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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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 DayDec 05, 2020MKG102

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

Aarti J answered on Dec 09 2020
144 Votes
Consumer Behavior
Course Name
Course Date
Consumer Behavior
Introduction
Consumers have the urge for different needs and they are inclined towards buying different things as per their needs and wants. Usually for the high involvement products, the consumer have a big consideration for the buyer decision process. In this segment our major focus is the purchase of the three major products which includes the Mobile phone, LED TV and laptop. The purpose of this study is to invest
igate the factors which affects the decision of buying the products. With the development of technologies and innovation there are certain dynamic changes in the needs and preferences of the consumers.
Consumers are the individuals and the households who purchases the products for their personal consumption (Kotler, 2004). There are majorly two kinds of consumers which includes the personal consumers and the organizational consumers (Krishna, 2010). The purchase model of these consumers also differ as per their needs and wants.
When a consumer is making a purchase decision, then the consumer passes through different stages of the buying decision model which includes the recognition, search information, evaluation, purchase, feedback (Blackwell, Miniard, and Engel, 2006). After the process, the consumer decides to buy a product of a particular brand and with particular features. These factors of the buying decision model is highly affected by the diverse environmental and individual determinants.
Consumer buying behavior is influenced majorly by two factors which are the individual factors and the environmental factors. The major individual factors includes the demographics, consumer Knowledge, perception, learning, motivation, personality, beliefs, attitudes and life styles. The other factor is the environmental factors which includes the factors like the culture, social class, reference group, family and household. These are the major factors which highly influence the decision making of an individual. (Blackwell, Miniard, and Engel, 2006).
Consumer Decision making Process
Mobile Phone:
Need Recognition
What is the perceieved problem?
The perceived problem was when my old mobile phone was giving me trouble because of the storage as well as the broken screen and outdated software. I was having One Plus 2 mobile which I had being using from around 4 years.
What need is this purchase satisfying?
Mobile phone is one of the most essential product which is a need in today’s world more than a want. The people rely highly on mobile phones for all their day to day needs and requirements which includes the connectivity, the social life as well as for the entertainment purposes. Thus, in today’s world, mobile phone is satisfying the basic need of an individual.
What is your actual state and what is your desired state?
The actual state of the mobile phone is quite bad and I am in need of a good phone with good features which can solve the purpose of connectivity, photography, smart phone and other requirements.
Is this a ritual purchase or something you have never bought before?
Purchasing a mobile is almost a ritual purchase which has to be purchased after a certain period of time when either your mobile phone is old, outdated or it is lost. It has become an essential for the people in today’s society and world.
Pre-purchase search / Information sources
What internal or external sources were considered and sought when making the decision
There were certain information that was collected as it is a high involvement product. As I am a student, I have limited disposable income, I have to buy the phone with the limited resources.
Information search evaluation of alternatives is an important activity that determines consumer’s choice (Laroche, Kim and Matsui, 2003). In the case of the mobile phones, one of the major sources or influence for purchasing a mobile phone is influenced by `cognitive heuristics` which is based on the past experience of the chosen perceived brand based on his past experience if the past purchase have fulfilled his perceived values.
Evaluation process:
For the mobile phones, the selection can either be based on functional/primary/rational factors or it can be based on emotional factors such as: fun, pleasure, excitement etc. (Batra and Ahtola, 1990). In my case, as I have been using One plus phone from past 5 years, I was pretty much satisfied with the phone. Not being an Apple fan, I always preferred Android over Apple OS. I have been pretty much satisfied with One Plus and was quite attracted to the features that have come up in One Plus 6T. So, I was pretty much clear about the phone and the brand which I have to opt for and purchase.
Some of the other factors which are considered when evaluating the purchases:
Physical attributes: It is the most...
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