Consumer Behavior - PowerPoint PPT Presentation

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Consumer Behavior

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Consumer Behavior – PowerPoint PPT presentation

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Title: Consumer Behavior


1
Chapter 16 Consumer Behavior and Product
Strategy
2
16.1 A Expectancy Disconfirmation Approach to
Satisfaction
Prepurchase performance expectations
Post purchase performance perceptions
Disconfirmation
Satisfaction / dissatisfaction
3
16.2 Categories of Brand Commitment and
Purchasing Patterns
Brand Loyalty
Variety Seeking
Consumer Commitment
Low High
Repeat Purchase
Varied Behavior
Single Multiple
Number of brands purchased in a particular time
period
4
16.3 Brand Loyalty and Usage Rate
Brand Loyalty
Brand-loyal heavy users
Brand-loyal light users
Light usage
Heavy usage
Brand-indifferent light users
Brand-indifferent heavy users
Variety Seeking
5
16.4 The Adoption curve
Innovators Early Early Late
Laggards adopters
adopters adopters

3-5 10-15 34
34 5-15
Adoption rate 0 100
Time
6
16.5 Analyzing Consumer-Product Relationships
  • Compatibility- How well does this product fit
    consumers current affect, cognitions and
    behavior?
  • Triability-Can the consumer try the product on a
    limited basis with little risk?
  • Observability- Do consumers see or otherwise
    sense this product?
  • Speed- How soon do consumers experience the
    benefits of this product?

7
16.6 Analyzing Consumer-Product Relationships,
cont.
  • Simplicity - How easy is it for consumers to
    understand and use this product?
  • Relative advantage- What makes this product
    better than competitive offerings?
  • Product symbolism- What does this product mean to
    consumers?
  • Marketing strategy- What is the role of other
    marketing mix elements in creating a functional
    or image-related relative advantage?
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