C H A PTE R CONSUMER BEHAVIOUR AND TARGET AUDIENCE DECISIONS 3 Chapter Objectives • To understand the consumer decision-making process and how it varies for different types of purchases. • To understand various internal psychological processes‚ their influence on consumer decision making‚ and implications for advertising and promotion. • To understand the similarities and differences of target market and target audience. • To understand the various options for making a target audience decision
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for something new. There are dozens of bras types to fit a female consumer¡¦s taste‚ need‚ style‚ size and particular occasion. Types such as push-up bras‚ full-coverage bras‚ maternity bras‚ sport bras‚ underwire and no underwire bras have made popular focuses on the upper torso of a woman‚ therefore‚ to most female consumers‚ an extravagant waste of cash is no doubt to be spent for this product. The number of consumers spending dollars for such miraculous wear is increasing rapidly. Based
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Do young people spend their money wisely? Today young people spend their money foolishly because of circumstances and pressure from friends and other young people. No matter how much money young people have‚ they often use that money on shopping. This is very normal today because living a young life is very expensive. For example‚ we need money to buy clothes and in high school or college young people often wear expensive clothes which have great style and name brands: Tommy Hilfiger‚ Nike‚ Reebok
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CONSUMER THEORY I Consumer theory – deals with how a consumer chooses the best bundle of goods he/she can afford. BUDGET CONSTRAINT To know which bundle of goods a consumer can afford‚ we have to look into the consumer’s budget constraint. We first assume that there are only two goods‚ say good x1 and x2. A consumer can choose from bundle A (3‚ 2) – 3 units of good 1 and 2 units of good 2; bundle B (6‚ 5) – 6 units of good 1 and 5 units of good‚ so forth. Given the price of good 1 (p1)‚
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Memory. How does this video change the way you view memory? Do you think it is possible for people to have memories that are not real or faulty? Discuss some factors do you think might contribute to the development of false memories‚ and explain how you think eyewitness testimony should be handled in the courtroom.” This video changed the way I views memory‚ because I realized how important your memory is‚ without a memory you don’t feel that you exists. You would live in the moment without ever being
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The Indian Consumer The middle class male consumer The middle class of India is for whom most of the advertising is targeted. Even in the lower middle class‚ consumer products like biscuits‚ talcum powder‚ hair oil‚ hair cream‚ toilet soaps‚ leather foot ware‚ casual foot ware‚ wrist watches‚ quartz watches etc. are purchased. To get a much better understanding of the middle class “male” head of the family‚ consider the following characteristics: Security Seeking: The middle class
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Introduction of buying decision process b. The buying decision process c. Evaluation of alternative d. Purchase decision e. Post purchase behavior 5. Theoretical frame work a. Consumer involvement theory 6. Consumer behavior models a. Introduction and Intergradations of three models b. Hierarchy needs of consumer behavior model c. Consumer behavior model d. Lens model 8. Nike’s Introduction (Nike’s Case Studies) a. Financial performance b. Employees c. Contract factories d. Nike branding 9. Methodology of
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of interview the number and type of questions are left entirely to the interview’s discretion. While this gives s an experienced interviewer a degree of freedom‚ the process becomes suspect & could be challenged. The structured interview: It’s characterized by planning and the use of skilled interviews. The interview is clear and usually the interviewers have a pre-prepared list of questions. Interviewers are free to add additional questions as and when they choose‚ however the overall framework
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Understanding the consumer attitudes and behavior is one of the key factors for an organization to successfully tap the business opportunities in the Philippines. This aspect is more crucial especially during crisis periods when there are number of changes in consumer attitudes and behaviors. The marketing managers and advertisers need to know and consider these changes while developing their promotional plans and media-mixes. In the short term‚ behavioral dimensions maybe even more important than
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CONSUMER BEHAVIOUR IN TOURISM The study of consumer behaviour focuses on how individuals make decisions to spend their available resources (time‚ money‚ effort) on consumption-related items. The field of consumer behavior covers a lot of ground. According to Solomon (1996)‚ consumer behavior is a study of the processes involved when individuals or groups select‚ purchase‚ use‚ or dispose of products‚ services‚ ideas‚ or experiences to satisfy needs and desires. The marketer needs to understand
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