Behavioural Factors of Indian Consumers

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    PREPARED BY :

    PHIJO JAMES GEORGE

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    Definition

    Thestudyofindividuals ,groupsororganizationand

    processess theyuse toselect secureuseanddisposeofproducts,services,experience orideas tosatisfyneedsand theimpacts that these processeshaveon theconsumerandsociety

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    Buyer Behavior

    Consumer

    4PsMarketing

    EnvironmentBuyer

    CharacteristicsBuyer

    Decision ProcessBuyer

    Decision

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    Marketing Stimuli

    4 Ps

    Product Price Place Promotion

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    Other Stimuli

    Marketing

    Environment

    Economic Technological Political Cultural

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    BuyersDecision Process

    y Need Recognition

    y Information Search

    y EvaluationofAlternativesy Purchase Decision

    y Consumption

    y Postpurchase behaviour

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    BuyersDecisiony Product Choice

    y BrandChoice

    y DealerChoicey PurchaseTiming

    y PurchaseAmount

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    Factors Affecting Consumer

    Behavior

    y Environment ofconsumersy Geographicinfluences

    y Influencesofoccupation

    y Placeofpurchase

    y Creativeuseofproduct

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    Buying Process

    yProblem Recognition

    y Information Search

    yEvaluation Alternatives

    yPurchase Decision

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    Post - Purchase Behavior

    y

    SatisfactionyActions

    y Useand Disposal

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    Todays Indian consumers

    y Valuesensitiveandnot much pricesensitive

    y Strictlyfollow culture traditionandvaluesy Give preference tofeaturesofthe product rather thanits brandname

    y Usecredit cardshopping

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    Charact ristics fIndian Consu r

    HSSE DEL

    y HEALTH

    y SAFETY

    y SOPHISTICATION

    y ENVIRONMENT

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    Charact risticsofthe Indian

    Consu er ehavior

    y Highdegreeofvalueorientation.y Highdegreeoffamilyorientation.

    y Valueofnurturing careandaffection.

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    IncreasingawarenessofIndian

    consu ersy Consumersareselectiveon the qualityofthe product

    y Consumerspurchasefroma placewherehis/her

    accountabilityismore pronouncedy Consumerspurchasedfroma placewherehis/herfeedbackismorevalued

    y Consumersseekmoreandmorereliablesourcesfor

    purchasesy Indianconsumersare pricesensitiveand prefer to buyvalueformoneyproducts

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    Marketing Strategies

    y Onlinemarketing

    y Celebrity influencey Qualityorientedoutlets

    y Freebies

    y Ecofriendlyproducts

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    ChangingT

    rendsin IndianConsumer Behavior

    y Bulk purchasingy Trendylifestyles

    y Buyersmarket in themaking

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    Change At A Glance

    y Tasteand preferenceofconsumersarechanging

    y Now want betterhospitality

    y Numberofmobile ,internet usersincreases

    y PreferMultiplexes

    y EntranceofForeign brands

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