Consumer Behaviour

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  • Words: 145
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Consumer Behavior

Group Members: Amit Dangi Rohit Dhaula Saurav Kalia

We Don’t Sell Soap But Also Sell Hope

Determinants of Customer Delivered Value Image value Personnel value Services value

Total customer value

Product value

Customer delivered value

Monetary cost Time cost Energy cost Psychic cost

Total customer cost

Customer Delivered Value Image Value

Personal Value

Cont… Service Value

Product Value

Total Customer Cost Monetary Cost

Time Cost

Cont… Energy Cost

Physic Cost

Laddering Theory One-on-one interviewing technique used to develop

an understanding of how consumers translate the attributes of products into meaningful associations with respect to self, following Means-End Theory.

Application 1. Segmenting consumers with respect to their values orientations for a product class or brand. 2. Helps in assessing brands or products in a fashion similar to the use of more traditional ratings. 3. Used as a basis for developing advertising strategies.

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