An exciting use of correspondence analysis is using scanner data to generate maps. Scanner data provides information

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An exciting use of correspondence analysis is using scanner data to generate maps. Scanner data provides information on which brands a family did and did not buy. Such a set of binary data can be used to generate a map positioning the brands in a space. Brands that are close will tend to be purchased by the same families, whereas brands that are far apart tend not to be purchased by the same family. Comment.
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Marketing Research

ISBN: 978-1118156636

11th edition

Authors: David A. Aaker, V. Kumar, Robert Leone, George S. Day

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