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INTRODUCTION
Consumers are individuals, households or businesses who use the products. The characteristics of consumers are different in different countries. Hence, marketers must understand the needs and buying behavior of consumers before developing product and marketing program.
Consumer Buying Behaviour refers to the buying behaviour of final consumers individuals & households who buy goods and services for personal consumption. The buyer may not be the ultimate consumer. The central question for marketers is: How do consumers respond to various marketing efforts the company might use?
Social Class
Societys relatively permanent & ordered divisions whose members share similar values, interests, and behaviours. Measured by: Occupation, Income, Education, Wealth and Other Variables.
Membership groups Reference groups Aspirational groups Family Husband, wife, kids Influencer, buyer, user
Social Factors
Personal Influences
Age and Life Cycle Stage Economic Situation Personality & Self-Concept
Occupation
Lifestyle Identification
Activities
Interests
Opinions
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Motivation
Perception
INFORMATION SEARCH
EVALUATION OF ALTERNATIVES
PURCHASE DECISION