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IMPULSIVE BUYING
Discussant:
SHEILA S. JOSE
ROSAMAE B. ANDRES
DEFINITION
It is a sudden and immediate purchase with no pre-
shopping intentions either to buy the specific product
category or to fulfill a specific buying task.
The behavior occurs after experiencing an urge to
buy and it tends to be spontaneous and without a lot
of reflection. It does not include the purchase of a
simple reminder item, which is an item that is simply
out of stock at home.”
(Beatty, Ferrell 1998)
• Spur of the moment, unplanned
decision to buy, made just
before a purchase.
•(Business dictionary)
Choices made without
considering the long term interest
(Stigler & Becker 1997)
Quick response to the stimulus
without deliberation and
evaluation of consequences.
(Buss & Plomin 1975)
A sudden spontaneous inclination
or incitement to some usually an
unpremeditated purchase
(Merriam- Webster’s Medical
Dictionary)
CHARACTERSTICS OF
IMPULSIVE
BUYING
 Unplanned, Spontaneous and intense urge to buy the
purchaser often ignoring the consequences.
 Without much prior knowledge of the product or intension
to buy.
 A kind of emotional and irrational purchase often for
reasons like fun, fantasy and social and economic pleasure
 Consumer often regret their purchase after
purchasing
CHARACTERISTICS OF IMPULSIVE
BUYING
INFLUENCERS OF IMPULSE BUYING
Internal Factors:
1.The love of buying new things, or a
shopping addiction
2. Fear of missing out (FOMO)
3. You have biases
4. You want to save money
5. You want to feel good
EXTERNAL FACTORS
1. Windows display
2. Visual merchandising
3. In-store form display
4. Promotional signage
5. E-commerce
1
TYPES OF IMPULSIVE BUYING
1. Pure Impulsive Buying
-The consumer is not looking for the
product at all but feels a strong emotional
want. Low price is a common trigger to
this category.
2. Suggestion Impulsive Buying
–purchase is not planned because
the consumer has no previous
knowledge about the product
Broden&Söderberg 2011
3. Reminder Impulsive Buying
–about a particular advertisement
or information previously noticed
by the consumer
Broden&Söderberg 2011
4. Planned Impulsive Buying
–consumer has in mind to buy
something or some sort of good but
the choice of what kind of product,
brand, size or price etc. has not been
determined
Broden&Söderberg 2011
WHY AND WHEN PEOPLE
BUY IMPULSIVELY?
he Pleasu e
OF PUPCHASING
ADVANTAGES OF IMPULSIVE BUYING:
1. It acts as stress- reliever.
2. It makes you feel good.
3. You may get a product first before it’s out or
the price goes up.
1. Disturbs the overall financial budget.
2. Oftengives product dissatisfaction andless
alternatives are considered.
3. People often have post purchase regret.
4. Irrational decision making, being more
emotional.
DISADVANTAGES OF IMPULSIVE BUYING:
1. Spontaneous unplanned
irrational buying
2. Consumers buy just aft
product awareness is
induced
3. No intention to buy
4. Decision errors
5. Post purchase satisfaction
not assured, often regret
1. Well-planned long term
rational buying
2. Consumers gathers
complete knowledge of the
product
3. No intention to buy
4. Accurate decision
5. Post purchase satisfaction
PLANNED BUYING
IMPULSIVE
BUYING
HOW CAN YOU AVOID
IMPULSE BUYING?
1. Create a 30-day
waiting list for big
purchases.
2. Avoid going to
shopping areas (except
for necessities).
3. Find free ways to
reward yourself.
4. Avoid visiting
online shopping
websites.
5. Be mindful of your
reaction to impulse
buying.
6. Always have a list
and a plan for your
purchases.
7. Avoid using
credit cards.
9. Remember
your goals.
Report on impulsive buying

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Report on impulsive buying

  • 1. IMPULSIVE BUYING Discussant: SHEILA S. JOSE ROSAMAE B. ANDRES
  • 2. DEFINITION It is a sudden and immediate purchase with no pre- shopping intentions either to buy the specific product category or to fulfill a specific buying task. The behavior occurs after experiencing an urge to buy and it tends to be spontaneous and without a lot of reflection. It does not include the purchase of a simple reminder item, which is an item that is simply out of stock at home.” (Beatty, Ferrell 1998)
  • 3. • Spur of the moment, unplanned decision to buy, made just before a purchase. •(Business dictionary)
  • 4. Choices made without considering the long term interest (Stigler & Becker 1997)
  • 5. Quick response to the stimulus without deliberation and evaluation of consequences. (Buss & Plomin 1975)
  • 6. A sudden spontaneous inclination or incitement to some usually an unpremeditated purchase (Merriam- Webster’s Medical Dictionary)
  • 7. CHARACTERSTICS OF IMPULSIVE BUYING  Unplanned, Spontaneous and intense urge to buy the purchaser often ignoring the consequences.  Without much prior knowledge of the product or intension to buy.  A kind of emotional and irrational purchase often for reasons like fun, fantasy and social and economic pleasure  Consumer often regret their purchase after purchasing CHARACTERISTICS OF IMPULSIVE BUYING
  • 8. INFLUENCERS OF IMPULSE BUYING Internal Factors: 1.The love of buying new things, or a shopping addiction 2. Fear of missing out (FOMO) 3. You have biases 4. You want to save money 5. You want to feel good
  • 9. EXTERNAL FACTORS 1. Windows display 2. Visual merchandising 3. In-store form display 4. Promotional signage 5. E-commerce
  • 10.
  • 11. 1
  • 13. 1. Pure Impulsive Buying -The consumer is not looking for the product at all but feels a strong emotional want. Low price is a common trigger to this category.
  • 14. 2. Suggestion Impulsive Buying –purchase is not planned because the consumer has no previous knowledge about the product Broden&Söderberg 2011
  • 15. 3. Reminder Impulsive Buying –about a particular advertisement or information previously noticed by the consumer Broden&Söderberg 2011
  • 16. 4. Planned Impulsive Buying –consumer has in mind to buy something or some sort of good but the choice of what kind of product, brand, size or price etc. has not been determined Broden&Söderberg 2011
  • 17. WHY AND WHEN PEOPLE BUY IMPULSIVELY?
  • 18.
  • 19.
  • 20.
  • 21.
  • 22.
  • 23. he Pleasu e OF PUPCHASING
  • 24.
  • 25.
  • 26. ADVANTAGES OF IMPULSIVE BUYING: 1. It acts as stress- reliever. 2. It makes you feel good. 3. You may get a product first before it’s out or the price goes up.
  • 27. 1. Disturbs the overall financial budget. 2. Oftengives product dissatisfaction andless alternatives are considered. 3. People often have post purchase regret. 4. Irrational decision making, being more emotional. DISADVANTAGES OF IMPULSIVE BUYING:
  • 28. 1. Spontaneous unplanned irrational buying 2. Consumers buy just aft product awareness is induced 3. No intention to buy 4. Decision errors 5. Post purchase satisfaction not assured, often regret 1. Well-planned long term rational buying 2. Consumers gathers complete knowledge of the product 3. No intention to buy 4. Accurate decision 5. Post purchase satisfaction PLANNED BUYING IMPULSIVE BUYING
  • 29. HOW CAN YOU AVOID IMPULSE BUYING?
  • 30. 1. Create a 30-day waiting list for big purchases.
  • 31. 2. Avoid going to shopping areas (except for necessities).
  • 32. 3. Find free ways to reward yourself.
  • 33. 4. Avoid visiting online shopping websites.
  • 34. 5. Be mindful of your reaction to impulse buying.
  • 35. 6. Always have a list and a plan for your purchases.