Chapter 2: Consumer Behavior Assignment Name: ____________________ Due Date: __March 9, 2015______ You must hand in a hard copy for this assignment. No report covers. One staple in the top left corner. Research: Choose a company of interest to you. It should be a company that is large enough to have an informative website. Look around the web site and explore the different aspects to the site. You may also want to do additional research about the company online through other legitimate sources. Basically, at this stage you are trying to get a firm understanding of the company, its target market and the marketing strategies (4 P’s) it uses. You may make rough notes on this. A consumer profile for what you believe/have researched to be the company’s target market. a. Specifically, create a detailed outline of the target market using the 4 profile categories studied in class (see notes from class). b. To achieve Level 4 status you must thoroughly explore all aspects of each profile category, being as descriptive as possible based on what you can research, and what you may know about the company. c. Consider all aspects of a customer profile that may be relevant to a marketer. **Please feel free to use the template attached to organize your information. d. THE BEST PROFILES ARE HIGHLY DETAILED. PROVIDE AS MUCH INFORMATION ABOUT THE CONSUMER AS POSSIBLE IN THE CORRECT CATEGORY. Marking Scheme: Level 1 Level 2 Level 3 Level 4 Mark Limited Some Considerable A high degree of /10 Limited Some Considerable A high degree of /10 Application Student transfers ‘consumer profile’ concept and terminology to a real business setting with _________ effectiveness. All aspects of a consumer profile are considered with __________ effectiveness. Communication Student uses examples and descriptions to describe their consumer with ____________ detail Student give ____________ attention to detail including spelling, grammar, layout and format Template Consumer Name: Profile Category Demographics Age (use names from our note to describe the group it targets) Gender Income Level/Social Class Family Life Cycle Culture (description) Ethnicity/Subculture (description) Psychographics Lifestyle/Occupation Values Personality Traits Geographics Behavioural Characteristics Motivations for purchasing Where does the target market live? Work? Shop? Features Desired in the product (i.e. what is the target market looking for in terms of product features? Basic? Advances?) BE SPECIFIC Usage Rate – how much doe the target market use this product? (heavy user, moderate user, light user?) Brand Loyalty (very, somewhat, not very) Social Factors (Groups, Peer Pressure, Celebrity Endorsements, Family Influence) Psychological Factors/Emotional reasons (Motivation/Maslow, Learning, Perception, Attitudes or Beliefs) Description