Brand managers for the Fruit Loops product line commissioned a perceptual product map survey to better understand
Question:
Brand managers for the Fruit Loops product line commissioned a perceptual product map survey to better understand competitive relationships in the cereal category and to point to possible new product introduction strategies. The intended positioning of Fruit Loops was as a nutritious fun to eat cereal.
Results are show below. Note: mean ratings are expressed as a percentage of those definitely agreeing with the attribute statement. For example, .45 on "Low in Fat" for Wheaties means that 45% of respondents indicated that they associate Wheaties with being low in calories.
Wheaties | Rice Krispies | Cheerios | Shredded Wheat | Cocoa Puffs | Special K | Lucky Charms | Fruit Loops | |
Low in Fat | 0.45 | 0.25 | .65 | 0.78 | 0.11 | 0.70 | 0.13 | 0.16 |
Low Salt/Sodium | 0.51 | 0.21 | 0.51 | 0.68 | 0.12 | 0.68 | 0.11 | 0.14 |
Fun to Eat | 0.12 | 0.33 | 0.18 | 0.11 | 0.75 | 0.08 | 0.69 | 0.67 |
Good Taste | 0.14 | 0.15 | 0.12 | 0.06 | 0.83 | 0.12 | 0.63 | 0.63 |
Low in Calories | 0.46 | 0.1 | 0.65 | 0.73 | 0.11 | 0.62 | 0.12 | 0.11 |
Variety of Colors | 0.05 | 0.13 | 0.11 | 0.07 | 0.77 | 0.05 | 0.77 | 0.83 |
Rich in Vitamins/Minerals | 0.53 | 0.13 | 0.62 | 0.68 | 0.06 | 0.63 | 0.13 | 0.13 |
Great Flavor | 0.11 | 0.22 | 0.32 | 0.14 | 0.69 | 0.11 | 0.71 | 0.78 |
Cool Packaging | 0.13 | 0.15 | 0.46 | 0.07 | 0.78 | 0.13 | 0.74 | 0.83 |
What are the evaluative dimensions underlying these perceptions?
Dimension 1:
Dimension 2:
Management Accounting Information for Decision-Making and Strategy Execution
ISBN: 978-0137024971
6th Edition
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young