BSBMKG435 Project Portfolio

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PROJECT

PORTFOLIO

STUDENT VERSION

BSBMKG435
ANALYSE CONSUMER
BEHAVIOUR
First published 2021

RTO Works
www.rtoworks.com.au

hello@rtoworks.com.au

0452 157 557

© 2021 RTO Works

This resource is copyright. Apart from any fair dealing for the purposes of private study, research, criticism or review as
permitted under the Copyright Act 1968, no part may be reproduced by any process without written permission as
expressed in the RTO Works License Agreement.

The information contained in this resource is, to the best of the project team’s and publisher’s knowledge true and correct.
Every effort has been made to ensure its accuracy, but the project team and publisher do not accept responsibility for any
loss, injury or damage arising from such information.

While every effort has been made to achieve strict accuracy in this resource, the publisher would welcome notification of
any errors and any suggestions for improvement. Readers are invited to write to us at hello@rtoworks.com.au.

Business Works is a series of training and assessment resources developed for qualifications within the Business Services
Training Package.
Contents

Section 1: Evaluate drivers of consumer behaviour 5


Section 2: Evaluating the reasons for existing levels of consumer interest 11
Section 3: Recommend a marketing focus 15

BSBMKG435 Analyse consumer behaviour | 5


Student name:

Assessor:

Date:

Business this assessment is


based on:

BSBMKG435 Analyse consumer behaviour | 6


Section 1: Evaluate drivers of consumer behaviour

Identify the market


Complete this section using relevant business documentation (the marketing plan, market profile, etc.).

Your role Within the organization, I work as a Marketing Coordinator.


What is your role in your Implements marketing and advertising campaigns by assembling
business? and analyzing sales forecasts; preparing marketing and advertising
strategies, plans, and objectives; planning and organizing
promotional presentations; and updating calendars.

The business Great Barrier Reef. It is responsible for promoting The Tropical
North Queensland as a tourism destination of choice to domestic
Provide a brief description of travellers and travellers from around the world. Tropica
the business you are
Queensland offers a scope of convenience choices and business
investigating consumer
bundles to willing voyagers, worldwide and home grown. All of
behaviour for.
Tropicas destinations are fit to catering for home grown business
explorers who are drawn in by the one-of-a-kind business and
Provide a description of the meeting occasion openings inside the district. Tropica will be the
product or service the focussing their promoting endeavours on this section to draw in
business offers. these high worth home grown voyagers to their inns as a
component of their procedure to recuperate from the impacts of
the pandemic

Domestic travellers, including international travellers, are the


primary target (but mostly focused to the domestic travellers)

BSBMKG435 Analyse consumer behaviour | 7


The market
Describe the market for the This market category includes both business and entertainment.
product/service and outline the Customers who qualify for this analysis include:
market segments.

1. Customers from the United States who come to attend meetings,


Outline two different consumer events, or conferences
types that you will analyse
2. Customers from other countries, who are generally there to enjoy
behaviour for.
the tour and spend their vacation.

BSBMKG435 Analyse consumer behaviour | 8


BSBMKG435 Analyse consumer behaviour | 9
Market profile
Complete this section using relevant business documentation (the marketing plan, market profile, etc.) and existing data.

Consumer Type 1 (Specify the consumer type here): Consumer Type 2 (Specify the consumer type here):

The market size There are several excursions related to corporate events, such Many Chinese tourists visit Australia, particularly Brisbane.
as training, conferences, and so on. This indicates that there is Almost half a million people visit Brisbane for a variety of
a significant opportunity to grow the company. reasons.

The marketing objectives

Identify at least two  Customers' awareness of the product/service offered to  Create new products or services that will encourage
marketing objectives business travelers should be increased. clients to spend more money each day.
according to the marketing
 Better accommodations may entice business travelers  Encourage clients to spend more money when
plan.
to visit. shopping on-site.

Consumer attributes Want things to happen quickly? Could be more laid-back


Identify at least five Everything should be as simple as possible. Usually, luxury and leisure are preferred.
consumer attributes using the
Accommodation is required for corporate gatherings or For their vacation demands, they require a tour arrangement.
market profile and existing
business trips.
customer data. Generally, they are more inclined to spend money.
Only spend money when absolutely necessary.
Daring and eager to explore new things
Will want to be certain that everything is in order.

BSBMKG435 Analyse consumer behaviour | 11


Consumer Type 1 (Specify the consumer type here): Consumer Type 2 (Specify the consumer type here):

List your information sources.

Complete this section after comparing the current product/service to the features stated in the marketing plan.

Consumer Type 1 (Specify the consumer type here): Consumer Type 2 (Specify the consumer type here):

Product Proximity to Great Barrier Reef and Daintree (Hero Experiences Proximity to Great Barrier Reef and Daintree (Hero
TTNQ) Experiences TTNQ)
List the features of current
product/service offering Five-star rating Free internet access
Conference facilities Front desk staff speaks
In-house wine cellar and sommelier Mandarin Chinese power adaptors in each room
Executive suites Chinese TV channels and newspapers available
Domestic customers

Comparing product/service Survey Method Survey Method


features

Describe the method you


A survey method is a process, tool, or technique that you A survey method is a process, tool, or technique that you
used to compare product
can use to gather information in research by asking can use to gather information in research by asking
features stated in the
questions to a predefined group of people. Typically, it questions to a predefined group of people. Typically, it
marketing plan to the actual
facilitates the exchange of information between the research facilitates the exchange of information between the research
product offering.
participants and the person or organization carrying out the participants and the person or organization carrying out the
research research Method
Attach evidence of the
method you used to the end
of this Section.

BSBMKG435 Analyse consumer behaviour | 12


Consumer Type 1 (Specify the consumer type here): Consumer Type 2 (Specify the consumer type here):

Implicit and explicit


procedures
The company's Privacy Policy serves as the primary The company's Privacy Policy serves as the primary
Policies and procedures mechanism for handling information collected from clients. mechanism for handling information collected from clients.
Customers must be satisfied that their information will not be Customers must be satisfied that their information will not be
List the implicit and explicit
utilized without their permission, thus this policy will be critical. utilized without their permission, thus this policy will be critical.
policies and procedures you
worked according to.

Legislation and ethics


List the key legislation, The Corporation Act of 2001 will be the primary standard. The The Corporation Act of 2001 will be the primary standard. The
ethics, regulations you purpose of this act is to ensure that the company's research purpose of this act is to ensure that the company's research
worked according to when adheres to the standard, and that the standards in place inside adheres to the standard, and that the standards in place
undertaking consumer the organization are likewise followed when doing the study. inside the organization are likewise followed when doing the
research. study.

Complete this section after analysing your time-series data.

Consumer needs
Provide a brief description of The organization will be able to comprehend the current market The organization will be able to comprehend the current
the tools and methods trend by analyzing time-series data. Understanding the trend market trend by analyzing time-series data. Understanding the
involved in analysing the will assist the organization in making correct future planning, trend will assist the organization in making correct future
data. making the marketing plan easier to implement. planning, making the marketing plan easier to implement.

BSBMKG435 Analyse consumer behaviour | 13


Attach your report and to the
end of this Section.

Attach: Link to business website About page or corporate brochure that summarises what the business does OR Simulation

Pack if using case study

Evidence of comparison of product features (a video recording, link to an online survey, screenshots of a poll).

Report containing graphs depicting a trend

Corporate Brochure

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Report containing graphs depicting a trend

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Evidence of comparison of product features

BSBMKG435 Analyse consumer behaviour | 16


NEED (Y/N)

Proximity to Great Barrier Reef and Daintree (Hero


Experiences TTNQ)

Five-star rating

Conference Facilities

In-house wine cellar and sommelier

Executive suites

BSBMKG435 Analyse consumer behaviour | 17


Section 2: Evaluating the reasons for existing levels of consumer interest

Consumer Type 1 (Specify the consumer type here): Consumer Type 2 (Specify the consumer type here):

Marketing communications Sales Promotion


Provide a brief description of Sales Promotion
the marketing communications
This strategy is used to market a product to clients in order to This strategy is also being employed with this client so that the
that have been used to create
entice them to buy it. Sales promotions may include discounts, corporation may get more customers to buy their product and
consumer interest.
cashback, and other incentives to entice customers to buy what have them recommend it to others. This strategy will allow the
Attach your evidence of we have to offer. company to earn twice as much money.
consumer responses or links
https://smallbusiness.chron.com/six-major-modes- https://smallbusiness.chron.com/six-major-modes-
to your information sources at
communication-marketing-65083.html communication-marketing-65083.html
the end of this Section.

Consumer journey Booking history: how frequently do they make reservations for Booking history: how frequently do they make reservations for
business trips? business trips?
Describe the consumer’s
digital footprints, engagement Research history: what they look for when they conduct Research history: what they look for when they conduct
journeys and expectations research, particularly for lodging. research, particularly for lodging.
Budget: Determine how much money clients are willing to spend Budget: Determine how much money clients are willing to
to obtain what they desire. spend to obtain what they desire.

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Organisational Capability Assessment Template

Consumer Type 1 (Specify the consumer type here): Consumer Type 2 (Specify the consumer type here):

The staff and their High-quality skill High-quality skill


knowledge, skills and
Continuous improvement in their skill and also in their Continuous improvement in their skill and also in their
experience
understanding of customer’s needs understanding of customer’s needs
How staffs handle customer’s inquiries and complaints How staffs handle customer’s inquiries and complaints
Could solve the problems or issues in the correct way Could solve the problems or issues in the correct way
Good management of their time Good management of their time

The business processes and Following the basic regulations and rules Following the basic regulations and rules
practices
Using the act/legislation as the key reference point for all of Using the act/legislation as the key reference point for all of
their tasks their tasks
Customer relations are managed and maintained. Customer relations are managed and maintained.

BSBMKG435 Analyse consumer behaviour | 19


Consumer Type 1 (Specify the consumer type here): Consumer Type 2 (Specify the consumer type here):

The facilities, equipment and The facilities must be usable without difficulty. The facilities must be usable without difficulty.
technology
Up-to-date equipment and technology are required. Up-to-date equipment and technology are required.
The facilities and equipment should be kept in good working The facilities and equipment should be kept in good working
order. order.

Attach:
Evidence of consumer responses (screenshots, reports, link to information sources, etc.) ☒

BSBMKG435 Analyse consumer behaviour | 20


Evidence of consumer responses
1

https://tourism.tropicalnorthqueensland.org.au/wp-content/uploads/2022/04/Dec-2021-NVS-Tourism-Fact-File.pdf

BSBMKG435 Analyse consumer behaviour | 21


Section 3: Recommend a marketing focus

Complete this section after conducting research.

Research
Provide a description of the Customer behavior may influence marketing strategy because changes in customer needs may necessitate a change in the
influences on consumer company's promotional plan in order to effectively reach out to customers. The marketing plan must be in line with current
behaviour that can be used to trends, which are in turn influenced by how customers behave.
in marketing strategies so
that consumption of the
product or service being
marketed is increased.

Describe the role of the The customer also has a part to play in defining what type of model or approach may be employed to determine digital marketing
consumer in the digital so that it can be correctly prepared.
marketing environment

https://www.projectguru.in/marketing-strategies-influence-consumer-behaviour/
List your information sources

BSBMKG435 Analyse consumer behaviour | 23


Consumer Type 1 (Specify the consumer type here): Consumer Type 2 (Specify the consumer type here):

Recommendations
Direct selling could be used to market products to clients Could employ digital marketing to increase the effectiveness
directly. This strategy is also more convenient for reaching out of the campaign, and the reach is greater than a sales
Describe the marketing focus
to customers and informing them about the company's promotion.
you are recommending.
products.

Complete this section after your presentation.

Recommendations Consumer Type 1 (Specify the consumer type here): Consumer Type 2 (Specify the consumer type here):

Present the plan


Who did you present your The plan must be given to the members of the project team. The plan must be given to the members of the project team.
recommendations to?

How did you model


They will be invited to the meeting, where the team will debate They will be invited to the meeting, where the team will debate
engagement conversations
the plan's risk, how to implement the plan, and how to the plan's risk, how to implement the plan, and how to
and interventions?
guarantee that the plan is finished effectively. guarantee that the plan is finished effectively.

List any legal and ethical


During this procedure, the resources will also be selected. During this procedure, the resources will also be selected.
obligations involved.

The presentation is estimated to cost $500. The presentation is estimated to cost $500
Provide an estimation of the

BSBMKG435 Analyse consumer behaviour | 24


Recommendations Consumer Type 1 (Specify the consumer type here): Consumer Type 2 (Specify the consumer type here):

cost and confirm that budget


is available.

If not viewed in person by


your assessor, attach proof of
your presentation to this
section of your portfolio (e.g.,
video recording or slides).

Attach:
Evidence of presentation (slides, video recording, etc.) ☒

BSBMKG435 Analyse consumer behaviour | 25


Evidence of presentation

BSBMKG435 Analyse consumer behaviour | 26


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