Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

8 41 4 5 Competitor Brands (CB) G -1 7 8 9 10 Bera 0-2 CB-3 4 CB-S 11CAG CB-6 12 CB 7 13

image text in transcribed

8 " 41 4 5 Competitor Brands (CB) G -1 7 8 9 10 Bera 0-2 CB-3 4 CB-S 11CAG CB-6 12 CB 7 13 CB-8 14CB-1 15 Customer Segments (CS) 16 CS-1 17 CS-2 18 CS 3 19 CS-4 21 23 24 25 20C5-5 21680 . 3 Calibri Note: ratings are from 1 to 5 with 1 representing low' and '3'representing "high" R C D E F F G H Below is data from 1,000 customer, rating nine generic brands which are competing in a generic product category. First, customers rated the importance of price and quality on purchase decisions. This information was used to determine various customer segments (CS). Next, customer were asked to rate the nine competitor brand (CB) on price for value and product quality. Each of these was used to detmine the position of each competitor brand. Addition data on market share of the brands/segments was included. Lastly, a perceptual map was created based on the data with stars representing the various customer segments (CS) and circles representing the various competitor brands (CB). The size of the stars and circles indicate the amount of market share of the brand and segment. Note: ratings are from 1 to s with 2 representing Tow'and 's' representing high. 1 What Insights do you glean from the perceptual map? 3 Indicate Product Category Generic Product I Criteria Rating 1-5 (1-Low:5=High) Price 1.23 2 3 4 5 1.B 4 1,85 VII 5 3 2 4 1,5 4 Quality 1.25 4 2 1 5 4,75 5 1,25 A A 2 4.5 5 1,5 10% 3% Markel share 21% 5% 5% 1% 16% 23% 12% 2% 14% 25% 3.5% 2% Criteria Worksheet Perceptual Map Example === === Ra Acrobat Generic Product Perceptual Map Perceptual Map Worksheet (2) - B Price I Perceptual Map Worksheet (1) - Excel ? 539-46 x 33 (21-1 K CS5 25-3 CB-6 . 19 Generic Product Perceptual Map N Quality 62 [THEM CE Q CS-1 5 7 Fi T U V w A Y A 10 ENG 0 7 20:53 17.07.20 8 " 41 4 5 Competitor Brands (CB) G -1 7 8 9 10 Bera 0-2 CB-3 4 CB-S 11CAG CB-6 12 CB 7 13 CB-8 14CB-1 15 Customer Segments (CS) 16 CS-1 17 CS-2 18 CS 3 19 CS-4 21 23 24 25 20C5-5 21680 . 3 Calibri Note: ratings are from 1 to 5 with 1 representing low' and '3'representing "high" R C D E F F G H Below is data from 1,000 customer, rating nine generic brands which are competing in a generic product category. First, customers rated the importance of price and quality on purchase decisions. This information was used to determine various customer segments (CS). Next, customer were asked to rate the nine competitor brand (CB) on price for value and product quality. Each of these was used to detmine the position of each competitor brand. Addition data on market share of the brands/segments was included. Lastly, a perceptual map was created based on the data with stars representing the various customer segments (CS) and circles representing the various competitor brands (CB). The size of the stars and circles indicate the amount of market share of the brand and segment. Note: ratings are from 1 to s with 2 representing Tow'and 's' representing high. 1 What Insights do you glean from the perceptual map? 3 Indicate Product Category Generic Product I Criteria Rating 1-5 (1-Low:5=High) Price 1.23 2 3 4 5 1.B 4 1,85 VII 5 3 2 4 1,5 4 Quality 1.25 4 2 1 5 4,75 5 1,25 A A 2 4.5 5 1,5 10% 3% Markel share 21% 5% 5% 1% 16% 23% 12% 2% 14% 25% 3.5% 2% Criteria Worksheet Perceptual Map Example === === Ra Acrobat Generic Product Perceptual Map Perceptual Map Worksheet (2) - B Price I Perceptual Map Worksheet (1) - Excel ? 539-46 x 33 (21-1 K CS5 25-3 CB-6 . 19 Generic Product Perceptual Map N Quality 62 [THEM CE Q CS-1 5 7 Fi T U V w A Y A 10 ENG 0 7 20:53 17.07.20

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Routledge Handbook Of Integrated Reporting

Authors: Charl De Villiers, Warren Maroun, Pei-Chi Hsiao

1st Edition

0367233851, 978-0367233853

More Books

Students also viewed these Finance questions

Question

6. Identify seven types of hidden histories.

Answered: 1 week ago

Question

What is human nature?

Answered: 1 week ago