Consumer Behaviour I Flashcards
consumer behaviour AKA
consumer buyer behaviour
what is consuemr behaviour
Includes the whole process of studying why consumers
purchase certain products, how they buy them to the
point where they dispose of the products
what is consumer market
All the individuals and households that buy or acquire
goods and services for personal consumption
what are the 3 parts under the consumer behaviour model
stimuli (external factors)
black box (buyer’s mind) (internal factors)
responses
what are the 2 types of external factors
marketing mix (from the brand itself) (4Ps: prod, price, place, promotion)
environmental
what is the environmental external factors (stimuli)
Economic,
Technological,
Cultural
political
demographic
situational
what are the 2 things in black box (internal factors)
consumer characteristics
decision making process
what are the internal factors consumer characteristics
beliefs/attitudes
values
knowledge
motives
perceptions
lifestyle
what are the internal factors decision making process
problem solving
information search
alternate evaluation
purchase
post purchase
evaluation
what are the responses
either to purchase or not
if purchase then which:
- product
- brand
- source
- amount
- method of payment
what is the decision making process
problem solving
information search
alternate evaluation
purchase
post purchase
evaluation
what are the factors (internal and external) which influence consumer behaviour
cultural
social
personal
psychological
what are the cultural factors
culture,
subculture,
social class
what are the social factors
reference groups,
family,
roles and status
what are the personal factors
- age
- occupation
- economic situtations
- lifestyle
- personality
- self-concept / self image