Why brands suds and soyy have less market share

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Reference no: EM131859245

Market Analysis and Logic:

The following table displays summary information for three brands, each of which targets Shoppers. Each brand was introduced to the market several periods ago.

Based The bottom row displays Shoppers' shopping habits and ideal values (for economy, performance, convenience).

Based on this information, explain why brands SUDS and SOYY have less market share than brand SIZL. Provide a well-reasoned and insightful answer.

Target Market: SHOPPERS


Market

Share

Aware

%

Distribution Coverage

Retail

Price

Brand Perceptions


SS

MM

Online

E

P

C

SUDS

24.4%

59.2%

29.2%

35.7%

20.2%

$395

5.9

5.9

2.7

SIZL

35.2%

71.5%

38.9%

43.3%

26.7%

$385

6.1

4.8

1.6

SOYY

21.7%

77.6%

40.3%

47.8%

28.4%

$370

6.4

3.1

0.4





Shoppers' Shopping Habits


Shoppers' Ideal Values




35%

40%

25%


6.3

5.7

2.1

Reference no: EM131859245

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