Question
Geographic Quadrant Analysis First, we're going to practice performing a geographic quadrant analysis with Markets A, B, C, D, and E using CDI and BDI
Geographic Quadrant Analysis
First, we're going to practice performing a geographic quadrant analysis with Markets A, B, C, D, and E using CDI and BDI indices. Using the following table to answer Questions 1 - 4.
Note: the table is the same for each question but is simply re-inserted for ease of answering.
Question 1 (0.5 points)
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Which market(s) is(are) the core market(s) for the brand? What advertising strategies should be applied in the core market(s)?
Question 1 options:
Markets A and C; there is no need to invest in advertising. | |
Market B; the strategies should be to expand into other categories and invest in advertising for new customers. | |
Market E; the strategies should be to maintain the sales and invest in advertising for loyal customers. | |
Market C; the strategy should be to win new customers and make them aware of/try the brand. |
Question 2 (0.5 points)
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In which market(s) does the brand have a growth opportunity? What advertising strategies should be applied in the growth opportunity market(s)?
Question 2 options:
Market D; the strategies should be to maintain the sales and invest in advertising for loyal customers. | |
Market A; the strategy should be to win new customers and make them aware of/try the brand. | |
Markets C and E; the strategy should be to invest in category expansion. | |
Market B; there is no need to invest in advertising. |
Question 3 (0.5 points)
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Which market(s) is(are) the category expansion market(s) for the brand? What advertising strategies should be applied in the category expansion market(s)?
Question 3 options:
Market A; there is no need to invest in advertising. | |
Markets C and E; the strategy is to win new customers by making them aware of/try the brand. | |
Market D; the strategies should be to maintain the sales and invest in advertising for new customers. | |
Market B; the strategy should be to invest in category expansion since the category is narrow. |
Question 4 (0.5 points)
Saved
In which market(s) does the brand have a limited opportunity? What advertising strategies should be applied in the limited opportunity market(s)?
Question 4 options:
Markets C and D; there is no need to invest in advertising.
Market E; the strategy should be to invest in category expansion since the category is narrow.
Market D; the strategy should be to win new customers by making them aware of/try the brand.
Market A; the strategies should be to maintain the sales and invest in advertising for loyal customers. | |||||||||||||||||||||||||||||||||||||||||||||||||||
Question 5 (0.5 points) Saved Analyze the table that represents the sales of Nature Valley bars in 2017 by heavy, medium, and light users then choose the statement that most showcases the Pareto Principle (20/80 rule). Question 5 options:
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Breakeven Point Analysis Question 6 (1.5 points) Match the media choices with the most appropriate brand type. Make a choice based on whether you will maximize your return on advertising investment. Question 6 options:
Shares of Market, Spending, Voice, Etc. Question 7 (1 point) For a majority of the U.S. population, Meijer would be a new brand. You know that it wants to gain 5% of market share nationally. You also know that big supermarket chains, such as Walmart, spend a total of $13 million on advertising annually. Using 1.5 to 2 times rules, first calculate the recommend share of spending range for Meijer. Then, using the share of spending range, calculate the dollar amount range that Meijer would have to spend on advertising. Which of the following options is how much Meijer should spend? Question 7 options:
Question 8 (1 point) Match each term with a relevant example. Question 8 options:
Question 9 (1 point) Saved If the total number of impressions that your brand and your direct competitors in the house cleaning category earned from advertising is 70.8 million impressions and your share of voice (in impression count) in the category is 1.5 million impressions, what is the share of voice in % for (a) your brand and (b) for your competitors? Question 9 options:
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