MBA404_T2_2021_Assessment_03_v01_Consumer_Behaviour_and_Marketing_Psychology Assessment Information COMMONWEALTH OF AUSTRALIA Copyright Regulations 1969 This material has been reproduced and...

1 answer below »
Individually, you are required to record an 8-minute video, in which you must pitch strategic recommendations based on the critical examination of the chosen product or service integrated marketing campaign and critical analysis of the findings that you have prepared in the first and second assessments.


MBA404_T2_2021_Assessment_03_v01_Consumer_Behaviour_and_Marketing_Psychology Assessment Information COMMONWEALTH OF AUSTRALIA Copyright Regulations 1969 This material has been reproduced and communicated to you by or on behalf of Kaplan Business School pursuant to Part VB of the Copyright Act 1968 (‘Act’). The material in this communication may be subject to copyright under the Act. Any further reproduction or communication of this material by you may be the subject of copyright protection under the Act. Kaplan Business School is a part of Kaplan Inc., a leading global provider of educational services. Kaplan Business School Pty Ltd ABN 86 098 181 947 is a registered higher education provider CRICOS Provider Code 02426B. Assessment 3 Information Subject Code: MBA404 Subject Name: Consumer Behaviour and Marketing Psychology Assessment Title: Strategic Pitch Assessment Type: Length: Individual video recording with accompanying slides 8 minutes (no more) Weighting: 35% Total Marks: Submission: 100 Online Due Date: Week 13 Your task Individually, you are required to record an 8-minute video, in which you must pitch strategic recommendations based on the critical examination of the chosen product or service integrated marketing campaign and critical analysis of the findings that you have prepared in the first and second assessments. Assessment Description. This assessment is a culmination piece, in which students will be given an opportunity to combine the information they have accumulated in the first and second assessments. In doing so, students will practice criticising and synthesising differing approaches to explaining consumers’ behaviour towards products or services and marketing communications by demonstrating their understanding and ability to explain the strategic marketing issues relating to consumer behaviour. Assessment Instructions To start preparing this pitch, you are first required to conduct extensive online research to find at least five visual examples of the recent integrated marketing campaign of your chosen product or service. This campaign must be relevant to the country in which you have purchased this product or service. For example, if you bought your chosen product or service in Australia, you must focus on the Australian integrated marketing campaign. Consider using information that you have gathered in the second step of the consumer decision-making process that you have prepared in the first assessment as the starting point. Once you found the required examples, you are then to presume that you have just been asked by the company that makes/produces your chosen product or service that you analysed in your earlier assessments to prepare an 8-minute pitch in which you must: 1. Critically evaluate the company’s current integrated marketing campaign by presenting at least five found examples and considering how it targets consumers’ attitudes, culture, family influences, group and individual differences, social class, consumer learning processes, and personal buying decision-making processes. Please note that not all these topics may apply to your chosen product or service. Assessment Information COMMONWEALTH OF AUSTRALIA Copyright Regulations 1969 This material has been reproduced and communicated to you by or on behalf of Kaplan Business School pursuant to Part VB of the Copyright Act 1968 (‘Act’). The material in this communication may be subject to copyright under the Act. Any further reproduction or communication of this material by you may be the subject of copyright protection under the Act. Kaplan Business School is a part of Kaplan Inc., a leading global provider of educational services. Kaplan Business School Pty Ltd ABN 86 098 181 947 is a registered higher education provider CRICOS Provider Code 02426B. 2. Critically evaluate whether the integrated marketing campaign demonstrates a strong or weak alignment to your findings in the first and second assessments (i.e., How do the survey sample results compare to why you have purchased this product or service? What are the similarities and differences, and why do you think this might be the case?). Please support your evaluation with the work you have produced in the first and second assessments. 3. Propose at least three strategic recommendations that address previously identified weak alignment OR proposed ways to strengthen the strong alignment. You must incorporate recent scholarly literature to justify your proposed recommendations. Please note that these recommendations should not include pricing, quality, manufacturing, or operational improvements. In addition to your written analysis and survey results, you are required to use at least 10 sources of information and reference these in accordance with the Kaplan Harvard Referencing Style. These may include websites, social media sites, industry reports, census data, journal articles, and newspaper articles. These references should be presented as in-text citations and a reference list at the end of your video. Wikipedia and other ‘popular’ sites are not to be used. Assessment Information COMMONWEALTH OF AUSTRALIA Copyright Regulations 1969 This material has been reproduced and communicated to you by or on behalf of Kaplan Business School pursuant to Part VB of the Copyright Act 1968 (‘Act’). The material in this communication may be subject to copyright under the Act. Any further reproduction or communication of this material by you may be the subject of copyright protection under the Act. Kaplan Business School is a part of Kaplan Inc., a leading global provider of educational services. Kaplan Business School Pty Ltd ABN 86 098 181 947 is a registered higher education provider CRICOS Provider Code 02426B. Assessment Submission Students are encouraged to submit their work well before the deadline to avoid technical difficulties. For those students who have limited experience in video making techniques, it is recommended to read a video FAQs document available to you under the assessments tab in MyKBS. Late assignment submission penalties Penalties will be imposed on late assignment submissions in accordance with Kaplan Business School “late assignment submission penalties” Policy. Number of days Penalty 1* - 9 days 5% per day for each calendar day late deducted from the total marks available 10 - 14 days 50% deducted from the total marks available. After 14 days Assignments that are submitted more than 14 calendar days after the due date will not be accepted, and the student will receive a mark of zero for the assignment(s). Note Notwithstanding the above penalty rules, assignments will also be given a mark of zero if they are submitted after assignments have been returned to students *Assignments submitted at any stage within the first 24 hours after the deadline will be considered to be one day late and therefore subject to the associated penalty For more information, please read the full policy by clicking here. https://www.kbs.edu.au/about-us/school-policies Assessment Information COMMONWEALTH OF AUSTRALIA Copyright Regulations 1969 This material has been reproduced and communicated to you by or on behalf of Kaplan Business School pursuant to Part VB of the Copyright Act 1968 (‘Act’). The material in this communication may be subject to copyright under the Act. Any further reproduction or communication of this material by you may be the subject of copyright protection under the Act. Kaplan Business School is a part of Kaplan Inc., a leading global provider of educational services. Kaplan Business School Pty Ltd ABN 86 098 181 947 is a registered higher education provider CRICOS Provider Code 02426B. Important Study Information Academic Integrity Policy KBS values academic integrity. All students must understand the meaning and consequences of cheating, plagiarism and other academic offences under the Academic Integrity and Conduct Policy. What is academic integrity and misconduct? What are the penalties for academic misconduct? What are the late penalties? How can I appeal my grade? Click here for answers to these questions: https://www.kbs.edu.au/about-us/school-policies Time Limits for Video Assessments Submissions that exceed the time limit will cease to be marked from the point at which that limit is exceeded. Study Assistance Students may seek study assistance from their local Academic Learning Advisor or refer to the resources on the MyKBS Academic Success Centre page. Click here for this information. https://www.kbs.edu.au/about-us/school-policies https://elearning.kbs.edu.au/course/view.php?id=1481 COMMONWEALTH OF AUSTRALIA Copyright Regulations 1969 This material has been reproduced and communicated to you by or on behalf of Kaplan Business School pursuant to Part VB of the Copyright Act 1968 (‘Act’). The material in this communication may be subject to copyright under the Act. Any further reproduction or communication of this material by you may be the subject of copyright protection under the Act. Kaplan Business School is a part of Kaplan Inc., a leading global provider of educational services. Kaplan Business School Pty Ltd ABN 86 098 181 947 is a registered higher education provider CRICOS Provider Code 02426B. MBA404 Assessment 3 Marking Rubric – Strategic Pitch 35% Marking Criteria (__/100) F (Fail) 0 – 49% P (Pass) 50 – 64% C (Credit) 65 – 74% D (Distinction) 75 – 84% HD (High Distinction) 85 – 100% IMC __/25 marks You have evaluated irrelevant or no campaign by presenting irrelevant or bogus examples which demonstrating inadequate or no understanding of how it targets consumers’ attitudes, culture, family influences, group and individual differences, social class, consumer learning processes, and personal buying decision-making processes. You have critically evaluated some of the campaign by presenting somewhat relevant examples which demonstrate an emerging understanding of how it targets consumers’ attitudes, culture, family influences, group and individual differences, social class, consumer learning processes, and personal buying decision- making processes. You have critically evaluated most of the campaign by presenting mostly relevant examples which demonstrates an adequate understanding of how it targets consumers’ attitudes, culture, family influences, group and individual differences, social class, consumer learning processes, and personal buying decision-making processes. You have critically evaluated the campaign by presenting relevant examples which demonstrate sufficient understanding of how it targets consumers’ attitudes, culture, family influences, group and individual differences, social class, consumer learning processes, and personal buying decision-making processes. You have critically evaluated the campaign by presenting relevant examples which demonstrates an expert understanding of how it targets consumers’ attitudes, culture, family influences, group and individual differences, social class, consumer learning processes, and personal buying decision-making
Answered 4 days AfterOct 02, 2021

Answer To: MBA404_T2_2021_Assessment_03_v01_Consumer_Behaviour_and_Marketing_Psychology Assessment Information...

Deblina answered on Oct 06 2021
142 Votes
INTEGRATED MARKETING CAMPAIGN
STRATEGIC RECOMMENDATIONS
INTRODUCTION
Integrated Marketing
Campaign of Sony A6500.
Strategic Recommendations
Aligning the survey results
& my purchase decision with the
Integrated marketing Campaign.
Integrated marketing campaigning is effectively used in today's business to strive in the dynamic business aspects. In order to influence the customer base and expand the customer effectiveness Sony has been using Integrated Marketing campaign for capturing the effective market share. This paper makes a strategic recommendation on Integrated Marketing
strategies of Sony after an effective survey of the same.
INTEGRATED MARKETING CAMPAIGN OF SONY A6500
An Integrated Marketing campaign is a cross channel strategy that involves consistent campaigns across different platforms for providing a cohesive experience to the customers.
Sony has been using marketing strategy to occupy the top slot in the overall camera market in Australia.
An Integrated Marketing campaign is a cross channel strategy that involves consistent campaigns across different platforms for providing a cohesive experience to the customers. Sony has using marketing strategy to occupy the top slot in the overall camera market. It has been already doing a good job in grabbing the market share in the recent times by an effective marketing campaign. Sony has launched its aggressive integrated market campaigning by promoting "Be Alpha" campaign. The campaign celebrated the full frame of mirror less cameras that have surfaced all the other brands in the full frame camera market.
Sony Electronics is a giant in the digital imaging and has been one of the largest image sensor manufacturers. Sony has launched the "Be Alpha" campaign in order to connect the creators of all time and the ever growing consumer market of talented photographers and videographers. Sony is aware about its potential consumer and has launched the campaign that invites the passionate photographers on the "World Photography Day". Additionally, the flagship "Alpha Female" program was a multi tiered exclusive program in order to response the diversity challenges in the photography.
BROADCASTING
Advertising by broadcasting on TV in Australia influences consumers and their purchasing decisions.
According, to the survey it was effective to know that most of the customers in Australia belongs to moderate and high social status are exposed to more than 10,000 advertisements every day.
Advertisement is one of the key elements in Integrated Marketing campaign for Sony A6500.
Advertising by broadcasting on TV influences consumers and their purchasing decisions. According, to the survey it was effective to know that most of the customers who belongs to moderate and high social status are exposed to more than 10,000 advertisements every day. Hence, in order to market effectively for the consumers who spend significance time of the earth daily life in watching TV, reading a magazine or browsing on social media can influence the consumer’s everyday activities. Literature provides a strong view point advertisement influences 90% of the consumers purchase. Sony A6500 is a mirror less camera that has been widely component and advertised by the company in order to attract the new Alpha customers who are passionate about photography. The consumers who have a keen interest in photography and mostly focus on video graph have been immensely lured by the technology and aspects that was effectively presented in an advertisement. YouTube is mostly used by the consumers who you have the knack of learning. It is evident that individuals who are passionate about photography go through YouTube channels that facilitate photography and other learning aspects related to the same.
This learning process of the consumers provide a good field for advertising the features and the extensive functions of the product in order to attract the potential customers in the market. Influence from family and friends is also driven by advertisement and broadcasting in TV or video platform like YouTube. The psychological aspect of the consumer is satisfied when the individual gets positive responses from his family and friends. Therefore, advertisement is one of the key elements in Integrated Marketing campaign for Sony A6500. Personal buying decision making process is also influenced by the advertisement and broadcasting the features and attractive aspects of the product (NEAMȚU & NEAMȚU, 2019).
WEBSITES
The website design of Sony is effective to influence the customers who are passionate about photography and have knowledge about camera and lenses.
The customers who are socially influenced for being a photographer take a look on the features and the products offered by Sony.
The website design is a key element of Integrated Marketing campaign to influence the potential customers to perceive the brand in a certain way. The website design of Sony is effective to influence the customers who are passionate about photography and have knowledge about camera and lenses. They have resorted to the art of online perception in order to discover the group of potential buyers. Sony A6500 who was effectively featured in the company website that influence to the consumer behavior.
Sony always approaches for a unique design that is responsive to all sorts of devices and influencers the attention of the customers. The customers who are socially influenced for being a photographer take a look on the features and the products offered by Sony. Therefore a good design for the website is an immense need for an Integrated Marketing campaign to promote the advanced aspects of the product which was efficiently done by Sony A6500.
The website presented a detailed knowledge and information regarding the products and all sorts of required information related to the products where coherently presented. This is one of the major elements of consumer...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here