Preview

Consumer Behavior

Powerful Essays
Open Document
Open Document
967 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Consumer Behavior
ABOUT CONSUMER BEHAVIOUR
Consumer behavior is an applied discipline. Its application exists at two different levels of analysis. One is at the micro level perspective and other at the macro level perspective. Micro level seeks application of the knowledge faced by the individual, firm or an organization. The macro perspective applied knowledge of consumer include the aggregate level of problem faced by large groups or by society as a whole. Buying behavior is an attempt to understand and predict human actions in the buying role. The issues that dealt within the discipline of consumers’ buying behavior are: What products and services do the consumers buy?
How do they buy?
Why do they buy?
From where do they buy?
When do they buy? Consumer behavior provides a sound basis for identifying and understanding consumer needs. It is the act of the individuals directly involved in obtaining and using economic goods and services. The study of consumer behavior is an essential component of marketing. The adoption of marketing concept by the marketers provides the impetus for the study of consumer behavior. In case of New Product Introduction in the market, there is a risk of product failure. To increase the chances of success of new products, better information of the consumer behaviour is required. Their desires, tastes and preferences are to be taken care of. So from all these aspects the study of consumer behavior is important.

About the Project Since in the car selection, a number of choices are available to the Indian consumers so a question arises as to why different people choose different brands and what are the features they look for while purchasing a car, in context to Maruti Suzuki. In order to make a dent into the query a study was undertaken in India among the car owners.
Objectives of the study are: 1) To determine the factors influencing the choice for a Maruti Suzuki cars. 2) To know about consumers’ expectations from Maruti Suzuki

You May Also Find These Documents Helpful

  • Best Essays

    Consumer behavior is defined in a variety of ways such as “the dynamic interaction of affect and cognition, behavior and environmental events by which human beings conduct the exchange aspects of their lives.” by the American Marketing Association. (2008). In a simpler form, consumer behavior can be explained as the actions of consumers and the different approaches a person may take to decide what to buy and the decision making process. The decision making process can be effected by many factors all related to a person or persons lifestyle. Determining that behavior can be confusing and marketers need to use research techniques to understand the consumer. Understanding the intent to buy, buying process and post purchase issues from a marketing perspective raises many questions and is an in-depth process. “The basic marketing concept hold’s that firms exist to satisfy consumers’ needs.” (2004, Solomon). Once that basic concept is understood, an organization can focus on key goals to achieve a competitive advantage. Marketing strategies are used to gain better understanding of the market, consumers, environment, supply and demand and competition. The behaviors of consumers such as personality, emotions, attitudes, learning style, and perception of the consumer helps companies design their marketing techniques. External influences are also need to be studied and factors such as culture and sub-culture, demographics, social status, and family structure helps understand the decision making process of the consumer’s behavior. For marketing strategy to succeed, the insight to the consumer’s decision-making process is a good starting point.…

    • 1547 Words
    • 7 Pages
    Best Essays
  • Good Essays

    Consumer Behavior

    • 647 Words
    • 3 Pages

    * Business Men - have been to high end dinners and are usually cautions about their looks and appearance…

    • 647 Words
    • 3 Pages
    Good Essays
  • Best Essays

    China Compare to Australia

    • 3390 Words
    • 14 Pages

    Consumer behaviour is the most essential aspect of marketing, which outlines what consumers’ need, and what influences their buying behaviour.…

    • 3390 Words
    • 14 Pages
    Best Essays
  • Powerful Essays

    Consumer Behaviour is the study of the processes involved when individuals or groups select, purchase, use or dispose of products, services, ideas or experiences’ Solomon, M.R (2002)p5…

    • 2071 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    Consumer behavior is the study of when, why, how, and where people do or do not buy a product. It blends elements from psychology, sociology, social anthropology and economics. It attempts to understand the buyer decision making process, both individually and in groups.…

    • 419 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    consumer behavior

    • 517 Words
    • 2 Pages

    1. A marketer of health food is attempting to segment its market on the basis of Australia consumers’ self image. Describe the four types of consumer self-image and discuss which one would be most effective?…

    • 517 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Consumer Behavior

    • 1698 Words
    • 7 Pages

    What is Consumer behavior? Does consumer behavior extend beyond a person purchasing a product, the answer to that question and many more lie in the following reading. Consumer behavior is the study of when, why, how, and where people do or do not buy a product. Consumer Behaviors involve researching what the product is, why would someone want or need to purchase the product along with a consumer attitude toward the product. Most importantly answering these questions allow marketers to better fulfill their job and are able to better market or advertise the product. The target audience for a drink like Gatorade is young adults.…

    • 1698 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    Consumer behavior is a relatively new scientific discipline applied, which arose at the junction of economics, management, marketing and psychology, gradually absorbed the huge number of methods, not only of these, but many other branches of knowledge. Over the last decade in the world came a large number of books devoted to this issue.…

    • 4819 Words
    • 20 Pages
    Powerful Essays
  • Powerful Essays

    We Arijit Das and Nadim Ahmed Khan hereby declare that this project titled “Consumer Buying Behaviour”is an original work carried out by ous , under the guidance of Sunitha Ratnakaram(Associate Professor).The report submitted by ous is a bonafide work carried by ous of our own efforts and it has not been submitted to any other University or published any time before.…

    • 5311 Words
    • 22 Pages
    Powerful Essays
  • Powerful Essays

    Consumer behaviour is the study of when, why, how, and where people do or do not buy a product. It blends from psychology , sociology , social anthropology and economics. It attempts to understand the buyer decision making process , both individually and in groups. It studies characteristics of individual consumers such as demographics and behavioural variables in an attempt to understand people 's wants. It also tries to assess influences on the consumer from groups such as family, friends, reference groups, and society in general. Customer behaviour study is based on…

    • 3658 Words
    • 15 Pages
    Powerful Essays
  • Good Essays

    Consumer Behavior is the key to planning and managing in today’s ever-changing marketing environment. Consumer behavior includes observable behaviors such as the amount purchased, and when, with whom, by whom and how purchases are consumed. It also includes non-observable variables, such as consumer’s values, personal needs and perceptions, what information consumers have in their memories, how they get and process information, how they evaluate alternatives, and how they feel about the ownership and use of various products. Consumer Behavior is one of the richest and most interesting fields of study. Consumer behavior is an unusually diverse discipline. Consumer Behavior tends to be person-, product- and situation specific. (Quester, Pascale, pg.6-7)…

    • 1140 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Consumer behaviour as it pertains to the marketplace is concerned with the manner in which consumers purchase and use products and services, and how these goods are incorporated into their lives. Researchers use various techniques to determine the features of consumers. These techniques include categorisation by the use of descriptive characteristics, such as demographics and psychographics.…

    • 1811 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Consumer Behavior

    • 558 Words
    • 3 Pages

    By studying consumers, businesses can gain a better understanding of the role of perception in consumer behaviour. Companies can greatly improve their marketing strategies when they have a firm grasp on the psychology of how consumers feel, think and reason their way to a buying decision. Knowing how consumers are influenced by their environment, their information-processing abilities and their perception of a product can help companies to more effectively reach consumers.…

    • 558 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Consumer Behavior

    • 4018 Words
    • 17 Pages

    Consumer Behavior Meaning :Consumer behavior is defined as “The dynamic interaction of affect and cognition behavior by which human beings conduct the exchange aspects of their lives .This means that the buying actions of consumers are greatly affected by their thought process and their feelings experienced .…

    • 4018 Words
    • 17 Pages
    Powerful Essays
  • Good Essays

    The overarching subjects to which we are introduced in texts one and two is, without doubt, the focus (or rather the criticism) on the many and more to come plastic/cosmetic surgeries on adolescent girls and boys. Subjects appearing in the texts are for example, Valerie Ulene’s view on the increased procedures of plastic surgery, while Dr. John Canedy raises the question; does plastic surgery have a positive mental outcome, or does it not have an outcome at all, besides the physical result (such as with a nose job, breast augmentation or liposuction). Camilla Sweeney says that people seek self-esteem through surgery.…

    • 1069 Words
    • 5 Pages
    Good Essays

Related Topics