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Asm401 Reflection Paper 2 Asm401
Asm401 Reflection Paper 2 Asm401
Second, pricing in marketing mix also impacted my decision making. Price is defined
as amount of money in exchange to obtain benefits by a company in their products. Often,
consumer will have the thought of high quality brand will have a high price and expect their
investment to be worth it according to what they had paid. For example, when I bought
skincare set at Watson, I will choose an expensive skincare set such as Loreal that has a good
brand image rather than local products such as Wardah as I believe the ingredient in Loreal
skincare set is more effective to treat my skin condition. According to (Albari & Indah,
2018), most of consumer uses price to measure quality of a products as they do not have time
to get knowledge about the products.
Lastly, promotion also affects my decision when purchasing. Promotion is used for
persuading and reminding the consumer on the products directly or indirectly which will then
influencing the consumer’s mind. For example, I prefer to buy products online through
Shopback platform as I can get instant cashback money when purchase products online rather
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NURAIN SHAMIRA BINTI UNI 2021102365 BA2322B
than a physical store. Commonly, the consumer will observe the financial benefits either it
will save their money or is it worth to buy before purchasing (Usly & Khori, 2019).
References
Albari, & Indah, S. (2018). The Influence of Product Price on Consumers’. Review of
Integrative Business and Economics Research.
BBC. (2021). The Marketing Mix. Retrieved from BBC:
https://www.bbc.co.uk/bitesize/guides/z4wtmfr/revision/7
Kotler, P., Armstrong, G., & Opresnik, M. O. (2017). Marketing Strategy and Marketing
Mix. In Principles of Marketing (pp. 74-84). Pearson Education (US).
UKessays. (November, 2018). Relationship between Marketing Mix and Consumer
Behaviour. Retrieved from https://www.ukessays.com/essays/marketing/marketing-
mix-and-consumer-behaviour-analysis-marketing-essay.php#citethis
Usly, O., & Khori, N. (2019). Effect of Products, Promotion, Price and Location of Buying
Decisions.
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500 words