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Welcome
To
Presentation
1
Presented By
Group-4
2
Presented to
3
Honorable,
Shib Shankar Roy sir
Associate Professor
Department of Marketing
University of Rajshahi
Consumer
Environment
Marketing
Strategy
Topics
 – The Wheel of
Consumer Analysis
is a flexible tool that
can aid in
understanding
consumers and
developing markrting
strategies at many
levels.
Components of the wheel of consumer analysis
Consumer behavior situation can be analyzed in terms of four
elements. these four factors into a model called the wheel of
consumer analysis.
Consumer
Environment
Marketing
Strategy
1. Affect: It refers to one’s feelings about
stimuli and events :
What we are feeling?
I like McDonald’s French fries or I dislike beef burger.
Affective responses vary in evaluation, positive and
negative,
Cognition: It refers to one’s thinking :
What we are thinking?
knowledge structure involves in people’s responses to
environment. it includes knowledge that people have
acquired from their experience and have stored their
memories
Components of the wheel of
consumer analysis
2. Behavior: It refers to the physical actions of
consumers that can be directly observed and measured
by others : What we are doing? watching a television,
visiting a store or buying products.
3. Environment: It refers to everything external to
consumers that influences what they think, feel and do. It
includes social stimuli such as the actions of others
in cultures and sub-cultures, social classes, reference
groups, and families that influence consumers’ affect and
cognition and their behavior.
It also includes other physical stimuli, such as
stores, products, advertisements, and signs that can
Components of the wheel of
consumer analysis
 4. Marketing strategies: It is a set of stimuli
placed in consumer’s environments designed to
influence their affect, cognition, and behavior. The
stimuli includes a products, brands, packaging,
coupons, credit cards, price tags, salespeople’s
communication, sounds, smell and other sensory
cues.
 The huge number of products sold in such stores
requires an equally large number of marketing
strategies. All the marketing strategies regarding
4P’S are environmental issues that are meant into
influence consumers’ affect and cognition and their
behavior.
Components of the wheel of
consumer analysis
The Wheel of Consumer
Analysis
The Wheel of Consumer Analysis
is a framework that helps us
understand consumer behavior.
It helps by allowing us to structure
consumer behavior phenomena.
We can understand consumer
behavior at various levels – that of
individual consumers, market
segments, industries and the
society at large.
Consumer
Environment
Marketing
Strategy
Consumer
Environment
Reciprocal
System
Any of the
elements could
be either a cause
or an effect of a
change at any
particular time.
The Wheel of Consumer Analysis
Consumer
Environment
Starting Point
Any of the
elements could be
the starting point
for consumer
analysis.
The Wheel of Consumer Analysis
Dynamic
The elements of
the wheel
change
continuously.
The Wheel of Consumer Analysis
Consumer
Environment
Consumer
Environment
Multi-level
These elements
can be analyzed
at several
different levels
The Wheel of Consumer Analysis
• Society
• Industry
• Market segment
• Individual
Society
Changes in what a society believes and how its members behave can be
analyzed with the Wheel of Consumer Analysis.
Multi-level
These elements can be analyzed at several different levels
» Society » Industry » Market segment » Individual
Affect: beliefs about how to live longer & healthier Cognition: eating
healthier food & exercising marketing strategies: development and
promotion of health foods, exercise equipment etc. Behavior: regular
checkup Environment: develop private medical or pathology.
Multi-level
These elements can be analyzed at several different levels
» Society » Industry » Market segment » Individual
Industries
The Wheel of Consumer Analysis can be used to
analyze the relationships of a company and its
competitors with consumers in specific industries.
Industries: Affect: health consciousness Cognition: distribute product
manuals Behavior: produce fatless food Environment: invest in research &
development.
» Market segment
The Wheel of Consumer Analysis can be used to analyze groups of consumers
who have some similarity in cognition, affect, behavior, and environment.
Successful firms in an industry usually divide the total market into segments
and try to appeal most strongly to one or more of them.
Multi-level
These elements can be analyzed at several different levels
» Society » Industry » Market segment » Individual
Market segments: Affect: Specific shoes designed to play each sports
effectively like ‘Reebok’ vary in design, price, features and create different
appeals to different segments Cognition: target young player Behavior:
high/moderate priced product Environment: develop sports society
Multi-level
These elements can be analyzed at several different levels
» Society » Industry » Market segment » Individual
» Individual Consumers
The Wheel of Consumer Analysis can be used to analyze the consumption
history, a single purchase, or some aspect of a purchase for a specific consumer.
Individual consumers: Affect: feel about the brand Cognition: think about
the brand Behavior: response about the brand Environment: communication
about the brand.
Topic
Consumer Decision Making
Process
Consumer decision-making
involves the two cognitive
processes interpretation and
integration, both of which are
influenced by product
knowledge, meaning, and
beliefs.
19
20
Final

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Final

  • 3. Presented to 3 Honorable, Shib Shankar Roy sir Associate Professor Department of Marketing University of Rajshahi
  • 4. Consumer Environment Marketing Strategy Topics  – The Wheel of Consumer Analysis is a flexible tool that can aid in understanding consumers and developing markrting strategies at many levels.
  • 5. Components of the wheel of consumer analysis Consumer behavior situation can be analyzed in terms of four elements. these four factors into a model called the wheel of consumer analysis. Consumer Environment Marketing Strategy
  • 6. 1. Affect: It refers to one’s feelings about stimuli and events : What we are feeling? I like McDonald’s French fries or I dislike beef burger. Affective responses vary in evaluation, positive and negative, Cognition: It refers to one’s thinking : What we are thinking? knowledge structure involves in people’s responses to environment. it includes knowledge that people have acquired from their experience and have stored their memories Components of the wheel of consumer analysis
  • 7. 2. Behavior: It refers to the physical actions of consumers that can be directly observed and measured by others : What we are doing? watching a television, visiting a store or buying products. 3. Environment: It refers to everything external to consumers that influences what they think, feel and do. It includes social stimuli such as the actions of others in cultures and sub-cultures, social classes, reference groups, and families that influence consumers’ affect and cognition and their behavior. It also includes other physical stimuli, such as stores, products, advertisements, and signs that can Components of the wheel of consumer analysis
  • 8.  4. Marketing strategies: It is a set of stimuli placed in consumer’s environments designed to influence their affect, cognition, and behavior. The stimuli includes a products, brands, packaging, coupons, credit cards, price tags, salespeople’s communication, sounds, smell and other sensory cues.  The huge number of products sold in such stores requires an equally large number of marketing strategies. All the marketing strategies regarding 4P’S are environmental issues that are meant into influence consumers’ affect and cognition and their behavior. Components of the wheel of consumer analysis
  • 9. The Wheel of Consumer Analysis The Wheel of Consumer Analysis is a framework that helps us understand consumer behavior. It helps by allowing us to structure consumer behavior phenomena. We can understand consumer behavior at various levels – that of individual consumers, market segments, industries and the society at large. Consumer Environment Marketing Strategy
  • 10. Consumer Environment Reciprocal System Any of the elements could be either a cause or an effect of a change at any particular time. The Wheel of Consumer Analysis
  • 11. Consumer Environment Starting Point Any of the elements could be the starting point for consumer analysis. The Wheel of Consumer Analysis
  • 12. Dynamic The elements of the wheel change continuously. The Wheel of Consumer Analysis Consumer Environment
  • 13. Consumer Environment Multi-level These elements can be analyzed at several different levels The Wheel of Consumer Analysis • Society • Industry • Market segment • Individual
  • 14. Society Changes in what a society believes and how its members behave can be analyzed with the Wheel of Consumer Analysis. Multi-level These elements can be analyzed at several different levels » Society » Industry » Market segment » Individual Affect: beliefs about how to live longer & healthier Cognition: eating healthier food & exercising marketing strategies: development and promotion of health foods, exercise equipment etc. Behavior: regular checkup Environment: develop private medical or pathology.
  • 15. Multi-level These elements can be analyzed at several different levels » Society » Industry » Market segment » Individual Industries The Wheel of Consumer Analysis can be used to analyze the relationships of a company and its competitors with consumers in specific industries. Industries: Affect: health consciousness Cognition: distribute product manuals Behavior: produce fatless food Environment: invest in research & development.
  • 16. » Market segment The Wheel of Consumer Analysis can be used to analyze groups of consumers who have some similarity in cognition, affect, behavior, and environment. Successful firms in an industry usually divide the total market into segments and try to appeal most strongly to one or more of them. Multi-level These elements can be analyzed at several different levels » Society » Industry » Market segment » Individual Market segments: Affect: Specific shoes designed to play each sports effectively like ‘Reebok’ vary in design, price, features and create different appeals to different segments Cognition: target young player Behavior: high/moderate priced product Environment: develop sports society
  • 17. Multi-level These elements can be analyzed at several different levels » Society » Industry » Market segment » Individual » Individual Consumers The Wheel of Consumer Analysis can be used to analyze the consumption history, a single purchase, or some aspect of a purchase for a specific consumer. Individual consumers: Affect: feel about the brand Cognition: think about the brand Behavior: response about the brand Environment: communication about the brand.
  • 19. Consumer decision-making involves the two cognitive processes interpretation and integration, both of which are influenced by product knowledge, meaning, and beliefs. 19
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