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​ MITY SCHOOL OF ARCHITECTURE AND 


PLANNING 
   
   
 
 

 
 
   
   
 
 
   
 
Architecture and Marketing Skills  
Assignment 02  
 
 
 
Submitted By : 
Chhaya Kaurani 
A1904016015 
 
 
 
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Question 01 : What is the importance of consumer behavior in marketing? 
 
Study  of  consumer  buying  behavior  is  ​most important for marketers as they can 
understand  the  expectation  of  the  consumers. It helps to understand what makes 
a  consumer  buy  a  product.  It  is  important  to  assess  the  kind  of  products  liked  by 
consumers so that they can release it to the market. 
 
1. Modern Marketing Philosophy: 

Modern  marketing  philosophies include identifying consumers’ needs and satisfying 


them  more  effectively  than  the  competitors.  Thus  modern  marketing  needs  to 
understand consumer behaviour. 

2. Goal Achievement: 

The  key  to  the  company’s  survival,  profitability,  and  growth  in  a  highly  competitive 
marketing  environment  is  its  ability  to  identify  and  satisfy  consumers  unfulfilled 
needs  better  and  sooner  than  the  competitors.  Thus,  consumer  behaviour  helps  in 
achieving marketing goals. 

3. Development of Marketing Programme: 

Marketing  programmes  consist  of  product,  price,  promotion,  and  distribution 


decisions.  The  programme  can  be  more  relevant  if  it  is  based  on  the  study  of 
consumer behaviour. 

4. Improving Marketing Programme Gradually: 

Since  consumer  behaviour  studies  consumer  response  patterns  on  a  continuous 


basis; marketer can easily come to know the changes taking place in the market. 

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Based  on  current  market  trends,  the  marketer  can  make  necessary  changes  in  the 
marketing programme to adjust with the market. 

5. Useful for Middlemen: 

The  study  of  consumer  behaviour  helps  the  middlemen  and  salesmen  to  perform 
their tasks effectively in order to meet consumer’s needs and wants successfully. 

6. Predicting Market Trend: 

Consumer  behaviour  can  also  help  in  forecasting  the  future  trends.  Due  to  this,  the 
marketer  can  prepare  its strategies well in advance in order to take advantage of the 
emerging opportunities, and/or for facing challenges and threats. 

 
 
 
 
 
 
 
 
 
 
 
 
 
 

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Question 02 : What are the characteristics of professional service ? 

A  ​professional  service  is an intangible product ​that a contractor or product vendor 


sells to help a customer manage a specific part of their business.  
 
Intangibility: 
Services are intangible, we cannot touch, feel or smell them. Whereas the 
a  consumer  has  the  right  and  opportunity  to  touch,  hear,  feel  or  smell  the  goods 
before buying it. 
 
Inseparability: 
Services are generally created or supplied simultaneously. They are 
inseparable.  Services  and  their  providers  are  associated  closely  and  thus,  not 
separable.  Goods  are  produced,  sold  and  then  consumed  whereas  the  services  are 
sold and then produced and consumed. 
 
Inconsistency: 
It  is  characteristic  of  services  that  makes  them less standardized  &  uniform 
than  goods.  While  we  may  get  the  same  product every time, we buy it, chances 
are  that  it  tastes  the  same,  looks  the  same  or  feels  the  same.  It  is  not  quite  the 
same with services. 
 
Perishability: 
It  is  used  in  marketing  to  describe  the way in which a service capacity  cannot  be 
stored  for  sale  in  the  future.  Services  cannot  be  stored,  saved,  returned,  or  resold 
once  they  have  been  used.  Once  rendered  to  a  customer,  the  service  is 
completely  consumed  and  cannot  be  delivered  to  any  other  customers.  Whereas 
this is not the case with goods. 
 
 

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