Preview

is your coke ok

Good Essays
Open Document
Open Document
996 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
is your coke ok
Leaning about CB: Is Your Coke Ok

1. Marketing is a category of actions that include all of the efforts a company or individual makes to convince consumers and potential consumers of the value a product or service holds for them so that the consumer will purchase the product or service. It is all about product promotion. Marketing has a heavy research component to it, because marketers have to understand who their target market is and what their values, beliefs, and attitudes are. It is these components that marketers must address and convince in their marketing efforts. Consumer behavior is related to marketing in that it constitutes the study of the values, beliefs, and attitudes of an individual or groups that a company seeks to convince of a product’s value. This takes into account demographics and backgrounds to determine what a consumer is most likely to do in a purchase situation. Often, the study of consumer behavior views the consumers’ decision making processes within the framework of psychological, sociological, and economic disciplines. Each of these plays a role in the consumers’ choices, so they are considered in the consumer behavior research process.
Consumer behavior can be applied to my life experiences because my daily actions with regard to my purchases exemplify consumer behavior and the need for marketing. Every day I make decisions about what I want to purchase based on my attitudes and beliefs about a brand, my financial position, and the value a purchase will or will not bring to me. Thus, my daily actions can be considered consumer behavior.
2. Human behavior and consumer behavior are both categories describing individuals’ and groups’ actions and how larger forces like beliefs and values affect them. However, where human behavior examines humans’ decision making process and how it is influenced by values, morals, and attitudes derived from how a person is raised and by socialization into culture, consumer

You May Also Find These Documents Helpful

  • Powerful Essays

    Consumer behavior is the ways that consumers exhibit in searching for, purchasing, using, evaluating, and disposing of, products and services. The study of consumer behavior as a separate marketing discipline all started when marketers realized that consumers did not always react as marketing theory suggested they would (Ekström, 2003). Many consumers rebel at using the identical products that everyone else used, instead they prefer differentiated products that they feel reflect their own special needs, personality and lifestyles.…

    • 1915 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    P1 Intro to Marketing

    • 1121 Words
    • 5 Pages

    Marketing is the act of publicising products and offers to customers to get them to want to buy it; this could be via the television, a poster or radio. Marketing always has the customer at the centre of its activities and wants to build customer relationships in order to keep them coming back. Another definition of marketing is the actual action of selling an item or service to customers, like in a retail shop for example.…

    • 1121 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Unit 3 P1

    • 1803 Words
    • 8 Pages

    Marketing is the process of communicating the value of a product or service to customers for the purpose of sales. It is a critical business function for attracting customers. Marketing activities and strategies result in making products available that satisfy customers whilst making profit.…

    • 1803 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    ferris influence

    • 1215 Words
    • 5 Pages

    Consumer behavior is the study of how individuals, groups, and organizations select, buy, use, and dispose of goods, services, idea, or experiences to satisfy their needs and wants.…

    • 1215 Words
    • 5 Pages
    Satisfactory Essays
  • Good Essays

    * Consumer Behavior: study of processes involved when people or groups select, purchase, use, or dispose of products, services, ideas, or experiences to satisfy their needs and desires.…

    • 2954 Words
    • 12 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
  • Satisfactory Essays

    IKEA case study

    • 440 Words
    • 2 Pages

    The processes involved when individuals or groups take in obtaining, consuming, and disposing of products, services, ideas, or experiences to satisfy needs and desires can be said to be a consumer behavior. Also includes how consumers think, feel and the physical actions that results from the consumer’s decisions. There are three factors, which are cultural, personal, and…

    • 440 Words
    • 2 Pages
    Satisfactory 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
  • Best Essays

    To marketers, consumer behavior is a very important proposition,this is not only because that consumer behavior analysis is the foundation of the marketing strategy,but also because that the attention to consumer is the important contribution of marketing to commercial practice(Montiel,2003,pp229).More and more enterprises realize that only the enterprises which really understand consumers can develop better products and services.…

    • 2833 Words
    • 12 Pages
    Best 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
  • Satisfactory Essays

    Purchase Process Model

    • 435 Words
    • 2 Pages

    Consumer behaviour as individual, group, and organizational decisions as well as activities affected by intra and interpersonal variables that are involved in evaluating, acquiring, using and disposing of products, services, experiences, or ideas and the impact these processes have on consumer and society.…

    • 435 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    week 1

    • 1625 Words
    • 5 Pages

    Marketing comprises of all the activities and tasks undertaken to promote and sell the product to the end consumer. It encompasses a wide array of techniques that can be used to push the product/service to the consumer and get them to pay for the same. Marketing can also be done for non-selling objectives like brand awareness, recognition, brand image enhancement etc. In essence, marketing concept creates a value for the customer and communicates it effectively to drive the consumer to make a purchase. It is also almost detrimental in customer retention.…

    • 1625 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Exchange Relationship

    • 732 Words
    • 3 Pages

    Marketing is the act of promoting and planning the advertisement of a good or service. Marketing allows companies to make themselves known to the public. Although the ultimate goal of marketing is to target products to customers who are ready to buy, sometimes products or services require more marketing effort to draw interest from the customer. If required, then marketers need to be more creative with ideas until the company is able to change strategic direction or the market returns.…

    • 732 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Consumer behaviour examines the: Selection Processes and Psychological Processes, individuals go through when making purchases/reviewing their behaviour.…

    • 285 Words
    • 2 Pages
    Satisfactory Essays