Core Concepts of Marketing

(Marcin) #1

CHAPTER4


UNDERSTANDING BUYERBEHAVIOR

LEARNING OBJECTIVES


Havingreadthis cha~ter,yousrould beableto:


  • Understandthebehavicroftheindividualconsumersinthe
    marl:e~place.

  • Examinethemanyfactorsthatinfluenceconsumerbehavior.

  • Recogni zethevariousprinciplesofpsychology,sociology,and
    socialpsychologythatare(Ifvalue inexplainingconsumer
    behavior.

  • Examinet h erelationshi pofconsumerbehaviorto marketing
    management.decisions-particularly,targetmarketselectionand
    t h edesign ")fthe marketingmix.

  • Understandhoworganizationalmarketbehaviordiffersfrom con-
    sumer marketbehavior.

  • Examinehoworganizationsmak epurchasedecisions.


TILL DEATHDOUSPART


At 1 :58P.M.onWednesday,May5,in Houston's St.Luke's EpiscopalHospital,a
consumer wasborn.Her namewas Alyssa1.NedeE,andbythetimeshewenthome
threedayslater, someofAmerica'sbiggestmarketerswerepursuingherwithsamples,
coupons,andassorted freebies. Proctor&GamblehopeditsPampersbrandwouldwin
thebattlefor Alyssa'sbottom. Johnson&Johnsonoffereda tinysampleofitsbabysoap.
Bri stol-MyersSquibb Co.sentalong~omeofits Enfamilbabyformula.
Likenogenerationbefore, Alyssaentersaconsumerculturesurroundedbylogos,
labels, andacts almost fromthemomentofbirth.Asaninfant. AlyssamaywearSesame
Street di apersandminiaturepro-basketballjerseys.Bythetimeshe's 20 monthsold,she
willstarttorecognizesomeofthethousandsofbrandsflashedinfrontofhereach day.
At age7,if she's anyth inglike thetypicalkid, shewillseesome20,000TVcommer-
cials a year.By thetimeshe's12,shewillhaveherownentryinibemassivedatabanks

ofmarketers.M ultiplyAlyssaby 30 million-trenumberofbabiesborninthiscountry


since 1990 -andyouhavethelargestgenera,iontofloodthemarketsincethebaby
boom.Moreimpressivethantheirnumben,though,istheirwealth.Theincreaseinsin-
gle-parent anddual-earner householdsmeansthatIc.;dsaremakingshoppingdecisions
once left toMom.Combiningallowance,earnings, andgifts,kidsaged 14 andunderwill
directlyspendanestimated$20billionthisyear,andwillinfluenceanother$200billion.

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