consumer behaviour.pptx

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1 Consumer Buying Behaviour Consumer Buying Behaviour

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1Consumer Buying Behaviour

Consumer Buying

Behaviour

2Consumer Buying Behaviour

• Abhishek Bhagat• Ankita Saha• Anusha Kejriwal• Joydeep Mukherjee• Kaushal Beriwal• Parijat Pallab Pradhan• Pratyusha Pradhan• Ringcon Saha• Subrata Deogharia

Group Members

3Consumer Buying Behaviour

Introduction

• Consumer Buying Behaviour refers to the behaviour of consumers in deciding to buy or not to buy or use or not to use or dispose of or not to dispose of the products which satisfy their needs.

• Consumer Buying Behaviour is what influences consumers to purchase a particular product.

• It focuses upon the need of individual, group or an organization.

4Consumer Buying Behaviour

Product

Wrist Watch

5Consumer Buying Behaviour

Education Level• Primary • Secondary  • High School  • College• Post Graduate

Prim

ary

Seco

ndar

y

Hig

h Sc

hool

Colle

ge

Post

Gra

duat

e02468

Education Level

Education Level

6Consumer Buying Behaviour

Income• 100000 – 200000• 200000 – 300000• 300000 – 400000• 400000 +

1LK - 2LK

2LK - 3LK

3LK - 4LK

4 LK +012345678

Income

Income

7Consumer Buying Behaviour

Occupation• Professional Person• Service Man • Student• Business Man• Others

PP SM Student BM Others012345678

Occupation

Occupation

8Consumer Buying Behaviour

What’s your main objective for buying a wrist watch?• Just want a portable way to see the time• As Fashion Accessory• To Gift• Others

Option 1

Option 2

Option 3

Option 4

0

2

4

6

8

10

Objective of Buying

Objective of Buying

9Consumer Buying Behaviour

Which of the medium you would to research for wrist watch? You can tick all that apply.• Television• Internet • Newspaper• Word of Mouth• Others

Opt

ion

1

Opt

ion

2

Opt

ion

3

Opt

ion

4

Opt

ion

502468

101214

Medium

Medium

10Consumer Buying Behaviour

Brand• Very Important• Somewhat Important• Neither agree nor disagree• Somewhat unimportant• Very unimportant

Option 1 Option 2 Option 3 Option 4 Option 502468

10121416

Brand

Brand

11Consumer Buying Behaviour

How do you take your buying decision?• Aggressive• Confident• Creative• Daring• Exciting

Opt

ion

1

Opt

ion

2

Opt

ion

3

Opt

ion

4

Opt

ion

50

1

2

3

4

5

6

7

8

Buying Decision

Buying Decision

12Consumer Buying Behaviour

Preference• Price• Design• Features• Other

Option 1

Option 2

Option 3

Option 4

0

2

4

6

8

10

12

14

Preferance

Preferance

13Consumer Buying Behaviour

Where you would like to buy the wrist watch from?• Brand Retail Outlet• Online• Locality Shops

Option 1 Option 2 Option 30

2

4

6

8

10

12

14

Buying

Buying

14Consumer Buying Behaviour

Do you prefer after Sales Service?• Yes• No

Sales

YesNo

15Consumer Buying Behaviour

Problem Recognition

Information Seeking

Evaluation of Alternatives

Buying Decision

Post Purchase Evaluation

CONSUMER BUYING DECISION PROCESS

16Consumer Buying Behaviour

Problem Recognition

• Dissatisfaction with a current product or service.

• Outdated

• Lifestyle

17Consumer Buying Behaviour

Information Seeking

• Personal Sources: Friends, Neighbors.

• Commercial Sources: Advertising Example: 20% off on exchange.

18Consumer Buying Behaviour

Evaluation of Alternatives

• Durability Example :- Japanese Citizen, Casio, Timax.

• Features Example :- Swiss-Rolex, Omega.

• Price Example :- Chinese Watches, Unorganized Sector.

19Consumer Buying Behaviour

Buying DecisionPersonal Factors• Age• Occupation• Economic Situation• Personality

Psychological Factors• Perception• Beliefs & Attitude

Availability & Accessibility

20Consumer Buying Behaviour

Other Features• Brand Name• Price• Appearance• Warranty• Technical Specification• After Sale Service

21Consumer Buying Behaviour

Post Purchase Evaluation

• After Sales Services

• Loyalty Cardo Exclusive Offers on Watches at The World of Titan , Titan

Watch Care Centres as well as on other premium brands.

o Being the first to know about new product launches & Invites to previews.

o Free Gift Delivery Service through The World of Titan.

o Priority Service at the Titan Watch Care Centres.

22Consumer Buying Behaviour

Thank You