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Psychoanalytical Model. Sociological Model. Economic Model. 1. Learning Model of Consumer Behavior. The Learning Model of customer behavior theorizes that buyer behavior responds to the desire to satisfy basic needs required for survival, like food, and learned needs that arise from lived experiences, like fear or guilt.


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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.


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Motivation and emotions serve as the emerging forces within consumers that activate certain behaviors. Motivation is the persistent need that stirs up and stimulates long-term goals within a consumer. Emotions are temporary states that reflect current changes in motivation. They also often trigger changes in behavior.


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2. Business buyer behavior & buying process Business buyer behavior The buying behavior of organizations that buy goods and services for use in the production of other products and services that are sold, rented, or supplied to others. Business buying process The decision process by which business buyers determine which products and services.


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11. The business buying process Problem recognition The company recognizes a problem or need that can be met by acquiring a good or a service. Stage 01 Stage 02 Stage 03 Stage 04 Stage 05 Stage 06 Stage 07 Stage 08 General and description A buyer describes the general characteristics and quantity of a needed item.


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Reference groups influence members in at least three ways: • expose an individual to new behaviors and lifestyles • influence attitudes and self-concept • create pressures for conformity that may affect product and brand choices. •Groups having a direct influence are called Membership groups. •In Primary groups , people interact.


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Consumer Behaviour - Download as a PDF or view online for free. Submit Search. Upload. Consumer Behaviour. Report.. consumer-behavior-ppt by H9460730008.. MARKETING MANAGEMENT 12 th edition 6 Analyzing Consumer Markets Kotler Keller ; 2. 3.


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1. Model of Consumer Behavior 2. Characteristics Affecting Consumer Behavior 3. Types of Buying Decision Behavior 4. The Buyer Decision Process 5. The Buyer Decision Process for New Products 6. Consumer Behavior Across International Borders Reference: Philip Kotler, Gary Armstrong, Chin Tiong Tan, SiewMien Leong, Oliver yau Haun Ming 5-1


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model of consumer buyer behavior. 5.2 Name the four major factors that influence consumer buyer behavior. 5.3 List and define the major types of buying decision behavior and the stages in the buyer decision process. 5.4 Describe the adoption and diffusion process for new products. Copyright © 2021, 2018, 2016 Pearson Education, Inc.


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• Consumer behavior - 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 - Influenced by cultural, social, and personal factors Copyright © 2016, 2012, 2009 Pearson Education, Inc. All Rights Reserved fWhat Influences Consumer


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Consumer behavior can be defined as the study of psychological, physical and social actions when individuals buy, use and dispose of products, services, ideas, and practices. In other words, consumer behavior is the study of how consumers will make their buying decision and what those factors which support or influence these decisions.


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consumer buyer behavior. Know the four major factors that influence consumer buyer behavior. 6-1 f Objectives Understand the major types of buying decision behavior and the stages in the buyer decision process. Be able to describe the adoption and diffusion process for new products. 6-2 f Harley-Davidson c Harley "Hogs" Fiercely loyal


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It's also known as the stimulus-response model. As illustrated in the model shown in Figure 3.2, consumer buying behavior is based on stimuli coming from a variety of sources—from marketers in terms of the 4Ps (product, price, promotion, and place), as well as from environmental stimuli, such as economic factors, legal/political factors.


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The review of the decision making models undertaken here highlights the complexity of consumer choices and identifies the key processes that lead to behaviour. A wide range of variables have been posited across the models, and each has evidence to justify its inclusion in attempts to explain behaviour.