Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The two following studies are from a hypothetical Sabre simulation in a particular round. Market Study 2: Purchase Intentions by Segment (%) Company Product Alpha

The two following studies are from a hypothetical Sabre simulation in a particular round.

Market Study 2: Purchase Intentions by Segment (%)
Company Product Alpha Beta Gamma Delta Epsilon Overall
1 Red Baller 2.4 1.4 1.1 5.1 15.4 4.8
Banness 9.3 6.1 3.5 3.2 2.5 4.6
2 Orange Caster 3.2 1.9 1.7 6.2 10.6 4.8
Cloudstar 12.5 10 8.6 3.9 2.8 7
Cayman 14.2 12.5 8.9 3.9 2.8 7.8
3 Yellow Danil 2.9 1.7 1.4 7.5 21 6.6
Dowell 9.8 8.7 6.9 4.8 3.6 6.5
Daibi 15.2 27.4 44.6 7.5 5.1 19.1
4 Green Faldo 3 1.8 1.5 8.2 20.7 6.9
Fano 19.8 22.2 14.7 4.5 3.2 11.7
Fame 7.8 6.3 7.1 45.1 12.4 20.2
Numbers based on units (not value).

Market Study 3: Market Share by Segment (%)
Company Product Alpha Beta Gamma Delta Epsilon Overall
1 Red Baller 3.6 2.2 2 12.9 24.8 9.2
Banness 14 9.8 6.4 8.1 4 8.4
2 Orange Caster 3.3 2.1 2 10.4 11.8 6.4
Cloudstar 5.5 4.5 4.6 2.9 1.2 3.7
Cayman 22.7 21.4 17.2 10.7 5.8 15.8
3 Yellow Danil 4 2.5 2.5 18.5 33.4 12.6
Dowell 12.3 11.6 9 8.5 3.4 8.9
Daibi 8.9 16.8 34.8 8.1 3.9 14.5
4 Green Faldo 0.6 0.4 0.4 3.5 7.1 2.5
Fano 24.3 28.1 20.1 8.8 3.2 15
Fame 0.8 0.7 0.8 7.6 1.5 3
Numbers based on units (not value).

Question 1.) The product with the highest achieved overall market share, Cayman, received one of the worst net income performances of all products by all companies (from Income Statement reports not shown here). Name five major reasons, listed in order of importance (number 1 being most important), on why this situation may have occurred and discuss their strategic marketing decision-making implications for all companies.

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

Foundations of Marketing

Authors: William M. Pride, O. C. Ferrell

3rd Edition

618973370, 547154569, 9780618973378, 978-0547154565

More Books

Students also viewed these Marketing questions