Question: How do you tie Perceptual Mapping and Conjoint Analysis together when presenting be specific? ( 5 pts ) 2 . Define Perceptual Mapping and Conjoint

How do you tie Perceptual Mapping and Conjoint Analysis together when presenting be specific? (5 pts)
2. Define Perceptual Mapping and Conjoint Analysis. (4 pts)
3. What is utility and how can you use it?(4 pts)
Use the chart below to answer questions 4-8
4. If I was a marketing manager - what is the ideal or best TPU product for chart be sure to list feature level and utility? (4 pts)
5. Tell me why I am crying if I am the Ford, Chevy or Dodge brand manager? (3 pts)
6. Calculate the % of utility for each attribute? (7pts) you must show your work do not need to create pie chart
7. What is the most important thing you can tell me about a $40,000, Large SUV, Vinyl, Ford? (2 pts)
8. Calculate Market Share for the following SUVs. (15pts) You MUST show your work no pie charts neded!
Product A: 30,000, Midsize, Leather, Ford
Product B: 30,000, Midsize, Vinyl, Chevy
Product C: 50,000, Large, Fabric, Dodge
9. Where do you get Brands, Attributes and Levels when doing Conjoint Analysis? (3 pts)
Use the perceptual maps posted on Canvas under Course Documents and named Final Exam Maps as a guide for the following three questions:
10. List the order of Brand Preference for drinks on the perceptual maps. Explain. (5 pts)
11. If you were the marketing team for Fresca and wanted to reposition Fresca to be a preferred soft drink competing with 7-Up and Sierra Mist what would you do? Be specific. (15pts)
12. How do you name new quadrants? (3 pts)
12. Where are the coordinates for attributes on the SPSS output? (2 pts)
13. Where are the coordinates for brands on SPSS?(3 pts)
14. How do you know what recommendations should be considered strong recommendations when doing a Perceptual Mapping and Conjoint Analysis project for a company? (10 pts)
15. What does TVE mean? (2pts)(explain meaning not just what letters stand for)
16. Rescale the following output that has been run through Regression Data Analysis? (5pts)
Intercept 4.32
X1- $1003.7
X2- $2001.2
X3-10mpg -.98
X4-20mpg .21
X5 Silver 3.2
X6 Black 2.1
X7- $3000
X830mpg 0
X9 Red 0
17. Explain what TPU means. (3pts)(Not just what letter stand for)
18. A high tech company is trying to find out how important certain attribute levels are to customers. What tool would be best to help them understand the most important attribute levels? (5pts)

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