SlideShare a Scribd company logo
NATURE
SCOPE
APPLICATION
&
IMPORTANCE
OF
CONSUMER
BEHAVIOUR
BY - VIJYATA
LIKE SHARE SUBSCRIBE
Nature of Consumer Behaviour
Systematic
process
Consumer behaviour is a systematic process relating to
buying decisions of the customers.
Influenced
by various
factors
Consumer behaviour is influenced by a number of factors the
factors that influence consumers include marketing, personal,
psychological, situational, social and cultural etc
Different
for
different
customers
Different consumers behave differently. The different in
consumer behaviour is due to individual factors such as
nature of the consumer's lifestyle, culture etc.
Nature of Consumer Behaviour
Different for
different
products
Consumer behaviour is different for different products there
are some consumers who may buy more quantity of certain
items and very low quantity of some other items.
Vital for
marketers
The knowledge of consumer behaviour enables marketers to
take appropriate marketing decisions.
Undergoes a
change
The consumer behaviour undergoes a change over a period
of time depending upon changes in age , education and
income level etc
Scope of Consumer Behaviour
Consumer behaviour and marketing management
Consumer behaviour and non profit and social marketing
Consumer behaviour and Government decision making
Consumer behaviour and demarketing
Consumer behaviour and consumer education
Application of Consumer
Behaviour
Analysing market opportunity
Selecting target market
Marketing-mix decisions
Use in social and non profits marketing
Importance /significance of
Consumer Behaviour
Production policies Price policies
Decision regarding
channels of
distribution
Decision regarding
sales promotion
Exploiting marketing
opportunities
Consumer do not
always act or react
predictably
Highly diversified
consumer preferences
Rapid introduction of
new products
Implementing the
"Marketing concept
Thank you!!!
Write to me at Vijyata.rwc@gmail.com or comment in the comment box

More Related Content

What's hot

Consumer Behavior - Howard Sheth Model
Consumer Behavior - Howard Sheth ModelConsumer Behavior - Howard Sheth Model
Consumer Behavior - Howard Sheth Model
Chandan Bhosale
 
Consumer Behaviour Chapter 4 Consumer Motivation
Consumer Behaviour Chapter 4 Consumer MotivationConsumer Behaviour Chapter 4 Consumer Motivation
Consumer Behaviour Chapter 4 Consumer Motivation
Farman Zakhilwal
 
Post Purchase Consumer Behaviour
Post Purchase Consumer BehaviourPost Purchase Consumer Behaviour
Post Purchase Consumer Behaviour
King Julian
 
Consumer behaviour
Consumer behaviourConsumer behaviour
Consumer behaviour
kawther Ali
 
Dynamic nature of motivation for B.com, M.com BBA, MBA
Dynamic nature of motivation for B.com, M.com BBA, MBADynamic nature of motivation for B.com, M.com BBA, MBA
Dynamic nature of motivation for B.com, M.com BBA, MBA
Dr. Toran Lal Verma
 
CONSUMER BEHAVIOR
CONSUMER BEHAVIORCONSUMER BEHAVIOR
CONSUMER BEHAVIOR
Nadeem Siddiqui
 
Social class(Consumer Behavior)
Social class(Consumer Behavior)Social class(Consumer Behavior)
Social class(Consumer Behavior)Ashutosh Agrawal
 
Buying motives
Buying motivesBuying motives
Buying motives
Babita Yadav
 
Consumer buying behaviour
Consumer buying behaviourConsumer buying behaviour
Consumer buying behaviourShashi Shekhar
 
Legal & ethical issues in retailing
Legal & ethical issues in retailingLegal & ethical issues in retailing
Legal & ethical issues in retailingShwetanshu Gupta
 
Culture and Consumer Behavior
Culture and Consumer Behavior Culture and Consumer Behavior
Culture and Consumer Behavior
MD SALMAN ANJUM
 
Consumer imagery in consumer behavior
Consumer imagery in consumer  behaviorConsumer imagery in consumer  behavior
Consumer imagery in consumer behavior
FizzaTariq4
 
Consumer Behaviour- Influence of culture
Consumer Behaviour- Influence of cultureConsumer Behaviour- Influence of culture
Consumer Behaviour- Influence of culturerainbowlink
 
Chapter 6 Consumer Perception
Chapter 6 Consumer PerceptionChapter 6 Consumer Perception
Chapter 6 Consumer Perception
Avinash Kumar
 
Consumer behaviour
Consumer behaviourConsumer behaviour
Consumer behaviourSwati Sood
 
Unit 1 INTRODUCTION TO CONSUMER BEHAVIOUR
Unit 1 INTRODUCTION TO CONSUMER BEHAVIOURUnit 1 INTRODUCTION TO CONSUMER BEHAVIOUR
Unit 1 INTRODUCTION TO CONSUMER BEHAVIOUR
MAHUA MUKHERJEE
 
Consumer behaviour and marketing concept
Consumer behaviour and marketing conceptConsumer behaviour and marketing concept
Consumer behaviour and marketing concept
Dipankar Dutta
 
Nicosia model of consumer behaviour
Nicosia model of consumer behaviourNicosia model of consumer behaviour
Nicosia model of consumer behaviourAnju Mariyams
 
Consumer behaviour unit 1
Consumer behaviour unit 1Consumer behaviour unit 1
Consumer behaviour unit 1
Dnyan Bharti society/BMS,Dahanu
 
consumer behaviour learning
 consumer behaviour learning  consumer behaviour learning
consumer behaviour learning Sonakshi Anbu
 

What's hot (20)

Consumer Behavior - Howard Sheth Model
Consumer Behavior - Howard Sheth ModelConsumer Behavior - Howard Sheth Model
Consumer Behavior - Howard Sheth Model
 
Consumer Behaviour Chapter 4 Consumer Motivation
Consumer Behaviour Chapter 4 Consumer MotivationConsumer Behaviour Chapter 4 Consumer Motivation
Consumer Behaviour Chapter 4 Consumer Motivation
 
Post Purchase Consumer Behaviour
Post Purchase Consumer BehaviourPost Purchase Consumer Behaviour
Post Purchase Consumer Behaviour
 
Consumer behaviour
Consumer behaviourConsumer behaviour
Consumer behaviour
 
Dynamic nature of motivation for B.com, M.com BBA, MBA
Dynamic nature of motivation for B.com, M.com BBA, MBADynamic nature of motivation for B.com, M.com BBA, MBA
Dynamic nature of motivation for B.com, M.com BBA, MBA
 
CONSUMER BEHAVIOR
CONSUMER BEHAVIORCONSUMER BEHAVIOR
CONSUMER BEHAVIOR
 
Social class(Consumer Behavior)
Social class(Consumer Behavior)Social class(Consumer Behavior)
Social class(Consumer Behavior)
 
Buying motives
Buying motivesBuying motives
Buying motives
 
Consumer buying behaviour
Consumer buying behaviourConsumer buying behaviour
Consumer buying behaviour
 
Legal & ethical issues in retailing
Legal & ethical issues in retailingLegal & ethical issues in retailing
Legal & ethical issues in retailing
 
Culture and Consumer Behavior
Culture and Consumer Behavior Culture and Consumer Behavior
Culture and Consumer Behavior
 
Consumer imagery in consumer behavior
Consumer imagery in consumer  behaviorConsumer imagery in consumer  behavior
Consumer imagery in consumer behavior
 
Consumer Behaviour- Influence of culture
Consumer Behaviour- Influence of cultureConsumer Behaviour- Influence of culture
Consumer Behaviour- Influence of culture
 
Chapter 6 Consumer Perception
Chapter 6 Consumer PerceptionChapter 6 Consumer Perception
Chapter 6 Consumer Perception
 
Consumer behaviour
Consumer behaviourConsumer behaviour
Consumer behaviour
 
Unit 1 INTRODUCTION TO CONSUMER BEHAVIOUR
Unit 1 INTRODUCTION TO CONSUMER BEHAVIOURUnit 1 INTRODUCTION TO CONSUMER BEHAVIOUR
Unit 1 INTRODUCTION TO CONSUMER BEHAVIOUR
 
Consumer behaviour and marketing concept
Consumer behaviour and marketing conceptConsumer behaviour and marketing concept
Consumer behaviour and marketing concept
 
Nicosia model of consumer behaviour
Nicosia model of consumer behaviourNicosia model of consumer behaviour
Nicosia model of consumer behaviour
 
Consumer behaviour unit 1
Consumer behaviour unit 1Consumer behaviour unit 1
Consumer behaviour unit 1
 
consumer behaviour learning
 consumer behaviour learning  consumer behaviour learning
consumer behaviour learning
 

Similar to Nature, Scope, Importance and Application of consumer behavior

Marketing
MarketingMarketing
Marketing
arunptl
 
Customer behaviour
Customer behaviourCustomer behaviour
Customer behaviour
TapaswiniReddy3
 
C.B.
C.B.C.B.
Definition , nature , scope , applications of cb
Definition , nature , scope , applications of cbDefinition , nature , scope , applications of cb
Definition , nature , scope , applications of cb
saurabhmahajan54
 
presentation_consumer_behaviour 35th batch.ppt
presentation_consumer_behaviour 35th batch.pptpresentation_consumer_behaviour 35th batch.ppt
presentation_consumer_behaviour 35th batch.ppt
RajitaVoona
 
Mba project-report-consumert-behaviour
Mba project-report-consumert-behaviourMba project-report-consumert-behaviour
Mba project-report-consumert-behaviour
mba project reports
 
Consumer Behaviour and Segmentation.pptx
Consumer Behaviour and Segmentation.pptxConsumer Behaviour and Segmentation.pptx
Consumer Behaviour and Segmentation.pptx
Dr. Nidhi Raj Gupta
 
Consumer Behaviour.ppt
Consumer Behaviour.pptConsumer Behaviour.ppt
Consumer Behaviour.ppt
ssuser89412d1
 
Consumer Behavior . prepared by kar
Consumer Behavior . prepared by karConsumer Behavior . prepared by kar
Consumer Behavior . prepared by karSelva Rani
 
Chapter one
Chapter oneChapter one
Chapter oneresmawa
 
Consumer behavior all material Prepared by karventhan
Consumer behavior all material Prepared by karventhan Consumer behavior all material Prepared by karventhan
Consumer behavior all material Prepared by karventhan
karventhanps
 
Marketing Management module 3 uma k
Marketing Management module 3 uma kMarketing Management module 3 uma k
Marketing Management module 3 uma k
Dr UMA K
 
Consumer Behavior unit one.pptx
Consumer Behavior unit one.pptxConsumer Behavior unit one.pptx
Consumer Behavior unit one.pptx
bipinkandel7
 
Consumer behavior.pptx
 Consumer behavior.pptx Consumer behavior.pptx
Consumer behavior.pptx
Akanksha349803
 
b-com1consumerbehaviour-130205130300-phpapp02.pptx
b-com1consumerbehaviour-130205130300-phpapp02.pptxb-com1consumerbehaviour-130205130300-phpapp02.pptx
b-com1consumerbehaviour-130205130300-phpapp02.pptx
984416932690212
 
3 module Marketing Management university of Mysore
3 module Marketing Management university of Mysore 3 module Marketing Management university of Mysore
3 module Marketing Management university of Mysore
Dr UMA K
 
Mba marketing m-analyzing consumer markets - copy
Mba marketing m-analyzing consumer markets - copyMba marketing m-analyzing consumer markets - copy
Mba marketing m-analyzing consumer markets - copykumarrsonal
 
Perspectives on Consumer
Perspectives on ConsumerPerspectives on Consumer
Perspectives on Consumer
Indrajit Bage
 
Buyer behaviour
Buyer behaviour Buyer behaviour
Buyer behaviour
Dr Pooja
 

Similar to Nature, Scope, Importance and Application of consumer behavior (20)

Marketing
MarketingMarketing
Marketing
 
Customer behaviour
Customer behaviourCustomer behaviour
Customer behaviour
 
C.B.
C.B.C.B.
C.B.
 
Definition , nature , scope , applications of cb
Definition , nature , scope , applications of cbDefinition , nature , scope , applications of cb
Definition , nature , scope , applications of cb
 
presentation_consumer_behaviour 35th batch.ppt
presentation_consumer_behaviour 35th batch.pptpresentation_consumer_behaviour 35th batch.ppt
presentation_consumer_behaviour 35th batch.ppt
 
Mba project-report-consumert-behaviour
Mba project-report-consumert-behaviourMba project-report-consumert-behaviour
Mba project-report-consumert-behaviour
 
Consumer Behaviour and Segmentation.pptx
Consumer Behaviour and Segmentation.pptxConsumer Behaviour and Segmentation.pptx
Consumer Behaviour and Segmentation.pptx
 
Consumer Behaviour.ppt
Consumer Behaviour.pptConsumer Behaviour.ppt
Consumer Behaviour.ppt
 
Consumer Behavior . prepared by kar
Consumer Behavior . prepared by karConsumer Behavior . prepared by kar
Consumer Behavior . prepared by kar
 
Chapter one
Chapter oneChapter one
Chapter one
 
Consumer behavior all material Prepared by karventhan
Consumer behavior all material Prepared by karventhan Consumer behavior all material Prepared by karventhan
Consumer behavior all material Prepared by karventhan
 
Marketing Management module 3 uma k
Marketing Management module 3 uma kMarketing Management module 3 uma k
Marketing Management module 3 uma k
 
Consumer Behavior unit one.pptx
Consumer Behavior unit one.pptxConsumer Behavior unit one.pptx
Consumer Behavior unit one.pptx
 
Consumer behavior.pptx
 Consumer behavior.pptx Consumer behavior.pptx
Consumer behavior.pptx
 
1 mba cb introduction 2015
1 mba cb introduction 20151 mba cb introduction 2015
1 mba cb introduction 2015
 
b-com1consumerbehaviour-130205130300-phpapp02.pptx
b-com1consumerbehaviour-130205130300-phpapp02.pptxb-com1consumerbehaviour-130205130300-phpapp02.pptx
b-com1consumerbehaviour-130205130300-phpapp02.pptx
 
3 module Marketing Management university of Mysore
3 module Marketing Management university of Mysore 3 module Marketing Management university of Mysore
3 module Marketing Management university of Mysore
 
Mba marketing m-analyzing consumer markets - copy
Mba marketing m-analyzing consumer markets - copyMba marketing m-analyzing consumer markets - copy
Mba marketing m-analyzing consumer markets - copy
 
Perspectives on Consumer
Perspectives on ConsumerPerspectives on Consumer
Perspectives on Consumer
 
Buyer behaviour
Buyer behaviour Buyer behaviour
Buyer behaviour
 

More from Vijyata Singh

Marketing philosophies or Orientation
Marketing philosophies or OrientationMarketing philosophies or Orientation
Marketing philosophies or Orientation
Vijyata Singh
 
Pricing decision
Pricing decisionPricing decision
Pricing decision
Vijyata Singh
 
Retail image mix
Retail image mixRetail image mix
Retail image mix
Vijyata Singh
 
Store Layout Design
Store Layout DesignStore Layout Design
Store Layout Design
Vijyata Singh
 
Hypothesis
HypothesisHypothesis
Hypothesis
Vijyata Singh
 
Retail strategy
Retail strategyRetail strategy
Retail strategy
Vijyata Singh
 
Internationalization process
Internationalization processInternationalization process
Internationalization process
Vijyata Singh
 
EPRG Orientation
EPRG OrientationEPRG Orientation
EPRG Orientation
Vijyata Singh
 
International Business Environment- Domestic, Foreign & Global Environment
International Business Environment- Domestic, Foreign & Global Environment International Business Environment- Domestic, Foreign & Global Environment
International Business Environment- Domestic, Foreign & Global Environment
Vijyata Singh
 
Market Environment Analysis
Market Environment AnalysisMarket Environment Analysis
Market Environment Analysis
Vijyata Singh
 
Retail strategy
Retail strategyRetail strategy
Retail strategy
Vijyata Singh
 
Retail formats
Retail formatsRetail formats
Retail formats
Vijyata Singh
 
Retail formats part 3
Retail formats part 3Retail formats part 3
Retail formats part 3
Vijyata Singh
 
Retail formats part 2
Retail formats part 2Retail formats part 2
Retail formats part 2
Vijyata Singh
 
Retail formats
Retail formatsRetail formats
Retail formats
Vijyata Singh
 
Rural Consumer Behaviour
Rural Consumer BehaviourRural Consumer Behaviour
Rural Consumer Behaviour
Vijyata Singh
 
Rural vs. urban marketing
Rural vs. urban marketingRural vs. urban marketing
Rural vs. urban marketing
Vijyata Singh
 
The Rural Environment
The Rural EnvironmentThe Rural Environment
The Rural Environment
Vijyata Singh
 
Evolution of Rural marketing
Evolution of Rural marketingEvolution of Rural marketing
Evolution of Rural marketing
Vijyata Singh
 
Introduction to Rural marketing
Introduction to Rural marketing Introduction to Rural marketing
Introduction to Rural marketing
Vijyata Singh
 

More from Vijyata Singh (20)

Marketing philosophies or Orientation
Marketing philosophies or OrientationMarketing philosophies or Orientation
Marketing philosophies or Orientation
 
Pricing decision
Pricing decisionPricing decision
Pricing decision
 
Retail image mix
Retail image mixRetail image mix
Retail image mix
 
Store Layout Design
Store Layout DesignStore Layout Design
Store Layout Design
 
Hypothesis
HypothesisHypothesis
Hypothesis
 
Retail strategy
Retail strategyRetail strategy
Retail strategy
 
Internationalization process
Internationalization processInternationalization process
Internationalization process
 
EPRG Orientation
EPRG OrientationEPRG Orientation
EPRG Orientation
 
International Business Environment- Domestic, Foreign & Global Environment
International Business Environment- Domestic, Foreign & Global Environment International Business Environment- Domestic, Foreign & Global Environment
International Business Environment- Domestic, Foreign & Global Environment
 
Market Environment Analysis
Market Environment AnalysisMarket Environment Analysis
Market Environment Analysis
 
Retail strategy
Retail strategyRetail strategy
Retail strategy
 
Retail formats
Retail formatsRetail formats
Retail formats
 
Retail formats part 3
Retail formats part 3Retail formats part 3
Retail formats part 3
 
Retail formats part 2
Retail formats part 2Retail formats part 2
Retail formats part 2
 
Retail formats
Retail formatsRetail formats
Retail formats
 
Rural Consumer Behaviour
Rural Consumer BehaviourRural Consumer Behaviour
Rural Consumer Behaviour
 
Rural vs. urban marketing
Rural vs. urban marketingRural vs. urban marketing
Rural vs. urban marketing
 
The Rural Environment
The Rural EnvironmentThe Rural Environment
The Rural Environment
 
Evolution of Rural marketing
Evolution of Rural marketingEvolution of Rural marketing
Evolution of Rural marketing
 
Introduction to Rural marketing
Introduction to Rural marketing Introduction to Rural marketing
Introduction to Rural marketing
 

Recently uploaded

Winning local SEO in the Age of AI - Dennis Yu
Winning local SEO in the Age of AI - Dennis YuWinning local SEO in the Age of AI - Dennis Yu
May 2024 - VBOUT Partners Meeting Group Session
May 2024 - VBOUT Partners Meeting Group SessionMay 2024 - VBOUT Partners Meeting Group Session
May 2024 - VBOUT Partners Meeting Group Session
Vbout.com
 
Digital Marketing Trends - Experts Insights on How to Gain a Competitive Edge
Digital Marketing Trends - Experts Insights on How to Gain a Competitive EdgeDigital Marketing Trends - Experts Insights on How to Gain a Competitive Edge
Digital Marketing Trends - Experts Insights on How to Gain a Competitive Edge
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
10 Videos Any Business Can Make Right Now! - Shelly Nathan
10 Videos Any Business Can Make Right Now! - Shelly Nathan10 Videos Any Business Can Make Right Now! - Shelly Nathan
10 Videos Any Business Can Make Right Now! - Shelly Nathan
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
How to Use AI to Write a High-Quality Article that Ranks
How to Use AI to Write a High-Quality Article that RanksHow to Use AI to Write a High-Quality Article that Ranks
How to Use AI to Write a High-Quality Article that Ranks
minatamang0021
 
Core Web Vitals SEO Workshop - improve your performance [pdf]
Core Web Vitals SEO Workshop - improve your performance [pdf]Core Web Vitals SEO Workshop - improve your performance [pdf]
Core Web Vitals SEO Workshop - improve your performance [pdf]
Peter Mead
 
Digital Strategy Master Class - Andrew Rupert
Digital Strategy Master Class - Andrew RupertDigital Strategy Master Class - Andrew Rupert
My Personal Brand Exploration by Mariano
My Personal Brand Exploration by MarianoMy Personal Brand Exploration by Mariano
My Personal Brand Exploration by Mariano
marianooscos
 
5 Big Bets for 2024 - Jamie A. Lee, Stripes Co
5 Big Bets for 2024 - Jamie A. Lee, Stripes Co5 Big Bets for 2024 - Jamie A. Lee, Stripes Co
SEO as the Backbone of Digital Marketing
SEO as the Backbone of Digital MarketingSEO as the Backbone of Digital Marketing
SEO as the Backbone of Digital Marketing
Felipe Bazon
 
Email Marketing Master Class - Chris Ferris
Email Marketing Master Class - Chris FerrisEmail Marketing Master Class - Chris Ferris
34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER
34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER
34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER
DeepakTripathi733493
 
Winning local SEO in the Age of AI - Dennis Yu
Winning local SEO in the Age of AI - Dennis YuWinning local SEO in the Age of AI - Dennis Yu
Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...
Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...
Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...
Valters Lauzums
 
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel LeminTurn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Digital Marketing Trends - Experts Insights on How
Digital Marketing Trends - Experts Insights on HowDigital Marketing Trends - Experts Insights on How
Playlist and Paint Event with Sony Music U
Playlist and Paint Event with Sony Music UPlaylist and Paint Event with Sony Music U
Playlist and Paint Event with Sony Music U
SemajahParker
 
Your Path to Profits - The Game-Changing Power of a Marketing OS for Your Bus...
Your Path to Profits - The Game-Changing Power of a Marketing OS for Your Bus...Your Path to Profits - The Game-Changing Power of a Marketing OS for Your Bus...
Your Path to Profits - The Game-Changing Power of a Marketing OS for Your Bus...
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdfOffissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
offisadizayn
 
The New Era Of SEO - How AI Has Changed SEO Forever - Danny Leibrandt
The New Era Of SEO - How AI Has Changed SEO Forever - Danny LeibrandtThe New Era Of SEO - How AI Has Changed SEO Forever - Danny Leibrandt
The New Era Of SEO - How AI Has Changed SEO Forever - Danny Leibrandt
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 

Recently uploaded (20)

Winning local SEO in the Age of AI - Dennis Yu
Winning local SEO in the Age of AI - Dennis YuWinning local SEO in the Age of AI - Dennis Yu
Winning local SEO in the Age of AI - Dennis Yu
 
May 2024 - VBOUT Partners Meeting Group Session
May 2024 - VBOUT Partners Meeting Group SessionMay 2024 - VBOUT Partners Meeting Group Session
May 2024 - VBOUT Partners Meeting Group Session
 
Digital Marketing Trends - Experts Insights on How to Gain a Competitive Edge
Digital Marketing Trends - Experts Insights on How to Gain a Competitive EdgeDigital Marketing Trends - Experts Insights on How to Gain a Competitive Edge
Digital Marketing Trends - Experts Insights on How to Gain a Competitive Edge
 
10 Videos Any Business Can Make Right Now! - Shelly Nathan
10 Videos Any Business Can Make Right Now! - Shelly Nathan10 Videos Any Business Can Make Right Now! - Shelly Nathan
10 Videos Any Business Can Make Right Now! - Shelly Nathan
 
How to Use AI to Write a High-Quality Article that Ranks
How to Use AI to Write a High-Quality Article that RanksHow to Use AI to Write a High-Quality Article that Ranks
How to Use AI to Write a High-Quality Article that Ranks
 
Core Web Vitals SEO Workshop - improve your performance [pdf]
Core Web Vitals SEO Workshop - improve your performance [pdf]Core Web Vitals SEO Workshop - improve your performance [pdf]
Core Web Vitals SEO Workshop - improve your performance [pdf]
 
Digital Strategy Master Class - Andrew Rupert
Digital Strategy Master Class - Andrew RupertDigital Strategy Master Class - Andrew Rupert
Digital Strategy Master Class - Andrew Rupert
 
My Personal Brand Exploration by Mariano
My Personal Brand Exploration by MarianoMy Personal Brand Exploration by Mariano
My Personal Brand Exploration by Mariano
 
5 Big Bets for 2024 - Jamie A. Lee, Stripes Co
5 Big Bets for 2024 - Jamie A. Lee, Stripes Co5 Big Bets for 2024 - Jamie A. Lee, Stripes Co
5 Big Bets for 2024 - Jamie A. Lee, Stripes Co
 
SEO as the Backbone of Digital Marketing
SEO as the Backbone of Digital MarketingSEO as the Backbone of Digital Marketing
SEO as the Backbone of Digital Marketing
 
Email Marketing Master Class - Chris Ferris
Email Marketing Master Class - Chris FerrisEmail Marketing Master Class - Chris Ferris
Email Marketing Master Class - Chris Ferris
 
34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER
34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER
34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER
 
Winning local SEO in the Age of AI - Dennis Yu
Winning local SEO in the Age of AI - Dennis YuWinning local SEO in the Age of AI - Dennis Yu
Winning local SEO in the Age of AI - Dennis Yu
 
Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...
Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...
Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...
 
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel LeminTurn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
 
Digital Marketing Trends - Experts Insights on How
Digital Marketing Trends - Experts Insights on HowDigital Marketing Trends - Experts Insights on How
Digital Marketing Trends - Experts Insights on How
 
Playlist and Paint Event with Sony Music U
Playlist and Paint Event with Sony Music UPlaylist and Paint Event with Sony Music U
Playlist and Paint Event with Sony Music U
 
Your Path to Profits - The Game-Changing Power of a Marketing OS for Your Bus...
Your Path to Profits - The Game-Changing Power of a Marketing OS for Your Bus...Your Path to Profits - The Game-Changing Power of a Marketing OS for Your Bus...
Your Path to Profits - The Game-Changing Power of a Marketing OS for Your Bus...
 
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdfOffissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
 
The New Era Of SEO - How AI Has Changed SEO Forever - Danny Leibrandt
The New Era Of SEO - How AI Has Changed SEO Forever - Danny LeibrandtThe New Era Of SEO - How AI Has Changed SEO Forever - Danny Leibrandt
The New Era Of SEO - How AI Has Changed SEO Forever - Danny Leibrandt
 

Nature, Scope, Importance and Application of consumer behavior

  • 2. Nature of Consumer Behaviour Systematic process Consumer behaviour is a systematic process relating to buying decisions of the customers. Influenced by various factors Consumer behaviour is influenced by a number of factors the factors that influence consumers include marketing, personal, psychological, situational, social and cultural etc Different for different customers Different consumers behave differently. The different in consumer behaviour is due to individual factors such as nature of the consumer's lifestyle, culture etc.
  • 3. Nature of Consumer Behaviour Different for different products Consumer behaviour is different for different products there are some consumers who may buy more quantity of certain items and very low quantity of some other items. Vital for marketers The knowledge of consumer behaviour enables marketers to take appropriate marketing decisions. Undergoes a change The consumer behaviour undergoes a change over a period of time depending upon changes in age , education and income level etc
  • 4. Scope of Consumer Behaviour Consumer behaviour and marketing management Consumer behaviour and non profit and social marketing Consumer behaviour and Government decision making Consumer behaviour and demarketing Consumer behaviour and consumer education
  • 5. Application of Consumer Behaviour Analysing market opportunity Selecting target market Marketing-mix decisions Use in social and non profits marketing
  • 6. Importance /significance of Consumer Behaviour Production policies Price policies Decision regarding channels of distribution Decision regarding sales promotion Exploiting marketing opportunities Consumer do not always act or react predictably Highly diversified consumer preferences Rapid introduction of new products Implementing the "Marketing concept
  • 7. Thank you!!! Write to me at Vijyata.rwc@gmail.com or comment in the comment box