MKG102 Assessment 3_Individual Case Analysis Module XXXXXXXXXXPage 1 of 7 ASSESSMENT BRIEF Subject Code and Title MKG102 - Consumer Behaviour Assessment Individual Case Analysis Report...

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Individual case analysis report


MKG102 Assessment 3_Individual Case Analysis Module 6 Page 1 of 7 ASSESSMENT BRIEF Subject Code and Title MKG102 - Consumer Behaviour Assessment Individual Case Analysis Report Individual/Group Individual Length 2500 words (+/- 10%) Learning Outcomes a) Explain the meaning of consumer behaviour and its role in marketing strategy development. b) Apply the concept of the consumer decision-making model to provide insights into consumer buying processes. c) Categorise the needs and wants of consumers and their underlying motivations d) Analyse the psychological processes affecting consumer behaviour. e) Identify social and cultural influences on consumer behaviour. f) Analyse and apply the major consumer attitude models Submission By 11:55pm AEST/AEDT Sunday of Module 6 (Week 12) Weighting 50% Total Marks 100 marks Context: This assessment is a case analysis of the your own personal consumer behaviour. It aims to develop an understanding of key principles of consumer behaviour by applying subject topics and theories to your own thoughts and actions as a consumer. It allows for a valuable reflection on complex theoretical concepts as well as insight into the role of marketing strategy in influencing decision-making. Instructions: Students are required to keep a reflective diary of selected consumer activities ideally from Module 1 of semester. This can take the form of field notes on a word/text document, notes on your mobile phone or even audio recordings. During this time you are to log and detail the process behind purchasing three (3) medium to high involvement items. These items may be irregular purchases and involve complex buyer behaviour. MKG102 Assessment 3_Individual Case Analysis Module 6 Page 2 of 7 Regular purchases of food, drinks, or other habitual low involvement day-to-day consumption products are excluded from the log. These field notes /recordings will then be used as the basis of compiling Part 1 of the report. Part 1 – Consumer Decision Making Process Analyse each of your purchases using the consumer decision-making process model presented in Module 1. You should use a sequential flow of information for each purchase. Some suggestions are offered in terms of topics you may like to consider when completing Part 1. Need Recognition What is the perceived problem? What need is this purchase satisfying? What is your actual state and what is your desired state? Is this a ritual purchase or something you have never bought before? Pre-purchase search / Information sources What internal or external sources were considered and sought out when making the decision? Evaluation process What were the alternatives /what products/services were included in your evoked set? What was excluded? Why? What evaluative criteria did you use in this purchase? Purchase Were you influenced by physical, social or temporal surroundings? Describe any other external influences at the point of purchase. Post-purchase behaviour On reflection of the purchase what were your post-purchase evaluations? Were you satisfied /dissatisfied with your purchases? Why? Did you suffer post purchase cognitive dissonance? If so how did you deal with this post purchase anxiety? Did the company have any strategies in the post-purchase phase that influenced your decision? How has the purchase affected your loyalty to the brand purchased? MKG102 Assessment 3_Individual Case Analysis Module 6 Page 3 of 7 Part 2: Reflection and Analysis of internal and external influences In this section try and provide a rationale to your behaviour and consumption experience using relevant consumer behaviour terminology. Internal Influences What was your motivation for the purchase? (Think conscious and unconscious needs and use relevant motivational theories to justify). What were the other internal influences at play in your decision making process for each product. Apply other relevant consumer behaviour theory in terms of: Perception, Learning, Attitudes, and Personality topics. External Influences Were there any relevant external influences that may have affected your decision (such as social and cultural influences). It is critical in answering the above criteria that you apply relevant consumer behaviour theory in your assignment. You can either analyse each purchase individually or you could compare or contrast each purchase as you develop the report. You could also choose to integrate the discussion of Part 1 and Part 2 as another approach to complete the report. You are also encouraged to include any additional consumer behaviour research that has been conducted in the chosen product categories. If you need clarification on any of the above please speak to your learning facilitator. Submission Instructions:  The presentation recommended for this Assessment is REPORT FORMAT.  An Executive Summary is NOT required, although you should include a Title Page, a Table of Contents, and use suitable headings for the information presented. Student Identifier (Name and Number) should be included on the title page and page numbers should appear on each page of the document.  The assessment should be submitted in a form and format that would be acceptable in the business world. All work must be word-processed, spell checked, grammatically acceptable, and professional in appearance.  Because of the personal nature of this report it can be written from a 1st person context.  All claims and opinions are to be supported by suitable and relevant marketing and/or theoretical principles;  Should include a correctly constructed reference list and accompanying in-text citations as per University guidelines (APA Referencing).  Can use any combination of narrative, point form, diagrams, graphs, tables or images to increase the "readability" of the submission. MKG102 Assessment 3_Individual Case Analysis Module 6 Page 4 of 7 Submit one word or PDF document to Blackboard. The Learning Facilitator will provide feedback via the Grade Centre in Blackboard. Feedback can be viewed in My Grades. MKG102 Assessment 3_Individual Case Analysis Module 6 Page 5 of 7 Learning Rubric: Assessment 3: Individual Case Analysis Report Assessment Attributes Fail (Unacceptable) Pass (Functional) Credit (Proficient) Distinction (Advanced) High Distinction (Exceptional) Part 1: Consumer Decision Making Process Applied the concept of the consumer decision- making model to provide insights into consumer buying processes. 30% Stages of the consumer decision-making process not correctly identified and applied to three consumer purchases. Little or no engagement of references and relevant terminology and theory in the discussion. Stages of the consumer decision-making process correctly identified and applied to three consumer purchases. Some engagement of references and relevant terminology and theory in the discussion. Good application of the stages of the consumer decision-making process applied to three consumer purchases. Good engagement of references and relevant terminology and theory in the discussion. Very good application of the stages of the consumer decision-making process applied to three consumer purchases. Very good engagement of a wide variety of references and relevant terminology and theory in the discussion. Outstanding application of the stages of the consumer decision- making process applied to three consumer purchases. Outstanding engagement of a wide variety of references and relevant terminology and theory in the discussion. Excellent insightful analysis. Part 2: Internal and External Influences Appropriately applied consumer behaviour theory to provide insights into consumer buying processes. 50% Little or no effort to analyse influences (internal and external) on consumer behaviour and applied little or no consumer behaviour theory and terminology in the discussion. Demonstrated a satisfactory effort to analyse influences (internal and external) on consumer behaviour and applied some consumer behaviour theory and terminology in the discussion. Demonstrated a good effort to critically analyse influences (internal and external) on consumer behaviour and good application of consumer behaviour theory and terminology in the discussion. Some good insights into consumer buying processes and good support from quality references. Demonstrated a very good effort to critically analyse influences (internal and external) on consumer behaviour and very good application of consumer behaviour theory and terminology in the discussion across a wide range of relevant topics. Some very good insights into consumer buying Demonstrated an outstanding effort to critically analyse influences (internal and external) on consumer behaviour and outstanding application of consumer behaviour theory and terminology in the discussion across a wide range of relevant topics. Some excellent insights into consumer buying processes MKG102 Assessment 3_Individual Case Analysis Module 6 Page 6 of 7 processes and good support from quality references. Very good engagement of coursework concepts. and excellent support from quality references. Very good engagement of coursework concepts and outstanding insight into consumer buying processes. Presentation and referencing Appropriate (length & content) Professional standard of writing style, grammar, spelling and editing. Professional report presentation following submission instructions. Correctly referenced. 20% Unprofessional writing standard. Major spelling and grammatical errors throughout the submission. Major inconsistencies with submission instructions. Limited or no in-text referencing. Overall report presentation poor. Few
Answered Same DayMay 09, 2021MKG102

Answer To: MKG102 Assessment 3_Individual Case Analysis Module XXXXXXXXXXPage 1 of 7 ASSESSMENT BRIEF Subject...

Sourav Kumar answered on May 12 2021
121 Votes
1)
Consumer Decision Making Process:
Need Recognition:
What is the perceived problem?
The perceived problem as it is right now for me is to buy a hiking back pack for my travel times. I am in a very need of a proper bag which can be helpful to carry on large treks. It must be comfortable as well as it must have a 45 l of capacity at least to have my requirements fulfilled. The problem is very detailed as it can be seen that the pr
oduct should be quality approved and must be suitable for every situation I want to make my own blog.
What need is this purchase satisfying?
Needs are very much dependent on the situation and every situation has its own agenda. This situation is totally dependent on me and my skills. How I must manage to keep my trekking as well as my belongings close together without losing the enjoyment. It also depends how much I am interactive and which group of people will I socialize with. Security is very important when it comes to luggage as you are travelling from one place to another at a very short time of stay.
What is your actual state and your desired state?
My actual state in this position is mostly about what the others think and will I be good enough to go the trek. This state of mind(Hoyer,1984) is not controlled and always can moved easily. While my desired state is to have my peace of mind as well as how I perceive myself out in the open. Others opinion’s and the style of living or travelling would not become my enemy. Desired state is not easy to obtain, it requires focus and one’s own believe as well as determination, on the other hand the actual state consists a lot of factors and nothing can be done without taking into action at least 1 of them.
Is this a ritual purchase or something you have never bought before?
This is something that I haven’t bought before as I have never traveled before to places. My dream is to continue visiting places around the globe and for that my luggage and my daily needs must be in a very compact space. But at the same time it should be easily accessible and kept in protection. So making the decision of buying the perfect backpack according to my needs a very well researched step. This kind of buying is very much on need basis and comes once in sometime.
Pre-purchase search / Information resources:
What internal or external sources were considered and sought out when making the decision?
Internal sources:
Internal sources(Mizerski,1977) are memories that an individual has of his experiences. These can act as the most immense way of extracting information and using them in the present life’s. Most decision are made on what was done in the previous time by the individual, for which occasion they bought which product motivates them for the recent buying decision. Also memory helps to choose upgraded products from the market for a particular occasion. For example, how we are raised up listening to whose stories and of what type has also some impact on how we want to be and what we want to buy. It somehow is related to the present.
External sources:
External sources have a great list of people, (Darley,2010) groups, media etc. that are used to collect information. It basically means. To buy a backpack that is worth of my usage requires good research and for that I have taken suggestions from my friends and people who have been traveling and are going to treks almost all the time. Having their view of thought will help me in understanding the mechanics of buying backpack.
I have also used internet as the secondary source where I can see all the products from different brands. Each has their own uniqueness and some are better than the other. Buying a costly backpack will certainly help you gain the best quality but it won’t be correct enough to measure the need fulfillment.
Stores and merchandises are a very nice way of searching for things. This makes us in contact with product hand to hand. It allows the product to be checked instantly and look for varieties. Sometime in branded stores offers are huge more than the online store. But the quality they provide is the same. I have checked many brands and products by checking their height, depth, quality and many more.
Evaluation Process:
What were the alternatives /what products/services were included in your evoked set?
There are a lot(Cho,2002) of alternatives if I don’t...
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