Tuesday, November 4, 2014

Consumer behavior from an anthropological point of view [2nd resource]


Consumer buying behavior and decision making – Jason C.H. Chen

In relation with the last book, here, the author tries to show how attitudes, believes and human behavior can influence the purchase of a customer. 

a)      Definition

In his book Jason C.H. Chen introduces the consumer behavior as ‘the mental and emotional processes and physical activities people engage in when they select, purchase, use and dispose of products or services to satisfy particular needs and desires.’



b)      Factors to understand consumer behavior

For him, it exists four important factors to understand it:
- The size of the consumer market, 
- The changes in consumer shopping habits and purchase decisions, 
- The emphasis on consumer-oriented marketing, 
- The design of effective marketing strategy.

Monday, November 3, 2014

Consumer behavior from an anthropological point of view [1st book]

It is interesting to study consumer behavior with an anthropological point of view because the method is more qualitative and observational than with a psychological point of view in which a lot of statistics are used.
I found 3 resources about consumer behavior from an anthropological and sociological point of view. On this first book, a french book, the author tries to relate the consumer behavior with the marketing to understand how a company can reach customers and make them loyal.  

1. Comportement du consommateur et marketing (consumer behavior and marketing) – John V. Petrof 
In this book, the main points is that it can be easy to reach customers analysing how they behave. Here, the author tries to link 2 human values to marketing. 

Motivation & Marketing
For J. Petrof, it is important to know the consumer’s motivation to get marketing strategies more efficient. Indeed, companies and products have to create an image which has to correspond with customers’ needs and desires, which are an important source of motivation. Thus, marketing managers have to help consumers to discover what they are missing.

In his book, the author also shows two types of characteristics in a product which can cause purchase motivation by a consumer:
- Tangible (for example for a car: the customer will check its color, its dimensions, its power, etc.)
- Inviolable (for example the brand, its reputation, its prestige, etc.)


Learning process & Marketing
The learning process theory has contributed to explain consumer behaviors and to show how they pass from a behavior to another. Thanks to its theory, marketing managers can understand how the consumers prefer some products to others, so it can be easy for them to persuade customers to adopt their own products.

Moreover, according to the author, the consumer behavior is still the same, that is to say: 

Example: Drink can be the need and the thirst becomes the reason to fulfill this need. Consumer knows that he has several ways to satisfy his need: drink water, juice, soda, etc. By basing on his former experiences and others learning processes, the consumer will make a choice.


What it is important here is what the author calls “positive reinforcement”. If a customer finds his choice satisfying, a positive reinforcement takes place because the customer will create a positive association between the product and the need satisfaction. Thus, if the same need appears again, the customer will try to satisfy it with the same product. So, it is important for the company to be the first to satisfy all the needs of the customers. 

Sources:
- http://books.google.fi/books?id=UPS-oR0XPOYC&pg=PA193&lpg=PA193&dq=consumer+behavior+and+marketing+John+Petrof&source=bl&ots=bv6mA9kd1k&sig=ujCMfJIQWqTPstUYZnJ1OSOV16o&hl=fr&sa=X&ei=52hXVMmqMcLtaoLzgtgD&ved=0CDIQ6AEwAg#v=onepage&q=consumer%20behavior%20and%20marketing%20John%20Petrof&f=false

Decoding the New Consumer Mind
In the following blog entries I will present the main useful issues of the book "DECODING THE NEW CONSUMER MIND" which may help the team to find the right approaches for SOKOS Wiklund.


Chapter 1: Rewired Brains


Technology and Consumer Behavior:
Over the past few years the relation between technology and consumer has changed significantly. Nowadays you can say that new technologies influence our behavior. Kit Yarrow lists some very interesting facts concerning humans and new technologies:
  1. "The average American household has six Internet connected devices." 
  2. "More than one-third of marriages between 2005 and 2012 began online."
  3. "In 2004, YouTube didn't exist. Today, one-hundred hours of video are uploaded every minute of every day and over a billion unique users visit Youtube every month."
With these facts he underlines the highly importance of Internet for people living in the 21st century. Nowadays it is impossible to avoid the usage of internet. Especially companies have to be fully aware of the internet trends and how they will develop in future.

But why do people buy and how has technology changed their minds?
In general people buy things to elevate their emotional state, whether by removing a negative, satisfying aspirations or gaining a positive. In this context technology has created a new set of "problems" and emotional needs and new ways of interacting with the market place.

Kit Yarroe names five psychological shifts caused by use of technology:
  1. Innovation optimism
  2. Consumer enpowerment
  3. Faster ways of thinking 
  4. Symbol power
  5. New ways of connecting
In the next blog entries I will break these shifts more down and give more details.

TED convention : Seth Godin and Tribes



A video about Tribes from Seth Godin point of view. In this video, he speaks about the tribes in general but I think we can apply some ideas for the consumer behavior.
At the end, he also speaks about leadership and what a leader has to do (I think it's interesting to take on board this part in the consumer behavior: that the person who lead them is very important)

Saturday, November 1, 2014

HS 1/11

Found an interesting article where largest Finnish department store chain admits that they have failed with their customer service

(Only in Finnish)


http://www.hs.fi/talous/a1414552540787