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Consumer Behavior
Training Objective:
- All the factors including internal and external factors which influences the way consumer behaves while buying.
- The phases of buying process which a consumer goes through while buying any goods or services.
- The traditional and contemporary consumer behaviour model which helps marketers to plan their strategies.
- The research in consumer buying behaviour in two contexts i.e., online shopping and effect of COVID 19
Course Content:
- Lesson 1 – Factors influencing consumer behaviour:
- Internal factors: perception, memory, learning
- External factors:
- Demographics (family, family life cycle)
- Psychographics (motivations, perceptions, performance, benefits and attitudes)
- Cultural
- Socioeconomic – income
- Reference groups – aspiration, non-membership and membership groups, formal and informal groups
- Lesson 2 – Buying decision making process:
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- Stage 1: Need Recognition
- Stage 2: Information Search
- Stage 3: Product Evaluation
- Stage 4: Purchase Decision
- Stage 5: Post Purchase Decision
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- Lesson 3 – Traditional Consumer Behaviour Models:
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- Economic model – price effect, substitution effect
- Pavlovian learning model
- Sociological model
- Psychoanalytic model
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- Lesson 4 – Contemporary Consumer Behaviour Models:
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- Howard Sheth Model
- Engel-Kollat-Blackwell Model (EKB)
- Nicosia Model
- Stimulus Response Model
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- Lesson 5 – Research Paper Analysis –
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- The study of effect of covid-19 on Consumer Behaviour towards ITC food sector products.
- Consumer Complain Behaviour (Online Shopping) – Proposed Instrument
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Target Audience:
- All the working professionals
- Fresh graduates or post graduates in business administration
- Those who are hunting for suitable jobs in Market research or customer services
Training Methodologies –
- Power Point Presentation, with Audio & Video
- Demonstrations and explanations with real life examples and sharing of experiences
- Language of delivery: English & Hindi
- Duration of Course: 2 hours
- Evaluation of Training: Quiz (Passing Marks 60%)
1
Introduction
2
Lesson 1.1
3
Lesson 1.2
4
Lesson 2
5
Lesson 3.1
6
Lesson 3.2
7
Lesson 4.1
8
Lesson 4.2
9
Lesson 5.1
10
Lesson 5.2.1
11
Lesson 5.2.2
12
Lesson 5.3
13
Final Quiz
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