5-14. Which brand is this consumer least likely to purchase? Discuss two ways the marketer of this...
Question:
5-14. Which brand is this consumer least likely to purchase?
Discuss two ways the marketer of this brand can enhance consumer likelihood of purchasing its brand. (AACSB: Communication; Reflective Thinking;
Analytic Reasoning)
One way consumers can evaluate alternatives is to identify important attributes and assess how purchase alternatives perform on those attributes. Consider the purchase of a tablet. Each attribute, such as screen size, is given a weight to reflect its level of importance to that consumer. Then the consumer evaluates each alternative on each attribute. For example, in the table below, price (weighted at 0.5) is the most important attribute for this consumer.
The consumer believes that brand C performs best on price, rating it 7 (higher ratings indicate higher performance). Brand B is perceived as performing the worst on this attribute (rating of 3).
Screen size and available apps are the consumer’s next most important attributes. Operating system is least important.
Step by Step Answer:
Marketing An Introduction
ISBN: 9781292146508
13th Global Edition
Authors: Marc Opresnik, Gary Armstrong, Philip Kotler