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MARKETING MANAGEMENT

Chapter 4
BUYER BEHAVIOUR (CONSUMER BEHAVIOUR)

Chapter 4 Buyer Behaviour (Consumer Behaviour)

Definition

Consumer behaviour or buyer behaviour is defined as the behaviour that consumers display in searching for, purchasing, using, evaluating and disposing of products and services that they expect will satisfy their needs.

Himalaya Publishing House

Marketing Management Dr. K. Karunakaran

Chapter 4 Buyer Behaviour (Consumer Behaviour)

Buyer Behaviour Models


1. 2. 3. 4. 5. The Economic Model The Learning Model The Psycho-Analytical Model The Sociological Model The Howard-Sheth Model

Himalaya Publishing House

Marketing Management Dr. K. Karunakaran

Chapter 4 Buyer Behaviour (Consumer Behaviour)

Stimulus-Response Model

Himalaya Publishing House

Marketing Management Dr. K. Karunakaran

Chapter 4 Buyer Behaviour (Consumer Behaviour)

Buying Characteristics Influencing Consumer Behaviour


1. Cultural Culture Subculture Social class 2. Social Reference groups Family Roles and status 3. Personal Age and life cycle stage Occupation Economic situation Lifestyle Personality and self-concept 4. Psychological Motivation Perception Learning beliefs and attitudes

Himalaya Publishing House

Marketing Management Dr. K. Karunakaran

Chapter 4 Buyer Behaviour (Consumer Behaviour)

Motivation

Maslows Hierarchy of Needs

Himalaya Publishing House

Marketing Management Dr. K. Karunakaran

Chapter 4 Buyer Behaviour (Consumer Behaviour)

Types of Buyer Behaviour

Himalaya Publishing House

Marketing Management Dr. K. Karunakaran

Chapter 4 Buyer Behaviour (Consumer Behaviour)

Stages in the Buying Decision Process

Himalaya Publishing House

Marketing Management Dr. K. Karunakaran

Chapter 4 Buyer Behaviour (Consumer Behaviour)

Characteristics of Business Markets


1. 2. 3. 4. 5. 6. 7. Fewer buyers Larger buyers Geographically concentrated buyers Derived demand Inelastic demand Fluctuating demand Professional purchasing

Himalaya Publishing House

Marketing Management Dr. K. Karunakaran

Chapter 4 Buyer Behaviour (Consumer Behaviour)

Organizational Buying Process

Himalaya Publishing House

Marketing Management Dr. K. Karunakaran

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