MKT 625 MKT625 Week 6 Assignment Inside Subaru’s Zero-Waste Factory
MKT 625 Week 6 Assignment Inside Subaru’s Zero-Waste Factory
Focus of the Final Paper
Write a 10-to 12-page paper, excluding the title and Reference pages. Format your paper according to APA style as outlined in the Ashford Writing Center and utilize six to eight scholarly sources from the Ashford University Library in addition to the course text.
The Zobisch Group was the first to introduce a digital pocket watch that integrated the functions of an MP3 player, smartphone, and tablet. Consumers ignored this invention for a couple of years. Then, virtually overnight, the digital pocket watch became the latest "must have" technological gadget even though the Zobisch Group did nothing to influence consumer attitudes and buyer behavior. While the organization is delighted it’s invention is the latest fad, it also realizes fads come and go quickly. The newest "must have" digital gadget will soon replace the current digital pocket watch.
What should the Zobisch Group do to communicate with and influence consumers in order to extend its product’s shelf life?
In your paper, describe specific plans of action the Zobisch Group can set in place to positively influence consumer behavior and thus, prolong the life of their product. Include each of the following consumer behavior aspects in your paper:
- Influence of social media (especially blogging, YouTube, etc.)
- Targeting and segmentation (culture, subculture, and social class and status?)
- Consumer motivation and perception
- Consumer's decision making process
- Product life cycle
- Diffusion of innovation