SlideShare uma empresa Scribd logo
1 de 5
REVIEW OF LITERATURE
Consumer buying behaviour is a human behaviour with a procedure associating
numerous events which involves analyzing, feeling and behaving, as an individual
address the existing needs. As a field of study, consumer behaviour is the science of
studying a set of value-seeking activities in exchange of their existing resources such
as; time, money and effort of consumers which is motivated by addressing real needs.
The aim of marketing is to meet and satisfy target customers needs and wants. The
field of consumer behaviour studies how individuals and organizations select buy,
use, and dispose of goods, services, ideas or experiences to satisfy their needs and
desires. Understanding consumer behaviour and “knowing consumers “are never
simple. Customers may say one thing but do another. They may not be in touch with
their deeper motivations. They may respond to influences that change their mind at
the last minute.
Consumer Behaviour:
The starting point for understanding buyer is the stimulus response model. Marketing
and environmental stimuli enter the buyer’s consciousness. The buyer’s
characteristics and decision process lead to certain purchase decisions. The marketers
taste is to understand what happens in the buyer’s consciousness between the arrival
of outside stimuli and buyer’s purchase decision. A consumer’s buying behaviour is
influenced by cultural, social, personal, psychological factors. Cultural factors exert
the broadest and deepest influence
Existing Findings
CASE I: As stated by Solomon, consumer behaviour is the study of process when
individuals make selection, usage or disposal of products and services during
purchase in order to meet their needs and fulfil their desires (Solomon, Bamossy,
Askegaard, & Hogg, 2010).
CASE II: Consumer behaviour focuses on the behaviour of frequently changing
human needs and wants that an individual parade in searching for, purchasing,
utilizing, evaluating the products and services that they expect will fulfil their wants
and desires (Schiffman, Kanuk, & Hansen, 2012).
CASE III: Consumers make different types of decisions in everyday life. The
decision consumer makes while purchasing is the focal point that marketers try to
study. In this competitive business world, it has become important for every
organization to put great effort on researching consumer buying behaviour to
find out detailed information on what consumers purchase, where, when and why
they purchase, how and how much they purchase (Kotler & Armstrong, 2012).
CASE IV: Problem recognition appears when consumer sees a significant difference
between his/her current state of affair or actual state and some desired or ideal state
(Belch & Belch, 2003). A person’s actual state can decline if they are not satisfied
with the current state of affairs, or if they are out of stock, or if new needs or
wants are evolved (Solomon, Bamossy, Askegaard, & Hogg, 2010).
CASE V: In general consumer behaviour theory, a need can be triggered by either
internal stimuli such as hunger and thirst or external stimuli such as advertisement or
suggestion from friends (Kotler & Armstrong, 2012). Consumer will acquire
information after the problem has been recognized. The information can be obtained
from various sources like family, friends, acquaintances, websites, trader, mass
media, promotion and displays in shops, advertising, or using the product (Kotler &
Armstrong, 2012).
CASE VI: In stage of evaluation, consumers will upgrade their own evaluation
standard by comparing acquired alternatives from various information search. Criteria
of evaluation that consumer can use may be objective like price and subjective
attributes such as image and performance (Belch & Belch, 2003).
CASE VII: Purchase decision is an outcome of evaluation of alternatives. Blech and
Blech (2003) describe this stage as the end goal of a customer which starts with mind
makeup of the product that customer desires or wishes to purchase. Buyer solves
his/her problems and satisfy his/her needs and desires and evaluate various
alternatives and make product selection and ultimately make a purchase. This
ultimate stage is the stage of purchase decision.
CASE VIII: Kotler (2012) stated that “a marketer’s job does not end when the
product is bought”. Also, Blech and Blech (2003) mentioned post purchase evaluation
as an important stage for marketers where customers evaluate and analyses the
product after experiencing its performance if the purchase met their expectations,
exceeded expectations or left them disappointed.
CASE IX: According to the Debadutta (2012) connecting communities across
continents have shrunken the world into the small desktop. Tremendous flows of
information and revolution in communication technology have pivotal impact on the
world community and global business. The conglomerates around the globe plugged
into this information super highway in order to ensure their competitive edge in the
global commerce. In this direction mobile handsets contribution is revolutionary.
CASE X: Justin Beneke has done a study to examine the influence of perceived
product quality, relative price and risk, respectively, on perceived product value
and, ultimately, consumers’ willingness to buy Fast Moving Consumer Goods. The
particular context is that of store brand household cleaning products. Respondents
were recruited through an in-store survey and the data analyzed using PLS path
modelling. The results verify those proposed by Sweeney, Soutar & Johnson (1999).
Strong relationships between perceived relative price and perceived product value, as
well as between perceived product value and willingness-to-buy, were found to exist.
A powerful negative relationship was observed between perceived product quality and
perceived risk. The results indicate that establishing a value perception is critical in
the buying process. Tangible cues exhibiting high quality (e.g. packaging, shelf space,
media placement, etc) need profound attention. Furthermore, it is suggested that risk,
which plays an important part in the consumer decision process, is minimized through
optimal retail service quality and customer reassurances.
CASE XI: Bala, Kumar& Rao (2012) have done a study to analyze the existing
buying behaviour of Instant Food Products by individual households and to predict
the demand for Instant Food Products of Hyderabad city in Andra Padesh. All the
respondents were aware of pickles and Sambar masala but only 56.67 per cent of
respondents were aware of Dosa/Idli mix. About 96.11 per cent consumers of
Dosa/Idli mix and more than half of consumers of pickles and Sambar masala
prepared their own. Low cost of home preparation and differences in tastes were the
major reasons for non consumption, whereas ready availability and save time of
preparation were the reasons for consuming Instant Food Products.
Retail shops are the major source of information and source of purchase of Instant
Food Products. The average monthly expenditure on Instant Food Products was found
to be highest in higher income groups. The average per capita purchase and per capita
expenditure on Instant food Products had a positive relationship with income of
households. High price and poor taste were the reasons for not purchasing
particular brand whereas best quality, retailers influence and ready availability
were considered for preferring particular brand of products by the consumers.
CASE XII: Xihao & Yang’s study investigating the difference of reference group
influences on consumer behaviour in cell phone purchasing decisions between the cell
phone users in the U.S. and China. Specifically, three types of reference group
influence (informational influence, utilitarian influence, and value-expressive
influence) are examined in this study. The data for this study are collected from a
web-based questionnaire survey with over 200 participants in each country. The
preliminary results indicate that there are significant differences in the cell phone
consumer purchasing patterns in terms of those social reference group
influences, due to differences in some fundamental cultural and social traditions
between the U.S. and China. Based on the results of this study, managerial insights
and practical implications for marketing strategies in the cell phone market are
recommended accordingly.
Variables:
X1: usage or disposal of products and services during purchase
X2: behaviour of frequently changing human needs and wants
X3: put great effort on researching consumer buying behaviour to find out
detailed information on what consumers purchase
X4: A person’s actual state can decline if they are not satisfied with the current
state of affairs, or if they are out of stock, or if new needs or wants are evolved
X5: information can be obtained from various sources
X6: objective like price and subjective attributes such as image and performance
X7: satisfy his/her needs and desires and evaluate various alternatives and make
product selection and ultimately make a purchase
X8: customers evaluate and analyses the product after experiencing its
performance
X9: ensure their competitive edge in the global commerce
X10: study to examine the influence of perceived product quality, relative price
X11: High price and poor taste were the reasons for not purchasing particular
brand whereas best quality, retailers influence and ready availability were
considered for preferring particular brand of products by the consumers.
X12: consumer purchasing patterns in terms of those social reference group
influences

Mais conteúdo relacionado

Mais procurados

Consumer Decision Making Process
Consumer Decision Making ProcessConsumer Decision Making Process
Consumer Decision Making Processunnati shah
 
Organizational buying process
Organizational buying processOrganizational buying process
Organizational buying processSujan Oli
 
Consumer Decision Making
Consumer Decision Making Consumer Decision Making
Consumer Decision Making Katherine Chin
 
Individual determinants of consumer behaviour
Individual determinants of consumer behaviourIndividual determinants of consumer behaviour
Individual determinants of consumer behaviourMelissa Baker
 
The Consumer Research Process
The Consumer Research ProcessThe Consumer Research Process
The Consumer Research ProcessNishant Agrawal
 
BB Chapter Four : Information Search
BB Chapter Four : Information SearchBB Chapter Four : Information Search
BB Chapter Four : Information SearchBBAdvisor
 
Consumer Buying Behaviour In Digital Era
Consumer Buying Behaviour In Digital EraConsumer Buying Behaviour In Digital Era
Consumer Buying Behaviour In Digital Eramanisha khiwal
 
Consumer behavior models
Consumer behavior modelsConsumer behavior models
Consumer behavior modelsHarsh Arora
 
Models of consumer behavior
Models of consumer behaviorModels of consumer behavior
Models of consumer behaviorAnjali Das V.M
 
BB Chapter Seven : Post Purchase Processes, Customer Satisfaction and Loyalty
BB Chapter Seven : Post Purchase Processes, Customer Satisfaction and LoyaltyBB Chapter Seven : Post Purchase Processes, Customer Satisfaction and Loyalty
BB Chapter Seven : Post Purchase Processes, Customer Satisfaction and LoyaltyBBAdvisor
 
Buyer behaviour
Buyer behaviourBuyer behaviour
Buyer behaviourosmawati
 
Consumer Behaviour- Influence of culture
Consumer Behaviour- Influence of cultureConsumer Behaviour- Influence of culture
Consumer Behaviour- Influence of culturerainbowlink
 
Emerging trends in consumer behavior
Emerging trends in consumer behaviorEmerging trends in consumer behavior
Emerging trends in consumer behaviorviveksangwan007
 
Consumer perception towords online shopping report (Literature review )
Consumer perception towords online shopping report  (Literature review )Consumer perception towords online shopping report  (Literature review )
Consumer perception towords online shopping report (Literature review )Rahul Gulaganji
 
Consumer behavior and factors influencing consumer behavior
Consumer behavior and factors influencing consumer behaviorConsumer behavior and factors influencing consumer behavior
Consumer behavior and factors influencing consumer behaviorWish Mrt'xa
 
Consumer Resarch
Consumer ResarchConsumer Resarch
Consumer Resarchrifatbabu
 
What is the role of marketing communication?
What is the role of marketing communication?What is the role of marketing communication?
What is the role of marketing communication?Sameer Mathur
 

Mais procurados (20)

Consumer Decision Making Process
Consumer Decision Making ProcessConsumer Decision Making Process
Consumer Decision Making Process
 
Organizational buying process
Organizational buying processOrganizational buying process
Organizational buying process
 
Consumer Decision Making
Consumer Decision Making Consumer Decision Making
Consumer Decision Making
 
Individual determinants of consumer behaviour
Individual determinants of consumer behaviourIndividual determinants of consumer behaviour
Individual determinants of consumer behaviour
 
The Consumer Research Process
The Consumer Research ProcessThe Consumer Research Process
The Consumer Research Process
 
Information search & evaluation
Information search & evaluationInformation search & evaluation
Information search & evaluation
 
BB Chapter Four : Information Search
BB Chapter Four : Information SearchBB Chapter Four : Information Search
BB Chapter Four : Information Search
 
Consumer decision making process
Consumer decision making process Consumer decision making process
Consumer decision making process
 
Consumer Buying Behaviour In Digital Era
Consumer Buying Behaviour In Digital EraConsumer Buying Behaviour In Digital Era
Consumer Buying Behaviour In Digital Era
 
Consumer Choice
Consumer ChoiceConsumer Choice
Consumer Choice
 
Consumer behavior models
Consumer behavior modelsConsumer behavior models
Consumer behavior models
 
Models of consumer behavior
Models of consumer behaviorModels of consumer behavior
Models of consumer behavior
 
BB Chapter Seven : Post Purchase Processes, Customer Satisfaction and Loyalty
BB Chapter Seven : Post Purchase Processes, Customer Satisfaction and LoyaltyBB Chapter Seven : Post Purchase Processes, Customer Satisfaction and Loyalty
BB Chapter Seven : Post Purchase Processes, Customer Satisfaction and Loyalty
 
Buyer behaviour
Buyer behaviourBuyer behaviour
Buyer behaviour
 
Consumer Behaviour- Influence of culture
Consumer Behaviour- Influence of cultureConsumer Behaviour- Influence of culture
Consumer Behaviour- Influence of culture
 
Emerging trends in consumer behavior
Emerging trends in consumer behaviorEmerging trends in consumer behavior
Emerging trends in consumer behavior
 
Consumer perception towords online shopping report (Literature review )
Consumer perception towords online shopping report  (Literature review )Consumer perception towords online shopping report  (Literature review )
Consumer perception towords online shopping report (Literature review )
 
Consumer behavior and factors influencing consumer behavior
Consumer behavior and factors influencing consumer behaviorConsumer behavior and factors influencing consumer behavior
Consumer behavior and factors influencing consumer behavior
 
Consumer Resarch
Consumer ResarchConsumer Resarch
Consumer Resarch
 
What is the role of marketing communication?
What is the role of marketing communication?What is the role of marketing communication?
What is the role of marketing communication?
 

Semelhante a Review of literature

223517209 literature-review-for-consumer-perception
223517209 literature-review-for-consumer-perception223517209 literature-review-for-consumer-perception
223517209 literature-review-for-consumer-perceptionSLIMSHADYYY
 
5 consumer behaviour research paper hari masterpiece
5 consumer behaviour  research paper hari masterpiece 5 consumer behaviour  research paper hari masterpiece
5 consumer behaviour research paper hari masterpiece HariMasterpiece
 
5 consumer behaviour research paper publishedin international journal
5 consumer behaviour research paper publishedin international journal5 consumer behaviour research paper publishedin international journal
5 consumer behaviour research paper publishedin international journalmaaranhari
 
5 consumer behaviour ah authors
5 consumer behaviour  ah authors 5 consumer behaviour  ah authors
5 consumer behaviour ah authors HariharanAmutha1
 
5 consumer behaviour
5 consumer behaviour5 consumer behaviour
5 consumer behaviourhariharan n
 
(109) consumer buying behaviour analysis ah authors
(109) consumer buying behaviour analysis ah authors(109) consumer buying behaviour analysis ah authors
(109) consumer buying behaviour analysis ah authorsHariharanAmutha1
 
Consumer behavior all material Prepared by karventhan
Consumer behavior all material Prepared by karventhan Consumer behavior all material Prepared by karventhan
Consumer behavior all material Prepared by karventhan karventhanps
 
14 consumer behaviour and decision process
14 consumer behaviour and decision process14 consumer behaviour and decision process
14 consumer behaviour and decision processSajeeb Shrestha, PhD
 
23. oriah akir final
23. oriah akir final23. oriah akir final
23. oriah akir finalAkash Goswami
 
Determinants of consumer purchase decisions in zero rated hotels in eldoret
Determinants of consumer purchase decisions in zero rated hotels in eldoretDeterminants of consumer purchase decisions in zero rated hotels in eldoret
Determinants of consumer purchase decisions in zero rated hotels in eldoretJoseph Musyoki
 
Consumer preferences of small car in india
Consumer preferences of small car in indiaConsumer preferences of small car in india
Consumer preferences of small car in indiaGaurav Dawar
 
Fixated consumption behavior final
Fixated consumption behavior finalFixated consumption behavior final
Fixated consumption behavior finalharshitabaranwal
 

Semelhante a Review of literature (20)

Maggie.
Maggie.Maggie.
Maggie.
 
Magggieee
MagggieeeMagggieee
Magggieee
 
Magggieee
MagggieeeMagggieee
Magggieee
 
223517209 literature-review-for-consumer-perception
223517209 literature-review-for-consumer-perception223517209 literature-review-for-consumer-perception
223517209 literature-review-for-consumer-perception
 
5 consumer behaviour research paper hari masterpiece
5 consumer behaviour  research paper hari masterpiece 5 consumer behaviour  research paper hari masterpiece
5 consumer behaviour research paper hari masterpiece
 
5 consumer behaviour research paper publishedin international journal
5 consumer behaviour research paper publishedin international journal5 consumer behaviour research paper publishedin international journal
5 consumer behaviour research paper publishedin international journal
 
5 consumer behaviour ah authors
5 consumer behaviour  ah authors 5 consumer behaviour  ah authors
5 consumer behaviour ah authors
 
5 consumer behaviour
5 consumer behaviour5 consumer behaviour
5 consumer behaviour
 
Amit kush
Amit kushAmit kush
Amit kush
 
Sarah
SarahSarah
Sarah
 
Unit 1
Unit 1Unit 1
Unit 1
 
UNIT-1 CONSUMER BEHAVIOUR.ppt
UNIT-1 CONSUMER BEHAVIOUR.pptUNIT-1 CONSUMER BEHAVIOUR.ppt
UNIT-1 CONSUMER BEHAVIOUR.ppt
 
(109) consumer buying behaviour analysis ah authors
(109) consumer buying behaviour analysis ah authors(109) consumer buying behaviour analysis ah authors
(109) consumer buying behaviour analysis ah authors
 
Consumer behavior all material Prepared by karventhan
Consumer behavior all material Prepared by karventhan Consumer behavior all material Prepared by karventhan
Consumer behavior all material Prepared by karventhan
 
14 consumer behaviour and decision process
14 consumer behaviour and decision process14 consumer behaviour and decision process
14 consumer behaviour and decision process
 
23. oriah akir final
23. oriah akir final23. oriah akir final
23. oriah akir final
 
Determinants of consumer purchase decisions in zero rated hotels in eldoret
Determinants of consumer purchase decisions in zero rated hotels in eldoretDeterminants of consumer purchase decisions in zero rated hotels in eldoret
Determinants of consumer purchase decisions in zero rated hotels in eldoret
 
Consumer preferences of small car in india
Consumer preferences of small car in indiaConsumer preferences of small car in india
Consumer preferences of small car in india
 
Fixated consumption behavior final
Fixated consumption behavior finalFixated consumption behavior final
Fixated consumption behavior final
 
J1(1)4(1)
J1(1)4(1)J1(1)4(1)
J1(1)4(1)
 

Último

Grant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingGrant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingTechSoup
 
Crayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon ACrayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon AUnboundStockton
 
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxSOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxiammrhaywood
 
_Math 4-Q4 Week 5.pptx Steps in Collecting Data
_Math 4-Q4 Week 5.pptx Steps in Collecting Data_Math 4-Q4 Week 5.pptx Steps in Collecting Data
_Math 4-Q4 Week 5.pptx Steps in Collecting DataJhengPantaleon
 
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111Sapana Sha
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions  for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions  for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptxVS Mahajan Coaching Centre
 
Introduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher EducationIntroduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher Educationpboyjonauth
 
Arihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfArihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfchloefrazer622
 
CARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxCARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxGaneshChakor2
 
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdfssuser54595a
 
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...EduSkills OECD
 
microwave assisted reaction. General introduction
microwave assisted reaction. General introductionmicrowave assisted reaction. General introduction
microwave assisted reaction. General introductionMaksud Ahmed
 
Hybridoma Technology ( Production , Purification , and Application )
Hybridoma Technology  ( Production , Purification , and Application  ) Hybridoma Technology  ( Production , Purification , and Application  )
Hybridoma Technology ( Production , Purification , and Application ) Sakshi Ghasle
 
Presiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha electionsPresiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha electionsanshu789521
 
MENTAL STATUS EXAMINATION format.docx
MENTAL     STATUS EXAMINATION format.docxMENTAL     STATUS EXAMINATION format.docx
MENTAL STATUS EXAMINATION format.docxPoojaSen20
 
Alper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentAlper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentInMediaRes1
 
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...Krashi Coaching
 
URLs and Routing in the Odoo 17 Website App
URLs and Routing in the Odoo 17 Website AppURLs and Routing in the Odoo 17 Website App
URLs and Routing in the Odoo 17 Website AppCeline George
 

Último (20)

Grant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingGrant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy Consulting
 
Crayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon ACrayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon A
 
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxSOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
 
_Math 4-Q4 Week 5.pptx Steps in Collecting Data
_Math 4-Q4 Week 5.pptx Steps in Collecting Data_Math 4-Q4 Week 5.pptx Steps in Collecting Data
_Math 4-Q4 Week 5.pptx Steps in Collecting Data
 
Código Creativo y Arte de Software | Unidad 1
Código Creativo y Arte de Software | Unidad 1Código Creativo y Arte de Software | Unidad 1
Código Creativo y Arte de Software | Unidad 1
 
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions  for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions  for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
 
Introduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher EducationIntroduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher Education
 
Arihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfArihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdf
 
CARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxCARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptx
 
Model Call Girl in Bikash Puri Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Bikash Puri  Delhi reach out to us at 🔝9953056974🔝Model Call Girl in Bikash Puri  Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Bikash Puri Delhi reach out to us at 🔝9953056974🔝
 
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
 
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
 
microwave assisted reaction. General introduction
microwave assisted reaction. General introductionmicrowave assisted reaction. General introduction
microwave assisted reaction. General introduction
 
Hybridoma Technology ( Production , Purification , and Application )
Hybridoma Technology  ( Production , Purification , and Application  ) Hybridoma Technology  ( Production , Purification , and Application  )
Hybridoma Technology ( Production , Purification , and Application )
 
Presiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha electionsPresiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha elections
 
MENTAL STATUS EXAMINATION format.docx
MENTAL     STATUS EXAMINATION format.docxMENTAL     STATUS EXAMINATION format.docx
MENTAL STATUS EXAMINATION format.docx
 
Alper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentAlper Gobel In Media Res Media Component
Alper Gobel In Media Res Media Component
 
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
 
URLs and Routing in the Odoo 17 Website App
URLs and Routing in the Odoo 17 Website AppURLs and Routing in the Odoo 17 Website App
URLs and Routing in the Odoo 17 Website App
 

Review of literature

  • 1. REVIEW OF LITERATURE Consumer buying behaviour is a human behaviour with a procedure associating numerous events which involves analyzing, feeling and behaving, as an individual address the existing needs. As a field of study, consumer behaviour is the science of studying a set of value-seeking activities in exchange of their existing resources such as; time, money and effort of consumers which is motivated by addressing real needs. The aim of marketing is to meet and satisfy target customers needs and wants. The field of consumer behaviour studies how individuals and organizations select buy, use, and dispose of goods, services, ideas or experiences to satisfy their needs and desires. Understanding consumer behaviour and “knowing consumers “are never simple. Customers may say one thing but do another. They may not be in touch with their deeper motivations. They may respond to influences that change their mind at the last minute. Consumer Behaviour: The starting point for understanding buyer is the stimulus response model. Marketing and environmental stimuli enter the buyer’s consciousness. The buyer’s characteristics and decision process lead to certain purchase decisions. The marketers taste is to understand what happens in the buyer’s consciousness between the arrival of outside stimuli and buyer’s purchase decision. A consumer’s buying behaviour is influenced by cultural, social, personal, psychological factors. Cultural factors exert the broadest and deepest influence Existing Findings CASE I: As stated by Solomon, consumer behaviour is the study of process when individuals make selection, usage or disposal of products and services during purchase in order to meet their needs and fulfil their desires (Solomon, Bamossy, Askegaard, & Hogg, 2010). CASE II: Consumer behaviour focuses on the behaviour of frequently changing human needs and wants that an individual parade in searching for, purchasing, utilizing, evaluating the products and services that they expect will fulfil their wants and desires (Schiffman, Kanuk, & Hansen, 2012).
  • 2. CASE III: Consumers make different types of decisions in everyday life. The decision consumer makes while purchasing is the focal point that marketers try to study. In this competitive business world, it has become important for every organization to put great effort on researching consumer buying behaviour to find out detailed information on what consumers purchase, where, when and why they purchase, how and how much they purchase (Kotler & Armstrong, 2012). CASE IV: Problem recognition appears when consumer sees a significant difference between his/her current state of affair or actual state and some desired or ideal state (Belch & Belch, 2003). A person’s actual state can decline if they are not satisfied with the current state of affairs, or if they are out of stock, or if new needs or wants are evolved (Solomon, Bamossy, Askegaard, & Hogg, 2010). CASE V: In general consumer behaviour theory, a need can be triggered by either internal stimuli such as hunger and thirst or external stimuli such as advertisement or suggestion from friends (Kotler & Armstrong, 2012). Consumer will acquire information after the problem has been recognized. The information can be obtained from various sources like family, friends, acquaintances, websites, trader, mass media, promotion and displays in shops, advertising, or using the product (Kotler & Armstrong, 2012). CASE VI: In stage of evaluation, consumers will upgrade their own evaluation standard by comparing acquired alternatives from various information search. Criteria of evaluation that consumer can use may be objective like price and subjective attributes such as image and performance (Belch & Belch, 2003). CASE VII: Purchase decision is an outcome of evaluation of alternatives. Blech and Blech (2003) describe this stage as the end goal of a customer which starts with mind makeup of the product that customer desires or wishes to purchase. Buyer solves his/her problems and satisfy his/her needs and desires and evaluate various alternatives and make product selection and ultimately make a purchase. This ultimate stage is the stage of purchase decision.
  • 3. CASE VIII: Kotler (2012) stated that “a marketer’s job does not end when the product is bought”. Also, Blech and Blech (2003) mentioned post purchase evaluation as an important stage for marketers where customers evaluate and analyses the product after experiencing its performance if the purchase met their expectations, exceeded expectations or left them disappointed. CASE IX: According to the Debadutta (2012) connecting communities across continents have shrunken the world into the small desktop. Tremendous flows of information and revolution in communication technology have pivotal impact on the world community and global business. The conglomerates around the globe plugged into this information super highway in order to ensure their competitive edge in the global commerce. In this direction mobile handsets contribution is revolutionary. CASE X: Justin Beneke has done a study to examine the influence of perceived product quality, relative price and risk, respectively, on perceived product value and, ultimately, consumers’ willingness to buy Fast Moving Consumer Goods. The particular context is that of store brand household cleaning products. Respondents were recruited through an in-store survey and the data analyzed using PLS path modelling. The results verify those proposed by Sweeney, Soutar & Johnson (1999). Strong relationships between perceived relative price and perceived product value, as well as between perceived product value and willingness-to-buy, were found to exist. A powerful negative relationship was observed between perceived product quality and perceived risk. The results indicate that establishing a value perception is critical in the buying process. Tangible cues exhibiting high quality (e.g. packaging, shelf space, media placement, etc) need profound attention. Furthermore, it is suggested that risk, which plays an important part in the consumer decision process, is minimized through optimal retail service quality and customer reassurances.
  • 4. CASE XI: Bala, Kumar& Rao (2012) have done a study to analyze the existing buying behaviour of Instant Food Products by individual households and to predict the demand for Instant Food Products of Hyderabad city in Andra Padesh. All the respondents were aware of pickles and Sambar masala but only 56.67 per cent of respondents were aware of Dosa/Idli mix. About 96.11 per cent consumers of Dosa/Idli mix and more than half of consumers of pickles and Sambar masala prepared their own. Low cost of home preparation and differences in tastes were the major reasons for non consumption, whereas ready availability and save time of preparation were the reasons for consuming Instant Food Products. Retail shops are the major source of information and source of purchase of Instant Food Products. The average monthly expenditure on Instant Food Products was found to be highest in higher income groups. The average per capita purchase and per capita expenditure on Instant food Products had a positive relationship with income of households. High price and poor taste were the reasons for not purchasing particular brand whereas best quality, retailers influence and ready availability were considered for preferring particular brand of products by the consumers. CASE XII: Xihao & Yang’s study investigating the difference of reference group influences on consumer behaviour in cell phone purchasing decisions between the cell phone users in the U.S. and China. Specifically, three types of reference group influence (informational influence, utilitarian influence, and value-expressive influence) are examined in this study. The data for this study are collected from a web-based questionnaire survey with over 200 participants in each country. The preliminary results indicate that there are significant differences in the cell phone consumer purchasing patterns in terms of those social reference group influences, due to differences in some fundamental cultural and social traditions between the U.S. and China. Based on the results of this study, managerial insights and practical implications for marketing strategies in the cell phone market are recommended accordingly.
  • 5. Variables: X1: usage or disposal of products and services during purchase X2: behaviour of frequently changing human needs and wants X3: put great effort on researching consumer buying behaviour to find out detailed information on what consumers purchase X4: A person’s actual state can decline if they are not satisfied with the current state of affairs, or if they are out of stock, or if new needs or wants are evolved X5: information can be obtained from various sources X6: objective like price and subjective attributes such as image and performance X7: satisfy his/her needs and desires and evaluate various alternatives and make product selection and ultimately make a purchase X8: customers evaluate and analyses the product after experiencing its performance X9: ensure their competitive edge in the global commerce X10: study to examine the influence of perceived product quality, relative price X11: High price and poor taste were the reasons for not purchasing particular brand whereas best quality, retailers influence and ready availability were considered for preferring particular brand of products by the consumers. X12: consumer purchasing patterns in terms of those social reference group influences