Individual project report on Consumers’ Decision Making Process/Influences (3000 + 10% words Maximum)

 

Example – In an educational context, consumer behaviour projects help students understand which psychological, social, and economical factors contribute to consumer decisions, so that they can learn important principles of marketing and sales and market the products to different demographics.

In short, there are two groups of factors that impact the results of consumer behaviour projects. Internal factors are consumer’s memories, families, preferences, and other factors that are exceptionally personal. External factors on the other hand, include geographic locations, cultural associations, and income brackets of consumers. Likewise, consumer behaviour specialists understand that there are particular situations in which consumers engage while they are shopping, such as searching for more information and trying to solve specific problems.

Students performing consumer behaviour projects learn these basic principles by reading and analysing case studies. They might also have opportunities to perform their own projects by interviewing fellow students and community members).

Other project topic/s examples could include;

  1. The Impact of Retail Store Atmosphere such as David Jones or Myer influencing the purchasing behaviour of fashion labels of their consumers.
  2. The Positive and Negative Effects of Media Advertising (all media types) on the consumption pattern of big ticket items (e.g., Apple desktop, Sony LED 64 inch television) of consumers in Australia. (This is the topic I need to write).
  3. Social Media Impact on Online Consumer Behaviour: The Effect of Brand Awareness and eWOM (electronic word of mouth).
  4. Why consumer behaviour and an understanding of such processes is useful from the perspective of the marketer.

 

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Running Case: LearnInMotion.com The Grievance When coming in to work one day, Pierre was surprised to be taken aside by Jason, one of their original employees, who met him as he was parking his car. “Jennifer told me I was suspended for two days without pay because I came in late last Thursday,” said Jason. “I’m really upset, but around here Jennifer’s word seems to be law, and it sometimes seems like the only way anyone can file a grievance is by meeting you like this in the parking lot.” Pierre was very disturbed by this revelation and promised the employee that he would discuss the situation with Jennifer. He began mulling over possible alternatives. QUESTIONS I Does LearnInMotion.com run the potential risk of becoming unionized through its reactive managerial policy by one instead of both owners? II What are the primary reasons why people unionize? III Should a union wish to organize LearnInMotion. com employees, what are the five steps in the labour relations process a union must go through?

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