|
; merous market segments
ae ifferent subcultures form nui fter which, the strategic
wanton besa ae ES TAN gate nS fhe
marketing decisions can be obtained conseq) 5 dwelling in the prov inces m \ e
People residing in Metro Manila and the ones ampaign. For Hindus, eating eet
recognized prior to initiating any marketing MPC. sans extremely enjoy
is prohibited because it is sacred while Muslims jigion whereas Hindus relish in
the same. Eating pork is prohibited in Muslim relig)
eating it.
PERSONAL INFLUENCES ON CONSUMER BEHAVIOR
= of consumers that highh
The personal factors are the individual features of corn : ae
control their buying behaviors. These features differ 4d behavior about goods
may result in the differences of perceptions, attitudes an
and services,
Age
The consumer buying behavior is greatly influenced by his ae. Consumers
buy different products in different stages of their life cycle. Children enjoy and
Purchase confectionaries and chocolates more as they grow and their preferences
for the products also change. Fashionable teenagers buy and wear bright and loud
colors apparels as compared to a middle aged or elderly individual who would
choose decent and subtle designs.
Young professionals may prefer spending abundantly on items such as beer,
bikes, music, clothes, parties, clubs and so on. A young adult would hardly be
interested in buying a house, property, insurance policies, gold and so on. An
older individual, on the other hand, would be more concerned in purchasing
something which would benefit his family and make their future safe.
Associated with age is the generation of a person. Marketers must also study
each of the generation on how to reach out to them.
Table 4 Generations and their Characteristics
Generation Type Age Bracket Characteristics
Centennials Under the Age of 21 Often called ~—digital_ natives,
Centennials do not hunt for bargains
They value social media when it
comes to making a purchase decision.
They give importance to quality and
authenticity over price. They make
more email-driven purchases than
other generations if the brand offe’s
an easy online/mobile experience.