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Advertising and Sales Promotion ©2013 Cengage Learning. All Rights Reserved. Chapter 2.

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Presentation on theme: "Advertising and Sales Promotion ©2013 Cengage Learning. All Rights Reserved. Chapter 2."— Presentation transcript:

1 Advertising and Sales Promotion ©2013 Cengage Learning. All Rights Reserved. Chapter 2

2 Advertising and Sales Promotion ©2013 Cengage Learning. All Rights Reserved. Consumer Behavior 2.1 The Consumer Is in Charge 2.2 Consumer Purchase Classifications 2.3 Influences on Consumer Behavior 2 CHAPTER 2

3 Advertising and Sales Promotion ©2013 Cengage Learning. All Rights Reserved. 2.1 The Consumer Is in Charge Goals Recognize the importance of understanding the customer’s wants and needs. Identify the five-step consumer decision-making process Terms consumer behavior need want routine decision making limited decision making extensive decision making 3 CHAPTER 2

4 Advertising and Sales Promotion ©2013 Cengage Learning. All Rights Reserved. Understanding the Customer Identifying consumer needs and wants Scarcity 4 CHAPTER 2

5 Advertising and Sales Promotion ©2013 Cengage Learning. All Rights Reserved. Maslow’s Hierarchy of Needs Pyramid Self-Actualization (to realize your potential) Esteem (respect and recognition) Social (friends, love, belonging Security (physical safety and economic security) Physiological (food, sleep, water, shelter, air) 5 CHAPTER 2

6 Advertising and Sales Promotion ©2013 Cengage Learning. All Rights Reserved. So Many Different Decisions Consumer decision-making process Recognize the problem Search for information Evaluate alternatives Make the purchase Evaluate the purchase Types of consumer decision making Routine decision making Limited decision making Extensive decision making 6 CHAPTER 2

7 Advertising and Sales Promotion ©2013 Cengage Learning. All Rights Reserved. 2.2 Consumer Purchase Classifications Goals Distinguish between types of consumer purchases and recognize the level of consumer involvement in buying decisions. Describe different types of consumer products. Term convenience products shopping products specialty products unsought products 7 CHAPTER 2

8 Advertising and Sales Promotion ©2013 Cengage Learning. All Rights Reserved. The Buying Decision Types of purchases New purchase Modified purchase Repeat purchase Consumer involvement in buying decisions Past experience Interests Perceived risk Circumstances Self-image 8 CHAPTER 2

9 Advertising and Sales Promotion ©2013 Cengage Learning. All Rights Reserved. Types of Products Convenience products Staple products Impulse products Emergency products Shopping products Specialty products Unsought products 9 CHAPTER 2

10 Advertising and Sales Promotion ©2013 Cengage Learning. All Rights Reserved. 2.3 Influences on Consumer Behavior Goals Discuss consumer buying motives. Describe individual, social, and marketing influences on consumer behavior. Terms buying motives emotional motives rational motives patronage motives culture reference group advertising campaign 10 CHAPTER 2

11 Advertising and Sales Promotion ©2013 Cengage Learning. All Rights Reserved. Buying Motives Emotional motives Rational motives Patronage motives 11 CHAPTER 2

12 Advertising and Sales Promotion ©2013 Cengage Learning. All Rights Reserved. Factors Influencing Consumer Buying Decisions Individual influences Personality Gender Age Culture Ethnicity Social influences Marketing influences Advertising influences Promotional influences 12 CHAPTER 2


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