Académique Documents
Professionnel Documents
Culture Documents
Introduction
Term IV 2016
Dr Omkumar Krishnan
IIM Kozhikode
Objectives
Dr Omkumar Krishnan
IIM Kozhikode
Evaluation Method
Item of Evaluation
Class Participation
Quizzes - 6 (Best of 5)
Group Project
End Term Exam
Group / Individual
Evaluation
Individual
Weight
Individual
15
Group
20
Individual
40
Dr Omkumar Krishnan
IIM Kozhikode
25
Consumer Behaviour
..is the study of how
individuals, groups, and
organizations select, buy,
use, and dispose of goods,
services, ideas, or experiences
to satisfy their
needs and wants.
Dr Omkumar Krishnan
IIM Kozhikode
1-5
Study of consumers
Borrows from psychology,
Sociology, market research, advertising..
Examples
Records what is permanent - Family, Success
Records changes in society - Fairness
Predicts Trends
- Savings
Dr Omkumar Krishnan
IIM Kozhikode
Dr Omkumar Krishnan
IIM Kozhikode
Broad Topics
Dr Omkumar Krishnan
IIM Kozhikode
Dr Omkumar Krishnan
IIM Kozhikode
Culture
The fundamental determinant of a persons wants and behaviors
acquired through socialization processes with family and other key
institutions.
Subcultures
Nationalities
Religions
Racial groups
Geographic regions
Dr Omkumar Krishnan
IIM Kozhikode
Dr Omkumar Krishnan
IIM Kozhikode
Social Factors
Family
Reference groups
Social Roles & Statuses
Dr Omkumar Krishnan
IIM Kozhikode
Family
Family of orientation
Parents and Siblings
Religion
Politics
Economics
Family of procreation
Spouse and Children
Everyday buying behavior
Dr Omkumar Krishnan
IIM Kozhikode
Reference Groups
Membership
Primary
Secondary
Aspirational
Dissociative
Dr Omkumar Krishnan
IIM Kozhikode
Personal Factors
Age
Life cycle stage
Occupation
Wealth
Dr Omkumar Krishnan
IIM Kozhikode
Personality
Values
Lifestyle
Self-concept
Motivation
Perception
Learning
Memory
Dr Omkumar Krishnan
IIM Kozhikode
Initiator
Influencer
Decider
Buyer
User
Disposer
Dr Omkumar Krishnan
IIM Kozhikode
Son
Friend
Mother
Father
Son and Daughter
Dr Omkumar Krishnan
IIM Kozhikode