Question: Simulation problem in marketing management Every retail outlet has unique characteristics that influence a brand's success. These include the location of the outlet, the type

Simulation problem in marketing management  Simulation problem in marketing management Every retail outlet has unique characteristics
that influence a brand's success. These include the location of the outlet,

Every retail outlet has unique characteristics that influence a brand's success. These include the location of the outlet, the type of shopper who frequents the outlet, the cost of doing business through the outlet, and outlet policies governing the product category in which you compete. Outlet policies include how much shelf space they allocate to the product category, how they allocate shelf space among brands, whether they carry a broad or narrow line, their willingness to carry in-store point-of-purchase promotional displays, etc. This assignment is designed to provide insight into that process by asking you to visit three retail outlets in your neighborhood: a mass merchandiser, a grocery store, and a drugstore. Please fill out the tables below and then discuss your findings. 1. Complete the following to table to create general descriptions of outlets with respect to the OTC cold medication product category. 2. Complete the table below to compare the presence of a particular OTC liquid multisymptom cold medication across channel outiets. Name of Brand: 3. Why is shelf space such an important measure? How do you think a brand-especially a new brand-gains sheIf space? What motivates channels of distribution to sell a oroduct

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