Management 3210Y Consumer Behaviour Summer 2008 Tuesdays & Thursdays 6:00 pm. – 8:50 p.m. Room: MB021 Instructor: Chris Holdsworth (B.SC., MA, D.Phil) 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/200802/mgt3210y/ TEXT: Michael R. Solomon, Judith L. Zaichkowsky, Rosemary Polegato, 2008. Consumer Behaviour: Buying, Having, and Being, (4th 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 expected 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. 1 ATTENDANCE AND PARTICIPATION Although attendance and participation are not considered in the grade for this course students are expected to attend all classes and to contribute to class discussions based on the assigned readings. Students will be unable to make valuable contributions to the discussion, or benefit from the contributions of others, if the readings have not been done beforehand. As students are required to demonstrate a working knowledge of all course materials in exams, grades will suffer if more than two classes are missed. ASSESSMENT Assessment for this course will be based on the following components: See below for dates 1. Mid-term Exam The mid-term exam will cover the assigned readings and all material discussed in class plus or presented in videos. Weight: 20% of final grade. 2. 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 lose 10% per day that they are late. Additional information will be provided the first day of class. Weight: 10% of final grade. 3. Print Ad Assignment Students are required to find a print ad that illustrates the effective use of some theory(s) 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. Weight: 10% 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 must be limited to 25 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 2 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 two,, involves a profile of your repositioned 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. The aim of this presentation is to receive feedback from other students in the class. Part of the class on this date may be used to pre-test and receive feedback on the questionnaire. Phase three consists of a class presentation and a final report. Group presentations, Order of presentation will be determined by lot. They should last approximately 20 minutes and will be worth 10% of the final grade. The final report must be a professional and polished document, no more than 25 double-spaced pages, excluding any appendices, references or exhibits. The final report is worth 25% of the final grade. More details on this project will be handed out at the first class. Weight: 35% of final grade (10% presentation, 25% report) 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. Weight: 25% of final grade Component 1. Team Selection 2. Group Project Phase One 3. Personal Consumer Behaviour Journal 4. Mid-term exam 5. Group Project Phase Two 6. Print Ad Assignment 7. Group Presentations 8. Group project due 9. Final Exam Weighting 10% 20% 10% 10% 25% 25% Due date Jul 10 Jul 17 Jul 15 Jul 22 Jul 31 Aug 5 Aug 12 Aug 14 Aug 19 DEFERRALS AND MISSED EXAMINATIONS Exams must be taken at the scheduled times and assignments handed in on the dates specified. Course material submitted late will lose 10% of the mark per day that they are late. Students may be granted an extension on submissions or deferral from writing the mid-term exam only due to illness or other extenuating circumstances beyond their control and with the presentation of a valid written explanation from the appropriate authority, e.g. a physician or employer. Alternative arrangements may be made at the discretion of the instructor. Students who miss the final exam must apply to the Dean for deferral. PLAGIARISM Plagiarism: “to steal and pass off the ideas or words of another as one’s own” (Webster’s). Plagiarism will not be tolerated and will automatically result in a zero grade for the submission. Any student caught plagiarizing may also be subject to additional University sanctions. The University’s policies and procedures on 3 academic offences can be found at the following website: http://www.uleth.ca/reg/calendar/part04.pdf The University of Lethbridge subscribes to a plagiarism detection service. Students may be required to submit their written work in electronic form for plagiarism checking. 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 indicated below. All team members will receive the same mark for the group project. Students will, however, have the opportunity to provide a confidential evaluation of their peers. If such evaluations indicate that one or more members of the group have failed to contribute their fair share of the work their mark for the project may be negatively adjusted. It is important, however, that any problems with group members be brought to the attention of the instructor as soon as possible. Grading Scale: A+ = 95-100% B+ = 82-85.9 C+ = 70-73.9 D+ = 58-61.9 Date Jul 3 Jul 8 Jul 10 Jul 15 Jul 17 Jul 22 Jul 24 Jul 29 Jul 31 Aug 5 Aug 7 Aug 12 Aug 14 Aug 19 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 TENTATIVE CLASS SCHEDULE Topic Readings & Assignment Dates Introduction Chapter 1 Perception, Learning & Memory Chapters 2 and 3 Motivation, Values, the Self Team Selection Due Chapters 4 and 5 Personality and Lifestyles Chapter 6 Journal Assignment due Attitudes and Attitude change Chapters 7, 8 Group Project Phase One Due Midterm Exam Individual decision making, Buying Chapters 9 and 10 and Disposing Group Influences, Opinion leadership Chapter 11 Phase two Word of Mouth. presentations & Questionnaire pre-test Family decision-making and age Chapters 12 and 15 Group subcultures Project Phase Two Due Income & social class Ethnic, regional Chapters 13 and 14 Ad Analysis subcultures, Assignment Due Cultural Influences on Consumer Chapters 16 and 17 Behaviour All groups must be prepared to Group presentations present this date Order will be determined by lot. Group presentations Completed Group Project Due Final Exam 4