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 EDUCATION SOLUTIONS INTERNATIONAL HND BUSINESS UNIT 17 Marketing Intelligence

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  • EDUCATION SOLUTIONS

    INTERNATIONAL

    HND BUSINESS

    UNIT 17

    Marketing Intelligence

  • Assessor's comments

    Qualification QCF Level 5- HND Business Assessor name

    Unit number and

    title 17- Marketing Intelligence Learner name

    Assignment title PURCHASE DECISION MAKING AND BUYER BEHAVIOR INFLUENCES

    Assessment Criteria Achieved?

    AC 1.1: describe the main stages of the purchase decision making process

    AC 1.2: explain theories of buyer behaviour in terms of individuals and markets

    AC 1.3: explain the factors that affect buyer behaviour

    AC 1.4: evaluate the relationship between brand loyalty, corporate image and repeat purchasing

    AC 2.1: evaluate different types of market research techniques

    AC 2.2: use sources of secondary data to achieve marketing research objectives

    AC 2.3: assess the validity and reliability of market research findings

    AC 2.4: prepare a marketing research plan to obtain information in a given situation

    AC 3.1: assess market size trends within a given market

    AC 3.2: plan and carry out a competitor analysis for a given organisation

    AC 3.3: evaluate an organisations opportunities and threats for a given product or service

    AC 4.1: evaluate techniques of assessing customer response

    AC 4.2: design and complete a customer satisfaction survey

    AC 4.3: review the success of a completed survey

    Grading Criteria Achieved?

    M1 Identify and apply strategies to find appropriate solutions

    M2 A range of information sources used and proper citation given

    M3 Present and communicate appropriate findings

    D1 Use critical reflection to evaluate own work and justify valid conclusions

    D2 Work submitted on time, demonstrates that all work related activities were well planned, managed

    and organized

    D3 Demonstrated convergent, lateral and creative thinking while making recommendations and

    suggestions

    Assessor feedback & Action Plan

    Learners Feedback

    Assessor signature Date

    Learner signature Date

  • Assignment Cover sheet

    Learners Name:

    Assessor:

    Date Issue: Completion Date:

    Submitted On:

    Qualification: QCF Level 5 HND Business Unit No & Title: 17- Marketing Intelligence

    Assignment Title PURCHASE DECISION MAKING AND BUYER BEHAVIOUR INFLUENCES

    In this assessment you will have opportunities to provide evidence against the following criteria. Indicate the page numbers where

    the evidence can be found. Attach work where needed.

    Assessment Criteria To achieve the criteria the evidence must show that the

    student is able to:

    Task no. Evidence

    AC 1.1

    Description of your buying decision making process for the

    purchase of sunglasses need recognition, information search,

    alternative evaluation, purchase decision, post purchase

    evaluation

    Scenerio 1:

    Task 2

    AC 1.2 Theory application influence on buyer behavior, diffusion theory, stimulus response model, decision making unit etc

    Scenerio 1:

    Task 3

    AC 1.3 The concept of branding, what is the relationship between

    brand loyalty, brand image and repeat purchase Scenerio 1:

    Task 4

    AC 4.2,3.1, 3.2, 3.3

    Marketing research plan: what is the market size, growth and

    trends in telecom industry, Competitors analysis :

    opportunities & threats and how can they improve.

    Scenerio 2:

    Task 1

    AC 4.1 Techniques to assess consumers response: post sale surveys, complaint handling system, customer follow up etc

    Scenerio 2:

    Task 1

    AC 4.2, 4.3 Survey form/Questionnaire, compiled results, tables, graphs

    and interpretations.

    Scenerio 2:

    Task 1

    AC 2.1, 2.2, 2.3

    Marketing research techniques: stages of marketing research

    process, use of qualitative and quantitative methods, value and

    interpretation of data, assessment of researchs reliability.

    Action Plan: calendars, Gantt charts, to do lists etc

    Scenerio 2:

    Task 1

    Learner declaration

    I certify that the work submitted for this assignment is my own and research sources are fully acknowledged.

    Learner signature: Date:

  • Assignment Briefs

    UNIT TITLE UNIT 17- MARKETING INTELLIGENCE

    QUALIFICATION QCF LEVEL 5: HIGHER NATIONAL DIPLOMA HND BUSINESS

    START DATE

    DEADLINE

    ASSESSOR

    ASSIGNMENT

    TITLE:

    PURCHASE DECISION MAKING AND BUYER BEHAVIOUR INFLUENCES

    THE PURPOSE OF THIS ASSIGNMENT IS TO ENABLE YOU TO UNDERSTAND THE PURCHASE

    DECISION-MAKING PROCESS AND TO RECOGNIZE THE VARIABLES AND SITUATIONS THAT

    INFLUENCE THE BUYER BEHAVIOR, AND HOW MARKETING RESEARCH TECHNIQUES ARE USED TO

    CONTRIBUTE TO THE DEVELOPMENT OF MARKETING PLANS

    SCENARIO 1

    SUPPOSE YOU WERE ASKED TO PURCHASE A PAIR OF SUNGLASSES FOR YOURSELF. YOU ARE

    GIVEN THE OPTION OF THE FOLLOWING BRANDS: GUCCI, FENDI, PRADA, RAY-BAN, GUESS

    TASK 1: WHICH BRAND WOULD YOU PURCHASE AS YOUR FIRST CHOICE, AND WHICH WOULD BE

    YOUR SECOND PREFERENCE

    TASK 2: IDENTIFY AND APPLY DIFFERENT TAUGHT THEORIES TO DESCRIBE THE MAIN STAGES

    IN YOUR PURCHASE DECISION MAKING PROCESS FOR THAT PARTICULAR BRAND OF

    SUNGLASSES. PROVIDES EVIDENCE FOR: AC 1.1, M1

    TASK 3: IDENTIFY AND EXPLAIN DIFFERENT TAUGHT APPROACHES AND THEORIES OF BUYER

    BEHAVIOR, AND JUSTIFY TO EXPLAIN THE FACTORS THAT AFFECTED YOUR BUYING BEHAVIOR

    TOWARDS THE PARTICULAR BRAND. PROVIDES EVIDENCE FOR: AC 1.2, 1.3, M1, D1

    TASK 3: REFERRING TO YOUR BUYING EXPERIENCE AND YOUR REASONS FOR CHOOSING THAT

    CERTAIN BRAND OF SUNGLASSES, EVALUATE THE RELATIONSHIP BETWEEN BRAND LOYALTY,

    CORPORATE IMAGE AND REPEAT PURCHASING, WITH LOGICAL AND COHERENT ARGUMENTS. PROVIDES EVIDENCE FOR: AC 1.4, M3

    SCENARIO 2

    THE LARGEST TELECOM COMPANIES IN PAKISTAN INCLUDE:

    - UFONE - TELENOR - MOBILINK -

    IT HAS BEEN WITNESSED IN THE LAST COUPLE OF YEARS THAT THE CONSUMERS SWITCH VERY

    QUICKLY FROM ONE BRAND TO THE OTHER OR FROM ON PACKAGE TO THE OTHER IN THE

    TELECOM MARKET.

    TASK 1: YOU ARE REQUIRED TO PROPOSE AND PREPARE A MARKETING RESEARCH PLAN TO

    OBTAIN THE FOLLOWING INFORMATION: PROVIDES EVIDENCE FOR: AC 2.4

    - IDENTIFY AND ASSESS CURRENT MARKET SIZE GROWTH AND TRENDS WITHIN THE TELECOM INDUSTRY KEEPING IN MIND THE VARIOUS OPTIONS AVAILABLE TO THE

    CONSUMERS. PROVIDES EVIDENCE FOR: AC 3.1

  • - PLAN AND CARRY OUT A COMPETITOR ANALYSIS FOR MOBILINK AGAINST TELENOR AND UFONE, ALONGWITH HIGHLIGHTING THE OPPORTUNITIES AND THREATS THAT

    MOBILINK IS FACING. YOU MUST PROPOSE REALISTIC IMPROVEMENTS IN VIEW OF YOUR

    ANALYSIS OF THE THREATS AND OPPORTUNITIES AVAILABLE TO MOBILINK. PROVIDES EVIDENCE FOR: AC 3.2, 3.3, D1

    - IDENTIFY, EVALUATE, SELECT AND DESIGN DIFFERENT TECHNIQUES YOU MAY USE TO ASSESS CUSTOMER RESPONSE FOR ONE OF MOBILINKS PRODUCTS

    PROVIDES EVIDENCE FOR: AC 4.1, M2

    - DESIGN AND COMPLETE A CUSTOMER SATISFACTION SURVEY FROM A SAMPLE OF AT LEAST 20 USERS OF MOBILINK SERVICES, AND TABULATE AND PRESENT THEIR RESULTS. REVIEW THE

    SUCCESS OF THE COMPLETED SURVEY. YOU CAN VISIT www.surveymonkey.com TO CONDUCT AN

    ONLINE SURVEY.

    PROVIDES EVIDENCE FOR: AC 4.2, 4.3

    INFORMATION & RESEARCH FOR THE MARKETING PLAN: IN ORDER TO CARRY OUT THE MARKETING PLAN, YOU MUST:

    - REVIEW AND EVALUATE DIFFERENT TYPES OF MARKET RESEARCH TECHNIQUES PROVIDES EVIDENCE FOR: AC 2.1

    - - IDENTIFY AND USE SOURCES OF SECONDARY DATA IN TWO MARKETING CONTEXTS

    (COULD BE FOR 2 DIFFERENCE PRODUCTS OF MOBILINK) TO ACHIEVE MARKETING

    RESEARCH OBJECTIVES PROVIDES EVIDENCE FOR: AC 2.2

    - ASSESS THE VALIDITY AND RELIABILITY OF MARKET RESEARCH FINDINGS, AND GIVE YOUR OWN IDEAS AND CREATIVITY TO PROVIDE RESOLUTION FOR THE PROBLEMS

    IDENTIFIED PROVIDES EVIDENCE FOR: AC 2.3, D3

    - YOU MUST BE ABLE TO PRESENT ACTION PLANS FOR ACTIVITIES REQUIRED TO CARRY OUT THE MARKETING PLAN IN THE FORM OF TABLE, GANTT CHARTS, ETC TO ILLUSTRATE THAT YOU HAVE

    MANAGED AND PLANNED ACTIVITIES WITH AUTONOMY AND INDEPENDENCE.

    PROVIDES EVIDENCE FOR: D2

    THIS BRIEF HAS BEEN VERIFIED AS BEING FIT FOR PURPOSE

    ASSESSOR

    SIGNATURE DATE

    INTERNAL VERIFIER

    SIGNATURE DATE