CONSUMER
BEHAVIOR
JACKIELYN MARUAL
MONICA JAVIER
MADEL SUCGANG
MARIA RIEZEL JOY REBASE
"Consumer behavior may be defined as the behavior that consumers
display in searching for, purchasing suing, evaluating and disposing of
produces, services and ideas which they expect will satisfy their needs."
INTRODUCTION
Definition of
Consumer
Behavior
-Walters and Paul
"Consumer behavior is
the process whereby
individuals decide what,
when, where, how and
from whom to purchase
goods and services.“
"Consumer Behavior is
the study of the
process involved
when or groups
select, purchase,
dispose of products
or individuals services
satisfy needs and to
desires“
Definition of Consumer Behavior
●It’s a combination of five
disciplines
1. Psychology
2. Sociology
3. Anthropology
4. Economics
5. Marketing Management
• The Consumer is King.
• Only the Customer Can Fire Us All
• People are different
• Consumer behavior educates and
protects consumers
• To make better strategies for increasing
profits
• To take into consideration customer's
health, hygiene & fitness
Importance/Need of study of consumer
behavior
• To know the buying decisions and how consumer
make consumption
• Consistent change in Consumer's tastes or
preferences
• Consumer behavior study is necessary to make
pricing policies
• To avoid future market failures
Importance/Need of study of consumer
behavior
• It is process where consumer decide what
to buy, when to buy, how to buy, where to
buy and how much to buy.
• It comprises of both mental and physical
activities of consumer.
• Consumer behavior is very complex and
dynamic which keeps on changing
constantly.
Characteristics of consumer
behavior
• Individual buying behavior is affected by
various internal factors like his needs,
wants, attitudes and motives and also by
external factors like social groups, culture,
status, environmental factors etc.
• Consumer behavior status before buying
and even after buying.
Characteristics of consumer
behavior
TYPES OF
CONSUME
R
BEHAVIOR
• Customer: means who purchases the product
from the marketer or from the retailer or from
the wholesaler. Here wee don’t bother about who
uses the product.
• Consumer: means who uses the product of
course purchased by the customer. Here we
consider finally who is going to use the product
we call them consumer.
• Buyer: The person who purchase goods either
for resale or for use in production or for use of
TYPES OF CONSUMER BEHAVIOR
• The Ultimate Consumer: Those
individuals who purchase for the purpose
of individual or household consumption.
• Institutional buyer: These are either
government institutions or private
organizations.
TYPES OF CONSUMER BEHAVIOR
FACTORS AFFECTING CONSUMER
BEHAVIOR
• Culture – It is mix of customs,
beliefs and values of
consumers of a particular
country.
• Social Class – These are
permanent groups in the
society whose members have
common likings.
CULTURAL FACTORS
Sub Culture- Subcultures are part
of culture consisting of geographic
regions, religions, nationalities and
racial groups. The values of these
groups are different from each
other.
• Religion
• Geographic location
• Gender (male/female)
SUB CULTURE
• Relatively permanent and
ordered divisions in a
society whose members
share similar values,
interests and behavior.
SOCIAL CLASS
• Reference Groups – “Reference
groups are groups that people
refer to when evaluating their
own qualities, attitudes, values
and behaviors.”
• Family Members
• Relatives
• Role in the Society
• Status in the Society
SOCIAL FACTORS
• Occupation
• Age
• Economic
Condition
• Lifestyle
• Personality
PERSONAL FACTORS
• Perception
• Learning
• Beliefs and
Attitude
• Motivation
PSYCHOLOGICAL FACTORS
Who
influence a
consumer?
• The activity that leading up to and including
purchase or receipt of a product.
How they get information?
How they decide what to buy?
Where you buy?
How you pay for it?
How you take it to their home?
Obtaining
“People don’t buy products for what they do
but for what they mean”
Different types of relationship:
Self concept – user’s self image.
Interdependence – part of users daily
routine.
Love – emotional bonds with the user.
MEANING OF CONSUMPTION
• How they get rid of remaining product?
• How much they throw away after use?
• How they recycle the products?
DISPOSING
Application of consumer behavior
with marketing prospect
From the marketing point of view, understanding
consumer behavior is crucial to successful delivery of
firms’ offering in the market place.
Market-Opportunity Analysis: this involves examining
trends and conditions in the marketing place to identify
consumers’ needs and wants that are not being fully
satisfied.
Target Market Selection: this has to do with identifying distinct
groupings of consumers who have unique wants and needs and
the selection of segment that matches the firm’s strength and offer
better opportunities.
Marketing-Mix Determination: this involves developing and
implementing a strategy for delivering an effective combination of
want-satisfying features to consumers within target market.
Marketing strategy: understanding of consumer behavior is
needed inn strategic marketing activities. This is because
marketing strategies and tactics are based on explicit or implicit
beliefs about consumer behavior.
• Addictive consumption – Gambling, Alcohol,
Drugs.
• Consumed consumption – Consumers who are
exploited. (Ex. Adopting a baby, organ donors,
blood donnors)
• Illegal activities – Theft.
• Anti-consumption - People who create aversion
towards a product. (Ex. Burned lungs image, V-
care shampoo ads)
DARK SIDE OF CONSUMER
BEHAVIOR
CONCLUSION
As customer is the king, it is very important for every organization
to understand the needs and wants of their consumer and try to
satisfy them. For this the study of consumer behavior is very
essential.
• Consumer Delight:
When the actual product performance exceeds the buyer’s
expectations, consumer will be highly satisfied . So excess of
actual product performance over the expectation is called
“consumer delight”.
Today consumer delight has therefore become a buzz word.
THANK
YOU!

consumer behaviors reporting group 9.pptx

  • 1.
  • 2.
    "Consumer behavior maybe defined as the behavior that consumers display in searching for, purchasing suing, evaluating and disposing of produces, services and ideas which they expect will satisfy their needs." INTRODUCTION
  • 3.
  • 4.
    -Walters and Paul "Consumerbehavior is the process whereby individuals decide what, when, where, how and from whom to purchase goods and services.“
  • 5.
    "Consumer Behavior is thestudy of the process involved when or groups select, purchase, dispose of products or individuals services satisfy needs and to desires“
  • 6.
    Definition of ConsumerBehavior ●It’s a combination of five disciplines 1. Psychology 2. Sociology 3. Anthropology 4. Economics 5. Marketing Management
  • 7.
    • The Consumeris King. • Only the Customer Can Fire Us All • People are different • Consumer behavior educates and protects consumers • To make better strategies for increasing profits • To take into consideration customer's health, hygiene & fitness Importance/Need of study of consumer behavior
  • 8.
    • To knowthe buying decisions and how consumer make consumption • Consistent change in Consumer's tastes or preferences • Consumer behavior study is necessary to make pricing policies • To avoid future market failures Importance/Need of study of consumer behavior
  • 9.
    • It isprocess where consumer decide what to buy, when to buy, how to buy, where to buy and how much to buy. • It comprises of both mental and physical activities of consumer. • Consumer behavior is very complex and dynamic which keeps on changing constantly. Characteristics of consumer behavior
  • 10.
    • Individual buyingbehavior is affected by various internal factors like his needs, wants, attitudes and motives and also by external factors like social groups, culture, status, environmental factors etc. • Consumer behavior status before buying and even after buying. Characteristics of consumer behavior
  • 11.
  • 13.
    • Customer: meanswho purchases the product from the marketer or from the retailer or from the wholesaler. Here wee don’t bother about who uses the product. • Consumer: means who uses the product of course purchased by the customer. Here we consider finally who is going to use the product we call them consumer. • Buyer: The person who purchase goods either for resale or for use in production or for use of TYPES OF CONSUMER BEHAVIOR
  • 14.
    • The UltimateConsumer: Those individuals who purchase for the purpose of individual or household consumption. • Institutional buyer: These are either government institutions or private organizations. TYPES OF CONSUMER BEHAVIOR
  • 15.
  • 16.
    • Culture –It is mix of customs, beliefs and values of consumers of a particular country. • Social Class – These are permanent groups in the society whose members have common likings. CULTURAL FACTORS
  • 17.
    Sub Culture- Subculturesare part of culture consisting of geographic regions, religions, nationalities and racial groups. The values of these groups are different from each other. • Religion • Geographic location • Gender (male/female) SUB CULTURE
  • 18.
    • Relatively permanentand ordered divisions in a society whose members share similar values, interests and behavior. SOCIAL CLASS
  • 19.
    • Reference Groups– “Reference groups are groups that people refer to when evaluating their own qualities, attitudes, values and behaviors.” • Family Members • Relatives • Role in the Society • Status in the Society SOCIAL FACTORS
  • 20.
    • Occupation • Age •Economic Condition • Lifestyle • Personality PERSONAL FACTORS
  • 21.
    • Perception • Learning •Beliefs and Attitude • Motivation PSYCHOLOGICAL FACTORS
  • 22.
  • 24.
    • The activitythat leading up to and including purchase or receipt of a product. How they get information? How they decide what to buy? Where you buy? How you pay for it? How you take it to their home? Obtaining
  • 25.
    “People don’t buyproducts for what they do but for what they mean” Different types of relationship: Self concept – user’s self image. Interdependence – part of users daily routine. Love – emotional bonds with the user. MEANING OF CONSUMPTION
  • 26.
    • How theyget rid of remaining product? • How much they throw away after use? • How they recycle the products? DISPOSING
  • 27.
    Application of consumerbehavior with marketing prospect From the marketing point of view, understanding consumer behavior is crucial to successful delivery of firms’ offering in the market place. Market-Opportunity Analysis: this involves examining trends and conditions in the marketing place to identify consumers’ needs and wants that are not being fully satisfied.
  • 28.
    Target Market Selection:this has to do with identifying distinct groupings of consumers who have unique wants and needs and the selection of segment that matches the firm’s strength and offer better opportunities. Marketing-Mix Determination: this involves developing and implementing a strategy for delivering an effective combination of want-satisfying features to consumers within target market. Marketing strategy: understanding of consumer behavior is needed inn strategic marketing activities. This is because marketing strategies and tactics are based on explicit or implicit beliefs about consumer behavior.
  • 29.
    • Addictive consumption– Gambling, Alcohol, Drugs. • Consumed consumption – Consumers who are exploited. (Ex. Adopting a baby, organ donors, blood donnors) • Illegal activities – Theft. • Anti-consumption - People who create aversion towards a product. (Ex. Burned lungs image, V- care shampoo ads) DARK SIDE OF CONSUMER BEHAVIOR
  • 30.
    CONCLUSION As customer isthe king, it is very important for every organization to understand the needs and wants of their consumer and try to satisfy them. For this the study of consumer behavior is very essential. • Consumer Delight: When the actual product performance exceeds the buyer’s expectations, consumer will be highly satisfied . So excess of actual product performance over the expectation is called “consumer delight”. Today consumer delight has therefore become a buzz word.
  • 31.