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This report delves into the traditional baker market segment, focusing on sales metrics, market share, and pricing strategies. Key insights reveal that the ideal product age is 2 years, with optimal performance and size being critical for consumer appeal. Minimal changes are required to maintain market relevance, allowing for reduced R&D costs and quicker time-to-market. The report also outlines traditional customer buying criteria, including ideal price ranges between $17 and $27, size metrics, and reliability standards, crucial for effective positioning and strategy formulation.
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Traditional Market Segment -Baker-
Focus Capacity Price Age Positioning Customer Awareness Costs
Age • Ideal age of 2 years • Set the products performance and size ahead of the ideal • Not a lot of change necessary • Reduced R&D Costs • Don’t lose any time to market
Positioning • Round 7 • Traditional Customer Buying Criteria • 1. Ideal Age = 2.0 • 2. Price $17.00 - 27.00 • 3. Ideal Position • Pfmn 9.2 Size10.8 • 4. Reliability 14000-19000