The document discusses key aspects of understanding consumer behavior through market research. It covers conducting market research to understand who consumers are, what they want, and how to reach them. Traditional types of market research like desk research, field research, and data consulting from companies like Nielsen and GfK are described. The document then covers factors that influence consumer decision making like culture, social influences, personal factors and mental processes. It outlines the consumer's purchase decision process from recognizing a problem, gathering information, evaluating alternatives, and making a final choice.
5. Traditional types of market research
›Desk research
›Field research, eg. questionnaires
›Data consulting
6. The Nielsencorporation (AC Nielsen)
›Reliable and objective information on the impact of marketing and sales programs
›Nielsen ratings: system that measures television, radio and newspaper audiences in their respective media markets
›Homescanprogram: sample members track and report all grocery and retail purchases, allowing purchasing patterns to be related to household demographics
16. Stimuli:
›Something that causes a physiological or psychological response
›Can be marketing input
›Or different input
17. Black box:
›The processof decisionmaking in the mind of the consumer
›Processing stimuli
›Influencedby:
Mentalprocesses
Exogenousvariables (fromoutside)
25. Which cultural, social and personal
factors can have an influence on a
person’s idea to buy home cinema
system?
Make a list of all relevant factors and
explain
52. Finalchoice=> purchase
›Routine purchase?
›Limited decisionprocess?
›Extended decisionprocess?
›Muchdependson the type of process
›Andon rationalelements(eg. price)
›Andon emotionalelements(eg. design)