What is it?. “the process involved when individuals or groups select, use, or dispose of products,...

23
What is What is it? it?
  • date post

    21-Dec-2015
  • Category

    Documents

  • view

    214
  • download

    0

Transcript of What is it?. “the process involved when individuals or groups select, use, or dispose of products,...

Page 1: What is it?. “the process involved when individuals or groups select, use, or dispose of products, services, or experiences to satisfy needs and desires.”

What is it?What is it?

Page 2: What is it?. “the process involved when individuals or groups select, use, or dispose of products, services, or experiences to satisfy needs and desires.”

“the process involved when

individuals or groups select,

use, or dispose of products,

services, or experiences to

satisfy needs and desires.”Solomon et al. 2005

Consumer Behaviour

Page 3: What is it?. “the process involved when individuals or groups select, use, or dispose of products, services, or experiences to satisfy needs and desires.”

What are the sources of stimuli from the Smart Car?

1. Significative

2. Symbolic

3. Social

Page 4: What is it?. “the process involved when individuals or groups select, use, or dispose of products, services, or experiences to satisfy needs and desires.”

Problem/Need Recognition

InformationSearch

Evaluation of Alternatives

Purchase Decision

Consumption

Fee

db

ack

CONSUMER BEHAVIOUR PROCESS

Pre-purchase

Purchase

Post-purchase

Page 5: What is it?. “the process involved when individuals or groups select, use, or dispose of products, services, or experiences to satisfy needs and desires.”

Consumer

ProductMarketer

Understanding the consumer is the starting point

Page 6: What is it?. “the process involved when individuals or groups select, use, or dispose of products, services, or experiences to satisfy needs and desires.”

What do we need to know about Consumers to understand their behaviour?

Page 7: What is it?. “the process involved when individuals or groups select, use, or dispose of products, services, or experiences to satisfy needs and desires.”

Why is it important to Understand Consumer Behaviour?

Premier Cigarettes: R.J. Reynolds (RJR Nabisco Inc., subsidiary) 1988 spent over $1 billion to develop & market its Premier Smokeless Cigarettes. Priced at a 25% premium to other cigarettes, they were withdrawn after 5 months because smokeless cigarettes appealed to non-users-non-smokers!

Page 8: What is it?. “the process involved when individuals or groups select, use, or dispose of products, services, or experiences to satisfy needs and desires.”

Garlic Cake: Gunderson & Rosario, 1989. The product was supposed to be served as an hors d'oevre but the company forgot to mention potential usage occasions to consumers who wondered just what garlic cake is and why anyone would want to eat it?

Dr. Care: by Dairimetics, c. 1985 While the vanilla mint flavored product was advertised as easy to use and sanitary, many parents questioned the thought of letting their kids loose with an aerosol toothpaste

Page 9: What is it?. “the process involved when individuals or groups select, use, or dispose of products, services, or experiences to satisfy needs and desires.”

Heinz's Funky Fries, the chocolate, cinnamon, sour cream and blue-colored frozen fries 2003

Gerber's Singles, a variety of fruits, vegetable and other entrees for adult consumers launched in 1974Alternate Name: “I Live Alone And Eat My Meals From A Baby Food Jar “

Page 10: What is it?. “the process involved when individuals or groups select, use, or dispose of products, services, or experiences to satisfy needs and desires.”

                      

            Heinz introduced Blastin' Green ketchup in EZ Squirt bottles in October 2000

more than half of ketchup consumers are children

Heinz sold more than 10 million bottles of Blastin' Green in its first seven months

Other colors: Stellar Blue, Funky Purple, pink, orange and teal

Page 11: What is it?. “the process involved when individuals or groups select, use, or dispose of products, services, or experiences to satisfy needs and desires.”

May 2004, Canandaigua Wines introduce sangria in Tetra Prisma packs.

Three years of testing have proven that the aseptic cartons are uniquely well suited for protecting wine’s sensitive flavour profiles.

The lightweight, space-saving cartons also better differentiates Canandaigua’s wine brands on the shelf and makes them extremely economical to distribute, store and stock.

November 2004 Canandaigua introduces several wine varieties in octagonal shaped tetra packages.

Promoted as convenient, lightweight, portable and allowed where glass is not.

“As a market leader in the wine industry, it's very exciting to leverage our strength by introducing another Canandaigua brand in a unique package to many consumers in the U.S. market.”—Gary Glass (VP Marketing for Canandaigua Wine Company

Are consumers ready for a juice box-type look for wine? What about the quality?

Page 12: What is it?. “the process involved when individuals or groups select, use, or dispose of products, services, or experiences to satisfy needs and desires.”

Guanabana (Sour Sop)

Brazil Gourmet, opened in Pennsylvania in 1983 and imports Brazilian products to the USA, specifically focusing on tropical fruit drinks. Will the Guanabana succeed?

Mango

Page 13: What is it?. “the process involved when individuals or groups select, use, or dispose of products, services, or experiences to satisfy needs and desires.”
Page 14: What is it?. “the process involved when individuals or groups select, use, or dispose of products, services, or experiences to satisfy needs and desires.”

What is Marketing?

Marketing is the process of planning and executing the conception, pricing, promotion and distribution of ideas, goods, and services to create exchanges that satisfy individual and organizational needs.

Page 15: What is it?. “the process involved when individuals or groups select, use, or dispose of products, services, or experiences to satisfy needs and desires.”

The four Ps of Marketing

Page 16: What is it?. “the process involved when individuals or groups select, use, or dispose of products, services, or experiences to satisfy needs and desires.”

Which iron weighs more?

Page 17: What is it?. “the process involved when individuals or groups select, use, or dispose of products, services, or experiences to satisfy needs and desires.”

Everyday low

price $24.99 On Sale

Was $34.99

Now $24.99

Which shirt saves you more money?

Which shirt do you pay too much for?

Page 18: What is it?. “the process involved when individuals or groups select, use, or dispose of products, services, or experiences to satisfy needs and desires.”

“To successfully serve the customers in your target market, you must first understand reality as your target market perceives it.”

Gail Tom

Page 19: What is it?. “the process involved when individuals or groups select, use, or dispose of products, services, or experiences to satisfy needs and desires.”
Page 20: What is it?. “the process involved when individuals or groups select, use, or dispose of products, services, or experiences to satisfy needs and desires.”
Page 21: What is it?. “the process involved when individuals or groups select, use, or dispose of products, services, or experiences to satisfy needs and desires.”
Page 22: What is it?. “the process involved when individuals or groups select, use, or dispose of products, services, or experiences to satisfy needs and desires.”
Page 23: What is it?. “the process involved when individuals or groups select, use, or dispose of products, services, or experiences to satisfy needs and desires.”