MKT 450 – Consumer Behavior and Marketing Spring 2012 Revised: December 15, 2012 Professor: Office: Phone: E-Mail: Office Hours: T/R T/R T/R Gülden Ülkümen HOH 516 (213) 740-3852 ulkumen@marshall.usc.edu Tuesday 5:30-6:30 pm, Thursday 5:30-6:30 pm, and by appointment. 12:00 - 01:50 pm 02:00 - 03:50 pm 04:00 - 05:50 pm Room: HOH 422 Room: HOH 422 Room: HOH 422 Note: E-mail is the best way to contact me outside of class. COURSE GOALS We are all consumers. We buy groceries, computers, and cars. We purchase services ranging from bank accounts to college educations. However, we also know that consumers are different from one another. We buy different clothes, drive different cars, and eat different foods. Moreover, even the same consumer can make different decisions depending on the situation. So how are we to construct coherent marketing strategies? In this class we will try to learn how and why consumers behave the way that they do. We will explore our intuitions about our own behavior. We will learn about theories developed in marketing, psychology and other behavioral sciences. And we will learn to use these theories to predict how consumers will respond to different marketing activities. The goals of this class are: To acquire a framework for analyzing consumer behavior problems To learn how consumer behavior can be affected by different marketing strategies To show how behavioral evidence can be used to evaluate alternative marketing strategies To develop a deeper understanding of consumer behavior by learning about relevant psychological and sociological theories To acquire experience in applying these theories to real-world consumer behavior problems Page 1 of 11 COURSE RESOURCES Required Text Consumer Behavior (2007, 5th edition), by Wayne D. Hoyer, and Deborah J. MacInnis, Houghton Mifflin Co: Boston: MA. Course Reader Includes the following HBS cases: Starbucks: Delivering Customer Service (9-504-016) Boston Beer Company: Light Beer Decision (9-899-058) TiVo in 2002 (9-502-062) Readings & Assignments Additional exercises, journal articles, and recent news from the popular business press will be provided throughout the semester. The journal articles will provide you with a deeper insight into selected topics and methods of consumer behavior research. The business news articles and exercises will give you the opportunity to apply the textbook’s conceptual framework to current real-world marketing problems. Make sure that you have read the readings assigned for each class. This will help you to better understand the material discussed in class and to actively participate in class discussions. These readings and assignments will be handed out in class or posted on the class website. It will be the student’s responsibility to obtain these materials if a class session is missed for any reason. Course Website https://blackboard.usc.edu This website is an important part of the course and you will want to refer to it frequently for information on each session. It contains important announcements, course syllabus, copies of the PowerPoint slides we will use in class each day, readings and other handouts and assignments. Please check this website regularly. It is your responsibility to check this website once before every class for important announcements and updates. Class Notes A subset of the PowerPoint slides for each class will be available for downloading from the website by 10 am the morning of the relevant class session. I will post a subset of the slides I use in class on Blackboard. These slides only present an outline of the class discussion. You will still need to take additional notes to fully capture the material discussed in class. It is the student’s responsibility to print out lecture notes and bring them to class. Prerequisites None. Page 2 of 11 COMMUNICATION The best way to reach me is via email. I access my email many times a day – a lot more often than my phone messages. The office hours are on Tuesday and Thursday 5:30-6:30 pm. If you cannot make it to the regularly scheduled office hours, please email me and set up an appointment for a different time. I will use Blackboard’s email system to contact you individually or as a group about the class (e.g. changes in the syllabus, assignments, etc.). It is your responsibility to make sure that emails sent via Blackboard can reach you at an email address you check on a regular basis. CLASSROOM ETIQUETTE Out of respect for the other students in the class, it is important for you to focus your full attention on the class, for the entire class period. While most students do observe proper decorum, it takes only a few to bother the entire class. In a busy, electronic age, proper class etiquette means observing the following standards: o Arrive for class on time. o Once you have arrived, you should leave the classroom only if absolutely necessary. Leaving to make or take phone calls, to meet with classmates, or to go to an interview, is not considered appropriate behavior. o The only material you should have in front of you is reading concerned with the class. Reading of any other material, such as newspapers or magazines, or doing work from another class, is not acceptable. o Turn off and put away your laptop - you are not permitted to use your laptop in class. The only exception to this is if I explicitly ask you to bring your laptop to class and use it for an in-class exercise (I will, of course, let you know well ahead of time). o Turn off your cell phone - You are not permitted to use your cell phone for calling, text messaging, or for any sort of instant messaging, during class. Please switch it off. Any violation of these standards for laptops and other electronic gadgets will be considered as very serious. ADD / DROP PROCESS http://www.usc.edu/dept/publications/cat2011/academic/policies.html In compliance with USC and Marshall’s policies classes are open enrollment (R-clearance) through the first week of class. All classes are closed (switched to D-clearance) at the end of the first week. This policy minimizes the complexity of the registration process for students by standardizing across classes. I can drop you from my class if you don’t attend the first two sessions. Please note: If you decide to drop, or if you choose not to attend the first two session and are dropped, you risk being not being able to add to another section this semester, since they might reach capacity. You can only add a class after the first week of classes if you receive approval from the instructor. Page 3 of 11 ATTENDANCE POLICY I expect everyone to attend all classes. Aside from being an essential part of the learning experience, regular attendance is a prerequisite for contributing to class discussions. Moreover, please keep in mind that: o Attendance is an important component of your class participation grade. o You do not need to notify me if you cannot make it to class, unless it’s an exam day or if you are not able to attend for an extended period of time. o Absences will be excused only due to documented medical reasons, or when accompanied by a note from another USC instructor. Absences due to job interviews or other reasons will not be excused. o Assignments are due at the beginning of class and late assignments will be penalized. o If you have to miss class you are responsible for getting notes from other students, and in general understanding the material covered, and for knowing any changes or assignments announced in class. EXTRA CREDIT POLICY Please note that there will be no opportunities to improve your grade through the completion of extra credit work. If you keep up with the class during the semester there should not be any need for this either. ACADEMIC INTEGRITY USC seeks to maintain an optimal learning environment. General principles of academic honesty include the concept of respect for the intellectual property of others, the expectation that individual work will be submitted unless otherwise allowed by an instructor, and the obligations both to protect one’s own academic work from misuse by others as well as to avoid using another’s work as one’s own. All students are expected to understand and abide by these principles. SCampus, the Student Guidebook, contains the Student Conduct Code in Section 11.00, while the recommended sanctions are located in Appendix A. http://www.usc.edu/dept/publications/SCAMPUS/gov/ Students will be referred to the Office of Student Judicial Affairs and Community Standards for further review, should there be any suspicion of academic dishonesty. The Review process can be found at: http://www.usc.edu/student-affairs/SJACS/ Failure to adhere to the academic conduct standards set forth by these guidelines and our programs will not be tolerated by the USC Marshall community and can lead to dismissal. No cheating, plagiarism, or dishonest behavior will be tolerated. Copying the work of a current or past student, plagiarizing in any way, or performing any other act of academic dishonesty will be dealt with in a manner consistent with University policy. Individual work, either in the form of an individual assignment or on an exam, must be yours and yours alone. In group projects, I expect the members of each team to contribute equally. Keep in mind that part of your grade from group projects depends on peer evaluations. Page 4 of 11 RETURN OF PAPERWORK Returned paperwork, unclaimed by a student, will be discarded after 4 weeks. Students who miss class sessions when assignments are returned are responsible for arranging an appointment to retrieve their materials. To keep things fair for future students, I do not allow students to take their actual exams out of the classroom. You may look over your exams in my office during office hours, or by appointment. EMERGENCY PREPAREDNESS/COURSE CONTINUITY In case of emergency, and travel to campus is difficult, USC executive leadership will announce an electronic way for instructors to teach students in their residence halls or homes using a combination of Blackboard, teleconferencing, and other technologies. Instructors should be prepared to assign students a "Plan B" project that can be completed at a distance. For additional information about maintaining your classes in an emergency please access: http://cst.usc.edu/services/emergencyprep.html Please activate your course in Blackboard with access to the course syllabus. Whether or not you use Blackboard regularly, these preparations will be crucial in an emergency. USC's Blackboard learning management system and support information is available at blackboard.usc.edu. STATEMENT FOR STUDENTS WITH DISABILITIES Any student requesting academic accommodations based on a disability is required to register with Disability Services and Programs (DSP) each semester. A letter of verification for approved accommodations can be obtained from DSP. Please be sure the letter is delivered to me as early in the semester as possible. DSP is located in STU 301 and is open 8:30 am – 5:00 pm, Monday through Friday. The phone number for DSP is (213) 740-0776. Thank you for your co-operation in these very important rules. I am looking forward to an exciting class and semester! Page 5 of 11 STUDENT EVALUATION Final grades represent how you perform in the class relative to other students. Your grade will not be based on a mandated target, but on your performance. Historically, the average grade for this class is about a (B). Three items are considered when assigning final grades: 1. Your average weighted score as a percentage of the available points for all assignments (the points you receive divided by the number of points possible). 2. The overall average percentage score within the class. 3. Your ranking among all students in the class. Your evaluation will be based on 2 midterms, 1 final exam, an individual assignment, three case study reports, a final project, and your class participation: Case Reports: Individual Assignment: Final Project: Midterm 1: Midterm 2: Final Exam: Class Participation: Case Study Reports 6% 10% 17% 15% 15% 25% 12% 6% You will be asked to prepare 3 Harvard Business School cases for class discussion. To make sure that you have read and thought about the cases in advance, I will ask everyone to bring to class a (max) 2 page report on the day we discuss the case in class, in the beginning of class. Each case report will contribute 2% towards your final grade. More detailed information on the case preparations will be posted on the Blackboard at a later date. Individual Assignment 10% Evaluation & Choice Assignment is designed to help you better understand and remember the issues discussed in class. This assignment should be done individually. Please turn in a hard copy of each assignment in the beginning of class, on its due date (indicated in the class schedule). Students are responsible for knowing when the assignments and case reports are due. If you are unable to turn in an assignment on or before the due date, for whatever reason (e.g., illness), you must contact me prior to the due date. Final Project 17% A significant part of your course grade will be determined by a final project, which will be completed in groups. As professionals interested in marketing, you are all going to be part of teams that work together in finding solutions to common marketing problems. Therefore, as part of this course, you will be required to carry out a team project in which you focus on a particular product, service, or non-profit cause, conduct research to examine this product and its customers and discuss your findings. More information on the final project will be Page 6 of 11 posted on Blackboard at a later date. You are responsible for selecting your team members, coordinating schedules, and communicating your expectations about division of labor. At the end of the semester, each team member will be asked to evaluate the contribution of every other member in their teams. Part of your grade on the final project will be based on these peer evaluations. Midterms 30% (Midterm 1: 15% & Midterm 2: 15%) The two midterms will be based on the lectures, class discussions, assigned readings, and class assignments. They may include multiple choice, short answer, and essay questions. The midterms will include material primarily covered in lectures, but material from the textbook and assigned readings may also be included. There will be no makeup exam. If you cannot take one of the midterms due to a documented medical condition, the other midterm will count for 30% of your course grade. If you fail to take both midterms due to a documented medical condition, your final exam will count for 55% of your course grade. Final Exam 25% The exam may consist of multiple choice, short answer, and essay questions. The exam will primarily include material covered in lectures, but material from the text, fellow students’ group presentations, and assigned readings may also be included. No student is allowed to take the final exam early or to skip the final exam. There will be no makeup exam. Class Participation 12% I expect that you all realize the importance of attending the classes. Attending classes is not optional. It will substantially increase your understanding of the assigned readings and provide you with insight into issues beyond those covered in the readings. It will also give you the opportunity to actively participate in class discussions and obtain a better class participation grade. Note, however, that your mere presence is not sufficient to earn points for class participation. What matters more is the quantity and, especially, the quality of your contributions to class discussions. All assignments are due at the beginning of class. Please turn in a hard copy of each assignment at the beginning of class on their due date. Assignments submitted by email will not be accepted. Assignments handed in late will lose points. Your grades will be posted on our course page on Blackboard. Please check there from time to time to make sure all your points are recorded properly. GRADE REBUTTALS If you feel that a calculation or judgment error has been made in the grading of an assignment or exam, please write a formal memo describing the error, within one week after the grades are posted. Also include documentation in support of your opinion. If you submit a written appeal, I do not promise to change your grade, but I promise to consider your appeal carefully and fairly. Please note that any request for re-assessment of a grade usually results in re-grading the ENTIRE assignment or exam. (This means that if errors are detected in the grading of other sections, they will also be corrected, whether they are in your favor or not.) Page 7 of 11 PROJECTED CLASS SCHEDULE SPRING 2012 updated 12/15/11 Please note that this is a tentative class schedule – it may change in the course of the semester. You are responsible for any changes announced in class or posted on Blackboard. DATE DAY TOPIC 01 / 10 Session 1 Tuesday Introduction to the Course 01 / 12 Session 2 Thursday Overview of Consumer Behavior 01 / 17 Session 3 Tuesday Measuring Consumer Behavior (Qualitative Methods) 01 / 19 Session 4 Thursday Measuring Consumer Behavior (Quantitative Methods) 01 / 24 Session 5 Tuesday Consumer Behavior and Marketing (Segmentation & Targeting) 01 / 26 Session 6 Thursday Case Discussion: Starbucks Consumer Behavior and Marketing (Positioning) ASSIGNMENT Read Chapter 1 DUE: Personal Profile Read Enrichment Chapter DUE: Starbucks Case Report1 PART I: The Consumer Decision Making Process 1. Overview 01 / 31 Session 7 Tuesday The Consumer Decision Making Process Read Chapter 2 DUE: Form Groups for Final Project 2. Pre-Purchase Processes 02 / 02 Session 8 Thursday Need Recognition & Search 02 / 07 Session 9 Tuesday Exposure & Attention 1 Case reports are due in hard copy, in class on the day we discuss the case. Page 8 of 11 Read Chapter 8 Read Chapter 3 02 / 09 Session 10 Thursday Perception Read Chapter 4 DUE: Select 3 Candidate Products for Final Project 02 / 14 Session 11 Tuesday Case Discussion: Boston Beer Company Course Review DUE: Boston Beer Company Case Report 02 / 16 Session 12 Thursday MIDTERM 1 02 / 21 Session 13 Tuesday In-Class Research Workshop Note: Students can use laptops in this session 3. Purchase & Post Purchase Processes 02 / 23 Session 14 Thursday Opinion Formation 02 / 28 Session 15 Tuesday Opinion Formation 03/01 Session 16 Thursday Storage & Retrieval Read Chapter 7 DUE: Report Summarizing Selected Product, Research on Target and Alternative Segments, and Hypotheses for Final Project 03/06 Session 17 Tuesday Evaluation & Choice Read Chapter 9 03 / 08 Session 18 Thursday Evaluation & Choice 03 / 13 Tuesday Spring Break - No Class 03 / 15 Thursday Spring Break - No Class 03 / 20 Session 19 Tuesday Decision Biases 03 / 22 Session 20 Thursday Course Review Page 9 of 11 Read Chapters 5 & 6 Read Chapter 10 DUE: Evaluation & Choice Assignment (Individual Assignment) 03 / 27 Session 21 Tuesday MIDTERM 2 03 / 29 Session 22 Thursday Consumption & Evaluation Read Chapter 11 Read Hoch & Ha (1986) 04 / 03 Session 23 Tuesday In-Class Workshop DUE (04/02): Report on Suggested Research Methods & Materials for Final Project PART II: Individual & Environmental Influences on the Decision Making Process 04 / 05 Session 24 Thursday Individual Influences on Adoption Culture and Consumer Behavior Read Chapter 16 04 / 10 Session 25 Tuesday Demographics Read Chapters 12, 13 04 / 12 Session 26 Thursday Psychographics Case Discussion: TiVo 2002 Read Chapters 14 DUE: TiVo 2002 Case Report PART III: Improving Consumers’ Decisions 04 / 17 Session 27 Tuesday Consumer Welfare Read Chapter 18 Final Project Presentations 04 / 19 Session 28 Thursday Project Presentations 04 / 24 Session 29 Tuesday Project Presentations 04 / 26 Session 30 Thursday Course Review Section: T/R 12:00 - 01:50 pm T/R 02:00 - 03:50 pm T/R 04:00 - 05:50 pm Final exam date & time Wednesday, May 9, 2-4 pm Thursday, May 3, 2-4 pm Thursday, May 3, 4:30-6:30 pm Page 10 of 11 DUE: Final Project for All Groups PERSONAL INFORMATION FORM MKT 450 – Consumer Behavior and Marketing Professor Gülden Ülkümen, Spring 2011 Your Name: _____________________________________________ Please staple your photo here Cell phone number: _______________________________________ Name you prefer to be called: ________________________________ (One that looks like you!) Major(s): ________________________________________________ Expected graduation date:___________________________________ Please read the following statement and indicate your agreement by providing your signature below. (Before signing you should be sure to read the syllabus thoroughly). “I have read the syllabus thoroughly. I understand and agree to the requirements associated with this course.” ___________________________________________ Signature _________________ Date 1) List any class you might miss for religious observance. 2) List any classes you are currently taking, or have taken in the past that is relevant to our course (e.g., Marketing, Psychology, Communications) 3) What is your recent work experience? 4) What do you expect to get from this course? How does the course fit your career goals? 5) Tell me something about yourself that is important to you and/or makes you unique (your interests, hobbies, background, talents, collections, etc.) Use the back of the form if you need more space. Page 11 of 11