Fueling A_B experiments with behavioral insights (1).pdf
Chapter5_1
1.
2. CONSUMER BEHAVIOUR
is the study of how individuals , groups, and
organisations select, buy, use, dispose of
goods, ideas, services to satisfy their needs
and wants
5. Culture
One’s value , norms, behaviour depends on it.
Values in U.S
Achievement,activity ,
efficiency, progress,
freedom,youthfulness
Values in INDIA
Respect, honesty,
integrity,compassion,
hard work.
6. Subcultures include nationalities, religions, racial groups and
geographic regions.
Wine is offered in Christians to god whereas its highly against the laws of Muslims.
7. Social Class members show distinct product and brand preferences
and also differ in media preferences.
Upper-class
consumers prefer
magazines, books,
news, drama
Lower- class
consumers prefer
TV,reality show and
sports.
10. REFERENCE GROUPS
Groups that have a direct or indirect influence on
person’s attitude and behaviour.
Groups having DIRECT INFLUENCE:
Groups having INDIRECT INFLUENCE:
11. Primary groups
More and informal
interacton
Such as- friends
,family,neighbors could
impact our choice
12. Secondary groups
Less & formal
interaction
Such as- professional groups
could also influence us
15. FAMILY
The most important consumer buying organization in society and
influences our choice to a great extent
Almost half of the
families have the
bank account in the
same bank as their
parents
16. Husband and wife
both are involved in
making expensive
product decisions
such as trips
Child’s wish
could even
make us do we
dislike
17. ROLES AND STATUS
Choices may vary with the roles and the status of one in the society
A company’s CEO would purchase a big luxurious car and an office clerk would be
satisfied with a small car
22. ECONOMIC CIRCUMSTANCES
Desires change according to the financial condition we are in.
A rich person would buy a bigger house then the person
whose financial condition is not good
25. 1. CULTURAL
• Culture
• Subculture
• Social
2. SOCIAL
• Reference
Groups
• Family
• Roles &
Status
3. PERSONAL
• Age & Stage
• Occupation
& Economic
Conditions
• Personality
• Lifestyle