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Understanding Consumer Behavior Trends

The document provides an overview of consumer behavior, defining it as the processes individuals or groups undergo when selecting and using products to satisfy needs and express identities. It discusses the importance of researching consumer behavior for improving product competitiveness and designing effective marketing strategies, highlighting current trends such as social media influence, artificial intelligence, and the sharing economy. Additionally, it addresses the evolving consumer expectations for authenticity, personalization, and ethical living.

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0% found this document useful (0 votes)
7 views11 pages

Understanding Consumer Behavior Trends

The document provides an overview of consumer behavior, defining it as the processes individuals or groups undergo when selecting and using products to satisfy needs and express identities. It discusses the importance of researching consumer behavior for improving product competitiveness and designing effective marketing strategies, highlighting current trends such as social media influence, artificial intelligence, and the sharing economy. Additionally, it addresses the evolving consumer expectations for authenticity, personalization, and ethical living.

Uploaded by

taitdk25407e
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

23/12/2025

Chapter 1
OVERVIEW

Content

[Link] of consumer behaviors and customer experience


2. Consumers behavior process
3. Reasons to research consumer behavior
4. Some current trends in Consumer Behaviors

1. Definition of consumer behaviors

“the processes involved when individuals or groups select,


purchase, use, or dispose of products, services, ideas, or
experiences to satisfy needs and desires and to define and
express their identities”
Solomon & Russell (2024)

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1. Definition of consumer behaviors

Consumer behavior is dynamic: It is an ongoing process


Consumption refers to all facets of the consumer behavior
process, which include how we observe and make sense of the
world around us, how we choose and purchase things, and how
we communicate our identity and sense of self in society.
People buy products not for what they do, but for what they mean

Types of relationships a person might have


with a product

Self-concept attachment—The product helps to establish the user’s


identity.
Nostalgic attachment—The product serves as a link with a past self.
Interdependence—The product is a part of the user’s daily routine.
Love—The product elicits emotional bonds of warmth, passion, or
other strong emotion.

Overall Model
of Consumer
Behavior

Source: Mothersbaugh, D. L.,


Hawkins, D. I. & Kleiser S. B.
(2020). Consumer Behavior:
Building Marketing Strategy,
14th ed. McGraw-Hill

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3. Reasons to research Consumer Behaviors


Changes in marketing points of view
Old approach New approach
 Marketing was a function  Marketing is a philosophy
 Managing the current state  Managing the change
 Sellers’ power  Buyers’ power
 Customers accepted all orders  Selecting customers
 Vendors dominated  Customers dominate
 Customers had little information  Customers have a lot of
 Focus on direct customers information
 Focus on indirect, direct, current
and potential customers

3. Reasons to research Consumer Behaviors

Importance of studying consumer behaviors


Improving product competitiveness
Launching new products
Designing influencing marketing strategies

3. Reasons to research Consumer Behaviors

Improving product competitiveness


• customers’ noticeable needs
• niche markets

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3. Reasons to research Consumer Behaviors

Customers’ noticeable needs


People who don’t like tucking

3. Reasons to research Consumer Behaviors


Niche markets
Food-allergy segments

3. Reasons to research Consumer Behaviors


Designing influencing marketing strategies
advertising on social media
impressive and memorable content

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3. Reasons to research Consumer Behaviours

Customers aren’t satisfied with the product/service

47% switch brand 27% get frustrated

91% leave without


warning 40% recommend others
not to support

LOSS

Source: [Link]

3. Reasons to research Consumer Behaviors

68% of customers leave you because of your


staff’s negligence and bad attitude.
Source: [Link]

3. Reasons to research Consumer Behaviors

Segmentation
Consumption rate: 80/20 rule
Age, gender
Lifestyle
...

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3. Reasons to research Consumer Behaviors

Segmentation
Segmenting by Behavior: Relationships and “Big Data”
Relationship marketing interact with customers on a
regular basis and give them solid reasons to maintain a
bond with the company over time.
Database marketing tracks specific consumers’ buying
habits closely and tailors products and messages precisely
to people’s wants and needs based on this information

4. Some current trends in Consumer Behaviors


Social Media: The Proactive Consumers and
Horizontal Revolution User-Generated Content
Artificial Intelligence Sharing economy
“Big Data” and Data Authenticity and
Analytics personalization
Globalization of Brands Blurring of gender identity
and Cultural Practices and gender roles
Healthy and ethical living

4.1 Social Media: The Horizontal Revolution

The explosion of social media takes “word of mouse” to a


whole new level because it has created a horizontal
revolution.
Communications not only flow top-down from companies
and established media to passive recipients but also flow
across regular users (hence the word horizontal) through
social media.

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4.2 Artificial Intelligence

Machine learning
analyzes customer
data and predicts
their behaviors to
provide more
individualized ad
effective marketing
strategies.

4.2 Artificial Intelligence

Chatbots: are used


for replying
customers’ questions,
sales consultation,
online customer
service, etc.

4.2 Artificial Intelligence

Augmented Reality:
Augmented reality is an
interactive experience
that enhances the real
world with computer-
generated perceptual
information
Example: Nike Fit app

[Link]

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4.3 “Big Data” and Data Analytics

Consumers are generating massive amounts of information


that hold tremendous value for marketers.
Source: climate information, comments on social media
sites, credit card transactions, GPS signals in smartphones
that let organizations know where most consumers are, etc.

4.4 Globalization of Brands and Cultural


Practices
in-group bias: They prefer culturally related brands that
meet their desire to connect with “home” and their home
culture.

4.4 Globalization of Brands and Cultural


Practices
consumers can feel a sense of cultural distinctiveness
that drives them to seek out brands that represent other
cultural groups

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4.5 Proactive Consumers and User-Generated


Content (UGC)
Consumers can voice their opinions about products,
brands, and companies on blogs, podcasts, and social
networking sites.
Factors leading to UGC:
• technology and
• the gap between the content that customers want to see from
organizations and the content that they’re getting

3.6 Share economy

A continued blurring of the boundary between producers


and consumers, as everyday people take on the roles of
hoteliers, taxi drivers, and even advertising agencies. We
will see a de-emphasis on the value of owning products
such as automobiles and power tools as opposed to leasing
them on an as-needed basis.

3.6 Share economy

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3.6 Share economy

3.7 Authenticity and personalization

Consumers also will demand more individualized


experiences rather than buying mass-market products and
services.

3.7 Authenticity and personalization

Shoppers are willing to pay more for an item when they


know exactly where it comes from, and they are assured
that “real people” have thoughtfully selected the things
from which they choose

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3.8 Blurring of gender identity and gender roles

The continuing movement away from “gender binarism”


as gender identity becomes more fluid and more people do
not identify themselves as male or female.

3.9 Healthy and ethical living

A continued focus on wellness, physical fitness, and


environmental sustainability

THANK YOU

11

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