1. Sierra Nevada is the second bestselling craft beer in the United States. It has many competitors that it must consider. Some of these competitors are obvious, but some are less so. Look at the options below and classify each as one of the four types of competitors: Brand, Product, Generic, Total-Budget Competitors ■ Tap water at a restaurant: ▪ New Belgium Brewing beer: I Bottle of Merlot: I Cigarettes: ▪ Milk: I Bud Lite: Chewing gum: A margarita: I

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
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1. Sierra Nevada is the second bestselling craft beer in the United States. It has many
competitors that it must consider. Some of these competitors are obvious, but some are less
so. Look at the options below and classify each as one of the four types of competitors:
Brand, Product, Generic, Total-Budget Competitors
Tap water at a restaurant:
New Belgium Brewing beer:
Bottle of Merlot:
Cigarettes:
Milk:
Bud Lite:
Chewing gum:
A margarita:
2. Competitors of Existing Brans/Products
Brand
Generic
Total-Budget
Lays Potato
Chips
Levi's Jeans
Toyota
Tacoma
I
I
.
I
I
I
Product
Transcribed Image Text:1. Sierra Nevada is the second bestselling craft beer in the United States. It has many competitors that it must consider. Some of these competitors are obvious, but some are less so. Look at the options below and classify each as one of the four types of competitors: Brand, Product, Generic, Total-Budget Competitors Tap water at a restaurant: New Belgium Brewing beer: Bottle of Merlot: Cigarettes: Milk: Bud Lite: Chewing gum: A margarita: 2. Competitors of Existing Brans/Products Brand Generic Total-Budget Lays Potato Chips Levi's Jeans Toyota Tacoma I I . I I I Product
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