Consumer Behaviour (subject code) • Lecturer’s name • Contact details • Office hours … or by appointment Copyright 2004 McGraw-Hill Australia Pty Ltd PPTs t/a Consumer Behaviour 4e by Neal, Quester, Hawkins 1–1 Welcome to Consumer Behaviour • Why study consumer behaviour? • What is consumer behaviour? • How does it affect marketing strategy? Copyright 2004 McGraw-Hill Australia Pty Ltd PPTs t/a Consumer Behaviour 4e by Neal, Quester, Hawkins 1–2 The Marketing Car Marketing manager Consumer behaviour ‘the engine of marketing’ Advertising Market research Distribution Copyright 2004 McGraw-Hill Australia Pty Ltd PPTs t/a Consumer Behaviour 4e by Neal, Quester, Hawkins 1–3 Consumer behaviour knowledge is... the ‘engine’ of a marketing strategy Copyright 2004 McGraw-Hill Australia Pty Ltd PPTs t/a Consumer Behaviour 4e by Neal, Quester, Hawkins 1–4 Subject Objectives • Knowledge and understanding – – – Theories Working Model of CB implications for strategic marketing decisions a focus on marketing decisions • Communication skills – Increase your skills in developing and presenting ideas orally and in writing Copyright 2004 McGraw-Hill Australia Pty Ltd PPTs t/a Consumer Behaviour 4e by Neal, Quester, Hawkins 1–5 Assessment (example) • Final 2 hour exam – – 60% Includes an unseen case study (min 45% required to pass course) • Mid semester test (date) • Tutorial participation • Tutorial material preparation • Tutorial case study Copyright 2004 McGraw-Hill Australia Pty Ltd PPTs t/a Consumer Behaviour 4e by Neal, Quester, Hawkins 15% 10% 10% 5% 100% 1–6 Tip !! • When answering Case Studies and exam questions, think of the TEAS approach: T = Theory E = Explain the relevant theory A = Apply the theory S = Strategy Copyright 2004 McGraw-Hill Australia Pty Ltd PPTs t/a Consumer Behaviour 4e by Neal, Quester, Hawkins 1–7 Reading • Consumer Behaviour: Implications for Marketing Strategy Neal, Quester and Hawkins, 4th Aust. edition • Communication skills handbook – Resource Centre Copyright 2004 McGraw-Hill Australia Pty Ltd PPTs t/a Consumer Behaviour 4e by Neal, Quester, Hawkins 1–8 Course Structure • Introduction • Consumer decision process • Internal influences • External influences • Organisational buying • Consumers and society Copyright 2004 McGraw-Hill Australia Pty Ltd PPTs t/a Consumer Behaviour 4e by Neal, Quester, Hawkins 1–9 Chapter 1 Consumer Behaviour and Marketing Strategy • Studying the consumer is important for marketers • Implications of consumer behaviour for marketing strategy • Components of a consumer behaviour audit • Relevance of consumer behaviour for non-profit organisations, government agencies &/or consumer groups • A working model of consumer behaviour Copyright 2004 McGraw-Hill Australia Pty Ltd PPTs t/a Consumer Behaviour 4e by Neal, Quester, Hawkins 1–10 Understanding Consumer Behaviour 1–11 Consumer Behaviour and Marketing Strategy • Positioning strategy • Market segmentation • New products • New market applications • Global marketing • Marketing mix • Consumerism • Non-profit marketing Copyright 2004 McGraw-Hill Australia Pty Ltd PPTs t/a Consumer Behaviour 4e by Neal, Quester, Hawkins 1–12 How Consumer Influences Drive Marketing Decisions 1–13 Definitions of Consumer Behaviour • The dynamic interaction of cognition, behaviour and environmental events by which human beings conduct the exchange aspects of their lives (American Marketing Association) • A discipline dealing with how and why consumers consumers purchase (or don’t purchase) products and services. (Neal et al.) Copyright 2004 McGraw-Hill Australia Pty Ltd PPTs t/a Consumer Behaviour 4e by Neal, Quester, Hawkins 1–14 Definitions of Consumer Behaviour (cont.) • Those behaviours performed by decision-making units in the purchase, usage and disposal of goods and services (Kotler & Levy) • The decision process and physical activity individuals engage in when evaluating, acquiring, using or disposing of goods and services (London & Della Bitta) Copyright 2004 McGraw-Hill Australia Pty Ltd PPTs t/a Consumer Behaviour 4e by Neal, Quester, Hawkins 1–15 Definitions of Consumer Behaviour (cont.) • Those actions directly involved in obtaining, consuming, and disposing of products and services, including the decision processes that precede and follow these actions (Engel, Blackwell & Miniard) Copyright 2004 McGraw-Hill Australia Pty Ltd PPTs t/a Consumer Behaviour 4e by Neal, Quester, Hawkins 1–16 Consumer Lifestyle and Consumer Decisions 1–17 Consumer Decision Process 1–18 Factors that Determine and Influence Consumer Lifestyles 1–19 Overall Model of Consumer Behaviour 1–20 Next Lecture… Chapter 2: Situational Influences Copyright 2004 McGraw-Hill Australia Pty Ltd PPTs t/a Consumer Behaviour 4e by Neal, Quester, Hawkins 1–21