General Studies · Marketing - Product Positioning
Arrange the key steps in developing a perceptual map to determine the market position of a brand in the correct chronological sequence: A. Identify a set of competing brands B. Conduct quantitative research where customers score each brand on key attributes C. Plot the brands on a two-dimensional visual space D. Identify the aggregate product category or market of interest E. Identify important attributes that consumers use when choosing brands using qualitative research Choose the correct answer from the options given below:
- 1E, B, C, A, D
- 2A, C, D, B, E
- 3D, A, E, B, C✓
- 4B, C, E, D, A
Correct answer
D, A, E, B, C
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