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Quarantine Lectures
Crash Course: Marketing
By
Saddam Siddiqui
Quarantine Crash Course: Marketing By: Saddam Siddiqui
Lecture # 9: Understanding
Consumer Behavior
Quarantine Crash Course: Marketing
By: Saddam Siddiqui
Quarantine Crash Course: Marketing By: Saddam Siddiqui
Agenda
• Definition of Consumer Behaviour
• Factors influencing Consumer Behaviour
• Cultural Factors
• Social Factors
• Personal Factors
Quarantine Crash Course: Marketing By: Saddam Siddiqui
What influence Consumer Behaviour?
• Consumer behaviour is the study of how individuals, groups and
organizations select, buy, use and dispose of goods, services, ideas or
experiences to satisfy their needs and wants.
• The following factors influences Consumer Behaviour:
Cultural
Factors
Social
Factors
Personal
Factors
Cultural Factors
• Culture is the fundamental determinant of a person’s wants and
behaviour.
• Culture consists of Sub Cultures that provides more specific
identification and socialization for members.
• All human societies exhibit social stratification, most often in the form
of social classes, relatively homogenous and enduring divisions in a
society.
Social Factors
Reference
Groups
• All groups that have direct or indirect influence on their behaviour or attitude
• Primary Groups, Secondary Group, Associative Group, Dissociative Group, Opinion Leader
Cliques
• Cliques are small group whose member interacts frequently
Family
• Family of Orientation (parents and siblings)
• Family of Procreation (person’s spouse and children)
Role and
Status
• Role consists of activities a person is expected to perform
• Each role in turn connotes a status
Personal Factors
Age and Stage in the Life
Cycle
• Family Life Cycle
• Psychological Life Cycle
• Critical Life Events and
Transitions
Occupation and Economic
Circumstances
• Occupational Groups
• Spendable Income
• Saving and Assets
• Debts and Borrowing
Power
Personality and Self-
Concept
• Personality Traits: Self-
Confidence,
Dominance, Autonomy,
Deference, Sociability,
Defensiveness and
Adaptability.
• Brand Personality:
Sincerity, Excitement,
Competence,
Sophistication,
Ruggedness
• Actual Self, Ideal Self
and Other’s self
confidence
Life Style and Values
• Life style is the pattern
of living in the world as
expressed in activities,
interest and opinions
• Multitasking: Doing one
or two things at same
time.

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Quarantine Crash Course Marketing Lecture on Consumer Behavior

  • 1. Quarantine Lectures Crash Course: Marketing By Saddam Siddiqui Quarantine Crash Course: Marketing By: Saddam Siddiqui
  • 2. Lecture # 9: Understanding Consumer Behavior Quarantine Crash Course: Marketing By: Saddam Siddiqui Quarantine Crash Course: Marketing By: Saddam Siddiqui
  • 3. Agenda • Definition of Consumer Behaviour • Factors influencing Consumer Behaviour • Cultural Factors • Social Factors • Personal Factors Quarantine Crash Course: Marketing By: Saddam Siddiqui
  • 4. What influence Consumer Behaviour? • Consumer behaviour is the study of how individuals, groups and organizations select, buy, use and dispose of goods, services, ideas or experiences to satisfy their needs and wants. • The following factors influences Consumer Behaviour: Cultural Factors Social Factors Personal Factors
  • 5. Cultural Factors • Culture is the fundamental determinant of a person’s wants and behaviour. • Culture consists of Sub Cultures that provides more specific identification and socialization for members. • All human societies exhibit social stratification, most often in the form of social classes, relatively homogenous and enduring divisions in a society.
  • 6. Social Factors Reference Groups • All groups that have direct or indirect influence on their behaviour or attitude • Primary Groups, Secondary Group, Associative Group, Dissociative Group, Opinion Leader Cliques • Cliques are small group whose member interacts frequently Family • Family of Orientation (parents and siblings) • Family of Procreation (person’s spouse and children) Role and Status • Role consists of activities a person is expected to perform • Each role in turn connotes a status
  • 7. Personal Factors Age and Stage in the Life Cycle • Family Life Cycle • Psychological Life Cycle • Critical Life Events and Transitions Occupation and Economic Circumstances • Occupational Groups • Spendable Income • Saving and Assets • Debts and Borrowing Power Personality and Self- Concept • Personality Traits: Self- Confidence, Dominance, Autonomy, Deference, Sociability, Defensiveness and Adaptability. • Brand Personality: Sincerity, Excitement, Competence, Sophistication, Ruggedness • Actual Self, Ideal Self and Other’s self confidence Life Style and Values • Life style is the pattern of living in the world as expressed in activities, interest and opinions • Multitasking: Doing one or two things at same time.