Sales for XYZ running shoes | |||
Region | Population | Product Sales (2017) | Total category sales (2017) |
New England | 10,400 | 277 | 1939 |
Mid Atlantic | 33,400 | 1,031 | 8000 |
East Central | 25,600 | 919 | 7000 |
West Central | 29,200 | 478 | 6536 |
South East | 38,000 | 1,054 | 10111 |
South West | 21,900 | 579 | 5000 |
Pacific | 36,400 | 671 | 4890 |
Based on the data above:
Q1. What is the best market for this brand and why?(3 pts)
Q2. What is the worst market for the product categoryand why?(3 pts)
Q3: What would your advice be -- regarding the Pacific market-- to a product manager allocating resources between these markets?(3 pts)
1. Best market for this brand is south east. This is because amongst all the market this has the highest product sales and highest category sales for 2017.
2. worst market for this brand is new england. This is because amongst all the market this has the least product sales and least category sales for 2017.
3. Pacific market has second highest population after south east and is highly under penetatred. Sales are at lower end and high population gives immense scope to penetrate the market and increase the sales significantly.
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