Marketing

Lecture on Analyzing Consumer Behavior

Lecture on Analyzing Consumer Behavior

Primary objective of this lecture is Analyzing Consumer Behavior. Generally Cultural factors; Social factors and Personal factors are influences Consumer Behavior. Culture is the fundamental determinant of a person’s wants and behaviors acquired through socialization processes with family and other key institutions. In this lecture briefly describe on how do consumer characteristics influence buying behavior; how do consumers make purchasing decisions and how do marketers analyze consumer decision making.