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Unit 2 - Consumer Behavior
Unit 2 - Consumer Behavior
Unit 2 - Consumer Behavior
Behavior
Principles of Marketing
Prepared by: Lea B. Fortaliza
Objectives:
• Enumerated the factors that influence consumer
behavior
• Discussed the Maslow’s hierarchy of needs
• Cited the types of consumer buying behavior
and consumer purchase decision process
Consumer Behavior
Is often called the psychology of
marketing because it analyzes how
consumers select brands, products and
services based on how they think or feel
their environment influences them
Factors that Influence
Consumer Behavior:
1.Culture
2.Social aspects
3.Personal factors
4.Psychological factors
Factors that Influence Consumer Behavior
Culture
Social
Aspects
Personal
Factors
Include age, lifestyle,
occupation, civil status, religion,
economic status and personality
of the consumers
Factors that Influence Consumer Behavior
Psychological
factors
Motivation, Perception,
Learning, Beliefs and Attitudes
• Internal state that • Individual’s unique • Comes naturally • The mental
drives people to way of after availing of and evaluations and
identify and buy understanding using a particular feelings that
products or services different kinds of product/service consumers have
that fulfill conscious
and unconscious needs information towards products,
or desires brands or issues
Attitudes
Motivation Perception Learning
and Beliefs
Self-esteem
needs
Love and
Belongingness
Security and Safety Needs
Physiological Needs
Types of Consumer Buying Behavior
Multifaceted or
Complex Buying • High or low involvement
Behavior
Evaluation of
Recognition of Search for
Choices for
Needs information
Products/ Services
Post-purchase
Actual Purchase
Evaluation and
Decision
Behavior