Preview

Lohas Consumer Behavior

Powerful Essays
Open Document
Open Document
2685 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Lohas Consumer Behavior
TABLE OF CONTENTS

1. Section A 1 1.1. What is LOHAS? 1 1.2. Describe two LOHAS products. 1
2. Section B 2 2.1. Consumer decision process 2 2.1.1. Need recognition 2 2.1.2. Information search 2 2.1.3. Evaluation of alternatives 2 2.1.4. Purchase 3 2.1.5. Consumption 4 2.1.6. Post-consumption evaluation 4 2.1.7. Divestment 4 2.2. External influences 4 2.2.1. Culture 4 2.2.2. Social class 5 2.2.3. Family 5 2.2.4. Reference groups. 5 2.2.5. Situational influences 5
3. Section C 6 3.1. Target market 6 3.2. Marketing communication media 7
4. Section D 7 4.1. Compare and contrast 7 4.2. Argument 8

1. Section A

1.1. What is LOHAS?

LOHAS, standing for Lifestyles of Health and Sustainability, is a demographic defining a particular market segment related to health and environmental consciousness, personal development, sustainable living and social responsibility. It is a recognized market segment in the USA, Western Europe and South East Asia. LOHAS was originally founded in 2000 with estimated of $209 billion US marketplace for goods and services such as organic food, natural personal care products, hybrid cars, green building, natural household products… The LOHAS movement focuses on educating and providing resources for businesses and individuals on the market of healthy and sustainability. The number of LOHAS consumers has increased steadily, meaning that more and more people are aware of their health and the environment.

1.2. Describe two LOHAS products.

The product that is representative of extensive problem solving (high involvement) product is Hybrid car. It is a kind of vehicle that uses both a traditional engine (combustion) and a rechargeable system (typically operated by a battery). There are many advantages of hybrid car such as cleanness, lower emissions, better mileage, environmental protection… Because of these advantages, many new brands of hybrid car have

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Consumer Behavior

    • 408 Words
    • 2 Pages

    How successful do you feel CNS has been in trying to put their product in each of the markets it has entered? How does this success relate to brand equity?…

    • 408 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    Consumer Behaviour

    • 3969 Words
    • 16 Pages

    There are three main aims of this report. It aims to provide a better understanding about the impact of internal and external factors on consumer behaviour. In so doing, Lacose, which produces apparel, was chosen for this. At first, it will examine the segmentation and identify target market for the company. The second purpose is to explain the role of internal and external factors affecting consumer purchasing decision on Lacoste. Due to space limit, only three factors will be considered: two internal factors of perception and motivation and one external factor of lifestyle. Another aim is to make the recommendations for establishing market strategies. Research for this report included a review of current marketing literature and some effective strategies for the future of Lacoste.…

    • 3969 Words
    • 16 Pages
    Best Essays
  • Good Essays

    Consumer Behaviour

    • 1304 Words
    • 6 Pages

    In this assignment I will be analysing the following; a case study presented on how holiday decision making varies from the traditional problem-solving model of consumer decision making.…

    • 1304 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Consumer Behaviour

    • 1686 Words
    • 7 Pages

    The process of consumer decision making has 3 stages: input stage, process stage and output stage.…

    • 1686 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Consumer Behaviour

    • 458 Words
    • 2 Pages

    "The aim of marketing is to know and understand the customer so well the product or service fits him and sells itself.“ – Peter Drucker.…

    • 458 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    For a product or service of your choice select a print or broadcast advertisement or campaign. Using appropriate theories and modules explain how your chosen marketing communication seeks to influence consumer behaviour.…

    • 5019 Words
    • 21 Pages
    Good Essays
  • Powerful Essays

    Consumer Behaviour

    • 5706 Words
    • 23 Pages

    This report was commissioned to investigate the consumer behaviour, characteristics of buyers and potential buyers of a leading men’s magazine, namely Playboy Magazine, which is distributed in 150 countries around the world.…

    • 5706 Words
    • 23 Pages
    Powerful Essays
  • Good Essays

    CONSUMER BEHAVIOR

    • 1645 Words
    • 8 Pages

    The Xbox One was invented by Microsoft, which was founded by Bill Gates and Paul Allen (who resigned from his position on the Microsoft Board of Directors in 2000). The three Xbox consoles (Xbox, Xbox 360, Xbox One) were made under Gates’ steps. Bill Gates is an American investor, computer programmer, inventor, and philanthropist. Gates is one of the best-known entrepreneurs of the personal computer revolution. He is consistently ranked in the Forbes list of the world's wealthiest people. During his career at Microsoft, Gates held the positions of CEO and chief software architect, and remains the largest individual shareholder, with 6.4 percent of the common stock. He has also authored and co-authored several books. Gates stepped down as chief executive officer of Microsoft in January 2000. He remained as chairman and created the position of chief software architect for himself. In June 2006, Gates announced that he would be transitioning from full-time work at Microsoft to part-time work, and full-time work at the Bill & Melinda Gates Foundation. He gradually transferred his duties to Ray Ozzie, chief software architect, and Craig Mundie, chief research and strategy officer.…

    • 1645 Words
    • 8 Pages
    Good Essays
  • Powerful Essays

    Having understood what a Market is and what is Marketing, we will now look what is an exchange and the exchange process.…

    • 1693 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    Consumer Behavior

    • 1443 Words
    • 6 Pages

    In order for me to observe consumer behaviors, I went to my local grocery store Wegmans. Wegmans is a popular chain grocery store in my area and where I do all my grocery shopping. In fact, they are the number one choice of most consumers in the Western New York area, not only because of their prices and variety but also due their local presence and contributions to the community.…

    • 1443 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    Consumer Behaviour

    • 357 Words
    • 2 Pages

    Q. 1: Discuss Sam’s statement that “only the customer can fire us all.” Do you know agree with this statement, and how do you relate customer behavior to this statement? 10 mark…

    • 357 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Consumer Behaviour

    • 13234 Words
    • 53 Pages

    In recent years, marketing scholars have built buyer behaviour models taking into consideration the views of the marketer. The Nicosia model developed by Francesco Nicosia is one such model. This model tries to explain buyer behaviour by establishing a link between the organization and its prospective consumer. The model suggests that the message from the organization first influences the predisposition of the consumer towards the product/service. Based on the situation, the consumer will have a certain attitude towards the product. This may result in a search for the product or an evaluation of the product attributes by the consumer. If the above step satisfies the consumer, it may result in a positive response, with a decision to buy the product lest the reverse is the outcome.…

    • 13234 Words
    • 53 Pages
    Good Essays
  • Powerful Essays

    consumer behaviour

    • 1636 Words
    • 7 Pages

    These different decision making models are approaches the problem of consumer decision making differently. The Engel-Kollat-Blackwell model is essentially a conscious problem solving and learning model of consumer behaviour. This model has a good description of active information seeking and evaluation processes of consumer. The information processed in this model is the stimulus. The consumer¡¦s decision processes act upon this stimulus in order to determine a response to it. These models attempt to explain each stage and show interrelated between the stages of consumer buyer behaviour from the stimulus, through the purchase to post purchase behaviour.…

    • 1636 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Now that you know the definition of LOHAS, let’s look at its main features in clothing, food, housing and transportation. First, in the area of clothing, LOHAS encourages people to wear natural fabrics. I’ll take Biological Cotton as an example. When planting Biological Cotton without chemical fertilizer, it reduces 70% of water consumption and 50% of cost compared to common cotton. According to the above statistics, Biological Cotton consumes much less cost and environmental resources than other fabrics. You may think although it’s healthy, it may be old-fashioned. But the fact is not like that. Many fashion brands take use of Biological Cotton, like H&M and Levi’s.…

    • 519 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Consumer Behavior

    • 1777 Words
    • 8 Pages

    Hershey's chocolate is a high quality of chocolate. They have been around for over 100 years and today are leading in the chocolate industry. There are many reasons why Hershey's successful today. The first and most important is the Hershey's name. Hershey is in a global economy that makes many different products besides chocolate. When a consumer goes to a store to purchase candy they are most likely to pick up a Hershey product. It is common for consumers to recognize and expect quality from Hershey products. Hershey’s company product name is readily recognized all over the world. With this quality of brand recognition, it can be expect that if the company delivers one quality product. Having such a strong quality associated with its products, Hershey has seen a great achievement with its product lines. Hershey’s company spends plentiful dollars when they decided to release a new product because they want to ensure that the product will not only taste fantastically, but it will also be readily accepted by existing consumers.…

    • 1777 Words
    • 8 Pages
    Powerful Essays