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Analyzing Consumer
Mar kets




     Jerold I. Saddi
     April 26, 2012
Intr o

1. What Influences Consumer
  behavior?
2. What psychological process
  influence consumer behavior?
T hr ee Influences of
  Consumer Behavior
a. Cultural Factors



d. Social Factors



c. Personal Factors
A. Cultural Factor s

a. Nationalities
  E.G. American, Filipino, British

c. Religions
  Roman Catholic, Orthodox, Muslims,
d. Racial Groups
  E.G. Black, White, Asian
f. Geographic Regions
  a. Asia, America, UK etc.
Social Factor s

a. Reference Groups

b. Family

c. Social Roles

d. Statuses
b. Refer ence Gr oups

        Membership                  Primary



                     REFERENCE
                      GROUPS
                                        Secondary
Dissociative



                     Aspirational
Per sonal Factor s
                                            Personality
                               Occupation



   Age
                Life cycle
Wealth                                          Lifestyle

                      Values



     Self-concept
Psychological Pr ocess
MOTIVATION
    FREUD’S      MASLOW’S
    THEORY       HIERARCHY
                 OF NEEDS




HERZBERG’S 2
FACTOR THEORY
PERCEPTION
SELECTIVE
                          RETENTION




SELECTIVE    SUBLIMINAL
ATTENTION    PERCEPTION




SELECTIVE
DISTORTION
LEARNING
MEMORY
Anal yzing Consumer
Mar kets




Sherwin Labrador
 April 26, 2012
CONSUMER CHARACTERISTICS
                  Represented by Family



                        Parents/Personal




Grandparents/Cultural                      Siblings/Social
CONSUMER PSYCHOLOGY
   Represented by Friends, School, Organization, etc




Friends/Motivation                     School/Perception




Teacher/Learning                       Media/Memory
MODEL OF CONSUMER BEHAVIOR




                              Consumer Psychology




Marketing & other Stimuli                               Buying & Purchase Decision




                             Consumer Characteristics
Analyzing

Consumer Mar kets




    Tonet Viray
      April 27, 2012
O u t lin e :
 CHAPTER QUESTIONS
1.   HOW DO CONSUMER CHARACTERISTICS
     INFLUENCE BUYING BEHAVIOR?
2.   WHAT PSYCHOLOGICAL PROCESSES INFLUENCE
     CONSUMER RESPONSES TO THE MARKETING
     PROGRAM?
3.   HOW DO CONSUMER MAKE PURCHASING
     DECISIONS?
4.   HOW DO MARKETERS ANALYZE CONSUME
     DECISION MAKING
1. W hat influences
Consumer Behavior?

A) Cultural Facotrs

B) Social Factors




C) Personal Factors
A. Subcultures
A.1 NATIONALITIES



A.2 RELIGIONS



A.3 RACIAL GROUPS



A.4 GEOGRAPHIC REGIONS
B. Social Factor s
B.1 Reference groups


B.2 Family




B.3 Social


B.4 STATUS
B .1 REFERENCE GROUPS
1 MEMBERSHIP GROUPS

2 PRIMARY GROUP

3 SECONDARY GROUPS

4 ASPIRATIONAL

5 DISSOCIATIVE
C. PERSONAL FACTORS

                    AGE

SELF CONCEPT                  LIFE CYCLE
                                STAGE

LIFESTYLE                    OCCUPATION

VALUE          PERSONALITY      WEALTH
B R A N D P E R S O N A L IT Y


1. SINCERITY

3. EXCITEMENT

5. COMPETENCE

7. SOPHISTICATION

9. RUGGEDNESS
MODEL OF CONSUMER BEHAVIOR

             CONSUMER         PURCHASE
            PSCYHOLOGY        DECISION




MARKETING
 STIMULI                  BUYING
AND OTHER                DECISION
 STIMULI                 PROCESS
           CONSUMER
        CHARACTERISTICS
KEY PSYCHOLOGICAL
PROCESSES
MOTIVATION   PERCEPTION




 LEARNING     MEMORY
MOTIVATION

FREUD’S THEORY




 SUBCONSCIOUS MOTIVATIONS
MOTIVATION

MASLOW’S HIERARCHY OF NEEDS
MOTIVATION

HERZBERG’S TWO FACTOR THEORY




MOTIVATOR             HYGIENE
            FACTORS
PERCEPTION

SELECTIVE ATTENTION

SELECTIVE RETENTION

SELECTIVE DISTORTION

SUBLIMINAL PERCEPTION
CONSUMER BUYING
   PROCESS
PROBLEM RECOGNITION

INFORMATION SEARCH

EVALUATION

PURCHASE DECISION

POSTPURCHASE BEHAVIOR
SUCCESSIVE SETS INVOLVED
IN CONSUMER DECISION
MAKING
TOTAL SET

AWARENESS SET

CONSIDERATION SET

CHOICE SET

DECISION
perception
                                                                   Racial              Geographic
 motivation                 memory                       religions groups              regions
                                        nationalities

   learning       Key
                  Psychological
                  process
                                                             cultural
          membership
                                                         Consumer           Buying
     primary           Aspirational                      psychology         decision
                   dissociativ                 Marke                        process                        age
   secondary
                   e                           ting
                                                                                                                  Self-
Reference groups                               stimuli                                                            concept
family                                         and
                                               other
                                                       Consumer             Purchase                    Life cycle
                                                                            decision
                                               stimuli characteristics                                  stage
                                      social                                             personal

                             Social roles                                value
                             And statuses                                                   lifestyle
                                                                                                                 occupation

                                                                           personality
                                                                                                                  wealth
Gr oup 5



JEROLD I. SADDI
SHERWIN LABRADOR
MAYNARD ANTHONY CRUZ
MARY ANTONETTE VIRAY

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Analyzing consumer markets complete group5

  • 1. Analyzing Consumer Mar kets Jerold I. Saddi April 26, 2012
  • 2. Intr o 1. What Influences Consumer behavior? 2. What psychological process influence consumer behavior?
  • 3. T hr ee Influences of Consumer Behavior a. Cultural Factors d. Social Factors c. Personal Factors
  • 4. A. Cultural Factor s a. Nationalities E.G. American, Filipino, British c. Religions Roman Catholic, Orthodox, Muslims, d. Racial Groups E.G. Black, White, Asian f. Geographic Regions a. Asia, America, UK etc.
  • 5. Social Factor s a. Reference Groups b. Family c. Social Roles d. Statuses
  • 6. b. Refer ence Gr oups Membership Primary REFERENCE GROUPS Secondary Dissociative Aspirational
  • 7. Per sonal Factor s Personality Occupation Age Life cycle Wealth Lifestyle Values Self-concept
  • 9. MOTIVATION FREUD’S MASLOW’S THEORY HIERARCHY OF NEEDS HERZBERG’S 2 FACTOR THEORY
  • 11. SELECTIVE RETENTION SELECTIVE SUBLIMINAL ATTENTION PERCEPTION SELECTIVE DISTORTION
  • 14. Anal yzing Consumer Mar kets Sherwin Labrador April 26, 2012
  • 15. CONSUMER CHARACTERISTICS Represented by Family Parents/Personal Grandparents/Cultural Siblings/Social
  • 16. CONSUMER PSYCHOLOGY Represented by Friends, School, Organization, etc Friends/Motivation School/Perception Teacher/Learning Media/Memory
  • 17. MODEL OF CONSUMER BEHAVIOR Consumer Psychology Marketing & other Stimuli Buying & Purchase Decision Consumer Characteristics
  • 18. Analyzing Consumer Mar kets Tonet Viray April 27, 2012
  • 19. O u t lin e : CHAPTER QUESTIONS 1. HOW DO CONSUMER CHARACTERISTICS INFLUENCE BUYING BEHAVIOR? 2. WHAT PSYCHOLOGICAL PROCESSES INFLUENCE CONSUMER RESPONSES TO THE MARKETING PROGRAM? 3. HOW DO CONSUMER MAKE PURCHASING DECISIONS? 4. HOW DO MARKETERS ANALYZE CONSUME DECISION MAKING
  • 20. 1. W hat influences Consumer Behavior? A) Cultural Facotrs B) Social Factors C) Personal Factors
  • 21. A. Subcultures A.1 NATIONALITIES A.2 RELIGIONS A.3 RACIAL GROUPS A.4 GEOGRAPHIC REGIONS
  • 22. B. Social Factor s B.1 Reference groups B.2 Family B.3 Social B.4 STATUS
  • 23. B .1 REFERENCE GROUPS 1 MEMBERSHIP GROUPS 2 PRIMARY GROUP 3 SECONDARY GROUPS 4 ASPIRATIONAL 5 DISSOCIATIVE
  • 24. C. PERSONAL FACTORS AGE SELF CONCEPT LIFE CYCLE STAGE LIFESTYLE OCCUPATION VALUE PERSONALITY WEALTH
  • 25. B R A N D P E R S O N A L IT Y 1. SINCERITY 3. EXCITEMENT 5. COMPETENCE 7. SOPHISTICATION 9. RUGGEDNESS
  • 26. MODEL OF CONSUMER BEHAVIOR CONSUMER PURCHASE PSCYHOLOGY DECISION MARKETING STIMULI BUYING AND OTHER DECISION STIMULI PROCESS CONSUMER CHARACTERISTICS
  • 27. KEY PSYCHOLOGICAL PROCESSES MOTIVATION PERCEPTION LEARNING MEMORY
  • 30. MOTIVATION HERZBERG’S TWO FACTOR THEORY MOTIVATOR HYGIENE FACTORS
  • 32. CONSUMER BUYING PROCESS PROBLEM RECOGNITION INFORMATION SEARCH EVALUATION PURCHASE DECISION POSTPURCHASE BEHAVIOR
  • 33. SUCCESSIVE SETS INVOLVED IN CONSUMER DECISION MAKING TOTAL SET AWARENESS SET CONSIDERATION SET CHOICE SET DECISION
  • 34. perception Racial Geographic motivation memory religions groups regions nationalities learning Key Psychological process cultural membership Consumer Buying primary Aspirational psychology decision dissociativ Marke process age secondary e ting Self- Reference groups stimuli concept family and other Consumer Purchase Life cycle decision stimuli characteristics stage social personal Social roles value And statuses lifestyle occupation personality wealth
  • 35. Gr oup 5 JEROLD I. SADDI SHERWIN LABRADOR MAYNARD ANTHONY CRUZ MARY ANTONETTE VIRAY