Core Concepts of Marketing by John Burnett - HTML preview

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CHAPTER4

UNDERSTANDING BUYER BEHAVIOR

LEARNING OBJECTIVES

Having read this

you

be able to:

Understand t he

of the individua l consumers in the

Ex amine the many factors that in f luence consumer behavior.

Re c ogn i ze t he var i ous principles of psychology, sociology, and

social psychology that are (If value in exp l aining consumer

behavior.

Ex amine t h e relationsh i p of consumer behavior to marketing

m anagemen t. decisions-part ic ularly, target market selection and

t h e design

the marketing mix .

Unde r stand how organizatio n al market behavior

from con-

sume r m arket behavior.

Ex amine how organizations ma k e purchase decisions.

TILL DEATH DO US PART

At 1:58 P.M. on Wednesday,

5, in Houston's St. Luke's Episcopal Hospital, a

consumer was born. Her name was Alyssa 1.

and by the time she went home

three days later, some of America's biggest marketers were pursuing her with samples,

coupons, and assorted freebies. Proctor & Gamble hoped its Pampers brand would win

the battle for Alyssa's bottom. Johnson & Johnson offered a tiny sample of its baby soap.

Bristol-Myers Squibb Co. sent along

of its Enfamil baby formula.

Like no generation before, Alyssa enters a

culture surrounded by logos,

labels, and acts almost from the moment of birth. As an infant. Alyssa may wear Sesame

Street diapers and miniature pro-basketball jerseys. By the time she's 20 months old, she

will start to recognize some of the thousands of brands flashed in front of her each day.

At age 7, if she's anything like the typical ki d, she will see some 20,000 TV commer-

cials a year. By the time she 's 12, she will have her own entry in

massive data banks

of marketers. Multiply

by 30 million-tre number of babies born in this country

since 1990- and you have the largest

to flood the market since the baby

boom. More impressive th an their

though, is

wealth. The increase in sin-

gle-parent and dual-earner households

that

are making shopping decisions

once left to Mom. Combini ng allowance, earnings, and gifts, kids aged 14 and under will

di rectly spend an estimated $20 billion this year, and will influence another $200 billion.

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