Importance of consumer behavior insights

Assignment Help Marketing Management
Reference no: EM133037239

MKT301 Consumer Behavior - Emirates College of Technology

Company - Life Health and Wellness

A. Project Subject:

Your team has been hired by a Marketing Agency which provides consumer insights to its corporate clients. You have been asked to deal with the clients belonging to different sectors. You are required to select one of the below business sectors and answer the questions that follow:

write suitable title for each section

Introduction
Select one business sector and respective product category of your choice:

Life Health & Wellness

Section 1
(200-300 words)
(CLO1) New client - Your first meeting is with a new prospective client who is not sure about the value of consumer insights. Your team is required to convince him of the importance of consumer behavior insights so that he starts availing your services. You are required to provide reasoning, examples and references of scope of consumer behavior in your selected sector.

Section 2
(300-400 words)
(CLO2) Research is the key - 10 to 15 questionnaires
Your client would wish to see some evidences of your research skills. Your team is required to conduct a primary data based research to examine the market segmentation, their motivation and reference groups. Design the research process such as objectives of the study, sampling and data collection techniques.

Section 3
(300-400 words)
(CLO3) It's all about results-Note: see video name: VID-20211111-WA0012 (there are some view lines should be written below each diagram"Chart') + The sample size of the research between 50 - 60 person
Based on your findings, provide consumer insights to your client. Your report should have clear results about the characteristics of the market segment. Your findings should also enable the client to target that market with positioning strategies. Present a clear flow of ideas from market segment, targeting to positioning.

Section 4
(300-400 words)
(CLO4 )
Consumer motivation - Using the findings from the study, you should propose ideas about the Advertisement massage contents for the client. It should be based on your findings on consumer motivation. In line with the characteristics of your target market, the message should motivate the consumer to prefer your client's products/service.

Section 5
(200-250 words)
(CLO5)
Reference groups - In the last section, explore the reference groups suitable for your selected target market. Use your learning to categorize these groups in reference to their impact on the target market.
Also suggest some ways to manage the reference groups in this context.

Presentation:

For PowerPoint slides do them as bullets & short sentences not paragraph + Add notes2-3 linesfor each side(as bullets &points brief explanation) + add photos or background relating the topic.

Attachment:- Consumer Behavior.rar

Reference no: EM133037239

Questions Cloud

General characteristics that an entrepreneur must possess : Question 1: What are the general characteristics that an entrepreneur must possess to be successful in starting a small business?
Sales people in the automobile industry : Would a Sales Person in this automobile industry have a specific sales target and, if so, how would that target be set and who would monitor it?
What role does hrm play in encouraging : An organization with a multicultural perspective seeks to encourage equality no matter the race, gender, sexual orientation, religion, or disability of its work
How many units would the company plan to produce in august : Houseman, Inc. anticipates sales of 62,000 units, 60,000 units, and 63,000 units in July, August, and September, How many units would company plan to produce
Importance of consumer behavior insights : Importance of consumer behavior insights so that he starts availing your services. You are required to provide reasoning, examples and references of scope
Strategic enrollment management plan : Identify and explain the reasons why a strategic enrollment management plan must be fluid and continually monitored, measured
How much is mary business income for tax purposes : Mary operates a proprietorship that generated $100,000 in income under GAAP. How much is Mary business income for tax purposes
Definitions of insurable risks : Identify one risk that would not fit traditional definitions of insurable risks (your example could be for a specific exposure or an organization).
Construct a timeline for retention of health records : Construct a timeline for retention of health records using MS Word or Excel and differentiate between license-sure, certification, and accreditation in healthca

Reviews

len3037239

11/28/2021 10:09:21 PM

after reading the handouts attached in ppt file just only to know what we are studied in the course, need to do the project in the docx file follow by the project structures & respect the number of wards in each section without any missing points for each. Also there is an example of project for my friend you can see how they worked + follow the video''s. zip attached file sent by the professor. Note: chosen company is: life health and wellness, For PowerPoint slides do them as bullets & short sentences not paragraph + Add notes 2-3 lines for each slide (as bullets & very brief explanation) + add photos or background relating the topic

Write a Review

Marketing Management Questions & Answers

  Integrated marketing communication

Developing an IMC plan of Amazon that aims to create awareness and knowledge amongst Singaporean  consumers of the ethics involved in buying clothing made from Bangladeshi factories  .

  Multiple choice questions on e-commerce

The assignment in Computer Science or Information Technology is about multiple choice questions, particularly in e-commerce. Questions such as types of e-commerce websites, commercial websites, disintermediation, Platform for Piracy, the data that ca..

  Balanced scorecard for red lobster

The assignment in marketing is about Red Lobster, which is one US and Canada's most loved seafood restaurant. It has hundreds of outlets in US and Canada and it now wants to expand further. The approach adopted by Red Lobster has been discussed in fu..

  Marketing plan - marketing audit, swot and smart report

The assignment in marketing is about preparing a marketing plan. As part of marketing plan, the SWOT analysis, assessing the competitive position, identifying critical competitive issues, marketing objectives, strategy and actions have been suggested..

  Marketing plan

Marketing deals with preparing a marketing plan for either an existing product or a new product. Various aspects about launching a new product into the market are discussed ranging from the industry the product belongs to, goals and vision of the com..

  Yamato corporation analysis - harvard case study

Please refer to the PDF for the Case Study and questions.The case study from Harvard Business School is about Yamato Corporation, a parcel delivery company which provides door to door delivery in Japan.

  Marketing plan - create a new product

The assignment in marketing is about competitive analysis for a new product namely "heated insoles". These heated insoles can be put in shoes and they can protect the wearer's feet by keeping them warm during cold winters.

  Report on digital marketing strategy for a website

Promotion strategies of  the one's own developed website

  Integrated marketing campaign of mccafe

Integrated marketing campaign for McDonald's McCafe. McCafe has been launched in Canada. This is a case study which involves the use of digital marketing and social media marketing apart from regular marketing such as TV and radio. All these more are..

  New product development at adidas

In this paper, the researcher also determines the different kind of practices used by Adidas to manufacture shoes for its customers.

  Managing services in competitive environment

Services can be defined as separately identifiable, intangible activities which provide want-satisfaction when marketed to household consumers and/or industrial users.

  Prepare a marketing plan

A marketing plan is an essential tool for any marketer, providing direction for a brand, product or organization. A marketing plan describes the marketing environment, marketing objectives and marketing strategies.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd