Question: A perceptual map is a visual technique that shows how the average target market consumer understands the positioning of the competing products in the marketplace.
A perceptual map is a visual technique that shows how the average target market consumer understands the positioning of the competing products in the marketplace. In other words, what information does a perceptual map NOT gain the marketer with respect to targeting?
a If a segment targeted is price sensitive our firm must be wary that a competitor will react.
b Given that price is their strength, a competing firm would react swiftly.
c A segment will be attuned to price sensitivity if it owns a specific price point identity.
d New unidentified segments could add to the competition in the marketplace.
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