Consumer behaviour
and its influences +
Cristian Rodriguez
Consumer Behaviour
Consumer behaviour can be described as a person
involved in the global market, and their thought
process behind buying a specific product and the
influences around them in which it led them to buy
that product in the end. Understanding why a
product was appealing to the consumer and how
to maintain it.
The buyer decision
process
This details the decision-making
process used by consumers regarding
the market transactions before,
during, and after the purchase of a
good or service.
Step by step
-Problem recognition:
Recognizes the need
for a service or product
-Information search:
Gathers information
-Alternatives
evaluation: Weighs
choices against
comparable
alternatives
-Purchase decision:
Makes actual purchase
-Post-purchase
evaluation: Reflects on
the purchase they
made
What do marketers need to know
before creating and marketing a
product?
-The target market
-Area of operation
-Consumer Culture in
Area
-Social factors
1. Steps in the consumer
behaviour process
➔ Fix the product
What's wrong with the product,
conduct test groups, see how
consumers receive product
➔ Re-introduce to market
Give people a reason to care for the
product after the improvements
➔ Assess progress
Are the changes helping to sell?
➔ Focus on consumers reaction
Influences in consumer
behaviour
Consumers can be persuaded to buy products based on a
number of factors. The ability of a marketer to identify those
influences and use it to their advantage to create a sensible
marketing plan.
2. Examples
Celebrities/social media
Many individuals look to social media and
their idols on what product they use or
support to narrow what product to use.
➔ Culture
Someone's race, ethnicity or
background can influence themselves
more on a product if similar cultures
are at place.
➔ Personal Circle
A person's family or friends can
influence someone the most when
looking to buy something.
Consumer
Involvement
There are three different levels of
involvement the consumer will go
through when the buying products:
routine, limited and extensive. Firms
have to evaluate which factor the
consumer falls under in order to
evaluate the marketing
communication strategy.
3 types of
consumers
Routine - usually with
low cost items
Limited - More involved
decision making
Extensive - Usually for
high cost items, high
level of decision making
Quotes from expert marketers on
consumer behaviour
“The best way to help your
consumers with your business is
to treat your employees right so
they give better customer service,
empower them so they can
provide faster solutions, and to
treat your vendors and partners
fairly and with respect so they can
continually provide the best
product and services to their
ability. - Strong by Kailin Gow”
― Kailin Gow
“The more a certain product
activates the reward center
with its unique characteristics
or its predominant social
stature, the more that product
gets chiseled into the long-
term memory of the consumer,
making it a fundamental part
of the individual's
psychological well being.”―
Abhijit Naskar
Utilising all factors of consumer behaviour
benefits both the firm and consumer when
putting it all together and working with the
consumer to help them evaluate all their needs
and find a solution through the decision making
process and techniques.
Tip
Understanding the
market and consumer
thoroughly will make it
user to build a
marketing plan for the
future with different
types of consumers

Consumer Behavior

  • 1.
    Consumer behaviour and itsinfluences + Cristian Rodriguez
  • 2.
    Consumer Behaviour Consumer behaviourcan be described as a person involved in the global market, and their thought process behind buying a specific product and the influences around them in which it led them to buy that product in the end. Understanding why a product was appealing to the consumer and how to maintain it.
  • 3.
    The buyer decision process Thisdetails the decision-making process used by consumers regarding the market transactions before, during, and after the purchase of a good or service. Step by step -Problem recognition: Recognizes the need for a service or product -Information search: Gathers information -Alternatives evaluation: Weighs choices against comparable alternatives -Purchase decision: Makes actual purchase -Post-purchase evaluation: Reflects on the purchase they made
  • 4.
    What do marketersneed to know before creating and marketing a product? -The target market -Area of operation -Consumer Culture in Area -Social factors
  • 5.
    1. Steps inthe consumer behaviour process ➔ Fix the product What's wrong with the product, conduct test groups, see how consumers receive product ➔ Re-introduce to market Give people a reason to care for the product after the improvements ➔ Assess progress Are the changes helping to sell? ➔ Focus on consumers reaction
  • 6.
    Influences in consumer behaviour Consumerscan be persuaded to buy products based on a number of factors. The ability of a marketer to identify those influences and use it to their advantage to create a sensible marketing plan.
  • 7.
    2. Examples Celebrities/social media Manyindividuals look to social media and their idols on what product they use or support to narrow what product to use. ➔ Culture Someone's race, ethnicity or background can influence themselves more on a product if similar cultures are at place. ➔ Personal Circle A person's family or friends can influence someone the most when looking to buy something.
  • 8.
    Consumer Involvement There are threedifferent levels of involvement the consumer will go through when the buying products: routine, limited and extensive. Firms have to evaluate which factor the consumer falls under in order to evaluate the marketing communication strategy. 3 types of consumers Routine - usually with low cost items Limited - More involved decision making Extensive - Usually for high cost items, high level of decision making
  • 9.
    Quotes from expertmarketers on consumer behaviour “The best way to help your consumers with your business is to treat your employees right so they give better customer service, empower them so they can provide faster solutions, and to treat your vendors and partners fairly and with respect so they can continually provide the best product and services to their ability. - Strong by Kailin Gow” ― Kailin Gow “The more a certain product activates the reward center with its unique characteristics or its predominant social stature, the more that product gets chiseled into the long- term memory of the consumer, making it a fundamental part of the individual's psychological well being.”― Abhijit Naskar
  • 10.
    Utilising all factorsof consumer behaviour benefits both the firm and consumer when putting it all together and working with the consumer to help them evaluate all their needs and find a solution through the decision making process and techniques. Tip Understanding the market and consumer thoroughly will make it user to build a marketing plan for the future with different types of consumers