Question: One final project is planned for the course. This project will be based on the application of materials from this course. The final project will
One final project is planned for the course. This project will be based on the application of materials from this course. The
final project will be completed individually. The final project will require you to identify a product of your choice in
which you will analyze all its messages including advertisements, packaging, availability, pricing, etc. so that you can
better understand the buying process. Specifically, how do consumers recognize a problem, search for information,
evaluate alternatives, make a decision, and what do they do after they buy ie How do they determine satisfaction?
How do they get rid of the product? Etc. What outside influences exist ie groups, contexts, social, family or
household, etc.
After selecting your product, now select competing products that are similar, however, provided by different companies.
The project will compare the two competing products from the same product class. In outline format compare the
products with approximately pages pt font single space
Product category campaigns
Choose a product NO products from Starbucks, Pepsi, Coke, McDonalds, Subway, Microsoft, or Apple
Areas that need to be addressed with your product and comparing products are the following:
Background information on productbrand category
Product category description
Size of the market
Pricing
How distributed
Media and promotions used
Marketing strategy of that brand in terms of:
Target markets
Product positioning
Promotional strategy and tactics
Pricing strategy and tactics
Distribution strategy and tactics
Interview in depth people who have purchased and used the selected productbrand in the past months and obtain the
following:
Describe the process that led to the consumerschoice of the brand...cite commonalities of response to
marketing strategies and tactics.
Assess the consumers satisfactiondissatisfaction with
o the prepurchase experience
o the purchase experience
o the usage experience
o the service experience
Who is the consumer; select your Target Market based on collected information?
Income
Social class
Ethnicity
Age
Cultural influence
How does this product and advertisement tie into the consumer's behavior?
Perceptions
Memory queues
Motivation to purchase
Personality and lifestyle
Attitudes
Who makes the decisions on this product?
Describe the standard steps in the decisionmaking process and what factors influence these steps
o Individual or group
o User different from buyer
o How will the product be disposed of
o Etc.
How is the consumer motivated to purchase product?
Information search used
Problem recognition
What would you do differently?
The positioning strategy
Product redesign, modifications, or elimination
Pricing strategy and tactics
Distribution strategy and tactics
Promotion strategy and tactics
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