Wednesday, February 15, 2017

Consumer Behaviour - Assignment Home Work Help

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Consumer Behaviour

 

1. What is Consumer Ethnocentrism? What could be the key differences between consumers who are Ethnocentric and Non-Ethnocentric? Using the example of automobiles can you connect which customer segments would exhibit Ethnocentrism and Non-Ethnocentrism.

2. What are Rituals in the context of consumer behavior? How do Rituals create value for both marketers and consumers? Explain with examples 5 different kinds of rituals common in India and what kind of products / services are purchased during those rituals.

3. Answer the following

a. What are Culture and Subculture? Identify any 4 distinct types of Sub-cultures that exist in India and determine which product/service purchases do they influence.

b. What is Family Life Cycle? Take the following 5 different stages of the Family Cycle viz. Bachelor I, Young Couple, Full Nest I, Full Nest II & Older Couple – explain what each of these stages is in the Family Life Cycle and list down at least 3 different product categories which families at each of these stages would prefer to buy. [Please note you have identified 3 product categories for each stage of the Family Life Cycle].



Consumer Behaviour
1. Why for marketers understanding consumer behavior is very essential and how same being applied in their marketing their products and services. (You can take example of any product of your choice from FMCG segment and explain).
2. The concept of developing or modifying a product for specific market is a new trend in the world market; what are the main advantages of developing or modifying the product for specific market. What are the major aspects the marketers needs to look into.
3. A large Indian FMCG company launch a new premium bath soap in Indian market:
a. Explain how consumer behavior will be different in major retail outlets like D-Mart or Big Bazar or similar outlets as compared to smaller outlets like Kirana shops.
b. Do you think the company should only focus on larger retail outlet like D-Mark or Big Bazar rather than smaller outlets like Kirana shops explain with logical reason/s.

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Mob:  +919741410271

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