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Consumer buyer behavior
refers to the buying behavior of final consumers, individuals and households that buy goods and services for personal consumption
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Consumer market
all the individuals and households that buy or acquire goods and services for personal consumption
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Culture
the set of basic values, perceptions, wants, and behaviors learned by a member of society from family and other important institutions
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subculture
groups of people with shared value systems based on common life experiences and situations.
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Multicultural marketing
including multicultural ethnic themes and cross culture perspectives within their mainstream marketing
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Social class
relatively permanent and ordered divisions in a society whose members share similar values, interest and behaviors
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Groups
2 or more people who interact to accomplish individual or mutual goals
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Word- of-mouth influence
the impact of the personal word and recommendations of trusted friends, associates and other consumers on buying behaviors
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Opinion leaders
people within a reference group who because of special skills, knowledges, personality or other characteristics exert social influence on others
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Family
most important consumer buying organization in society
- - consumers focus on roles of each family member and their
- influence on the purchase of different products and services
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life cycle
the stages through which families might pass as they mature over time
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lifestyle
a person’s pattern of living as expressed in his or her activities interests and opinions
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personality
the unique psychological characteristics that distinguish a person or group
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self-image
people’s possessions contribute to and reflect their identities we are what we consume
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Motivation
a need that is sufficiently pressing to direct the person to seek satisfaction of the need
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Perception
the process by which people select organize and interpret information to form a meaningful picture of the world
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selective attention
the tendency for people to screen out most of the information to which they are exposed
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selective distortion
the tendency for people to forget much of what they learned
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selective retention
means that consumers are likely to remember good points made about a brand they favor and forget good points made a bout a competing brand
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drive
strong internal stimulus that calls for action
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beliefs
a descriptive thought that a person holds about something
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attitude
a person’s consistently favorable or unfavorable evaluation, feelings and tendencies toward an object or idea.
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The buyers decision process
5 stages : need recognition, information search, evaluation of alternatives, purchase decision and post purchase behavior
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Information Search
personal sources
family friends, neighbors acquaintances
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Information Search
commercial sources
advertising sales people dealer web sites packaging displays
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Information Search
- public sources
mass media consumer rating organizations, internet searches
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Information Search
experiment
handling examining using products
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Evaluation of Alternatives
How the consumers process information to arrive at brand choices
- buying attributes price, style, operating economy, and warranty
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cognitive dissonance
buyers discomfort caused by post purchase conflict
- uneasy about acquiring drawbacks of chosen brands and not
- receiving benefits of unchosen brands
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New product
a good, service, or idea that is perceived by some potential customers as new
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Adoption process
- the mental process through which an individual passes from
- first hearing about an innovation to final adoption
- 5 stages
- · awareness
- · interest
- ·evaluation
- ·trial
- ·adoption
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innovators
venturesome try new products at some risk
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relative advantage
- the degree to which the innovation appears
- superior to existing products
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compatibility
the degree to which the innovation fits the values and experience of potential consumers
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complexity
- the degree to which the innovation is difficult
- to understand or use
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divisibility
the degree to which the innovation may be tried on a limited basis
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communicability
- the degree to which the results of using the innovation can be observed
- or described to others
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Systems selling
- buying a packaged solution to a problem from a single seller, thus
- avoiding all the separate decisions involved in a complex buying situation
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Organizational factors
- buying organizations have their own objectives, strategies, structure,
- systems and procedures
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