MARK 201 Chapter Notes - Chapter 6: Consumer Behaviour, Opinion Leadership, Reference Group

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14 Dec 2016
Department
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MARK 201
Chapter 6
! sur !1 4
Understanding Consumer and
Business Buyer Behaviour
Consumer Markets and Consumer Buyer Behaviour
Consumer market: all the individuals and households that buy or acquire goods and
services for personal consumption.
Consumer buyer behaviour: the buying behaviour of final consumers — individuals and
households that buy goods and services for personal consumption.
What is Consumer behaviour?
Characteristics affecting consumer behaviour
-Cultural factors
Culture: the set of basic
values, perceptions, wants,
and behaviours learned by a
member of society from family,
school…
Subculture: a group of people
with shared value systems
based on common life
experiences and situations
Cross-cultural marketing:
including ethnic themes and
cross-cultural perspectives within a brand’s mainstream marketing, appealing to
consumer similarities across subcultures rather than differences
Social class: relatively permanent and ordered divisions in a society whose members
share similar values, interests, and behaviours.
-Social factors
Group: two or more people who interact to accomplish individual or mutual goals
Opinion leader: a person within a reference group who exerts social influence on
others
Issues
Consumers perspective
Marketers perspective
Prepurchase
issues
How a consumer attitudes toward products
formed and changed?
What cues do consumers use to infer which
products are superior to others?
Purchase
issues
How do situational factors, such as time
pressure or store displays, affect the
consumer’s purchase decision?
Postpurchase
issues
What determines wether a consumer will be
satisfied with a product and whether he or
she will buy it again?
Does this person tell others about his/her
experience with the product and affect their
purchase decisions?
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Document Summary

Consumer market: all the individuals and households that buy or acquire goods and services for personal consumption. Consumer buyer behaviour: the buying behaviour of nal consumers individuals and households that buy goods and services for personal consumption. Social factors: group: two or more people who interact to accomplish individual or mutual goals, opinion leader: a person within a reference group who exerts social in uence on others. 4: online social networks, family, role: consists of the activities people are expected to perform. Personal factors: lifestyle: a person"s pattern of living as expressed in his or her activities, invests, and opinions, personality: the unique psychological characteristics that distinguish a person of a group. Need recognition (internally or externally: ex: advertisement, talking to someone . Information search (different sources: personal, commercial, public, experiential) Evaluation of alternatives (depends on the buying situation and the consumer) Purchase decision (in uenced by attitudes of others or unexpected situational factors)

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