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Session Outline What is Consumer Buyer Behaviour Model of Consumer Behaviour Characteristics Affecting Consumer Behaviour Types of Buying Decision Behavior The Buyer Decision Process What is Consumer Buyer Behaviour Consumer Buyer Behaviour The buying behaviour of final consumers – individuals and households that buy goods and services for personal consumption. Consumer Market All the individuals and households who buy or acquire goods and services for personal consumption. Model of Consumer Behaviour The Environment Buyer Responses Buyer’s Black Marketing Other Box • Stimuli Buying attitudes and preferences Economic Buyer’s • Product Purchase behaviour: characteristics what the buyer buys, Price Technologic when, where, and how al Buyer’s decision much Place process Social • Brand and company Promotion Cultural relationship behaviour Factors Affecting Consumer Behaviour Many, many levels of factors affect our buying behaviour-from broad cultural and social influences to motivations, beliefs, and attitudes lying deep within us. Factors Influencing Consumer Behaviour Cultural Social Personal Psychologi cal Culture Reference Age and life group cycle stage Motivation Occupation Economic Perception Subculture Family Buyer Situation Learning Lifestyle Roles and Personality Beliefs and Social class status Attitudes and self- concept
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