Customer Analysis Flashcards
What is the definition of consumer behaviour
study of how people, groups and organizations select,buy and use products to satisfy their needs and wants.
What steps are involved the decision making unit
- Initiator
- Influencer
- Decider
- Buyer
- User
What are some external influences on consumer behavior
culture
groups and family,
What are some internal influences on consumer behavior
demographics(age, gender, religion)
memory from past purchases
What are the steps in compensatory decision process
- problem recognition
- research
- evaluate the alternatives
- purchasing act
- post purchase evaluation,
When businesses buy from other businesses what is involved
larger purchases
fewer buyers
demand for product may depend on sales of other products
What are the types of business consumers
producers, buy to fabricate
trade industries, retailers buy product to resell
government, buy products to use
Why would a manager do a straight re-buy
because the product being used may be of good quality
good reputation and consistent products
receive great service from company.