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S. Uditha Bandara
B.B.Mgt (special) Marketing honor, MBA (PIM, Sjpur)
Senior Lecturer
Consumer ???
BUYER BEHAVIOR IN CONSUMER MARKET
Norman Douglas (1917) a writer
“You can tell the ideals of a
nation by its advertisements”
Model of consumer behavior
Other
stimuli
Political
Economic
Social
Cultural
Marketing
stimuli
Product
Price
Place
Promotion
Buyer
Decision
Process
Need
Recognition
Information
Search
Evaluation
alternatives
Purchasing
decision
Post purchase
behavior
Buyer‘s
Characteri
stics
Cultural
Social
Personal
Psychologi
cal
Buyer
decision
Product
choice
Brand
choice
Dealer
choice
Purchase
time
Purchase
amount
STIMULUS RESPOND MODEL
THE MAJOR FACTORS EFFECT ON CONSUMER BEHAVIOR
Buyer’s characteristics or factors influencing buying
behavior
Psychological Factors
Motivation
Perception
Learning
Believes
attitudes
Personal factors
Age& stage in the life cycle
Occupation
Economic Circumstances
Life style, Personality ,self concept
Social Factors
Reference Group
Family
Roles & Status
Cultural Factors
Culture
Subculture
Social Class
(1) Cultural Factors
1.1 Culture
• Way of doing things
• Clothing and Food
1.2 Sub culture
• Way of doing things
• University subculture, Religion subculture
1.2 Social class
• Relatively homogeneous and enduring in the society
• Upper class, Middle class, Lower class
(2) Social Factors
2.1 Reference Groups
• Membership Groups – Family , Friends, relatives
• Secondary Groups - Religion groups, professionals, trade
unions
• Aspiration groups
• Disassociate groups
2.2 Family
2.3 Roles and Status
Eg: Family, Business organizations, Clubs, Unions
3) Personal Factors
3.1 Age & Stages of Life cycle
• Bachelor Stage-Unmarried person
• Newly married stage-Young couple without children
• Full nest one-Youngest child below 6 years old
• Full nest two-youngest child 6 years or over
• Full nest Three –Old couple with depended children
• Empty nest one-Older couple, No children living with them
• Empty nest two- Older children, not living with parents, Head of
the household retired.
• Solitary survivor – (In labor force)-One person in the household,
still included to the labor force
• Solitary Survivor (retired)
3.2 Occupation and Economic circumstances
3.3 Life style
3.4 Personality and Self concept
 Actual self concept.- How he or she view her/him self
 Ideal self concept – How he would like to see him self
 Other selves concept – How he thinks about others
(4) Psychological Factors
4.1 Motivation
4.2 Perception
• Select, organize and interpret information to create a meaningful
picture about the world.
4.3 Learning
• Learning is individual’s behavior arising from the experience.
4.1 Beliefs and attitudes
• Thought that person hold about something.
WHO MAKES BUYING DECISION
• Initiator – Person who make the first decision
to buy something.
• Influencer- Person who influence or advise the
initiator.
• Decider – Person who decide to buy.
• Buyer – Person who purchase the product
• User – Person who consume the product
Department of Marketing Management – University of Kelaniya – Sri Lanka
TYPES OF BUYING BEHAVIORS
Department of Marketing Management – University of Kelaniya – Sri Lanka
Complex
Buying
Behavior
Computer, Vehicle
Variety Seeking
Buying Behavior
Chocolate
Dissonance Reducing
buying behavior
Carpeting
Habitual Buying
Behavior
Salt
Significance
Differences
Among Brands
Consumer Involvement
High
High
Low
Low
STAGES OF BUYING DECISION PROCESS
Department of Marketing Management – University of Kelaniya – Sri Lanka
Post
Purchase
behavior
Information
Search
Evaluating
Alternatives
Purchase
Decision
Need
/Problem
Recognition
BUYING DECISION PROCESS OF NEW PRODUCTS
 Awareness - Consumer become aware of the product
 Interest - Seek information about the new product
 Evaluation - Evaluate new product with the existing brand categories
 Trial - Try out new product in small scale to evaluate
 Adoption - Consumers decide to make full and regular use.
Department of Marketing Management – University of Kelaniya – Sri Lanka
Innovators Early Adopters Early Majority Late Majority Laggards
2.5 % 13.5 % 34 % 34 % 16 %

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3.pptx

  • 1. S. Uditha Bandara B.B.Mgt (special) Marketing honor, MBA (PIM, Sjpur) Senior Lecturer
  • 3. BUYER BEHAVIOR IN CONSUMER MARKET
  • 4. Norman Douglas (1917) a writer “You can tell the ideals of a nation by its advertisements”
  • 5. Model of consumer behavior Other stimuli Political Economic Social Cultural Marketing stimuli Product Price Place Promotion Buyer Decision Process Need Recognition Information Search Evaluation alternatives Purchasing decision Post purchase behavior Buyer‘s Characteri stics Cultural Social Personal Psychologi cal Buyer decision Product choice Brand choice Dealer choice Purchase time Purchase amount STIMULUS RESPOND MODEL
  • 6. THE MAJOR FACTORS EFFECT ON CONSUMER BEHAVIOR Buyer’s characteristics or factors influencing buying behavior Psychological Factors Motivation Perception Learning Believes attitudes Personal factors Age& stage in the life cycle Occupation Economic Circumstances Life style, Personality ,self concept Social Factors Reference Group Family Roles & Status Cultural Factors Culture Subculture Social Class
  • 7. (1) Cultural Factors 1.1 Culture • Way of doing things • Clothing and Food 1.2 Sub culture • Way of doing things • University subculture, Religion subculture 1.2 Social class • Relatively homogeneous and enduring in the society • Upper class, Middle class, Lower class
  • 8. (2) Social Factors 2.1 Reference Groups • Membership Groups – Family , Friends, relatives • Secondary Groups - Religion groups, professionals, trade unions • Aspiration groups • Disassociate groups 2.2 Family 2.3 Roles and Status Eg: Family, Business organizations, Clubs, Unions
  • 9. 3) Personal Factors 3.1 Age & Stages of Life cycle • Bachelor Stage-Unmarried person • Newly married stage-Young couple without children • Full nest one-Youngest child below 6 years old • Full nest two-youngest child 6 years or over • Full nest Three –Old couple with depended children • Empty nest one-Older couple, No children living with them • Empty nest two- Older children, not living with parents, Head of the household retired. • Solitary survivor – (In labor force)-One person in the household, still included to the labor force • Solitary Survivor (retired) 3.2 Occupation and Economic circumstances 3.3 Life style 3.4 Personality and Self concept  Actual self concept.- How he or she view her/him self  Ideal self concept – How he would like to see him self  Other selves concept – How he thinks about others
  • 11.
  • 12. 4.2 Perception • Select, organize and interpret information to create a meaningful picture about the world. 4.3 Learning • Learning is individual’s behavior arising from the experience. 4.1 Beliefs and attitudes • Thought that person hold about something.
  • 13. WHO MAKES BUYING DECISION • Initiator – Person who make the first decision to buy something. • Influencer- Person who influence or advise the initiator. • Decider – Person who decide to buy. • Buyer – Person who purchase the product • User – Person who consume the product Department of Marketing Management – University of Kelaniya – Sri Lanka
  • 14. TYPES OF BUYING BEHAVIORS Department of Marketing Management – University of Kelaniya – Sri Lanka Complex Buying Behavior Computer, Vehicle Variety Seeking Buying Behavior Chocolate Dissonance Reducing buying behavior Carpeting Habitual Buying Behavior Salt Significance Differences Among Brands Consumer Involvement High High Low Low
  • 15. STAGES OF BUYING DECISION PROCESS Department of Marketing Management – University of Kelaniya – Sri Lanka Post Purchase behavior Information Search Evaluating Alternatives Purchase Decision Need /Problem Recognition BUYING DECISION PROCESS OF NEW PRODUCTS  Awareness - Consumer become aware of the product  Interest - Seek information about the new product  Evaluation - Evaluate new product with the existing brand categories  Trial - Try out new product in small scale to evaluate  Adoption - Consumers decide to make full and regular use.
  • 16. Department of Marketing Management – University of Kelaniya – Sri Lanka Innovators Early Adopters Early Majority Late Majority Laggards 2.5 % 13.5 % 34 % 34 % 16 %