How do consumer characterstics influence buying behaviour
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Transcript of How do consumer characterstics influence buying behaviour
Consumer behaviour
Study of how individuals, groups and
organizations select, buy , use and dispose
of goods, services, ideas or experience to
satisfy their needs and wants
Different
cultures
Different
values
Comfort
Freedom
individualism
Practicality
progress
Respect
Honesty
Integrity
Hard work
Rituals
Social Economic Classification
• Urban Areas (Occupation and education of chief wage earner )
Purchase potentials
A1
A2
B1
B2
C
D
E1
E2
•Reference
Groups
Direct influence
(Membership groups )
Indirect Influence Dissociative groups
Whose values and individual
rejects
Primary groups
Continuous informal
interaction includes family,
friends ,neighbours and co-
workers.
Secondary groups
Non continuous informal
interaction. Includes religious
,professional, trade union
groups
Aspirational groups
Person hopes to join
Reference groups influence in
three ways
•Expose individual to new behaviour and lifestyle
•Influence their attitude and self concept
•Create pressure for conformity
•Family
Family of orientation
Consists of parents and
siblings. Influence on behaviour
is significant. Choices affected
by them.
Family of procreation
Consists of person’s children
and spouse. Influence wielded
by both.
•Roles and Status
People choose products that reflect
and communicate their actual or
desired status in society
•Age and
stage in
Lifecycle
Family life cycle
Psychological life cycle
Adults experience
transformations as they go
through life. Marriage,
childbirth, illness, divorce
,career change e.t.c
Needs
change
•Occupation and Economic
circumstances
Occupations influence consumption patterns
Economic circumstances influence product and
brand choices
•Personality and Self-
Concept
Consumers choose brands with brand personality
similar to their self concept
• Lifestyle and Values
Shaped by
customers being
Money constrained
Prefer lower cost
products and services
Time constrained
Multi tasking, will pay
others to perform task
on time