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Influences on Consumer Behaviour

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Presentation on theme: "Influences on Consumer Behaviour"— Presentation transcript:

1 Influences on Consumer Behaviour

2 Influences on Consumer Behaviour
Influences on consumer buying behaviour psychological social situational

3 Psychological Influences
Psychological influences are the influences that come from within a person. needs such as hunger and thirst wants such as a hamburger or coffee (Continued)

4 Psychological Influences
A need is a lack within a person needs must be filled e.g., lack of food, water, or shelter NEED DRIVE ACTION PURCHASE

5 Hierarchy of Needs Maslow’s hierarchy of needs
States that basic physical needs must be satisfied before others

6

7 Promotions and Maslow’s Needs Worksheet
Physical Needs: Headache Pain - Advil Heart Health - Cheerios Thirst - Gatorade

8 Promotions and Maslow’s Needs Worksheet
Safety Needs: Accidents - Volvo Financial disaster - Allstate Germs & Disease - Lysol

9 Promotions and Maslow’s Needs Worksheet
Acceptance Needs: Affection - FTD Belonging – Virgin Mobile Fitting in – Coca - Cola

10 Promotions and Maslow’s Needs Worksheet
Esteem Needs: Prestige – Mercedes-Benz Quality - Hallmark Self-image – L’Oreal

11 Promotions and Maslow’s Needs Worksheet
Self-Actualization Needs: Adventure - Disneyland Aspirations - Nike Knowledge - Kumon

12 Types of Buying Motives
Basis Examples Physical Motives Physical Needs Food, shelter, health, protection from harm, safety, relief from stress. Psychological Motives Psychological and social needs Friendship, respect, appreciation, love reputation, prestige, fun, Rational Motives Logical Reasoning Features, quality, durability, dependability, price Emotional Motives Emotions, instinct, impulse Popularity, acceptance, romance, fear, anxiety, prestige Product Motives Features Of product Features, quality, design, colour brand. Patronage Motives Features of a specific store Location, reputation for reliability, positive image in community

13 Wants into Buying Motives
Salespeople try to understand a customer's buying motives so that they can do a better job of encouraging the customer to buy the product. (Continued)

14 Social Influences Social influences
influences from the people around you, rather than from within yourself Three categories culture family friends and coworkers

15 Situational Influences
influences that come from the environment weather store location time of day advertising Buyer’s mood, physical condition, and financial condition can also be considered situational influences.

16 The Consumer Decision Process
How does a consumer make the decision to buy? Marketers think that many consumers use a six-step decision-making process. (Continued)

17 The Consumer Decision Process
Awareness of need or problem Information search Evaluation of options Decision to buy Purchase Post-purchase evaluation (Continued)

18 The Consumer Decision Process
Four levels of consumer purchase decisions impulse routine limited extensive

19 Impulse Decision Impulse purchase made with no planning or research
To encourage impulse purchases, marketers display products near checkout counters.

20 Routine Decision Routine buying decision
made quickly without much thought Consumers make routine buying decisions when they have previous experience with the product brand loyalty

21 Limited Decision Limited decision making
involves some research and planning usually for a more expensive or complex product

22 Extensive Decision Extensive decision making
involves a great deal of research and planning used for purchases that will greatly impact your daily life, safety, and finances

23 Extensive Decision Example: steps in buying a car
researching cars on the Internet test-driving at several dealerships analyzing your finances arranging for financing getting the license plate(s) and insurance buying the car


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