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Understanding Customers
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All Marketing decisions are designed on the basis of
Customer Focus
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Need to Understand Who the Customer is / will be Customer Values
Customer Behaviours
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C. Learning Academy of Branding
Understanding Values A market never bought anything – only Customers do. Customer Values + Customer Buying Behaviour C. Learning Academy of Branding 4 4
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Who the Customer is / will be
Need to be able to describe customers / potential customers Commonly use characteristics such as: Demographics Geographics Psychographics
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Demographic profiling
age, sex, race, education, occupation, income, religion, marital status, family size, home ownership, socio economic status, etc...
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Geographic variables :
state, country, region, climate, population PLUS Geo-Demographics (you are where you live)
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Psychographic profiling variables :
Customer's lifestyle, - based on personality, values, attitudes,
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Customer Values Functional Symbolic Transactional
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Functional Values Customers buy things for what they do
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Symbolic Values Customers buy things for what they mean
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Transaction Values Customers get values from
the experience of exchange
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Consumer behaviour can be defined as the decision-making process and physical activity involved in:
acquiring, evaluating, using and disposing of goods and services
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Using Consumer Behaviour :
Knowledge of Consumer Behaviour informs ALL Marketing decisions and activities: Strategy Operations Tactics
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Customer Profile A basic technique which brings together Consumer Behaviour data as a basis for decision-making
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Customer Profiles Core information on: Characteristics Values
Behaviours Form the basis for defining target customers and segments
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Typical Customer Profile includes:
Who How Where When Why
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Who are the occupants of segments? buys our products and why?
buys our competitors' products and why
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How do customers buy? long does the process last?
do various elements of the marketing programme influence customers at each stage of the process? and for what do customers use the products? much are they willing to spend? often do they buy? much do they buy?
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Where is the decision made to buy?
do customers seek information about the product/outlet? do customers buy the product
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What benefit does the customer seek?
factors influence demand for the product? are the important criteria for customers choosing this particular outlet / product? is the basis of comparison with other products / outlets? risks does the customer perceive? services do customers expect?
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Why do customers buy this product?
do customers choose one brand as opposed to another?
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