40154735 Consumer Buying Behaviour Kotler Pptt

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  • 7/31/2019 40154735 Consumer Buying Behaviour Kotler Pptt

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    Marketing for Hospitality and Tourism, 3e 2003 Pearson Education, Inc.Philip Kotler, John Bowen, James Makens Upper Saddle River, NJ 07458

    1

    Consumer Markets

    and Consumer Buying

    Behavior

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    Marketing for Hospitality and Tourism, 3e 2003 Pearson Education, Inc.Philip Kotler, John Bowen, James Makens Upper Saddle River, NJ 07458

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    Consumer Buying Behavior refers to thebuying behavior of final consumers -

    individuals & households who buy goods

    and services for personal consumption.

    The central question for marketers is:

    How do consumers respond to variousmarketing efforts the company might use?

    Consumer Buying Behavior

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    Marketing for Hospitality and Tourism, 3e 2003 Pearson Education, Inc.Philip Kotler, John Bowen, James Makens Upper Saddle River, NJ 07458

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    Model of Buyer Behavior

    Marketing andOther Stimuli

    MarketingProductPricePlacePromotion

    OtherEconomicTechnologicalPoliticalCultural

    Buyers Black Box

    Buyer CharacteristicsBuyer Decision Process

    Buyer Responses

    Product ChoiceBrand Choice

    Purchase TimingPurchase Amount

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    Marketing for Hospitality and Tourism, 3e 2003 Pearson Education, Inc.Philip Kotler, John Bowen, James Makens Upper Saddle River, NJ 07458

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    Factors Influencing

    Consumer Behavior

    Social

    Referencegroups

    Family

    Rolesand

    status

    PersonalAge andlife-cycle

    Occupation

    Economicsituation

    LifestylePersonality

    andself-concept

    Psycho-logical

    MotivationPerceptionLearning

    Beliefs andattitudes

    Buyer

    Culture

    Sub-culture

    Socialclass

    Cultural

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    Marketing for Hospitality and Tourism, 3e 2003 Pearson Education, Inc.Philip Kotler, John Bowen, James Makens Upper Saddle River, NJ 07458

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    Factors Affecting Consumer

    Behavior: Culture

    Subculture Group of people with shared

    value systems based oncommon life experiences.

    Hispanic Consumers

    African American Consumers

    Asian American Consumers

    Mature Consumers

    Culture is the Most Basic Cause of a Person'sWants and Behavior.

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    Marketing for Hospitality and Tourism, 3e 2003 Pearson Education, Inc.Philip Kotler, John Bowen, James Makens Upper Saddle River, NJ 07458

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    Factors Affecting Consumer

    Behavior: CultureCulture is the Set of Values, Perceptions, Wants &Behavior Learned by a Member of Society from

    Family.

    Social Class

    Societys relatively permanent& ordered divisions whosemembers share similar values,interests, and behaviors.

    Measured by: Occupation,Income, Education, Wealth andOther Variables.

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    Marketing for Hospitality and Tourism, 3e 2003 Pearson Education, Inc.Philip Kotler, John Bowen, James Makens Upper Saddle River, NJ 07458

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    Cultures

    The accumulation of values, knowledge,

    beliefs, customs, objects, and concepts that asociety uses to cope with its environment

    Subcultures

    Groups of individuals who have similar valueand behavior patterns within the group but

    differ from those in other groups.

    Culture & Subcultures

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    Marketing for Hospitality and Tourism, 3e 2003 Pearson Education, Inc.Philip Kotler, John Bowen, James Makens Upper Saddle River, NJ 07458

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    Relatively homogenous, enduring divisions

    in a society, hierarchically ordered with

    members sharing similar values, interests,and behaviors

    Social Class

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    Marketing for Hospitality and Tourism, 3e 2003 Pearson Education, Inc.Philip Kotler, John Bowen, James Makens Upper Saddle River, NJ 07458

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    Social Classes

    Upper Upper

    Lower Upper

    Upper Middle

    Lower Middle

    Upper Lower Lower Lower

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    Marketing for Hospitality and Tourism, 3e 2003 Pearson Education, Inc.Philip Kotler, John Bowen, James Makens Upper Saddle River, NJ 07458

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    GroupsMembershipReference

    Family (most important)Husband, wife, kidsInfluencer, buyer, user

    Roles and Status

    Social Factors

    Factors Affecting Consumer

    Behavior: Social

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    Marketing for Hospitality and Tourism, 3e 2003 Pearson Education, Inc.Philip Kotler, John Bowen, James Makens Upper Saddle River, NJ 07458

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    Family Influence on Buying

    Behavior

    Husband-Dominant

    Wife-Dominant

    Equal

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    Marketing for Hospitality and Tourism, 3e 2003 Pearson Education, Inc.Philip Kotler, John Bowen, James Makens Upper Saddle River, NJ 07458

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    Personal Influences

    Personal Influences

    Age and LifeCycle Stage

    Age and Life

    Cycle Stage OccupationOccupation Personality &Self-Concept

    Personality &Self-ConceptEconomicSituation

    EconomicSituation

    ActivitiesActivities InterestsInterests

    Lifestyle IdentificationLifestyle Identification

    Opinions

    Opinions

    Factors Affecting Consumer

    Behavior: Personal

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    Marketing for Hospitality and Tourism, 3e 2003 Pearson Education, Inc.Philip Kotler, John Bowen, James Makens Upper Saddle River, NJ 07458

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    Stages in Family Life-Cycle

    Single

    Newly Married Couples

    Full Nest I Full Nest II

    Full Nest III

    Empty Nest I

    Empty Nest II Solitary Survivor

    Solitary Survivor, Retired

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    Marketing for Hospitality and Tourism, 3e 2003 Pearson Education, Inc.Philip Kotler, John Bowen, James Makens Upper Saddle River, NJ 07458

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    Achievers

    Actualizers

    Strugglers

    Strivers

    Fulfilleds

    Believers

    Experiencers

    Makers

    Abundant Resources

    Minimal Resources

    VALS 2

    Status Oriented Action OrientedPrinciple Oriented

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    Marketing for Hospitality and Tourism, 3e 2003 Pearson Education, Inc.Philip Kotler, John Bowen, James Makens Upper Saddle River, NJ 07458

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    Factors Affecting Consumer

    Behavior: Psychological

    PsychologicalFactors

    AffectingBuyersChoices

    Motivation

    Perception

    Learning

    Beliefs andAttitudes

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    Marketing for Hospitality and Tourism, 3e 2003 Pearson Education, Inc.Philip Kotler, John Bowen, James Makens Upper Saddle River, NJ 07458

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    Psychological - Motive

    A motive is a need that has a

    sufficient level of intensity.

    Creating a tension state that

    drives the person to act.

    Satisfying the need reduces the

    felt tension.

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    Marketing for Hospitality and Tourism, 3e 2003 Pearson Education, Inc.Philip Kotler, John Bowen, James Makens Upper Saddle River, NJ 07458

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    Psychological - Perception

    The process by which an individualselects, organizes, and interprets

    information inputs to create a meaningful

    picture of the world.

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    Marketing for Hospitality and Tourism, 3e 2003 Pearson Education, Inc.Philip Kotler, John Bowen, James Makens Upper Saddle River, NJ 07458

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    Psychological - Learning

    Changes in an individuals

    behavior arising from experience.

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    Marketing for Hospitality and Tourism, 3e 2003 Pearson Education, Inc.Philip Kotler, John Bowen, James Makens Upper Saddle River, NJ 07458

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    Psychological - Attitude

    An attitude describes a persons

    relatively consistent evaluations,feelings, and tendencies toward

    an object or idea.

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    Marketing for Hospitality and Tourism, 3e 2003 Pearson Education, Inc.Philip Kotler, John Bowen, James Makens Upper Saddle River, NJ 07458

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    Physiological Needs(hunger, thirst)

    Safety Needs(security, protection)

    Social Needs(sense of belonging, love)

    Esteem Needs

    (self-esteem)

    SelfActualization

    Maslows Hierarchy of Needs

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    Marketing for Hospitality and Tourism, 3e 2003 Pearson Education, Inc.Philip Kotler, John Bowen, James Makens Upper Saddle River, NJ 07458

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    Buyer Decision Process

    Postpurchase

    Behavior

    PurchaseDecision

    InformationSearch

    NeedRecognition

    Evaluation

    of Alternatives

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    Marketing for Hospitality and Tourism, 3e 2003 Pearson Education, Inc.Philip Kotler, John Bowen, James Makens Upper Saddle River, NJ 07458

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    Consumer Buying Decision

    Process Problem recognition

    Information Search

    Evaluation of Alternatives

    Purchase decision

    Post PurchaseEvaluation

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    Marketing for Hospitality and Tourism, 3e 2003 Pearson Education, Inc.Philip Kotler, John Bowen, James Makens Upper Saddle River, NJ 07458

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    Types of Buying Behavior

    Routine Response

    Limited Decision Extension Decision

    Impulse Buying

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    Marketing for Hospitality and Tourism, 3e 2003 Pearson Education, Inc.Philip Kotler, John Bowen, James Makens Upper Saddle River, NJ 07458

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    Search qualities

    Experience qualities

    Credence qualities

    Consumer Behavior and Services

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    Marketing for Hospitality and Tourism, 3e 2003 Pearson Education, Inc.Philip Kotler, John Bowen, James Makens Upper Saddle River, NJ 07458

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    When Search Qualities are

    Lacking

    Personal sources of information

    More post-purchase evaluation than

    pre-purchase evaluation Price and physical qualities are major

    tools

    Evoked set is smaller

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    Marketing for Hospitality and Tourism, 3e 2003 Pearson Education, Inc.Philip Kotler John Bowen James Makens Upper Saddle River NJ 07458

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    When Search Qualities are

    Lacking Innovations adopted more slowly

    Perceive greater risks

    Brand switching is less frequent

    Self blame for dissatisfaction Source: Valarie Zeithaml, How Consumer Evaluation

    Processes Differ Between Goods aand Services, inMarketing Of Services, 1981, pp. 186-190.