Answer :
Answer and Explanation:
The computation is shown below:
1. Market penetration rates
For alison = 136 ÷1500 = 9.07%
For Sam = 54 ÷ 1500 = 3.6%
So, Total market penetration based on potential customers is
= 9.07% + 3.6%
= 12.67%
2. alison's unit market share is
= alison's business ÷ total business in market
= 439 ÷ (439 + 1450)
= 23.24%
3. alison's revenue is
= $11 × 439
= $4,829
4 alison's revenue market share is = alison's revenue ÷ total revenue
= $4,829 ÷ ($4,829 + 8 × 1450)
= 29.39%
5 relatve market share is
= alison's market in terms of units ÷ competitor's market share in term of units
= 0.2324 ÷ (1 - 0.2324)
= 30.32%