Question: Target Segment - Recreation (1st Priority) - Work (2nd Priority) - Mountain (3rd Priority) - Speed (4th Priority) - Youth 5th Priority Market Size To

Target Segment

- Recreation (1st Priority)

- Work (2nd Priority)

- Mountain (3rd Priority)

- Speed (4th Priority)

- Youth 5th Priority

Market Size

To Focus on smaller, high margin segments

Geographic Market 

To focus on smaller, less costly geographic markets

Competitive posture

To build a market position and defend it

Distinctive competencies

To be the high service provider in the market

Market Potential

12 month potential demand     
CityYouthWorkRecreationMountainSpeed
Portland1,6881,3284,1715,5873,870
New York City2,0446,0775,8664,4844,647
Amsterdam3,6677,9525,2421,9852,570
Nantes2,7802,1594,9273,4423,868
Bogota9033,2593,1023,0311,055
Rio de Janeiro1,1634,0133,9842,7161,284
Johannesburg9272,3952,2861,9921,554
Konya9423,5523,2292,3531,580
Tokyo2,2297,4104,9203,2944,472
Bangalore2,5604,9623,5071,7362,049
Melbourne1,5305,3233,9773,5102,946
Hangzhou8573,9032,6702,0511,449

 

Based on the given information above.  Specify which sales outlet should be opened for the test market next quarter. Note the setup cost, which will have to be paid this quarter, and the lease cost, which will have to be paid each quarter in the future.


Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

To determine the sales outlet that should be opened for the test market next quarter we need to cons... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Marketing Questions!