Week 4 - Retail Consumer Behaviour & Market Segmentation
Week 4 - Retail Consumer Behaviour & Market Segmentation
MARKETING
Mirandha Ariesca Riana, S.E., M.M
[email protected]
Retail Consumer Behaviour &
Market Segmentation
Learning Objectives
To evaluate explanations for consumer motives for shopping
To apply consumer behaviour theory to retailing
To evaluate market segmentation theory and techniques
To demonstrate how market research enables retailers to understand consumer
behaviour
To explain how consumer behaviour impacts upon retail marketing decisions
Blackwell et 3
decider: has the power or money to select
al. (2000) a product or service
Opinion Early
Leaders Adopters
Laggards
those who influence others to influential at more of a local those who take a very long
purchase through WoM level, buying innovations when time to adopt innovations, if at
recommendations or more tacit they are still relatively new, all, with a tendency to be in
behaviour. Opinion leaders often under the influence of older age brackets and lower-
actively seek out new innovators. The ‘early majority’ income groups than people in
innovations and are willing to adopt innovations a little later
the previous categories. This
go out of their way and spend than early adopters, but before
can therefore restrict their
more than most to acquire the late majority, who wait
ability to invest in new
them. Influential opinion until new products or services
leaders include journalists and are widely socially accepted products.
bloggers before investing in them
The Power of PowerPoint - thepopp.com
Consumer Loyalty
Behavioral
psychographic
segmentation