Assessment item 1 - Class Discussion back to top Value: 30% Due Date: 23-Mar-2020 Return Date: 15-Apr-2020 Length: 1200 words 300 each post and 300 each response Submission method options: Interact2...

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Assessment item 1 - Class Discussion



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Value:30%



Due Date:23-Mar-2020



Return Date:15-Apr-2020



Length:1200 words 300 each post and 300 each response



Submission method options:Interact2 Blog



TASk


Class Discussion


Over the first four weeks of session


Make at least two posts to the Assessment 1 Blog


Respond to at least two posts on the Assessment 1 Blog.



The aim of this assessment is for everyone to contribute to the learning of the group and to engage with others in the subject (peer-to-peer learning). Learning from the experiences of your peers adds depth to the subject experience, as students come with a range of experiences and knowledge.


What do you need to do?


Step 1: Over the first four weeks of session make two posts to the Assessment 1 Blog (300 words each post max) (first post required by week 2).


For each post you need to include three things:


1) Provide a contemporary example that shows an aspect of consumer behaviour theory being used in practice.


One post should look at a situational influence, the other can look at any of the consumer behaviour theory covered in Topics 1-4.



2) Explain how the example illustrates the relevant area of consumer behaviour theory.


One post should look at a situational influence, the other can look at any of the consumer behaviour theory covered in Topics 1-4. You must reference the sources that you use.


The example may be a video, news article, journal article, print ad, podcast etc. Each post should discuss a different area of theory (drawing on the first 2 weeks of session).


3) Pose a question about your example for discussion by peers.


When composing this question think about key trends and issues facing consumers today, and /or how this example might relate to marketing strategy (marketing mix, target marketing and segmentation and positioning) past or future.


Step 2: Over the first four weeks of the session respond to two of the posts on the Assessment 1 Blog (300 words each, max). (Due by Week 4, 25/3/2020)


For each response you need to include two things:


1. Identify a post of interest by one of your peers and respond to their discussion question (referencing the theory they have used in their post).


2. In your response, address the theory and its application in the example they provided and consider this critically using your knowledge of the theory.



Note: again you need to reference any sources that you use.


Submission for Marking


Submitting the post in the blog will constitute submission.


Your posts will be marked in the Blog tool



RATIONALE


This assessment task will assess the following learning outcome/s:


• be able to analyse the buyer decision process and critique effects of situational influences on consumer purchases;


• be able to evaluate a variety of external factors and their influence on consumer behaviour; and


• be able to assess key trends and issues facing consumers today and describe the potential effects on current marketing strategies.




RATIONALE


back to top


This assessment task will assess the following learning outcome/s:


• be able to analyse the buyer decision process and critique effects of situational influences on consumer purchases;


• be able to evaluate a variety of external factors and their influence on consumer behaviour; and


• be able to assess key trends and issues facing consumers today and describe the potential effects on current marketing strategies.


Answered Same DayMar 22, 2021MKT510Charles Sturt University

Answer To: Assessment item 1 - Class Discussion back to top Value: 30% Due Date: 23-Mar-2020 Return Date:...

Abhishek answered on Mar 24 2021
146 Votes
Running Head: POSTS AND RESPONSES         1
POSTS AND RESPONSES         10
POSTS AND REFLECTIONS
Table of Contents
Blog 01    3
References    5
Blog 02    6
References    7
Post 01: Response    8
Post 02: Response    9
Blog 01
Amazon.com Inc. is an American multinational company founded in 1994 by Je
ff Bezos. Initially, the company used to be an online platform for buying and selling books but later added to its list electronics, apparel, furniture, food, jewellery, toys and other products. The company is now the largest online marketplace and employs more than 750,000 employees; it now focuses on AI, digital streaming and e-commerce along with cloud computing (Arcones, 2020). It is regarded as one of the big four tech companies in the world along with Google, Microsoft and Apple.
Amazon recently launched a feature in its online marketplace that is known as virtual dash buttons that allows impulsive buying in the online shopping experience. The virtual dash buttons are based on the customer's previous buying experience and history, this reminds the customer of the products they usually buy and are not missing them from their purchase list. Adding this feature has let Amazon help customers with their buying experience and target impulsive buying through the dash button feature
The Hawkin Stern impulse buying theory has been applied in these examples. The theory is based on the idea that most of the purchase decisions made by the consumers are impulsive. External factors affect these types of decision-making (Ruswanti, 2016). The theory is divided into 4 categories that include pure impulse buying, reminder impulse buying, suggested impulse buying and planned impulse buying.
Pure impulse buying is the purchase made by the customer with no actual demand for the product or specific intention to buy the product. Such as candies near the checkout counter of a retail grocery store. Reminded impulse buying in these case a product can be associated with another product or may define other uses of the product such a racking up brads beside different spreads such as jams, butter etc. may invoke buyers to buy both the product (Rahahleh, Moflih, Alabaddi & AL-Nsour, 2020). Suggested impulse buying such as an item is coming with a set of warranties. The last, planned impulse buying that suggests that the consumer has a specific intention of buying but does not know the specifics.
Do you think that the above example demonstrates the Theory of Impulse Buying to its truest sense?
References
Arcones, P. D. V. (2020). THE FOOD BUYING HABITS OF GRADE 11 STUDENTS IN ST. GREGORY COLLEGE OF VALENZUELA.
Rahahleh, A., Moflih, M., Alabaddi, Z., & AL-Nsour, S. (2020). The moderating effect of psychological factors on consumer of electric and hybrid vehicles’ response purchase decisions. Management Science...
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