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CONSUMER BUYER

BEHAVIOR
UNIT 5
CHARACTERISTICS AFFECTING
CONSUMER BEHAVIOR
1. Cultural factors
• Culture
• Subculture
• Social class : Deprived < 90000, Aspires
90000 – 200000, Seekers 200000 –
500000, Strivers 500000 - 1000000 &
Global Indians >1000000
Contd….
2. Social factors
• References – Membership groups are
primary group and secondary group.
Aspirational group & dissociative groups
• Family

3. Personal factors
Age, occupation, lifestyle and personality
influence
Contd….
4. Psychological factors:
Motivation
Abraham Maslow’s “Need Hierarchy Theory”
• Physiological Needs
• Security and Safety needs
• Social needs
• Esteem needs
• Need for self-actualisation
Contd….
Perception
It is the process of acquiring, interpreting,
selecting and organizing sensory
information.
• Selective attention
• Selective distortion
• Selective retention
Contd….
Learning
Learning brings drive, cues and
discrimination

Beliefs and Attitudes


BUYING DECISION PROCESS
• BUYING ROLES
1. Initiator
2. Influencer
3. Decider
4. Buyer
5. User
TYPES OF BUYING DECISION
BEHAVIOR: HENRY ASSAOL MODEL

• Complex buying behavior – difference


between brands are very high
• Dissonance reducing buying behavior –
very few differences
• Variety – seeking buying behavior –
significant difference between the brands
• Habitual buying behavior – few differences

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