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CONTENTS
Introduction
Consumer Behaviour
Relevance of Consumer Behaviour
Importance of Consumer Behavior
Factors Affecting Consumer Behaviour
Scope of Consumer Behaviour
Introduction
Consumer: Consumer may be anyone who
is engaged in evaluating, acquiring and
using of services.
Types of Consumer:
2
Consumer Behaviour
Consumer
behaviour: can be defined as the process
whereby individuals decides whether, what, when, where,
how and from whom to purchase goods or services.
Broader View of Consumer behaviour
3
Relevance of Consumer
Behaviour
To make better strategies for increasing profits.
To take into consideration customer’s health,
hygiene & fitness.
Consistent change in Consumer’s tastes or
preferences.
Consumer behavior study is necessary to make
pricing policies. To avoid future market failures.
Importance of Consumer Behavior
To emerge as a winner in highly competitive
environment.
To implement properly the modern marketing concept
in action.