Consumer Behavior School of Business Management ‚ NMIMS FT MBA II Year Trimester IV 2013-2014 Goals: Post liberalization‚ companies in India that earlier had a very product oriented or sales oriented approach realized the need for customer orientation. It hence became imperative to know the customer not only on quantitative measures (What‚ how much)‚ but also on qualitative measures (the Whys & Haws). This meant understanding the external & individual determinants affecting consumer
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only are our crops affected but this we are. Our crops and other plants provide us with not only food but oxygen. If we suffocate them we will slowly suffocate ourselves. C. Solutions to these problems: Public Transport‚ Alternative fuel‚ bikes‚ Car pool. III. Over the years‚ scientists have been struggling to find an effective and affordable alternative to fossil fuels‚ not only for the environment‚ but because the natural resources are being used in excess and supply is starting running short
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A Research Paper on Effects of SALES Promotion on Consumer Buying behavior: A Perspective on FMCG Products Subject: RMM Submitted To Faculty Name:Dr. Govind Dave Institute: Indukaka Ipcowala Institute Of Management (I2IM) Prepared By Roll No.:12MBA067‚ 12MBA006‚ 12MBA074‚ 12MBA111‚ 12MBA116 Effects of Sales Promotion on Consumer Buying Behavior: A Perspective on FMCG Products Introduction Today’s customer is habituated with the sales promotion activities
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Cars of Today vs. Cars of Yesterday The cars of today and the cars of yesterday have many similarities as well as many differences. Many of these similarities include; optimal handling‚ technology ahead of their time‚ basic parts such as a motor‚ wheels‚ a drivetrain and a body. Many of the practices used when (automobiles first originated in 1672) are being used even to this day. According to the United States Automobile Association‚ (cars are a vital part of today’s society and play a large
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the company position and advertise the product to (i) Generation- X Consumers (ii) Affluent’ baby boomers. Q4. (a): Are there any circumstances in which information from advertisement likely to be more influential than word of mouth? Q4. (b) Find two ads that depict two different defence mechanisms and discuss their effectiveness. Q5. (a) How can marketers use measures of recognition and recall to study the extent of consumer learning? Q5. (b) What is market Segmentation? How is the practice
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CHAPTER 1 QUESTION 1: Explain the concept of the 80/20 rule and why it is important to marketers. The 80/20 rule of marketing is derived from the broader Pareto Principle concept introduced by Italian economist Vilfredo Pareto in 1906. Pareto noted that the majority of wealth in a free market economy is concentrated within a relatively small group of people -- roughly 20 percent of the population. Importance of rule 80/20 to marketers: Marketing investment: relates to how money is spent on advertising
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now self driving cars. Driverless cars should be on roads because they prevent car accidents‚ are self-evident and efficient. “Google has a fleet of driverless cars since 2009‚ and they’ve been driven over a half of a million miles without a crash” according to Jamie Page Deaton and Kristen Hall-Geisler in the article ‘Cars of tomorrow-still not fling.’ Humans get into an accident every a half a million miles‚ this shows that driverless cars are a safer alternative. These cars had a 3D model brain
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Consumer Behavior A Vera Bradley handbag can be one of the many fashion statements made by almost any female ranging from the age of 10 to 90. “Vera Bradley is a leader in fashionable‚ colorful‚ cotton quilted handbags‚ accessories‚ luggage‚ and paper and gift items for women of every age.” As one can see this product is mostly purchased by women. However‚ each individual has their own personal characteristics like gender‚ age‚ family life cycle‚ personality‚ self-concept‚ and lifestyle that influence
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Consumer Appeal Advertisers of today have strategically combined commercials and television shows in order to sell products. Gloria Steinem discusses a similar idea in her article‚ "Sex‚ Lies‚ and Advertising." She repeatedly demonstrates how advertisements‚ particularly in magazines‚ are complementary to the articles around them. In the same manner‚ so are commercials to television programs. They are both aimed at the same groups or types of people‚ such as sex‚ age‚ gender‚ etc. Many times
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MANAGEMENT MARKS: 80 COURSE: EMBA SUBJECT: CONSUMER BEHAVIORE N.B: 1} Attempt all the questions 2} All Questions Carries Equal Marks Name: Varsha Vasantrao Sawalkar Ref. No: KP00610-20407 ____________________________________________________________ _______________________ SECTION A ( Each question carried 12 Marks ) 1. You are the brand manager of a new line of light weight autofocus‚ economically priced digital cameras. Describe how an understanding of consumer behaviour will help you in your segmentation
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