Professional Documents
Culture Documents
Consumer Behavior
Consumer Behavior
Consumer Behavior
Muhammad Abrar
Roll# 21893
Semester: 5th
Dated:
Q.1 Two websites that you visit regularly and discussion how they
track your behavior and enable marketers to target you more
effectively.
Google Analytics
Google Analytics help us to capture and understand user behavior in
most kinds of applications, including mobile apps (iOS and Android), web
and SaaS applications, and IOT (internet of things) devices.
With minimal instrumentation, Google Analytics provides many pieces of
information to help you understand the behavior of users as they interact
with your site or application. Standard metrics include the number of
users interacting with your application, the number of sessions those
users create, and the screens or web pages that they visit. User data in
Google Analytics is captured using either first-party cookies, randomly
generated IDs, or an SDK for mobile apps. On websites and SaaS
applications, users can opt-out from Analytics by installing a browser add-
on, and within mobile apps, they can change their settings to opt-out (if
supported by the mobile app).
Audience targeting
Demographics: Target your ads based on how well your products and
services trend with users in certain locations, ages, genders, and device
types.
In-market: Show ads to users who have been searching for products and
services like yours. These users may be looking to make a purchase, or
have previously made a purchase and could still be interested enough to
interact with your ads.
Custom intent: Choose words or phrases related to the people that are
most likely to engage with your site and make purchases by using
"custom intent audiences." In addition to keywords, custom intent
audiences lets you add URLs for websites, apps, or YouTube content
related to your audience's interests.
Remarketing: Target users that have already interacted with your ads,
website, or app so that they'll see your ads more often. These users can
be in any stage of conversion, as long as they've visited your site or
clicked on your ad before. These users may even return to complete a
purchase.
Facebook
It collects data from what you input on Facebook, what sites you visit
while you are logged on to Facebook in the background of your device
and what third-party companies can pull on you.
Coca-Cola
Coca-Cola has achieved notable successes in digital marketing.
Advertisement: ThatsGold
In celebration of the Rio 2016 Olympic Games, Coca Cola Brazil
launched the #ThatsGold campaign, designed to celebrate the
feeling that comes with accomplishing something great – no
matter how big or small.
Article
In 2014, the Coca-Cola Company launched its mega-successful
"Share a Coke" campaign, where it replaced its logo on 20-ounce
bottles with 250 of the most popular American names.
Consumers were encouraged to find bottles with names they
connected with and give them to a friend or family member.
Capitalizing on the social media craze, Coca-Cola encouraged
consumers to tweet about their experiences and post photos,
using the hashtag #ShareaCoke.
Coca-Cola continuously expanded the campaign, boosting the
number of names from 250 to 1000.
Coca-Cola's online store now lets consumers customize the names
on bottles.
The "Share a Coke" campaign became a raging success in America,
for the four reasons below.
Consumers Are Prompted to Create Online Media Content
Coca-Cola empowered consumers to discuss the product over
social media platforms, in a way that puts control in the hands of
customers. By reflecting on their personal experiences, consumers
felt like their lifestyles were the center of the narrative, instead of
feeling like they were merely tools in the company's promotional
machine. Consequently, consumers shared more than 500,000
photos via the #ShareaCoke hashtag, within the first year alone.
Coca-Cola gained roughly 25 million new Facebook followers that
same year.
The Brand Connects With Consumers on a Personal Level
For Millennials, personalization is not just a fad, but it's a way of
life. The "Share a Coke" campaign enabled this set to express their
individual stories and connect with friends and family. A girl who
shares a name-branded Coke bottle with her mother feels as
though she's connecting with her parent by innocuously creating a
topic of conversation.
Of course, not everyone's name was represented on the 250
altered bottles. Consequently, Coca-Cola created a 500-stop cross-
country "Share a Coke" tour, which lets fans customize a mini can
for themselves and a second one for someone special. The
company also provided alternative pre-printed options with
monikers such as "Bestie," "Star" or "BFF," for those with more
unusual names, that were not represented.
Powerful Call to Action
The "Share a Coke" slogan is inherently a call-to-action to buy
more product. Catchy and easy to remember, the phrase carries
an embedded directive to purchase a bottle of Coke, for the
purpose of giving it to another.
The "Share a Coke" campaign was first introduced in Australia
before it was brought to the United States.
The Campaign Continues to Change
The "Share a Coke" campaign has constantly expanded. In 2015, in
addition to increasing the personal names from 250 to 1,000,
Coca-Cola opened an e-commerce shop where consumers could
order personalized bottles. Furthermore, song lyrics were added
to the bottles' packaging, letting fans share music, instead of just
names.
In 2017, the company added a feature that let consumers hear a
short jingle with their name in it. And in 2018, Coke made their
now-iconic name labels removable stickers that could be fastened
to clothing, cell phones, notebooks, and other items.
McDonald's
McDonald’s has come with some clever marketing campaigns
over the years, often using digital to drive people towards those
magical Golden Arches. These campaigns not only drive footfall to
restaurants, but also help to increase brand loyalty and
engagement. One example is as
Advertisement: Hands Full
McDonald’s used to be all about the food, but in 2018 it chose to
focus on strides in customer experience, highlighting how the
brand is making it easier for everyone in restaurants.
The campaign is made up of three different ads, called ‘Hands
Full’, ‘Grownup’ and ‘It Must Be’. Each one shows a different in-
store innovation, including the McDonald’s mobile app, in-store
order screens, and table service.
Part of McDonald’s aim was to change perceptions (and highlight
innovation), making it a story-driven and highly engaging
campaign that targeted families in particular.
Article:
1. McDonald's Strategy
McDonald's Main Business Strategy Was And Still Is Investing in
Advertising & The Franchising Model
McDonald's Advertises towards Children & Families and Produces
Recognizable Icons
2. The Keys To McDonald's Success, Rapid Growth & Market
Dominance
McDonald's Keys to Success is their Focus on Customer
Satisfaction.
McDonald's Finds Ways to Make Customers More satisfied with
fast service.
McDonald's finds ways to make customers More Satisfied by
Creating a Clean Environment.
McDonald's Finds Ways to Make Customers More Satisfied with
Higher Quality Products.
Flights
The demand for flights in and out of the country is high; however, as we all know, it is terrible
for the environment. Through the theory of societal marketing, a company would stop
providing the flights, as the harm done to the environment outstrips the satisfaction provided
to customers. However, it is clear this would reduce profits made by travel companies and
other associated organizations. The flight company should therefore focus on providing as
many flights as they can legally.
Alcohol
Again, alcohol has many negative externalities in society, but there is no doubt that the
customer still wants it. It would be senseless for the business not to provide a good with such a
large demand - instead, government restrictions should be respected as supplies are provided.
Many consumers are now getting tired of companies constantly advertising how they are
helping society. Many see it as a way to draw in custom, and do not believe many of the claims
made. 'Do good' companies could alienate customers who are unimpressed by their marketing
techniques.
Conclusion:
Consumers are more likely to understand and retain marketing
messages if they make sense. This is especially true of social
marketing; the cause or social issue, lying at the heart of the social
marketing strategy must connect with the values of the brand or
consumers will be sceptical. If the social marketing initiative
brings the brand to life by highlighting its role in society,
consumers will more readily accept it.
Consumers accept that companies need to make money. Research
shows that if customers can see the commercial benefit of
community investment, they accept it – if not, they may become
cynical and believe the company is trying to cover something up.
In other words, consumers prefer companies to do good and get a
return.
Fragmented activity is confusing for employees and customers
and is consequently less effective. If a company consistently
tackles one relevant social issue it will hit home quicker and
harder with customers and employees.
For a company’s community investment to be taken seriously, the
social marketing approach needs to be integrated into everything
the company does, from marketing to internal communication,
from employee development to delivery of services.
The social marketing strategy is dependent on bridging the gap
between the company and its two key target audiences,
employees and customers. It is imperative that both target
audiences are consulted on a regular basis to ensure the resulting
activity has both social and commercial impact. Companies that
follow the five golden rules of social marketing can create real
business benefits, i.e. new loyal customers; increasing loyalty
amongst existing customers; motivating and developing their
employees and improving the corporate reputation.
Q.3 Write three examples of technological innovations designed to enhance
customer retention and discuss them.
1. Chatbots
Chatbots are the latest revolution in the business landscape. With
the help of AI-powered chatbots, businesses are better equipped
to handle customer service functions. These virtual assistants fulfil
a customer’s demand of getting instant service support from a
business.
Chatbots are easy to deploy for a business and can provide instant
support via voice, mobile app, instant messaging, SMS, or
website. As these bots promise quick response times, customer
queries are handled efficiently, improving customer satisfaction
and experience with a business.
Pypestream a progressive tech company made use of artificial intelligence to improve the
customer experience using a B2C messaging app. This app, developed by the startup, enabled
businesses to chat with customers securely using mobile devices.