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Consumer Behaviour




Presentation by:
Nabendu Paul (M120006MS)
Definitions

• Customer
  Example: Buyer

• Consumer
  End User of the Service or the Product

• Behaviour
  Act of doing things in a particular way
Buying Decision Process
•   Problem Recognition
•   Information Search
•   Evaluation of Alternatives
•   Purchase Decision
•   Post Purchase Behaviour

      Brand, Dealer, Quantity , Timing &
    Payment Method
Factors Affecting Consumer Behaviour


• Cultural Factors like values, external
  comfort,    activity, success     and
  achievement.

      Sub-Cultural factors like nationality,
 religion,   racial     groups,  geographic
 locations will affect consumer behaviour.
Factors Affecting Consumer Behaviour
• Social Factors
 (I) Reference Groups play an important role
     (a) Membership Groups
     - Primary (Family, Friend, Neighbours,    Co-workers)
    Family of Orientation (Religion, Politics, Economics, Personal
  Ambition) & Family of Procreation (Food, Clothing, Cars, House,
  Vacation)

      - Secondary-(Religion, Professional, Trade Union)
      (b) Aspirational Groups
      (c) Dissociative Groups
(II) Roles & Status
Factors Affecting Consumer Behaviour
• Personal Factors
  - Age (Food, clothing, re-creation)
    -Stage of Life (Marriage, Childbirth,     Relocation, Illness,
  Career Change)

    -Occupation           (Spendable Income, Assets and savings,
  borrowing power, attitude towards spending and saving)

      -Personality(self      confidence, dominance, autonomy,
  deference, sociability)

  -Self Concept (self image & self monitors)
  -Life Style & Values(Activities, Interests, Opinions)
Theories for Consumer Behaviour

• Freud’s Theory

   Market Stimuli+ other Stimuli affect the consumer
 psychology (motivation, perception, learning, memory) &
 consumer characteristics(social, cultural & personal)
 which further affects the buying decision process of a
 product or service.
Maslow’s Hierarchy of Needs
• Physiological Needs         (Food, water & Shelter)


• Safety Needs (Security & Protection)

• Social Needs (Sense of belongingness)

• Esteem Needs (Recognition, status, self esteem)

• Self Actualization Needs (Self Development & Self
  Realisation)
Herzberg’s Theory
• Two factor theory of dissatisfier and
  satisfier.

• Avoid dissatisfiers.

• Select major satisfiers and supply them.
Expectancy Value Model
Items                                  Attributes

        Memory Capacity      Graphics Capability   Size and weight   Price

A             8                   9                    6              9

B             7                   7                     7             7

C             10                   4                    3             2

D             5                     3                   8             5
Computer A= 0.4(8)+0.3(9) +0.2(6)+0.1(9)=8.0
Computer B= 0.4(7)+0.3(7) +0.2(7)+0.1(7)=7.0
Computer C= 0.4(10)+0.3(4) +0.2(3)+0.1(2)=6.0
Computer D= 0.4(5)+0.3(3) +0.2(8)+0.1(5)=5.0
Post Purchase Behaviour
Post Purchase Satisfaction

Post Purchase Actions

Post Purchase Use and Disposals
Other types of Behaviour


Low Involvement Marketing Strategy

Variety Seeking Buyer Behaviour

Intervening factors- attitude of others
Thank you

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Consumer behaviour

  • 2. Definitions • Customer Example: Buyer • Consumer End User of the Service or the Product • Behaviour Act of doing things in a particular way
  • 3. Buying Decision Process • Problem Recognition • Information Search • Evaluation of Alternatives • Purchase Decision • Post Purchase Behaviour Brand, Dealer, Quantity , Timing & Payment Method
  • 4. Factors Affecting Consumer Behaviour • Cultural Factors like values, external comfort, activity, success and achievement. Sub-Cultural factors like nationality, religion, racial groups, geographic locations will affect consumer behaviour.
  • 5. Factors Affecting Consumer Behaviour • Social Factors (I) Reference Groups play an important role (a) Membership Groups - Primary (Family, Friend, Neighbours, Co-workers) Family of Orientation (Religion, Politics, Economics, Personal Ambition) & Family of Procreation (Food, Clothing, Cars, House, Vacation) - Secondary-(Religion, Professional, Trade Union) (b) Aspirational Groups (c) Dissociative Groups (II) Roles & Status
  • 6. Factors Affecting Consumer Behaviour • Personal Factors - Age (Food, clothing, re-creation) -Stage of Life (Marriage, Childbirth, Relocation, Illness, Career Change) -Occupation (Spendable Income, Assets and savings, borrowing power, attitude towards spending and saving) -Personality(self confidence, dominance, autonomy, deference, sociability) -Self Concept (self image & self monitors) -Life Style & Values(Activities, Interests, Opinions)
  • 7. Theories for Consumer Behaviour • Freud’s Theory Market Stimuli+ other Stimuli affect the consumer psychology (motivation, perception, learning, memory) & consumer characteristics(social, cultural & personal) which further affects the buying decision process of a product or service.
  • 8. Maslow’s Hierarchy of Needs • Physiological Needs (Food, water & Shelter) • Safety Needs (Security & Protection) • Social Needs (Sense of belongingness) • Esteem Needs (Recognition, status, self esteem) • Self Actualization Needs (Self Development & Self Realisation)
  • 9. Herzberg’s Theory • Two factor theory of dissatisfier and satisfier. • Avoid dissatisfiers. • Select major satisfiers and supply them.
  • 10. Expectancy Value Model Items Attributes Memory Capacity Graphics Capability Size and weight Price A 8 9 6 9 B 7 7 7 7 C 10 4 3 2 D 5 3 8 5 Computer A= 0.4(8)+0.3(9) +0.2(6)+0.1(9)=8.0 Computer B= 0.4(7)+0.3(7) +0.2(7)+0.1(7)=7.0 Computer C= 0.4(10)+0.3(4) +0.2(3)+0.1(2)=6.0 Computer D= 0.4(5)+0.3(3) +0.2(8)+0.1(5)=5.0
  • 11. Post Purchase Behaviour Post Purchase Satisfaction Post Purchase Actions Post Purchase Use and Disposals
  • 12. Other types of Behaviour Low Involvement Marketing Strategy Variety Seeking Buyer Behaviour Intervening factors- attitude of others