University of North Carolina at Greensboro Bryan School of Business and Economics Department of Marketing, Entrepreneurship, Hospitality and Tourism Course: Marketing 424, Consumer Behavior, Fall 2014 Class Times: 12.30 – 1.45 pm, Tuesday and Thursdays, Room 213 Instructor: Sara MacSween, sara@themarketingboutique.com Office Hours: Mondays from 10 am – 12 pm or by appointment, Room 374 Text: Consumer Behavior, 11th Edition by Schiffman and Wisenblit Course Description: This class explores the psychological and socioeconomic factors affecting consumer motivation, behavior and buying decisions. It places emphasis on current theory and research about the behavior of consumers as individuals and members of socioeconomic groups. The use of new technologies will also be covered. Course Objectives: To give students a workable understanding of consumers’ emotional and behavioral buying patterns. To provide students with an understanding of the different key factors that directly or indirectly influence consumer behavior. To facilitate an opportunity for students to expand their thinking so they are prepared to enter the workforce and persuade their consumers (B-C and B-B) to buy and use particular products and services. To explain the importance of marketing communications during the buying cycle to reinforce the concept of value. Honor Code: This class will follow the following Honor Code policies: University’s Academic Integrity Policy, which can viewed at http://academicintegrity.uncg.edu/ The Bryan School’s Faculty and Student Guidelines, which can be viewed at www.uncg.edu/bae/faculty_student_guidelines.pdf Make-up Exams: Only given due to illness, and students must provide a note from a physician on letterhead with a signature before a make-up exam will be given. Midterm exam I 50 multiple choice questions covering chapters 1-5 25% Midterm exam II 50 multiple choice questions covering chapters 6-10 25% Midterm exam III 50 multiple choice questions covering chapters 11-16 25% Oral presentations (2 per group) 10 minute group presentation with Q&A session, groups choose their presentation format 20% Class participation Class participation and the ability to answer questions during oral presentations 5% TOTAL 100% Grading Class Expectations As instructor, I have the following responsibilities: 1. Come prepared to every class with a well thought-out class. 2. Design my class so you will understand how a marketer uses their understanding of consumer behavior to connect with consumers and prospective consumers. 3. Consider that it is not always your fault if you don’t understand the material. 4. Create a mutually respectful classroom environment. 5. Provide real working examples of how consumer behavior translates in B-C and B-B environments. As students, you have the following responsibilities: 1. Turn off your phone so you can focus on the lecture. Your smart phone is smart enough! 2. Come prepared to every class by reviewing previous notes and reading the material. It’s amazing how things make sense when you read before class! 3. Consider that it is not always the instructor’s fault when you don’t understand the material. 4. Treat others (including the instructor) with respect. 5. Ask questions when you don’t understand. Asking questions is a sign of maturity - not ignorance. Sales professionals spend a lot of time asking their customers questions. Important Notes 1. The exam consists of questions from the text (50%) and lecture (50%). If you don’t attend class, then you will miss HALF of the material on the exams. 2. Quality, not quantity, is important for class participation and oral presentations. Class Schedule Date Activity Tues, Aug 19 Oral Presentations & Teams Course introduction and team assignments Thurs, Aug 21 Chapter 1 Tues, Aug 26 Chapter 2 Thurs, Aug 28 Continuation of Chapter 2 Tues, Sept 2 Chapter 3 Thurs, Sept 4 Continuation of Chapter 3 Tues, Sept 9 Chapter 4 Thurs, Sept 11 Continuation of Chapter 4 Tues, Sept 16 Chapter 5 Thurs, Sept 18 Continuation of Chapter 5 Tues, Sept 23 Thurs, Sept 25 Midterm I Chapter 6 Tues, Sept 30 Continuation of Chapter 6 Team 1 Team 2 Team 3 Team 4 Team 5 Team 6 Team 7 Team 8 Team 9 Team 10 Thurs, Oct 2 Team 11 Team 12 Chapter 7 and midterm review Tues, Oct 7 Chapter 8 Thurs, Oct 9 Continuation of Chapter 8 Tues, Oct 14 No class for Fall Break Thurs, Oct 16 Chapter 9 Tues, Oct 21 Continuation of Chapter 9 Thurs, Oct 23 Chapter 10 Tues, Oct 28 Continuation of Chapter 10 Team 2 Team 3 Midterm II Chapter 11 Team 4 Team 5 Catch up and midterm review Thurs, Oct 30 Tues, Nov 4 Thurs, Nov 6 Team 13 Team 14 Team 15 Team 1 Tues, Nov 11 Thurs, Nov 27 Team 6 Team 7 Chapter 13 Team 8 Team 9 Chapter 14 Team 10 Team 11 Chapter 15 Team 12 Team 13 Chapter 16 Team 14 Team 15 No class for Thanksgiving Break TBC Midterm III Thurs, Nov 13 Tues, Nov 18 Thurs, Nov 20 Tues, Nov 25 Chapter 12 Oral Presentations Team 1, Presentation 1 Team 2, Presentation 1 Team 3, Presentation 1 Team 4, Presentation 1 Team 5, Presentation 1 Team 6, Presentation 1 Team 7, Presentation 1 Team 8, Presentation 1 Team 9, Presentation 1 Team 10, Presentation 1 Team 11, Presentation 1 Discuss how two websites or apps you regularly visits track your behavior and enable marketers to target you effectively. Discuss two technological innovations that are designed to enhance customer retention. Provide a navigation report of two websites (patterns and surfing times). Describe how a marketer would use this information to create customized advertising messages. The owners of a local health-food restaurant need a psychographic profile of families living in a five-mile driving radius. Write a 10-item psychographic questionnaire that measures a family’s dining preferences. Show and discuss the effectiveness of four different advertisements; discuss the different defense mechanisms used. Find and discuss an example of a B-C and B-B advertisement or communication that is designed to arouse consumer needs. Find three examples of promotional methods that use ambush or experimental marketing. Discuss the effectiveness of the sensory input provided. Select a company that produces several versions of the same product under the same name brand (not an example used in the text). Prepare a list of the benefits each item offers. Explain if you think the benefits will persuade consumers to buy each version. Visit a supermarket or drug store. Identify packages that were designed with a marketer’s knowledge of stimulus generalization or stimulus discrimination. Show and discuss these examples. Find an example of two ads that targets the left side of the brain and two ads that target the right side of the brain. Discuss your choices and their effectiveness. Explain a person’s attitude towards visiting Disney World in terms of the tri-component attitude model. Team 12, Presentation 1 Team 13, Presentation 1 Team 14, Presentation 1 Team 15, Presentation 1 Team 1, Presentation 2 Team 2, Presentation 2 Team 3, Presentation 2 Team 4, Presentation 2 Team 5, Presentation 2 Team 6, Presentation 2 Team 7, Presentation 2 Team 8, Presentation 2 Team 9, Presentation 2 Team 10, Presentation 2 Team 11, Presentation 2 Explain how a marketer of a nicotine patch can use the theory of trying-to-consume. Using this theory, identify two segments of smokers that the marketer should target and explain the best approach. Find print ads using each of the following advertising appeals: fear, sex and humor. Discuss their effectiveness and persuasive value in class. Should marketers use more verbal copy than artwork in print ads? Provide examples of one B-C and one B-B ad. Explain your answer with your two examples. List and describe four advantage of social media over traditional media. Provide examples. Take pictures of two types of out-of-home media. Present them in class and describe their target market and effectiveness. Provide examples of how companies strategically use buzz agents and viral marketing. Discuss their effectiveness. Find and present ads that encourage consumers to engage in word-of-mouth communications. Discuss the communication channels used. You own two furniture stores – one catering to upper-middleclass customers and one to lower-class customers. Discuss how social-class differences influence the following: product lines and styles, advertising, media selection, communication style and payment policies. Identify one traditional family and one nontraditional household featured on TV. Classify the traditional household according to the family life cycle stage and the other according to the living arrangements featured in Table 10.7. Compare the consumer patterns of the two households. Discuss why companies are offering green products. Provide examples of products and identify their target market(s). Find advertisements for two brands of deodorant. Do a content analysis of the written and pictorial aspects of each ad. Identify the core values portrayed in the ads. Describe how the symbols in each ad convey the deodorant’s brand image. People of the same age have different lifestyles. Discuss how developers of retirement housing can use older Americans’ lifestyles to segment their markets. Select one of the following countries: Mexico, Brazil, Germany, Italy, Kuwait, Japan or Australia. Learn about the country’s customs and consumption in the chosen country. Prepare a promotional strategy designed to persuade tourists from this country to visit the US. How do consumers reduce post-purchase dissonance? How can marketers provide positive reinforcement to consumers after purchase to reduce dissonance? Provide examples. Identify a product, service or style recently adopted by you/your friends. Identify the innovation and describe the diffusion process up to this point. What are characteristics of early adopters? Who didn’t adopt it? What features are likely to determine its eventual success or failure? Team 12, Presentation 2 Team 13, Presentation 2 Team 14, Presentation 2 Team 15, Presentation 2 Find and discuss ads that depict the following: exploitive targeting of children, overaggressive adverting, direct-toconsumer advertising of pharmaceuticals, cause-related marketing, societal marketing by a for-profit company and socially undesirable representation. Neutrogena would like to extend its facial cleanser product line. Design a qualitative and a quantitative research design. Based on the discussion of focus groups and depth interviews (Figures 16.2 and 16.3), develop a discussion guide for studying college students’ reactions to their brand and model of cell phone. Using one of the attitude scales in Figure 16.6, construct a survey to assess your fellow students’ opinions regarding the technological support services provided by your university.