If the line graph indicates that Product B's sales are consistently higher than
Practice Questions
Q1
If the line graph indicates that Product B's sales are consistently higher than Product A's, what might this imply about their market positioning?
Product B is more popular
Product A is a niche product
Product B has better marketing
All of the above
Questions & Step-by-Step Solutions
If the line graph indicates that Product B's sales are consistently higher than Product A's, what might this imply about their market positioning?
Step 1: Look at the line graph and see that Product B's sales are always above Product A's.
Step 2: Understand that higher sales usually mean more people are buying Product B.
Step 3: Consider reasons why Product B might be more popular, like better advertising or features that more people like.
Step 4: Conclude that Product B is likely in a stronger position in the market compared to Product A.
Market Positioning – The relative standing of a product in comparison to its competitors, often influenced by factors such as sales performance, marketing strategies, and consumer preferences.
Sales Analysis – Interpreting sales data to draw conclusions about product performance and market trends.
