Professional Documents
Culture Documents
Behaviour
Presented by:
Sushant Mishra
Modern Marketing Concept
Caveat Vendor (Seller Beware)
Definition – Consumer Behaviour
…the decision process and physical activity
individuals engage in when evaluating,
acquiring, using or disposing of
goods and services.
Target - Customer
No Target – Communication Diluted
Market Segmentation
A market segment - a group of customers – share
similar needs and wants
Homogeneous Preferences – all consumers –
roughly the same preferences (eg. Choice of Pet)
Diffused Preferences – segments vary greatly in
preferences (eg. Preference for cars)
Clustered Preferences – natural segments emerge
from groups of consumers with shared
preferences (eg. South Indian Food preference in
segment liking Indian Food)
Effective Segmentation
Identifiable and Measurable
Accessible
Responsive
Substantial
BASES OF
SEGMENTATION
Geographic
Rural or Urban
City – Tier I, II or III
Regions
Demographic
Age and Life stage
Family Size
Gender
Income
Occupation
Education
Demographic Impact on Buyer
Behaviour
Psychographic (Psychology +
Demographics)
Lifestyle – Culture oriented, Outdoor oriented,
Sports Oriented
Personality – Compulsive, gregarious,
authoritarian, ambitious
SEC (Socioeconomic Classification) –
Combination of Education and Occupation of
Principal Earner in Family – A1, A2, B1, B2, C,
D, E1 & E2
VALS (Values and Lifestyles)
Framework
Behavioural
Occasions – Regular, special
Benefits – Quality, Service, Economy, Speed
User Status – Non user, Ex-User, Potential user, First
time user, Regular User
Usage Rate – Light, Medium, Heavy
Loyalty Status – None, Medium, Strong, Absolute
Readiness Stage – Unaware, Aware, Informed,
Interested, Desirous, Intending to buy
Attitude towards Product – Enthusiastic, Positive,
Indifferent, Negative, Hostile
Cases
McDonald’s
Examples - Targeted
Communication
‘Thank You’