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... the decision process and physical activity individuals engage in when evaluating, acquiring, using or disposing of goods and services Loudon & Della Bitta
Consumer behaviour
Aims
Measurement
Describing
Understanding
Predicting
Consumers can be buyers or users or both! Consumers can act as individuals or on behalf of an organisation Fashion designers have two markets the fashion buyer and the consumer
Psychological Factors
Sociological Factors
Information search
Evaluation of alternatives
Decision criteria
Purchase
Post-purchase evaluation
Post-purchase behaviour
Do we feel satisfied or dissatisfied? Did the product perform as expected? Better or worse? Marketing implications?
Low-cost products
Frequent purchasing Low consumer involvement Familiar product class and brands Little thought, search or time given to purchase
More expensive products Infrequent purchasing High consumer involvement Unfamiliar product class and brands Extensive thought, search and time given to purchase
Psychological Factors
Perception Learning Motivation Attitudes Personality Lifestyles
Perception
Selective exposure Selective attention Selective distortion Selective retention
Learning
Knowledge of brands, sizes, stores, preferences Learn through experience
Learn through family and peers
Motivation
Self development Esteem Social Safety Physiological
Personality
Lifestyle A.I.O. Self image
how we see ourselves
Sociological factors
Social groups
Norms of dress
The family
Women buying mens underwear for them
Geodemographics
Socio-economic groups
Class A % 2.8 Descriptors Upper middle class Higher managerial, administrative and professional Middle class Intermediate managerial, administrative and professional
18.6
C1
27.5
C2 D
22.1 17.6
11.4
Opinion leadership
Influence exerted when a consumer is faced with choice Information is both sought from and/or given by the OL Fashion marketers create opinion leaders
Diffusion of Innovation
Speed at which new fashions are adopted Innovators 2.5%
Early adopters
Early majority Late majority Laggards
13.5%
34% 34% 16%