Kaplan University MKT301: Consumer Behavior of Five Hop Lager
VerifiedAdded on 2022/10/06
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This assignment analyzes the consumer behavior related to M&S Five Hop Lager, a craft beer. It begins by examining historical shifts in consumer preferences towards craft beers. The assignment explores how the product gains exposure and how consumers perceive it, especially within the younger demographic, highlighting the role of social media and marketing. It then delves into the stimuli elements, including the visual presentation of the bottle and product description, and the motivational factors that drive consumer interest in craft beers. The analysis incorporates concepts like customer knowledge schema and references key literature to support its findings, offering a comprehensive view of consumer behavior in the context of the craft beer market. The paper emphasizes the importance of understanding consumer perception and marketing strategies in the fast-moving consumer goods (FMCG) sector, providing insights relevant for marketing students and professionals. The assignment showcases the influence of exposure, perception, and marketing on consumer behavior and preferences.
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