Sunday, February 23, 2020

Consumer Behaviour Essay Example | Topics and Well Written Essays - 1500 words - 4

Consumer Behaviour - Essay Example This leads to the question of what really determine what a person buys? When and how he disposes the product? The different characteristics by consumer are known as consumer behavior. In simple terms, one can define consumer behavior as the processes involved when a person purchases, use or dispose a product (Michael, Askegaard & Hogg 2006, p. 33) from the definition we can depict that before a consumer make a purchase, use or dispose a product, first there are stages which are involved. Secondly, there are factors that affects their behavior before making a choice on what to purchase when purchasing and those that affect them after purchasing. It is these factors that help the seller or the marketer to win the customer and lure them to buy their product. Hence marketer should have a clear understanding what products and brands means to consumers , it is also important that he or she understand what it takes for the customer to purchase the product and use it. (Paul & Olson 2010, p.7) There are many theories that explain the subject consumer behavior such as economic man theory, psychodynamic theory, behaviorist theory, perception theory among many others. In this paper we will be looking at how the marketers in different companies use the perception theory consumer behavior to persuade customers to make more sales. People are normally drawn by what they see, feel, smell and hear, if they are able to identify themselves with it and they are pleased. Any customer in the market will always buy what please his or her eyes; a supermarket only keep it goods on display and buyer pick them depending on how they are pleased by them. It is from this that the theory of perception was developed. Perception is not a single event but a series of events that a person goes through when selecting, organizing and interpreting stimuli into a meaningful and coherent Consumer Behaviour Essay Example | Topics and Well Written Essays - 2500 words Consumer Behaviour - Essay Example According to Bouhlel, Mzoughi and Slimane (2011), success of a marketing strategy for a brand is based on proper assessment of the nature of the consumers and their purchasing behavior. Marketing strategies and methodologies must be objective and results oriented to enable companies to achieve higher sales and thus increased revenue. Because consumers usually pass through certain steps before they decide to purchase any given brand, a company should ensure that its marketing strategies are designed in a manner which ensures that the awareness of the consumer for the product is created first before the consumer is convinced to have an interest in the brand and thus purchase it. This paper gives a critical analysis and discussion of the marketing activities of Red Bull GmbH, in the promotion of their Red Bull energy drink to its consumers. Consumer behavior models and theories such as the Reasoned Action Theory, The Hierarchy of Effects Model and the Multi Attribute Attitude Model are used to illustrate how the Red Bull marketing strategies create a positive attitude of consumers towards the brand. Red Bull Red bull is an energy drink which was created in 1987 by an Austrian entrepreneur. It has become the most popular energy drink in the world. The energy drink, which is sold by Red Bull GmbH, has become an essential commodity and is used every day in many households across the world as described by Marketing Week (2006, p. 33). The marketing activities of the energy drink have been internationalized with aggressive promotional activities which aim at generating a positive attitude from the consumers of the energy drink as a way of having a competitive advantage over rival brands. Through sponsoring various sporting activities across the world, the marketing activities of the brand have influenced the behavior of the consumers which has resulted into the immense success of the company with ever increasing sales of the brand. Moreover, the appeal of the brand to the consumers has been made possible by the company’s hosting of various events in addition to the use of celebrities to capture the attention of the consumers and thus arousing their desire for the brand. The public image on Red Bull has been promoted by associating the product with the activities it sponsors or hosts and thus causing the consumers to be influenced by the power of the brand that is illustrated by its marketing images. Additionally, the company has also influenced the psychology of the consumers through the energy drink’s slender and well designed cans which are preferred more than those of its business rivals. Moses (2011, p. 23) says that the desire of the consumer for Red Bull is created by its slogan â€Å"it gives you wings† which is used in the energy drink’s marketing activities to influence the behavior of its consumers with an aim of making them to reach a decision of purchasing the product. Consumer Attitude Models Mazis, Ahtola and Klippel (1995, p. 38) say that it is through a positive attitude for a product that the interest of a consumer for that brand is created. To promote the attitudes of the consumers for Red Bull, the company has shifted the promotional activities of the brand from product branding to lifestyle branding. The consumers thus view the product as part of their lifestyle and thus the enhanced attitude for the brand. Khermouch (1998, p. 16) explains that the

Friday, February 7, 2020

Crisis and Expansion Essay Example | Topics and Well Written Essays - 1250 words

Crisis and Expansion - Essay Example As new modes of communication arrived on the scene, they allowed faster and more secure ways of sending and receiving information. It is also the time when various stratified groups of citizens started realizing their rights, particularly the African Americans and women. This gave rise to several black and women’s rights movements demanding greater rights for the minority or neglected group. The 19th century is also important due to the numerous expansions, exterminations, and exclusions took place. The Gold Rush also occurred during the same century when a great number of people flocked into California in order to find gold, but the incident also resulted in the death of several hundred Native Americans. Further activities during the century included the American Civil War and the rise of capitalistic ideas which influenced its own following. Thus, the nineteenth century was characterized by geographical expansion, industrial development, and activism. A significant portion of the 19th century was occupied by the westward territorial expansion of American settlements. Following the American independence from the colonization of Great Britain, the US was a free land which faced the problems of rising inflation and a weak economy (The significance of the frontier in American history pg 1). However, it is also during this time when American settlements sprawled further westwards in order to find suitable dwellings that met their need for sufficient resources. The American population kept growing and expanding in numbers and the American society found itself to be sharply extending to western continents as they went through the societal development process. The society and the people were also subject to the rapidly changing external environments which spurred them to expand to places where they could conquer the â€Å"wilderness†. Thus, in response to the changing social, economic,