consumer behavior 01

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    The decision process and physicalactivity individuals engage in whenevaluating, acquiring, using ordisposing of goods and services.

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    Customers and Consumers

    STP

    Consumer behaviour roles

    Application of Consumer Behaviour

    knowledge

    Marketing Concept

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    DIVERSITY OF CONSUMER

    BEHAVIOR: ROLE OF

    CONSUMER BEHAVIOR IN

    MARKETING STRATEGY

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    Market Aggregation

    Market Segmentation (criteria for effective segmentation:-identifiable and measurable, accessible, substantial, responsive)

    Demographic Characteristics (population growth, changingage mix, shift in population, regional distribution, metro vs non-metropopulation, geodemographic clusters, education, style of

    expenditure, etc.)

    Limitations of demographics in predicting consumer behavior.

    Techniques of Lifestyle Segmentation(AIOs, product usage,media habits) Perceptual Mapping

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    Actualizer

    Principle

    Oriented

    Status

    Oriented

    Action

    Oriented

    Struggler

    Fulfilled

    Believers

    Achievers

    Strivers

    Experiencer

    Makers

    High resources

    High Motivation

    Low resources

    Low Motivation

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    Perception is defined as the process by whichan individual selects, organizes, and interpretsstimuli into meaningful and coherent picture.

    The basic concepts that underlie the perceptualprocess are:-

    1. Sensation

    2. The absolute threshold

    3. The differential threshold (JND and Webers Law)

    Subliminal Perception

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    Perceptual Selection:Perceptual Organization:Perceptual Interpretation: Physical Appearances Stereotypes First Impression Information Overload Halo Effect

    Selective Exposure Selective Attention Selective Distortion Selective Retention

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    Consumer Behavior---

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    Elements of Learning

    1. Drives/Motivation

    2. Cues

    3. Response

    4. Reinforcement

    Learning Theories

    1. Classical Conditioning Theory2. Instrumental Conditioning Theory

    3. Cognitive Learning Theory

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    MotivationTurns you on

    NeedFelt deprivation

    Motivation Process

    Unfulfilled

    needs, wants,

    desires

    Tension DRIVE

    Frustration

    DefenseMechanism

    --Aggression

    --Fixation

    --Compromise

    --Withdrawal

    GOALOvert

    Covert

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    Dimension of Involvement

    AntecedentsPersons, stimulus/object,

    situational categories

    Moderating FactorsOpportunity to

    process, Ability to process

    Involvement Propertiesintensity,

    direction, level of persistenceResponse Factorssearch, Information

    processing, decision/persuation

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    Attitude is learned predispositions to respond to anobject or class of objects in a consistentlyfavorable or unfavorable way.

    Characteristics of attitudes

    Attitudes have an objectAttitudes have direction, degree and intensityAttitudes have structureAttitudes are learned

    Sources of attitude Development

    Personal ExperienceGroup Associations Influential others

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    Personality is the inner psychological

    characteristics that both determine and

    reflect how a person responds to his or her

    environment.

    The nature of Personality

    Personality reflects individual differences

    Personality is consistent and enduringPersonality can change

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    1. Freudian Theory:- Id, Ego, Superego2. Neo-Freudian Theory :- CAD

    3. Trait Theory:- Consumer Innovativeness,Consumer Materialism, Dogmatism,Ethnocentrism

    4. Jungian Theory:- ST, SF, NT, NF