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Analyzing

Consumer Markets




     Tonet Viray
      April 27, 2012
Outline:
 CHAPTER QUESTIONS
1.   HOW DO CONSUMER CHARACTERISTICS
     INFLUENCE BUYING BEHAVIOR?
2.   WHAT PSYCHOLOGICAL PROCESSES
     INFLUENCE CONSUMER RESPONSES TO THE
     MARKETING PROGRAM?
3.   HOW DO CONSUMER MAKE PURCHASING
     DECISIONS?
4.   HOW DO MARKETERS ANALYZE CONSUME
     DECISION MAKING
1. What influences
Consumer Behavior?

A) Cultural Facotrs

B) Social Factors




C) Personal Factors
A. Subcultures
A.1 NATIONALITIES



A.2 RELIGIONS



A.3 RACIAL GROUPS



A.4 GEOGRAPHIC REGIONS
B. Social Factors
B.1 Reference groups


B.2 Family




B.3 Social


B.4 STATUS
B.1 REFERENCE GROUPS

1 MEMBERSHIP GROUPS

2 PRIMARY GROUP

3 SECONDARY GROUPS

4 ASPIRATIONAL

5 DISSOCIATIVE
C. PERSONAL FACTORS

                    AGE

SELF CONCEPT                  LIFE CYCLE
                                STAGE

LIFESTYLE                    OCCUPATION

VALUE          PERSONALITY      WEALTH
BRAND PERSONALITY


1. SINCERITY

2. EXCITEMENT

3. COMPETENCE

4. SOPHISTICATION

5. RUGGEDNESS
MODEL OF CONSUMER BEHAVIOR

             CONSUMER          PURCHASE
            PSCYHOLOGY         DECISION




MARKETING
 STIMULI                   BUYING
AND OTHER                 DECISION
 STIMULI                  PROCESS
            CONSUMER
         CHARACTERISTICS
KEY PSYCHOLOGICAL
PROCESSES
 MOTIVATION   PERCEPTION




 LEARNING      MEMORY
MOTIVATION

FREUD’S THEORY




 SUBCONSCIOUS MOTIVATIONS
MOTIVATION

MASLOW’S HIERARCHY OF NEEDS
MOTIVATION

HERZBERG’S TWO FACTOR THEORY




MOTIVATOR          HYGIENE
            FACTORS
PERCEPTION

SELECTIVE ATTENTION

SELECTIVE RETENTION

SELECTIVE DISTORTION

SUBLIMINAL PERCEPTION
CONSUMER BUYING
   PROCESS
PROBLEM RECOGNITION

INFORMATION SEARCH

EVALUATION

PURCHASE DECISION

POSTPURCHASE BEHAVIOR
SUCCESSIVE SETS INVOLVED IN
CONSUMER DECISION MAKING
TOTAL SET

AWARENESS SET

CONSIDERATION SET

CHOICE SET

DECISION

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Analyzing consumer markets