Week 1 Journal: Learning Reflection – Product Purchase

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Week 1 Journal: Learning Reflection – Product Purchase BUS330: Principles of Marketing (BWI1247A) Instructor: Benjanette Matthews November 26, 2012 Week 1 Journal: Learning Reflection – Product Purchase Learning Reflection: Think for a moment about the last product you purchased. What was the product? What is the brand name of the product? How would you describe the customer for this product? What is the product’s closest brand competitor? Explain why you chose this brand rather than the competitor’s brand. How did the marketing for the product influence your purchase? What was the product? The most recent product that I have purchased was a Nook e-reader. What is the brand name of the product? Nook by Barnes & Noble How would you describe the customer for this product? I would best describe the customer for this product as someone who likes to read, play games, watch movies, and search the internet without having to carry a laptop. What is the product’s closest brand competitor? There are several competitors for this product market: Google Nexus 7, Kindle Fire, Samsung Galaxy, and the Apple I-pad. Explain why you chose this brand rather than the competitor’s brand. The reason I chose this brand is that I already have an iPhone and I was looking for a product that would do more than my phone. I felt that if I went with an iPad that I would just be getting a larger version of my phone. The final deciding factors in making the decision for this brand was that the Nook is expandable where the iPad is not. How did the marketing for the product influence your purchase? The marketing for this product did not play an important part in influencing my decision to purchase the Nook. Having been a Barnes & Noble customer for many years I have used both their stores and online site and have been satisfied with the services they offer their

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