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quester [9]
2 years ago
7

Product A - proposed lavender ice cream

Business
1 answer:
Lemur [1.5K]2 years ago
4 0

Based on the indicators above, especially the preference of products by consumers, participants preferred <u>Product B (60%)</u> to Product A (40%).

<h3>What is a brand preference?</h3>

Brand preference refers to the choice of a specific company's brand (product or service) when compared with other, equally priced, and available brand (product or service) options.

Typically, brand preference reflects:

  • Customer loyalty
  • Successful marketing tactics
  • Brand strengths.

<h3>Data and Calculations:</h3>

Question                                                              Results     Scale

How much did you like Product A?                        3.2         1-5

How much did you like Product B?                        3.9         1-5

Did you prefer Product A?                                     40%       100%

Did you prefer Product B?                                     60%       100%

How would you rate the taste of Product A?         5.1         1-7

How would you rate the design of Product A?     2.9         1-7

How would you rate the boldness of Product A? 4.2         1-7

How would you rate the smell of Product A?       6.0         1-7

Would you buy Product A if it was

available in the store? Yes =                               25%       Yes / No

Thus, based on the indicators above, especially the preference of products by consumers, the survey participants preferred <u>Product B (60%).</u>

Learn more about brand preferences at brainly.com/question/14286452

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