4. REFERENCE GROUPS ARE
ALL GROUPS THAT HAVE EITHER
A DIRECT OR AN INDIRECT
EFFECT IN THE CONSUMER
BEHAVIOUR OR ATTITUDES
5. REFERENCE GROUPS INFLUENCE CONSUMERS IN AT LEAST 3
WAYS:
Expose individuals to new behaviours and lifestyle
Influence attitudes and self-concept
Create pressures for conformity
19. PERSONALITY AND SELF CONCEPTS WHICH
INFLUENCE BUYING BEHAVIOURS,BY ALLOWING THE
PERSON TO RELATE THE PRODUCT TO HIS OR HER OWN
PERSONAL TRAITS
AMERICAN BRAND
PERSONALITIES AND TRAITS
SINCERITY
EXCITEMENT
COMPETENCE
SOPHISTICATION
RUGGEDNESS
SPANISH BRAND
PERSONALITIES AND TRAITS
SINCERITY
EXCITEMENT
COMPETENCE
PASSION
PEACEFULNESS
20.
21. CREATED BY DEEPTISH MUKHERJEE OF
JADAVPUR UNIVERSITY DURING AN
INTERNSHIP BY PROF. SAMEER MATHUR
OF IIM LUCKNOW
www.IIMInternship.com