Thursday, May 23, 2019
Marketing Influences Essay
IntroductionGenerally commercializeing sleep togethers with profaneing and selling a produces or operate. And consumer behavior is a branch of food marketing deals with the wait on that the consumer purchase or do not purchase the products and services (Quester, Pettigrew, & Hawkins, 2006). For the retailers and all other businesses consumer behavior is take apartd for identifying key successful marketing strategy. Marketing strategy is the combination of product, price, promotion, conduct of distribution and market segmentation (Quester, Pettigrew, & Hawkins, 2006). There are several(a) factors that affect the consumer behavior for defileing a product or services. And for making good strategical marketing decisions any firms or organizations need to understand those factors like cultural, individual, organizational etc (Quester, Pettigrew, & Hawkins, 2006).Analyzing consumer behavior become genuinely important for this competitive world. For gaining competitive advanta ge its important to give more value to the node than the competitors (Quester, Pettigrew, & Hawkins, 2006). According to Quester, Pettigrew and Hawkins (2006), customer value means the differences mingled with the benefit they get from the products and the cost that they spend for acquiring those products. Quester, Pettigrew and Hawkins (2006) emphasize that giving best customer value mainly requires the firms to react immediate to consumer needs more quickly than rivals. This essay is based on a case study with iii questions. And these three questions will be discussed simultaneously.First question is based on describing the featureal influences that would affect the customer decisions for purchase a products and services. atomic number 42 question is based on the case that Kate wants to purchase a stage for her boyfriends birthday and identify the three situational influences that affect the Kates purchase decisions. And the third question is describing the key marketing s trategy by which a marketer cogency be able to utilize the situation to a market specific type of products or brands. interrogation 1 AnswerAs states before that this question is based on describing the situational influences that affects the customer decisions for purchasing products. Anyorganizations or companies take a leak to understand that which situations is affecting the customer acquire decision of their products or services and how the marketers could serve the best when those situations arise (Quester, Pettigrew, & Hawkins, 2006). Marketers activities should be designed in the circumstance of the situation the consumer faces which influence the customers for purchasing the product whenMKT510 Consumer BehaviorM. M. Tamim 2 ID 11511633 they face such situation (Foxal & Yani-de-Soriano, 2005). A consumers choices are affected by various personal influences such as mood and if there is limitation of time for purchase etc. Now-a-days people are using electronic source for the initial information for purchasing the products (Solomon, Dann, & Russel-Bennett, 2007). Relating to consumer behavior a number of attempts have been made to classify the situations and the classification has been made by Russel Belk (Belk, 1975). According to Belk there are five dollar bill types of situation that influence customers decisions. They are physical surroundings, friendly surroundings, temporal perspective, task description and antecedent states (Quester, Pettigrew, & Hawkins, 2006).Physical surroundings include the location of the blood line, interior decoration, smell, live system, lighting, visible surroundings of the materials to the stimulus object (Quester, Pettigrew, & Hawkins, 2006). Those surroundings can squarely influence consumption of the customer and can convince to coming the store repeatedly. (Solomon, Dann, & RusselBennett, 2007). societal environment also affects customer motives for purchasing products or usage of products. In a consumer e nvironment if there are large number of people march then it could increase arousal levels. For example, in a store if there are huge number of people present then automatically arouses some other consumer for buying products from that store (Solomon, Dann, & Russel-Bennett, 2007). Temporal factors is the time constraints for a customer. Sometimes consumer could situation for buying with limitation of time that also affects the consumer buying decision.Relative to past or future event for the situation time may also be measured (Quester, Pettigrew, & Hawkins, 2006). Task definition includes the intention regarding purchase the products or requirements toselect the store or products. For example, consumer behaves differently when they buy products for gift compared to purchasing for themselves (Solomon, Dann, & Russel-Bennett, 2007). For evaluating the purchase of products customer mood or physiological conditions at the time of purchase may have huge influence for making decisions (Solomon, Dann, & Russel-Bennett, 2007). Among those five influences lets elaborate on two situational influences.They are temporal factors and task definition. Temporal factors are situational influences which deal with time that available for purchase. The availability of time for purchasing the product has a big impact to the customers (Quester, Pettigrew, & Hawkins, 2006). In that context, the information search will be myopic if the time is special(a) and the use of short information will be made some suboptimal purchase (Sim & Goh, 1998). As a situational influence time has a bug impact to the customer buying decision.MKT510 Consumer BehaviorM. M. Tamim 3 ID 11511633 For example, the consumers are less like to visit any departmental store if they have limited time but if they are not time pressured they would like to visit more (Kenhove & Wulf, 2000). The number of product alternatives would be smaller for the time constraints. For this the brand fealty power be increased for many customers. (Quester, Pettigrew, & Hawkins, 2006). Some corners store and convenience store are the successful considering this time factors as a situational influences. Task definition means the reason for purchasing a product or influences the buying decision. The reason may vary to different buyers and user roles performed by the individual (Quester, Pettigrew, & Hawkins, 2006).For example, gift giving is general reason but gift giving in occasion is specific reason that influence the behavior of the purchasing a product (Ruth, Otnes, & Brunel, 1999). Generally people increase their purchase in specific occasions. Best marketers understand these patterns of situations in which people more tend to buy (Solomon, Dann, & Russel-Bennett, 2007). For example, in promotional activities bookstores invest heavily for the lead up to Christmas because many people are tend to buy books as Christmas present and to stock for reading them during summer holidays (Solomon, Dann, & RusselB ennett, 2007). perplexity 2 AnswerKate is struggling to make a decision and wants to buy her boyfriend a smart phone to his birthday and she was running out of time. The three situational influences that affect Kates purchasing decision are task definition, temporal factors and social surroundings. Task definition as told before is the reasons that influence the customer to buy a product or services (Solomon, Dann, & Russel-Bennett, 2007). And the reason could be general and specific like gift giving in a occasion in which also influence the buying patterns (Ruth, Otnes, & Brunel, 1999). In this case the task is specific which the birthday of Kates boyfriend. However people feel their needs of products or services for reason whether its general or specific.In this case, Kate feel need for buying a product for giving gift to her boyfriend in his birthday. So according to Ruth, Otnes and Brunel (1999), the task was specific for Kate for purchasing the smart phone. Temporal factors as situational influences include the availability of time for purchasing any product (Quester, Pettigrew, & Hawkins, 2006). Here Kate had very limited time for making decision though the birthday of her boyfriend was very near. She had two options thatMKT510 Consumer BehaviorM. M. Tamim 4 ID 11511633 whether to buy iPhone 5 or Samsung wandflower SIII. As given before that less time gives less information for making decision (Belk, 1975). So Kate had to make a decision so she couldnt consider the information very well and she had to choose smart phone randomly from the given two options. Last situational influences that affect the Kates decision is social surroundings which means the presence of other people who could have an influence on the individuals consumers behavior (Quester, Pettigrew, & Hawkins, 2006). Considering behavior social influence is very significant since the individuals behavior is visible and they tend integrate with group expectations (Quester, Pettigrew, & Hawki ns, 2006).In this case Kate has limited time for making decision that she had two options that iPhone 5 which is recommended by her boyfriends childishness friend who knew Johns personality very well as well his character and another optionis Samsung Galaxy SIII which is recommended by the salesmen who is expert in smart phone. Shopping and consuming goods in public is highly visible activity which has several social influences others (Shim & Eastlick, 1998). Though the buying patterns of Kate was not so highly visible activity like shopping and consuming goods in public rather it was individual buying decision. Though Kate had limited time to decide whether what to buy then she asked for recommendation in two people one was sales person and another was friend of John which they have influences for buying smart phone.Question 3 AnswerIn modern competition marketers need to give more value to the customer compare to the competitors (Quester, Pettigrew, & Hawkins, 2006). Customer val ue is the difference between the advantage they get and the costs they spend for getting that advantage. So considering the situation marketers need to serve best to the consumer for purchasing product (Solomon, Dann, & Russel-Bennett, 2007). Marketing Strategy is the combination of product, price, distribution and promotion which emphasize a particular group of customers (Quester, Pettigrew, & Hawkins, 2006).So using these key marketing strategies a marketer can utilize the situation to market a specific brand and product type by understanding consumer behavior. Lets describe the three key marketing strategies that how a marketer might be able to utilize situation for a specific type of product. Product type and quality is very important for the marketer. However, thousands of new products are introduced in the marketplace annually. So marketer need to satisfied customerMKT510 Consumer BehaviorM. M. Tamim 5 ID 11511633 by their products for successful business (Quester, Pettigrew, & Hawkins, 2006). Also marketer needs to analyze and understand the needs and requirements of potential customer by which marketer can give the required product in such situation to the potential customer (Quester, Pettigrew, & Hawkins, 2006). Price is another important marketing strategy and marketing mix as well. A marketer needs to understand consumer behavior in enact to structure it properly (Quester, Pettigrew, &Hawkins, 2006). For example a company desiring high quality brand and for this the price should be high. So, if the target customer believes that price-quality relationship. So considering the target market situation price might be structured (Quester, Pettigrew, & Hawkins, 2006).Promotional activities are another important term for the product. By high quality campaign consumer might be convinced for buying that product. And also at any occasion or festival marketer could bring new promotions for the consumer that might influence the buying process (Foxal & Yani-de-S oriano, 2005). For example, any gift shops or bookshops spend more in promotional activities before Christmas that lead the people for purchasing products or books for gift as they intend to buy (Solomon, Dann, & Russel-Bennett, 2007). So considering task definition as a situational influences marketer could use these promotional activities.ConclusionUnderstanding of consumer behavior could make the enormous term success for the products (Quester, Pettigrew, & Hawkins, 2006). And to be successful its very important to understand the customer behavior considering the various situational influences (Belk, 1975). In this essay the theories of situational influences that affect their buying decision is discussed and after three of the situational influences is described in case of Kate who was struggling to make the best buy. And in last question how marketer might be able to utilize situation in aspects of using key marketing strategy is described. It is easy to understand that how si tuation could influence the buying decision process by this essay.MKT510 Consumer BehaviorM. M. Tamim 6 ID 11511633BibliographyBelk, R. W. (1975). Situational Variables and Consumer Behavior. Journal of Consumer Research, 158. Foxal, G. R., & Yani-de-Soriano, M. M. (2005). Situational Influences on Consumers Attitudes and Behavior. Journal of Business Research, 518-25. Kenhove, P. v., & Wulf, K. d. (2000). Income andTime Pressure A Person Stuation Grocery Retail Typology. The International suss out of Retail, Distribution and Cionsumer Research, 149-66. Quester, P., Pettigrew, S., & Hawkins, D. I. (2006). Consumer Behavior Implications for Marketing Strategy. North Ryde McGraw-Hill Australia. Ruth, J., Otnes, C. C., & Brunel, F. (1999). Gift Reciepts and Reformulation of Interpersonal Relationships. Journal of Consumer Research, 385-402. Shim, S., & Eastlick, M. A. (1998). The Hierarchical Influence of Personal Values on Mall Shopping. Journal of Retailing, 139-60. Sim, L. L., & Go h, S. Y. (1998). capital of Singapores Revised Concept Plan and Retailing Impact of the Tampines Regional Centre on Shopping Patterns. Journal of Retailing and Consumer Services, 33-43. Solomon, M., Dann, S., & Russel-Bennett, R. (2007). Situational Effects on Consumer Behavior. Frenchs woodland Pearson Education.
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