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Business Marketing


          CONSUMER
           BEHAVIOR
Consumer Behavior



  Consumer Behavior involves the use and disposal of products as well
  as the study of how they are purchase.
What is Consumer Behavior
 How consumers think, feel, reason, and select between different choices,
 brands, and products.


 How the consumer is influenced by his or her environment e.g., culture,
 family, signs, media.


 How consumer motivation and decision strategies differ between
 products that differ in their level of importance or interest that they entail
 for the consumer
Behavior


Behavior occurs for the individual a group (e.g., friends
influence what kinds of clothes a person wears)


Business people on the job make decisions as to which products
the firm should use.
Marketing Strategy


Consumers are more receptive to food advertising when they are
hungry.
The introduction of new products must be well financed so that they can
stay afloat until their products are profitable.
It is important to stratify new customers, since they will influence many
of their peers and customers’ brand choices.
Social Marketing



Involves getting information to consumers rather than selling something
Culture

Culture is something that is learned rather than instinctive.


Conscious awareness of cultural standards


Warning about stereotyping


Often significant individual differences within cultures.
Decision Making

Problem Recognition


Information Search


Evaluation of Alternatives


Purchase Stage


Post-Purchase Stage.
Decision Making

Consumer Involvement


Compensatory Decision


Variety Seeking


Impulse purchases
Extensive Decision
             Making

Products may be new


Expensive


Complex


Important to consumer
Decision Making

Whether to buy


Which product to buy


Which brand to buy

Where to buy it


When to buy
Informational
                  Search

Internal and External


Competitors

Complexity of the product
Group Influence

Inspirational Reference


Associative Reference


Dissociative Reference


Primary Reference


Secondary Reference
Mallows Hierarchy
           Of Needs
Physiological Needs


Safety & Security Needs


Social Needs


Ego Needs


Self actualization Needs
Hierarchy Of
                   Needs

Goods have different consumer priority, their position in hierarchy
corresponds to their priority
Needs cyclically arise in every period as a demand for specific types of
good
Consumer satisfies her needs starting with prime one and moving down
the hierarchy
If a consumer cannot satisfy her need due to slack of good in the
market, she will accumulate this need for the next period.
Bases Of
               Segmentation

Geographic :Nations, regions, states


Demographic :Age, gender, family size, income


Psychographic :Social class, lifestyle, personality, AIO inventories


Behavioral :Usage rate, occasion for use, benefits,loyalty
Lifestyle Sel-
                     Concept

Lifestyle: pattern of living


Self-concept: -- buy a product because“it’s me!”


Branding and Self-Concept
Mohanad Mohammed
Business Consultant

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Consumer Behavoir

  • 1. Business Marketing CONSUMER BEHAVIOR
  • 2.
  • 3. Consumer Behavior Consumer Behavior involves the use and disposal of products as well as the study of how they are purchase.
  • 4. What is Consumer Behavior How consumers think, feel, reason, and select between different choices, brands, and products. How the consumer is influenced by his or her environment e.g., culture, family, signs, media. How consumer motivation and decision strategies differ between products that differ in their level of importance or interest that they entail for the consumer
  • 5. Behavior Behavior occurs for the individual a group (e.g., friends influence what kinds of clothes a person wears) Business people on the job make decisions as to which products the firm should use.
  • 6. Marketing Strategy Consumers are more receptive to food advertising when they are hungry. The introduction of new products must be well financed so that they can stay afloat until their products are profitable. It is important to stratify new customers, since they will influence many of their peers and customers’ brand choices.
  • 7. Social Marketing Involves getting information to consumers rather than selling something
  • 8. Culture Culture is something that is learned rather than instinctive. Conscious awareness of cultural standards Warning about stereotyping Often significant individual differences within cultures.
  • 9. Decision Making Problem Recognition Information Search Evaluation of Alternatives Purchase Stage Post-Purchase Stage.
  • 10. Decision Making Consumer Involvement Compensatory Decision Variety Seeking Impulse purchases
  • 11. Extensive Decision Making Products may be new Expensive Complex Important to consumer
  • 12. Decision Making Whether to buy Which product to buy Which brand to buy Where to buy it When to buy
  • 13. Informational Search Internal and External Competitors Complexity of the product
  • 14. Group Influence Inspirational Reference Associative Reference Dissociative Reference Primary Reference Secondary Reference
  • 15. Mallows Hierarchy Of Needs Physiological Needs Safety & Security Needs Social Needs Ego Needs Self actualization Needs
  • 16. Hierarchy Of Needs Goods have different consumer priority, their position in hierarchy corresponds to their priority Needs cyclically arise in every period as a demand for specific types of good Consumer satisfies her needs starting with prime one and moving down the hierarchy If a consumer cannot satisfy her need due to slack of good in the market, she will accumulate this need for the next period.
  • 17. Bases Of Segmentation Geographic :Nations, regions, states Demographic :Age, gender, family size, income Psychographic :Social class, lifestyle, personality, AIO inventories Behavioral :Usage rate, occasion for use, benefits,loyalty
  • 18. Lifestyle Sel- Concept Lifestyle: pattern of living Self-concept: -- buy a product because“it’s me!” Branding and Self-Concept