100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Lecture notes Consumer Behaviour Unit 1 Intoduction (5BUS) $20.12   Add to cart

Class notes

Lecture notes Consumer Behaviour Unit 1 Intoduction (5BUS)

 9 views  0 purchase
  • Course
  • Institution
  • Book

Lecture notes of the introduction to consumer behaviour

Preview 1 out of 5  pages

  • July 12, 2022
  • 5
  • 2021/2022
  • Class notes
  • Dr pfavai nyajeka
  • All classes
  • Unknown
avatar-seller
Lecture 1 – Introduction
Consumer behaviour is a process
 Doesn’t just occur when the consumer pays for their good or service
 Exchange – where two or more parties give and receive something of value
- An integral part of marketing
 Consumer – the one who identifies their need or desire, makes a purchase and then
disposes of that product during the three stages of consumption process
- Most of the time other people play a role in these sequences of events
- The one who purchases the product or service may not be the same as the
one who uses it, such as a parent buying clothes for a teenager.
- Or in other times one person may act as the influencer, where they
recommend a certain product without actually buying or using it
- Consumers don’t necessarily have to be individuals they may be an
organisation or a group, where one or several people may purchase a
product that multiple people are going to use, such as the purchasing officer
ordering office supplies
- In larger organisations the purchasing decision may be down to a large group
of people, such as accountants, designers, engineers and sale personnel
 The three stages of the consumption process from the Consumer’s Perspective:
1) Pre-purchase issues
- How does the consumer decide they need a product
- Where can they best learn about alternative sources
2) Purchase issues
- Is acquiring the product a stressful or pleasant experience
- What does this purchase say about the consumer
3) Post-purchase issues
- Is the product providing pleasure of performing its intended function
- How does the consumer eventually dispose of the product
- What are the environmental consequences of that disposure
 The three stages of the consumption process from the Marketer’s Perspective
1) Pre-purchase issues
- How are attitudes towards products formed
- How do attitudes change
- How do consumers perceive which product is superior to another
2) Purchase issues
- How do situational factors, such as time pressure, or store displays affect the
consumer’s purchase decision
3) Post-purchase issues
- What determines if a customer is satisfied with a product
- Are they likely to purchase it again
- Does the consumer tell others about their experience with the product and
influence others’ purchase decisions

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller todd-200. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $20.12. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

79223 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$20.12
  • (0)
  Add to cart