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Chapter 8: “Final Consumers” Joel R. Evans  &  Barry Berman Marketing, 10e: Marketing in the 21st Century
Chapter Objectives ,[object Object],[object Object],[object Object],[object Object],[object Object]
Consumer Analysis Is Crucial in the Diverse Global Marketplace ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
First Type of Consumers: Final Consumers ,[object Object],[object Object],[object Object]
Second Type of Consumers:  Organizational Consumers ,[object Object],[object Object],[object Object],[object Object],Ben & Jerry’s Ice Cream
Consumer Demographics ,[object Object],[object Object],[object Object]
Consumer Demographic Profile ,[object Object],[object Object],[object Object]
Factors Determining a Consumer’s    Demographic Profile Age Gender Location Housing Mobility Income Occupation Education Marital Status Ethnicity/Race Expenditures Consumer’s Demographic Profile
Population Size, Gender, and Age ,[object Object],[object Object],[object Object],[object Object]
Location, Housing, and Mobility ,[object Object],[object Object],[object Object],[object Object],[object Object]
Income and Expenditures ,[object Object],[object Object],[object Object],[object Object],[object Object]
Occupations and Education ,[object Object],[object Object],[object Object]
Marital Status Family : Two or more people living together,  related by blood, marriage, or adoption Household : One or more people living  together who may or may not be related The recent trend has been towards smaller families and households, with more people residing in nontraditional families or households.
Ethnicity/Race ,[object Object],[object Object],[object Object]
Limitations of Demographics ,[object Object],[object Object],[object Object],[object Object],[object Object]
Consumer Lifestyles A   lifestyle   represents how people spend time and money . A number of social and psychological characteristics help form a final consumer’s lifestyle. They are critical for marketing decision making .
Factors Determining a Consumer’s Social Profile Consumer’s Social Profile Social Performance Social Class Reference Groups Opinion Leaders Family Life Cycle Time Expenditures Culture
Social Characteristics ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Social Characteristics Are Shaped by:   ,[object Object],[object Object],[object Object]
Opinion Leaders Are Influential within Reference Groups ,[object Object],[object Object],[object Object]
Traditional Family Life Cycle Bachelor Married Full Nest: 1, 2, 3 Empty Nest: 1, 2 Sole Survivor: 1, 2
Factors Determining a Consumer’s   Psychological  Characteristics Consumer’s Psychological Profile Personality Attitudes or Opinions Class Consciousness Motivation Perceived Risk Innovativeness Importance of Purchase
Psychological Characteristics   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Types of Perceived Risk ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Selected Consumer Lifestyles ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Final Consumer’s Decision Process Stimulus Social and Psychological Factors Demographics Problem Awareness Information Search Evaluation of Alternatives Purchase Post-Purchase Behavior
Steps in Final Consumer’s Decision Process ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Types of Decision Processes ,[object Object],[object Object],[object Object],[object Object],[object Object]
The Three Steps in a Typical Routine Purchase Stimulus   Problem Awareness Purchase
Chapter Summary ,[object Object],[object Object],[object Object],[object Object],[object Object]

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Marketing Chapter 08

  • 1. Chapter 8: “Final Consumers” Joel R. Evans & Barry Berman Marketing, 10e: Marketing in the 21st Century
  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8. Factors Determining a Consumer’s Demographic Profile Age Gender Location Housing Mobility Income Occupation Education Marital Status Ethnicity/Race Expenditures Consumer’s Demographic Profile
  • 9.
  • 10.
  • 11.
  • 12.
  • 13. Marital Status Family : Two or more people living together, related by blood, marriage, or adoption Household : One or more people living together who may or may not be related The recent trend has been towards smaller families and households, with more people residing in nontraditional families or households.
  • 14.
  • 15.
  • 16. Consumer Lifestyles A lifestyle represents how people spend time and money . A number of social and psychological characteristics help form a final consumer’s lifestyle. They are critical for marketing decision making .
  • 17. Factors Determining a Consumer’s Social Profile Consumer’s Social Profile Social Performance Social Class Reference Groups Opinion Leaders Family Life Cycle Time Expenditures Culture
  • 18.
  • 19.
  • 20.
  • 21. Traditional Family Life Cycle Bachelor Married Full Nest: 1, 2, 3 Empty Nest: 1, 2 Sole Survivor: 1, 2
  • 22. Factors Determining a Consumer’s Psychological Characteristics Consumer’s Psychological Profile Personality Attitudes or Opinions Class Consciousness Motivation Perceived Risk Innovativeness Importance of Purchase
  • 23.
  • 24.
  • 25.
  • 26. Final Consumer’s Decision Process Stimulus Social and Psychological Factors Demographics Problem Awareness Information Search Evaluation of Alternatives Purchase Post-Purchase Behavior
  • 27.
  • 28.
  • 29. The Three Steps in a Typical Routine Purchase Stimulus Problem Awareness Purchase
  • 30.