Understanding Global Consumer: DR - Farzana Gulzar

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Understanding Global Consumer

Dr.Farzana Gulzar
Concept

⦿ Any one who


⦿ Initiates
⦿ Influences,
⦿ Buys,
⦿ Uses
⦿ The market offering
Customer

⦿ Regular

⦿ Repeat

⦿ Purchaser
Consumer Decision Making

⦿ process of
⦿ Selecting
⦿ Purchasing
⦿ Using,
⦿ Disposing
⦿ Products
⦿ To satisfy
⦿ needs
Consumer behavior

⦿ For strong consumer base


⦿ To enhance profitability

⦿ Successful marketing strategy


Problem solving approaches

⦿ Routine Problem solving

⦿ Habitual

⦿ Unthinking way
Limited Problem solving

⦿ Moderate

⦿ Limited amount of time and

⦿ thinking
Extensive Problem solving

⦿ Thinking

⦿ Lot of information

⦿ As mostly unaware
Five variables

⦿ Five variables impacting behavior


⦿ Personality
⦿ Perception
⦿ Attitude
⦿ Motivation
⦿ Learning
loyalty

⦿ The biased
⦿ Behavioral response(purchase)
⦿ Expressed over time
⦿ By a decision making unit
⦿ With respect to one or more set of brand
⦿ Is a function of psychological processes.
Types

⦿ Monopoly
⦿ Incentivised

⦿ Price

⦿ emotional
⦿THANKS

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