Preview

Consumer Behaviour Audit

Powerful Essays
Open Document
Open Document
3099 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Consumer Behaviour Audit
CONSUMER BEHAVIOR AUDIT The Consumer Behavior Audit is divided into the following sections: MARKET SEGMENTATION A. External Influences B. Internal Influences C. Situational Influences D. Decision-Process Influences PRODUCT POSITION A. Internal Influences B. Decision-Process Influences PRICING A. External Influences B. Internal Influences C. Situational Influences D. Decision-Process Factors DISTRIBUTION STRATEGY A. External Influences B. Internal Influences C. Situational Influences D. Decision-Process Factors PROMOTIONAL STRATEGY A. External Factors B. Internal Factors C. Situational Influences D. Decision-Process Influences PRODUCT A. External Influences B. Internal Influences C. Situational Influences D. Decision-Process Influences CUSTOMER SATISFACTION AND COMMITMENT MARKET SEGMENTATION As mentioned by Silvia Rico, the market segment consists of single women with children, ages 25-44, who live in the same geographical area in Brownsville and shop at Lopez Supermarket. A. External influences Are there cultures or subcultures whose value system is particularly consistent (or inconsistent) with the consumption of our product? The value system for the subculture (Mexican-Americans) is for the most part consistent with the consumption of Lopez Supermarket since they all share the traditions and beliefs, Hispanic race, Spanish language, and nationality background. Average family size for this segment is of 3.5, and spends 15 to 20 percent more of disposable income on groceries than the national average. They view their family and friends as an important part of their life, and value their opinions when making decisions such as where to shop for groceries. Customers of Lopez are generally those living close to the store. In general they are low-income Mexican/Hispanics with limited resources, strong values, high ties to family and tradition and the majority

You May Also Find These Documents Helpful

  • Powerful Essays

    Marketing Audit Lite N' Easy

    • 10624 Words
    • 43 Pages

    The audit is a comprehensive analyse of the marketing strategy of Lite n’ Easy. The purpose of this…

    • 10624 Words
    • 43 Pages
    Powerful Essays
  • Satisfactory Essays

    The main consumer is the working female from 25-45 is the target segment. Also, the working women from 35-45 according to market research socio-economic group A.…

    • 295 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    7. PartyLite products aren't typically innovative. It is a trusted brand name that would benefit by focusing on the early majorities and late majorities who are already loyal to the brand. Also focusing on the early adopters to be a show host to influence the early majority.…

    • 2884 Words
    • 12 Pages
    Good Essays
  • Powerful Essays

    Marketing Audit

    • 948 Words
    • 4 Pages

    A marketing audit is not unlike a financial audit in that it helps the organisations to examine progress or lack of process towards the goals.…

    • 948 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    Frigidaire Case Analysis

    • 631 Words
    • 3 Pages

    The target market was identified as families followed by single females and then by single males. The sales of this brand were the highest in the East North Central part of the country followed by the South Atlantic part of the U.S.…

    • 631 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Consumer Behavior Research

    • 9148 Words
    • 37 Pages

    The field of consumer research developed as an extension of the field of marketing research to enable marketers to predict how consumers would react in the marketplace and to understand the reasons they made the purchase decisions they did. Consumer research undertaken from a managerial perspective to improve strategic marketing decisions is known as positivism. Positivist research is quantitative and empirical, and tries to identify cause-and-effect relationships in buying situations. It is often supplemented with qualitative research.…

    • 9148 Words
    • 37 Pages
    Powerful Essays
  • Powerful Essays

    As the Australian GDP, population and level of disposable incomes advance, the Australian insurance industry is predicted to retain its growth pace in the next few years. There are various types of insurance, health insurance which primarily undertakes insurance policies in terms of health and medical risks, is considered the most popular package of insurance. This package assists individuals against the risk of medical expenses, such as payments for the diagnosis, cure, mitigation and treatment that could be very expensive. Morrisey (2008) states that the requirement for insurance is for reflecting the maximum amount that consumer would expect to pay, to avoid the financial loss. Considered one of the Australian leading health insurance brands, ahm health insurance has launched family health insurances plan as a promotional package for large families or those who claim regularly. Since the firm was established by Roy Johnson in 1971, it has gained renown as an industry leader in offering a wide range of health insurance products and health management programs. The company then branded as Government Employees Medical & Hospital Club which merely served 511 members. By the time the founder retired in 1986, the number of members had increased to over 40,000.In 2005, the brand was introduced as 'ahm' which provides health management programs, medical research programs and advanced services. Nowadays, it is engaging for health cover for over 370,000 people across Australia. However, how consumer thinking about the involvement constructs is a vexing challenge for marketers. Product involvement which refers to a consumer's enduring perceptions of the significance of the commodity classification plays a major role in advertising campaigns (Kong & Zhang, 2013). This strategy decides how advertising performs and promotes its product. The purpose of this report is to outline literature review in terms of consumer involvement theories. It will then…

    • 2356 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

     Consuming as Experience  An emotional or aesthetic reaction to consumption objects  Consuming as Integration  Learning and manipulating consumption objects to express aspects of the self and the society  Consuming as Classification  The activities that consumers engage in to communicate their association with objects, both to self and others.  Consuming as Play  Consumers use objects to participate in a mutual experience and merge their identities with that of a group.…

    • 1332 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    Consumer Behavior Summary

    • 639 Words
    • 3 Pages

    * 95 percent of the thought, emotion and learning that force our consumption occur in the unconscious mind…

    • 639 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Summary Consumer behaviour

    • 19423 Words
    • 95 Pages

    Summary Consumer Behaviour: A European Outlook 2nd Edition Chapters: 1, 3, 4, 7, 8, 9, 15 & 16 © E.I.D.J. WILLEMSE & C.H.VOS 1 Inhoudsopgave Consumer decision model ....................................................................................................................... 7 Chapter 1 ................................................................................................................................................. 8 Development of the marketing concept and the discipline of consumer behaviour ......................... 8 The marketing Concept ................................................................................................................... 8 Implementing the marketing concept ............................................................................................. 9 Segmentation, targeting and positioning ........................................................................................ 9 The marketing mix ........................................................................................................................... 9…

    • 19423 Words
    • 95 Pages
    Good Essays
  • Powerful Essays

    Short term memory is where incoming information is encoded and interpreted as it occurs, and is stored based on existing knowledge. Interpreting a text book as you read it is using short term memory. Chapter four discusses ‘the processes of knowing and understanding’ which directly correlates to short term memory. Short term memory is extremely important, and can be negated if we are distracted or are not paying attention to the incoming information.…

    • 2768 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    Marketing Audit

    • 5303 Words
    • 22 Pages

    Th e R e port Pr epa re d b y, CM /20 05/ 183 L. H. S. R a nat hun ga…

    • 5303 Words
    • 22 Pages
    Powerful Essays
  • Satisfactory Essays

    Conduct a marketing audit

    • 731 Words
    • 6 Pages

    Refer to the Green River Clothing Company case study on the section of Chapter 8. Then undertake the following tasks:…

    • 731 Words
    • 6 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Chapter 5 Consumer Behaviour Week 5 Ajax Persaud Shirley Lichti Winter 2014 Dhruv Grewal Michael Levy Copyright © 2012 McGraw-Hill Ryerson Limited…

    • 1746 Words
    • 23 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Marketing Audit

    • 660 Words
    • 3 Pages

    years (2012)lifestyles : Nighttime marketing is designed to meet the changing needs of our customers.…

    • 660 Words
    • 3 Pages
    Satisfactory Essays