“…Market analysis, in this context, involves understanding customers' perceptions, analyzing the nature of competition, and identifying market opportunities. An increasingly sophisticated number of algorithms for analyzing proximity data with the use of both spatial and tree-based techniques have emerged over the years to handle problems ranging from individual differences, to asymmetric data, to uncertainty (DeSarbo, Johnson, Manrai, Manrai, & Edwards 1992;DeSarbo & Rao, 1984;MacKay & Zinnes, 1986). There are also hybrid techniques, which simultaneously represent proximities with the use of both types of structures (Carroll, 1976;Shepard, 1980).…”