Preview

Understanding Consumer Behavior Case Study

Powerful Essays
Open Document
Open Document
1512 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Understanding Consumer Behavior Case Study
Chapter 1
Understanding Consumer Behavior
Ques1. ‘Marketing without consumer understanding is sales’. Do you agree? Why?
Ans1. Yes, Marketing without consumer understanding is just like sales, because understanding the consumers is the main key to provide them good services. To provide good consumer care, we must deliver what we promise. But great consumer care involves getting to know your consumers so well that we can anticipate their needs and exceed their expectations.
Marketing and sales go hand-in-hand, especially for business-to-business companies. For the business funnel to work smoothly, communication between the two departments is essential. Marketing team has a job to do, which is to generate leads for company. They do this through
…show more content…
Enough Guidance: It might not be the concern of the color paints company to give free interior decorating ideas. But, Asian Paints has been giving advice and textual guidance regarding the interior designing and decoration. It associates the ideas of colors, color wheels and combinations for better room decoration. Asian Paints educates about colors making customers realize that playing with colors is fun and interactive. Introducing ‘Color Chef’ idea, this company gives freedom for customers to experiment before implementation. It provides wide ranges of color shades and textures so that one can decide what color to use. More than that, wise Asian Paints has paint budget guidance too. It has made Paint Budget Calculator available on its …show more content…
It encompasses all sorts of things—how we eat, play, dress, work, think, interact, and communicate. Everything we do, in essence, has been shaped by the cultures in which we are raised. Similarly, a person in another country is also shaped by his or her cultural influences. These cultural influences impact how we think and communicate. Most of the professionals think that in today’s shrinking world, cultural differences are no longer significant. It’s a common mistake to assume that people think alike just because they dress alike, it’s also a mistake to assume that people think alike just because they are similar in their word choices. The significance of the culture in understanding human behavior of which consumer behavior is a part, is that, it expands our understanding about consumer needs and wants. Thus understanding of culture enables the marketers to interpret the reaction of consumers to alternative marketing strategies. But as we know that in today’s shrinking world, cultural differences are no longer significant and in the sociology of consumption, we gained knowledge of how social factors such as social and reference groups, community, family, social class, and culture impact consumer behavior. The knowledge of consumer behavior is definitely useful in marketing in this era of

You May Also Find These Documents Helpful

  • Good Essays

    1. 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?…

    • 595 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Many people would say that marketing and sales are exactly the same thing. However there are differences and understanding these differences is what makes people see that one is needed for the other to work. There are questions that should be asked such as what marketing strategies work best for the sales team and will help the company more, and how to explain to sales associates exactly what marketing is. For an employer, explaining what sales is to the marketing team and what marketing is to the sales team is imperative to the daily operations of the company. Most people know what sales is, considering it is the act of selling a service or good to a customer. What most do not fully understand is what marketing really is. While there are a lot of technical definitions of the term ‘marketing’, there are also a lot of interpretations of the definitions and all companies use marketing to a different degree and in different aspects.…

    • 712 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    ferris influence

    • 1215 Words
    • 5 Pages

    Culture, subculture, and social class are particularly important influences on consumer buying behavior. Culture is the fundamental determinant of person’s wants and behavior. The growing child acquires a set of value, perceptions, preferences, and behaviors through his or her family and other key institutions. For eg, A child growing in…

    • 1215 Words
    • 5 Pages
    Satisfactory Essays
  • Better Essays

    Target Corporation is a retail store based out of America, its headquarters are in Minneapolis, Minnesota. Target’s goal began with creating an upscale alternative to Wal Mart, while remaining a discount store. They have since become the fourth largest retailer and second largest discount retailer in the United States, Wal Mart being the first. Target’s first retail store was opened in 1962, in Minnesota. The company has continually grown to its present day size, operating 1,916 stores in the US. In 2013 Target began operating in Canada, and has since opened 127 stores throughout. Target offers clean, spacious and guest-friendly stores. Their motto is “Expect More, Pay…

    • 1781 Words
    • 8 Pages
    Better Essays
  • Good Essays

    Nayeem, T. (2012). Cultural influences on consumer behavior. International Journal of Business and Management, 7(21), 78-91. Retrieved from http://search.proquest.com/docview/1353608736?accountid=458…

    • 2171 Words
    • 9 Pages
    Good Essays
  • Better Essays

    Consumer Behviour and Culture

    • 11237 Words
    • 45 Pages

    Because our objective is to understand the influence of culture on consumer behavior, we define culture as “the sum total of learned beliefs, values, and customs that serve to direct the consumer behavior of members of a particular society”…

    • 11237 Words
    • 45 Pages
    Better Essays
  • Powerful Essays

    Successful Marketers define their market in terms of needs they presume to satisfy ,not in terms of product they sell.…

    • 3870 Words
    • 16 Pages
    Powerful Essays
  • Better Essays

    Luna,D & Gupta, S.F. (2001). An integrative framework for cross-cultural consumer behavior. International Marketing Review, 18(1), 45-69. Retrieved May 3, 2010, from ABI/INFORM Global. (Document ID: 115719118).…

    • 1187 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Book Report-Nudge

    • 664 Words
    • 3 Pages

    As a marketer, I have been conducting lots of marketing project in my working area. But, as I conducted those projects, I felt that knowing customer is very difficult. It is because sometimes customer was very rational, but in other times customer was extremely irrational. So, frankly speaking, at that time when I thought of that question, I gave up understanding customer.…

    • 664 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    few chosen names were then selected for the Kraft board to choose from, and “isnack…

    • 2164 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    As a marketer, being culturally sensitive and tolerant of others is key. Culture is dynamic. Both planned and unplanned cultural change takes place through time. One culture may learn from another’s to solve societal problems, known as cultural borrowing. On the other hand, some cultures may have a strong resistance to change, which often results in conflict.…

    • 292 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    In order to enhance consumer motivation, firstly, Umpqua is supposed to get to know its consumer behavior by making itself personally relevant to customers. Secondly, the company should be creative to be outstanding among of its competitors. In details, beside of making different transactions in Umpqua Bank, the customers nowadays can enjoy their time in Umpqua according to a friendly environment which serve drinks for customers and listen to such a great playlist in Umpqua. Moreover, while waiting to be their turn, customers can surf web via internet connection in Umpqua or watch television. More or less, Umpqua Bank seems like a community hub where people can feel like home.…

    • 365 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    We are brought up to follow the beliefs, values, and customs of our society and to avoid behavior that is judged “unacceptable” or considered to be taboo. In addition to segmenting in terms of cultural factors, marketers also segment overall societies into smaller subgroups or subcultures that consist of people who are similar in terms of their ethnic origin, their customs, and the ways they behave. These subcultures provide important marketing opportunities for astute marketing strategists.…

    • 1415 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Marketing staff through reducing the potential advertising fatigue ways of applying different marketing means of packaging the same theme product advertisements so as to enhance the interest in a product. For example, HSBC will be positioning as" the world’s local bank". Using this theme to propagate, due to personal subjective point of view is different, as a result of the different values, so the significance of the product is different, but still reflect the same theme.…

    • 1258 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    As already described on the above paragraphs, cultural environment shape the way people do things which in turn has an effect on the marketing activities. Let’s take clothing as…

    • 660 Words
    • 3 Pages
    Good Essays

Related Topics