Question

Which of the following offers marketing managers a useful technique for measuring and developing a product's position by taking consumers' perceptions of how similar various brands or products are to each other and relates these perceptions to product attributes?

Answer 1

Options:

A. regression analysis

B. conjoint analysis

C. analytical mapping

D. perceptual mapping

E. laddering

Answer:

Correct option is D.

Perceptual Mapping

Step-by-step explanation:

Perceptual mapping / Market mapping is a diagrammatic technique used by asset marketers that attempts to visually display the perceptions of customers or potential customers. The positioning of a brand is influenced by customer perceptions rather than by those of businesses.