How Your Home Business Can Benefit From A Perceptual Map
One of the biggest headaches for marketers is deciding where a new product or service fits into the marketplace. In this article, we will show how your business can benefit from using perceptual maps to decide where to position your product or service against those of the competitors. Perceptual Map Example 1 How Your Home Business Can Benefit From a Perceptual Map. (c) Dave Mcleod/Susan Ward In the above example, customer perceptions of price versus quality for three different brands are displayed on a graph, providing an excellent visual representation of how brands can be differentiated in the minds of consumers....