Perceptual map | Marketing homework help

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This assignment is based on the article: Victoria’s Secret Faces Challenge From Target,  (Links to an external site.)Links to an external site.By Khadeeja Safdar | Feb 25, 2019, WSJ.

Both the article and the perceptual mapping tool are posted below and attached.



SUMMARY: Target is launching lingerie and sleepwear lines, becoming the latest retail behemoth to challenge market leader Victoria’s Secret.

This article provides a good example of key marketing concepts including competitive strategy, branding, and positioning.

Your assignment: Create a visual perceptual map to illustrate where each of the competing lingerie and sleepwear brands are positioned in consumers’ minds relative to one another.