1) introduction to consumer behaviour

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    CONSUMER BEHA!OR:A FRAME"OR#

    Cha$%er &: An !n%ro'uc%ion %o

    Consumer Behavior

    (u)lishe' )* (ren%ice+ !nc.

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    Conce$%s %o ,earn -eni%ion o/ CB

    Consumer $rimac*

    Environmen%alanal*sis

    (osi%ionin01'i2eren%ia%

    ion Se0men%a%ion

    3heor* an' CB

    Research

    $ers$ec%ives onconsumer )ehavior

    E4chan0e$rocesses

    Or0ani5in0 mo'elo/ consumer)ehavior

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    Consumer Behavior . . .

    . . . is 'ene' as %hes%u'* o/ %he )u*in0uni%s an' %he

    e4chan0e $rocessesinvolve' inac6uirin0+consumin0+ an'

    'is$osin0 o/ 0oo's+services+e4$eriences+ an'i'eas.

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    "h* S%u'* Consumer

    Behavior7

    Foun'a%ion o/ Marke%in0

    Mana0emen% (u)lic (olic* an' Consumer

    Behavior

    Al%ruis%ic Marke%in0 (ersonal alue

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    3hree Research(ers$ec%ives onConsumer Behavior 3he -ecision8Makin0 (ers$ec%ive

    3he E4$erien%ial (ers$ec%ive

    3he Behavioral !n9uence(ers$ec%ive

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    3he -ecision8Makin0

    (ers$ec%ive . . .. . . $ro$oses %ha%)u*in0 resul%s /rom

    consumers$erceivin0 %ha%%he* have a$ro)lem an' %hen

    %he* move %hrou0ha series o/ ra%ionals%e$s %o solve %he$ro)lem

    (ro)lem Reco0ni%ion

    Search

    Al%erna%iveEvalua%ion

    Choice(os%ac6uis%ionEvalua%ion

    Generic Decision

    Model

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    3he E4$erien%ial

    (ers$ec%ive.. . . $ro$oses %ha% insome ins%ances)u*in0 resul%s /rom

    %he consumers nee'/or /un+ %o crea%e/an%asies+ o)%ainemo%ions+ an'

    /eelin0s. Fre6uen%l* usesin%er$re%a%iveresearch me%ho's.

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    3he Behavioral!n9uence(ers$ec%ive . . .

    . . . assumes %ha% s%ron0environmen%al /orces $ro$elconsumers %o make $urchases

    wi%hou% necessaril* rs% 'evelo$in0s%ron0 /eelin0s or )elie/s a)ou% %he$ro'uc%.

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    E4chan0e (rocesses an'Consumer Behavior

    E4chan0e is %he

    $rocess %ha%involves %he;%rans/er o/some%hin0 %an0i)leor in%an0i)le+ ac%ualor s*m)olic+)e%ween %wo ormore social ac%ors.s o2er Each $ar%* mus% )elieve %ha% i% is

    a$$ro$ria%e or 'esira)le %o 'eal wi%h %heo%her

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    Elemen%s o/ E4chan0e

    Si4 3*$es o/ Resources AreE4chan0e':

    ?oo's

    Service

    Mone*

    !n/orma%ion

    S%a%us

    Feelin0s

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    -imensions o/ E4chan0e

    Rela%ions Four %*$es o/ consumer e4chan0e

    rela%ions have )een i'en%ie':

    Res%ric%e' versus Com$le4 E4chan0es

    !n%ernal versus E4%ernal E4chan0es

    Formal versus !n/ormal E4chan0es

    Rela%ional versus -iscre%e

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    Rela%ional e4chan0e

    Curren% ho% %o$ic in marke%in0 Charac%eris%ics

    lon0 %erm

    reci$rocal o)li0a%ions non8economic rewar's: marke% em)e''e'ness88

    social %ies )e%ween )u*er an' seller increase$erceive' value o/ e4chan0e.

    e4%ensive /ormal an' in/ormal communica%ions

    hi0h in%er'e$en'ence $lannin0

    Rela%ional e4chan0e $rac%ice' )e%weenmem)ers o/ marke%in0 channel.

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    Marke% Em)e''e'ness3he social %ies )e%ween )u*er an'

    seller increase %he $erceive' value

    o/ %he e4chan0e. E4am$les+ house $ar%ies o/:

    3u$$erware

    Mar* #a* Cosme%ics

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    E%hical !ssues inConsumer E4chan0e

    Rela%ions E%hics is %he s%u'*

    o/ %he norma%ive

    =u'0men%sconcerne' wi%hwha% is morall*ri0h% an' wron0+0oo' an' )a'.

    Free ri'in0:e4am$le o/ anune%hical ac%ion.

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    E%hical =u'0men%s 'eal wi%h serious human in=uries an' )ene%s

    ma*+ or ma* no%+ )e lai' 'own )* au%hori%* overri'e sel/ in%eres%

    are )ase' on im$ar%ial consi'era%ions E%hical 'ilemma: a 'ecision %ha% involves %he

    %ra'e8o2 )e%ween lowerin0 ones $ersonal values ine4chan0e /or increase' or0ani5a%ional or $ersonal$ro%s.

    E%hical e4chan0e )o%h $ar%ies know /ull na%ure o/ a0reemen% no%hin0 in%en%ionall* misre$resen%e' or omi%%e' no un'ue in9uence %akes $lace via $ower.

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    E%hical rules o/ %hum) ?ol'en rule: ac% in a wa* %ha% *ou

    woul' e4$ec% o%hers %o ac% %owar' *ou. $ro/essional e%hic: %ake ac%ions %ha%

    woul' )e viewe' as $ro$er )* anun)iase' $anel o/ collea0ues.

    3 %es%: "oul' ! /eel com/or%a)lee4$lainin0 m* ac%ions on na%ional%elevision7

    #an%s ca%e0orical im$era%ive: /ore0o

    ac%s+ %ha% i/ use' as a universal$rinci$le o/ )ehavior+ woul' resul% inne0a%ive socie%al ou%comes.

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    An Or0ani5in0 Mo'el o/Consumer Behavior

    3he mo'el has ve $rimar*

    com$onen%s:

    3he Bu*in0 Uni%

    3he E4chan0e (rocess

    3he Marke%ers S%ra%e0*

    3he !n'ivi'ual !n9uencers

    3he Environmen%

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    Bu*in0 uni% consumers+ rms+ 0overnmen%+ non8$ro%s+ e%c.

    !n'ivi'ual in9uencers in/orma%ion $rocessin0 )ehavioral learnin0 mo%iva%ion an' $ersonali%* )elie/s+ a%%i%u'es an' )ehaviors communica%ions 'ecision makin0

    Marke%er+ who 'evelo$s s%ra%e0*

    marke%in0 mi4 se0men%a%ion an' $osi%ionin0 em$lo*s marke%in0 research %o un'ers%an'

    consumers

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    Environmen%al Anal*sis:

    %he marke%er assesses %he im$ac% o/ each o/%he )elow /ace%s o/ %he environmen% on %herm.

    si%ua%ions 0rou$s an' /amilies cul%ure su)cul%ure cross cul%ural issues re0ula%or* environmen%

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    Mana0erial A$$lica%ions

    Anal*sis @(ERMS Five /ac%ors %o consi'er when usin0

    consumer )ehavior $rinci$les %o

    'evelo$ mana0erial s%ra%e0* are: $osi%ionin0 an' 'i2eren%ia%ion environmen%al anal*sis marke%in0 research marke%in0 mi4 se0men%a%ion