For this part of the assignment, your team is to critique the brand by providing the following information (750-1,000 words):
1. Why is the brand behind its competitors? Provide evidence, both financial and behavioral. Evidence may include consumer attitude toward the brand, customer loyalty (repeat purchases and/or referrals), and negative word-of-mouth.
Develop and issue a survey questionnaire to provide support for your critique. Respondents should be from the target market for the specific brand under study. (See chapter 2 in the textbook for guidance in preparing an attitude scale survey instrument). For teams of three or more, a minimum of 30 survey respondents should be included.
In view of the brand's marketing strategy, what consumer behavior issues does your team propose are influencing the brand's performance? How do reference groups, social class, culture and subcultures, and, if applicable, cross-cultural (international) influences affect the brand's marketing strategy?
Provide examples of specific tactics used that are evidence of the flawed strategy.
Identify at least three changes/actions that would correct the shortcomings/deficiencies identified. Discuss each in light of information available.
Prepare this assignment according to the APA guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is/is not required