Possible Beer Product Packaging Glass/Label Design Market Shares (NEW) Market Shares (OLD) Total Market Share 1 Six
Question:
Possible Beer Product | Packaging | Glass/Label Design | Market Shares (NEW) | Market Shares (OLD) | Total Market Share |
1 | Six 12Oz Small | Green Label | 5.8% | 3.5% | 9.3% |
2 | Six 12Oz Small | Brown Painted | 8.8% | 3.2% | 12.0% |
3 | Six 12Oz Small | Brown Label | 6.1% | 3.4% | 9.5% |
4 | Six 12Oz Large | Green Label | 11.0% | 3.5% | 14.5% |
5 | Six 12Oz Large | Brown Painted | 17.0% | 2.9% | 19.9% |
6 | Six 12Oz Large | Brown Label | 13.2% | 3.1% | 16.3% |
7 | Four 16Oz | Green Label | 9.4% | 3.4% | 12.8% |
8 | Four 16Oz | Brown Painted | 14.2% | 2.8% | 17.0% |
9 | Four 16Oz | Brown Label | 10.2% | 3.0% | 13.2% |
The market shares for each combination of packaging and glass/labels design is listed on the table. Combination 5, a design utilizing Six 12oz Large with brown glass and painted label maximizes the market share of New Kirin quantified at 17% . The caveat is that this combination has a tendency to cannibalize the Old Kirin market share.
(KENNY) (1 point) Given the product design selected in c), evaluate the extent to which you expect the new product to cannibalize the existing product. Specifically, how much additional market share are you getting above and beyond the existing product? Are the two products competing for the same segments of the consumers?
Management Accounting
ISBN: 9780730369387
4th Edition
Authors: Leslie G. Eldenburg, Albie Brooks, Judy Oliver, Gillian Vesty, Rodney Dormer, Vijaya Murthy, Nick Pawsey