sample consumer behavior model#2
DESCRIPTION
Friends, this will be the last topic prior to mid-term exam.....TRANSCRIPT
Consumer BehaviorConsumer Behaviour is defined as the act of
individuals directly involved in obtaining and using consumer goods and
services, including the decision process that precedes and
determine these acts
Er.Sartaj Singh Bajwa
Factors Affecting Consumer BehaviorCulture ( subcultures within culture )Direct reference groups(family, occupation, religion )Indirect reference group ( individual`s life cycle stages )Viral influencers ( opinion leaders )
Er.Sartaj Singh Bajwa
Consumer Behavior Model
Er.Sartaj Singh Bajwa
Consumer Purchase BehaviorAwareness ( Need Recognition )
Mass Media Search
Catalogs , Sales People , Mass Media , Store Visits , Search engines , site visits
Evaluation of Alternatives Reference Groups , Mass Media , Product Reviews
Purchase Promotions , online promotions , discounts
Post Purchase Behavior online updates , customer emails
Er.Sartaj Singh Bajwa
Nicosia Model Of Consumer Buying BehaviorNicosia`s Model is divided into four attributes as
follows :
- Message Exposure
- Search & Evaluation
- Act Of Purchase
- Feedback
F:\Imp Doc\E-Commerce\Personal\Nicosia Model Of Consumer Behavior.doc
Er.Sartaj Singh Bajwa
Seven Type Of Online SessionsQuickies ( i.e finding sports , reading emails )Just the facts ( finding and evaluating
information from related sites )Single Mission (going to unfamiliar sites in same
category )Do it again ( going to favorites sites eg banking ,
chat rooms , facebook )Loitering ( leisurely visiting favorite sites , news ,
gaming )Information Please ( researching all aspects of a
topic from many sites )Surfing ( exploring attention grabbing sites such
as news and shopping )Er.Sartaj Singh Bajwa
Disintermediation• The removal of organizations or business
process layers responsible for certain intermediary steps in a given supply chain
• Reinter mediationThe process whereby intermediaries (either new ones or those that had been disinter mediated) take on new intermediary roles
eg . eBay.com Online auction services offer a form of reintermediation through their Web sites to get buyers and sellers connected.
Er.Sartaj Singh Bajwa
Er.Sartaj Singh Bajwa
Benefits of Intermediation 1. Since intermediary company represent a large
number of members in that specific market segment, i.e., both the buyers and the sellers, it reduces the need for buyers and sellers to contact a large number of potential partners on their own.
2. The information available from the intermediary's database allows a buyer to screen out obvious unsuitable sellers and to compare the offerings of many different potential sellers quickly, conveniently, and inexpensively
Er.Sartaj Singh Bajwa