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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 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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