to conclude against the project.
Modelled across scenariosCapital and operating cost, revenue build and returns with sensitivities exposed.
Stop conditions namedThe specific triggers that should end the project, agreed before it starts.
In simple terms
You tell us what you are considering building or investing in. We test whether it works commercially, technically and financially, and we will tell you if it does not.
What Feasibility Study is. Feasibility studies test commercial, technical, operational and financial viability for a proposed project, investment or product, and state the conditions under which it works and those under which it does not.
What makes this different. Fieldwork quality is decided long before anyone answers a question: in the screener, the instrument design and the quality control. That is where most of our effort goes, and it is why the findings hold up.
What the service covers
These are the areas we work across, such as the ones below. We combine them in the proportion your question needs, and we tell you which ones your question does not need.
Commercial feasibility
Demand, pricing, competition and route to market assessed against the specific proposal, not the category.
Technical and operational
What it takes to build and run, including capability, supply and infrastructure gaps.
Financial modelling
Capital and operating cost, revenue build and returns across scenarios, with sensitivities exposed.
Risk and conditions
The conditions required for viability and the specific triggers that should stop the project.
Questions this answers
If something like this is on your agenda, the engagement is already half scoped.
- Is there a real market for this at a price that works?
- Can this be built and operated with the capability we have?
- What does the financial case look like under a pessimistic scenario?
- What has to be true for this to succeed, and how likely is each?
- What would make us walk away, and have we hit it?
How you can use this
A few of the situations where this service does real work.
Before a capital commitment
Significant spend is proposed and the case is internal.
Assessing a new product line
It is technically possible and commercially unproven.
Settling an internal disagreement
Leadership is split and the debate is circular.
Supporting a funding application
A funder requires independent feasibility work.
What changes for your business
The practical difference between running on this and running on what you have now, such as the following.
You get evidence where none was published
Primary research reaches the questions no dataset answers, which is most of the questions that actually matter.
The data is clean enough to rely on
Screening, quality control and documented exclusion rules mean findings survive scrutiny rather than collapsing under it.
You get topline fast
Headline findings arrive within days of fieldwork closing, so decisions do not wait on the full report.
Respondents tell you the truth
Independent fieldwork changes what people are willing to say, particularly about what is going wrong.
You can run it again
Instrument, screener and methodology are handed over, so tracking the same question over time costs a fraction of the first wave.
You test before you commit
Concepts, prices and propositions get checked with real respondents while changing them is still cheap.
Who this is for
Roles that commission this work most often include those below. Each asks a different question and gets a different cut of the same evidence.
Research and insight teams
We need fieldwork we cannot run in-house.
Specialist capacity to your standards, with instrument, dataset and methodology handed over for reuse.
Product and marketing leadership
What do our customers actually think, rather than what we assume?
Evidence from real respondents, with verbatims, so findings can be acted on rather than debated.
Strategy and commercial leadership
Is there enough here to justify the investment?
Primary evidence on demand, pricing and competitive position where no published data exists.
Operations and quality leadership
Is what we designed actually happening in practice?
Independent observation and measurement, reported by location and behaviour so it supports coaching.
Investors and diligence teams
Can we verify this independently before we commit?
Primary market and customer evidence gathered to a defined protocol, with full quality control.
Typical clients
How we work
The third step is the one that makes the output usable, and it is the one most work of this kind skips.
Understand the decision
We start from what the findings have to support, because that decides sample, method and the precision you actually need to buy.
Design and field properly
Screener, instrument and protocol built and piloted before full fieldwork, with quality control running throughout rather than checked at the end.
Read it for your position
Findings are interpreted against your market position and the decision in front of you, not reported as a neutral data dump.
Deliver so it can be reused
Dataset, verbatims, instrument and methodology handed over, so the next wave costs a fraction of the first.
What you receive
Full dataset with respondent metadata and quality flags
Topline findings within days of fieldwork close
Analytical report with verbatimscross-tabs and implications
Instrumentscreener and methodology note for reuse
Access to Phi, our AI research platformincluded
Every engagement comes with access to Phi. Ask questions of your own findings in plain language, pull the evidence behind any number, and keep querying long after the work is delivered. Your team gets the working intelligence, not just the document.
Open PhiWays to start
Tell us the decision and the date it has to be made by. We will recommend the smallest engagement that gets you there.
Pilot wave
A small first wave to validate approach, screener and instrument.
Full fieldwork
Complete fieldwork to target quota, with analysis and reporting.
Tracking programme
The same instrument repeated on a set cycle, reported as change over time.
Common questions
Will you tell us not to proceed?
If that is what the evidence supports, yes, with the reasoning laid out so you can challenge it.
How detailed is the financial model?
Detailed enough to support an investment decision and built so your finance team can rerun it with their own assumptions.
Who owns the work?
You do. It is exclusive to you, it is not resold, and working files are handed over unlocked.
Will you sign an NDA?
Yes, before the first conversation if you prefer.
Tell us the decision you are facing
Send us the question, the context and your timeline. You get back a recommended first step, what evidence it needs, and what it costs. Not a capability deck.