Identify and study an interesting consumer behavior issue. Select an existing product or service that has been struggling or failing recently. Do a diagnostic analysis of the reason for the band failing problems and propose a prescriptive strategic revival plan.
Create a new marketing strategy for the brand (AMC)
- Describe a consumer behavioral approach where you’d conduct the following:
1) Focus Groups,
2) Depth Interview,
- Why customers will be attracted by the new marketing strategy.
- Why the new strategic marketing approach is better than the current marketing strategy created by the company. Also, give examples.
- Explain in full detail of the above consumer behavioral approach and give more than one examples.
- Write about AMCs new theoretical brand positioning and brand equity,
- Write about classical conditioning by pavlov relate to AMC Theater and give examples.
- Write about Cues, response to a cue, reinforcement, unconditioned stimulus, conditioned stimulus, conditioned response, licensing (in regards to marketing)
- The analysis also should be clearly grounded in consumer behavior concepts.