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Powerpoint of Chapter 01 - CB - SV
Powerpoint of Chapter 01 - CB - SV
CONSUMER
BEHAVIOR
and
MARKETING
1 STRATEGY 9/5/2021
CONTENT
o Describe the term consumer behavior in
detail;
o Identify five consumer behavior
characteristics and their relevance to a
company's marketing strategy;
o Examine four internal and external factors
which can influence consumer behavior;
o Summarize the importance of research
studies on consumer behavior; and
o Propose a consumer behavior research. 9/5/2021 2
What is Consumer Behavior?
Consumer behavior focus on the
behaviors' identify that buyers
perform in:
o Finding, purchasing, using,
evaluating and deciding;
o Which product or service can
satisfy their expectations.
9/5/2021 3
Study CB means research:
o The way is that an individual, a
group or an organization select,
purchase, use and eliminate
products, services, ...
o To satisfy the needs and wants.
9/5/2021 4
The researching terms
Individuals or groups acquiring, using
and disposing of products, services,
ideas, or experiences;
Includes search for information and
actual purchase;
Includes an understanding of
consumer thoughts, feelings, and
actions. 9/5/2021 5
Characteristics of CB
– CB is not only about what is done by an
individual consumer, but also what an
organization do.
– CB does not only involve certain particular
products but would include ancillary products or
services.
– CB also involves several other activities.
– CB is a dynamic process.
– CB may involve many individuals.
– CB involves important decisions related to
consumption activities.
9/5/2021 6
CB and Marketing strategy
Study Market
Product
CB share
strategy
Promotion
strategy
Pricing
strategy
Distribution
strategy
9/5/2021 7
CB and Marketing strategy
- Shorter product life cycles;
- Environmental concerns;
- Consumer protection and public
policy concerns;
- Growth of services marketing;
- Not-for-profit/social marketing;
- Growth of global marketing. 9/5/2021 8
The responses of consumers
Consumer
Behavior
Social Psychological
o Motivation
o Reference Group
o Perception
o Opinion Leader o Learning
o Family 9/5/2021 10 o Attitude
Uses of CB research
Three groups
Government
Marketing Marketing Public
and political
organizations strategies policy organizations
1 2
Consumer
activities
3 Consumer
11
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12 9/5/2021
Approaching method
Collecting information of customer
Post-
purchase
stage
Purchasing
stage
Pre-
purchase
stage
9/5/2021 15
Consumer Behavior scope
How individuals make
decisions to spend their
resources;
How individuals dispose of
their once new purchases.
9/5/2021 16
Consumer Lifestyle and Consumer
Decisions
Needs/attitudes that
influence consumption
decisions
Consumer Consumer
lifestyle choices
Behavior/experiences
that reduce, maintain or
enhance lifestyle
9/5/2021 17
Overall Model of CB
18
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Successful relationships
CUSTOMER VALUE
CUSTOMER SATISFACTION
CUSTOMER RETENTION
9/5/2021 19
THANKS FOR
YOUR ATTENTION
9/5/2021 20