Effect of Sales Promotion Activities on Consumer Buying Behavior SUBMITTED TO: Prof. Sunil bhardwaj Submitted by: DR. AKSHAY TYAGI (08BSHYD0049) AMIT SINGH BISHT (08BSHYD0077) ASHUTOSH KUMAR SHARMA (08BSHYD0160) LAVEENA GUPTA (08BSHYD0839) SUGANDHA CHAWLA (08BSHYD0375) SECTION E DATE 22 DEC 2008 INTRODUCTION Consumer has been playing the key role in the business growth models of all sectors. The change from “Push” to “Pull” strategy has opened up doors for research on
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Starbucks Corporation and Brand Loyalty In today’s highly competitive business markets‚ a consumer’s loyalty to a brand often adds reassurance to the company’s stable and lasting position in the marketing world. As the new year continues to unravel‚ brands must maintain strong marketing strategies in order to keep their current buyers interested as well as capture the eye of new buyers. Brand loyalty after all‚ is the consumer’s conscious and unconscious decision‚ expressed through intention
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relates to consumer and organizational behavior. The issue that has been selected is that when wanting to indulge in a sweet treat‚ it is difficult because a majority of products on the market are high in sugar‚ preservatives‚ colorings etc. A product line that has changed its products to suit the demand for a healthier option is Nestle‚ who have reduced sugar‚ fat and artificial colors in their product lines. Pick a marketing concept from Chapter four and apply it to the product. Consumer behavior
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Chapter 5: Consumer Markets and Consumer Buyer Behaviour Consumer buyer behaviour - Refers to buying behaviour of final consumers (individuals & households that buy goods and services for personal consumption) Consumer market - Total number of final customers Marketing stimuli consists of the 4Ps 1. Product 2. Price 3. Place 4. Promotion As well as other major forces in the buyer’s environment 1. Economic 2. Technological 3. Political 4. Cultural 5. Social Understand
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BRAND PERSONALITY & CONSUMERS Brand personality is the way a brand speaks and behaves to its consumers. A brand’s personality is like a set of human characteristics that one would associate with the brand‚ which allows their consumers to relate. Customers are more likely to purchase a brand if its personality is similar to their own as it gives the opportunity for consumers to make a connection with a particular brand. A brand’s personality stems from a companies understanding of their market
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2.0 CONTENTS CONSUMER BEHAVIOUR AND PERCEPTION 2.1 WHAT IS CONSUMER BEHAVIOUR? It is necessary to understand consumer behaviour; this is based on the activities leading to the acquisition and use of goods or services‚ including decision-making processes that determine a purchase. In this process the consumer performs actions such as search‚ purchase‚ use and evaluation of products expected to be used to meet their needs (Solomon Michael‚ 2007). The activities‚ processes and social relations
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Brand Equity to Customer Loyalty An examination of brand equity leading to customer loyalty in the clothing industry using the Loyalty Ladder model. Abstract Purpose - The aim of this paper is to examine if there is a correlation between brand equity and brand loyalty. The author will research the sources of brand equity for three international clothing companies: Abercrombie & Fitch‚ Marks & Spencer‚ H&M and apply each company to the Loyalty Ladder. Methodology – Secondary literature
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Cian O’ Donnell-R00084721 Emergence of Consumer Behaviour Before consumer behaviour “motivational research was a popular marketing theory that viewed consumers as creatures often influenced by erotic impulses”. It was this theory of motivational research that created the birth of consumer behaviour. Many people thought that motivation research had fallen through during its existence “after its time of great media attention‚ when it disappeared from public sight‚ It became obvious that it did
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drop in consumer spending associated with the global financial strife. Though numbers may be dropping‚ according to a MSS Vodka impact study‚ “even in this economic environment‚ Grey Goose is the most recommended vodka by bartenders across the U.S.” (Grey‚ 2009). Generally‚ numbers don’t lie; Grey Goose appeared to have a definitive drop in sales. Being the number 1 recommended vodka does not refute that. It does indicate‚ however‚ that Grey Goose’s “saving grace” is strong brand loyalty Grey
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decisions are made about selection of buying a car. 2.Segment Analysis (emerging consumer trends) • Lifestyle A way of living of individuals‚ families (households)‚ and societies‚ which they manifest in coping with their physical‚ psychological‚ social‚ and economic environments on a day-to-day basis. The analysis of consumer life styles (called psychographics) is an important factor in determining how consumers make their purchase decisions. It also reflects their self-image or self-concept;
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