Application of various consumer behaviour concepts

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Reference no: EM131525078

Assessment Description

Overview: This assessment is a culmination piece, in which you will be given an opportunity to combine the information you have accumulated in Assessments 1 and 2. More importantly, you will need to showcase an understanding of marketing issues related to consumer behaviour such as attitudes, group influences, culture, social class, consumer learning processes, and personal buying decision-making processes.

The Task: Based on the scenario below, you are required to write a 2000 word report. In this report you must demonstrate an understanding and application of various consumer behaviour concepts and theories by analysing the facts gathered from the video and the survey, and present strategic recommendations. You will be required to incorporate recent peer reviewed literature in order to justify your proposed recommendations.

Scenario: Imagine that you have just been employed by the company you analysed in your earlier assessments. You have recently learnt that the company's customer loyalty has declined over the last year and that repeat purchases are at a historic low. You have now been asked to prepare a report outlining the issues you identified in your previous analyses, issues related to current marketing communications, and to provide at least three strategic recommendations to the board of directors, along with reasons for recommending further improvements, all of which must be based on scholarly sources.

Assessment Format

The paper is to be presented in a professional report format and cannot exceed 2000 words. In all of the responses, whilst your views are important and must be shared, you must cite consumer behaviour theory to support your position.

Your report MUST follow this professional structure: Title Page
Table of Contents
Table of Figures (optional)
Executive Summary (1 page long, no more or less) Selected Product or Service Overview (250 words) Critical Analysis (1150 words) of issues identified in:
- Consumer decision-making process
- Individual, psychological, cultural and social factors affecting consumer behaviour
- The most recent marketing communications of this product or service
- The current marketing strategy
Strategic Recommendations (600 words) that are logical and feasible. Appendices (optional)

Reference List

NB: Title Page, Table of Contents, Table of Figures, Reference List & Appendices do not count towards the word limit of your analysis.
You must use a minimum of 15 references.

Please note that Wikipedia and other ‘popular' or non-academic sources are not to be used.

Verified Expert

This is a word document about the Consumer behaviour is the study of individuals, groups, or organizations and the processes they use to select, secure, use, and dispose of products, services, experiences, or ideas to satisfy their needs and wants. The lesson addresses consumer behavior in marketing. Consumer behavior is explained and the way companies learn about consumer behaviour.

Reference no: EM131525078

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Reviews

inf1525078

7/19/2017 5:20:12 AM

Hi team. For this Articles and pears refrance must be 15 menimum WOW!! you are genuinely stunning and grabbed a seat as I have a sum of 7 papers due. I wish I could stand to send every one of them to you. I can't thank you enough and for being ahead of schedule as both aren't expected til one month from now.

len1525078

6/10/2017 1:13:03 AM

Report Format /20 marks Total Marks /100 o Spelling and/or grammar is consistently incorrect, impacting on the flow and readability of your analysis o Ideas/themes have not been developed o The format chosen for your analysis lacks thought and consideration for the intended audience o In-text referencing and/or reference list is mostly incorrect or non-existent o Correct grammar and spelling throughout the analysis with no obvious errors o There is an obvious and logical connection between your statements, enhancing the structure, synthesis, credibility, and readability of your analysis o Your analysis is professionally presented and exceeds expectations in what is evidently suitable for a high- grade commercial environment o In-text referencing and the resultant reference list are correct, with no errors

len1525078

6/10/2017 1:12:36 AM

Critical Analysis of Identified Issues /20 You critically analyse and interpret the issues articulately and convincingly Theory Comprehension and Application /10 Your analysis clearly identifies and applies all of the relevant MBA404 theories and concepts and does so convincingly Strategic Recommendations /30 You have drawn dynamic, comprehensive and convincing recommendations Research /20 marks Your research is extensive and focused, complemented by a quality selection and large range of primary and secondary sources

len1525078

6/10/2017 1:11:37 AM

Number of days Penalty 1* - 9 days 5% per day for each calendar day late deducted from the total marks available 10 - 14 days 50% deducted from the total marks available After 14 days Assignments that are submitted more than 14 calendar days after the due date will not be accepted and the student will receive a mark of zero for the assignment(s) Note Notwithstanding the above penalty rules, assignments will also be given a mark of zero if they are submitted after assignments have been returned to students

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