Abstract:
Consumer behavior plays an important part for the success of any organization. Without study
of consumers and their behavior organization and marketers can’t achieve their goals and sale
the products. Purpose of present study to explore the relationship between consumer behavior
and beverage brands (Coca cola and Pepsi cola). Frequency and regression analysis use in
present study. The data for present study has been collected from 3 major cities of Pakistan
namely Lahore, Multan and Layyah. Results from present study explore that Majority of
Pakistani prefer Coca cola and results further suggest that the consumer behavior can
significantly influence the beverage brands of Pakistan. We can say that if the beverage industry
of Pakistan put their focus upon the consumer behavior and produce their products according
to their customer Demand and satisfy their needs then it wills leaders towards a positive
increase in purchasing of beverage brands.
Key words: Consumer Behavior, Beverage Brands and Factors of Consumer Behavior.
1.
A study report on Consumer Market and Consumer Buying Behavior- towards the partial fulfillment of credits for the course CA2- Socio-Economic Base for Planning at the School of Planning and Architecture, New Delhi (November 2019)
A study report on Consumer Market and Consumer Buying Behavior- towards the partial fulfillment of credits for the course CA2- Socio-Economic Base for Planning at the School of Planning and Architecture, New Delhi (November 2019)
Factors Affecting Consumer Behaviour - Product Case StudyHumsi Singh
The presentation gives a clear description of what consumer behaviour is and what all are the factors that affect a consumer. In this presentation, the main focus is on the case study product that is Sofa. We would observe the factors that influence their behaviour in such a case.
Strategies Affecting Consumer Behavior:
Consumer behavior refers to the selection, purchase and consumption of goods and services for the satisfaction of their wants. There are various factors influencing the purchases of consumer such as social, cultural,economic, personal and psychological.
1. Social Factors
Social factors also impact the buying behavior of consumers. The important social factors are: reference groups, family, role and status.
a)Reference Groups
Reference groups have potential in forming a person attitude or behavior. The impact of reference groups varies across products and brands. For example if the product is visible such as dress, shoes, car etc .
b) Family
Buyer behavior is strongly influenced by the member of a family. Therefore marketers are trying to find the roles and influence of the husband, wife and children. If the buying decision of a particular product is influenced by wife then the marketers will try to target the women in their advertisement. Here we should note that buying roles change with change in consumer lifestyles.
c) Roles and Status
Each person possesses different roles and status in the society depending upon the groups, clubs, family, organization etc. to which he belongs. For example a woman is working in an organization as finance manager. Now she is playing two roles, one of finance manager and other of mother. Therefore her buying decisions will be influenced by her role and status.
2. Cultural Factors:
Consumer behavior is deeply influenced by cultural factors such as: buyer culture, subculture, and social class.
Culture
Basically, culture is the part of every society and is the important cause of person wants and behavior. The influence of culture on buying behavior varies from country to country therefore marketers have to be very careful in analyzing the culture of different groups, regions or even countries.
Subculture
Each culture contains different subcultures such as religions, nationalities, geographic regions, racial groups etc. Marketers can use these groups by segmenting the market into various small portions. For example marketers can design products according to the needs of a particular geographic group.
Social Class
Every society possesses some form of social class which is important to the marketers because the buying behavior of people in a given social class is similar.
3. Economic Factors:
Consumer behaviour is influenced largely by economic factors. Economic factors that influence consumer behaviour are as: personal income, family income ,savings ,consumer credit and other economic factors.
a) Personal Income:
The discretionary personal income refers to the balance remaining after meeting basic necessaries of life. This income is available for the purchase of shopping goods, durable goods and luxuries. An increase in the discretionary income leads to an increase in the expenditure on shopping goods, luxuries etc. which improves the standard of living
Factors Affecting Consumer Behaviour - Product Case StudyHumsi Singh
The presentation gives a clear description of what consumer behaviour is and what all are the factors that affect a consumer. In this presentation, the main focus is on the case study product that is Sofa. We would observe the factors that influence their behaviour in such a case.
Strategies Affecting Consumer Behavior:
Consumer behavior refers to the selection, purchase and consumption of goods and services for the satisfaction of their wants. There are various factors influencing the purchases of consumer such as social, cultural,economic, personal and psychological.
1. Social Factors
Social factors also impact the buying behavior of consumers. The important social factors are: reference groups, family, role and status.
a)Reference Groups
Reference groups have potential in forming a person attitude or behavior. The impact of reference groups varies across products and brands. For example if the product is visible such as dress, shoes, car etc .
b) Family
Buyer behavior is strongly influenced by the member of a family. Therefore marketers are trying to find the roles and influence of the husband, wife and children. If the buying decision of a particular product is influenced by wife then the marketers will try to target the women in their advertisement. Here we should note that buying roles change with change in consumer lifestyles.
c) Roles and Status
Each person possesses different roles and status in the society depending upon the groups, clubs, family, organization etc. to which he belongs. For example a woman is working in an organization as finance manager. Now she is playing two roles, one of finance manager and other of mother. Therefore her buying decisions will be influenced by her role and status.
2. Cultural Factors:
Consumer behavior is deeply influenced by cultural factors such as: buyer culture, subculture, and social class.
Culture
Basically, culture is the part of every society and is the important cause of person wants and behavior. The influence of culture on buying behavior varies from country to country therefore marketers have to be very careful in analyzing the culture of different groups, regions or even countries.
Subculture
Each culture contains different subcultures such as religions, nationalities, geographic regions, racial groups etc. Marketers can use these groups by segmenting the market into various small portions. For example marketers can design products according to the needs of a particular geographic group.
Social Class
Every society possesses some form of social class which is important to the marketers because the buying behavior of people in a given social class is similar.
3. Economic Factors:
Consumer behaviour is influenced largely by economic factors. Economic factors that influence consumer behaviour are as: personal income, family income ,savings ,consumer credit and other economic factors.
a) Personal Income:
The discretionary personal income refers to the balance remaining after meeting basic necessaries of life. This income is available for the purchase of shopping goods, durable goods and luxuries. An increase in the discretionary income leads to an increase in the expenditure on shopping goods, luxuries etc. which improves the standard of living
What makes shoppers buy on impulse? Marketers often use this knowledge to promote impulse buying in the hopes of increasing their bottom line. But while impulse buying does indeed mean more product bought, it can also lead consumers to harbor negative post-shopping feelings about the producer and retailer.
Impulse buying of the shopper is influenced by number of factors which could be either related to the shopping environment, shopper's personal traits,product itself and the diverse demographic and socio-cultural aspects.
Customer Experience in digital identificationPieter Baert
Keynote at the SecurIT Innovation seminar. I focused on changing customer behaviour, user needs and how design thinking can help you create an optimal digital user experience.
1CONSUMER BEHAVIOR ON PERSONAL PROFILE EttaBenton28
1
CONSUMER BEHAVIOR ON PERSONAL PROFILE 2
Jacob Hurst
CTU
Professor Harris
CB475
2/1/21
Consumer Behavior on Personal Profile
Cultural and societal influence
A variety of choices are available that make the purchasing process complicated. Many factors influence the individual purchasing process as a consumer. For instant, personal traits, psychological aspects, social and cultural factors play a vital role in influence (Sethi, & Chawla, 2014). It is essential to understand the effect of social and cultural factors on individual purchase behavior. As a consumer, societal and cultural factors have a significant impact on my buying behavior.
Family is a significant part of the societal influence of personal buying behavior. It has a vital role as a husband and to my children. Moreover, reference groups, immediate friends, relatives, my role in society, and social status adds up in the social influence of buying (Dean, 2010). Consequently, my buying attitude as a societal influence is value-expressive. As a Caucasian male with a family, I will commonly buy special household items instead of getting self-fulfilling products, for instance, a fishing rod. Additionally, college status can relate to buying of house bookshelf or and stationery that relates to my college studies for reminders. Hence societal factors such as family and study levels affect valuable expression on buying.
I play different roles in life. Each of the parts consists of activities and attitudes that perform regarding the individual self. My social status reflects the self-position in groups based on wealth, education, and occupation. The position is vital and individual's admirer others. The quality is acquired through success in life and born in wealth. My product and brand choice reflect my societal role and status.
Moreover, cultural factors have a significant influence on my buying behavior. The cultural factors are the set of values and ideology of the Caucasian community and individuals. Whatever I see from my childhood, including my habits, belief, and principles, developed in me. As a result of my fishing hobby and working a lot, I have developed a buying behavior of spending mostly on fishing equipment and work-related items. The buying has satisfied my ego-defensive attitude of buying. Besides, buying movie-related items such as move drives provides an essence of the practical perspective. Cultural and societal factors have affected consumer behavior; thus, there is a shift of producer's attention from production to consumers.
Influence of personal communication style
Personality differentiates an individual from others—for instance, the change in personal characters such as self-confidence, flexibility, friendliness, and supremacy. Personal communication determines how individuals see themselves and the surrounding including how others see us. People around ...
Customer Decision Making Style, Based On Bugis –Makassar Culture in Indonesiainventionjournals
This research aims to describe the style of consumer decisionmakingphilosophyisbased on the application of behaviorderivedfrom culture Bugis in Makassar. The importance of knowing the style of the customer purchased ecision because there are manycompanies offering the same services, sothatconsumers are free to choose and move from one company to another. Thus the onlycompany capable of doing the best approach to consumers, whichis able to survive and successfully won a loyal customer. This article tries to explore ways or approachesthatcanbedone to reachconsumers in accordance with the cultural characteristics and desires of consumers, for the writing of thisisbased on searchesdonethroughscholarlywritings and non-scientific (derivedfrom magazines and newspapers on line and non on line) in Makassar.
Impact of Cultural Differences in Marketing on Buying BehaviourDr. Amarjeet Singh
Culture and differences in culture across the globe form an important aspect of marketing. One of the biggest factors that is taken into consideration by both marketing analysts and consumers is culture. Cultural Marketing, therefore, has gained importance as a way of marketing and market research. Especially when it comes to international trade and global marketing. The volatile nature of cultures as a concept makes it very difficult to predict the success or failure of a product or service. Cultural differences in marketing, therefore form the fundamental decision-making factors in the international marketing arena. This paper studies the consumers’ perception towards marketing strategies that align with their culture and the subsequent decisions they are likely to take based on these factions. Understanding this psychology is crucial to ensuring that a company can get a good return on its market investments while still generating a profit. Hence understanding the culture of a particular region before entering it is crucial and can play a huge role in the success of the company in that region.
Intrinsic and Extrinsic Factors in Impulsive Buying Behavior in Organized Ret...ijtsrd
This research examines the effect of different intrinsic and extrinsic factors influencing the impulsive buying behavior. Researcher presents the frameworks which demonstrate the interplay between intrinsic and extrinsic factors and its impact on purchase decisions. The grocery shopper people from Mumbai region were surveyed for this purpose. The results indicate that the product characteristics are dominant over retail characteristics. The intrinsic factors like culture which consists of collectivism and individualism, self esteem and personality were having moderate effect on impulsive buying behavior. Materialistic people were having significant impact on impulsive buying behavior. The product characteristic like product mix design, price and discounts, hedonic nature of product and store atmosphere were having significant impact on impulsive buying behavior. The special display of the product was having less significance in impulse buying behavior. Different promotional activities and choosing the right product mix were crucial to increase the fruit fall through consumer buying behavior. Kuldeep D. Ghorapade "Intrinsic and Extrinsic Factors in Impulsive Buying Behavior in Organized Retail Context" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-1 , December 2021, URL: https://www.ijtsrd.com/papers/ijtsrd47788.pdf Paper URL: https://www.ijtsrd.com/management/retail-marketing/47788/intrinsic-and-extrinsic-factors-in-impulsive-buying-behavior-in-organized-retail-context/kuldeep-d-ghorapade
The changing perception and buying behaviour of women consumer in Urban IndiaIOSR Journals
The working women segment has significantly influenced the modern marketing concept. The objective of this paper is to identify the changing perception and comparison of buying behaviour for working and non-working women in Urban India. It suggests that women due to their multiple roles influence their own and of their family members’ buying behaviour. The study also reveals that working women are price, quality and brand conscious and highly influenced by the others in shopping.
The Role of Attitude as Relationship Mediation between Products Knowledge an...inventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
Impact of Consumer innovativeness on shopping styles; A Case of Pakistaninventionjournals
ABSTRACT: Purpose: The main objective of this paper is to investigate the impact of consumer innovativeness on shopping styles in Pakistan. It is written with an aim to explore the relations among consumer innovativeness and shopping styles. DESIGN/METHODOLOGY/APPROACH: Survey method was used to generate the Reponses and sample of our study consists of 300 useful responses of respondents which were generated through questionnaire and Structural equation modeling (SEM) was applied by using Statistica 7 to examine the relation among cognitive and sensory innovativeness and six different shopping patterns. FINDINGS: We find that Consumers along with cognitive innovativeness have quality consciousness, price consciousness and confused by over choice when they make decisions. Consumers with sensory innovativeness have brand consciousness, fashion consciousness and habitual orientation towards decision making. It means that cognitive and sensory innovativeness can lead to diverse shopping patterns. RESEARCH LIMITATIONS: In our study we use convenience sampling technique to generate responses. So sample of 300 respondents generates exact results but these results cannot be applied on the whole population of Pakistan having different age groups. So major limitation of our research paper is generality of results MANAGERIAL IMPLICATION: The findings of our research paper enable manager to get the idea how customer are different in their shopping styles. Marketers can develop complete understanding about customer’s innovativeness and shopping styles so that they can launch successful marketing strategies for development of new products and make successful existing products.
When most people in the industry talk about online or digital reputation management, what they're really saying is Google search and PPC. And it's usually reactive, left dealing with the aftermath of negative information published somewhere online. That's outdated. It leaves executives, organizations and other high-profile individuals at a high risk of a digital reputation attack that spans channels and tactics. But the tools needed to safeguard against an attack are more cybersecurity-oriented than most marketing and communications professionals can manage. Business leaders Leaders grasp the importance; 83% of executives place reputation in their top five areas of risk, yet only 23% are confident in their ability to address it. To succeed in 2024 and beyond, you need to turn online reputation on its axis and think like an attacker.\
Key Takeaways:
- New framework for examining and safeguarding an online reputation
- Tools and techniques to keep you a step ahead
- Practical examples that demonstrate when to act, how to act and how to recover
Mastering Local SEO for Service Businesses in the AI Era is tailored specifically for local service providers like plumbers, dentists, and others seeking to dominate their local search landscape. This session delves into leveraging AI advancements to enhance your online visibility and search rankings through the Content Factory model, designed for creating high-impact, SEO-driven content. Discover the Dollar-a-Day advertising strategy, a cost-effective approach to boost your local SEO efforts and attract more customers with minimal investment. Gain practical insights on optimizing your online presence to meet the specific needs of local service seekers, ensuring your business not only appears but stands out in local searches. This concise, action-oriented workshop is your roadmap to navigating the complexities of digital marketing in the AI age, driving more leads, conversions, and ultimately, success for your local service business.
Key Takeaways:
Embrace AI for Local SEO: Learn to harness the power of AI technologies to optimize your website and content for local search. Understand the pivotal role AI plays in analyzing search trends and consumer behavior, enabling you to tailor your SEO strategies to meet the specific demands of your target local audience. Leverage the Content Factory Model: Discover the step-by-step process of creating SEO-optimized content at scale. This approach ensures a steady stream of high-quality content that engages local customers and boosts your search rankings. Get an action guide on implementing this model, complete with templates and scheduling strategies to maintain a consistent online presence. Maximize ROI with Dollar-a-Day Advertising: Dive into the cost-effective Dollar-a-Day advertising strategy that amplifies your visibility in local searches without breaking the bank. Learn how to strategically allocate your budget across platforms to target potential local customers effectively. The session includes an action guide on setting up, monitoring, and optimizing your ad campaigns to ensure maximum impact with minimal investment.
SMM Cheap - No. 1 SMM panel in the worldsmmpanel567
Boost your social media marketing with our SMM Panel services offering SMM Cheap services! Get cost-effective services for your business and increase followers, likes, and engagement across all social media platforms. Get affordable services perfect for businesses and influencers looking to increase their social proof. See how cheap SMM strategies can help improve your social media presence and be a pro at the social media game.
When most people in the industry talk about online or digital reputation management, what they're really saying is Google search and PPC. And it's usually reactive, left dealing with the aftermath of negative information published somewhere online. That's outdated. It leaves executives, organizations and other high-profile individuals at a high risk of a digital reputation attack that spans channels and tactics. But the tools needed to safeguard against an attack are more cybersecurity-oriented than most marketing and communications professionals can manage. Business leaders Leaders grasp the importance; 83% of executives place reputation in their top five areas of risk, yet only 23% are confident in their ability to address it. To succeed in 2024 and beyond, you need to turn online reputation on its axis and think like an attacker.
Key Takeaways:
- New framework for examining and safeguarding an online reputation
- Tools and techniques to keep you a step ahead
- Practical examples that demonstrate when to act, how to act and how to recover
In this presentation, Danny Leibrandt explains the impact of AI on SEO and what Google has been doing about it. Learn how to take your SEO game to the next level and win over Google with his new strategy anyone can use. Get actionable steps to rank your name, your business, and your clients on Google - the right way.
Key Takeaways:
1. Real content is king
2. Find ways to show EEAT
3. Repurpose across all platforms
Come learn how YOU can Animate and Illuminate the World with Generative AI's Explosive Power. Come sit in the driver's seat and learn to harness this great technology.
It's another new era of digital and marketers are faced with making big bets on their digital strategy. If you are looking at modernizing your tech stack to support your digital evolution, there are a few can't miss (often overlooked) areas that should be part of every conversation. We'll cover setting your vision, avoiding siloes, adding a democratized approach to data strategy, localization, creating critical governance requirements and more. Attendees will walk away with actions they can take into initiatives they are running today and consider for the future.
The Secret to Engaging Modern Consumers: Journey Mapping and Personalization
In today's digital landscape, understanding the customer's journey and delivering personalized experiences are paramount. This masterclass delves into the art of consumer journey mapping, a powerful technique that visualizes the entire customer experience across touchpoints. Attendees will learn how to create detailed journey maps, identify pain points, and uncover opportunities for optimization. The presentation also explores personalization strategies that leverage data and technology to tailor content, products, and experiences to individual customers. From real-time personalization to predictive analytics, attendees will gain insights into cutting-edge approaches that drive engagement and loyalty.
Key Takeaways:
Current consumer landscape; Steps to mapping an effective consumer journey; Understanding the value of personalization; Integrating mapping and personalization for success; Brands that are getting It right!; Best Practices; Future Trends
Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...Valters Lauzums
E-commerce in 2024 is characterized by a dynamic blend of opportunities and significant challenges. Supply chain disruptions and inventory shortages are critical issues, leading to increased shipping delays and rising costs, which impact timely delivery and squeeze profit margins. Efficient logistics management is essential, yet it is often hampered by these external factors. Payment processing, while needing to ensure security and user convenience, grapples with preventing fraud and integrating diverse payment methods, adding another layer of complexity. Furthermore, fulfillment operations require a streamlined approach to handle volume spikes and maintain accuracy in order picking, packing, and shipping, all while meeting customers' heightened expectations for faster delivery times.
Amid these operational challenges, customer data has emerged as an important strategy. By focusing on personalization and enhancing customer experience from historical behavior, businesses can deliver improved website and brand experienced, better product recommendations, optimal promotions, and content to meet individual preferences. Better data analytics can also help in effectively creating marketing campaigns, improving customer retention, and driving product development and inventory management.
Innovative formats such as social commerce and live shopping are beginning to impact the digital commerce landscape, offering new ways to engage with customers and drive sales, and may provide opportunity for brands that have been priced out or seen a downturn with post-pandemic shopping behavior. Social commerce integrates shopping experiences directly into social media platforms, tapping into the massive user bases of these networks to increase reach and engagement. Live shopping, on the other hand, combines entertainment and real-time interaction, providing a dynamic platform for showcasing products and encouraging immediate purchases. These innovations not only enhance customer engagement but also provide valuable data for businesses to refine their strategies and deliver superior shopping experiences.
The e-commerce sector is evolving rapidly, and businesses that effectively manage operational challenges and implement innovative strategies are best positioned for long-term success.
Most small businesses struggle to see marketing results. In this session, we will eliminate any confusion about what to do next, solving your marketing problems so your business can thrive. You’ll learn how to create a foundational marketing OS (operating system) based on neuroscience and backed by real-world results. You’ll be taught how to develop deep customer connections, and how to have your CRM dynamically segment and sell at any stage in the customer’s journey. By the end of the session, you’ll remove confusion and chaos and replace it with clarity and confidence for long-term marketing success.
Key Takeaways:
• Uncover the power of a foundational marketing system that dynamically communicates with prospects and customers on autopilot.
• Harness neuroscience and Tribal Alignment to transform your communication strategies, turning potential clients into fans and those fans into loyal customers.
• Discover the art of automated segmentation, pinpointing your most lucrative customers and identifying the optimal moments for successful conversions.
• Streamline your business with a content production plan that eliminates guesswork, wasted time, and money.
The digital marketing industry is changing faster than ever and those who don’t adapt with the times are losing market share. Where should marketers be focusing their efforts? What strategies are the experts seeing get the best results? Get up-to-speed with the latest industry insights, trends and predictions for the future in this panel discussion with some leading digital marketing experts.
Videos are more engaging, more memorable, and more popular than any other type of content out there. That’s why it’s estimated that 82% of consumer traffic will come from videos by 2025.
And with videos evolving from landscape to portrait and experts promoting shorter clips, one thing remains constant – our brains LOVE videos.
So is there science behind what makes people absolutely irresistible on camera?
The answer: definitely yes.
In this jam-packed session with Stephanie Garcia, you’ll get your hands on a steal-worthy guide that uncovers the art and science to being irresistible on camera. From body language to words that convert, she’ll show you how to captivate on command so that viewers are excited and ready to take action.
How to Use AI to Write a High-Quality Article that Ranksminatamang0021
In the world of content creation, many AI bloggers have drifted away from their original vision, resulting in low-quality articles that search engines overlook. Don't let that happen to you! Join us to discover how to leverage AI tools effectively to craft high-quality content that not only captures your audience's attention but also ranks well on search engines.
Disclaimer: Some of the prompts mentioned here are the examples of Matt Diggity. Please use it as reference and make your own custom prompts.
Mastering Local SEO for Service Businesses in the AI Era is tailored specifically for local service providers like plumbers, dentists, and others seeking to dominate their local search landscape. This session delves into leveraging AI advancements to enhance your online visibility and search rankings through the Content Factory model, designed for creating high-impact, SEO-driven content. Discover the Dollar-a-Day advertising strategy, a cost-effective approach to boost your local SEO efforts and attract more customers with minimal investment. Gain practical insights on optimizing your online presence to meet the specific needs of local service seekers, ensuring your business not only appears but stands out in local searches. This concise, action-oriented workshop is your roadmap to navigating the complexities of digital marketing in the AI age, driving more leads, conversions, and ultimately, success for your local service business.
Key Takeaways:
Embrace AI for Local SEO: Learn to harness the power of AI technologies to optimize your website and content for local search. Understand the pivotal role AI plays in analyzing search trends and consumer behavior, enabling you to tailor your SEO strategies to meet the specific demands of your target local audience. Leverage the Content Factory Model: Discover the step-by-step process of creating SEO-optimized content at scale. This approach ensures a steady stream of high-quality content that engages local customers and boosts your search rankings. Get an action guide on implementing this model, complete with templates and scheduling strategies to maintain a consistent online presence. Maximize ROI with Dollar-a-Day Advertising: Dive into the cost-effective Dollar-a-Day advertising strategy that amplifies your visibility in local searches without breaking the bank. Learn how to strategically allocate your budget across platforms to target potential local customers effectively. The session includes an action guide on setting up, monitoring, and optimizing your ad campaigns to ensure maximum impact with minimal investment.
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Previously the founder and Tech and Innovation Director of Creative Content Works working with the likes of Next, John Lewis and JD Sport, he now helps retailers, brands and agencies solve challenges of applying the emerging technologies 3D, AR, VR and Gen AI to real-world problems.
In this webinar, Vladimir will be covering the following topics:
Applications of 3D and AR in Digital Commerce,
Benefits of 3D and AR,
Tools to create, manage and publish 3D and AR in Digital Commerce.
First Things First: Building and Effective Marketing Strategy
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-Recognize the critical role of strategy in marketing
-Learn our approach for building an actionable, effective marketing strategy
-Receive templates and guides for developing a marketing strategy
SEO as the Backbone of Digital MarketingFelipe Bazon
In this talk Felipe Bazon will share how him and his team at Hedgehog Digital share our journey of making C-Levels alike, specially CMOS realize that SEO is the backbone of digital marketing by showing how SEO can contribute to brand awareness, reputation and authority and above all how to use SEO to create more robust global marketing strategies.
Short video marketing has sweeped the nation and is the fastest way to build an online brand on social media in 2024. In this session you will learn:- What is short video marketing- Which platforms work best for your business- Content strategies that are on brand for your business- How to sell organically without paying for ads.
How to use Short Form Video To Grow Your Brand and Business - Keenya Kelly
Influences of consumer_behavior_research_about_beverage_brands_of_pakistan1
1. International Journal of Academic Research in Business and Social Sciences
August 2014, Vol. 4, No. 8
ISSN: 2222-6990
137
www.hrmars.com
Influences of Consumer Behavior: Research about Beverage Brands of Pakistan
Waqar Nisar
BZU-Bahadur Sub Campus Layyah, Pakistan
E-mail: wnisar31@gmail.com
DOI: 10.6007/IJARBSS/v4-i8/1080 URL: http://dx.doi.org/10.6007/IJARBSS/v4-i8/1080
Abstract:
Consumer behavior plays an important part for the success of any organization. Without study of consumers and their behavior organization and marketers can’t achieve their goals and sale the products. Purpose of present study to explore the relationship between consumer behavior and beverage brands (Coca cola and Pepsi cola). Frequency and regression analysis use in present study. The data for present study has been collected from 3 major cities of Pakistan namely Lahore, Multan and Layyah. Results from present study explore that Majority of Pakistani prefer Coca cola and results further suggest that the consumer behavior can significantly influence the beverage brands of Pakistan. We can say that if the beverage industry of Pakistan put their focus upon the consumer behavior and produce their products according to their customer Demand and satisfy their needs then it wills leaders towards a positive increase in purchasing of beverage brands.
Key words: Consumer Behavior, Beverage Brands and Factors of Consumer Behavior.
1. Introduction:
Consumer behavior has been very important to all branded companies in all over the world. Because the research about the consumer behavior shows that what are the needs and wants of consumer, how consumer think, how consumer feel and select the branded products. The behavior of the consumers remains not same in all the time the consumers behavior change with the passage of time in future. The behavior of consumer is temporary for short time not permanently. The factors influences the consumer behavior are culture, family, social, society, age, groups, friends, environment and psychological factors (Brosekhan & Velayutham). The purpose of the research is how the factors of consumer behavior affect or influences the branded product. And the other purpose of this research is to gain the more knowledge about consumer behavior and improve the writing and thinking ability.
Gabbott (1994) and Mooij (2003) gives their points that every consumer in the market has perceived value when he purchased the same product mean every consumer’s shows different behavior when they are purchasing the same product. It mean consumer behavior of every individual is different from other depending on buying choice which is effected by their social class, psychological factors, friends, family, groups and other personal factors. For example one consumer purchase the car for status, 2nd consumer purchase for taxi business, 3rd consumer
2. International Journal of Academic Research in Business and Social Sciences
August 2014, Vol. 4, No. 8
ISSN: 2222-6990
138
www.hrmars.com
purchase for quality and 4th consumer for other reason. It mean every consumer have different thinking and perception when they are purchasing the same product.
Kotler (2003) studies show that consumer behavior helps the companies to improve their marketing strategies. He suggests that all the action that perform as a consumer is called consumer behavior. In other words we can say that consumer behavior is the process of Searching, organizing, evaluating, disposing and the using of goods to satisfy their needs and wants. Bhattacharya & Mitra (2012) “Consumer psychology is the study of the interactions between consumers and organizations that produce consumer products”. There are five various visions/roles of consumer when he purchase the branded products. 1st when consumer purchase the product to solve the problem the consumer acting as a problem solver, 2nd sometime consumer have some finance and when he thing how he spend the money in market in this condition consumer act as a economic creature, 3rd sometime consumer visit the market just for experience or for the judgment of branded products in this condition consumer act as a revolvers, 4th sometime consumer has store the information about branded products in their mind so in this condition consumer act as a computer and 5th is when consumer visit the market for shopping in this condition consumer act as a shopper. It means consumer shows different behavior in different condition.
2. Literature review:
Brosekhan & Velayutham (n.d) suggests that “consumer behavior refer all the mental and physical activities that consumer performs to fulfill their needs and wants and all these mental and physical activities use for the product”. Here the question is arise what is consumer, how is consumer? “Consumer means anyone who uses the product.”
Now I will explain those factors that influence the consumer behavior. I already discuss these factors in introduction namely and here I will briefly discuss.
Factors influence the consumer behavior:
Cultural factors:
Culture: Goodrich & Mooij (2013) describe that culture shows the collection of norms, values, beliefs, custom, behavior, and tradition of one society or country. To understand the behavior of consumer in any country the culture is an important concept. Culture is different from one society to other society or one country to other country on the behalf of their norms, values, tradition, beliefs, custom, behavior and their thoughts. For example the culture of Pakistan and India is different. International market believes that people / consumer in a country will eat the same food and wear the same clothes according to their culture. Therefore if an organization wants to be a market leader in international market then organization must be design their products according to the other countries culture not according to own culture and also adopt other’s countries culture to sell the products (Kacen & Lee, 2002)
Sub culture: the culture of a country or society has different subcultures. Under culture there are smaller group of people or subculture. These groups include geographical regions, groups, nationalities and religions. For example the subculture of Pakistan according to geographical regions is Sindhi, Balochi, Punjabi and Sarhadi and according to religion are Shia and Sooni. The norms, values, clothes, behavior, talking style, custom are also different in subcultures. It means the individual who live very close to each other can be different on the behalf of their
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subculture. Therefore organization made the segments of their products according to the subcultures. So one of the deepest and widespread influences on consumer behavior are subcultures (Kotler et al, 2006).
Social class: Yakup, Mücahit and Reyhan (2011) elaborate in their study that the social classes have their own similar values, behavior, interests, and style according to their rank. So companies should give the ranks of social classes by seeing their clothes, income, home, gaming activities and entertainment. For example upper class consumer prefer books, magazine, TV program and news, sub class consumer like television and lower class consumer like films and support channels. The language between social classes is also different. Therefore organization should be design the products, advertize the products and communicate according to the class level. Mooij and Hofstede (2002) (2011) also shed light on the influence of culture.
Social factors:
Zitkus & Puskoriute (2013) suggest that Social factors also influence our attitude and behavior directly or indirectly such as reference groups, family and social roles and status affect our behavior.
Reference groups: Refer those groups that directly or indirectly influence the consumer behavior. In reference groups those groups that directly influence the consumer behavior are called membership group or primary groups such as friends, neighbors, family and coworkers. People or consumers or also influence by religious, professional and trade union groups these groups are called secondary groups. Some other groups that influence people are aspirational groups. Aspirational groups are those groups a consumer want to become the member of these groups.
Family: Especially the people of Pakistan and India prefer joint family system. It means the people of Pak and India like to live within the family rather than individually. But in Europe people prefer individual system. They are like to live individually rather than within the family. A Family has a one big boss who runs the family and control the other factors mean he is the king who has the authority to do anything and other member follow him. So in a family one’s buying behavior strongly influence by other family members (Pandey & Dixit, 2011).
Roles and status: Every consumer belongs to the many groups such as family groups, religious groups, organizational groups and class. These groups help to define the roles and status of the consumer. The CEO of the company has more status than a general manager and the general manager has more status than a sales manager. So consumer shows their behavior according to their roles status. For example a CEO of the organization purchases the high price and high quality product and a sales manager purchase the low price and low quality product. Therefore each roles and status strongly influence consumer behavior.
Personal factors:
Age and stages of life cycle, occupation and economic circumstances and person’s personality include in personal factors. These factors influence the buying decision of consumer directly. And it’s important for marketer’s to understand them closely Yakup & Jablonsk (2012).
Age & stages of life cycle: the growth of human body increase over the time continuously. And the consumption level also increase or change with the growth of age. For example the consumption level of 5 year old child has been less than 14 year old boy. According to the
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growth of age the goods and services consume also change. Taste, food, clothes and behavior change with increasing age of a person and responsibility also increase when a person reached mature age. For example the financial burden has been less of unmarried man than those with family.
Occupation and economic situation: the profession or jobs in which a person work will strongly affect the goods and services consumed. For example a average job holder person buy low quality and low cost clothes, goods and shoes but on the other hand a company president buy high quality and high cost dress suit, goods and shoes. Therefore marketers should try to identify the high occupational groups and provide high quality product and services and also identify the low average occupational groups and provide goods and services according to their level. The economic situation of any country also strongly influences the buying behavior of consumer. Mean the consumer choice strongly affect by economic circumstances. If the living standard of the people is high then they also purchase good food, clothes and other things. It also influence by the income level, political satiability, import and export and currency value.
Personality: each person has different personality characteristics and traits. That makes a person unique. Personality created by the set of inner characteristic and psychological traits that both determine and reflect how a consumer will respond or react in a certain situation. According to the Freudian theory he suggests that personality is developing by unconscious needs or biological drives.
Human personalities have the combination of different traits and all these traits are qualitative nature. And these traits strongly affect on consumer buying behavior or choice. The major consumer traits are bellow:
Consumer innovativeness and related traits
Cognitive personality traits
Consumer materialism to compulsive consent
Psychological factors:
The two major psychological factors that highly affect on consumer behavior are:
Motivation: Hashim Zameer (2014) shows the importance of motivation on beverage industry in his study. He describes that motivation word is derived from “motive”. And the meaning of motive is needs, wants and the desire of a person. It means that the behavior a consumer or person shows because of some reason it is called motivation. Motivation occurs when a need aroused and consumer wish to satisfy. The human requirements are called need. There are two main types of needs. 1st primary needs and 2nd secondary needs. So it’s important for marketers to understand the needs and motivate the consumer. Abraham Maslow describe the certain needs into hierarchy of needs and tell us why people trying to satisfy certain needs in a certain situation.
Maslow's Hierarchy of Needs:
1. Psychological needs
2. Safety needs
3. Love / belonging needs
4. Esteem needs
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5. Self actualizations
Consumer skills and knowledge: consumer knowledge and skills is important factor that strongly influences the consumer choice because consumers firstly prefer those products about they have some information. It is necessary for all marketers to give the proper information to consumer about their products through the learning theories.
3. Theoretical Framework
Consumer behavior:
This study involve consumer behavior is an independent variables. In independent variables consumer behavior the factors that strongly influence the beverage brands in Pakistan are taste, quality of brand, price and awareness.
Beverage brands:
According to literature review beverage brands as a dependent variable. And in dependent variable the main beverage brand that is mostly use in Pak include Coca cola and Pepsi cola.
Hypothesis development:
H1: consumer behavior does not influence the beverage brands of Pakistan.
H0: consumer behavior does influence the beverage brands of Pakistan.
4. Material and Methods:
a. Research instrument and sample:
To examine the influence of consumer behavior towards beverage brands of Pakistan survey method is applied. Questionnaire I have designed comprises of three sections. First section is related to the personal profile of the respondent including their age and gender etc. which is measured by nominal scale. Second and third sections related to the questions related the variables namely consumer behavior and beverage brands measured by 5 point likert scale and staple scale. I selected the 3 major cities of Pakistan Layyah, Multan and Lahore for questionnaire survey. 150 questionnaires were distributed to the citizen personally but 126 people give response. The model will be as:
Beverage Brand= F (Consumer Behavior)
Beverage Brand=B0+B1ConBehv+e
Independent variables:
Taste
Quality of brand
Price
Awareness
Dependent variable:
Beverage brands (Coca cola & Pepsi cola)
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b. Analysis, Findings and Interpretation of Results:
To observe the influence of consumer behavior towards beverage brands first I used frequency analysis on variables to examine the frequency of people and the majority of people are brand conscious or brand unconscious. Second, regression analysis is used to examine the connection between dependent and independent variables.
Frequency analysis: Table 1.1. Purchased Frequency Percent Valid Percent Cumulative Percent Yes 125 99.2 99.2 99.2 No 1 .8 .8 100.0 Total 126 100.0 100.0
Source: Author’s Estimation
Table 1.1 Indicate that 99.2% people purchased beverage brad and 0.8% people not used beverage brands. It shows that majority of people in Pakistan used beverage brands. Table 1.2. Choice Frequency Percent Valid Percent Cumulative Percent Coca cola 76 60.3 60.3 60.3 Pepsi cola 50 39.7 39.7 100.0 Total 126 100.0 100.0
Source: Author’s Estimation
Table 1.2 indicates that 60.3% people in Pakistan prefer Coca cola and 39.7% people’s choice is Pepsi cola that shows majority of people in Pakistan like coca cola brand.
Table 1.3. Compared Frequency Percent Valid Percent Cumulative Percent Disagree 31 24.6 24.6 24.6 Neutral 26 20.6 20.6 45.2 Agree 69 54.8 54.8 100.0 Total 126 100.0 100.0
Source: Author’s Estimation
Table 1.3 indicate that 24.6% people are not compared different brand before purchasing, 20.6% neutral and 54.8% people are fully agree to compared the different beverage brands before purchasing. Mean majority of people in Pakistan are branding conscious.
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Table 1.4 Taste Frequency Percent Valid Percent Cumulative Percent Undesirable 7 5.6 5.6 5.6 Neutral 12 9.5 9.5 15.1 Desirable 107 84.9 84.9 100.0 Total 126 100.0 100.0
Source: Author’s Estimation
Table 1.4 indicates that 5.6% people are undesirable about the taste when they choosing a beverage brand, 9.5% are neutral and 84.9% are desirable about the taste when they choosing a beverage brand.
Table 1.5. Quality brand Frequency Percent Valid Percent Cumulative Percent Undesirable 11 8.8 8.8 8.8 Neutral 11 8.7 8.7 17.5 Desirable 104 82.5 82.5 100.0 Total 126 100.0 100.0
Source: Author’s Estimation
Table 1.5 indicates that 8.8% people are undesirable about the quality of beverage brands when they choosing, 8.7% are neutral and 82.5% people are desirable about the quality of beverage brands.. Table 1.6. Price Frequency Percent Valid Percent Cumulative Percent Undesirable 19 15.1 15.1 15.1 Neutral 39 31.0 31.0 46.1 Desirable 68 53.9 53.9 100.0 Total 126 100.0 100.0
Source: Author’s Estimation
Table 1.6 shows that 15.1% people in Pakistan are undesirable about the price of beverage brands of Pakistan, 31% are neutral and 53.9% people are desirable
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Table 1.7. awareness Frequency Percent Valid Percent Cumulative Percent Undesirable 9 7.1 7.1 7.1 Neutral 11 8.7 8.7 15.9 Desirable 106 84.1 84.1 100.0 Total 126 100.0 100.0
Source: Author’s Estimation
Table 1.7 indicates that 7.1% people are undesirable about the awareness of beverage brands when they choosing, 8.7% are neutral and 84.1% people are desirable. It shows majority are desirable about the awareness of beverage brands.
Regression analysis:
Table 1.8
Dependent variable: Beverage Brand
Method: Least Squares
Variables
Coefficient
Standard Error
T-Value
Prob.
Beta
Constant
1.991
0.434
4.590
0.000
Consumer Behavior
0.229
0.079
2.889
0.005
0.251
Source: Author’s Estimation
Table 1.8 shows beta values which means individual independent consumer behavior variable influence on dependent variable of beverage brands (Coca cola & Pepsi cola) of Pakistan. Results indicate that consumer behavior has the strong influence on beverage brands (Coca cola and Pepsi cola) of Pakistan with beta value 0.251. If we increase the 1 unit of consumer behavior its influence on beverage brands is 1.23%.
5. Conclusion:
The questionnaire sample of present study was 150 and distribute questionnaire in three major cities of Pakistan Multan, Layyah and Lahore but 126 people give the response. 60.3% people of Pakistan like Coca cola and 39.7& people like Pepsi cola. Majority of Pakistani people are brand conscious mean to say they pay attention to ads and consider many factors before purchasing
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any beverage brand. According to survey more than 50% people view that the price of beverage brands products are high in Pakistan. In this study having consumer behavior is independent variable and beverage brands (Coca cola and Pepsi cola) is dependent variable. I follow the kotler et Al. In present research’s literature review I give my points of view related to the consumer behavior and also describe those factors that can change the consumer’s behavior and choice. Cultural factors, social factors, personal factors and psychological factors strongly influence the consumer behavior. Present study is used to examine the relationship between consumer behavior and beverage brands (Coca cola and Pepsi cola) of Pakistan.
Results from present study suggest that if the beverage industry produce or made their brands according to the consumer/customer needs (taste, price, choice and awareness) their brands then consumer automatically increase and industry achieve their goals easily. The results further suggest that the consumer behavior can significantly influence the beverage brands of Pakistan. We can say that if the beverage industry of Pakistan put their focus upon the consumer behavior and produce their products according to their customer demand and satisfy their needs then it will leaders towards a positive increase in purchasing of beverage brands.
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