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Consumer Behavior

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Self-fulfillment, personal growth. Leisure Ladder Model (Pearce) Fulfillment. feeling peaceful (transported), totally involved. Self-esteem and Development ... – PowerPoint PPT presentation

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Title: Consumer Behavior


1
Consumer Behavior
  • The study of consumer characteristics and the
    processes involved when individuals or groups
    select, purchase, and use goods and services to
    satisfy wants and needs
  • Why is this important?

2
Motivation
  • A force within an individual which causes them
    to do something to fulfill a biological need or
    psychological desire
  • Secondary (soc/psych) vs. Primary needs (live)
  • Short term vs. Long term Motives
  • Intrinsic vs. Extrinsic

3
Motivating Factors
  • Push Factors
  • Those things internal to the tourist which make
    them desire travel
  • Attitudes, values, perception, learning,
    personality, norms
  • Pull Factors
  • Those things external to the tourist which are
    contrived to make a destination more appealing

4
Maslows Heirarchy of Needs
  • Physiological
  • food, water, air, shelter, reproduction
  • Safety
  • Stability, security, structure
  • Love
  • Affiliation, affection, sense of belonging
  • Esteem
  • Success, self-worth, achievement
  • Self-Actualization
  • Self-fulfillment, personal growth

5
Leisure Ladder Model (Pearce)
  • Fulfillment
  • feeling peaceful (transported), totally involved
  • Self-esteem and Development
  • Developing skills, knowledge abilities
    competency
  • Relationship
  • Build/extend relations Enjoying through others
  • Stimulation
  • Optimal arousal for themselves safe, but not
    bored
  • Relaxation and Bodily Needs
  • Emphasize basic needs enjoy sense of escape

6
Psychographic Dimensions
  • High-energy Allocentrics
  • Frequent travelers, use air, exotic, unique
  • Low-energy Allocentrics
  • By air, less frequent, more in fantasy
  • High-energy Psychocentrics
  • Active, by car or RV
  • Low-energy Psychocentrics
  • Stay home, near familiar surroundings

7
Distribution of Dimensions
Allocentric
Psychocentric
Mid-centric
Near Allocentric
Near Psychocentric
South Pole
Disney
Miami Beach
Caribbean/ Hawaii
South Pacific
8
Optimal Arousal Theory
  • Tourism is guided primarily by intrinsic motives
    and the need to escape stress, excessive
    stimulation, and the mundane
  • Through travel, the tourist seeks the stimulation
    or the peace and tranquility they may not have at
    home or work

9
Barriers to Travel (constraints)
  • Cost
  • Time
  • Health
  • Family Stage
  • Lack of Interest
  • Fear and Security

10
Segmenting Tourism Markets
  • Why?
  • Segmentation Types
  • Geographic Segmentation (gravity!)
  • Demographic
  • Psychographic (not who, but how/why)
  • Lifestyle, values, attitudes, desires, etc.
  • Product/Service-related (ie, leisure/business)
  • Based on benefits, preferences, loyalty, etc.

11
Segmentation (cont.)
  • Good segments are..
  • Substantial, exploitable, identifiable, durable
  • Long term (Dolly) vs. Short term (Christina)
  • Five-Step Approach
  • Choose a segmentation approach
  • Profile the segments (using marketing mix)
  • Forecast each segments potential (/)
  • Decide which segment(s) should be targeted
  • Estimate likely market share per segment

12
Specialized Tourist Segments
  • Business Professional Travelers
  • Inelastic! Vs. Elastic Demand
  • Incentive Travelers (employees)
  • Mature Travelers (55 older)
  • 50 of US disposable income
  • International Travelers (passports!)
  • Canada, Mexico, Japan, Gr. Britain, Germany
  • Single Travelers (live alone)
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