Cultural Dynamics in Assessing Global Markets Cultural Dynamics is the human made part of human environment – the sum total of knowledge, beliefs, arts, laws, morals, customs and any other capabilities and…
Lecture on Pricing Products: Pricing Considerations Pricing Considerations is the amount of money charged for a product or service. More broadly – Price is the sum of all the values that…
Lecture on Strategic Planning Strategic Planning is the process of developing and maintaining a strategic fit between the organization’s goals and capabilities and its changing marketing opportunities. Strategic planning is…
Lecture on Source, Message and Channel Factors The extent to which the receiver sees the source as knowledgeable and trustworthy to give information. A source characteristic which encompasses similarity, familiarity and likability.…
Establishing Objectives and Budgeting for the Promotional Program The Promotional Program is an essential component to any successful leisure service. Promotion attempts to inform, educate and persuade individuals to participate in various leisure…
Lecture on Creative Strategy Implementation and Evaluation The Advertising Appeal refers to the approach used to attract the attention of the consumers and/or to influence their feelings toward the product, service or…
Lecture on Creative Strategy Planning and Development A Creative Strategy determines what the advertising message will say or communicate. The Creative Tactics determine how the message strategy will be executed. Good creative…
Consumer Learning Consumer Learning is the process by which individuals acquire the purchase and consumption knowledge and experience that they apply to future related behavior. This lecture…
Lecture on Consumer Decision Making consumer purchase behavior may be viewed from three perspectives: the decision making, the experiential, and the behavioral influence. Consumer decision making perspective holds that buying…
Lecture on Consumer Influence and Diffusion of Innovations Consumer Influence is the process by which one person informally influences the actions or attitudes of others. A macro process by which the acceptance of…
Lecture on Social Class and Consumer Behavior Consumer behavior is a hotbed of psychological research, as it ties together issues of communication (advertising and marketing), identity, social status, decision making and mental…
Lecture on Reference Groups and Family Influences Any person/group that serves as a point of comparison for an individual in forming either general values, attitudes, or a specific guide for behavior. Two…