MKG210: Consumer Behaviour Theories - Literature Review and Framework - Consumer Behaviour Assessment Answer

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Subject Code: MKG210 Internal Code: 1AHCBF

Consumer Behaviour Assessment Answer

TASK:

Purpose:

The purpose of this consumer insight report is to apply consumer behavior theories, concepts and frameworks to a current marketing problem/opportunity. Using scholarly and reputable sources, you will provide an in-depth report which proposes three theoretically supported marketing strategies. Scholarly and reputable sources include double-blind peer-reviewed journal articles, industry reports, textbooks, and pieces from ‘the conversation’. Sources such as Wikipedia should not be cited in this report.

Topics for Consumer Insight Report:

For the purposes of this assessment you can choose one of the following two topics:
  1. ‘Game of Clones’-The Dark Side of Consumer Behaviour
  2. Home is where the smart is…Encouraging Smart Home Technology Adoption.
Recommended Structure for Report: For the report, you must follow the detailed structure provided. You should use these headings as a basis for your report, and ensure that it does not exceed the 1,750-word limit.
  • Introduction 
  • Overview of the Topic
-Explain why your topic is interesting and why it needs to be investigated.
  • Target Market
-Explain and justify what target market you are selecting and why you are selecting that particular market segment for this report.
  • Problem/Opportunity Statement
-Provide a statement which summarises the problem/opportunity which is the focus of this report.
  • Literature Review & Framework 
  • Overview of literature on the topic
-Provide an overview as to what previous research and literature has investigated on your topic -You may use to wish tables here to summarise common points across different sources
  • Theory/framework/Concept
-State what theory/theories you will use to investigate your problem/opportunity (a maximum of two theories should be used however, one is sufficient) -Provide an overview of the theory and justification for your selection - Link this theory/framework/concept back to your topic
  • Marketing Strategies 
  1. Marketing Strategy 1
  2. Marketing Strategy 2
  3. Marketing Strategy 3
*Ensure you explain how each of your strategies relates to your chosen theory *Also discuss the advantages and disadvantages of your strategy
  1. Recommendation & Conclusion 
    1. Recommended marketing strategy
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