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The Sippy Soda Company is launching a new cherry cola. They are targeting heavy cherry cola users and occasional cherry cola users. The soda will

The Sippy Soda Company is launching a new cherry cola. They are targeting heavy cherry cola users and occasional cherry cola users. The soda will be sold in 2-liter bottles only and the estimated ACV is 92%. Consult the chart below to determine sales volume for the coming year.

Segment Awareness (%) Trial Rate (%) Trial Purchase Quantity Repeat Purchase Rate (%) RepeatFrequency per year RepeatPurchaseQuantity SizeofTargetMarket(Millions)

Heavy Cherry Cola Drinkers

82% 65% 3 bottles 60% 25 3 bottles 21 million
OccasionalCherryColaDrinkers 41% 30% 1 bottle 20% 8 1 bottle 80 million

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