MRKTG302-19B (HAM)
Consumer and Buyer Behaviour
15 Points
Staff
Convenor(s)
Trina Sego
4089
MSB.4.24
To be advised
trina.sego@waikato.ac.nz
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Administrator(s)
Librarian(s)
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Paper Description
The paper provides psychological and social frameworks for analysing and influencing consumer decision-making, such as attitudes, motivations, heuristics, personality traits, and normative influence.
Paper Structure
The paper is presented through lectures, videos, readings, discussions, writings and interactive exercises. Some content will be delivered and learning activities will take place online via Moodle.
Learning Outcomes
Students who successfully complete the course should be able to:
Assessment
Students will develop an understanding of the psychological, cultural and sociological factors that influence purchase and consumption, the methods by which we learn about consumer behaviour, and the implications of consumer behaviour for product design and marketing. The application of marketing concepts requires highly-developed analytical skills; in marketing practice, lessons learned from one industry are frequently applied to very different industries.Thus, students will demonstrate learning through:
- Identifying, defining, comparing and contrasting key concepts in consumer behaviour;
- Generalizing concepts from one consumer behaviour context (e.g., industry) to another (i.e., identify or describe how the concept does and does not apply to a new context);
- Evaluating marketing strategies and tactics in terms of potential effectiveness with a target consumer; and
- Evaluating marketing strategies and tactics in terms of social responsibility.
In addition, students will demonstrate learning through effective oral and written communication, and through effective teamwork. These skills are regularly cited by employers as critical to success in business. Communication and teamwork are critical to bringing ideas to fruition.
Assessment Components
The internal assessment/exam ratio (as stated in the University Calendar) is 100:0. There is no final exam.
Required and Recommended Readings
Required Readings
Solomon, Michael R., R. Russell-Bennett and J. Previte (2019), Consumer Behaviour:Buying, Having, Being, 4th Ed. Melbourne:Pearson. A copy is on reserve at the library. A paperback copy can be purchased from the bookstore. An electronic version is available for purchase as an eText here:http://www.pearsoned.co.nz/9781488615757.
A business case (specific title to be announced) from Harvard Business School Publishing. This case will be made available by download.
Additional materials will be assigned throughout the semester. These materials may include short readings from popular press or from websites and/or videos available online or through the library.
Recommended Readings
Recommendations for additional reading will be made throughout the semester. Any material clearly identified as “recommended” or “optional” will not be tested.
The following works are recommended:
Schwartz, Barry (2016), The paradox of choice. New York:Ecco.
Underhill, Paco (2008), Why we buy: the science of shopping. New York: Simon & Schuster.
Wansink, Brian (2007), Mindless eating: Why we eat more than we think. New York:Bantam.
Online Support
Some course material may be delivered online through Moodle. Scores, course documents, announcements, and resources will be posted in Moodle. Students are advised to check the Moodle coursesite daily. Participation in online learning may replace some scheduled contact time.
Some class meetings will be recorded via Panopto and made available for reviewing by students. This is done as a courtesy to students who want to watch a lecture a second time, and to students who must miss a class meeting due to illness, injury, or a death in the family.
Workload
Each credit point represents approximately 10 hours of study time; this means that 10 hours x 15 points = 150 total learning hours.
According to university policy, 200/300-level 15-point papers should have an average of 3 hours of contact time per week (i.e., the total of class and tutorial meetings). We have room scheduled for 3 hours of lecture/class meeting and 1 hour of tutorial per week. Tutorials will start in Week 3. During some weeks of the term, we will cancel the 3rd hour of lecture with the objective of meeting an average of 3 hours of total contact hours (class + tutorial) per week. Pay attention to announcements in class and on Moodle regarding class meetings and cancellations.
Students are expected to supplement in-class and tutorial learning opportunities with additional preparation hours such as reading, team meetings, project work, studying, and preparation of assignments/assessments.
Linkages to Other Papers
Prerequisite(s)
Prerequisite papers: MKTG151 or MRKTG101
Restriction(s)
Restricted papers: MKTG255, MKTG355, MKTG455 and MRKTG202