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MARKETING STARTS WITH CUSTOMERS
CHAPTER 06 2/19/2019 CHAPTER 6 MARKETING STARTS WITH CUSTOMERS 6-1 Understanding Consumer Behavior 6-2 What Motivates Buyers? 6-3 Influencing Consumer Decisions Chapter 6 MARKETING
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Chapter 6 Focus Questions:
Is the advertising appealing to children, parents, or both? In what ways? What is appealing about the product that would influence parents to purchase Dimetapp Cold & Allergy rather than another brand of medication? ©WYETH Chapter 6
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UNDERSTANDING CONSUMER BEHAVIOR
6-1 UNDERSTANDING CONSUMER BEHAVIOR GOALS Describe the importance of understanding consumer behavior. Demonstrate an understanding of consumers’ wants and needs. Chapter 6
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Consumer Behavior Final consumers Business consumers Chapter 6
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Consumers’ Wants and Needs
A want is an unfulfilled desire. A need is anything you require to live. Chapter 6
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Maslow’s Hierarchy of Needs
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) Chapter 6
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6-2 WHAT MOTIVATES BUYERS? GOALS
Distinguish the types of buying motives. Describe the five steps of the consumer decision-making process. Chapter 6
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Motivation Emotional motives Rational motives Patronage motives
Chapter 6
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The Consumer Decision-Making Process
Postpurchase Evaluation Purchase Alternative Evaluation Information Search Problem Recognition Chapter 6
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INFLUENCING CONSUMER DECISIONS
6-3 INFLUENCING CONSUMER DECISIONS GOALS Describe important influences on the consumer decision-making process. Explain how consumers and businesses use each of the three types of decision making. Chapter 6
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Influences on Buying Decisions
Individual characteristics Cultural and social environment Chapter 6
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Types of Decision-Making
Routine decision making Limited decision making Extensive decision making Chapter 6
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Marketers’ Response If the consumer considers alternatives
If the consumer is brand loyal Chapter 6
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