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(2)

Consumer Buying

Behaviour

(3)

Definitions

Consumer Buying Behavior

Buying behavior of individuals and households that buy

products for personal consumption.

Consumer Market

All individuals/households who buy products for personal

(4)
(5)

Model of Consumer Behavior

Stimulus Response Model

Marketing and other stimuli enter the buyer’s

“black box” and produce certain choice / purchase responses.

Marketers must figure out what is inside of the

(6)
(7)

Characteristics Affecting Consumer

Behavior

Culture

Subculture

Hispanic consumersAfrican AmericansAsian AmericansMature consumers

Social Class

Cultural

Social

Personal

Psychological

(8)

Characteristics Affecting Consumer

Behavior

Groups

MembershipReference

• Aspirational groups

Opinion leaders

• Buzz marketing

Family

Kids can influenceRoles and Status

Cultural

Social

Personal

Psychological

(9)

Characteristics Affecting Consumer

Behavior

Age and life-cycle Occupation

Economic situation Lifestyle

Activities, interests, and opinions

Lifestyle segmentation

Personality and self-concept

Brand personality

Cultural

Social

Personal

Psychological

(10)

Lifestyles:

Jeep targets

people who

want to “leave

the civilized

world behind”

What other

(11)

Characteristics Affecting Consumer

Behavior

Motivation

Needs provide motives Motivation research

Maslow’s hierarchy of needs Perception

Selective attention, selective distortion, selective retention Learning

Drives, stimuli, cues, responses and reinforcement

Beliefs and attitudes

Cultural

Social

Personal

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(13)
(14)

The Buyer Decision Process

• Need recognition

• Information search

• Evaluation of alternatives

• Purchase decision

• Postpurchase behavior

Needs can be

triggered by:

Internal stimuli

Normal needs become strong

enough to drive behavior

External stimuli

– Advertisements – Friends of friends

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The Buyer Decision Process

• Need recognition

• Information search

• Evaluation of alternatives

• Purchase decision

• Postpurchase behavior

Consumers exhibit heightened attention or actively search for information.

Sources of information:

Personal, Commercial, Public, Experiential

Word-of-mouth

(16)

The Buyer Decision Process

• Need recognition

• Information search

• Evaluation of

alternatives

• Purchase decision

• Postpurchase behavior

Evaluation procedure

depends on the consumer and the buying situation. • Most buyers evaluate

multiple attributes, each of which is weighted

differently.

At the end of the

evaluation stage, purchase intentions are formed.

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The Buyer Decision Process

• Need recognition

• Information search

• Evaluation of alternatives

• Purchase decision

• Postpurchase behavior

Two factors intercede

between purchase intentions and the actual decision:

Attitudes of others

Unexpected situational factors

(18)

The Buyer Decision Process

• Need recognition

• Information search

• Evaluation of alternatives

• Purchase decision

• Postpurchase

behavior

Satisfaction is key:

Delighted consumers

engage in positive word-of-mouth.

Unhappy customers tell on average 11 other people. • It costs more to attract a

new customer than it does to retain an existing

customer

(19)

Buyer Decision Process for New

Products

Stages in the Adoption Process:

1. Awareness 2. Interest

3. Evaluation 4. Trial

(20)
(21)

Buyer Decision Process for New

Products

Product Characteristics

1. Relative Advantage 2. Compatibility

3. Complexity 4. Divisibility

(22)

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