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Consumer Behaviour

2024/2025
Учебный год
ENG
Обучение ведется на английском языке
3
Кредиты
Статус:
Курс обязательный
Когда читается:
2-й курс, 1 модуль

Преподаватель

Course Syllabus

Abstract

Consumer behavior course is to develop an understanding of human behaviour to inform strategic business decisions, allowing to innovate and respond to consumer needs by applying consumer behaviour theory to real-world contexts.
Learning Objectives

Learning Objectives

  • To study the theoretical and methodological approaches to consumer behavior in sociology, psychology, economics and marketing
  • To study methods for managing the decision-making process, actions and perceptions of individuals in assessing, acquiring, applying and getting rid of goods and services as a consumer in up-to date conditions
Expected Learning Outcomes

Expected Learning Outcomes

  • To identify and predict consumer preferences based on consumer typology.
  • To understand the history of the discipline and subfields
  • Be able to measure, critique and interpret consumer behavior based on the knowledge of the internal Influences on consumer behavior.
  • Be able to identify and structure the factors that influence consumer behavior
  • To understand the main conceptual approaches in the study of consumer behavior
  • Be able to develop recommendations for improving companies’ marketing activities based on assessment of customer satisfaction and customer loyalty
  • To know modern concepts, approaches and methods of managing consumer behavior in the market of goods, services, ideas
  • Can analyze complex factors affecting consumer behavior
  • Can determine objectives of the acquisition of goods and services by target segments
Course Contents

Course Contents

  • Part 1 - understanding the behavior of consumers
  • Part 2 - integrating with consumers
Assessment Elements

Assessment Elements

  • non-blocking In-class activity
    Activity during seminars; participation in Q&A and task completion
  • non-blocking Group project presentation
    Students are divided into groups of 3-4 people. Each group selects a specific product or service of a real company from the list provided, and offers a psychographic description of several potential segments of consumers of a given product or service. It is necessary to complete the hypothetical semantic structure of the product, which connects the functional characteristics of the product with the values of selected consumer segments, thus opening up opportunities for different product positioning. Another task is to offer ideas on positioning and promotion of a product for each group of consumers with different values. The solution is fixed in the format of a Power Point presentation.
  • non-blocking Group project report
    Students are divided into groups of 3-4 people. Each group selects a specific product or service of a real company from the list provided, and offers a psychographic description of several potential segments of consumers of a given product or service. It is necessary to complete the hypothetical semantic structure of the product, which connects the functional characteristics of the product with the values of selected consumer segments, thus opening up opportunities for different product positioning. Another task is to offer ideas on positioning and promotion of a product for each group of consumers with different values. The solution backs up the group presentation and is fixed in the format of a report for several pages in any confenient form (doc, pdf, excel, web, etc.).
Interim Assessment

Interim Assessment

  • 2024/2025 1st module
    0.25 * Group project presentation + 0.25 * Group project report + 0.5 * In-class activity
Bibliography

Bibliography

Recommended Core Bibliography

  • Balladares Fuentes, A. G. (2021). Changing consumer behavior in the digital age: perceived risk in information search process [Universitat Ramon Llull, 2021.].
  • Consumer behavior, Hoyer, W.D., 2001
  • Consumer economics: issues and behaviors, Goldsmith, E., 2005
  • Exenberger, E., & Bucko, J. (2020). Analysis of Online Consumer Behavior - Design of CRISP-DM Process Model. Agris On-Line Papers in Economics & Informatics, 3, 13–22. https://doi.org/10.7160/aol.2020.120302

Recommended Additional Bibliography

  • Baltezarević Radoslav V., & Milić Mladen V. (2021). The role of nostalgia in emotional connection of consumers with brands. Baština, 2021(54), 137–147. https://doi.org/10.5937/bastina31-32572
  • Consumer behavior, Blackwell, R. D., 2001
  • Digital marketing analytics : making sense of consumer data in a digital world, Hemann, Ch., 2013
  • Kateřina Matušínská, & Šárka Zapletalová. (2021). Rational and Emotional Aspects of Consumer Behaviour. Forum Scientiae Oeconomia, 9(2), 95–110. https://doi.org/10.23762/FSO_VOL9_NO2_5

Authors

  • PLESHKOVA Anastasiia Iurevna