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..   .
..
.
Perspective on Consumer Behaviors:
An average American :
136,692,500 ad in various form
2 million TV commercial

Consumer Behavior:
It is a process & activities people engage in when
   searching for selecting, purchasing, evaluating &
   disposing the product & services to satisfy their
   needs
.
.
.
.                       Need Recognition


                        Information Search
Cultural, Social,
Individual and          Evaluation
Psychological           of Alternatives
Factors
affect
                        Purchase
all steps

                        Postpurchase
                        Behavior
                                             4
Stages in the consumer decision making process &
  relevant psychological processes:
   consumer decision---------- Psychological Process
• Problem Recognition ::::::::::: Motivation
• Information Search:::::::::::::::Perception
• Alternative Evaluation:::::::::: Attitude Formation
• Purchase Decision:::::::::::::::: Integration
• Post purchase Evaluation::::::Learning
.
Problem Recognition:
There are following source
• Out of Stock
• Dissatisfaction
• New Needs & Wants
• Related product Purchase
• Market Induced recognition
• New Product
.
.
.
Personal
sources
The Selective Perception Process

•   Selective Exposure
•   Selective Attention
•   Selection Comprehension
•   Selection Retention
Alternate Evaluation
               All available brands
  Brand A   Brand B   Brand C   Brand D   Brand E

  Brand F   Brand G   Brand H   Brand I   Brand J

  Brand K   Brand L   Brand M   Brand N   Brand O

             Evoked Set of Brands
                                              Brand E

Brand F
Attitude Formation:
It can be judge by following process
• Individual
• Ads
• Media
• Retailers
• Organization
• Product Brand
• Company
.
Purchase Decision:
After having deep thinking finally consumer
  decide to purchase the goods of his choice.
  The final decision may varies due to following
  reason
• Brand
• Price
• Satisfaction
Post Purchase Evaluation:
Now it is the time to reevaluate the things.
  Consumer deeply thinks about product or
  services after using it & finally reach to
  following option
• Satisfaction
• Dissatisfaction
• Cognitive Dissonance
External Influences in Consumer Behavior:
Following factor may influence
• Culture
• Subculture
• Social Class
• Reference Group
• Situational Determinants

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Chap 3,perspective on consumer behaviour

  • 1. .. . .. .
  • 2. Perspective on Consumer Behaviors: An average American : 136,692,500 ad in various form 2 million TV commercial Consumer Behavior: It is a process & activities people engage in when searching for selecting, purchasing, evaluating & disposing the product & services to satisfy their needs
  • 3. . .
  • 4. . . Need Recognition Information Search Cultural, Social, Individual and Evaluation Psychological of Alternatives Factors affect Purchase all steps Postpurchase Behavior 4
  • 5. Stages in the consumer decision making process & relevant psychological processes: consumer decision---------- Psychological Process • Problem Recognition ::::::::::: Motivation • Information Search:::::::::::::::Perception • Alternative Evaluation:::::::::: Attitude Formation • Purchase Decision:::::::::::::::: Integration • Post purchase Evaluation::::::Learning
  • 6. .
  • 7. Problem Recognition: There are following source • Out of Stock • Dissatisfaction • New Needs & Wants • Related product Purchase • Market Induced recognition • New Product
  • 8. .
  • 9. .
  • 10. .
  • 12. The Selective Perception Process • Selective Exposure • Selective Attention • Selection Comprehension • Selection Retention
  • 13.
  • 14. Alternate Evaluation All available brands Brand A Brand B Brand C Brand D Brand E Brand F Brand G Brand H Brand I Brand J Brand K Brand L Brand M Brand N Brand O Evoked Set of Brands Brand E Brand F
  • 15. Attitude Formation: It can be judge by following process • Individual • Ads • Media • Retailers • Organization • Product Brand • Company
  • 16. .
  • 17. Purchase Decision: After having deep thinking finally consumer decide to purchase the goods of his choice. The final decision may varies due to following reason • Brand • Price • Satisfaction
  • 18.
  • 19. Post Purchase Evaluation: Now it is the time to reevaluate the things. Consumer deeply thinks about product or services after using it & finally reach to following option • Satisfaction • Dissatisfaction • Cognitive Dissonance
  • 20. External Influences in Consumer Behavior: Following factor may influence • Culture • Subculture • Social Class • Reference Group • Situational Determinants