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INTRODUCTION TO
CONSUMER BEHAVIOR
1
Definition
2
Implications of our Definition
3
Implications of Our Definition,
cont.
4
Implications of Our Definition,
cont.
• Consumer behavior
» may involve several people (decision making
units)
» is dynamic (changes over time)
5
Definition
6
Small Group Exercise
7
Influences on Consumer
Behavior
• Psychological core
• Culture: External Influences
• Process of Making Decisions
• CB Outcomes
8
Groups Interested in
Consumer Behavior Issues
• Marketing Managers
• Consumers
• Regulators and
public policy makers
• Ethicists
9
Why Study Consumer
Behavior?
• Marketing applications of
consumer behavior:
» Market segmentation
» Target market selection
» Positioning
» Product or service decisions
» Pricing decisions
» Distribution decisions
» Promotion decisions
10