SOPs
Takeways
Reflected Glory
Observational Marketing
- - - - - - - - - - - -
- - - - - -
Review of Marketing Concepts
4pP's
- 6E's VIDEO
(noted
Discussion 4P's # 1
help "Sources
of Info"
The
4P's
noted
PEST
- 6E's
noted
Jan 18 Thu Class
Political
Economic
Social-Cultural
Technological
+
Competition
Geography/Weather
--------------------------------------
Introduction
What is CB and Why Should
I Care?
Value and the Consumer Behaviour
Value Framework
--------------------------------------
Sources
of Information
did
Jan 18
Government
Associations
Corporate
----------------------------------
Review
of Marketing
Opportunities
The
Ansoff Matrix
o Market Penetration
o Market Development
o Product Development
o Diversification
------------------------------------
Things
to be convincing
noted
Jan 18 Thu class
noted
Jan 19 Fri class
------------------------------------
First Mover Strategies
noted
Jan 25 Thu Class
"early bird gets the worm"
versus
"second mouse gets the cheese"
YouTube video - Part 1
Richardson and Litt
watch
on your own
noted
Jan 25 Thu Class
YouTube video - Part 2
Prof. Steve Litt
-------------------------------------
"..set of value seeking activities
that take place as people go about addressing needs"
Consumer Behaviour - a new
field
Consumer Behaviour in
"Emerging Markets"
China
India
Africa
Psychology / Neuroscience
Consumers treated badly
- passport office
- college registrar
- hospital emergency
understanding competition
3 Orientations p. 8.
YouTube
Video (the Omega Watch)
o Product Orientation
o Sales Orientation
o Marketing Orientation
review from MRK106
did
Jan 18
touchpoints
p. 9
Marketing
Strategy p. 9
Goal
is to Survive, not necessarily "Win"
Innovation
p. 11
Observational
Marketing
Ergonomics
Functional
Design
Humanistic
Design
o Samsung
Edge phone
o iPhone
better camera
Interpretive
Research
Quantitative
Research
Qualitative
Research
advantages
and disadvantages
Data
Driven
Data
Analtics
...data-analytics-big-data.htm
.
CVF
Consumer Value Framework
discussed
Feb 1 Thu Class
discussed
Feb 2 Fri Class
Chpt
2 Powerpoint
Hedonic
Value p. 28
did
Feb 1 Thu Class
did
Feb 2 Fri Class
from "Hedonism"
immediate gratification
from "consuming"
- emotional
- subjective
Marketing
Strategy p. 29
did
Feb 1 Thu Class
did
Feb 2 Fri Class
.
Total
Value Concept p. 30-31
------------------------------------
G
O P S T
did
Feb 2 Fri Class
o
Goal
o
Objectives
o
Plans
o
Strategies
o
Tactics
as
taught in BAM101
- Strategies are for doing
Plans
- Carrying out the Plan
leads to accomplishing the Objective
- Achieving Measurable Objectives
means you have reached your Goal
------------------------------------
CLV
and "Velvet Rope"
Customer
Lifetime Value p. 37
did
Feb 1 Thu Class
did
Feb 2 Fri Class
-----------------------------------
Elasticity p.
33
Elastic
Demand
Inelastic
Demand
did
Feb 2 Fri Class
Product Differentiation p.
33
Perceptual Maps
noted
Feb 2 Fri Class
segmentationstudyguide
.com/understanding-perceptual
-maps/perceptual-maps/
a recommended source of
info |
How marketing
and consumer trends drive unusual consequences
did
Feb 2 Fri Class
example:
Bacon Big Mac
equals
Coy-wolves north of
the GTA
discussed
Feb 2 Fri Class
--------------------------------------
Consumer Perception
p. 41
Perception? vs. Reality?
did
Feb 1 Thu Class
WTGR adds Real vs. Digital?
discussed
Feb 1 Thu Class
Exposure, Attention and Comprehension
p. 42
Consumer Perception Process
did
Feb 1 Thu Class
did
Feb 2 Fri Class
o Sensing
o Organizing
o Reacting
Selective Perception
p. 46
Subliminal Persuasion
p. 47
did
Feb 1 Thu Class
did
Feb 2 Fri Class
.
Toyota
Swagger Wagon
minivan
commercial
did
Feb 1 Thu Class
did
Feb 2 Fri Class
JND
p. 48
Just Noticeable Difference
did
Feb 1 Thu Class
did
Feb 2 Fri Class
- how you can notice the
difference between two things
- - - -
- - - - - - - - -
- -
Small
Move, Big Gains
CBC
article
Tim Horton's
McDonald's
small moves are the result
of keen insights
added Feb 7
- - - -
- - - - - - - - -
- -
JMD
p. 49
Just Meaningful Difference
did
Feb 1 Thu Class
did
Feb 2 Fri Class
- what is the smallest difference
that can be created to influence ther consumer
Factors that get attention
p. 52
Text's list
noted
Feb 1 Thu Class
noted
Feb 2 Fri Class
o
Intensity of Stimuli
o
Contrast
o
Movement
o
Surprising Stimuli
o
Size of Stimuli
o
Involvement
Factors that get attention
for Millenials (our MRK513 list)
began
Feb 1 Thu Class
began
Feb 2 Fri Class
o
Unique Sounds (Intel)
o
o
o
o
Case (end of Chpt 3)
Target Stores failure
WTGR's Dot.Com
Failures
briefly
Feb 1 Thu Class
briefly
Feb 2 Fri Class
Comprehension p.
58-59
did
Feb 8 Thu Class
did
Feb 9 Fri Class
-------------------------------------
why saving time is an integral
part of business and marketing
did
------------------------------------
Characteristics of the Message
p. 61
did
Feb 8 Thu Class
did
Feb 9 Fri Class
Intensity
Colour
Font
Numbers
Spacing
Lawyers business cards
versus
Real Estate business cards
Message Source
p. 63
Mel Lastman, Bad Boy
did
Feb 8 Thu Class
did
Feb 9 Fri Class
Geico Caveman commercials
youtube.com..original
did
Feb 8 Thu Class
did
Feb 9 Fri Class
Message Receiver
Physical Limits
Environment Characteristics
Framing
Prospect Theory p.
67
positive, negative
did
Feb 8 Thu Class
did
Feb 9 Fri Class
Timing p.
68
time of day
length of message, seconds
versus minutes
.
Homeostasis p.
80
maintain the same
Self-Improvement p.
81
get better stuff
Motivation
Theory
Maslow's Hierarchy
of Needs
o Safety Needs
o Social Needs
o Personal
Needs
.
Utilitarian
Motivation p. 83
Hedonic
Motivation p. 83
-
personally gratifying
our MRK513 video about
How to Motivate
Millennials
- created 2018 March
- uploaded
2018 Mar 14
- 7 min 22 sec
Consumer
emotions p. 85
Visceral
emotions
(literally
gut feelings)
Mood
p. 87
Measuring
Emotion
PANAS
Positive
affect
Negative
affect
BRANDING
Brand Personality
p. 106-107 in 2nd Ed. text
------------------------------
Marketing Demographics
12 min 42 sec
Video made in 2010 by WTGR
Video made for MRK106 and
MRK200 but applies to MRK513
Demographic Dimensions
.
Psychographics
p.
108-111 Text 2nd Ed.
.
-
Lifestyle Analysis
- Activities
- Interests
- Opinions
- Demographics. |
.
Message Appeal
p. 135-138 Text 2nd Ed.
Kewl
Commercials
Weird
Ads
Sex Appeal
Humour Appeal
Fear Appeal
Violence Appeal
+
Patroitism
Cultural
environment
- marketing to diasporas
Hofstede
page
147 Text 2nd Ed.
,d
marketing
to different
cultures
- "DIASPORA"
- discussed Diaspora
Cultural
environment
did
Mar 8 Thu Class
did
Mar 9 Fri Class
we will discuss how understanding
different cultures is a big part of understanding consumer behaviour..and
we will make our own "in class" video discussing specific things about
specific cultures present in the Canadian market.
.
Microcultures
Income trends and spending
patterns
p.167
2nd Ed. Text
Male Female Segments
World Teen Culture
Gen X
Millennials
p.171
2nd Ed. Text
.
9 min 17 sec
Millennials World Wide
from the Thursday Section
China, Egypt, India, Vietnam,
Philippines, Somalia,
added
2018 April 4th
Millennials World Wide
from the Friday Section
Israel, Canada, India, China
added
2018 March 16th
.
Millennials in China
from James Alofs, MBA (York)
.
1 min 34 sec
Millennials discussing
Millennials
at Seneca in terms of motivating employees, Part 2
added
2020 June 24
Who are Millenials?
did
Feb 1 Thu Class
did
Feb 2 Fri Class
The challenge of understanding,
and motivating, Millenials
Micah
Tyler video
showed
Feb 1 Thu Class
showed
Feb 2 Fri Class
Millenial
Job Interview
2 min 50 sec
added
5pm Feb 2nd
Canadian Population Pyramid
p.171
2nd Ed. Text
Foreign born Canadians
1st, 2nd, 3rd generation
p.175
2nd Ed. Text
Visible Minority Groups
p.177
2nd Ed. Text
Social
Influences
Family
Influences
-
social class
-
reference group
-
opinion leader (bloggers!)
Group and Interpersonal Influence
Group Influence
Groups in
Japanese
culture
Conformity
Peer Pressure
Brand Community
H.O.G.
p. 188 in 2nd Ed. text
Social Media
Social Networks
p. 193 in 2nd Ed. text
..
Guerrilla
Marketing
did
March 23 Fri Class
- Asymmetrical Marketing
- Ambush Marketing
p.198
in 2nd Ed. Text
Emerging
Trends in family structure
p.201
2nd Ed. Text
"Time"
and Consumer Behaviour
Time
Pressure
2 min 42 sec
p.210
2nd Ed. Text
did
March 23 Fri Class
1
min 14 sec
Engaging
the audience by discussing the saving of time
did
March 23 Fri Class
Time
of Year
Time
of Day/Circadian Cycles
Impulsive
shopping
p.216
2nd Ed. Text
|
Brand Loyalty
p. 236-237 in 2nd Ed. text
Marketing Ethics
(discussed in BAM101)
and Consumer Behaviour
o
manipulative marketing practices
o
deceptive advertising
o
corporate scandals
Managing Products and Brands
BRANDING
.
Brand Awareness
Brand Personality
p. 106-107 in 2nd Ed. text
o Brand Recognition
d
o Brand Allegiance
di
o Brand Ambassador
o Brand Equity
o Brand Licensing
Branding Strategies
p.
Private Branding
p. 298
no Frills, Loblaws
Mixed Branding
p. 298
0
Push
versus Pull
did
page
442-443 10th Ed. text
--------------------------------------
Online Buying
e-commerce
d
Benefits
and Limitations
di
--------------------------------------
Redneck Marketing ?
1 min 18 sec
-------------------------------
FINAL
EXAM
|