1.define the five types of situations influence on consumer behavior. Briefly discuss how antecedent state and social surroundings may influence consumer purchase decisions
Situation influences are temporary conditions, which impact the consumers buying decisions. It determines whether a consumer buys the product, the consumer makes additional purchases or decides not to buy from you at all.
The five type of situations influence are as follows:
The antecedent state is that the consumer is impacted by his mood, the amount of net disposable cash and the amount of cash on him. The consumer its credit card is likely to make more purchases than the consumer using a debit card or cash. Similarly, a consumer will spend more at happy moments then at sad moments, for example, people will splurge on birthdays, weddings and other celebratory moments.
The social surroundings impact consumers as human beings are social beings and are influenced by society when making a purchase decision. If a person is spending more time socializing with high end, high-status individuals will opt for products that are branded and in the premium range. They will also dress to match the status image requirements. The consumers are looking towards friends for acknowledgment and like to make purchases that improve their prestige and social status. The individuals tend to take friend's advice while making high-value purchases like house, car, mobile, etc. It is observed that a person makes more purchases when accompanied by friends and is prone to more impulse buying. The consumer behavior is directly impacted by friends opinions and advice. Shopping is a social experience and consumers will blindly buy products approved by other members of society.
1.define the five types of situations influence on consumer behavior. Briefly discuss how antecedent state and...
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