how do consumer characteristics influence buying behavior?
TRANSCRIPT
Consumer characteristic and buying behavior
Consumer characteristics and their buying behavior are closely related
But how?
Let’s see
Human characteristic is determined by four factors
Cultural Social
Personal Psychological
Cultural Factors are further classified into
People in North India prefer breads over rice which is a favorite with
people in South India and East India
Social values and behavior
Woman in INDIA prefer to buy shadi compare to pant and shirt
Social Rules
A sikh man prefers to wear Pagri in place of Topi
Religion
Women love shopping Jewellery compare to man
Gender
Social factor
Man is a social animal
Every individual has some people around who influence him/her in
any way called Reference groups
Reference groups
Secondary groupsPrimary groups
Primary groupsThey have major impacts on your buying decisions
Secondary groupSecondary groups may also influence your buying decisions
Aspirational group
A person hopes to join
Dissociative group
Behavior is rejected by customers
Personal factor
Economic condition
Personality Life style
Occupation
A Doctor and an Engineer have different wearing sense
Occupation
Economic condition may change your choice
Personality
Life style
Psychological Factors
Learning beliefs
Motivation Perception
Emotions Learning
Memory
Perception
It is The best
Taste is motivation to buy Pizza
LearningLast time I had eaten it. It was not what it looks like
EmotionsI love “Vintage” fountain Pen
MemoryOh---- This is the same company. I have won general championship with it.
SummaryConsumer behavior is influenced by three factors: cultural (culture, subculture, and social class), social(reference groups, family, and social roles and statuses), and personal (age, stage in the life cycle, occupation, economic circumstances, lifestyle, personality, and self-concept). Research into these factors can provide clues to reach and serve consumers more effectively
CreditKOTLER, P. & KELLER, K. 2011. Marketing Management 14th Edition,Upper Saddle River, NJ, Prentice Hall(With due thanks to the owners of Photographs)