kotler framework 5e_05_sppt

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Framework for Marketing Management 5 Analyzing Consumer Markets 1

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Page 1: Kotler framework 5e_05_sppt

Framework for Marketing Management

5Analyzing Consumer Markets

1

Page 2: Kotler framework 5e_05_sppt

Copyright © 2011 Pearson Education, Inc.  Publishing as Prentice Hall 5-2

Chapter Questions

How do consumer characteristics influence buying behavior?

What major psychological processes influence consumer responses to the marketing program?

How do consumers make purchasing decisions?

Page 3: Kotler framework 5e_05_sppt

Consumer Behavior

Copyright © 2011 Pearson Education, Inc.  Publishing as Prentice Hall 5-3

Page 4: Kotler framework 5e_05_sppt

Copyright © 2011 Pearson Education, Inc.  Publishing as Prentice Hall 5-4

What Influences Consumer Behavior?

Cultural Factors

Social Factors

Personal Factors

Page 5: Kotler framework 5e_05_sppt

Copyright © 2011 Pearson Education, Inc.  Publishing as Prentice Hall 5-5

What is Culture?

Culture is the fundamental determinant of a person’s wants and behaviors acquired

through socialization processes with family and other key institutions.

Page 6: Kotler framework 5e_05_sppt

Copyright © 2011 Pearson Education, Inc.  Publishing as Prentice Hall 5-6

Subcultures

Nationalities Religions Racial groups Geographic regions

Page 7: Kotler framework 5e_05_sppt

Copyright © 2011 Pearson Education, Inc.  Publishing as Prentice Hall 5-7

Social ClassesUpper uppers

Lower uppers

Upper middles

Middle

Working

Upper lowers

Lower lowers

Page 8: Kotler framework 5e_05_sppt

Copyright © 2011 Pearson Education, Inc.  Publishing as Prentice Hall 5-8

Social Factors

Reference groups

Family

Social roles

Statuses

Page 9: Kotler framework 5e_05_sppt

Copyright © 2011 Pearson Education, Inc.  Publishing as Prentice Hall 5-9

Reference Groups

Membership groups Primary groups Secondary groups Aspirational groups Disassociative groups

Page 10: Kotler framework 5e_05_sppt

Copyright © 2011 Pearson Education, Inc.  Publishing as Prentice Hall 5-10

Family Distinctions Affecting Buying Decisions

Page 11: Kotler framework 5e_05_sppt

Copyright © 2011 Pearson Education, Inc.  Publishing as Prentice Hall 5-11

Personal Factors

Age Life cycle stage Occupation Wealth

Personality Values Lifestyle Self-concept

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Age and Stage of Lifecycle

Copyright © 2011 Pearson Education, Inc.  Publishing as Prentice Hall 5-12

Page 13: Kotler framework 5e_05_sppt

Occupation and Economic Circumstances

Copyright © 2011 Pearson Education, Inc.  Publishing as Prentice Hall 5-13

Page 14: Kotler framework 5e_05_sppt

Personality

Copyright © 2011 Pearson Education, Inc.  Publishing as Prentice Hall 5-14

Page 15: Kotler framework 5e_05_sppt

Copyright © 2011 Pearson Education, Inc.  Publishing as Prentice Hall 5-15

Brand Personality

Sincerity Excitement Competence Sophistication Ruggedness

Page 16: Kotler framework 5e_05_sppt

Copyright © 2011 Pearson Education, Inc.  Publishing as Prentice Hall 5-16

Table 5.1 LOHAS Market Segments(Lifestyles of Health and Sustainability)

Sustainable Economy Healthy Lifestyles Ecological Lifestyles Alternative Health Care Personal Development

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Figure 5.1 Model of Consumer Behavior

Copyright © 2011 Pearson Education, Inc.  Publishing as Prentice Hall 5-17

Page 18: Kotler framework 5e_05_sppt

Copyright © 2011 Pearson Education, Inc.  Publishing as Prentice Hall 5-18

Motivation

Freud’sTheory

Behavioris guided by subconsciousmotivations

Maslow’sHierarchyof Needs

Behavioris driven by

lowest, unmet need

Herzberg’sTwo-Factor

Theory

Behavior isguided by motivating

and hygienefactors

Page 19: Kotler framework 5e_05_sppt

Maslow’s Hierarchy

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Page 20: Kotler framework 5e_05_sppt

Copyright © 2011 Pearson Education, Inc.  Publishing as Prentice Hall 5-20

Perception

Selective attention Selective retention Selective distortion Subliminal perception

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Learning

Copyright © 2011 Pearson Education, Inc.  Publishing as Prentice Hall 5-21

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Emotions

Copyright © 2011 Pearson Education, Inc.  Publishing as Prentice Hall 5-22

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Figure 5.2 State Farm Mental Map

Copyright © 2011 Pearson Education, Inc.  Publishing as Prentice Hall 5-23

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Copyright © 2011 Pearson Education, Inc.  Publishing as Prentice Hall 5-24

Figure 5.3 Consumer Buying Process

Problem Recognition

Information Search

Evaluation of alternatives

Purchase Decision

Postpurchase Behavior

Page 25: Kotler framework 5e_05_sppt

Copyright © 2011 Pearson Education, Inc.  Publishing as Prentice Hall 5-25

Sources of Information

CommercialPersonal

Public Experiential

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Figure 5.4 Successive Sets in Decision Making

Copyright © 2011 Pearson Education, Inc.  Publishing as Prentice Hall 5-26

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Decision Heuristics

Availability Representativeness Anchoring and adjustment

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Framing

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For Review

How do consumer characteristics influence buying behavior?

What major psychological processes influence consumer responses to the marketing program?

How do consumers make purchasing decisions?

Copyright © 2011 Pearson Education, Inc.  Publishing as Prentice Hall 5-29

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Copyright © 2012 Pearson Education, Inc.  Publishing as Prentice Hall