Asked by Jessica Lopez on May 12, 2024

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Maribeth has been assigned the task of identifying her company's competitor positions in the snack chip market and she also needs to determine consumer preferences for low-carb snack chips. What tool should Maribeth use to accomplish this task?

A) VALS framework
B) mass marketing
C) salient attributes
D) perceptual map
E) micromarketing

Perceptual Map

A Perceptual Map is a visual tool used in marketing to depict consumers' perceptions of brands or products relative to competitors.

VALS Framework

A tool used in psychographic segmentation that classifies consumers into eight distinct types based on their responses to a questionnaire, focusing on values, attitudes, and lifestyle.

  • Comprehend the principle of perceptual mapping and its significance in deciphering competitive positioning.
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KK
Kenzie KimesMay 14, 2024
Final Answer :
D
Explanation :
A perceptual map would allow Maribeth to visually display the positions of her company's competitors in the snack chip market and determine the preferences of consumers for low-carb snack chips. It allows her to compare products based on different attributes and show how they are perceived by consumers.