In this assignment, you will use this two companies to compare, contrast
In this assignment, you will use this two companies to compare, contrast, and perform an overall analysis of across each of the main areas of consumer behavior. A satisfactory paper will be completed in a minimum of 2,000 words (no maximum). The paper format should be double-spaced and use a professional 12pt font. Include citations when appropriate (websites, news articles).
Companies:
- Walmart vs. Target
Your paper should address the following:
- An introduction of the companies and the primary products they sell.
- A comparative analysis of the different consumer behavior theories as discussed in the course. Note: You may not find information on every single one these topics. You are, however, expected to provide a thorough analysis of the information available to you.
- What is each company’s target demographics and market segmentation strategies?
- What is each company’s niche in current popular culture?
- How does each company handle responses to consumer feedback and complaints?
- What corporate social responsibility initiatives are each company involved in?
- What efforts towards sustainability has each company made?
- How does each company utilize sensory marketing in the buying process?
- How does each company motivate consumers to buy and get involved in the purchasing process?
- How does each company tap into the self-esteem, self-consciousness, and self-image of consumers?
- Do these companies emphasize gender roles in their marketing campaigns?
- What is each company’s brand personality?
- How does each company use psychographics?
- What are the companies’ core values and ethical codes?
- How does the company use different sources to reach their target markets?
- How does each company use e-commerce?
- What is the in-store atmosphere of each company?
- Does either company engage in B2B marketing/selling?
- How does each company ensure that consumers are informed about their products?
- How does each company utilize social media platforms? Do they use influencers?
- How do these companies compete in the global market? Do they market differently in different countries or subcultures?
- How has each company shown innovation in their respective marketplaces?
- How has each company responded to the COVID-19 pandemic and ensured customer safety?
3. An opinion-based conclusion on which company best considers the behaviors of their consumers when engaging in marketing campaigns and strategies.
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