Please find the instructions and assignment 1 transcript attached. This assignment is a chain of all the 3 assignments which are related with same FMCG product "NIVEA Face wash in the subject MBA404....

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Please find the instructions and assignment 1 transcript attached. This assignment is a chain of all the 3 assignments which are related with same FMCG product "NIVEA Face wash in the subject MBA404. In this assignment you need to prepare the report on Nivea brand my chosen FMCG product Nivea face wash (Note: FMCG product is NIVEA Face wash), while working as an employee in NIVEA corporation you have to critically analyse based on all the gathered information in previous assignments 1 & 2, the purchasing behavior of customers which on the 15 participants as you did in assessment 2 (Order No: 33783) and alsowith the help of Assessment 1 which is provided for further please comply with provided instructions. In case you require user Id and password to log in it is given belowUser Id: 131474 Password: 9618175750 (Note: This time please be ensured to comply with the instructions and use of FMCG product as NIVEA Face wash as I already got very less marks in this subject I need this report at distinction level to pass this subject).Thank you


MBA404_T2_2018_Assessment_03_v01_Consumer_Behaviour_and_Marketing_Psychology.docx 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 Information 3 Subject Code: MBA404 Subject Name: Consumer Behaviour and Marketing Psychology Assessment Title: Length: Individual Report 2000 words (+/- 10% allowable range) Weighting: 45% Total Marks: Submission: 100 Online via Turnitin Due Date: Week 13 . Assessment Description . This assessment is a culmination piece, in which you will be given an opportunity to combine the information you have accumulated in Assessments 1 and 2. More importantly, you will need to showcase an understanding of marketing issues related to consumer behaviour such as attitudes, group influences, culture, social class, consumer learning processes, and personal buying decision-making processes. The Task: Based on the scenario below, you are required to write a 2000-word report. In this report, you must demonstrate an understanding and application of various consumer behaviour concepts and theories by analysing the facts gathered from the video and the survey, and present strategic recommendations. You will be required to incorporate recent peer-reviewed literature in order to justify your proposed recommendations. Scenario: Imagine that you have just been employed by the company of your chosen FMCG product that you analysed in your earlier assessments. You have recently learnt that the company’s customer loyalty has declined over the last year and that repeat purchases are at a historic low. You have now been asked to prepare a report in which you must critically analyse company’s current marketing strategy and marketing communication mix and its alignment to your findings in assessment 1 and 2. More specifically, you will need to determine if identified consumer behavioural factors in previous assessments align with company’s current marketing focus. Based on your analysis, you are also required to provide at least three strategic recommendations to the board of directors, along with reasons for recommending further improvements, all of which must be based on scholarly sources. 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 Format The paper is to be presented in a professional report format and cannot exceed 2000 words. In all of the responses, whilst your views are important and must be shared, you must cite consumer behaviour theory to support your position. Your report MUST follow this professional structure: Table of Contents Table of Figures (optional) Executive Summary (1 page long, no more or less) Selected FMCG Product Overview (250 words) Critical Analysis (1150 words) Strategic Recommendations (600 words) that are logical and feasible. Appendices (optional) Reference List (You MUST use Harvard Refencing Style) NB: Title page, Table of Contents, Table of Figures, Executive Summary, Reference List & Appendices do not count towards the word limit of your analysis You must use a minimum of 15 references. Please note that Wikipedia and other ‘popular’ or non-academic sources 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. Assignment Submission This file must be submitted as a ‘PDF’ document to avoid any technical issues that may occur from incorrect file format upload. Uploaded files with a virus will not be considered as a legitimate submission. Turnitin will notify you if there is any issue with the submitted file. In this case, you must contact your lecturer via email and provide a brief description of the issue and a screen shot of the Turnitin error message. You are also encouraged to submit your work well in advance of the deadline to avoid any possible delay with the Turnitin similarity report or any other technical difficulties. 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 deadline will be considered to be one day late and therefore subject to the associated penalty For more information please read the full policy via https://www.kbs.edu.au/wp-content/uploads/2016/07/KBS-Assessment-Policy-v4.5_incl-SC-form-and- Med-Cert_final.pdf . . . 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 Marking Rubric – Individual Report 45% Criteria NN (Fail) 0 - 49 P (Pass) 50 - 64 CR (Credit) 65 - 74 DN (Distinction) 75 - 84 HD (High Distinction) 85 - 100 Critical Analysis of Identified Issues Your analysis lacks depth, and your interpretation is not relevant You briefly analyse some of the issues and your interpretation is not always relevant You sufficiently analyse most of the issues and your interpretation is well structured You thoroughly analyse and interpret the issues articulately You critically analyse and interpret the issues articulately and convincingly Theory comprehension and application Your analysis identifies and applies minimal or none of the relevant MBA404 theories and concepts. Your analysis identifies and applies the basic MBA404 theories and concepts. Your analysis identifies and applies some of the MBA404 theories and concepts. Your analysis identifies and applies many of the relevant MBA404 theories and concepts. Your analysis clearly identifies and applies all of the relevant MBA404 theories and concepts and does so convincingly. Strategic Recommendations The quality of your recommendations is poor and/or incoherent. You have drawn some useful recommendations although a more comprehensive analysis of the scenario would have been helpful. You have drawn mostly useful recommendations You have drawn varied, well- researched and compelling recommendations You have drawn dynamic, comprehensive and convincing recommendations Research Your research lacks focus because of an unsuitable choice of sources You have selected basic primary and/or secondary sources Your research is focused, drawn from a reasonable selection of primary and secondary sources Your research is focused, complemented by a quality selection and range of primary and secondary sources Your research is extensive and focused, complemented by a quality selection and large range of primary and secondary sources Report Format o Spelling and/or grammar is consistently incorrect, impacting on the flow and readability of your analysis o Ideas/themes have not been developed o The format chosen for your analysis lacks thought and consideration for the intended audience o In-text referencing and/or reference list is mostly incorrect or non-existent o Even though grammar and spelling are an issue, they do not detract very much from the readability of your analysis o Ideas/themes have been developed, but your composition lacks connections and integration. o The format chosen for your analysis is appropriate, but major improvements would enhance its presentation o An earnest attempt at in- text referencing is obvious but there are major errors o Mostly correct grammar and spelling are very good but with occasional errors
Answered Same DaySep 27, 2020MBA404

Answer To: Please find the instructions and assignment 1 transcript attached. This assignment is a chain of all...

Akansha answered on Oct 01 2020
134 Votes
1
Individual Report
Student Name:
Student Id:
Subject Code: MBA404
Subject Name: Consumer Behaviour and Marketing Psychology
Date:
Contents
Executive Summary:    3
Product Overview:    4
Critical Analysis:    4
Strategic Recommendations:    7
References:    9
Executive Summary:
This report is about the marketing strategies of FMCG product i.e. Nivea face wash in the market developed by the company Nivea. The company is renowned and world famous and it is German based compa
ny which specializes in various products related to personal care as well as body-care. Initially a research was conducted using the survey method to understand the behavior of consumers related factors like attitudes, motivation, etc, which are influencing their decisions in regards to buying of a product.
The objective of this report to analyze the reasons for declining loyalty of consumers during the last year as well as lowering of the purchasing behavior of the consumers towards this product in the market. The report has been prepared to analyze what marketing strategy has been followed by the company in order to increase the sale of the FMCG product which is Nivea face wash. The marketing communication mix strategy is also discussed in order to find out cause of sale which has been decreasing. The Analysis has been done by considering the various strategies like product, price, distribution, as well as promotion which are followed by the company for this FMCG product i.e face wash. Some important factors are discussed which company considers are of negligence importance.
The report is followed by the introduction of the product as well as company that manufactures the product. After that, critical analysis is done regarding the marketing strategy as well as marketing communication mix followed by the company in order to do marketing as well as advertising for the product. The various recommendations have also been made and discussed which can be used by company in order to increase sale of FMCG product manufactured by company.
Product Overview:
Nivea Face wash is manufactured by German based company i.e. Nivea which specializes in personal care and body-care products and is famous around the whole world (Anon, 2018). According to the company, special care is required for face and they believe in providing the best product to meet the customer’s requirements and suit them in the best possible way. Hence, they offer variety of products for all ages as well as for all skin types. The Company has been into the market of personal care for more than 100 years. The face wash helps in reduction of dark spots and makes the appearance of face healthy as well as fresh. It consists of 10x effective technique which is appropriate for every skin type like oily, dry or medium. (Anon, 2018). It also helps in reducing the excessive oil from face. It consists of various nutrients such as Vitamin C, Pro vitamin B5, Magnesium Chloride, Glycerin, Licorice as well as Ginko Leaves Extract. It has also been Dermatological approved and has the compatibility of skin. It helps in deep cleansing of skin, reducing of dark spots which are gathered from dirt as well as from residues and also helps in reducing the excess oil from face as well as keeping the pores tighten for at least twelve hours. The company has suggested using this face wash for at least twice a day in order to get the best results and there should not be direct eye contact with the face wash.
Critical Analysis:
Every company is striving for success and excellence in this world of competitive market. In order to increase sales and achieve a sustainable advantage in this competitive world, the marketing strategy plays an important role. (Baines, 2011). According to Kipper (2012), the growth as well as development of company is dependent on various short term and long term tasks or activities which deals with various situations and helps in evaluating as well as selecting targeted market. The marketing mix consists of product strategy, price strategy, place and promotional strategy. (Dominici, 2009). It is important for a company to analyze the marketing strategy of FMCG product, which can help in improvements and increasing the sales of the product.
As the analysis of the report is done to know the reason why sales has declined of FMCG product in market, it is important to explore through the secondary sources and understand what might be the reason of it. The declining sale of the product might include various strategies such as wrong group of people targeted, positioning strategy was poor, as well as less awareness among consumers about the products which means poor advertising of the product. (Jaccard, 2013).
According to Brut (2009), in order to be...
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