How each policy increases customer satisfaction

Assignment Help Marketing Management
Reference no: EM132073069

Question: Competency: Assess company-controlled factors and policies that sway consumer actions.

Scenario: You are the marketing manager for Best Fitness. The firm markets athletic footwear, sportswear, and accessories. Best Fitness has a reputation for manufacturing the finest products and is the leader in the industry.
A new line of sportswear has been developed, including water sport equipment such as kayaks, surfboards and water skis called Just Right Watersports Equipment. Best Fitness has a reputation for manufacturing the finest products, is the leader in the industry and has been ranked #1 in consumer satisfaction in the industry for the last five years.

Instructions: Your manager, Michael Groza, has asked you to come up with after-sale company polices reinforcing Best Fitness' reputation for consumer satisfaction. In an email to Michael Groza, address the following:

• Define cognitive dissonance in relation to consumer behavior.

• Explain why consumers purchasing the new line of water sport equipment might experience cognitive dissonance.

• Provide company policies reducing cognitive dissonance.

• Explain how each policy increases customer satisfaction, increases loyalty, and builds long-term relationships between the firm and its customers.

Reference no: EM132073069

Questions Cloud

Expected value of the number of girls : How would you determine the expected value of the number of girls who will be selected?
Describe your organizations stated values : Discuss how well your organization's values align with the grand strategy you chose in the Module 2 Discussion (using the GSSM).
Balance sheet are involved networking capital : What areas within the balance sheet are involved networking capital? What is the formula for net working capital and the answer in your example?
Contribution of the scholarly work : Artificial Intelligence and Machine Learning - create an annotated bibliography detailing the contribution of the scholarly work toward the researchable
How each policy increases customer satisfaction : Explain how each policy increases customer satisfaction, increases loyalty, and builds long-term relationships between the firm and its customers.
When interest rate changes-bond yields adjust through : When interest rate changes, bond yields adjust through:
Standard normal distribution curve : What is the difference between standard normal distribution curve and normal distribution curve
Compare and contrast the concepts of risk and return : Compare and contrast the concepts of risk and return. Also discuss the importance of portfolio diversification and its relationship to risk and return.
What is a null hypothesis vs alternate hypothesis : What is a null Hypothesis vs. Alternate Hypothesis, One Tailed Test vs Two Tailed Test - how do we know when to use what?

Reviews

Write a Review

Marketing Management Questions & Answers

  Integrated marketing communication

Developing an IMC plan of Amazon that aims to create awareness and knowledge amongst Singaporean  consumers of the ethics involved in buying clothing made from Bangladeshi factories  .

  Multiple choice questions on e-commerce

The assignment in Computer Science or Information Technology is about multiple choice questions, particularly in e-commerce. Questions such as types of e-commerce websites, commercial websites, disintermediation, Platform for Piracy, the data that ca..

  Balanced scorecard for red lobster

The assignment in marketing is about Red Lobster, which is one US and Canada's most loved seafood restaurant. It has hundreds of outlets in US and Canada and it now wants to expand further. The approach adopted by Red Lobster has been discussed in fu..

  Marketing plan - marketing audit, swot and smart report

The assignment in marketing is about preparing a marketing plan. As part of marketing plan, the SWOT analysis, assessing the competitive position, identifying critical competitive issues, marketing objectives, strategy and actions have been suggested..

  Marketing plan

Marketing deals with preparing a marketing plan for either an existing product or a new product. Various aspects about launching a new product into the market are discussed ranging from the industry the product belongs to, goals and vision of the com..

  Yamato corporation analysis - harvard case study

Please refer to the PDF for the Case Study and questions.The case study from Harvard Business School is about Yamato Corporation, a parcel delivery company which provides door to door delivery in Japan.

  Marketing plan - create a new product

The assignment in marketing is about competitive analysis for a new product namely "heated insoles". These heated insoles can be put in shoes and they can protect the wearer's feet by keeping them warm during cold winters.

  Report on digital marketing strategy for a website

Promotion strategies of  the one's own developed website

  Integrated marketing campaign of mccafe

Integrated marketing campaign for McDonald's McCafe. McCafe has been launched in Canada. This is a case study which involves the use of digital marketing and social media marketing apart from regular marketing such as TV and radio. All these more are..

  New product development at adidas

In this paper, the researcher also determines the different kind of practices used by Adidas to manufacture shoes for its customers.

  Managing services in competitive environment

Services can be defined as separately identifiable, intangible activities which provide want-satisfaction when marketed to household consumers and/or industrial users.

  Prepare a marketing plan

A marketing plan is an essential tool for any marketer, providing direction for a brand, product or organization. A marketing plan describes the marketing environment, marketing objectives and marketing strategies.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd