A PRESENTATION ON FAMILY INFLUENCE IN CONSUMER BEHAVIOUR : A PRESENTATION ON FAMILY INFLUENCE IN CONSUMER BEHAVIOUR By Mr. VINAY RAJ R(MBA /PGDM/MTM) Slide 2: The study of consumers helps firms and organizations improve their marketing strategies by understanding issues such as ,The psychology of how consumers think, feel, reason, and select between different alternatives (e.g., brands, products);
The psychology of how the consumer is influenced by his or her environment (e.g., culture, family, signs, media);
The behavior of consumers while shopping or making other marketing decisions;
Limitations in consumer knowledge or information processing abilities influence decisions and marketing outcome; The Importance of Families and Households on consumer Behaviour : The Importance of Families and Households on consumer Behaviour Marketers must exercise care in analyzing consumer behaviour.
Consumers often turn down what appears to be a winning offer.
As soon as managers believe that they understand their consumers, buyer decisions are made that appear to be irrational.
But what looks like irrational behaviour to a manager is completely rational to the consumer. Buying behaviour is never simple.
It is affected by many different factors.
Yet understanding it is the essential task of marketing management. People coming from the same subculture, social class, and occupation may have quite different lifestyles. Slide 4: A lifestyle is a person’s pattern of living as expressed in his/her activities, interests and opinions.
Lifestyle portrays the “whole person” interacting with his environment. A person belongs to many groups: family, clubs, and organizations. What is a family? : What is a family? A family is a group of two or more persons related by blood marriage or adoption who reside together .
The nuclear family is the immediate group of father, mother, and children living together.
The extended family is the nuclear family, plus other relatives, such as grand parents, uncles and aunts, cousins, and parents-in law.
The family into which one is born is called the family orientation, whereas the one established by marriage is the family procreation Structural variables Affecting Families : Structural variables Affecting Families It includes the age of the head of the family, martial status, presence of children, and employment status. Three sociological variables that help explain how families function Slide 7: Cohesion:
Is the emotional bonding between family members. It measures how close to each other family members feel on an emotional level .
Cohesion reflects a sense of connectedness to or separateness from other family Slide 8: Adaptability:
Measures the ability of a family to change its power structure, role relationships, and relationship rules in response to situational and developmental stress.
The degree of adaptability shows how well a family can meet the challenges presented by changing situations Slide 9: Communication:
Is a facility dimension, critical to movement on the other two dimensions .
Positive Communication skills (Such as empathy, reflective, listening, support comments.) Changing needs as they relate to cohesion and adaptability. Family Decision Making : Family Decision Making Whether to buy;
Which product to buy (pick-up or passenger car?);
Which brand to buy;
Where to buy it; and
When to buy.
he decision maker may specify what kind of product to buy, but not which brand;
The purchaser may have to make a substitution if the desired brand is not in stock;
The purchaser may disregard instructions (by error or deliberately). The Nature of Family Purchase : The Nature of Family Purchase Initiators(s): The Family member who first recognises a need or starts the purchase process.
Information gatherer(s): The individual who has expertise and interest in a particular purchase.
Different individuals seek information at different times or on different aspects of the purchase. Slide 12: Influencer(s): The person who influences the alternatives evaluated, the criteria considered, and the final choice.
Decision maker(s): The individual who makes the final decision .Of course, joint decisions also are likely to occur.
Purchaser(s): The family member who actually purchases the product. This is typically an adult or teenager.
User(s): The user of the product .For many products there are multiple users Conclusion : Conclusion Mastering the skills and milestones of each stage allows you to successfully move from one stage of development to the next.
If you don't master the skills, you may still move on to the next phase of the cycle, but you are more likely to have difficulty with relationships and future transitions.
Family life cycle theory suggests that successful transitioning may also help to prevent disease and emotional or stress-related disorders.
Whether you are a parent or child, brother or sister, bonded by blood or love, your experiences through the family life cycle will affect who you are and who you become.
The more you understand about the challenges of each stage of the cycle, the more likely you are to successfully move on. The stress of daily living or coping with a chronic medical condition or other crisis disrupts the normal family cycle