Consumer Behaviour. Current trends in CB: 1. Health‚ wellness; 2. Ecological things: automobile industry‚ detergents 3. Price sensitivity ( a lot of Discount chains are gaining in market share) 4. Social responsibility (fair trade) 5. Convenience (internet banking‚ 24/7 stores or stores at the gasoline stations‚ apps for phones) 6. Social networking/communication 7. Information overload (95%) – we perceive and further process only a small portion of information – 1-5%
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Regression Analysis 5 Annexure 2a: Questionnaire for Exploratory Research 5 Annexure 2b: Final Questionnaire 5 Executive Summary The project focused on finding out the Online Buying Behaviour of consumers between the age group of 18-30 years. The stated objective of the study was further broken down to secondary objectives which aimed at finding information regarding the popular product categories‚ frequency of purchases‚ average spending‚ factors affecting buying decision process
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sense of prestige and elegance in their branding. Gucci claimed a unique positioning in innovation and craftsmanship‚ trendsetting and sophistication. Chanel brand positioning has been perceived as elegant‚ exclusivity‚ and timeless as known to consumer Chanel stands for vintage and classic. By finding the 3 luxury brands target audience; we used tools such as Market Segmentation such as demographic‚ psychographics. Through demographics we are able to group them in age‚ gender‚ income level
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BACKGROUND OF THE STUDY: Marketing Research Marketing Research has wider meaning and scope. It is the systematic gathering‚ recording and analyzing of data about problems connected with the market place‚ i.e. problems relating to product‚ price‚ place and promotion of the 4 P’s of the marketing mix. The American Marketing Association defines Marketing Research as follows:- Marketing Research is the function which links the customer‚ consumer and public to the
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This report will outline the most relevant behavioural characteristics of online consumers and examine the ways they find‚ compare and evaluate product information. Comparison of the newly collected survey data with the existing consumer behaviour theory resulted in detection of a number of issues related to a specific consumer group. The purpose of this report is to translate these findings into a set of implementation activities on strategic and technological level. Execution of these recommendations
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Page 4 1. Discuss and explain the key factors influencing consumer behaviour. Why must organisations understand consumer behaviour in order to optimise sales? "Marketing is the activity‚ set of institutions and processes for creating communicating‚ delivering‚ and exchanging offerings that have value for customers‚ clients‚ partners‚ and society at large" (AMA‚ 2007). "Consumer behaviour is the judgment of final consumers individuals and households who buy goods and services for personal
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Abstract My dissertation is on the topic CONSUMER PREFERENCE TOWARDS MCDONALD’S. It talks about the fast food sector to which McDonald’s belongs competitors‚ threats and the costumer satisfaction and preference towards MCDONALD’S outlet in DUBAI. McDonald’s is a part of McDonald’s Corporation US. As a part of our research work are trying to understand the costumers satisfaction level and preference which can fulfill all the costumer needs which will be further classified n further discussed
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1 CONSUMER BUYING BEHAVIOUR 3 1.1 Introduction 3 1.2 Types of Consumer Buying Behaviour 3 1.3 The Consumer Buying Decision Process 4 1.4 Personal factors influencing the buying decision process 5 1.5 Psychological factors influencing the buying decision process 6 1.6 Social factors influencing the buying decision process 7 1.7 Understanding consumer behaviour 8 2 ORGANISATIONAL MARKETS AND BUYING BEHAVIOUR 8 2.1 Introduction 8 2.2 Types of organisational markets 8 2.3 Dimensions of organisational
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European Journal of Marketing Emerald Article: Consumer Behaviour towards Fashion Martin Evans Article information: To cite this document: Martin Evans‚ (1989)‚"Consumer Behaviour towards Fashion"‚ European Journal of Marketing‚ Vol. 23 Iss: 7 pp. 7 - 16 Permanent link to this document: http://dx.doi.org/10.1108/EUM0000000000575 Downloaded on: 02-10-2012 Citations: This document has been cited by 23 other documents To copy this document: permissions@emeraldinsight.com This document has been
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“WHAT DRIVES CONSUMER BEHAVIOUR” by Erika Rence Rence describes in her article how the consumer behaviours have changed during the last years and how it is affected by world events‚ uncertainty‚ insecure futures and many others. She describes that the change in Consumer Behaviour requires the distinctive marketing for separate age-groups‚ exactly 5 groups. Birth-12 years old: This group of consumers cannot be put under the same marketing scheme. Four distinct under-groups are needed‚ as
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