MARKETING MANAGEMENT 12 th edition 6 Analyzing Consumer Markets KotlerKeller.

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MARKETING MANAGEMENT 12 th edition 6 Analyzing Consumer Markets Kotler Keller

Transcript of MARKETING MANAGEMENT 12 th edition 6 Analyzing Consumer Markets KotlerKeller.

Page 1: MARKETING MANAGEMENT 12 th edition 6 Analyzing Consumer Markets KotlerKeller.

MARKETING MANAGEMENT12th edition

6 Analyzing

Consumer Markets

Kotler Keller

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What Influences Consumer Behavior?

Cultural FactorsCultural Factors

Social FactorsSocial Factors

Personal FactorsPersonal Factors

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Culture

The fundamental determinant of a person’s wants and behaviors

acquired through socializationprocesses with family

and other key institutions

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Subcultures

Nationalities Nationalities

ReligionsReligions

Racial groupsRacial groups

Geographic regionsGeographic regions

Special interestsSpecial interests

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Social Classes

Upper uppersLower uppersUpper middlesMiddle class

Working classUpper lowersLower lowers

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Characteristics of Social Classes

• Within a class, people tend to behave alike

• Social class conveys perceptions of inferior or superior position

• Class may be indicated by a cluster of variables (occupation, income, wealth)

• Class designation is mobile over time

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Social Factors

Referencegroups

Social roles

Statuses

Family

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Reference Groups

Membership groupsMembership groups

Primary groupsPrimary groups

Secondary groupsSecondary groups

Aspirational groupsAspirational groups

Dissociative groupsDissociative groups

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Family

• Family of Orientation– Religion– Politics– Economics

• Family of Procreation– Everyday buying

behavior

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Personal Factors

Age

Values

Life cyclestage

Occupation

Personality

Self-concept

Wealth

Lifestyle

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Behavior changesaccording to life cycle stage

•Family•Psychological•Critical life events

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Lifestyle Influences

Multi-tasking

Time-starved

Money-constrained

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Figure 6.1 Model of Consumer Behavior

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Key Psychological Processes

Motivation

MemoryLearning

Perception

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Maslow’s Hierarchy of Needs

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Perception

Selective Attention

Subliminal Perception

Selective Retention

Selective Distortion

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Figure 6.4 Consumer Buying Process

Problem Recognition

Information Search

Evaluation

Purchase Decision

PostpurchaseBehavior

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Sources of Information

Personal

ExperientialPublic

Commercial

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Figure 6.5 Successive Sets

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Figure 6.6 Stages between Evaluation of Alternatives and Purchase