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  • 7/28/2019 cb-1225214464576119-8

    1/10

  • 7/28/2019 cb-1225214464576119-8

    2/10

    Buyer

    Psychological

    Personal

    Social

    Culture

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    3/10

    Groups

    Membership

    Reference

    Opinion Leaders

    Family

    Many influencers

    Roles and Status

    5 - 3

    Cultural

    Social

    Personal

    Psychological

    Key Factors

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    4/10

    Types ofReference

    Groups

    a. Direct

    b. Indirect

    STUDENT

    CLUBS

    (1)Primary: Daily

    (2)Secondary:

    (1) Aspirational (+ve)Want-to-Be

    (2) Non-inspirational (-ve)DONT Want to Be

    IDOLS

    MICHEAL JACKSON

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    5/10

    Normative vs. Comparative Reference Groups

    Normative Reference Groups - A group in whichindividuals are motivated to gain or maintain

    acceptance. To promote this acceptance, individualshold their attitudes in conformity with what theyperceive to be the consensus of opinion (norms) amongthe group members.

    Comparative Reference Groups - A group whichindividuals use as a standard or point of reference inmaking evaluations or comparisons of themselves andof other individuals or groups

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    6/10

    Friendship Groups Most likely to influence after thefamily

    Shopping Groups 2 or more people who shop together

    Work Groups Who work together as a part of a workteam

    Virtual Groups/ Communities

    ConsumerAction Groups Who are dedicated inproviding assistance to consumers in order to makecorrect purchase decisions

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    7/10

    1. Celebrities

    2. Experts

    3. Common Man (someone just like them uses it)

    4. The Executive/ Employee Spokesperson

    5. Trade/ Spokes Characters or Familiar Cartoon Characters

    6. Respected Retailers

    7. Editorial content of Special interest Magazines

    8. Seals of Approval

    9. High Rating in Consumer Reports

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    8/10

    1. Information and Experience

    High for consumers less likely to be influenced byreference groups

    2. Credibility, Attractiveness and Power of theReference Group

    3. Conspicuousness of the Product

    Verbally conspicuous product easily explained toothers higher influence by the reference group

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    9/10

    Public Luxuries

    Golf ClubsSnow Skis

    Sail Boat

    Private Luxuries

    TV Video GamesIce Makers

    Trash Compactors

    Public NecessitiesWrist Watch

    Automobiles

    Dress Clothes

    Private NecessitiesMattresses

    Floor Lamps

    Refrigerators

    Strong Weak

    Strong

    Weak

    Brand Choice

    ProductCh

    oice

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    10/10

    Decision-making unit ofa buying organizationis called its buyingcenter.

    Not a fixed andformally identified unit.

    Membership will varyfor different productsand buying situations.

    Buying CenterMembers: Users

    Buyers Deciders

    Gatekeepers

    Influencers

    Initiators