Are consumers rational? Introduction Last couples of decades have witnessed the change of emphasis on study of consumers behaviour. Nowadays it is universally acknowledged that consumers behaviour has gradually transformed from rational buying to progressively impulsive purchase (Holbrook & Hirschman‚ 1982). Individuals’ perspectives towards commodities were no longer merely a concentration on utilitarian functions‚ instead‚ social and psychological utilities have become a significant yardstick
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2013:36-46 ISSN 2319 – 7285 CONSUMER BEHAVIOUR ON CONSUMER DURABLES WITH REFERENCE TO BIJAPUR DISTRICT MR. PARAMANAND DASAR*‚ DR. S.G. HUNDEKAR** & MR. MALLIKARJUN MARADI*** *Research Student‚ Research and PG Dept. of Commerce‚ Karnatak University‚ Dharwad‚ Karnataka. **Professor Research and PG Dept. of Commerce‚ Karnatak University‚ Dharwad‚ Karnataka. ***Teaching Assistant‚ PG Centre Rani Channamma University‚ Bijapur‚ Karnataka. Abstract Consumer is nerve centre of the modern marketing
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Strategy and Buying Decision Making The purchase of a refrigerator is a high involvement buying decision and it requires a lot of deliberation on the consumer’s part. There are a lot of challenges involved in such a purchase which include not getting complete information about the market‚ not being able to define the parameters on which that they should base their decision on and finding out ways to overcome the risks involved. It is an extensive problem solving procedure and a long term commitment
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Generally‚ there are many factors that can impact the buying decision of consumers/customers. Base on this topic‚ I would like to highlight and discuss some of the factors that I believe are mostly impacting consumer’s buying decision. These factors are the economic status of the consumer‚ consumer’s interest and influences‚ upbringing and culture‚ and the media’s marketing strategy. Culture can be defined as the beliefs and attitudes of human being. Every human being is influence by their parent
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CONSUMER AWARENESS ECONOMICS PROJECT 10/23/2010 NAVEED KARIMBAKSH XI-B TO Mrs. BIBY ECONOMICS TEACHER TO Mrs. BIBY ECONOMICS TEACHER CONTENTS S.NO | TOPIC | PAGE NO. | 1 | ACKNOWLEDGEMENT | 3 | 2 | LIST OF TABLE | 4 | 3 | LIST OF FIGURES | 5 | 4 | INTRODUCTION | 6-7 | 5 | BACKGROUND INFORMATION | 7-10 | 6 | SURVEY | 11-23 | 7 | CONCLUSION | 24 | 8 | Bibliography | 25 | ACKNOWLEDGEMENT First and foremost I thank the god for his blessings‚ showered on me in completing the project successfully
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There is nobody in the world who is left out of the class of consumers. The consumer-hood continues till one’s last breath in the world. The consumer purchases a variety of goods and services to satisfy his wants and he is always influenced in his purchasing activities by some considerations which lead him to select a particular commodity or a particular retail store in preference to others. So‚ consumer buying is more complex. Consumer purchases are likely to be influenced by physiological‚ psychological
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question here is that are the telecom players actually ready to face the music‚ have they actually understood the needs of the consumer‚ who with the passage of time has not only matured as a technology centric consumer but have also become prudent with the spending on telecom services. The main aim of the paper is to analyze the need and usage behavior of the consumers and to deduce conclusions regarding the questions as‚ what is the most preferred telecom company‚ what is the reason for the switching
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Consumer Ethics “If you can’t make it‚ just fake it‚” states Gernhauser (2007‚ p 318). Because of the constant change of styles and trends‚ our society is often affected by who buys what. Instead of buying fake goods to fit into today’s society‚ the focus of the consumer should be buying what looks good rather than focusing on where it came from. Consuming counterfeits does not only affect the US society‚ but other countries as well. Behind consuming counterfeits‚ there is a farther depth most
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Who is a Consumer ? Any individual who purchases goods and services from the market for his/her end-use is called a consumer. In simpler words a consumer is one who consumes goods and services available in the market. Example - Tom might purchase a tricycle for his son or Mike might buy a shirt for himself. In the above examples‚ both Tom and Mike are consumers. What is the difference between a consumer and a customer? Generally‚ a consumer refers to individuals who buy for themselves or their family
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3/11/2013 Consumer behaviour Lect. M.Černikovaitė © lekt. M.Černikovaitė 1 Consumer behaviour Definition of consumer bahaviour External and internal factors influencing conumer behaviour Decision making process R. Urbanskienė ir kt. Vartotojų elgsena. KTU. 2000. Schiffman‚ Leon G. Et al; Consumer Behavior. 2003. Consumer behaviour : applications i n marketing / Robert East‚ Malcolm Wright and Marc Vanhuele. -- Los Angeles (Calif.) : Sage Publications
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