Professional Documents
Culture Documents
Consumer Behaviour
Consumer Behaviour
Cultural factors-culture;sub culture;social class Social factors-reference groups;family;social roles and status
Personal factors -Age and stage in life cycle -Occupation and economic circumstances -Personality and self concept -Lifestyle and values
Motive: A need that is sufficiently pressing to drive a person to act. Freud: Psychological forces shaping peoples behaviour are largely unconscious. Maslow: Hierarchy of needs. Herzberg: Dissatisfiers and satisfiers. Absence of dissatisfiers alone not enough.
Perception: The process by which a person selects, organizes, and interprets information to create a meaningful picture of the world. Can vary widely among individuals exposed to the same reality. Selective attention/distortion Learning-change in behaviour arising from experience Memory-associative network model-STM and LTM Retrieval
5 stage model - Problem recognition -Information search -Evaluation of alternatives -Purchase decision -Post purchase behaviour
Level of consumer involvement: 1)High/low involvement 2)Variety seeking behaviour Decision heuristics and biases 1)The availability heuristic 2)The representativeness heuristic 3)The anchoring and adjustment heuristic Mental Accounting