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Chapter 05 EM15e
Chapter 05 EM15e
Final Consumers
and Their Buying
Behavior
Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.
At the end of this presentation, you
should be able to:
1. describe how economic needs influence the
buyer decision process.
2. understand how psychological variables affect an
individual’s buying behavior.
3. understand how social influences affect an
individual’s buying behavior.
4. describe how culture and ethnicity influence
consumer buying behavior
Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.
5-2
At the end of this presentation, you
should be able to:
5. explain how characteristics of the purchase
situation influence consumer behavior.
6. explain the process by which consumers make
buying decisions.
7. understand important new terms.
Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.
5-3
Consumer Behavior for Marketing Strategy
Planning (Exhibit 5-1)
Organizational
Final Consumers
Consumers
Chapter 5 Chapter 6
Final Consumers and Their Business and Organizational Customers and
Buying Behavior Their Buying Behavior
Economy of Efficiency in
Dependability Improvement
purchase or operation or Convenience
in use of earnings
use use
5-6 Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.
Income
Affects
Needs
5-7 Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.
Economic Needs Affect Many Buying
Decisions—But They’re Not the Whole Story
5-8 Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.
Psychological Influences within an
Individual
Needs
Wants
Drives
Social Needs
Safety Needs
Physiological Needs
5-10 Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.
A New Role for Yogurt
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5-11 Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.
Checking Your Knowledge
5-13 Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.
The Learning Process (Exhibit 5-5)
Drive
Cues
Reinforcement
Response
5-14 Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.
Attitudes Relate to Buying
Belief: An
Opinion “Green”
Attitude: A Attitudes and
Point of View Beliefs
Building Changing
Consumer
Key Issues
Negative
Trust Attitudes
Meeting
Ethical Issues
Expectations
May Arise
Is Important
5-15 Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.
Psychographics Focus on Activities,
Interests, and Opinions
Activities
Interests
Opinions
5-16 Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.
Lifestyle Dimensions (Exhibit 5-6)
Dimension Examples
Activities Work Vacation Surfing web
Hobbies Entertainment Shopping
Social events Club membership Sports
5-17 Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.
Social Influences Affect Consumer
Behavior
Family Life Cycle
Young Middle-aged
divorced (or
Middle-aged
divorced w/o
Usual flow
divorced w/
single) w/
children
dependent Recycled flow
children children
* Traditional
family flow
5-19 Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.
5-20
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Checking Your Knowledge
Type of Location of
Occupation Education
Housing Housing
Reference Groups
Opinion Leaders
5-23 Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.
Culture, Ethnicity, and Consumer
Behavior
Culture
Stereotypes
5-24 Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.
Consumer Behavior in International
Markets
5-25 Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.
Individuals Are Affected by the
Purchase Situation
Purchase Physical
Time Available
Reason Surroundings
5-26 Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.
Expanded Model of Consumer
Behavior (Exhibit 5-8)
Marketing mixes Other stimuli
Postpone Decision
Feedback based on experience
5-27 Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.
Problem Solving Continuum
(Exhibit 5-10)
Low involvement High involvement
Frequently purchased Infrequently purchased
Inexpensive Expensive
Little risk High risk
Little information needed Much information desired
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Limited or
Extensive
Problem Solving?
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Problem Solving
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After-Purchase Experience
After
Purchase
Experience
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Adoption Process Steps
Awareness
Interest
Evaluation
Dissonance
Trial
may set in
after the
Decision decision!
Confirmation
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Key Terms
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Key Terms
5-34 Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.