Marketing Question

Description

Report structure

The report must include the following sections:an Introduction (Thesis Statement),a Body (a section for each of the tasks explained below & including in-text citations of references

used)a Conclusion, andan end Reference List.

Use Double line spacing and a font size of Times new Roman 12. For referencing, use

Harvard Referencing. The word count for the assignment is 2,500 words.

Tasks:

1. Choose a product category of interest, such as smartphones, fast food, or

fashion apparel etc.Provide information about your selected product category.

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2. Explore the influence of social factors on consumer buying behavior within

your selected product category.Focus on reference groups, family, and social media as social influences.Discuss how these social factors shape consumers’ preferences, attitudes, and

purchase decisions within the chosen category.Provide real-world examples to illustrate the influence of social factors on

consumer behavior.

3. Discuss the significance of psychological factors in shaping consumer buying

behavior within your chosen product category.Analyze how motivation, perception, learning, and attitudes influence

consumers’ purchasing decisions.Examine how marketers can leverage psychological principles to influence

consumer behavior within the chosen category.Provide examples of marketing strategies that target psychological factors to

illustrate your points.

4. Analyze the consumer decision-making process within your selected product

category.Identify and describe the stages of the decision-making process, including need

recognition, information search, evaluation of alternatives, purchase decision,

and post-purchase decision.Provide real-world examples to illustrate each stage of the decision-making

process within the chosen category.

5. In the selected product category analyze how external factors in the

macroenvironment, such as economic conditions or legal regulations, may

influence consumer behavior within that category.Provide examples to illustrate your analysis of how economic conditions or legal

regulations impact consumer behavior in the chosen category.

6. Draw conclusions based on the findings and make recommendations