6 Analyzing Consumer Markets 1. Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-2 What Influences Consumer Behavior? Cultural Factors.

Slides:



Advertisements
Similar presentations
©2003 Prentice Hall, Inc.To accompany A Framework for Marketing Management, 2 nd Edition Slide 0 in Chapter 6 Chapter 6 Analyzing Consumer Markets and.
Advertisements

Consumer Decisions: Psychology for Profit
Analyzing Consumer Markets Marketing Management, 13 th ed 6.
Analyzing Consumer Markets
Copyright © 2005 Pearson Education Inc. Consumer Markets and Consumer Buyer Behaviour Chapter 7 PowerPoint slides Express version Instructor name Course.
Copyright © 2011 Pearson Education. Consumer Buying Behaviour Philip Kotler & Gary Armstrong.
Principles of Marketing SESSION: Model of Consumer Behavior.
Copyright © 2010 Pearson Education, Inc. publishing as Prentice HallChapter Segmenting and Targeting the Audience.
6 Analyzing Consumer Markets
Analyzing Consumer Markets Marketing Management, 13 th ed 6.
6 Analyzing Consumer Markets
Marketing Management • 14e
1 Matakuliah:G0492/ English for Advertising Tahun: 2005/2006 The Consumer Audience Consumer Behavior Cultural and Social Influences on consumers Psychological.
Principles of Marketing BA 390 Fall 2006 Dr. McAlexander.
Analyzing Consumer Markets Marketing Management, 13 th ed 6.
1 ENT4310 Business Economics and Marketing Consumer Behavior Arild Aspelund IØT, NTNU.
BUS7450 Strategic Marketing Management
Analyzing Consumer Markets Marketing Management, 13 th ed 6.
MARKETING MANAGEMENT 14th edition
A FRAMEWORK for MARKETING MANAGEMENT
Principles of Marketing Lecture-15. Summary of Lecture-14.
Definitions Consumer buyer behavior refers to the buying behavior of final consumers – individuals and households who buy goods and services for personal.
Analyzing Consumer Markets. Copyright © 2012 Pearson Education, Inc. Publishing as Prentice HallSlide 2 of 31 Possible Questions 1.How do consumer characteristics.
Analyzing Consumer Markets Marketing Management, 13 th ed 6.
Consumer Markets Purchasers and individuals in households Purchases are for personal consumption, not profit Business Markets Individuals and groups that.
MARKETING MANAGEMENT 12th edition
1 5. Consumer Buying Behavior How the Ultimate Consumer Purchases.
Key Concepts.  Consumer behavior—the study of how individuals, groups, and organizations select, buy, and dispose of goods, services, ideas, or experiences.
Consumer and Business Buyer Behavior
MARKETING MANAGEMENT 12 th edition 6 Analyzing Consumer Markets KotlerKeller.
 Consumer Behavior Consumer Behavior  Model of Consumer Behavior Model of Consumer Behavior  Characteristics Affecting Consumer Behavior Characteristics.
05 Consumer Behavior Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall.
Copyright © 2003 Prentice-Hall, Inc. 1 Chapter 6 Analyzing Consumer Markets & Buyer Behavior Francis Piron Qatar University Spring 2006.
MARKETING MANAGEMENT 12th edition
Chapter Five Consumer and Business Buyer Behavior.
Consumer Markets And Industrial Market. The aim of marketing is to meet and satisfy target customer’s needs and wants better than competitors. Marketers.
MT 219 Marketing Unit Three Consumer and Business Buyer Behavior Note: This seminar will be recorded by the instructor.
Consumer and Business Market Dr. Ananda Sabil Hussein.
CSUMB 306 Business Marketing Carol Davis Fall 2014.
Chapter 5- slide 1 Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall I t ’s good and good for you Chapter Five Consumer Markets and.
Chapter 5- slide 1 Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall Chapter Five Consumer Markets and Consumer Buyer Behavior.
Consumer Markets and Consumer Buyer Behavior Chapter 5.
Consumer Behavior The field of Consumer Behavior:
Marketing Management, 13 th ed 6.  After reading this chapter, students should:  Know how consumer characteristics influence buying behavior  Know.
Principles of Marketing
Chapter 5- slide 1 Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall I t ’s good and good for you Chapter 3 Consumer Markets and Consumer.
Copyright 2000 Prentice Hall6-1 Chapter 6 Why People Buy: Consumer Behavior.
Consumer Markets and Consumer Buyer Behavior
APPLIED MARKETING STRATEGIES Lecture 16 MGT 681. Marketing Ecology Part 2.
Analyzing Consumer Markets Marketing Management, 13 th ed 6.
AB 219 Marketing Unit Three Consumer and Business Buyer Behavior Note: This seminar will be recorded by the instructor.
Chapter 5- slide 1 Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall I t ’s good and good for you Chapter Five Consumer Markets and.
6 Analyzing Consumer Markets 1. Copyright © 2012 Pearson Education 6-2 Chapter Questions  How do consumer characteristics influence buying behavior?
Marketing’s Role in the Global Economy
5 Analyzing Consumer Markets
ANALYZING Consumer Markets
Customer Behaviour.
Simple Response Model Stimulus Organism Response.
MARKETING MANAGEMENT 12th edition
Analyzing Consumer Markets
Chapter 6 Analyzing Consumer Markets and Buying Behavior
Analyzing Consumer Markets
Analyzing Consumer Markets
MARKETING MANAGEMENT 12th edition
Buyer Behaviour.
Analyzing Consumer Markets
Chapter 6 Analyzing Consumer Markets and Buying Behavior
Chapter 6 Analyzing Consumer Markets and Buying Behavior
Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall
06 Analyzing Strategic Perspective on: Consumer Markets and Consumer Buying Behavior Ahsan-ul Haq Shaikh.
Presentation transcript:

6 Analyzing Consumer Markets 1

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-2 What Influences Consumer Behavior? Cultural Factors Social Factors Personal Factors

Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 6-3 What is Culture? Culture is the fundamental determinant of a person’s wants and behaviors acquired through socialization processes with family and other key institutions.

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-4 Subcultures Nationalities Religions Racial groups Geographic regions

Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 6-5 Social Classes Upper uppers Lower uppers Upper middles Middle Working Upper lowers Lower lowers

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-6 Social Factors Reference groups Social roles Statuses Family

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-7 Reference Groups Membership groups Primary groups Secondary groups Aspirational groups Dissociative groups

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-8 Family Distinctions Affecting Buying Decisions  Family of Orientation  Family of Procreation

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-9 Roles and Status What degree of status is associated with various occupational roles?

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-10 Personal Factors Age Values Life cycle stage Occupation Personality Self- concept Wealth Lifestyle

Age and Stage of Lifecycle Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 6-11

Occupation and Economic Circumstances Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 6-12

Personality Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 6-13

Figure 6.1 Model of Consumer Behavior Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 6-14

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-15 Key Psychological Processes Motivation MemoryLearning Perception

Maslow’s Hierarchy Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 6-16

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-17 Perception Selective Attention Selective Retention Selective Distortion

Learning Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 6-18

Emotions Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 6-19

Memory Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 6-20

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-21 Consumer Buying Decision Process Problem Recognition Information Search Evaluation Purchase Decision Postpurchase Behavior

Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 6-22 Sources of Information CommercialPersonal PublicExperiential

Figure 6.5 Successive Sets in Decision Making Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 6-23

Figure 6.6 Steps Between Alternative Evaluation and Purchase Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 6-24

Low-Involvement Decision Making Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 6-25