Consumer Behaviour

Paper Code: 
BSG 217
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 
OBJECTIVE: 

The objective of the course is to help the students understand the buying motives and the consequent purchase decision process of a buyer. It helps understand the consumer psychology and the factors influencing buying decisions.

 

 

7.00
Unit I: 
Consumer Behaviour

Consumer behaviour: Definition, concepts, importance,
Consumer research: Meaning, Consumer research process, Difference between quantitative & qualitative research
Market segmentation: Definition, importan

 

11.00
Unit II: 
Psychological factors

Consumer motivation: Meaning, Motivation process, Types of motivation (Negative, Positive), Buying motives (Rational Vs. Emotional motives), Defense mechanisms, Maslow’s need hierarchy model
Personality: Meaning, Nature, Theories of personality (Freudian theory, Non-Freudian theory, Trait theory)
Learning: Meaning, Classical conditioning model, Instrumental conditioning model

11.00
Unit III: 
Social factors:
REFERENCE GROUPS: MEANING, TYPES OF REFERENCE GROUPS (NORMATIVE, COMPARATIVE, INDIRECT), SELECTED CONSUMER RELATED REFERENCE GROUPS (FRIENDSHIP GROUPS, SHOPPING GROUPS, WORK GROUPS, VIRTUAL GROUPS, CONSUMER-ACTION GROUPS), CELEBRITIES, EXPERT, COMMON MAN, COMPANY EXECUTIVE, TRADE/SPOKES CHARACTER

Family: Meaning, Types (Nuclear, Extended, Single parent), Functions of family, Family life cycle
Social class: Meaning, Social class categories, Measurement of social class (Subjective, Reputational & Objective measures), Social class mobility (Upward, Downward)

 

9.00
Unit IV: 
Cultural factors
CULTURE: MEANING, LEVELS OF SUBJECTIVE CULTURE (SUPRANATIONAL, NATIONAL, GROUP CULTURE), CHARACTERISTICS

Sub-culture: Meaning, categories of subculture (Nationality, Religious, Geographical, Racial, Age, Gender categories of subculture)

 
 

 

7.00
Unit V: 
Post Purchase behaviour:
 

Behaviour related to purchase, Post purchase evaluation (Satisfaction, Dissatisfaction, dissonance), Product disposition

 

 

Essential Readings: 

1. Schiffman, Leon G., and Kanuk, Leslie Lazar, Consumer behaviour, Prentice Hall of India Private Limited, New Delhi
2. Solomon, Michael R., Consumer behavior: Buying, Having and Being, Delhi, Pearson Education (Singapore) Pte. Ltd., Indian branch, 2003, 5thed.
3. Loudon, David L. and Bitta, Albert J. Della, Consumer behavior, New Delhi, Tata McGraw-Hill Publishing Company Limited, 2002, Fourth ed.

References: 

1. Nair, Suja R., Consumer behaviour – Text Cases, Himalaya Publishing House, Mumbai, 2006, 7th ed.
2. Chunawalla, S. A., Commentary on Consumer Behaviour, Himalaya Publishing House, Mumbai, 2005, 3rded.

 

Academic Year: 
2014-2015
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