RMG 302 Lecture : Introduction

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Document Summary

Consumer behaviour study of processes involved when individuals or groups select, purchase, use or dispose of products, service, ideas or experiences. Relationship marketing interacting with the customers on a regular basis. Consumer generated content blogs, videos, facebook/myspace statuses. Relationships between consumers and products: self-concept attachment: establish user"s identity, nostalgic attachment: serves as link to past self. Love: products elicits emotional bonds of warmth, passion, or other strong emotions. Business ethics rules that conduct the right or wrongs in a marketplace. Honesty, trustworthiness, fairness, respect, justice, integrity, concern for others, accountability, and loyalty. Consumer addiction dependency on products or services. The stages of the consumer consumption process are: prepurchase issues, purchase issues, postpurchase issues.