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This is an example of a perceptual map using Multidimensional scaling. Multidimensional scaling starts by asking, How similar are these 2 brands Asks for each

This is an example of a perceptual map using Multidimensional scaling.
Multidimensional scaling starts by asking, "How similar are these 2 brands"
Asks for each pair of brands
Then, each brand is rated on attributes
Results are then plotted (Similar brands are closer together; different brands are further apart)
Map the data and overlay the perceptual map with the attribute ratings
Part I: What does this data tell you.
Which brands are viewed as most similar?
Which brand is the Fiesta most different?
How does the business use this information?
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