Preview

ADM3321

Powerful Essays
Open Document
Open Document
2811 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
ADM3321
Chapter 1: Introduction to Consumer Behaviour
WHAT IS CONSUMER BEHAVIOUR?
Consumer behaviour is the study of the processes involved when individuals or groups select, purchase, use, or dispose of products, services, ideas, or experiences to satisfy needs and desires
Needs and desires can range from hunger and thirst to love, status, or even spiritual fulfillment
Consumer Behaviour is a Process
In early stages  referred to as “buyer behaviour”: an emphasis on the interaction between consumers and producers at time of purchase.
Now: consumer behaviour is an “ongoing process”  not just what happens at the moment of purchase
Figure 1-1: Some Issues That Arise during Stages in the Consumption Process
Consumer’s Perspective Marketer’s Perspective
Pre-purchase issues
How does a consumer decide that he or she needs a product? What are the best sources of info to learn about alternative choices?

How are consumer attitudes towards products formed and changed? What cues to consumers use to infer which products are better than others?

Purchase issues
Is acquiring a product a stressful or pleasant experience? What does the purchase say about the consumer?

How do situational factors, such as time pressure or store displays, affect the consumer’s purchase decision?

Post-purchase issues
Does the product provide pleasure or perform its intended function? How is the product eventually disposed of, and what are the environmental consequences of this act?

What determines whether a consumer will be satisfied with a product and whether he or she will buy it again? Does this person tell others about his or her experiences with the product that affects their purchase decisions?

Exchange: two or more organizations or people give and receive something of value; is an integral part of marketing. Although exchange is important, be sure to pay attention to entire process

You May Also Find These Documents Helpful

  • Best Essays

    Cango Operations

    • 3288 Words
    • 14 Pages

    SDSU (2010, September 7) Consumer behavior: Consumer buying process. San Diego State University. Retrieved from http://www-rohan.sdsu.edu/~renglish/370/notes/chapt05/index.htm…

    • 3288 Words
    • 14 Pages
    Best Essays
  • Better Essays

    Cereal Aisle Analysis

    • 1249 Words
    • 5 Pages

    To understand how the consumer progressed through the consumer behavior process, we must first understand the consumer buying process. It is also important to note that not every consumer goes through all the stages. There are six stages in the consumer buying process: Problem Recognition (need) - in this stage the consumer realizes that they are lacking something, therefor they have a need; Information Search- now that the consumer has acknowledged their need (or want) they start finding the necessary information or taking the necessary actions to fulfill their need; Evaluation of Alternatives- in this stage the consumer knows what they need or they at least have some general idea, and now they are looking at all the options available to them; Purchase Decision- At this point the consumer is now processing all the information from the evaluation of alternatives, and deciding to move forward with their purchase or not; Purchase- this is the stage where the transaction is complete. The need that was previously acknowledged has been met; Post Purchase Evaluation- At this point the consumer decides whether they are happy with their purchasing decision or if they have feelings or remorse.…

    • 1249 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Psychology in Marketing

    • 626 Words
    • 3 Pages

    In today’s consumer market, much attention is paid to the psychology of the consumer. It is the leading factor in determining if a product will be marketed, when it will be marketed and where it will be marketed. To make these determinations companies have focused on certain psychological concepts. Examples of the psychological concepts and how they are used will also be discussed in this paper.…

    • 626 Words
    • 3 Pages
    Good Essays
  • Good Essays

    - What factors do you believe have the most impact on a consumer 's buying decision? Why?…

    • 611 Words
    • 3 Pages
    Good Essays
  • Good Essays

    * exchange—a transaction where two or more organizations or people give and receive something of value—is an integral part of marketing.…

    • 2954 Words
    • 12 Pages
    Good Essays
  • Best Essays

    The Psychology Of Selling

    • 1657 Words
    • 5 Pages

    Basically, people buy products because products can help them reach ideal self or be consistent with actual self. For example, when someone realizes he is hungry, which is the actual self, and then he has the need or motivation to buy some food to reach satiation, which is the ideal self. In this case, the products of food take the role of functioning and satisfying the need. However, things are much more complicated in most cases and usually people make purchasing decisions for more than particular…

    • 1657 Words
    • 5 Pages
    Best Essays
  • Powerful Essays

    Consumer Behavior Midterm

    • 2830 Words
    • 12 Pages

    Consumer behavior is dynamic. It involves thinking, feeling as well as actions of consumers, consumer groups and society. The study of consumer behavior looks at how people buy, what they buy, when they buy and why they buy it. It examines the buyer decision process, both individually and in groups. It also examines characteristics of individual consumers such as demographics and behavioral variables in an attempt to understand people's wants and assess consumer influences (such as family, friends, reference groups, and society in general). Ultimately, the focus is on the dynamic interaction of affect, cognition, behavior, and the environment by which human beings exchange aspects of their lives.…

    • 2830 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    Hilton Hotel

    • 480 Words
    • 2 Pages

    4)Consumer Behavior:’The behavior that consumers display in searching for purchasing,using,evaulating and disposing of products and services that they expect will satisfy their needs’.When ı decide to buy new product what factors influence on me? A)External factors:cultural,social,family roles&status,reference groups B)İnternal factors:psychological factors(motivation,perception,learning,belief and attitudes)…

    • 480 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Purchase Process Model

    • 435 Words
    • 2 Pages

    For the first stage, pre-purchase stage it includes awareness of need, information search, evaluation of alternatives and make decision on service purchase and often make reservation before any purchasing run. Customers recognize a problem as a awareness of need or want. Of course, the most frequent problem occurs when consumers realize they are out of the product then they will motivate to take action to resolve it. Customers search for information that is helpful in making a purchasing decision. They may get this information in one or in many ways whether involve deciding between different approaches to address the same problem. Customer information typically falls into four group which are personal, commercial, public and experience. Evaluating alternatives follows the information search. During this customer analyzes all objective and subjective attribute of available products. An illustration of objective criteria includes brand attribute and technical specification. Example of subjective attribute include list of alternatives, testing as well as personal experience.…

    • 435 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    The two models that we will analyze in this case are cognitive and behavioural, which is the most suitable approach to understand consumer behaviour, but before that we need to understand what is consumer behaviour. Generally, consumer behaviour can be defined as a study of when, why, what and how people do or do not buy a particular product, consumer behaviour also involved decision making process and it is also a study of potential influences such as family, friend or advertisement. Consumer behaviour in most cases can be divided into two types, they are initial decisions and subsequent decisions, the two models cognitive and behavioural that we are analyzing now lies within initial decisions, there is a brief definition about the relation between consumer behaviour and cognitive approach, “Consumer behaviour is widely understood as a problem solving and decision making sequence, the outcome of which is determined by the buyer’s goal directed processing of information. The ‘cognitive consumer’ is credited with the capacity to receive and handle considerable quantities of information, to engage actively in the comparative evaluation of…

    • 1354 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Consumer Psychology

    • 675 Words
    • 3 Pages

    Products and services are developed or reinvented every day. How do people measure, or know or how these goods will be accepted? Consumer psychology is the “study of how people relate to the goods and services they use in their daily lives.”(Wise Geek, 2003). Consumer psychology studies people and by doing so provides what factors are important in the decision making of purchases and the value of services. By having this knowledge of consumer’s organizations, businesses and retailers improve their marketing. In a way people are being studied to be told what to buy and influenced.…

    • 675 Words
    • 3 Pages
    Good Essays
  • Good Essays

    consumers’ decision on whether or not to purchase they should purchase it. Although the awards…

    • 882 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Rambir Singh

    • 322 Words
    • 1 Page

    We analyze how various factors like demographics, psychographics and people around you affect the choices of consumers.…

    • 322 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Although a consumer 's perception of a product or service is at least partially based on his actual experience with the good, a significant amount of market research suggests that a consumer 's view of a product is also conditioned by a variety of other factors. From very concrete factors of price and quality to less tangible factors such a consumer 's view of the manufacturer 's reputation, experience with service and the quality of packaging and branding, a number of complex…

    • 1770 Words
    • 8 Pages
    Good Essays
  • Powerful Essays

    · How do the buyer’s characteristics – socio-cultural (sociological), personal, and psychological influence buying behavior?…

    • 1324 Words
    • 6 Pages
    Powerful Essays

Related Topics