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Essay on impulse purchasing
Examples of cultural influences on consumer behavior
Examples of cultural influences on consumer behavior
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1: INTRODUCTION Consumers are of different kind, on the bases of age, Gender, income education level, culture and tastes. Consumer impulse buying pattern is affected by different factors which mainly include Cultural factors, Social factors, Personal factors etc. All these factors influence the consumer in different stages and times and shape the Consumer Behavior accordingly, and consumer selects a product or service in terms of these factors. Marketers and researchers use different type of tools in order to enhance the promotion of products through impulsive buying behavior of customers. Many variables impact impulse buying behavior of customers. For over fifty years, consumer researchers have strived to form a better definition of impulse buying. Early studies on impulse buying stemmed from managerial and retailer interests. Impulse buying occurs when a consumer experiences a sudden, often powerful and persistent urge to buy something immediately. The impulse to buy is hedonically complex and may stimulate emotional conflict. Also, impulse buying is prone to occur with diminished regard for its consequences (Rook, 1987) Impulsive purchasing is, generally defined as, a consumers unplanned purchase which is an important part of buyer behavior. An impulse purchase or impulse buy is an unplanned decision to buy a product or service, made just before a purchase. Previous research has classified impulse purchasing into four types: pure, suggestion, reminder, and planned pure impulse buying signify a situation where the purchase is outside of the normal purchase behavior and is initiated by emotional appeal. (Jeffrey & Hodge, 2007) This study partly relies on the previous research of factors effecting impulse buying behavior of custo... ... middle of paper ... ..., Disagree =2 and Strongly Disagree = 1) where respondents are asked to put tick mark on fifteen statements. These fifteen statements are selected on the basis of variables selected in this study of impulse purchasing. Finally consumers are asked to put a comment about impulse buying behavior purchase. Questionnaire is used to collect primary source of information. While different Websites, related articles and books are the secondary sources of information. Data Analysis Technique From the literature review, researcher finds out 3 variables which have significant influence on customer’s Impulse buying behavior. 15 questions are designed on the basis of selected variables found from the literature Review. Which have most influence on impulse purchasing behavior at Gilgit city? Factor analysis is conducted on those 3 variables. Instrument development selection:
Here I go again preparing to go to the store Stater Bros and checking my shopping list to see what to buy. As I walk through the store to my left, I can see the organic food and wind up at Services Deli while when going to my right. Buying prepared food saves me time cooking at home and the store has exclusive recipes for everyone. “Human begins walk the way they drive, which is to say that Americans tend to keep to the right when they stroll down shopping mall concourses or city sidewalks,” according to Malcolm Gladwell in his article “The Science of Shopping” (1). He explains how consumers’ shopping behaviors are affected by walking from scanning from left to the right and how it is easier for shoppers to do. Charles Duhigg, writer of The Power of Habit, says that “Realization came from a growing awareness of how powerfully habits influence almost every shopping decision. A series of experiments convinced marketers that if they managed to understand a particular shopper’s habits, they could get
Have you ever thought about why you made a purchase? Or better yet, what decisions or attributes pointed you towards that specific purchase? It could have been because the product was cheap, aesthetically appealing, or simply something you have been motivated to buy for quite some time. Dan Ariely, author of Predictably Irrational, explores how individuals behave in ways that are irrational, yet do consistently, and predictably, without even realizing it. Individual’s irrational behaviors are not random, and we repeat the same mistakes over and over again making them predictable. Nevertheless, by understanding that individuals are predictably irrational, it will later encourage them to do something differently when making other consumer behavior
Why do we buy? For some of us it would be difficult to survive without the purchases of necessities. But, rather than the needs of humans, why do we buy the products that are not necessarily, well, necessary? The brands and products we adore so much have become a habit of particular interest to us. For example, if you need laundry detergent, how often do you switch brands every so often? The answer is probably never. We stick close to our hearts during buying decisions, and even then they might be unconscious decisions that we just make. Buying used to be an overwhelming task. Sifting through multiple brands, checking prices, and ultimately making a decision that fits the personal consumer on the individual level. Now, we can finish an entire shopping list in one lap
Ariely displays how this instinct appears with buried costs that expose the illusion of rational customers. Even if the instinct people get is from standing in line waiting to get something for free or hoarding worthless free junk they don’t need, people are constantly trying to get anything for free. In Chapter three Ariely conducted an observational experiment to find the answer on
spending “is defined as a sudden strong tendency to buy products which the customer had not
When we ask ourselves why do people Shop, the first answer that come to our minds is because they need something that they do not yet possess.
Additional four aspects of consumer personality have also been given, which include consumer materialism, innovativeness, compulsiveness, and ethnocentrism. Both Freudian and Non-Freudian aspects can be at play in influencing the consumer to purchase VW. Internally, consumer might have realized that the current car is not safe or that it consumes too much gas or has outdated design. Externally, the consumer might have got the desire to purchase a new car after seeing a friend, who drove a new car, because of inherent competitiveness. So, both Freudian and Non-Freudian aspects of personality could have played a role. In addition, consumer materialism can be another determinant of consumer’s desire to purchase a new car. The intent of the consumer to purchase a new car resulting from Non-Freudian aspects of personality is indicator of consumer materialism. Additional personality factor which are likely to influence are the lifestyle and social status of the person and how they impact the
There are many situational factors that can affect the purchasing behavior of a consumer. Situational influences “can be defined as all the factors particular to a time and place that a demonstrable and systematic effect on current behavior” (Peter & Donnelly, 2013). In other words, situational influences are
...chase the product again, and are also inclined to say good things about the brand to others; the opposite applies to customers who are dissatisfied with the products. Value also affects post purchase behaviour, as research shows that 56 percent of Irish consumers agree, that if they purchase something that was not on sale, they feel like they have overpaid (Board Bia, 2012).
In an article called Cultural Factor Highly Influences On Consumers & Their Buying Behavior – In Indian Context, the basic characteristics of culture are described:
In order to get an initial understanding of the driving forces of second-hand shopping, the existing literature about what guides consumer behaviour must first be studied. Thus, this literature review deals with theory concerning consumption behavior, in particular, motivations because motivations is the reason for behaviour (Hawkins, Best & Coney, 2004, p.355. Motivations is the why people do something, so in order to understand why consumers shop, examining underlying motivations is crucial. Already in 1985 - after discussing several quite diverse studies about shopping orientations towards shopping or shopping typologies - did two authors suggest that examining motivations underlying shopping behavior would offer a better conceptual framework
People buy things not necessarily because they need things, but because they want things. One reason why people may buy things they do not need is because of advertisements. Advertising seduces people into buying things that they don't need because they always make the product seem way better than it actua...
They do not buy anything for reasons that they do not have money or they need that money for something else. In fact these shoppers can be at a store for hours and not purchase a single item. I can say that I am a window shopper most of the time. I can look around for hours and not buy anything at all. I basically look at things that I want to buy for when I do have the money for it. I’ve noticed a lot of people do the same thing, they join friends to the mall to just hang out and they end up window watching, walking in and out of
consumers will buy impulsively when they see them in the store. It is with this strategy
The research on consumer behavior assists the organization recognize and forecast the purchase behavior of the consumers while they are purchasing a product. Thus, the study of consumer behavior helps the marketers not only to understand what consumer's purchase, but helps to understand why they purchase it (Kumar, 2004). There are a lot of elements which can influence the purchase decision of consumers such as social influences, cultural influences, psychological factors and personal factors (Super Professeur, 2011). Understanding these factors helps the company to market the product on right time to the right consumers in order to generate more profits. On the other hand, if the marketers fail to understand these components that might influence consumers, they will fail to convince the consumers to purchase that product or will fail to meet the demands of consumers. However, consumer behavior is one of the stimulating and challenging areas in marketing studies being a human activity focused on the products and services. Thus understanding the behavior of the consumers is a great challenge. Moreover, it is not easy to get a full picture of consumer behavior as customers make plenty of different buying decision every day and they usually do not know exactly what influences their purchase. In short, basing on all