Analyzing Consumer Markets

What Influences Consumer Behavior?

cultural factors

social factors

personal factors

economic circumstances

personality

lifestyle

cliques

family

status

age

stage in life

Psychological Processes

Motivation

Maslow's hierarchy of needs

Herzberg's satisfaction theory

Perception

touch

smell

spund

taste

vision

selective attention

Learning

drive

cues

Emotions

Memory

short-term

long-term

encoding

retrieval

Buying Decision Model

problem recognition

info search

evaluation of alternatives

purchase decision

postpurchase behavior

personal

public

commercial

use or disposal