Which learning theory is billy trying to leverage

Assignment Help Business Management
Reference no: EM131293471

Billy's cookies

Billy had just started his business - Billy's Cookies - a range of cookies targeted at the young, affluent, coffee-drinking segment of the market.

Like others, Billy had noticed the significant lifestyle trend towards drinking coffee. Therefore, he thought there could be an opportunity for a food item that would go well with coffee. While he looked at various product concepts, in the end, he decided that there was a gap in the market for a range of low-fat, high quality cookies that people would purchase with their coffee.

He had approached quite a number of independent coffee shops trying to sell him product, but found only a few that were interested. The retailers that did try his cookies, he had found that sales through these outlets were quite low at this stage. This was mainly because the coffee shops didn't really cross-sell his cookies, as they also had other food items for sale.

His ‘vision' for his product was to have people ‘automatically' order a coffee AND a cookie - very much like ‘burgers and fries', or ‘movies and popcorn'. But the question was: What is the best way to educate consumers to make that automatic purchase?

He was now considering various options and would like your advice on which one to choose?

1. Provide the coffee stores with a few thousand free cookies to automatically give away with each coffee - with this approach, consumers will become conditioned to eating a cookie with their coffee.

2. Provide the coffee stores with free cookies to give away as part of their loyalty card programs (that is, a free cookie with their free coffee after 5 purchases) - this is designed for consumers to see the cookies as a reward and will hopefully purchase one when they want to ‘reward' themselves.

3. Give money to his family and friends to go to the coffee shops daily and buy a coffee and a cookie. he saw this is a longer-term program designed to get other consumers to notice that other people frequently buy cookies with their coffee.

4. Design a series of ‘clever' posters that will sit on the counters at the coffee shops. As an example, a photo of a coffee, with the headline "What is missing from this picture?" and the copy at the bottom says "Billy's Cookies - low-fat, high-quality, and designed to go with coffee".

QUESTIONS

Read the text carefully and answer the following questions

1. Explain with details Billy's problem.

2. Which learning theory is Billy trying to leverage in each of the four scenarios? Explain. (Choose from: classical conditioning, operant/instrumental conditioning, vicarious learning and cognitive problem solving.)

3. Which promotional approach do you think will prove to be the most effective? Why?

4. Do you think that Billy will achieve his ‘vision' of making a cookie/coffee connection?

Reference no: EM131293471

Questions Cloud

Compare and contrast types of constraints you have seen : Compare and contrast types of constraints you have seen. Which ones do you believe are most common? Explain how Microsoft Project helps you manage resource availability.
Some customer market research data : Design a program for a cafe that will allow a user to gather some customer market research data. When a customer places an order, the clerk will ask for the customer's age and zip code. The clerk enters that data as well as the number of items the..
Write an eassy about the love of my life : Write an eassy about The Love of My Life.
Explain potential benefits of adding the new technology : Explain how it might be applied in the work environment. Explain potential benefits of adding this new technology. Explain potential drawbacks of adding this new technology.
Which learning theory is billy trying to leverage : Explain with details Billy's problem.-  Which learning theory is Billy trying to leverage in each of the four scenarios? Explain.
Trends and developments in the global music industry : Trends and Developments in the Global Music Industry. The $7 billion global 4 music industry is growing leaps and bounds as digital sales and streaming are on an upward trajectory. Who are the major players?
International student studying in the united state : Explain in details how this uncertainty may affect you and your future as an International student studying in the United State and what measures and tactics you may use to contain or reduce the possibility of any risks to you, your education, and..
Provide an opportunity to integrate all that you have learn : Provide you with an opportunity to integrate all that you have learned into a global branding campaign. As a brand with presence in many countries around the world, Kit Kat is the designated brand for this project.
Establish document standards : Choose an organisation with which you are familiar. It could be somewhere you have worked or visited. It might be a public library, school, sporting club etc. Identify the types of documents which are currently used by the organisation and provide..

Reviews

Write a Review

Business Management Questions & Answers

  Does compensation motivate behavior

Many would argue that if an employee receives a decent salary, he or she will be satisfied and remain with the organization. What are your thoughts on this statement? Does compensation motivate behavior? Do people join a firm because of pay? Do peopl..

  Best practices of strategic planning or execution

Briefly describe one of the tools or best practices of strategic planning or execution (implementation) (SWOT, Service-Value Chain, Appreciative Inquiry, etc.). Provide a URL/web link or reference for that tool or best practice that contains more ..

  Integrity testsconsider that an industrialorganizational

integrity testsconsider that an industrialorganizational psychologist is using integrity tests to advise an

  Determining the international business

Explain in a 150 words. What are some of the darker sides (in other words, costs) associated with globalization? How would you use this knowledge as a global leader?

  Develop learning statements

1. Select and apply appropriate knowledge, techniques, skills, and modern tools of mathematics, engineering technology, and natural sciences, including physics to solving problems in electrical engineering technology area.

  Bradford required return exceed farley

The required return on an index fund that holds the entire stock market is 9.5%. The risk-free rate of interest is 4.5%. By how much does Bradford's required return exceed Farley's required return? Round your answer to two decimal places.

  Strategic planning - performance management

Evaluate the finding that performance management is one of the key success factors in strategic planning.

  Question related to organizational performance

The major topic is Organizational Performance. I have a subsection which is the integration plan for optimizing the contributions from internal functions.

  Purpose of a continuous improvement program

1. What is the purpose of a continuous improvement program? What role does HRM play in assisting continuing improvements? 2. What are the various goals of HRM?

  Investor-owned and not-for-profit corporations

Are there substantial differences between the finance goals of investor-owned and not-for-profit corporations? Explain.

  Explain jeff is a salesperson for a building materials

Explain Jeff is a salesperson for a building materials company and has been calling unsuccessfully on LaTasha for several weeks

  Why does an organization like the nfl need to control

Why does an organization like the NFL need to control their own distribution network? They have moved towards NFL television stations as well as have increased control of their products

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