2. An impulse purchase or impulse buying is an unplanned decision to buy a product
made just before a purchase
Impulse shoppers normally buy because they feel hungry, bored, stressed, extra
money.
80% of impulse purchases are made because of item is on sale.
3. Unplanned, Spontaneous and intense urge to buy the purchaser
often ignoring the consequences.
Without much prior knowledge of the product or intension to buy.
A kind of emotional and irrational purchase often for reasons like
fun, fantasy and social and economic pleasure.
Consumer often regret their purchase after purchasing.
4. Something at eye contact place attract the consumer to buy impulsively.
For example, all FMCG company’s marketers make strategy to place their
products at eye level which attracts the consumer to buy impulsively.
For example, As Snacks , bubbles , toffies and chocolates displayed on the counter
which force impulse buyers to buy what they might not have planned.
5. Social influence
Culture
Sub-culture
Social classes
Family
Reference group
Marketing influence
product
Price
Place
promotion
Situational influence
Physical
surroundings
Social surroundings
Time, task, money
Information
search
Need
recognition
Alternate
evaluation
Purchase
decision
Post purchase
evaluation
7. Planned
Well planned long term.
Rational buying.
Consumer gathers Complete
knowledge of product
Intention to buy.
Accurate decision.
Impulse
Spontaneous planned.
Irrational buying.
Consumer buy after just product
awareness is induced.
No intention to buy.
Decision errors.
12. Maximum people influenced by low prices.
Females are more prone to impulsive buying than males.
Females feel more satisfaction and happiness in impulse purchases
than males.
Males are mostly rational consumers.
Females feel regret after post purchase behavior than males.