It is based on the consumer decision-making process. An HBR article is reviewed and theoretical analysis is made. The discussion mainly centres on how the purchasing decisions are made.
The Changing Consumer - Rise of the Consumer ActivistMarkKershaw11
At Continuous, we believe that brands no longer need radical transformation. What they do need to do is adapt - to stay relevant in a constantly changing landscape. But what is that constantly changing landscape? What does it mean for our consumers?
At the end of 2020, after a particularly challenging year,
we set about researching exactly how consumers had changed. We read trend reports (lots), articles, news stories and other research papers and then workshopped all of
our ideas. What we found? An emerging, but powerful voice; a consumer holding brands accountable and ready to boycott the ones that didn’t match up. They demanded certainty, responsibility and connection. We called them the Consumer Activist.
We’ve written a lot in the past year about the Consumer Activist, but it was still a hypothesis — albeit backed up with lots of desk research. We wanted to test our thinking; to find out if the Consumer Activist really existed, if they thought and acted how we thought they did and, most importantly, how they’re growing. We got in touch with our research partners at Market Measures to help us.
This piece forms the beginning of tracking the Consumer Activist and the influence that they have on other consumer groups. It explores what they care about, what other brands they like, and how that compares to other groups. It proves they exist.
Say hello to the Consumer Activist.
Dissertation investigation into the factors motivating impulse shopping behav...WritingHubUK
This research attempt to explore the concept of impulse purchasing rise among the consumers in this competitive world. Here the study explores with some surveys, how impulse purchasing is related to special price, what are the different factors leading it. The major outcome of the study proves out that this behaviour which was common among high class society is no longer, as more consumers are looking for the profit from spontaneous buy. And apparel purchasing is a good example supporting it.
This document discusses consumer buying behavior and several key concepts:
1. Consumer behavior is influenced by psychology, sociology, and economics and involves how people buy and use products.
2. Predicting consumer behavior is difficult because consumers differ and have many influences. However, most buying is repeat buying out of habit.
3. While marketers often focus on high involvement decisions, most decisions have low involvement and are driven by habit, convenience, and reducing effort. Memory also plays a large role in consumer decisions and brand awareness.
Cognitive psychology explores mental processes like learning, memory, and thinking and their implications for marketers. Cognitive learning occurs through mental processes, with people actively using information to solve problems and master their environment. This perspective views the learner as acquiring new knowledge internally rather than focusing on behavioral change. Cognitive theory proposes that consumers experience anxiety when making purchases due to many desirable alternatives, and try to reduce dissonance after purchasing by gathering information supporting their choice. This implies marketers should use cognitive elaboration in ads to influence brand choices, build equity, and differentiate brands on important dimensions to sustain preferences.
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 document discusses consumer behavior, defining it as the study of how individuals make decisions to spend resources on consumption. Consumer behavior is influenced by internal factors like cognition, affect, and behavior as well as external environmental factors. It is a complex process that marketers must understand in order to effectively segment, target, position, and design products for consumers. The key is providing value to satisfy consumer needs and wants better than competitors. Studying consumer behavior helps marketers analyze opportunities and threats, implement marketing strategies, and improve standards of living through consumption.
This document discusses consumer behavior and the factors that influence it. It defines consumer behavior as how individuals make decisions to spend resources on consumer goods and services. Consumer behavior is influenced by internal factors like personal characteristics, psychology, and external factors like culture and society. The document outlines the consumer decision making process and categories it includes routine, limited, and extensive decision making. It explores how motivation, beliefs, attitudes, perception, and learning impact consumer psychology. Social factors like reference groups, family, and status also influence behavior as do cultural influences like culture, subcultures, and social class. Understanding consumer behavior is important for industries like textiles to focus on what consumers buy, where they shop, how they learn about products, and socio
The Changing Consumer - Rise of the Consumer ActivistMarkKershaw11
At Continuous, we believe that brands no longer need radical transformation. What they do need to do is adapt - to stay relevant in a constantly changing landscape. But what is that constantly changing landscape? What does it mean for our consumers?
At the end of 2020, after a particularly challenging year,
we set about researching exactly how consumers had changed. We read trend reports (lots), articles, news stories and other research papers and then workshopped all of
our ideas. What we found? An emerging, but powerful voice; a consumer holding brands accountable and ready to boycott the ones that didn’t match up. They demanded certainty, responsibility and connection. We called them the Consumer Activist.
We’ve written a lot in the past year about the Consumer Activist, but it was still a hypothesis — albeit backed up with lots of desk research. We wanted to test our thinking; to find out if the Consumer Activist really existed, if they thought and acted how we thought they did and, most importantly, how they’re growing. We got in touch with our research partners at Market Measures to help us.
This piece forms the beginning of tracking the Consumer Activist and the influence that they have on other consumer groups. It explores what they care about, what other brands they like, and how that compares to other groups. It proves they exist.
Say hello to the Consumer Activist.
Dissertation investigation into the factors motivating impulse shopping behav...WritingHubUK
This research attempt to explore the concept of impulse purchasing rise among the consumers in this competitive world. Here the study explores with some surveys, how impulse purchasing is related to special price, what are the different factors leading it. The major outcome of the study proves out that this behaviour which was common among high class society is no longer, as more consumers are looking for the profit from spontaneous buy. And apparel purchasing is a good example supporting it.
This document discusses consumer buying behavior and several key concepts:
1. Consumer behavior is influenced by psychology, sociology, and economics and involves how people buy and use products.
2. Predicting consumer behavior is difficult because consumers differ and have many influences. However, most buying is repeat buying out of habit.
3. While marketers often focus on high involvement decisions, most decisions have low involvement and are driven by habit, convenience, and reducing effort. Memory also plays a large role in consumer decisions and brand awareness.
Cognitive psychology explores mental processes like learning, memory, and thinking and their implications for marketers. Cognitive learning occurs through mental processes, with people actively using information to solve problems and master their environment. This perspective views the learner as acquiring new knowledge internally rather than focusing on behavioral change. Cognitive theory proposes that consumers experience anxiety when making purchases due to many desirable alternatives, and try to reduce dissonance after purchasing by gathering information supporting their choice. This implies marketers should use cognitive elaboration in ads to influence brand choices, build equity, and differentiate brands on important dimensions to sustain preferences.
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 document discusses consumer behavior, defining it as the study of how individuals make decisions to spend resources on consumption. Consumer behavior is influenced by internal factors like cognition, affect, and behavior as well as external environmental factors. It is a complex process that marketers must understand in order to effectively segment, target, position, and design products for consumers. The key is providing value to satisfy consumer needs and wants better than competitors. Studying consumer behavior helps marketers analyze opportunities and threats, implement marketing strategies, and improve standards of living through consumption.
This document discusses consumer behavior and the factors that influence it. It defines consumer behavior as how individuals make decisions to spend resources on consumer goods and services. Consumer behavior is influenced by internal factors like personal characteristics, psychology, and external factors like culture and society. The document outlines the consumer decision making process and categories it includes routine, limited, and extensive decision making. It explores how motivation, beliefs, attitudes, perception, and learning impact consumer psychology. Social factors like reference groups, family, and status also influence behavior as do cultural influences like culture, subcultures, and social class. Understanding consumer behavior is important for industries like textiles to focus on what consumers buy, where they shop, how they learn about products, and socio
5 consumer behaviour research paper hari masterpiece HariMasterpiece
This document summarizes a research paper on analyzing factors that influence consumer behavior and promoting in marketing. It discusses how studying consumer behavior is important for marketers to understand what influences consumers' purchasing decisions. It also examines different types of consumer behavior and factors that affect consumer behavior, such as advertising, financial conditions, personal preferences, social influence, and purchasing power. Additionally, it outlines patterns of consumer behavior including area of purchase, time and frequency of purchase, and method of purchase. The document concludes that understanding consumer psychology and how consumers think, feel, reason and make decisions is important for effective marketing.
5 consumer behaviour research paper publishedin international journalmaaranhari
This document summarizes a research paper on analyzing consumer behavior and factors that influence marketing. It discusses how studying consumer behavior is important for marketers to understand what influences consumer purchasing decisions. It also explores the different factors that influence consumer behavior, including advertising, financial conditions, personal preferences, peer influence, and purchasing power. Additionally, it examines patterns in consumer behavior like area of purchase, time and frequency of purchase, and method of purchase. The document concludes that understanding consumer psychology is key for marketers to appeal to customers on an emotional level and find opportunities to engage positive psychological reactions in potential consumers.
This document summarizes a research paper on analyzing consumer behavior and factors that influence marketing. It discusses how studying consumer behavior is important for marketers to understand what influences consumer purchasing decisions. It also explores the different factors that influence consumer behavior, including advertising, financial conditions, personal preferences, peer influence, and purchasing power. Additionally, it examines patterns in consumer behavior like area of purchase, time and frequency of purchase, and method of purchase. The document concludes that understanding consumer psychology is key to convincing people and creating an emotional appeal that can gain long-term customers.
This document summarizes a research paper on analyzing consumer behavior and factors that influence marketing. It discusses how studying consumer behavior is important for marketers to understand what influences consumer purchasing decisions. It also explores the different factors that influence consumer behavior, including advertising, financial conditions, personal preferences, peer influence, and purchasing power. Additionally, it examines patterns in consumer behavior like area of purchase, time and frequency of purchase, and method of purchase. The document concludes that understanding consumer psychology is key to convincing people and creating an emotional appeal that can gain long-term customers.
This document provides definitions and explanations of consumer behavior from several perspectives:
1) It defines consumer behavior as how individuals make decisions to spend resources on consumption items like what, why, when, where, and how often they buy products and services.
2) Consumer behavior focuses on the process of acquiring, using and disposing of products and services. It is influenced by psychological, social, cultural and situational factors.
3) Several models of consumer behavior are described that analyze economic, psychological and social influences on consumption decisions. These include the economic model, Veblenian social psychology model, Pavlovian learning theory, and psychoanalytic theory.
4) The implications of understanding consumer behavior for marketing
This document summarizes consumer behavior and the factors that influence it. It discusses that consumer behavior is the study of how individuals select, buy, use, and dispose of goods and services. It is influenced by cultural, social, personal, and psychological factors. The major theories of consumer behavior are economic, psychological, psychoanalytical, and sociocultural theories. The document also examines the consumer buying process and models used to understand it.
Marketing shapes consumer needs and wants in several ways. Marketers actively influence consumers' demands through advertising and promotion that plant ideas to make consumers feel they need certain products. For example, advertisements highlighting discounts can encourage people to buy products they didn't originally need. Marketers also shape needs through rewards programs, as seen in a supermarket chain that uses awards to incentivize bulk purchases and create perceived needs among customers. While basic human needs are influenced by geographic and cultural factors, marketers effectively stimulate wants and demand above true needs through persuasive marketing communication strategies.
Consumer Behavior_Unit 1- AS PER syallbus.pptxSumanMaurya43
This document provides an overview of a course on consumer behavior. It discusses key topics that will be covered in the course, including definitions of consumer behavior, differences between consumers and customers, factors that influence consumer behavior, applications of understanding consumer behavior, and the impact of the internet and e-commerce on consumer behavior. It also explains the importance and need for studying consumer behavior to help marketers better understand customers.
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.
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 document discusses the concept of buyer behavior and the factors that influence it, including cultural factors like culture and subculture, social factors like reference groups and family, and personal factors like age, occupation, and lifestyle. It also examines psychological factors affecting buyer behavior such as perception, motivation, beliefs, and attitudes. Understanding these influences on buyer behavior is important for marketers to better target customers and develop effective marketing strategies.
This document provides an introduction and overview of key marketing concepts. It defines marketing as a social and managerial process of satisfying customer needs through exchange and defines the customer as being at the heart of modern marketing. It discusses the key elements of marketing including identifying customer needs and wants, developing products and services to meet those needs, distributing and promoting products, and building relationships. It also outlines different states of demand that a marketer may encounter and the corresponding marketing strategies, such as stimulating demand when it is nonexistent or reversing declining demand. Finally, it discusses different philosophies that guide a company's marketing approach such as production-oriented, product-oriented, and societal marketing.
This document discusses key marketing concepts including needs, wants, demands, value, satisfaction, exchange, customers vs consumers, and markets. It defines marketing as a social process to obtain needs and wants through exchange. Customers are satisfied when expectations are met but delighted when expectations are exceeded, leading to loyalty. The goal of marketing is to attract and retain customers by delivering value and satisfaction.
1. Consumer behaviour is the study of how consumers make purchasing decisions and how individuals, groups, and organizations select, buy, use, and dispose of goods, services, ideas, or experiences to satisfy needs and wants.
2. There are several factors that influence a consumer's buying decisions, including psychological, social, economic factors.
3. A consumer goes through various stages before making a purchase including need recognition, information search, evaluation of alternatives, purchase decision, and post-purchase evaluation. The consumer's need is what triggers the buying process.
3 module Marketing Management university of Mysore Dr UMA K
This document provides an overview of Module 3 which covers buyer behavior and influencing factors. It begins with definitions of key concepts like consumer, buyer behavior, and factors that influence consumer decisions. Cultural factors like values, beliefs and customs shape needs and wants. Social factors such as reference groups, family, and roles/status also impact consumer behavior. Understanding these internal and external factors is important for marketers to satisfy consumer needs through effective product offerings and marketing strategies. The document then discusses types of consumer behavior and the need to study consumer behavior to aid in business success.
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 on Customer Purchasing Behaviour on Durable Goods in Kukatpally, Hyde...ijtsrd
The consumer durable goods industry is operating in a highly competitive, complex and rapidly changing business environment. The consumer buying preferences are rapidly changing and moving towards high-end technology products. Products which were once considered luxury items have become a necessity because of the changing lifestyle and rising income levels. The consumer is brand-conscious, but not necessarily brand-loyal. Buyers tend to exhibit different types of buying behavior when they are in the process of purchasing goods and services and the behaviors witnessed are influenced by the type of product he she wants to buy. It is a very long process where the consumer makes the final decision whether or not to buy the product. This is called buying decision making. There are various factors which influence consumer decision making which include demographic socio-economic and cultural status etc. The major factors that affect consumer buying behavior are age, gender, income, social influence. In addition, from the product side price, durability, brand name, product features, after sales service etc., may also have a great impact on decision making. This project deals with the study on the factors that affect the consumer purchase behavior on Durable goods. This study is helpful for both business firm to maintain good customer relationship and for the consumer also as he need not look for more alternatives. Dr. E. Murali Darshan | Boosa Ravi Teja "A Study on Customer Purchasing Behaviour on Durable Goods in Kukatpally, Hyderabad" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-2 , February 2019, URL: https://www.ijtsrd.com/papers/ijtsrd21493.pdf
Paper URL: https://www.ijtsrd.com/management/consumer-behaviour/21493/a-study-on-customer-purchasing-behaviour-on-durable-goods-in-kukatpally-hyderabad/dr-e-murali-darshan
International Journal of Business and Management Invention (IJBMI)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
Collectors seem to share unique personality traits with respect to their hobby or collection. The study found that collectors tend to be highly patient, passionate about their interest area, and able to deal with challenges in acquiring new items for their collection. They remain dedicated to their hobby despite ups and downs, are aware of trends in their interest area, and are willing to invest significant time and money to further their collection. Collecting provides meanings related to one's identity, relationships with others, preservation of history, and financial investment. However, it can also resemble addictive behavior for some. The personality traits of collectors highlight their enduring involvement and deep commitment to both the objects and process of acquiring items for their collection.
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.
From Subreddits To Search: Maximizing Your Brand's Impact On RedditSearch Engine Journal
The search landscape is undergoing a seismic shift, and Reddit is at the epicenter. Google's Helpful Content Update and its $60 million deal with Reddit, coupled with OpenAI's partnership, have catapulted Reddit's real-time content to unprecedented heights.
Check out this insightful webinar exploring the newfound importance of Reddit in the digital marketing landscape. Learn how these changes make Reddit an essential platform for getting your brand and content in front of evolving search audiences.
You’ll hear:
- The evolution of Reddit as a major influencer on SERPS over the years.
- The impact of recent changes and partnerships on Reddit’s place in search.
- A comprehensive look at Reddit, how it works, and how to approach it.
- Unique engagement opportunities presented by Reddit.
With Brent Csutoras, a Reddit expert with over 18 years of experience on the platform, we’ll delve into the intricacies of Reddit's communities, known as Subreddits, and how to leverage their power without compromising authenticity or violating community guidelines in the age of AI-driven search experiences.
Don't miss this opportunity to stay ahead of the curve and leverage Reddit for your brand's success.
5 consumer behaviour research paper hari masterpiece HariMasterpiece
This document summarizes a research paper on analyzing factors that influence consumer behavior and promoting in marketing. It discusses how studying consumer behavior is important for marketers to understand what influences consumers' purchasing decisions. It also examines different types of consumer behavior and factors that affect consumer behavior, such as advertising, financial conditions, personal preferences, social influence, and purchasing power. Additionally, it outlines patterns of consumer behavior including area of purchase, time and frequency of purchase, and method of purchase. The document concludes that understanding consumer psychology and how consumers think, feel, reason and make decisions is important for effective marketing.
5 consumer behaviour research paper publishedin international journalmaaranhari
This document summarizes a research paper on analyzing consumer behavior and factors that influence marketing. It discusses how studying consumer behavior is important for marketers to understand what influences consumer purchasing decisions. It also explores the different factors that influence consumer behavior, including advertising, financial conditions, personal preferences, peer influence, and purchasing power. Additionally, it examines patterns in consumer behavior like area of purchase, time and frequency of purchase, and method of purchase. The document concludes that understanding consumer psychology is key for marketers to appeal to customers on an emotional level and find opportunities to engage positive psychological reactions in potential consumers.
This document summarizes a research paper on analyzing consumer behavior and factors that influence marketing. It discusses how studying consumer behavior is important for marketers to understand what influences consumer purchasing decisions. It also explores the different factors that influence consumer behavior, including advertising, financial conditions, personal preferences, peer influence, and purchasing power. Additionally, it examines patterns in consumer behavior like area of purchase, time and frequency of purchase, and method of purchase. The document concludes that understanding consumer psychology is key to convincing people and creating an emotional appeal that can gain long-term customers.
This document summarizes a research paper on analyzing consumer behavior and factors that influence marketing. It discusses how studying consumer behavior is important for marketers to understand what influences consumer purchasing decisions. It also explores the different factors that influence consumer behavior, including advertising, financial conditions, personal preferences, peer influence, and purchasing power. Additionally, it examines patterns in consumer behavior like area of purchase, time and frequency of purchase, and method of purchase. The document concludes that understanding consumer psychology is key to convincing people and creating an emotional appeal that can gain long-term customers.
This document provides definitions and explanations of consumer behavior from several perspectives:
1) It defines consumer behavior as how individuals make decisions to spend resources on consumption items like what, why, when, where, and how often they buy products and services.
2) Consumer behavior focuses on the process of acquiring, using and disposing of products and services. It is influenced by psychological, social, cultural and situational factors.
3) Several models of consumer behavior are described that analyze economic, psychological and social influences on consumption decisions. These include the economic model, Veblenian social psychology model, Pavlovian learning theory, and psychoanalytic theory.
4) The implications of understanding consumer behavior for marketing
This document summarizes consumer behavior and the factors that influence it. It discusses that consumer behavior is the study of how individuals select, buy, use, and dispose of goods and services. It is influenced by cultural, social, personal, and psychological factors. The major theories of consumer behavior are economic, psychological, psychoanalytical, and sociocultural theories. The document also examines the consumer buying process and models used to understand it.
Marketing shapes consumer needs and wants in several ways. Marketers actively influence consumers' demands through advertising and promotion that plant ideas to make consumers feel they need certain products. For example, advertisements highlighting discounts can encourage people to buy products they didn't originally need. Marketers also shape needs through rewards programs, as seen in a supermarket chain that uses awards to incentivize bulk purchases and create perceived needs among customers. While basic human needs are influenced by geographic and cultural factors, marketers effectively stimulate wants and demand above true needs through persuasive marketing communication strategies.
Consumer Behavior_Unit 1- AS PER syallbus.pptxSumanMaurya43
This document provides an overview of a course on consumer behavior. It discusses key topics that will be covered in the course, including definitions of consumer behavior, differences between consumers and customers, factors that influence consumer behavior, applications of understanding consumer behavior, and the impact of the internet and e-commerce on consumer behavior. It also explains the importance and need for studying consumer behavior to help marketers better understand customers.
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.
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 document discusses the concept of buyer behavior and the factors that influence it, including cultural factors like culture and subculture, social factors like reference groups and family, and personal factors like age, occupation, and lifestyle. It also examines psychological factors affecting buyer behavior such as perception, motivation, beliefs, and attitudes. Understanding these influences on buyer behavior is important for marketers to better target customers and develop effective marketing strategies.
This document provides an introduction and overview of key marketing concepts. It defines marketing as a social and managerial process of satisfying customer needs through exchange and defines the customer as being at the heart of modern marketing. It discusses the key elements of marketing including identifying customer needs and wants, developing products and services to meet those needs, distributing and promoting products, and building relationships. It also outlines different states of demand that a marketer may encounter and the corresponding marketing strategies, such as stimulating demand when it is nonexistent or reversing declining demand. Finally, it discusses different philosophies that guide a company's marketing approach such as production-oriented, product-oriented, and societal marketing.
This document discusses key marketing concepts including needs, wants, demands, value, satisfaction, exchange, customers vs consumers, and markets. It defines marketing as a social process to obtain needs and wants through exchange. Customers are satisfied when expectations are met but delighted when expectations are exceeded, leading to loyalty. The goal of marketing is to attract and retain customers by delivering value and satisfaction.
1. Consumer behaviour is the study of how consumers make purchasing decisions and how individuals, groups, and organizations select, buy, use, and dispose of goods, services, ideas, or experiences to satisfy needs and wants.
2. There are several factors that influence a consumer's buying decisions, including psychological, social, economic factors.
3. A consumer goes through various stages before making a purchase including need recognition, information search, evaluation of alternatives, purchase decision, and post-purchase evaluation. The consumer's need is what triggers the buying process.
3 module Marketing Management university of Mysore Dr UMA K
This document provides an overview of Module 3 which covers buyer behavior and influencing factors. It begins with definitions of key concepts like consumer, buyer behavior, and factors that influence consumer decisions. Cultural factors like values, beliefs and customs shape needs and wants. Social factors such as reference groups, family, and roles/status also impact consumer behavior. Understanding these internal and external factors is important for marketers to satisfy consumer needs through effective product offerings and marketing strategies. The document then discusses types of consumer behavior and the need to study consumer behavior to aid in business success.
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 on Customer Purchasing Behaviour on Durable Goods in Kukatpally, Hyde...ijtsrd
The consumer durable goods industry is operating in a highly competitive, complex and rapidly changing business environment. The consumer buying preferences are rapidly changing and moving towards high-end technology products. Products which were once considered luxury items have become a necessity because of the changing lifestyle and rising income levels. The consumer is brand-conscious, but not necessarily brand-loyal. Buyers tend to exhibit different types of buying behavior when they are in the process of purchasing goods and services and the behaviors witnessed are influenced by the type of product he she wants to buy. It is a very long process where the consumer makes the final decision whether or not to buy the product. This is called buying decision making. There are various factors which influence consumer decision making which include demographic socio-economic and cultural status etc. The major factors that affect consumer buying behavior are age, gender, income, social influence. In addition, from the product side price, durability, brand name, product features, after sales service etc., may also have a great impact on decision making. This project deals with the study on the factors that affect the consumer purchase behavior on Durable goods. This study is helpful for both business firm to maintain good customer relationship and for the consumer also as he need not look for more alternatives. Dr. E. Murali Darshan | Boosa Ravi Teja "A Study on Customer Purchasing Behaviour on Durable Goods in Kukatpally, Hyderabad" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-2 , February 2019, URL: https://www.ijtsrd.com/papers/ijtsrd21493.pdf
Paper URL: https://www.ijtsrd.com/management/consumer-behaviour/21493/a-study-on-customer-purchasing-behaviour-on-durable-goods-in-kukatpally-hyderabad/dr-e-murali-darshan
International Journal of Business and Management Invention (IJBMI)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
Collectors seem to share unique personality traits with respect to their hobby or collection. The study found that collectors tend to be highly patient, passionate about their interest area, and able to deal with challenges in acquiring new items for their collection. They remain dedicated to their hobby despite ups and downs, are aware of trends in their interest area, and are willing to invest significant time and money to further their collection. Collecting provides meanings related to one's identity, relationships with others, preservation of history, and financial investment. However, it can also resemble addictive behavior for some. The personality traits of collectors highlight their enduring involvement and deep commitment to both the objects and process of acquiring items for their collection.
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.
From Subreddits To Search: Maximizing Your Brand's Impact On RedditSearch Engine Journal
The search landscape is undergoing a seismic shift, and Reddit is at the epicenter. Google's Helpful Content Update and its $60 million deal with Reddit, coupled with OpenAI's partnership, have catapulted Reddit's real-time content to unprecedented heights.
Check out this insightful webinar exploring the newfound importance of Reddit in the digital marketing landscape. Learn how these changes make Reddit an essential platform for getting your brand and content in front of evolving search audiences.
You’ll hear:
- The evolution of Reddit as a major influencer on SERPS over the years.
- The impact of recent changes and partnerships on Reddit’s place in search.
- A comprehensive look at Reddit, how it works, and how to approach it.
- Unique engagement opportunities presented by Reddit.
With Brent Csutoras, a Reddit expert with over 18 years of experience on the platform, we’ll delve into the intricacies of Reddit's communities, known as Subreddits, and how to leverage their power without compromising authenticity or violating community guidelines in the age of AI-driven search experiences.
Don't miss this opportunity to stay ahead of the curve and leverage Reddit for your brand's success.
Dive deep into the cutting-edge strategies we're employing to revolutionize our web presence in the age of AI-driven search. As Gen Z reshapes the digital realm, discover how we can bridge the generational divide. Unlock the synergistic power of PPC, social media, and SEO, driving unparalleled revenues for our projects.
In this dynamic session titled "Future-Proof Like Beyoncé: Syncing Email and Social Media for Iconic Brand Longevity," Carlos Gil, U.S. Brand Evangelist for GetResponse, unveils how to safeguard and elevate your digital marketing strategy. Explore how integrating email marketing with social media can not only increase your brand's reach but also secure its future in the ever-changing digital landscape. Carlos will share invaluable insights on developing a robust email list, leveraging data integration for targeted campaigns, and implementing AI tools to enhance cross-platform engagement. Attendees will learn how to maintain a consistent brand voice across all channels and adapt to platform changes proactively. This session is essential for marketers aiming to diversify their online presence and minimize dependence on any single platform. Join Carlos to discover how to turn social media followers into loyal email subscribers and ultimately, drive sustainable growth and revenue for your brand. By harnessing the best practices and innovative strategies discussed, you will be equipped to navigate the challenges of the digital age, ensuring your brand remains relevant and resonant with your audience, no matter the platform. Don’t miss this opportunity to transform your approach and achieve iconic brand longevity akin to Beyoncé's enduring influence in the entertainment industry.
Key Takeaways:
Integration of Email and Social Media: Understanding how to seamlessly integrate email marketing with social media efforts to expand reach and reinforce brand presence. Building a Robust Email List: Strategies for developing a strong email list that provides a direct line of communication to your audience, independent of social media algorithms. Data Integration for Targeted Campaigns: Leveraging combined data from email and social media to create personalized, targeted marketing campaigns that resonate with the audience. Utilization of AI Tools: Implementing AI and automation tools to enhance efficiency and effectiveness across marketing channels. Consistent Brand Voice Across Platforms: Maintaining a unified brand voice and message across all digital platforms to strengthen brand identity and user trust. Proactive Adaptation to Platform Changes: Staying ahead of social media platform changes and algorithm updates to keep engagement high and interactions meaningful. Conversion of Social Followers to Email Subscribers: Techniques to encourage social media followers to subscribe to email, ensuring a direct and consistent connection. Sustainable Growth and Minimized Platform Dependence: Strategies to diversify digital presence and reduce reliance on any single social media platform, thereby mitigating risks associated with platform volatility.
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.
In this humorous and data-heavy Master Class, join us in a joyous celebration of life honoring the long list of SEO tactics and concepts we lost this year. Remember fondly the beautiful time you shared with defunct ideas like link building, keyword cannibalization, search volume as a value indicator, and even our most cherished of friends: the funnel. Make peace with their loss as you embrace a new paradigm for organic content: Pillar-Based Marketing. Along the way, discover that the results that old SEO and all its trappings brought you weren’t really very good at all, actually.
In this respectful and life-affirming service—erm, session—join Ryan Brock (Chief Solution Officer at DemandJump and author of Pillar-Based Marketing: A Data-Driven Methodology for SEO and Content that Actually Works) and leave with:
• Clear and compelling evidence that most legacy SEO metrics and tactics have slim to no impact on SEO outcomes
• A major mindset shift that eliminates most of the metrics and tactics associated with SEO in favor of a single metric that defines and drives organic ranking success
• Practical, step-by-step methodology for choosing SEO pillar topics and publishing content quickly that ranks fast
Can you kickstart content marketing when you have a small team or even a team of one? Why yes, you can! Dennis Shiao, founder of marketing agency Attention Retention will detail how to draw insights from subject matter experts (SMEs) and turn them into articles, bylines, blog posts, social media posts and more. He’ll also share tips on content licensing and how to establish a webinar program. Attend this session to learn how to make an impact with content marketing even when you have a small team and limited resources.
Key Takeaways:
- You don't need a large team to start a content marketing program
- A webinar program yields a "one-to-many" approach to content creation
- Use partnerships and licensing to create new content assets
As 2023 proved, the next few years may be shaped by market volatility and artificial intelligence services such as OpenAI's ChatGPT and Perplexity.ai. Your brand will increasingly compete for attention with Google, Apple, OpenAI, and Amazon, and customers will expect a hyper-relevant and individualized experience from every business at any moment. New state-legislated data privacy laws and several FTC rules may challenge marketers to deliver contextually relevant customer experiences, much less reach unknown prospective buyers. Are you ready?Let's discuss the critical need for data governance and applied AI for your business rather than relying on public AI models. As AI permeates society and all industries, learn how to be future-ready, compliant, and confidentlyscaling growth.
Key Takeaways:
Primary Learning Objective
1: Grasp when artificial general intelligence (""AGI"") will arrive, and how your brand can navigate the consequences. Primary Learning Objective
2: Gain an accurate analysis of the continuously developing customer journey and business intelligence. Primary Learning Objective
3: Grow revenue at lower costs with more efficient marketing and business operations.
Breaking Silos To Break Bank: Shattering The Divide Between Search And SocialNavah Hopkins
At Mozcon 2024 I shared this deck on bridging the divide between search and social. We began by acknowledging that search-first marketers are used to different rules of engagement than social marketers. We also looked at how both channels treat creative, audiences, bidding/budgeting, and AI. We finished by going through how they can win together including UTM audits, harvesting comments from both to inform creative, and allowing for non-login forums to be part of your marketing strategy.
I themed this deck using Baldur's Gate 3 characters: Gale as Search and Astarion as Social
What’s “In” and “Out” for ABM in 2024: Plays That Help You Grow and Ones to L...Demandbase
Delve into essential ABM ‘plays' that propel success while identifying and leaving behind tactics that no longer yield results. Led by ABM Experts, Jon Barcellos, Head of Solutions at Postal and Tom Keefe, Principal GTM Expert at Demandbase.
Top Strategies for Building High-Quality Backlinks in 2024 PPT.pdf1Solutions Pvt. Ltd.
As we move into 2024, the methods for building high-quality backlinks continue to evolve, demanding more sophisticated and strategic approaches. This presentation aims to explore the latest trends and proven strategies for acquiring high-quality backlinks that can elevate your SEO efforts.
Visit:- https://www.1solutions.biz/link-building-packages/
This session will aim to comprehensively review the current state of artificial intelligence techniques for emotional recognition and their potential applications in optimizing digital advertising strategies. Key studies developing AI models for multimodal emotion recognition from videos, images, and neurophysiological signals were analyzed to build content for this session. The session delves deeper into the current challenges, opportunities to help realize the full benefits of emotion AI for personalized digital marketing.
Did you know that while 50% of content on the internet is in English, English only makes up 26% of the world’s spoken language? And yet 87% of customers won’t buy from an English only website.
Uncover the immense potential of communicating with customers in their own language and learn how translation holds the key to unlocking global growth. Join Smartling CEO, Bryan Murphy, as he reveals how translation software can streamline the translation process and seamlessly integrate into your martech stack for optimal efficiency. And that's not all – he’ll also share some inspiring success stories and practical tips that will turbocharge your multilingual marketing efforts!
Key takeaways:
1. The growth potential of reaching customers in their native language
2. Tips to streamline translation with software and integrations to your tech stack
3. Success stories from companies that have increased lead generation, doubled revenue, and more with translation
We will explore the transformative journey of American Bath Group as they transitioned from a traditional monolithic CMS to a dynamic, composable martech framework using Kontent.ai. Discover the strategic decisions, challenges, and key benefits realized through adopting a headless CMS approach. Learn how composable business models empower marketers with flexibility, speed, and integration capabilities, ultimately enhancing digital experiences and operational efficiency. This session is essential for marketers looking to understand the practical impacts and advantages of composable technology in today's digital landscape. Join us to gain valuable insights and actionable takeaways from a real-world implementation that redefines the boundaries of marketing technology.
Customer Experience is not only for B2C and big box brands. Embark on a transformative journey into the realm of B2B customer experience with our masterclass. In this dynamic session, we'll delve into the intricacies of designing and implementing seamless customer journeys that leave a lasting impression. Explore proven strategies and best practices tailored specifically for the B2B landscape, learning how to navigate complex decision-making processes and cultivate meaningful relationships with clients. From initial engagement to post-sale support, discover how to optimize every touchpoint to deliver exceptional experiences that drive loyalty and revenue growth. Join us and unlock the keys to unparalleled success in the B2B arena.
Key Takeaways:
1. Identify your customer journey and growth areas
2. Build a three-step customer experience strategy
3. Put your CX data to use and drive action in your organization
In the face of the news of Google beginning to remove cookies from Chrome (30m users at the time of writing), there’s no longer time for marketers to throw their hands up and say “I didn’t know” or “They won’t go through with it”. Reality check - it has already begun - the time to take action is now. The good news is that there are solutions available and ready for adoption… but for many the race to catch up to the modern internet risks being a messy, confusing scramble to get back to "normal"
janani Digital Marketer|Digital Marketing consultant|Marketing Promotion|Coim...janudm24
Myself Janani Digital marketing consultant located in coimbatore I offer all kinds of digital marketing services for your business requirements such as SEO SMO SMM SMO CAMPAIGNS content writing web design for all your business needs with affordable cost
Digital Marketing Services | Techvolt Software :
Digital Marketing is a latest method of Marketing techniques widely used across the Globe. Digital Marketing is an online marketing technique and methods used for all products and services through Search Engine and Social media advertisements. Previously the marketing techniques were used without using the internet via direct and indirect marketing strategies such as advertising through Telemarketing,Newspapers,Televisions,Posters etc.
List of Services offered in Digital Marketing |Techvolt Software :
Techvolt Software offers best Digital Marketing services for promoting your products and services through online platform on the below methods of Digital marketing
1. Search Engine Optimization (SEO)
2. Search Engine Marketing (SEM)
3. Social Media Optimization (SMO)
4. Social Media Marketing (SMM)
5. Campaigns
Importance | Need of Digital Marketing (Online Promotions) :
1. Quick Promotions through Online
2. Generation of More leads and Business Enquiries via Search Engine and Social Media Platform
3. Latest Technology development vs Business promotions
4. Creation of Social Branding
5. Promotion with less investment
Benefits Digital Marketing Services at Techvolt software :
1. Services offered with Affordable cost
2. Free Content writing
3. Free Dynamic Website design*
4. Best combo offers on website Hosting,design along with digital marketing services
5. Assured Lead Generation through Search Engine and Social Media
6. Online Maintenance Support
Free Website + Digital Marketing Services
Techvolt Software offers Free website design for all customer and clients who is availing the digital marketing services for a minimum period of 6 months.
With Regards
Janani Digital Marketer
Coimbatore,Tamilnadu.
janani Digital Marketer|Digital Marketing consultant|Marketing Promotion|Coim...
Pleasure Vs Utility.edited
1. Pleasure or Utility? Which One Shapes Consumer Behaviour?
Consumer behaviour is one of the most discussed topics in marketing. The key to launch a
successful marketing campaign lies in understanding it. A Harvard Business Review Article by
Whitley, Trudel and Kurt (2018) indicates that both pleasure and utility are two determinants of
the buying patterns. They stated that consumers are either pleasure or utility-focused. People,
who fall into the first category, consider themselves unique and reflects it in their buying
behaviour. The other group aims at investing in something which shows excellent performance.
These consumers hardly bother about being different. Instead, they judge products based on
usability. In this blog, we are trying to identify what makes these two consumer groups different.
Martin Fishbein and Icek Ajzen first tried to describe consumer behaviour through the Theory of
Reasoned Action. It suggests that attitude and intention influence buying behaviour. Now, let’s
take a deeper look into the intention and impact of from three personality components, id,
superego and ego. Id creates the drive to fulfil the desire without a second thought. This is
responsible for impulsive purchases. Superego tells what are right and what not. Ego balances
both and enables an individual to take realistic action. Latter two leads to righteous and planned
purchases. It is evident that id dominates pleasure-seeking consumers whereas ego and superego
influences utility-focused ones.
Different traits influence behaviour considerably. Innovativeness indicates the readiness to
accept new experiences. Materialism expresses the willingness to acquire new items. Self-
consciousness determines how an individual should control own image to others. Therefore, it is
another factor which impacts on the decisions as the consumers purchase the products which go
with their values, beliefs and standard. From this, we can say, pleasure-seeking consumers have
2. high innovativeness and materialism. They buy the products which reflect unique tastes and
preferences. This behaviour helps them to retain the distinctive image.
So far, we came to how consumers make purchasing decisions. Knowledge of consumer
behaviour creates a golden opportunity for marketers to manipulate it. But, how is it possible?
We will know it in our next post.
3. References
Whitley, S., Trudel, R., & Kurt, D. (2019). How Many Versions of a Product Do Consumers
Really Want?. Retrieved 26 November 2019, from https://hbr.org/2018/06/how-many-versions-
of-a-product-do-consumers-really-want