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Individual Assignment

This document outlines an individual assignment on consumer behavior. Students are asked to keep a diary of their purchases over a two week period. They should then analyze three regularly purchased products each week, exploring why they chose those products and their satisfaction. At the end, students must pick three key products and identify the major psychological factor, such as peer pressure or learning, that influenced their consumption of each product. The goal is for students to understand the influences and consequences of their purchases and potentially change their purchasing patterns. Students must submit an 8 page maximum paper by December 22nd detailing their analyses.

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69 views1 page

Individual Assignment

This document outlines an individual assignment on consumer behavior. Students are asked to keep a diary of their purchases over a two week period. They should then analyze three regularly purchased products each week, exploring why they chose those products and their satisfaction. At the end, students must pick three key products and identify the major psychological factor, such as peer pressure or learning, that influenced their consumption of each product. The goal is for students to understand the influences and consequences of their purchases and potentially change their purchasing patterns. Students must submit an 8 page maximum paper by December 22nd detailing their analyses.

Uploaded by

bba22090030
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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INDIVIDUAL ASSIGNMENT

CONSUMER BEHAVIOR

The purpose of the assignment is to get you to think about the psychology of consumer behavior
by applying it to your own life. The theories or concepts that you apply are basically up to your
own perception of your own behavior. However, these must be theories grounded in the text and
classroom. The journal will have three goals: understanding the influences behind your purchases,
understanding the consequences of your purchases, and giving you a chance to reassess and change
your purchase patterns.

The method is as follows:

1. For a TWO WEEK period, you must keep a diary of the products you purchase. This is
simply a listing of the products, when, and where you made the purchase. Do this on a
daily basis.

2. At the end of each week, look for 3 products you seem to “consume” most regularly or
consistently, then think back on that week and analyze:

a. why you bought that product over another


b. what advantages or disadvantages resulted from purchasing that product over
others
c. your satisfaction/dissatisfaction with the purchase
d. your intent to continue that purchase (or note if you decided to change your
purchase pattern & why)

3. At the end of the two weeks, choose 3 key products and consider the one major
psychological factor or process for each separate product (e.g. peer pressure, learning,
subliminal messages etc.) that contributed most to your consumption pattern (i.e. one
different process for each of the 3 products).

Identify any psychological processes and its application to your specific purchase pattern. Please
provide specific reasons for why you think it was that process that was most influential on that
product.

The maximum length of each paper should not more than eight (8) pages double spaced, with
1 inch margins and 12 point Times New Roman font.

Everyone can begin their journal on 20 November 2023 onwards.


Submission Date: 22 December 2023.

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