TS Nguy n Minh Đ c<br />
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PRINCIPLES OF MARKETING<br />
Chapter 4. BUYER BEHAVIOR ANALYSIS<br />
<br />
Dr. NGUY N MINH Đ C<br />
NONG LAM UNIVERSITY HCM CITY<br />
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Nguy n Minh Đ c 2009<br />
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The most<br />
important<br />
thing is to<br />
forecast<br />
where<br />
customers<br />
are moving,<br />
and be in<br />
front of them.<br />
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BUYER BEHAVIOR ANALYSIS<br />
<br />
§ How do the buyers’ characteristics – cultural,<br />
social, personal, and psychological –<br />
influence buying behavior?<br />
§ How does the buyer make purchasing<br />
decisions?<br />
§ How individuals, groups, and organizations<br />
select, purchase, use, and dispose of goods,<br />
services, ideas, or experiences to satisfy their<br />
needs and desires.<br />
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Reason to analyze buyer behavior?<br />
<br />
v Keys for product development<br />
v Create characteristics of a new product<br />
v Select marketing distribution<br />
v Select message for communication<br />
v Apply marketing mix<br />
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MODEL OF BUYER’S DECISION<br />
<br />
Marketing<br />
stimuli<br />
- Product<br />
- Price<br />
- Place<br />
- Promotion<br />
<br />
Other stimuli<br />
- Economic<br />
- Technological<br />
- Political<br />
- Cultural<br />
<br />
Buyer’s<br />
Characteristics:<br />
- Cultural<br />
- Social<br />
- Personal<br />
- Psychological<br />
<br />
Buyer’s decision process:<br />
- Problem recognition<br />
- Information search<br />
- Evaluation of alternatives<br />
- Purchase decision<br />
- Post-purchase behavior<br />
<br />
Buyer’s decision<br />
- Product choice (S n ph m)<br />
- Brand choice (Nhãn hi u)<br />
- Dealer choice (C a hàng)<br />
- Purchase timing (Th i gian)<br />
- Purchase amount (S lư ng)<br />
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INFLUENCES OF BUYEER BEHAVIORS<br />
Cultural<br />
<br />
Psychological<br />
<br />
BUYER<br />
DECISION<br />
<br />
Social<br />
<br />
Personal<br />
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Cultural Factors<br />
v Subcultures<br />
§ Diversity marketing<br />
<br />
v Social class<br />
§ Reference Groups<br />
• Reference groups<br />
• Membership groups<br />
• Opinion leader<br />
<br />
§ Family<br />
• Family of orientation<br />
• Family of procreation<br />
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Personal/Demographic Factors<br />
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v Age<br />
v Stage in family life cycle<br />
v Occupation<br />
v Economic circumstances<br />
v Lifestyle<br />
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Stages inStages Family Life Cycle<br />
Table 7.2: the in the Family Life Cycle<br />
1. Bachelor stage:<br />
Young, single, not<br />
living at home<br />
<br />
Few financial burdens. Fashion opinion<br />
leaders. Recreation oriented. Buy: basic home<br />
equipment, furniture, cars, equipment for the<br />
mating game; vacations.<br />
<br />
2. Newly married<br />
couples:<br />
Young, no children<br />
<br />
Highest purchase rate and highest average<br />
purchase of durables: cars, appliances,<br />
furniture, vacations.<br />
<br />
3. Full nest I:<br />
Youngest child under<br />
six<br />
<br />
Home purchasing at peak. Liquid assets low.<br />
Interested in new products, advertised<br />
products. Buy: washers, dryers, TV, baby food,<br />
chest rubs and cough medicines, vitamins,<br />
dolls, wagons, sleds, skates.<br />
<br />
4. Full nest II:<br />
Youngest child six or<br />
over<br />
<br />
Financial position better. Less influenced by<br />
advertising. Buy larger-size packages,<br />
multiple-unit deals. Buy: many foods, cleaning<br />
materials, bicycles, music lessons, pianos.<br />
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See text for complete table<br />
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Dominant Family Purchase - Cozenza 1985<br />
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PRODUCT<br />
Women’s casual clothing<br />
<br />
DOMINANT DECISION TYPICAL DECISION<br />
MAKER<br />
Wife<br />
<br />
Price, style<br />
<br />
Syncratic (both)<br />
<br />
Whether and where<br />
to go<br />
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Men’s casual clothing<br />
<br />
Husband<br />
<br />
Type, price, style<br />
<br />
Life insurance<br />
<br />
Husband<br />
<br />
Company, coverage<br />
<br />
Homeowner’s insurance<br />
<br />
Husband<br />
<br />
Company, coverage<br />
<br />
Wife<br />
<br />
Style, brand, price<br />
<br />
Vacations<br />
<br />
Household appliances<br />
<br />
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