COMM 2071 Media Audiences and Consumers Behaviour Chia Wei Hsien, Benjamin
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Koh Zhen Sheng, Royston
3185010
Tan Jian Da
3184867
Lin Jun Jiang
3184935
Lim Wei, Eric
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Low Puay Hoon, Sharon
3184959 1
Picture of a bubble tea store front
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Our topic Select
and prove the factor that is most critical in the buyer characteristics.
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Agenda Our
interpretation of the 4 factors in buyer characteristics Herd instinct? Our scenario The 4 factors in buyer characteristics
Cultural factor Social factor Personal factor Psychological factor
What
we think… 4
Our interpretation of the 4 factors in buyer characteristics Changes
Personal Cultural Culture Sub-culture Social class
Social
Age and life-cycle stage
Psychological Motivation
Groups Family Roles and status
Occupation Economic situation Lifestyle
Perception
Buyer
Learning Beliefs and attitudes
Personality and self-concept
Shapes
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Herd instinct? Remember
lecture?
lecture 1? Or did you missed the
According
to Mark Earls (2007), marketers must learn to accept that people do not act autonomously largely follow what other people do humans tend to reinvent what others had done or what others will be doing
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Herd instinct? Important
for marketers
yield higher profits for businesses
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Our scenario Bubble Tea Craze Introduced to Singapore during the early 90s
Sold in stalls in Night Bazaar @ S$4.50 per cup with only 2 flavours Green Milk Tea with pearls Red Milk Tea with pearls
In the late 90s, shops selling bubble tea were opened one by one with an average cost of S$2.50 per cup
More flavours to choose 8
Our scenario Expensive People
still queue to purchase the drink
The question is… Since it is not a cheap beverage, why are there still so many people queuing?
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What say you?
When you buy bubble tea, what pushes you to make the purchase?
I am a Singaporean and therefore I should drink it. My “bestest” friend is drinking it. I should drink it too! I’m filthy rich. Get me a bubble tea NOW! Gimme gimme… gimme gimme more… I’m thirsty.
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Cultural factor
Personal Cultural Culture Sub-culture Social class
Social Groups Family Roles and status
Age and life-cycle stage Occupation Economic situation Lifestyle Personality and self-concept
Psychological Motivation Perception
Buyer
Learning Beliefs and attitudes
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Cultural factor Culture
Kiasu culture Everyone has it, so I should try too No restrictions to races or religions
输 不 输人 型 (In
ien Hokk
u se
: shu
ai sh ng m
h)
la
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Cultural factor
Subculture
Basic personalization drink to suit own preferences Convenient Influx of Taiwan media featuring Taiwan lifestyle
Social class
No restriction to individual social status and class
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Social factor
Personal Age and life-cycle stage
Cultural
Social
Culture
Groups
Occupation
Sub-culture
Family
Economic situation
Social class
Roles and status
Lifestyle Personality and self-concept
Psychological Motivation Perception
Buyer
Learning Beliefs and attitudes
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Social factor Groups
Peer pressure Existence of opinion leader among the group
Family
Children influences Growing affluence
Roles
and status
Social role to play within the group 15
Personal factor
Personal Age and life-cycle stage
Cultural
Social
Culture
Groups
Occupation
Sub-culture
Family
Economic situation
Social class
Roles and status
Lifestyle Personality and self-concept
Psychological Motivation Perception
Buyer
Learning Beliefs and attitudes
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Personal factor Age
and life-cycle stage
Most
buyers were students, young professionals and tourists Anyone can purchase regardless their age and status Occupation N.A.
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Personal factor Economic
situation
Strong
economy growth after the 1997 recession Prices of the bubble tea are still lower than other beverages. Growing affluence of the society
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Personal factor Lifestyle Warm
and humid environment Sweet drinks are preferred by the young Personality Deemed
and self-concept
as cool because everyone drinks it
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Psychological factor
Personal Age and life-cycle stage
Cultural
Social
Culture
Groups
Occupation
Sub-culture
Family
Economic situation
Social class
Roles and status
Lifestyle Personality and self-concept
Psychological Motivation Perception
Buyer
Learning Beliefs and attitudes
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Psychological factor Motivation According
to Maslow’s hierarchy of needs
most
basic physiological needs >> thirst socials need >> satisfy the sense of belonging self esteem >> dominant member will attempt to also introduce and display his/her “preferences” towards the drink and make recommendation
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Psychological factor
Perception
Opening of more bubble tea outlets of different brands >> created an environment >> individual interprets the information >> form a perception Similar to the local drink, 奶茶 >> easy for new drinkers to adapt Food and beverage store + Long queue = good taste
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Psychological factor Learning
Good feedbacks >> stimuli >> buyer re-affirm the motivation to buy bubble tea News reports and other publications >> curious by nature >> thus will purchase to try and give their own judgment Association with the people around
Beliefs
and attitudes
Individual perception + learning >> shapes belief
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What we think… Cultural
Social
Personal
Culture will spark the initial interest and shape the guidelines to the consumer’s choice
Psychological Individuals have trigger points for certain traits. Example, long queue means popular or good
Opinion Leaders influence consumer’s opinion of a product
Humans are inquisitive, positive feedback from different channels will prompt individuals to try the product. Based on earning, interest and lifestyle, the consumer will decide if the product fit into his daily habits
The information gathered will shape the individual’s perception of the product The consumer will satisfy his immediate needs first 24
What we think…
Psychology factor will affect the final consumer decision
The information which the consumer have gathered will shape the consumer’s perception
There are trigger points which consumers associate with to a good product. For example long queues or branding.
Consumer motivation and decision differ between products that depend on their level of importance or interest 25
What we think…
Personal
Cultural Culture Sub-culture Social class
Social
Age and life-cycle stage
Groups
Occupation
Family
Economic situation
Roles and status
Lifestyle Personality and self-concept
Psychological Motivation Perception
Buyer
Learning Beliefs and attitudes
Most Critical
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Thank you 27
References
http:// www.asiacase.com/case/studResource/cool_report.htm (accessed 05 March 09) http://newpaper.asia1.com.sg/printfriendly/0,4139,11247 6,00.html (accessed 05 March 09) http://www.marxists.org/archive/bax/1918/01/instinct.htm (accessed 07 March 09) http://www.brandrepublic.com/InDepth/Features/635501/ Tap-herd-instinct/ (accessed 07 March 09)
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