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Consumer and Business Buyer Behavior
Linking Buyer Behavior, Marketing Research and Marketing Strategies
Consumer Buying Behavior ,[object Object],[object Object],[object Object],[object Object]
Factors Influencing Consumer Behavior
Culture ,[object Object],Culture is learned from family, church, school, peers, colleagues. Culture includes basic values, perceptions, wants, and behaviors.
Culture ,[object Object],[object Object],[object Object]
Social Factors ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Personal Factors Age and Life-Cycle Stage Occupation Economic Situation
Personal Factors Activities Interests Lifestyle Opinions Pattern of Living as Expressed in Psychographics
Personality & Self-Concept ,[object Object],[object Object],[object Object]
VALS Lifestyle Classification
Application of Maslow’s Hierarchy of Needs to the Marketing of Cars
Perception ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],Perception
[object Object],[object Object],Perception
[object Object],[object Object],Perception
Learning ,[object Object],[object Object],[object Object],[object Object],[object Object]
Beliefs & Attitudes ,[object Object],[object Object]
Buying Decision Process ,[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],Buying Decision Process
[object Object],[object Object],[object Object],[object Object],Buying Decision Process
Sources of Information ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],Buying Decision Process
Buying Decision Process Consumers May Use Careful Calculations & Logical Thinking Consumers May Buy on Impulse and Rely on Intuition Consumers May Make Buying Decisions on Their Own Consumer May Make Decisions After Talking With Others Marketers Must Study Buyers to Find Out How They Evaluate Brand Alternatives
 
[object Object],[object Object],[object Object],[object Object],Buying Decision Process
Buying Decision Process Factors That Influence Purchase Decision Attitudes Of Others Unexpected Situational Factors
[object Object],[object Object],[object Object],Buying Decision Process
Buying Decision Process Consumer satisfaction is a function of consumer expectations and perceived product performance. Performance < Expectations  Disappointment Performance = Expectations  Satisfaction Performance > Expectations  Delight
Buying Decision Process ,[object Object]
Linking the Buying Decision Process and Psychological Influences
Comparison of Buying Process between Complex and Routine Purchases
Stages in the Adoption Process ,[object Object],[object Object],[object Object],[object Object],[object Object]
Product Adopter Categories ,[object Object],[object Object]
Product Adopter Categories Figure 5.12
Influence of Product Characteristics on Rate of Adoption ,[object Object],[object Object],[object Object],[object Object],[object Object]
Business Markets & Business Buyer Behavior ,[object Object],[object Object]
Business Markets ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Types of Decisions and the Decision Process Business buyers usually face more complex buying decisions. Business buying process tends to be more formalized. Buyers and sellers are much more dependent on each other.
A Model of Business Buyer Behavior
Major Types of Buying Situations ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Participants in the Business Buying Process ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Major Influences on Business Buyer Behavior
Stages in the Business Buying Process

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