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SUBJECTS: CONSUMER BEHAVIOR
PRESENTED BY:
SNEHA PRIYA (MBA/15001/22)
TANVI TANYA(MBA/15004/22)
SHRUTI KUMARI(MBA/15005/22)
RIMJHIM BANKA(MBA/15012/22)
Here is where our presentation begins.
ACTIVITY 1: There are 3 product types given below with their substitute .
Kindly mention which brand you will prefer and what are the
communication characteristics which have influenced your attitude towards
these product .
Q1)Discuss in detail all the
communication characteristics that
influence attitude formation and
change. Share with us any two
examples of your own where
communication has shaped your
attitude for an offering from the
marketer.
Communication characteristics which
influence attitude formation of a consumer
• Source Credibility :For example, a statement like, "Recommended by Dr. Smith, a leading
expert in the field," adds credibility to the product.
• Message Content: For Example- Our all-natural cleaner is non-toxic, reducing harm to the
environment and your family's health.
• Emotional Appeal: For Example :In advertisement for a charity organization showcases
heartwarming stories of children receiving educational support
• Two-Way Communication: Many Brands ask for customer feedbacks for further upgradation in
the quality of products .
• Social Proof and Social Influence: For Example Apps like Amazon , Flipkart ,Go IBIBO ask their
customers to rate their product on the basis of their satisfaction .
• Transparency and Honesty: For example: pharmaceutical company openly communicates the
potential side effects of a medication in their advertisements
• Audience Characteristic: For Example: Adventure Enthusiasts- For adventure seekers and
backpackers, the company could highlight the tents' lightweight, easy-to-carry design, and durability.
• Channel and Medium:Different consumers may prefer different channels, such as social media,
TV, print, or in-person communication.
Own Example where communication has shaped
my attitude for an offering from the marketer.
Communication factors that shaped my
attitude for this product are:
1) Media
2) Family Factor( Influence by sister )she has already
used the product and became a loyal customer for
that particular offering .
3) Product Benefit and description
4) Value for money
5) Social values
6) Easy of delivery and safety of online payment
mode .
Communication factors that
shaped my attitude for this
product are:
1) Family Factor
2) Word of mouth
3) Test Drives and Personal Experience
4) Media Coverage
5) Social Media and Influencers
6) Price and Value Proposition
7) Environmental and Safety Information
8) Competitive Comparison
9) Cultural and Social Factors
10) Personal Values and Need
11) Sales person has provided the detailed
knowledge about the product .
● Q2.In context of consumer buying
behavior explain the household life cycle
in India and the corresponding marketing
strategies based on the different
household life cycle stages. Support your
answer with suitable examples. Also
explain the cross cultural consumer
behavior with the help of 2 examples.
Bachelorhood: Single adults in India often have a lot of money to spend on experiences and
activities that represent their personal preferences. They are also more willing to try new items
and brands.
Examples: Young adults living on their own or with roommates. dating apps, fitness memberships,
online courses, and trendy fashion brands .
Marketing Strategies: Target this group with products and services related to socializing, dating,
education, and career development.
Newly married couples with no child : Newly married couples in India frequently prioritize the
establishment of their home and family. They are more inclined to invest in furniture, appliances,
and other household goods. They might also begin to save for the future, such as a down payment
on a house.
Examples: IKEA
Marketing Strategies: Focus on products and services related to setting up a new home, travel, and lifestyle.
Promote items like furniture, home appliances, travel packages, and relationship counseling services.
Full nest 1: Families with young children have a reasonably high disposable income, but they also
have a variety of expenses related to the requirements of their children. They are more inclined
to spend money on their children's food, clothing, and education. They may also make an
investment in childcare services.
Examples: Couples with infants and toddlers.
Marketing Strategies: Target this stage with baby and childcare products, educational toys,
parenting classes, and family-friendly products like strollers and car seats.
Full nest 2: Families with adolescent children have less disposable income than those with
younger children. They are more inclined to spend money on their children's food, clothing, and
transportation. They may also begin saving for their children's college education.
Examples: Families with elementary and middle school-aged children.
Marketing Strategies: Promote products and services that cater to the needs of school-aged
children, such as school supplies, extracurricular activities, family vacations, and educational
software .
Full nest 3: family life cycle in which dependent children still live at home, but they are older and more
independent. This stage usually starts when the youngest child enters high school or college and ends when the
final child leaves the house.
Example: Examples: Parents whose children have left for college or started independent lives.
Marketing Strategies: Focus on products and services for empty nesters, such as travel opportunities,
downsizing real estate, financial planning, and leisure activities.
Empty nest - Couples with an empty nest often have a higher disposable income and less costs.
They are more likely to invest in travel, recreation, and home repair projects.
Examples: Families with adult children who may return home occasionally.
Marketing Strategies: Promote products and services for the parents' well-being, such as
retirement planning, health and fitness, home renovations, and travel for couples.
Solitary survivor: In India, retired couples often have less disposable income than couples at
earlier phases of the family life cycle. They are more likely to spend their money on healthcare and
other necessities. They may also travel and engage in hobbies.
Examples: Retirees .
Marketing Strategies: Target this stage with products and services related to healthcare, leisure
travel, senior living communities, financial planning, and products that enhance comfort and
convenience.
CROSS CULTURAL CONSUMER BEHAVIOUR-
The study of how customers from various
cultures or demographics interact with
each other and impact each other's
purchase decisions is known as cross-
consumer behavior. Factors such as
language, values, beliefs, customs, social
norms, and cultural symbols all play a
role in shaping consumer behavior. By
recognizing and adapting to these
cultural differences, businesses can
better meet the needs and expectations
of their target audience.
EXAMPLES OF CROSS CULTURAL :
McDonald's: McDonald's has adapted its menu and marketing messages to different cultures
around the world.
India: In India, McDonald's offers a variety of vegetarian and halal options, such as
the Mc Aloo Tikki Burger and the Chicken Maharaja Mac. The company also offers a
breakfast menu that features items such as the pan cake and the Egg Mc Muffin.
Japan: In Japan, McDonald's offers a variety of unique items, such as the Ebi Filet-O-
Fish (a shrimp burger) and the Teriyaki Mc Burger. The company also offers a
breakfast menu that features items such as the Egg Mc Muffin and the Sausage Mc
Muffin Egg.
China: In China, McDonald's offers a variety of items that are tailored to the local
palate, such as the Pork Double Mc Spicy and the Mc Spicy Chicken Burger beef burger.
The company also offers a breakfast menu that features items such as the Congee and
the Fried Dough Stick.
Coca-Cola: Coca-Cola has created localized marketing campaigns that reflect the unique
cultures of the countries where it operates.
IN INDIA, Coca-Cola has created a campaign called "Open Happiness." The campaign
focuses on the idea that Coca-Cola can bring people together and create moments of
happiness. The campaign features a variety of Indian celebrities and is set in a variety of
iconic Indian locations.
China: In China, Coca-Cola has partnered with the Chinese New Year festival. The company
has created a special Coca-Cola bottle for the holiday and has launched a marketing
campaign that celebrates the festival's themes of family, togetherness, and good luck.
Brazil: In Brazil, Coca-Cola has created a campaign called "Taste the Feeling." The
campaign focuses on the idea that Coca-Cola is a delicious and refreshing beverage that
can be enjoyed by people of all ages.
Q3 what significance does
individual personality traits
have in Marketing. Also
explain the concept of
product personality .
Validate your answer with
suitable examples of Product
Personification.
 Open to feelings
 Open to new & different ideas.
 Open to various values & beliefs.
 Imagination
 Openness to Emotions
 Example: Apple is known for targeting individuals
high in openness to experience. Their marketing
campaigns emphasize creativity, innovation, and
the idea that using their products makes you part of
a community of creative thinkers.
SIGNIFICANCE OF OPENNESS IN
RESPECT OF MARKETING
 Competent
 Orderly
 Achievement oriented
 Self disciplined
 Example: Toyota's marketing often
focuses on the reliability and
durability of their vehicles, appealing
to conscientious consumers who
prioritize safety and long-term value.
SIGNIFICANCE OF CONSCIENTIOUS IN
RESPECT OF MARKETING
SIGNIFICANCE OF AGREEABLENESS IN
RESPECT OF MARKETING
 Trusting
 Straight Forward
 Compliant
 Modest
Tender minded
Scenario: A consumer with a high level of agreeableness is
shopping for a new car.
Consumer Behavior: In this case, the consumer may prioritize
the opinions and recommendations of friends and family when
making their purchase decision. They may be more influenced
by the feedback and experiences of others rather than solely
relying on expert reviews or technical specifications. The
consumer might visit multiple dealerships and engage in
conversations with sales representatives, giving them the
opportunity to build a rapport and establish a positive, agreeable
relationship.
 Anxious
 Angry
 Depressed
 Impulsive
 Example: Johnson & Johnson's marketing for their baby
products often emphasizes safety, comfort, and care,
targeting parents who may have concerns about their
baby's well-being, aligning with the need for
emotional stability.
SIGNIFICANCE OF NEUROTICISM
IN RESPECT OF MARKETING
 Assertive
 Active
 Excitement Seeking
 Sociable
 Example: Red Bull's marketing revolves
around extreme sports and high-energy
events, appealing to those with high
extraversion who seek excitement and
adventure.
SIGNIFICANCE OF EXTRAVERSION IN
RESPECT OF MARKETING
 Product personality refers to the set of human traits and characteristics associated with a product or brand. It's about
giving products unique qualities, emotions and personalities to create a more relevant and engaging experience for
consumers.
 This concept is often used in marketing and design to establish a unique identity for a product, making it more
memorable and appealing to potential customers.
An example of product personality is the Apple iPhone. Apple has successfully crafted a product personality for the iPhone
that includes traits like innovation, simplicity, and elegance. This is evident in the sleek and minimalist design of the iPhone,
its user-friendly interface, and the marketing messages emphasizing cutting-edge technology.
Apple's product personality positions the iPhone as a premium, aspirational product that appeals to consumers who value
sophistication and innovation. This personality has helped the iPhone maintain a strong and loyal customer base, with
people often feeling a personal connection to the brand due to its carefully curated personality traits.
M&M's, the colorful candy brand, uses product personification through its characters
like the "Red" and "Yellow" M&M's. Each character has its own unique personality
traits – Red is often depicted as confident and sarcastic, while Yellow is portrayed as a
more naive and friendly character. These personified characters have been featured in
M&M's advertising for years, creating a memorable and relatable image for the brand.
Consumers often associate the candies with the distinct personalities of these
characters, making M&M's a fun and enjoyable treat. This personification helps
strengthen the brand's identity and fosters a connection with consumers, influencing
their purchasing decisions.
Product personification can help consumers relate to and trust a brand, as they often
connect with products that exhibit personalities aligning with their own values, needs,
and preferences.
Consumer_Behavior_presentation_by_group_1_FINAL_1[1].pptx

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Consumer_Behavior_presentation_by_group_1_FINAL_1[1].pptx

  • 1. SUBJECTS: CONSUMER BEHAVIOR PRESENTED BY: SNEHA PRIYA (MBA/15001/22) TANVI TANYA(MBA/15004/22) SHRUTI KUMARI(MBA/15005/22) RIMJHIM BANKA(MBA/15012/22) Here is where our presentation begins.
  • 2. ACTIVITY 1: There are 3 product types given below with their substitute . Kindly mention which brand you will prefer and what are the communication characteristics which have influenced your attitude towards these product .
  • 3. Q1)Discuss in detail all the communication characteristics that influence attitude formation and change. Share with us any two examples of your own where communication has shaped your attitude for an offering from the marketer.
  • 4. Communication characteristics which influence attitude formation of a consumer • Source Credibility :For example, a statement like, "Recommended by Dr. Smith, a leading expert in the field," adds credibility to the product. • Message Content: For Example- Our all-natural cleaner is non-toxic, reducing harm to the environment and your family's health. • Emotional Appeal: For Example :In advertisement for a charity organization showcases heartwarming stories of children receiving educational support • Two-Way Communication: Many Brands ask for customer feedbacks for further upgradation in the quality of products . • Social Proof and Social Influence: For Example Apps like Amazon , Flipkart ,Go IBIBO ask their customers to rate their product on the basis of their satisfaction . • Transparency and Honesty: For example: pharmaceutical company openly communicates the potential side effects of a medication in their advertisements • Audience Characteristic: For Example: Adventure Enthusiasts- For adventure seekers and backpackers, the company could highlight the tents' lightweight, easy-to-carry design, and durability. • Channel and Medium:Different consumers may prefer different channels, such as social media, TV, print, or in-person communication.
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  • 6. Own Example where communication has shaped my attitude for an offering from the marketer. Communication factors that shaped my attitude for this product are: 1) Media 2) Family Factor( Influence by sister )she has already used the product and became a loyal customer for that particular offering . 3) Product Benefit and description 4) Value for money 5) Social values 6) Easy of delivery and safety of online payment mode .
  • 7. Communication factors that shaped my attitude for this product are: 1) Family Factor 2) Word of mouth 3) Test Drives and Personal Experience 4) Media Coverage 5) Social Media and Influencers 6) Price and Value Proposition 7) Environmental and Safety Information 8) Competitive Comparison 9) Cultural and Social Factors 10) Personal Values and Need 11) Sales person has provided the detailed knowledge about the product .
  • 8. ● Q2.In context of consumer buying behavior explain the household life cycle in India and the corresponding marketing strategies based on the different household life cycle stages. Support your answer with suitable examples. Also explain the cross cultural consumer behavior with the help of 2 examples.
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  • 10. Bachelorhood: Single adults in India often have a lot of money to spend on experiences and activities that represent their personal preferences. They are also more willing to try new items and brands. Examples: Young adults living on their own or with roommates. dating apps, fitness memberships, online courses, and trendy fashion brands . Marketing Strategies: Target this group with products and services related to socializing, dating, education, and career development. Newly married couples with no child : Newly married couples in India frequently prioritize the establishment of their home and family. They are more inclined to invest in furniture, appliances, and other household goods. They might also begin to save for the future, such as a down payment on a house. Examples: IKEA Marketing Strategies: Focus on products and services related to setting up a new home, travel, and lifestyle. Promote items like furniture, home appliances, travel packages, and relationship counseling services.
  • 11. Full nest 1: Families with young children have a reasonably high disposable income, but they also have a variety of expenses related to the requirements of their children. They are more inclined to spend money on their children's food, clothing, and education. They may also make an investment in childcare services. Examples: Couples with infants and toddlers. Marketing Strategies: Target this stage with baby and childcare products, educational toys, parenting classes, and family-friendly products like strollers and car seats. Full nest 2: Families with adolescent children have less disposable income than those with younger children. They are more inclined to spend money on their children's food, clothing, and transportation. They may also begin saving for their children's college education. Examples: Families with elementary and middle school-aged children. Marketing Strategies: Promote products and services that cater to the needs of school-aged children, such as school supplies, extracurricular activities, family vacations, and educational software .
  • 12. Full nest 3: family life cycle in which dependent children still live at home, but they are older and more independent. This stage usually starts when the youngest child enters high school or college and ends when the final child leaves the house. Example: Examples: Parents whose children have left for college or started independent lives. Marketing Strategies: Focus on products and services for empty nesters, such as travel opportunities, downsizing real estate, financial planning, and leisure activities. Empty nest - Couples with an empty nest often have a higher disposable income and less costs. They are more likely to invest in travel, recreation, and home repair projects. Examples: Families with adult children who may return home occasionally. Marketing Strategies: Promote products and services for the parents' well-being, such as retirement planning, health and fitness, home renovations, and travel for couples. Solitary survivor: In India, retired couples often have less disposable income than couples at earlier phases of the family life cycle. They are more likely to spend their money on healthcare and other necessities. They may also travel and engage in hobbies. Examples: Retirees . Marketing Strategies: Target this stage with products and services related to healthcare, leisure travel, senior living communities, financial planning, and products that enhance comfort and convenience.
  • 13. CROSS CULTURAL CONSUMER BEHAVIOUR- The study of how customers from various cultures or demographics interact with each other and impact each other's purchase decisions is known as cross- consumer behavior. Factors such as language, values, beliefs, customs, social norms, and cultural symbols all play a role in shaping consumer behavior. By recognizing and adapting to these cultural differences, businesses can better meet the needs and expectations of their target audience.
  • 14. EXAMPLES OF CROSS CULTURAL : McDonald's: McDonald's has adapted its menu and marketing messages to different cultures around the world. India: In India, McDonald's offers a variety of vegetarian and halal options, such as the Mc Aloo Tikki Burger and the Chicken Maharaja Mac. The company also offers a breakfast menu that features items such as the pan cake and the Egg Mc Muffin. Japan: In Japan, McDonald's offers a variety of unique items, such as the Ebi Filet-O- Fish (a shrimp burger) and the Teriyaki Mc Burger. The company also offers a breakfast menu that features items such as the Egg Mc Muffin and the Sausage Mc Muffin Egg. China: In China, McDonald's offers a variety of items that are tailored to the local palate, such as the Pork Double Mc Spicy and the Mc Spicy Chicken Burger beef burger. The company also offers a breakfast menu that features items such as the Congee and the Fried Dough Stick.
  • 15. Coca-Cola: Coca-Cola has created localized marketing campaigns that reflect the unique cultures of the countries where it operates. IN INDIA, Coca-Cola has created a campaign called "Open Happiness." The campaign focuses on the idea that Coca-Cola can bring people together and create moments of happiness. The campaign features a variety of Indian celebrities and is set in a variety of iconic Indian locations. China: In China, Coca-Cola has partnered with the Chinese New Year festival. The company has created a special Coca-Cola bottle for the holiday and has launched a marketing campaign that celebrates the festival's themes of family, togetherness, and good luck. Brazil: In Brazil, Coca-Cola has created a campaign called "Taste the Feeling." The campaign focuses on the idea that Coca-Cola is a delicious and refreshing beverage that can be enjoyed by people of all ages.
  • 16. Q3 what significance does individual personality traits have in Marketing. Also explain the concept of product personality . Validate your answer with suitable examples of Product Personification.
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  • 18.  Open to feelings  Open to new & different ideas.  Open to various values & beliefs.  Imagination  Openness to Emotions  Example: Apple is known for targeting individuals high in openness to experience. Their marketing campaigns emphasize creativity, innovation, and the idea that using their products makes you part of a community of creative thinkers. SIGNIFICANCE OF OPENNESS IN RESPECT OF MARKETING
  • 19.  Competent  Orderly  Achievement oriented  Self disciplined  Example: Toyota's marketing often focuses on the reliability and durability of their vehicles, appealing to conscientious consumers who prioritize safety and long-term value. SIGNIFICANCE OF CONSCIENTIOUS IN RESPECT OF MARKETING
  • 20. SIGNIFICANCE OF AGREEABLENESS IN RESPECT OF MARKETING  Trusting  Straight Forward  Compliant  Modest Tender minded Scenario: A consumer with a high level of agreeableness is shopping for a new car. Consumer Behavior: In this case, the consumer may prioritize the opinions and recommendations of friends and family when making their purchase decision. They may be more influenced by the feedback and experiences of others rather than solely relying on expert reviews or technical specifications. The consumer might visit multiple dealerships and engage in conversations with sales representatives, giving them the opportunity to build a rapport and establish a positive, agreeable relationship.
  • 21.  Anxious  Angry  Depressed  Impulsive  Example: Johnson & Johnson's marketing for their baby products often emphasizes safety, comfort, and care, targeting parents who may have concerns about their baby's well-being, aligning with the need for emotional stability. SIGNIFICANCE OF NEUROTICISM IN RESPECT OF MARKETING
  • 22.  Assertive  Active  Excitement Seeking  Sociable  Example: Red Bull's marketing revolves around extreme sports and high-energy events, appealing to those with high extraversion who seek excitement and adventure. SIGNIFICANCE OF EXTRAVERSION IN RESPECT OF MARKETING
  • 23.  Product personality refers to the set of human traits and characteristics associated with a product or brand. It's about giving products unique qualities, emotions and personalities to create a more relevant and engaging experience for consumers.  This concept is often used in marketing and design to establish a unique identity for a product, making it more memorable and appealing to potential customers. An example of product personality is the Apple iPhone. Apple has successfully crafted a product personality for the iPhone that includes traits like innovation, simplicity, and elegance. This is evident in the sleek and minimalist design of the iPhone, its user-friendly interface, and the marketing messages emphasizing cutting-edge technology. Apple's product personality positions the iPhone as a premium, aspirational product that appeals to consumers who value sophistication and innovation. This personality has helped the iPhone maintain a strong and loyal customer base, with people often feeling a personal connection to the brand due to its carefully curated personality traits.
  • 24. M&M's, the colorful candy brand, uses product personification through its characters like the "Red" and "Yellow" M&M's. Each character has its own unique personality traits – Red is often depicted as confident and sarcastic, while Yellow is portrayed as a more naive and friendly character. These personified characters have been featured in M&M's advertising for years, creating a memorable and relatable image for the brand. Consumers often associate the candies with the distinct personalities of these characters, making M&M's a fun and enjoyable treat. This personification helps strengthen the brand's identity and fosters a connection with consumers, influencing their purchasing decisions. Product personification can help consumers relate to and trust a brand, as they often connect with products that exhibit personalities aligning with their own values, needs, and preferences.