Question: Marketing class assignment please help Instructions: Based on Lecture 5. There is no page limit or word count. Focus solely on properly answering the questions

Marketing class assignment please help
Marketing class assignment please help
Marketing class assignment please help
Instructions: Based on Lecture 5. There is no page limit or word count. Focus solely on properly answering the questions and providing quality content. Do not write in bullet points or any form besides paragraphs. Each answer must start on a new line and begin with the question number. Assignments must be answered and submitted individually through Canvas. Late submissions will be penalized. Select one luxury product of your choosing. For help, see Lecture 5: Slide 11 for a list of several luxury brands. Importantly, you must select one product that the brand provides. 1. Indicate which product you selected. Then, in order to understand why consumers would buy this product, explain how any two of the following influences could have affected the cultural, social, personal, psychological 2. In your own words, explain the concept of conspicuous consumption and why it may be relevant for this product's consumers 3. In your own words, explain the concept of postpurchase dissonance and why or why not you think consumers of this product would experience it. People differ greatly in their readiness to try new products and can therefore be classified as innovators, early adopters. early mainstream ate mainstreamand bagging adopters 4. When it comes to new technological products, how would you classify yourself? Explain why Examples of luxury brands that often act as status symbols: GUCCI MOSCHINO PRADA ROLEX HERMES PARIS 28 GIVENCHY MOET & CHANDON GIORGIO ARMANI BVLGARI Lamborghini DOLCE GABBANA BOSS BURBERRY TIFFANY & CO JAGUAR Instructions: Based on Lecture 5. There is no page limit or word count. Focus solely on properly answering the questions and providing quality content. Do not write in bullet points or any form besides paragraphs. Each answer must start on a new line and begin with the question number. Assignments must be answered and submitted individually through Canvas. Late submissions will be penalized. Select one luxury product of your choosing. For help, see Lecture 5: Slide 11 for a list of several luxury brands. Importantly, you must select one product that the brand provides. 1. Indicate which product you selected. Then, in order to understand why consumers would buy this product, explain how any two of the following influences could have affected the cultural, social, personal, psychological 2. In your own words, explain the concept of conspicuous consumption and why it may be relevant for this product's consumers 3. In your own words, explain the concept of postpurchase dissonance and why or why not you think consumers of this product would experience it. People differ greatly in their readiness to try new products and can therefore be classified as innovators, early adopters. early mainstream ate mainstreamand bagging adopters 4. When it comes to new technological products, how would you classify yourself? Explain why Examples of luxury brands that often act as status symbols: GUCCI MOSCHINO PRADA ROLEX HERMES PARIS 28 GIVENCHY MOET & CHANDON GIORGIO ARMANI BVLGARI Lamborghini DOLCE GABBANA BOSS BURBERRY TIFFANY & CO JAGUAR

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