Analyzing Consumer Markets Marketing Management, 13 th ed 6.

Slides:



Advertisements
Similar presentations
©2003 Prentice Hall, Inc.To accompany A Framework for Marketing Management, 2 nd Edition Slide 0 in Chapter 6 Chapter 6 Analyzing Consumer Markets and.
Advertisements

Analyzing Consumer Markets Marketing Management, 13 th ed 6.
Analyzing Consumer Markets
Copyright © 2005 Pearson Education Inc. Consumer Markets and Consumer Buyer Behaviour Chapter 7 PowerPoint slides Express version Instructor name Course.
Consumer Markets and Consumer Buyer Behavior
Principles of Marketing SESSION: Model of Consumer Behavior.
6 Analyzing Consumer Markets
Copyright © 2003 Prentice-Hall, Inc. 7-1 Chapter 7 Analyzing Consumer Markets and Buyer Behavior by PowerPoint by Milton M. Pressley University of New.
Learning Goals Learn the consumer market and construct model of consumer buyer behavior Know the four factors that influence buyer behavior Understand.
Analyzing Consumer Markets Marketing Management, 13 th ed 6.
6 Analyzing Consumer Markets
Marketing Management • 14e
1 Matakuliah:G0492/ English for Advertising Tahun: 2005/2006 The Consumer Audience Consumer Behavior Cultural and Social Influences on consumers Psychological.
6 Analyzing Consumer Markets 1. Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-2 What Influences Consumer Behavior? Cultural Factors.
Analyzing Consumer Markets Marketing Management, 13 th ed 6.
1 ENT4310 Business Economics and Marketing Consumer Behavior Arild Aspelund IØT, NTNU.
Chapter 6 Consumer Markets and Consumer Buying Behavior
BUS7450 Strategic Marketing Management
Analyzing Consumer Markets Marketing Management, 13 th ed 6.
MARKETING MANAGEMENT 14th edition
A FRAMEWORK for MARKETING MANAGEMENT
Definitions Consumer buyer behavior refers to the buying behavior of final consumers – individuals and households who buy goods and services for personal.
C ONSUMER BEHAVIOUR. W HAT IS CONSUMER BEHAVIOUR The buying behavior of final consumers- individuals and households who buy goods and services for personal.
Analyzing Consumer Markets. Copyright © 2012 Pearson Education, Inc. Publishing as Prentice HallSlide 2 of 31 Possible Questions 1.How do consumer characteristics.
ANALYZING CONSUMER MARKETS AND BUYER BEHAVIOR
Analyzing Consumer Markets Marketing Management, 13 th ed 6.
Consumer Markets Purchasers and individuals in households Purchases are for personal consumption, not profit Business Markets Individuals and groups that.
Professor Takada Consumer and Business Buyer Behavior 4.
MARKETING MANAGEMENT 12th edition
Consumer Markets and Consumer Buyer Behavior Chapter 6.
Key Concepts.  Consumer behavior—the study of how individuals, groups, and organizations select, buy, and dispose of goods, services, ideas, or experiences.
Consumer Markets and Consumer Buyer Behavior (Part-1) LECTURE-8.
Consumer and Business Buyer Behavior
MARKETING MANAGEMENT 12 th edition 6 Analyzing Consumer Markets KotlerKeller.
Copyright © 2003 Prentice-Hall, Inc. 1 Chapter 6 Analyzing Consumer Markets & Buyer Behavior Francis Piron Qatar University Spring 2006.
MARKETING MANAGEMENT 12th edition
Chapter Five Consumer and Business Buyer Behavior.
Consumer and Business Market Dr. Ananda Sabil Hussein.
CSUMB 306 Business Marketing Carol Davis Fall 2014.
Chapter 5- slide 1 Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall I t ’s good and good for you Chapter Five Consumer Markets and.
Chapter 5- slide 1 Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall Chapter Five Consumer Markets and Consumer Buyer Behavior.
Consumer Markets and Consumer Buyer Behavior Chapter 5.
Consumer Behavior The field of Consumer Behavior:
Marketing Management, 13 th ed 6.  After reading this chapter, students should:  Know how consumer characteristics influence buying behavior  Know.
Principles of Marketing
Chapter 5- slide 1 Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall I t ’s good and good for you Chapter 3 Consumer Markets and Consumer.
Creating Customer Value, Satisfaction, and Loyalty 5.
Consumer Markets and Consumer Buyer Behavior
APPLIED MARKETING STRATEGIES Lecture 16 MGT 681. Marketing Ecology Part 2.
Consumer Markets and Consumer Buyer Behavior Copyright ©2014 by Pearson Education, Inc. All rights reserved.
Chapter 5- slide 1 Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall I t ’s good and good for you Chapter Five Consumer Markets and.
6 Analyzing Consumer Markets 1. Copyright © 2012 Pearson Education 6-2 Chapter Questions  How do consumer characteristics influence buying behavior?
Marketing’s Role in the Global Economy
5 Analyzing Consumer Markets
Consumer Markets and Consumer Buyer Behavior
Consumer Markets and Consumer Buyer Behavior
ANALYZING Consumer Markets
Arab World Edition Kotler, Keller, Hassan, Baalbaki, and Shamma
MARKETING MANAGEMENT 12th edition
Analyzing Consumer Markets
Analyzing Consumer Markets
Analyzing Consumer Markets
MARKETING MANAGEMENT 12th edition
Analyzing Consumer Markets
MKTM028 Strategic Marketing
Consumer Markets and Consumer Buyer Behavior
Consumer Markets and Consumer Buyer Behavior
Consumer Markets and Consumer Buyer Behavior
Consumer Markets and Consumer Buyer Behavior
06 Analyzing Strategic Perspective on: Consumer Markets and Consumer Buying Behavior Ahsan-ul Haq Shaikh.
Presentation transcript:

Analyzing Consumer Markets Marketing Management, 13 th ed 6

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-2 Chapter Questions How do consumer characteristics influence buying behavior? What major psychological processes influence consumer responses to the marketing program? How do consumers make purchasing decisions? How do marketers analyze consumer decision making?

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-3 Crest Used Mobile Phones to Engage Consumers in Its Irresistibility Campaign

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-4 What Influences Consumer Behavior? Cultural Factors Social Factors Personal Factors

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-5 What is Culture? Culture is the fundamental determinant of a person’s wants and behaviors acquired through socialization processes with family and other key institutions.

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-6 Subcultures Nationalities Religions Racial groups Geographic regions

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-7 David’s Bridal Targets the Latino Sub- Culture with its Collection of Quinceañera Dresses

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-8 Fast Facts About American Culture The average American: chews 300 sticks of gum a year goes to the movies 9 times a year takes 4 trips per year attends a sporting event 7 times each year

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-9 Social Classes Upper uppers Lower uppers Upper middles Middle class Working class Upper lowers Lower lowers

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-10 Characteristics of Social Classes Within a class, people tend to behave alike Social class conveys perceptions of inferior or superior position Class may be indicated by a cluster of variables (occupation, income, wealth) Class designation is mobile over time

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-11 Social Factors Reference groups Social roles Statuses Family

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-12 Reference Groups Membership groups Primary groups Secondary groups Aspirational groups Dissociative groups

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-13 Family Distinctions Affecting Buying Decisions Family of Orientation Family of Procreation

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-14 Radio Shack Targets Women with Female Store Managers

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-15 Roles and Status What degree of status is associated with various occupational roles?

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-16 Personal Factors Age Values Life cycle stage Occupation Personality Self- concept Wealth Lifestyle

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-17 The Family Life Cycle

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-18 Brand Personality Sincerity Excitement Competence Sophistication Ruggedness

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-19 Lifestyle Influences Multi-tasking Time-starved Money-constrained

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-20 Figure 6.1 Model of Consumer Behavior

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-21 Key Psychological Processes Motivation MemoryLearning Perception

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-22 Motivation Freud’s Theory Behavior is guided by subconscious motivations Maslow’s Hierarchy of Needs Behavior is driven by the lowest, unmet need Herzberg’s Two-Factor Theory Behavior is guided by motivating and hygiene factors

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-23 Maslow’s Hierarchy of Needs

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-24 Herzberg’s Two-Factor Theory

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-25 Perception Selective Attention Subliminal Perception Selective Retention Selective Distortion

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-26 Figure 6.4 Consumer Buying Process Problem Recognition Information Search Evaluation Purchase Decision Postpurchase Behavior

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-27 Problem Recognition

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-28 Sources of Information Personal ExperientialPublic Commercial

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-29 Figure 6.5 Successive Sets Involved in Consumer Decision Making

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-30 Table 6.4 A Consumer’s Evaluation of Brand Beliefs About Laptops

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-31 Figure 6.6 Stages between Evaluation of Alternatives and Purchase

Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 6-32 Perceived Risk Functional Physical Financial Social Psychological Time