Marketing Strategies for Tiska Plus: A Consumer Behavior Analysis

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Added on  2023/04/25

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This report analyzes the marketing strategies of Tiska Plus, an Australian-based retail organization, focusing on consumer behavior. It examines social, environmental, and individual factors influencing customer decision-making. The report identifies key factors such as family, social status, store environment, and individual differences like exposure, attention, interpretation, and memory. It recommends strategies for Tiska Plus, including developing cultural ambience, adopting social media marketing, creating an attractive store layout, celebrity endorsements, and maintaining standard product quality. The target market is identified as middle and lower-class consumers. The conclusion emphasizes the need for Tiska Plus to develop marketing strategies based on these recommendations. The report includes a comprehensive list of references supporting the analysis. This assignment is a case report and video presentation evaluating customer attitudes and switching behavior to provide an innovative sustainable marketing solution.
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Marketing
strategies of
Tiska Plus
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Introduction
Analyzing the current competitive business environment,
implementing proper strategy for driving the customer
attention has become essential (Jalali, Ferreira, Ferreira,
& Meidutė-Kavaliauskienė, 2016). The aim so this study
is to shed light on different factors that play an influential
role for driving the customer decision making process. In
this stud the situation of Tiska plus has been highlighted,
which is an Australian based retail organization.
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Social factors for driving the decision making
process
Family
social status
References groups
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Environmental factors for driving purchasing decision making
process
Location of the store
store environment
Store layout
Density of population
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Individual difference influence
on consumer decision-making
Expose
Attention
Interpretation
Memory
Exposure
Attention
interpretation
Memory
Purchase and consumption decision
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Recommendations
cultural ambience needs to be developed
social media marketing strategy needs to be adopted by Tiska plus
Creating an attractive store layout
Celebrity endorsement
Standard product quality , distribution through malls and retail
stores, effective management hierarchy and low product price.
Selected target market will be middle class and lower class people
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Conclusion
Analyzing different social, environmental and
individual factors of decision making process, it can
be said that Tiska plus needs to focus on developing
its marketing strategies depending on
recommended processes.
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Reference list
Abdulrahman, M. D. A., Subramanian, N., Liu, C., & Shu, C. (2015). Viability of remanufacturing practice: a
strategic decision making framework for Chinese auto-parts companies. Journal of Cleaner Production, 105, 311-
323.
Alawadhi, A., & Yoon, S. Y. (2016). Shopping behavioral intentions contributed by store layout and perceived
crowding: An exploratory study using computer walk‐through simulation. Journal of Interior Design, 41(4), 29-46.
Beach, L. R., & Lipshitz, R. (2017). Why classical decision theory is an inappropriate standard for evaluating and
aiding most human decision making. Decision making in aviation, 85, 835-847.
Bertheaux, C., Toscano, R., Fortunier, R., & Borg, C. (2018). Integration of perception and emotions in a new
sensory design process. International Journal of Design Engineering, 8(1), 73-97.
Ferreira, F. A., Jalali, M. S., Meidutė-Kavaliauskienė, I., & Viana, B. A. (2015). A metacognitive decision making
based-framework for bank customer loyalty measurement and management. Technological and Economic
Development of Economy, 21(2), 280-300.
Govindan, K., Rajendran, S., Sarkis, J., & Murugesan, P. (2015). Multi criteria decision making approaches for
green supplier evaluation and selection: a literature review. Journal of Cleaner Production, 98, 66-83.
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