The following table presents results from a simulated shopping and in-home product use test for a new toilet tissue from P&G's Charmin. The new brand, Charmin All Purpose, was positioned to compete against Private Labels (store brands) and as such was priced lower than brand Charmin. Stimulated Shopping Call Back Charmin All Purpose Charmin Private Label Totals Charmin All Purpose 100 80 20 200 Charmin 50 300 50 400 Private Label 50 100 250 400 200 480 320 1000
The following table presents results from a simulated shopping and in-home product use test for a new toilet tissue from P&G's Charmin. The new brand, Charmin All Purpose, was positioned to compete against Private Labels (store brands) and as such was priced lower than brand Charmin. Stimulated Shopping Call Back Charmin All Purpose Charmin Private Label Totals Charmin All Purpose 100 80 20 200 Charmin 50 300 50 400 Private Label 50 100 250 400 200 480 320 1000
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
The following table presents results from a simulated shopping and in-home product use test for a new toilet tissue from P&G's Charmin. The new brand, Charmin All Purpose, was positioned to compete against Private Labels (store brands) and as such was priced lower than brand Charmin.
Stimulated Shopping |
Call Back |
|
||
|
Charmin All Purpose |
Charmin |
Private Label |
Totals |
Charmin All Purpose |
100 |
80 |
20 |
200 |
Charmin |
50 |
300 |
50 |
400 |
Private Label |
50 |
100 |
250 |
400 |
|
200 |
480 |
320 |
1000 |
- Assume the P&G is comfortable that 95% of households will be aware of the new Charmin brand and that it will have an ACV of .95. What is your estimate of the first year share that Charmin All Purpose will achieve?
- What, if any, are the positives coming out of this test?
- What, if any, are the negatives?
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