Free Essay

Week-3 Marketing Influences

In:

Submitted By MikeYu
Words 1081
Pages 5
Week-3 Marketing Influences
Marketing Influences on Consumer Decision Making

Marketing Influences on Consumer Decision Making
As we known, many marketing influences efficiently impact the consumers’ decision making process. Many managers are focusing on these marketing influences in order to create a positive effect to their customers. These influences involve product influences, price influences, distribution influences, and promotional influences. In this paper, I will use my personal purchase experience to describe how important these marketing influences are. “Beautiful Life” is one of my favorite restaurants. The reason I love it is not only because they are successfully using marketing influences to affect their customers and making a considerable profit, but also they given me a good impression. In other words, they successful impacted me. It could say “Beautiful Life” is a paragon of using marketing influences to impact their consumers’ decision making process.
First of all, “Beautiful Life” restaurant very care about their product influences. As a restaurant, cuisine is their main product. “Beautiful Life” select high-end strategy. Their cuisine is traditional Chinese food dishes. Compare with many fast-food Chinese restaurants who care about the speed and quantity of preparing a dishes, “Beautiful Life” carefully prepare every dishes. They paid high salary to hire many high-level experienced chefs and select the best food materials, by this way to prepare the most delicious dishes. Furthermore, their cuisine not only tastes good, but also has beautiful appearance. This is also meet the traditional high-level Chinese cuisine’s requirement, which is the dishes should have pleasant taste, seductive fragrance, and a beautiful appearance. “Beautiful Life” did all these thing is going to increase their cuisine’s quality and product influences. From a customer point of view, my first impression of “Beautiful Life” restaurant was that their dishes are fantastic. Every dishes that they provide, is amazing. These traditional Chinese cuisine were made like artworks, they are not only have good tastes, but also their appearance is beautiful. The reason why I start to love “Beautiful Life” restaurant is that their product influences have a good effect on me.
Secondly, about price influences, “Beautiful Life” restaurant has their own understanding. They don’t think the price the lower the better, low price strategy is not fit for them. Instead of this, the restaurant let the customer believe they deserve the high price. “Beautiful Life” not focus on low price strategy, conversely, their price is absolutely much higher than average level in local restaurant industry. This is also decided by their high-end strategy. As a ritzy restaurant, their pricing strategy is also involving in high-end strategy. Their main target customer is not working-class’ potluck, but rather it is the high income groups and some business banquets. These kind of customers not very care about low price, conversely they maybe prefer a high price high quality consumption. Especially, as for some customers who want to hold business banquets, high price consumption give them a chance to show their sincerity and economic strength. As a frequenter of “Beautiful Life”, I believe the restaurant deserve the high price, because their cuisine and services are really good, I got what I paid. From my opinion, I think “Beautiful Life” restaurant successful using high price strategy as their price influences.
Thirdly, the founder of “Beautiful Life” also paid attention on restaurant’s distribution influences. The restaurant is locate in the north of the city, which it has a number of considerations about distribution influences. The primary consideration is that most native rich people are concentrate on north of the city. The restaurant’s main customer is the rich. And also, northern city has low population densities, which means the restaurant could build a large parking lot. This is an important advantage, which often be ignored by many other ritzy restaurants, because the rich usually drive, and many city center’s restaurants are losing customers because they can’t provide enough parking zone. The founder of “Beautiful Life” obviously made a clever decision. Furthermore, the restaurant close to a forest park, which means the surrounding is very beautiful. All of my family members very love this exquisite environment and fresh air. The first time I went there is because my father said it is a good place, where all the customers could close to beautiful nature meanwhile enjoy the best food. Many of my friend and I are fan of this feeling, and I think it’s an important reason of why the restaurant is so popular. All these advantages are benefit from restaurant’s distribution influences.
About promotional influences, “Beautiful Life Restaurant” also has a successful experience, which is the restaurant established a membership system, like an airline company. The more a customer spend in restaurant, the higher level membership the customer will be. And “Beautiful Life” also accept deposit, the customer can deposit some money in their “VIP membership card” and become high level member directly. The deposit in “VIP membership card” could be used to pay the bill. From my own experiences, I am really drawn into their membership system, that I joined the membership when I second time went there. Because they said with the level of membership increasing, I will get better treatment and more convenience. Such as before the meals, the restaurant will present lemon or green tea mouthwashes, hands towels; during meals, they provide some free soup, beer soda and other drinks; after the meals, they will also present fruit plate, chewing gum etc. Furthermore, the high level membership could reserve a place by phone call, which is very appealing to me. I can order the dishes before I went there, and when I arrive, the dishes is already done, don’t need to wait. Membership system makes me enjoy the restaurant like in my own home. It could say, “Beautiful Life” restaurant did everything possible to increase the promotional influences.
“Beautiful Life Restaurant” successfully using many marketing influences impact the consumers’ decision making process, such as my personal experiences. They carefully prepare every dishes, using fantastic cuisine as their product influence. Their “high price is equal to high quality” opinion is also a wonderful price influence. Then, selection of the restaurant position also constitute a successful distribution influence. And their mature and perfect membership system, like an airline company’s promotional influence, is also an attractive idea which won a lot of profit and frequenter for the restaurant. From my example, we can see that correctly using marketing influences is a basic skill for a successful manager.

Similar Documents

Premium Essay

Japan to Apple’s Iphone: “No Thanks!”

... | | |College of Social Sciences | | |PSY/322 Version 2 | | |Consumer Psychology and Research | Copyright © 2010, 2009, 2008 by University of Phoenix. All rights reserved. Course Description This course focuses on consumer behavior and marketing research. Topics include the cognitive processes underlying consumer choice, descriptive consumer characteristics, and environmental consumer behavior. This course emphasizes the implications of consumer behavior on domestic and global marketing communications. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged into the student website to view this document. • Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your...

Words: 1533 - Pages: 7

Premium Essay

Mkt 435 Rank Pride in Excellence/Mkt435Rankdotcom

...VISIT www.mkt435rank.com MKT 435 Week 1 Consumer Behavior and Marketing Paper MKT 435 Week 2 Porsche Case Study MKT 435 Week 3 Part I Consumer Behavior and Marketing Strategy MKT 435 Week 3 How Attitudes are Influenced MKT 435 Week 4 Part II Consumer and Behavior Marketing Strategy MKT 435 Week 4 Examine a Communication Tool MKT 435 Week 5 Final Consumer Behavior and Marketing Strategy MKT 435 Week 5 Consumer Decision Making Process Analysis --------------------------------------------------------------------------------------- MKT 435 Week 1 Consumer Behavior and Marketing Paper FOR MORE CLASSES VISIT www.mkt435rank.com Choose a company with which you are familiar. Prepare a 1,050- to 1,400-word paper in which the interrelationship between consumer behavior and marketing is discussed. Find three specific examples of the company’s marketing strategy and its relationship with consumer behavior. Examples may include mission/value statements, print advertising, website content, press releases, among others. Using these examples, what is your opinion of how the company uses the understanding of consumer behavior to create and implement its marketing strategy? Discuss each example you found using specific information. Include a screenshot or copy of the marketing pieces you examined. Format the paper consistent with APA standards. --------------------------------------------------------------------------- MKT 435 Week 2 Porsche Case Study FOR MORE CLASSES...

Words: 1034 - Pages: 5

Premium Essay

Mgt 496 Week 5 Dq 2 Warehousing Aims Ideals

... PSY-322 Week 1 DQs.doc PSY-322 Week 1 Individual Assignment Consumer Psychology and Marketing Communication Article.doc PSY-322 Week 2 DQs.doc PSY-322 Week 2 Individual Assignment Marketing Communications Memo.doc PSY-322 Week 2 Learning Team Assignment Consumer Traits and Behaviors Paper and Presentation References.doc PSY-322 Week 3 DQs.doc PSY-322 Week 3 Individual Assignment Marketing Research and Promotional Message.doc PSY-322 Week 3 Learning Team Assignment Consumer Traits and Behaviors Paper and Presentation Formal Outline.doc PSY-322 Week 4 DQs.doc PSY-322 Week 4 Individual Assignment Environmental and Consumer Influences Analysis Paper.doc PSY-322 Week 5 Consumer Traits and Behaviors Paper and Presentation.pptx PSY-322 Week 5 DQ 2.doc PSY-322 Week 5 DQ1.doc PSY-322 Week 5 Individual Assignment Case Study.doc PSY-322 Week 5 Learning Team Assignment Consumer Traits and Behaviors Paper and Presentation.doc Psychology - General Psychology PSY 322 Week 1 Individual Consumer Psychology and Marketing Communications Article Analysis PSY 322 Week 2 Individual Marketing Communications Memo PSY 322 Week 2 Learning Team Consumer Traits and Behaviors Paper and Presentation References PSY 322 Week 3 Individual Marketing Research and Promotional Message PSY 322 Week 3 Learning Team Consumer Traits and Behaviors Paper and Presentation Formal Outline PSY 322 Week 4 Individual Environmental...

Words: 339 - Pages: 2

Premium Essay

Marketing 571

... |SYLLABUS | | |School of Business | | |MKT/571 | | |Marketing | | |Murrieta Learning Center | Copyright © 2011, 2010, 2009, 2008 by University of Phoenix. All rights reserved. Course Description This course prepares students to apply marketing concepts to create and sustain customer value. Students learn to solve marketing problems in a collaborative environment. Topics include market research, customer relationships, branding, market segmentation, product development, pricing, channels, communications, and public relations. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged into the student website to view this document. • Instructor policies: This document is posted in the...

Words: 2738 - Pages: 11

Premium Essay

Syllabus

...Syllabus | | | | | |School of Business | | |MKT/571 Version 6 | | |Marketing | Copyright © 2011, 2010, 2009, 2008 by University of Phoenix. All rights reserved. Course Description This course prepares students to apply marketing concepts to create and sustain customer value. Students learn to solve marketing problems in a collaborative environment. Topics include market research, customer relationships, branding, market segmentation, product development, pricing, channels, communications, and public relations. Students may find it beneficial to refer to concepts learned in Economics. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged into the student website to view this document. • Instructor policies: This document is posted in the...

Words: 2796 - Pages: 12

Premium Essay

A Research Proposal on the Impact of Marketing in Consumer Behavior in Apple Mobile Phone in Uk.

...A research proposal on The impact of marketing In Consumer Behavior in Apple mobile phone in UK. Course work B Name: SID: WORD COUNT: Name: SID: WORD COUNT: Contents 1.0 Introduction 3 1.1 Research aim and objectives 3 1.2 Research Questions 4 2.0 Literature Review 4 2.1 Marketing Strategy 4 2.2 Marketing Plan 4 2.3 Marketing Mix 5 2.4 Differentiation and Segmentation of market 6 2.5 Generic strategy 6 2.6 Skimming and Penetration 7 2.7 Consumer Behavior 7 2.8 Theoretical Framework 8 3.0 Research Methodology 8 3.1 Framework-Attitude Theory 8 3.2 Research Approach 9 3.3 Data Collection 9 3.4 Sampling Techniques 9 3.5 Accessibility Issues 10 3.6 Ethical Consideration 10 3.7 Data Analysis 10 3.8 Limitations of the Study 11 4.0 Timetables 12 References 13 1.0 Introduction Marketing has a large influence over the consumer buying patterns as marketing motivate people to buy their product so that they can do business. Marketing identify the target market and the potential customer of that target market. It is a key source for customer acquirement as the consumer are whom generate profit for the organization. Apple follow a competitive marketing strategy as they hold a large market share in the world’s mobile phone. Apple become a giant in household technology because of their unique marketing strategy. Apple Inc. follow exclusivity technique in its marketing strategy which make them the giant in mobile phone industry...

Words: 2890 - Pages: 12

Free Essay

Let1 Task 3

...LET1 Task 3 The five bases of power are defined as the following. Legitimate power is the ability to influence the behavior of another person based on the title or position held in an organization or hierarchy. Reward power is the ability to influence the behavior of another person based on giving rewards or benefits that others view as desirable or valuable. Coercive power is the ability to influence the behavior of another person based on being able to harm or punish the person. Expert power is the ability to influence the behavior of another person based on knowledge or qualifications held that another person does not have. Referent power is the ability to influence the behavior of another person based on having a desirable character or other personal traits. In the given scenario the Legitimate Power is described in the relationship between the Marketing Manager and Employee 1. The Marketing Manager is the boss of the department that Employee 1 is a part of. The Market Manager also has Reward and Coercive Power over Employee 1. Employee 1 performs his job and stays for longer than 40 hours per week in order to receive a high performance rating from the Marketing Manager. The high performance rating allows Employee 1 to receive a bonus. The Marketing Manager also has Coercive Power in the relationship with Employee 1. If Employee 1 does not receive the bonus, Employee 1 will not be able to afford the vacation that Employee 1 wishes to take. In the given scenario Employee...

Words: 610 - Pages: 3

Premium Essay

Consumer Behaviour

...Principles of Marketing Co-requisite Courses: Post-requisite Courses: e-mail: nabeel.nisar@iba-suk.edu.pk Office Hours: 9 AM-5 PM Consulting Hours: Monday 11:00 AM-1:00 PM & Wednesday 11:00 AM-1:00 PM (kindly confirm your schedule via email for these days) Office Location: Room No: 102 Block II EVALUATION 1. Group Project 2. Individual Project 01 3. Individual Project 02 4. First Term 5. Second Term 6. Final Examination 15 % 10 % 05 % 15 % 15 % 40 % RECOMMENDED BOOKS: Publisher Name & Edition S.No Book Name Author/s Name 1. Consumer Behavior Schiffman and Leslie Lazer Pearson Education REFERENCE BOOKS: 1. Consumer Behavior: Soloman, M Buying, Having and Being Prentice Hall 2. Consumer Behavior: Managerial Perspective Shelth, J. and Mittal, B Thomson-South Western 3. Consumer Behavior Eagle, Blackwell and Miniard Thomson-South Western A Official Course Outline Template Page 1 of 13 DIGITAL & WEB RESOURCES: http://iradio.oum.edu.my/icast/fbm/learning_segment/?p=archive&cat=bbgp_4103_consumer_behavior http://builderradio.com/blog/?p=678 http://www.london.edu/videoandaudio/facultyandresearch/ http://www.consumerpsychologist.com/ http://www.google.com/think/ http://dstevenwhite.com COURSE DESCRIPTION: Advancement of technology, access towards internet, and globalizations have resulted in well informed generation of consumers, hence, putting massive influence on businesses...

Words: 3832 - Pages: 16

Free Essay

Business and Management

...Do Display Ads Influence Search? Attribution and Dynamics in Online Advertising Pavel Kireyev Koen Pauwels Sunil Gupta Working Paper 13-070 February 9, 2013 Copyright © 2013 by Pavel Kireyev, Koen Pauwels, and Sunil Gupta Working papers are in draft form. This working paper is distributed for purposes of comment and discussion only. It may not be reproduced without permission of the copyright holder. Copies of working papers are available from the author.         Do Display Ads Influence Search?  Attribution and Dynamics in Online Advertising    Pavel Kireyev   Koen Pauwels  Sunil Gupta1    February 9, 2013                                                                    Pavel Kireyev is a Ph.D. student and Sunil Gupta is the Edward Carter Professor of Business Administration at the  Harvard Business School, and Koen Pauwels is Professor at Ozyegin University, Istanbul, Turkey.  1 Do Display Ads Influence Search?  Attribution and Dynamics in Online Advertising  Abstract  As firms increasingly rely on online media to acquire consumers, marketing managers  feel comfortable justifying higher online marketing spend by referring to online metrics such as  click‐through rate (CTR) and cost per acquisition (CPA). However, these standard online  advertising metrics are plagued with attribution problems and do not account for dynamics.  These issues can easily lead firms to overspend on some actions and thus waste money, and/or  underspend in others, leaving money on the table...

Words: 8156 - Pages: 33

Premium Essay

Weekly Questions

...Week 1 Weekly Questions 1. In your own words, define marketing. Marketing is the process of selling and obtaining products and services through social activities. 2. Give some example of marketing activities that you see out in the “real world”. For example, Coles sells food and necessity to people. The shop of Clinique provides some cosmetics to the women. Central market sells lots of fruits to people. 3. Explain the ‘marketing philosophy’. What is the difference between the ‘marketing philosophy’ and a ‘market orientation’? Marketing philosophy: a) Production concept----focus on manufacturing efficiency b) Product Concept----focus on quality - as the firm sees it c) Selling Concept----focus on ‘just sell it’ d) Marketing Concept----achieving goals depends on knowing needs and fulfilling them e) Societal Marketing Concept----is serving individual wants what’s best in the long run Marketing orientation is to know the demand and need of customers and create customer value from the information. Marketing concept is an attitude to customer, companies focus on what customers need and understand customers deeply and create the products customers want. 4. Discuss the new marketing challenges in the 21st century as per chapter 1.s a) Growth of non-profit marketing b) Rapid globalisation c) IT & Electronic marketing d) Changing world economy e) Ethics and social...

Words: 4117 - Pages: 17

Premium Essay

Project Work

...BEHAVIOR INFLUENCE ON DETERGENT POWDER IN RURAL MARKET BY DIFFERENT AGE GROUP Dr. B.Chandra Mohan Patnaik Associate professor , School of management , KIIT university, Bhuvneshwar, Odisha Deepak Kumar Singh Ph.D Research Scholar, School of management, KIIT University Bhuvneshwar, Odisha Mr. Prakash Kumar Pradhan Ph.D Research Scholar , School of management, KIIT University Bhuvneshwar, Odisha. ABSTRACT India is the most populous country in the world. India is the country of villages. Nearly 75 percent Indians resides in villages. Rural India represents the whole nation in tradition, conventions, rituals and beliefs of the people in all. This is the main reason driving force for rural marketing. The markets are now concentrating heavily on high potential rural markets. As the urban markets are reaching to the saturation point in terms of market growth, the markets are reaching the rural markets to sustain in the highly competitive market. Heavy demand for goods and services in the rural areas is the main reason for the growth in rural markets. Different marketing strategies have been adopted by the firms to capitalize the demand. Rural India consumes more products than the urban India. Different income group consumers of different age group purchases various brands as per their preferences. Overall the marketer should understand the customer before taking up the road to the rural market. The purpose of this paper is to investigate the influence of rural consumer based on different...

Words: 2643 - Pages: 11

Premium Essay

Mkt 441

...[pic] John Sperling School of Business Course Design Guide MKT/421 Version 10 Marketing Copyright Copyright © 2009, 2008, 2005, 2004, 2003, 2001 by University of Phoenix. All rights reserved. University of Phoenix® is a registered trademark of Apollo Group, Inc. in the United States and/or other countries. Microsoft®, Windows®, and Windows NT® are registered trademarks of Microsoft Corporation in the United States and/or other countries. All other company and product names are trademarks or registered trademarks of their respective companies. Use of these marks is not intended to imply endorsement, sponsorship, or affiliation. Edited in accordance with University of Phoenix® editorial standards and practices. Course Syllabus |Course Prefix and Number: |MKT 421 | |Credits: |3 | |Course Title: |Basic Marketing | |Course Schedule: |March 10, 2010 – April 07, 2010 | |Course Location/Times/Newsgroup: ...

Words: 6431 - Pages: 26

Premium Essay

Work on Stats

...Title – Principles of Marketing Module Code - 4BUS1010 Academic Year - 2012/13 Semester - A Module Leader – Caroline Wilson Contents: 1. Contact details for the module leader (and teaching team) Name | Room | Phone extension | E mail address | Drop in & feedback sessions | Caroline Wilson | M230 | | c.wilson4@herts.ac.uk | Mon 10-11 am & Tues 11am -12pm | Hamad Khan | M218 | 2791 | m.khan42@herts.ac.uk | tba | Grace He | M218 | 2791 | p.he1@herts.ac.uk | tba | Neil Brooks | M218 | 2791 | | tba | Jonathan Cahill | M218 | 2791 | | tba | Maria Thomas | M249 | | m.thomas@herts.ac.uk | tba | Sarah Jayne Hill | M218 | 2791 | | | 2. Module aims This initial marketing module, which assumes no prior knowledge of marketing, aims to introduce students to some of the key ideas of marketing and is suitable for both marketing and non-marketing students. It examines the environment within which organisations operate and the role of marketing within the organisation in order for students to be fully able to understand the context within which marketing personnel work, and the different activities which are carried out under the umbrella term of ‘marketing’. Concepts central to an understanding of marketing are considered: 4 P’s (product, price, promotion and place), segmentation, targeting and positioning, services marketing and buyer behaviour. * Develop a basic understanding of the key concepts of marketing; & * Understand...

Words: 6577 - Pages: 27

Premium Essay

Bus 606 Entire Course Global Comparative Management

...HOMEWORKLANCE.COM For Any Other Inquiry Feel Free To Contact Us: Lancehomework@gmail.com BUS 606 Entire Course Global Comparative Management BUS 606 Week 1 DQ 1 Global Leadership Global Leadership. Identify three leadership challenges in a global world. Support your answers with examples and/or professional experience. Discuss how you would develop a global mindset in five central areas: General perspective Organizational life Work style View of change Learning. Respond to at least two of your classmates’ postings. BUS 606 Week 1 DQ 2 Globalization Globalization. Discuss advantages and disadvantages of globalization. How has globalization affected cultures and cultural identities? Respond to at least two of your classmates’ postings. BUS 606 Week 1 Globalization and Cultures Globalization and Cultures. In a 3-5 page, APA style paper, complete an article review. Your article should come from one of the Ashford online library resources. Your article should cover one or more of the following topics that were introduced in your readings: the impact of globalization cultural differences leadership challenges in a global market the importance of cultural competence Support your analysis with what you have learned from the course text, in addition to peer-reviewed articles. BUS 606 Week 2 DQ 1 Cultural Orientation Model Cultural Orientation Model. Define cultural orientation model and describe how you would apply cultural orientation model...

Words: 1409 - Pages: 6

Premium Essay

Report

...Snow | Table of Contents Introduction 1 Data Analysis 1 Discussion 2 Conclusion 3 Recommendation 3 Introduction Hammer Wines is introducing a Mobile App to retail outlets, enabling fruit juices to be dispatched from smartphones. This will help the entity to reduce its paperwork and also improve Hammer Wines’ service quality for order deliveries. In order to promote this new Mobile App to current customers and encourage for the app to be downloaded, emails have been sent informing them of the added incentives that will be provided upon downloading the application. The sales promotion has been planned over a 5 week period. During this time, the apple and grapefruit juices have been advertised through the use of email/texts to current customers, while the orange and mandarin juices were advertised via the smartphone app. This variation in promoting methods helps to explore the impact of the Mobile App and unique use it has on sales performances during the 5 week campaign. The purpose of this report is to discuss the advantages of implementing a Mobile App at Hammer Wines and to discover the overall influence it may have on sales performances of fruit juices. Data Analysis Apple and grapefruit juices were advertised through the email/text marketing strategy, while the orange and mandarin juices were promoted via the new Mobile App. Over the 5 weeks, total sales figures for the apple juices have increased significantly. The selling performance of...

Words: 891 - Pages: 4