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CONSUMER BEHAVIOUR
Course Objectives
• Introduction to tools and frameworks for
understand the behavioural basis of
marketing
• Using insights to drive marketing decisions
Pedagogy
• Cases
• Simulations
• Guest lecture
• Theory
Modules
• Segmentation
– simulation
• Buyer characteristics and decision process
• Neuro-marketing
– Visual imaging lab
• Pricing
• Presentations
Evaluation Components
• Class Participation 10%
• In-class evaluation 20%
• Individual Assignment 30%
• End term 40%
• What is the significance of learning about
consumer behaviour ?
• What would you like to learn from the
course?
Morgan Stanley (2005) –
Private consumption accounts for 64% of
GDP
(Euro – 58%, China – 42%)
Food and Bev 71
Transport 27
Housing and utilities 20
Personal products and services (4) 12
Healthcare (3) 11
Apparel 9
Education (2) 7
Household products 5
Communication (1) 3
ENVIRONMENTAL
FACTORS
BUYERS BLACK BOX BUYERS
RESPONSE
Marketing
Stimuli
Environment
al Stimuli
Buyer
Characteristic
s
Decision Process
Product
Price
Place
Promotion
Economic
Technological
Political
Cultural
Demographic
Natural
Attitudes
Motivation
Perceptions
Personality
Lifestyle
Knowledge
Problem recognition
Information search
Alternative evaluation
Purchase decision
Post-purchase
behaviour
Product choice
Brand choice
Dealer choice
Purchase timing
Purchase
amount
Culture
Tupperware
• New designs
• New material – from polypropylene to
melamine and polycarbonate
Kellogg
HUL –Annapurna Chapati
Organised restaurant sector
Category Leaders Mkt share
Cafe CCD (1500), Barista (150)
Quick
Service
Pizza Hut (260) Moti Mahal
(100)
Fast Food Dominos (552), Subway (344)
Fine
Dining
Great Kabab Factory (16) ,
Mainland China (50)
Organised restaurant sector
Category Leaders Mkt share
Cafe CCD (1500), Barista (150) 8%
Quick
Service
Pizza Hut (260) Moti Mahal
(100)
30%
Fast Food Dominos (552), Subway (344) 40%
Fine
Dining
Great Kabab Factory (16) ,
Mainland China (50)
15%
Newspapers
Agrowon –
• India’s first agriculture daily
• Highest views amongst Marathi language
sites
• Part of the Sakal media group
Noodle wars
• From 1300 cr to 3000 cr in 2015
• Maggi introduced in 1984, has dropped
from 90% to 85%
• Top Ramen, Ching’s Secret, Horlicks
Foodles, Knorr Soupy, Yippee, Tasty Treat
The Indian Consumer
McKinsey Household Classification(2007)
1.Global Indians (10 l +)
2.Strivers (5 – 10 l)
3.Seekers (2 – 5 l)
4.Aspirers (1 – 2 l)
5.Deprived (- 1 l )

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Cb intro

  • 2. Course Objectives • Introduction to tools and frameworks for understand the behavioural basis of marketing • Using insights to drive marketing decisions
  • 3. Pedagogy • Cases • Simulations • Guest lecture • Theory
  • 4. Modules • Segmentation – simulation • Buyer characteristics and decision process • Neuro-marketing – Visual imaging lab • Pricing • Presentations
  • 5. Evaluation Components • Class Participation 10% • In-class evaluation 20% • Individual Assignment 30% • End term 40%
  • 6. • What is the significance of learning about consumer behaviour ? • What would you like to learn from the course?
  • 7. Morgan Stanley (2005) – Private consumption accounts for 64% of GDP (Euro – 58%, China – 42%) Food and Bev 71 Transport 27 Housing and utilities 20 Personal products and services (4) 12 Healthcare (3) 11 Apparel 9 Education (2) 7 Household products 5 Communication (1) 3
  • 8. ENVIRONMENTAL FACTORS BUYERS BLACK BOX BUYERS RESPONSE Marketing Stimuli Environment al Stimuli Buyer Characteristic s Decision Process Product Price Place Promotion Economic Technological Political Cultural Demographic Natural Attitudes Motivation Perceptions Personality Lifestyle Knowledge Problem recognition Information search Alternative evaluation Purchase decision Post-purchase behaviour Product choice Brand choice Dealer choice Purchase timing Purchase amount
  • 9. Culture Tupperware • New designs • New material – from polypropylene to melamine and polycarbonate Kellogg HUL –Annapurna Chapati
  • 10. Organised restaurant sector Category Leaders Mkt share Cafe CCD (1500), Barista (150) Quick Service Pizza Hut (260) Moti Mahal (100) Fast Food Dominos (552), Subway (344) Fine Dining Great Kabab Factory (16) , Mainland China (50)
  • 11. Organised restaurant sector Category Leaders Mkt share Cafe CCD (1500), Barista (150) 8% Quick Service Pizza Hut (260) Moti Mahal (100) 30% Fast Food Dominos (552), Subway (344) 40% Fine Dining Great Kabab Factory (16) , Mainland China (50) 15%
  • 12. Newspapers Agrowon – • India’s first agriculture daily • Highest views amongst Marathi language sites • Part of the Sakal media group
  • 13. Noodle wars • From 1300 cr to 3000 cr in 2015 • Maggi introduced in 1984, has dropped from 90% to 85% • Top Ramen, Ching’s Secret, Horlicks Foodles, Knorr Soupy, Yippee, Tasty Treat
  • 14. The Indian Consumer McKinsey Household Classification(2007) 1.Global Indians (10 l +) 2.Strivers (5 – 10 l) 3.Seekers (2 – 5 l) 4.Aspirers (1 – 2 l) 5.Deprived (- 1 l )