Management 3210Y Consumer Behaviour Spring 2004 Mondays 6:00 – 8:50 p.m. Instructor: Chris Holdsworth (B.SC., MA, D.Phil) Phone: 202-6627 E-Mail: christopher.holdswor@uleth.ca or chrishol@telusplanet.net Office Hours: before or after class or by appointment Class Web Page: http://classes.uleth.ca/200401/mgt3210y/ TEXT: Michael R. Solomon, Judith L. Zaichkowsky, Rosemary Polegato, 2002. Consumer Behaviour: Buying, Having, and Being, (2nd Canadian Edition) Toronto: Prentice Hall. Additional study materials, relevant web links, and practise tests are available on the publisher's companion Web site at: www.pearsoned.ca/solomon COURSE DESCRIPTION This course examines the psychological, social, and cultural processes that shape our purchasing decisions and how marketers identify and apply these sources of influence in formulating their marketing strategies. LEARNING OBJECTIVES: The objectives of this course are to: 1. To understand the psychological, social, and cultural processes influencing consumer behaviour 2. To understand the implications consumer behaviour has for formulating marketing strategies. 3. To gain experience applying consumer behaviour concepts and theories to practical marketing issues. 4. To increase your awareness of both the internal and external forces at work in your own consumption behaviour. COURSE FORMAT: The course will follow an interactive lecture-discussion format and small group activities. Classes will not necessarily repeat or cover all the material in the text but will elaborate on selected topics and use additional case studies to provide a deeper understanding of the material. Assigned textbook readings may be augmented with suggested additional readings and handouts. Although not a grade component, students are required to contribute to class discussions so attendance and participation is therefore essential. Students are also required to work on a group project and make a presentation to the class. ASSESSMENT Assessment for this course will be based on the following components: 1. Personal Consumer Behaviour Journal We are all consumers and there is no better way to begin to understand why others purchase things than to become aware of the influences on one's own behaviour. During the first few weeks of the course students will be required to keep a journal of their own purchasing decisions. A short, 4-5 page summary of the decisions made and insights gained from them must be handed in. Late papers will be deducted 33% per day that they are late. Additional information will be provided the first day of class. Date due: March 1 Weight: 10% of final grade. 2. Print Ad Assignment Students are required to find a print ad that illustrates the effective use of some theory or concept(s) discussed in class and submit a one to two page written discussion of the underlying principles that make it an effective ad. A copy or photocopy of the print ad must also be submitted. Further details will be provided on the first day of class. Date due: March 22 Weight: 10% of final grade. 3. Mid-term Exam The mid-term exam will cover the assigned readings and all material discussed in class plus any material presented in videos and group/individual presentations. Date: Feb. 23 Weight: 20% of final grade. 4. Group Project Students will work in teams of 3-5 people on a project designed to integrate and apply the course material to the development of a real-world marketing strategy. Teams must be formed by the 3rd week of class. The project requires you to select and research a product or service category, select a brand within that category, then reposition it according to the needs of a new market segment, and develop a marketing plan for the repositioned brand. Part of the research for this project will involve primary research collected through a questionnaire administered to a small sample of the target market. The project includes a class presentation at the end of the term, and a written report, which will be limited to 20 pages in length (excluding appendices). Since leaving the project to the end of the semester is counterproductive it needs to be completed in three phases. The first two phases will not be graded, as the aim is to provide feedback and to help you make steady progress. For each phase not handed in on time, however, the group will lose 10% of the overall project grade. Phase One requires a one to two page description of the product category the group has chosen to focus on, a breakdown of the responsibilities among group members, and a project plan. Phase one is due Feb. 9. Phase two, due March 8, involves a profile of your product category's market, a description and justification of your new target segment, and a draft of your questionnaire. You will also be required to give a short (5-7 minute) oral presentation to the class describing your product or service and its new target segment. Part of the class on this date will be used to pre-test the questionnaire and receive feedback. The final report, due the last day of classes, must be a professional and polished document, no more than 20 double-spaced pages, excluding any appendices, references or exhibits. More details on this project will be handed out at the first class. Date Due: Phase One: Feb 9 Phase Two: Mar 8 Completion: Apr 14 Weight: 35% of final grade 5. Final Exam The final exam will be a registrar-scheduled exam and will cover the assigned readings and all material discussed in class plus any material presented in videos and group/individual presentations since the mid-term - i.e. it is not cumulative. Date: Apr 26 Weight: 25% of final grade Component 1. Team Selection 2. Group Project Phase One 3. Mid-term exam 4. Personal Consumer Behaviour Journal 5. Group Project Phase Two 6. Print Ad Assignment 7. Group Presentations 8. Group project 9. Final Exam Weighting 20% 10% 10% 35% 25% Due date Jan. 26 Feb. 9 Feb. 23 Mar. 1 Mar. 8 Mar. 22 Apr. 5 Apr. 14 Apr. 26 Exams must be taken at the scheduled times and assignments handed in on the dates specified. Students may be deferred from writing the Mid-term exam only on the presentation of a valid written excuse from a physician or employer. On receipt of such written authority alternative arrangements may be made at the discretion of the Instructor. Students who miss the final exam must apply to the dean for deferral. GRADING SCHEME: Each item of course work will be weighted as above and a final mark out of 100 calculated. This will then be converted to a letter grade in compliance with the University of Lethbridge, Faculty of Management's formula as follows: Grading Scale: A+ = 95-100% B+ = 82-85.9 C+ = 70-73.9 D+ = 58-61.9 A = 90-94.9% B = 78-81.9 C = 66-69.9 D = 50-57.9 A- = 86-89.9% B- = 74-77.9 C- = 62-65.9 F = 0-49 CLASS SCHEDULE Date Topic Readings & Assignment Dates Jan 12 Introduction Chapter 1 Jan 19 Perception, Learning & Memory Chapters 2 and 3 Jan 26 Motivation, Values, the Self Chapters 4 and 5 Team Selection Due Feb 2 Personality and Lifestyles Chapter 6 Feb 9 Attitudes and Attitude change Chapters 7, 8 Group Project Phase One Due. Feb 16 Family Day No Class Feb 23 Midterm Exam Mar 1 Individual decision making, Buying and Chapters 9 and 10 Disposing Journal Assignment due Mar 8 Group Influences, Opinion leadership, Word of Mouth Phase two presentations & Questionnaire pre-test Mar 15 Family decision-making subcultures Mar 22 Income & social class Ethnic, regional Chapters 13 and 14 subcultures Ad Analysis Assignment Due Mar 29 Cultural Influences on Consumer Behaviour, Revision Apr 5 Group presentations Apr 12 Easter Monday No Class Apr 14 (Wed) Make-up class Group presentations Apr 26 Final Exam and Chapter 11 Group Project Phase Two Due age Chapters 12 and 15 Chapters 16 and 17 Completed Group Project Due