Question
(Questions 7-11) You are the Marketing director for Great Lakes Brand Cherry Treats, a regional company headquartered in Traverse City, MI. You distribute cherry-based snack
(Questions 7-11)
You are the Marketing director for Great Lakes Brand Cherry Treats, a regional company headquartered in Traverse City, MI. You distribute cherry-based snack products made from Michigan cherries exclusively, and you sell to the markets that surround Lake Michigan. Competition comes from all other brands in the category - hence competitiors are referred to as Fruited Snack Brand Sales.
Market | HHS (000) | % HHS | Great Lakes Brand Sales $(000) | % Great Lakes Brand Sales | Fruited Snack Brand Sales $(000) | % Fruited Snack Brand Sales | BDI | CDI |
Chicago | 3,449.3 | 1,350 | 14,040 | 52.00% | 82.30 | 95.10 | ||
Grand Rapids | 727.1 | 390 | 2,160 | 8.00% | 112.79 | 69.41 | ||
Green Bay | 424.2 | 180 | 1,890 | 7.00% | 89.23 | 104.10 | ||
Lansing | 256.2 | 180 | 1,350 | 5.00% | 147.74 | 123.12 | ||
Milwaukee | 872.7 | 450 | 3,510 | 13.00% | 108.43 | 93.97 | ||
South Bend | 332.3 | 150 | 1,890 | 7.00% | 94.92 | 132.89 | ||
Traverse City | 246.7 | 300 | 2,160 | 8.00% | 255.72 | 204.57 | ||
Total | 6,308.5 | 3,000 | 27,000 |
TIPS: To simplify this problem, assume that these seven markets comprise the total universe for your brand. Likewise, the 6,308.5 (000) Households in the table below represent 100% of the population. The $3 million in sales for Great Lakes and the $27 million for Fruited Snacks also represent totals for the "universe".
Name the markets with low BDI and high CDI, and advise your client on the best advertising/marketing action in light of your brand, the category, and potential competitive threats. (5 points)
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