100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Summary of Lecture slides for CM2072 course $4.72   Add to cart

Summary

Summary of Lecture slides for CM2072 course

 2 views  0 purchase
  • Course
  • Institution

Summary contains information based on the Lecture's description of the course CM2072.

Preview 1 out of 3  pages

  • April 7, 2024
  • 3
  • 2023/2024
  • Summary
avatar-seller
Consumer Behaviour and Marketing Action
CM2072
Lecturer: Niels Vink
Exam- weight 100
Required preparation: Book by Solomon, Michael, R. & Russell, Cristel A.

Week 1

What is consumer behavior?

Marketing professionals want to find out what consumers buy and why.

But... this information is hidden in consumers’ minds.

Therefore they will investigate how consumers respond to various marketing actions such as adver

Consumer behavior is the study of how and why individuals, or groups acquire,
consume and dispose выбрасывать products.

Consumer behavior process

1) Identify need or desire
2) Make a purchase
3) Dispose the product (get rid of it )


Why is consumer behavior important?

● Consumers have a huge impact on marketing strategies!

● “Firms exist to satisfy consumers’ needs”.

● Consumers have a huge impact on consumer behavior since manufacturers want to know ho
are motivated to buy their products.

● Imagine when you walk in a supermarket. How are we influenced by it?

Some relevant questions for business

● Who are our consumers?
● How do we reach them?
● What should we sell them?
● What will motivate them to buy?
● What makes them satisfied? (so that they come back)




1

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 medina1. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $4.72. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

71184 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
$4.72
  • (0)
  Add to cart