Professional Documents
Culture Documents
Changing Trends of Global Consumers (Mktg10)
Changing Trends of Global Consumers (Mktg10)
Changing Trends of Global Consumers (Mktg10)
NATURE
3 COMPONENTS
ACTIVITIES
INTEREST
OPINION
RESEACRH:HELP MARKETERS
UNDERSTAND HOW PRODUCTS
FITS INTO CONSUMERS
CONSUMERS WHO ENGAGE IN
DIFFERENT ACTIVITIES AND HAVE
DIFFERENT OPINIONS AND
INTEREST MAY REPRESENT
DISTINCT LIFESTYLE SEGMENTS
FOR MARKETERS
Changing Trends of Global
Consumers
Cultural Flows
The spread of ideas, media, products,
brands, and lifestyles to new places---
increasing as the number of cultural poles
rises and the world becomes more
interconnected
Time Pressure
Effects are felt most in most intensely in
developed countries, change is occurring
most rapidly in emerging markets.
Cultural Multipolarity
the ability to produce and disseminate
culture in its modern forms is rising in
more places around the world.
Asia Rising
the countries of Asia are strengthening their
economic and cultural clout and boosting their
prominence in the world.
Media spread
more people have access to mass media than ever
before.
media devices including radios, TVs, computers
and mobile phones are becoming more affordable,
and new broadcast media like satellite and the
internet are increasing choice and accessibility.
Social freedom
the range of personal, political, and
economic options open to individuals is
growing around the world.
Transparency
the increasing ability to gather, store, and
share information is making it easier to
know about people, products, companies,
and governments, propelling the world.
Monetization
Consumers are increasingly substituting
purchased products, devices, and services for
labor and time.
Rising Mobility
people are upgrading their mobility, enabling
them to move further and faster than before.
emerging markets will be transformational,
impacting lifestyles and opening up new areas
of demand for mobility-related goods and
services.
Migration
will affect language, social values, food,
entertainment, and many other aspects of daily life.
Networked World
networked information devices are spreading,
enabling new connections between people,
organizations, and objects and allowing more
information to travel faster.
having profound impacts, which are likely to
accelerate.
Consumerism
consumerism is becoming an option for
more people than ever before.
as this happens, lifestyles that rely on
consumer goods and center on the
acquisition of these goods continue to
spread around the world.
Changing Families
Population Growth
one of the worlds most significant trends. every decade
adds hundreds of millions of people to the global
population, with the vast majority to medium and lower
income countries.
Middle-Class Growth
over the last century the emergence of large middle-
income groups within more developed societies has gone
hand in hand with the creation of modern consumerism.
Urbanization
the number of people living in urban areas has risen
sharply in recent decades, from roughly 1 billion in 1960
to 3 billion.
People’s lives change when they move from rural areas to
cities. They can do different work, increase their income,
and encounter new social rules, ideas, and lifestyles.
Personality
consistof the distinctive patterns of behaviors
tendencies, qualities, or personal dispositions
that make one individual different from
another and lead to a consistent response to
environmental stimuli.
these patterns are internal characteristics that
we are born with or that result from the way
we have been raised.
the concept of personality helps us
understand why people behave differently
in different situations.
an internal characteristics that determines
how individuals behave in various
situations.
the study of personality and its relationship
to human behavior can be traced back to
the earliest writings of the European
Greeks, Chinese, and Egyptians.
Research Approaches to Personality
The social science provides various approaches
to studying personality. This section reviews five
that consumers researches apply:
1. Psychoanalytic approaches
2. Trait theories
3. Phenomenological approaches
4. Social-psychological approaches
5. Behavioral approaches
Psychoanalytic approaches
Personality
arises from a set of dynamic, unconscious
internal struggles with the mind.
(according psychoanalytic theories)
NATIONAL CHARACTER
the personality of a country
Personality traits can sometimes be used to stereotype
people of a particular country as having a national
character.
these characterizations represent only very broad
generalizations about a particular country, obviously
individuals vary a great deal.
COMPETITIVENESS
these traits have been associated with the
desire to outdo others through conspicuous
consumption of materials items such as
electronic gadgets.
it also plays a role in consumers wanting to do
better than others in a direct way (through a
sport or gambling for instance).