Explain influence of heuristics and experiential consumption

Reference no: EM133283280 , Length: Word Count: 2500 Words

Assignment - Consumer Product or Service Research Paper

Description - Integrate concepts from various disciplines including research, psychology, and economics. In this assignment you will apply what you have learned by analyzing a consumer product or service in a 2500 word paper.

In this analysis you should identify a consumer product or service that is commonly marketed to some segment of the general public. As the starting point in your analysis you should identify the primary target consumer for what you have selected. With that target in mind, research the product or service and analyze it from the perspective of consumer behavior. In your paper address all of the following:

Explain the most relevant primary decision-making forces that influence buyers for the selected product or service.

Analyze the decision-making and buying process for the specific product or service.

Identify the relevant microeconomic factors affecting consumer behaviors for the product or service.

Explain the influence of heuristics and experiential consumption on consumers of the product or service.

Connect the key consumer behavior theories that marketers are leveraging to sell the product or service, and

Evaluate the most appropriate methods for developing consumer behavior information for the particular product or service.

Reference no: EM133283280

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