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The job of marketer is to meet and satisfy target customers needs and wants
but “knowing customer" is not a simple task. Understanding the buying
behavior of the target market for its company products is the essential task
for the marketing dep’t. The job of the marketers is to “think customer” and
to guide the company into developing offers, which are meaningful and
attractive to target customers and creating solutions that deliver satisfaction
to the customers, profits to customer and benefits to the stakeholders.
Marketers must study the customer taste, preferences, wants, shopping and
buying behavior because such study provides the clues for developing the
new products, price, product changes, messages and other marketing mix
elements. In understand the concept of buying we have the some of the key
questions. They are: -
Along with that there are two more questions that are also related with
above. They are: -
These are some of questions that solutions help to predict the buying
behavior.
1. Consumer Behavior: - It includes that user who buys the product for the
direct consumption, not to use for further sale purpose. Like as home users.
2. Business Behavior: - It includes those users who buy the product for the
further sale purpose. Like as shopkeepers, dealers, and retailers.
BUYING ROLES IN BUYING BEHAVIOR
In the buying behavior there are different roles played in each of consumer
and business. Those are involved in the buying decisions.
3. New Task: -- when the buyer approves the purchasing of product for the
first time by consisting of the good and efficient salesperson.
So, that it’s the types of the buying behavior of consumer as well as business
buyer.
There are various factors that affect the buying behavior on both consumer
as well as business buying.
FACTOR AFFECTING CONSUMER BUYING BEHAVIOR
Cultural Factors
Culture Personal factors
Age Social Factors
References Group Psychological
Motivation
Occupation
Sub Culture
Life Styles
Family
Perception
BUYER
Personality
Social Class
Roles and Statues Learning
Environmental
Economic Organizational
Objective Inter – Personal
Authority Individual
Political Age
Policies
Status
Cost of Money Education BUSINESS
Procedures Empathy
Income
Competition BUYER
Structure
Technological
So, these are the factors that affect the consumer as well as business
buying behavior.
BUYING DECISION MAKING
1. Total Set: - In this they used to maintain the list of the all-leading brand
to those particular products, that are available in the market.
2. Awareness Set: - After that they used to make the list of those selected
brands with that they are something knows and aware about their products.
3. Consideration Set: - After that they used to make the list from the list of
known brands, about those they know something better than other brands.
5. Decision Set: - After the all of the process in last most preferred, most
acceptable during the buying decision process.
So that it’s a process, which defines that, how a buying decisions are
made among the number of brands available In the market.
So that it’s all about the general buying behavior of cons, and business
buying according to marketing concept, because to understand and
making study over buying behavior first its necessary to aware with
concept of buying behavior.
INTRODUCTION
Understanding the buying behavior of the target market for its company
products is the essential task for the marketing dep’t. The job of the
marketers is to “think customer and to guide the company into developing
offers, which are meaningful and attractive to target customers and creating
solutions that deliver satisfaction to the customers, profits to customer and
benefits to the stakeholders.
The computer processor company divides its buying behavior in both way
i.e. Consumer and Business. The both of term have same meaning as to
define in the chapter of buying behavior. The both consumer and business
are divided further as SMB —Small Medium Big - to identify the type of
client according to their sales and SMB have their own group of clients.
It includes all those person who are the direct user of the computers and their
processors or for their employees and family member use. They are not
indulging in the sale activity of the computer and other Products. i.e. home
users, companies for their employees.
It includes all those person who are not the direct user of the computers and
their processors or for their employees and family member use. They are
indulging in the sale activity of the computer and other Products. They can
also be authorized from companies i.e. Intel. i.e. hp, HCL, Assemblers.
CONSUMER BUYING
S–M–B
BUSINESS BUYING
S–M–B
PROBLEM FORMULATION
In this report we are making a study report for the buying behavior of
Processors in order to know the position of different sets Processors brands
of different companies in the market. So that we divide the problem in sub
parts to make the good and result oriented study report. Problem defined as:
-
SIGNIFICANCE OF PROBLEM
Every one knows the time of manual working and now we have different set
of machines for the different work, it makes our work very easy and fast. In
task. In that buying behavior for the computer processors has Its own
significance. For that we divide the problem as stated in above sect and each
Why, When, How, What, where and who is buying the Computer?
Why, When, How, What, where and who is buying processors and
which one?
Why, When, How, What, where and who is buying only INTEL
processors?
Why, When, How, What, where and who is buying other than INTEL
processors?
In the, context of the solving these questions, problem has significance in the