Analyzing Consumer Behaviour
By : Shinta Rahmani, SE., M.Si
Marketing
Source : Principle of Marketing, Philip Kotler
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ANALYZING CONSUMER BEHAVIOR
FACTORS INFLUENCING CONSUMER BEHAVIOR BUYING ROLES TYPES OF BUYING BEHAVIOR THE BUYING DECISION PROCESS
Marketing
Source : Principle of Marketing, Philip Kotler
2
FACTORS INFLUENCING CONSUMER BEHAVIOR CULTURAL FACTORS: Culture Sub-culture Social Class SOCIAL FACTORS: Reference groups Family Roles & statuses
Marketing
Source : Principle of Marketing, Philip Kotler
3
FACTORS INFLUENCING CONSUMER BEHAVIOR(2)
Marketing
PERSONAL FACTORS Age and Life-Cycle Stage Occupation Economic Circumstances Lifestyle Personality & Self-concept
Source : Principle of Marketing, Philip Kotler
4
FACTORS INFLUENCING CONSUMER BEHAVIOR (3)
PSYCHOLOGICAL FACTORS
Motivation Learning Perception Beliefs & Attitudes
Marketing
Source : Principle of Marketing, Philip Kotler
5
Maslow’s Hierarchy of Needs Self Actualization
(Selfdevelopment)
Esteem Needs
(selfesteem, status) Social Needs
(sense of belonging, love)
Safety Needs
(security, protection)
Physiological Needs (hunger, thirst)
Marketing
Source : Principle of Marketing, Philip Kotler
6
Buying Roles
Marketing
INITIATOR: The first person to suggest the idea of buying. INFLUENCER: A person whose views impact the buying decision. DECIDER: The person who decides on what, when & where to buy the product or service. BUYER: The actual purchaser. USER: The person who uses/consumes the product or service.
Source : Principle of Marketing, Philip Kotler
7
TYPES OF BUYING BEHAVIOR DEGREE OF INVOLVEMENT HIGH
HIGH
DEGREE OF DIFFERENCES IN BRANDS LOW
Marketing
LOW
COMPLEX BUYING BEHAVIOR
VARIETYSEEKING BUYING BEHAVIOR
DISSONANCEREDUCING BUYING BEHAVIOR
HABITUAL BUYING BEHAVIOR
Source : Principle of Marketing, Philip Kotler
8
THE BUYING DECISION PROCESS Problem/need Recognition Information Search Evaluation Of Alternatives Purchase Decision Postpurchase Behavior
Marketing
Source : Principle of Marketing, Philip Kotler
9
PROBLEM/NEED RECOGNITION
Marketing
From Internal Stimuli: Hunger Thirst Fear From External Stimuli: Neighbor’s Purchases Advertisements Window Shopping Newspapers & Magazines Source : Principle of Marketing, Philip Kotler
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INFORMATION SEARCH
From Personal Sources: Family Friends Neighbors Acquaintances
Marketing
From Commercial Sources: Advertisements Dealers Salespersons Packaging Displays
Source : Principle of Marketing, Philip Kotler
11
INFORMATION SEARCH (CONTD) From
Marketing
Commercial Sources:
Advertisements Dealers Salespersons Packaging Displays
Source : Principle of Marketing, Philip Kotler
12
INFORMATION SEARCH (CONTD)
From Public Sources: Mass Media Chambers of Commerce Consumer Rating Magazines
Marketing
From Experiential Sources: Handling the Product Examining the Product Using the Product
Source : Principle of Marketing, Philip Kotler
13
EVALUATION OF ALTERNATIVES
Successive Sets in Consumer DecisionMaking: Total Set Awareness Set Consideration Set Choice Set Buying Decision (continued)
Marketing
Source : Principle of Marketing, Philip Kotler
14
PURCHASE DECISION
Interfering Factors: Attitudes of Others: Opposing and intense opinions of family members, close friends and acquaintances Unanticipated situational factors: Changes in income, job transfer, loss of employment, change of priority e.g. sudden payment of educational fees etc.
Marketing
Source : Principle of Marketing, Philip Kotler
15
POST PURCHASE BEHAVIOR
Marketing
Post purchase Satisfaction: Keep the Product Store the Product Convert to a Second Use Post purchase Dissatisfaction: Try to return the product/take legal recourse Rent it Get rid of it/Throw it Source : Principle of Marketing, Philip Kotler
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