2.2 Consumer Behavior in Skincare market. 2.2.1 Consumer behavior definition. According to Well & Prensky (2003, p.5). Consumer behavior focuses on the study of consumers as they exchange something of value for a product or service that satisfies their needs Schiffman & Kanuk (2004, p.5) also stated that the study of consumer behavior concerns how individuals make decisions to spend their available resources (time, money, effort) on consumption According to Solomon et al. (2004) The company should study and create the marketing campaign for their target group in the short term. But in the product life cycle, due to the consumer behavior the image, target audience or function of this product can …show more content…
Because, teenagers not only have more spare time but also enjoy shopping more than their parents do. Therefore, they are increasingly given the task of buying products for the family. To gain the teenager’s attention more effectively. Blackwell et al (2001) suggested that advertising campaigns must be honest, have clear messages, and used with humor. Moreover teenagers have the tendency to be inconsistent and are likely to switch brand preference quicker than any other age group, as they have a high need to be accepted by their friends Finally, Bush et al (2004, p. 109) stated that teenagers are “easier targets, because they have grown up in a culture of pure consumerism. Because of this, they are way more tuned into media because there is so much more media to be tuned …show more content…
Simon (in 1947 and 1957) argued that economic decision-making was a vain attempt to be rational. He claimed that a complete analysis was immensely complex. He also said that peoples' information processing ability is limited. Therefore, the assumption of a perfect rational economic actor was unrealistic. And that consumers were influenced by emotional and irrational considerations making the attempts to be rational only partially successful.
2.2.2.1 Stages of purchase decision. The stages of the buyer decision process were firstly proposed by Engel, Blackwell and Kollat in 1968 the main ideas are as follows;
• Problem/Need Recognition - Recognize what the problem or need is and identify the product or type of product which is required. Page text.
• Information Search - The consumers search for the information of products they are interested at.
• Evaluation of Alternatives – This is a stage by which the consumers evaluate the alternatives obtained from information
Eric Schlosser argues that marketing to children is the easiest and most strategic way to meet sales forecasts. In his book Fast Food Nation, Schlosser states that, “eight year olds are considered ideal customers; they have about sixty-five years of purchasing in front of them.” Children are extremely malleable and easily influenced as they are forming their habits, opinions, and tastes. When companies market to kids, it is likely that the child will continue to purchase from that company as they grow up. The fast food industry greatly relies on its familiarity and consistency.
In Eric Schlosser‘s essays, the author shows how the social media are targeting children by their ads and advertisements. He exposes the negative side of advertising especially when children are implicated. The author explores children’s cooperation with these companies whether consciously or unconsciously through their behavior and ways of convincing their parents to get them what they want. He mentions how these same parents by lack of spending enough time with kids pamper them and don’t refuse their desires. Schlosser gives more explanations by introducing several examples of these companies such as Disney, McDonald, clothes, oil, and phone companies, too without openly blaming neither of them.
In the quest to get the advertised product, children tend to pester their parents to buy them such products. Children’s capacity to comprehend advertisements Research
Kids can be taught that what’s on an ad isn’t necessarily what they need.” At the end, marketers must maintain an appropriate structure or strategy without using people in a bad way. If it’s possible for a child being obsessed with a toy and food box, then it’s possible for him to like a sweet fruit box with an interesting book or comics, magazines etc. if we can support or teach them. We must accept that healthy food, exercising, protecting environment, enjoying beautiful sides of life, even choosing the best music or watching the proper advertisement - they are the best solutions for a good future even though they may be hard for some people to adapt.
The commercials on the television, the advertisements placed on newspapers and the banners by big conglomerates have one thing in common: They are mostly geared towards children. Chapter 2 of the book Fast Food Nation, written by Eric Schlosser provides a history of two big American companies, McDonalds and Disney, and how their selfish desires led to marketing directed towards children. Schlosser’s central idea and usage of argumentative techniques along with bias define this chapter’s purpose as an educational work designed to reveal the antics of big money corporations. The central idea of this chapter is focused solely on the greed and selfishness of big corporations as they try to advance their business and gain profits while being
The corporate giant Viacom, however, faced difficulties marketing to such audience. Stubborn teenagers are unresponsive to conventional marketing messages. By conducting focus groups, researchers have learned that teenagers respond to ‘cool’. Accordingly, the merchandise industry had to embrace new marketing strategies.
When launching a new product or service, a company needs to develop the key group of customers in which they are targeting. There are many steps in identifying the target market; one of these steps is to look at past marketing plans in a company and collect information to produce a customer profile. This profile is important because “it influences the objectives, creation of the communications message and the channels and media mix being selected” (Gbadamosi and others, 2013, p. 275). When this profile is solidified, the appropriate methods to make a successful marketing plan can take action to launch the new product or service. Nordstrom’s Treasure & Bond, is a new clothing line by the leading fashion specialists, targeting 18-30 year
Do companies create consumer demand or simply try to meet customers’ needs? I believe advertising shapes as well as mirrors society. A case in point, advertisements can shape society's perception of ‘beauty." For instance, in magazines and movies, quite often young girls strive to look-like and emulate the digitally enhanced images of women in magazines. As such, some critics argue that advertising abuses its influence on children and teenagers in particular, amongst others.
Over the past twenty years, the amount at which advertisers are advertising to children is astonishing. Advertising directed towards children has estimated at over 15 million annually that’s almost three times more than what it was 26 years ago! Toy companies, fast food places, and retail stores are very eager to target children-maybe even a little too eager. Advertisers are consciously targeting children. Most advertisers are targeting children because they're easier to get hooked on a product.
In a marketing communications strategy the first objective is to identify the target audience. In the case of Kellogg’s they have two main audiences, the purchaser who is the parents and the influencer who is the children. Kellogg’s tend to have specific target audiences for each of their products. For example, Kellogg’s Corn Flakes targets families, Kellogg’s Special K targets women and/or health conscious women and Kellogg’s Coco Pops targets children.
Porsche 1. Analysis of the buyer decision process of a traditional Porsche customer. There are five stages in buying decision process which are shown through following diagram: Porsche is a reputed company and it is well known to customers. In case of difficult situation of purchase, customer can follow all the five stages such as purchasing of durable goods of new brand.
Their target customers are young people in all kinds of education levels, religions, race and nationality. The occupation of their target customers could be very wide but mainly are sports player and athletics. It is because athletics are more rapidly to use sports products than other people. Their target customers are from different generations: Generation X, Generation Y. Psychographic Their target customers are people who care more about the utility and quality of the product than the price.
1. INTRODUCTION Apple Inc. Official, a famous IT company in the world, began with a computer. They produce electronic gadgets with a good quality and attractive over the year. With their massive success, however, they are actually having problems, regardless internal or external problems.
So most of the people know what is a rational choice but still act irrationally and make poor financial decision. So now the real question is why human beings do this. The main reason is that most of us are lazy or do not have time to think thru the ups and downs of a decision. So why shouldn’t people make irrational decisions. It is because most of the time making irrational decision might make people worse of than
Literature Review on “Digital marketing strategy use to influence children” Abstract: This literature review focus on digital marketing, advertising to children and use of digital device. While many new marketing technique are being developed using the internet and digital devices as communication tools, little literature will consider the implications for children in-depth. Partly because the field of digital marketing is growing so rapidly, and partly because children use of the internet is increasing so fast and at the young age, much of the academic literature struggle to keep up with new trend what literature does exist trends to be highly critical, but is not necessarily based on sound search that looks at the real world of children’s