NotesMBAConsumer Behaviour
MBA 921-18

Consumer Behaviour Notes

Program:MBA
Semester:Semester 3
Credits:4
Units:4 Units

Subject Overview

The first Marketing group elective, covering consumer research and segmentation, individual determinants of consumer behaviour (motivation, personality, perception, learning, attitude), external influences (groups, family, culture, social class), and consumer decision-making models and opinion leadership. A 4-credit elective theory paper.

Unit-wise Syllabus

4 units — open any unit for detailed topic-wise notes, diagrams and important exam questions

  • Scope
  • importance and interdisciplinary nature
  • qualitative and quantitative consumer research
  • market segmentation uses and bases
  • consumer behaviour in the online space
  • IT and AI in consumer profiling
ClassificationBases of market segmentation
Segmentation
  • Demographic

    Age, income, gender

  • Geographic

    Region, urban or rural

  • Psychographic

    Lifestyle, values, personality

  • Behavioural

    Usage rate, loyalty, benefits sought

  • Digital

    Online behaviour, device, AI-built profiles

Study guide

This unit covers the scope of consumer behaviour, qualitative and quantitative research, segmentation, online behaviour and the use of IT and AI in profiling. Study how recommendations on shopping sites profile consumers.

Read Unit 1 notes
  • Nature and types of motives
  • personality theories and self-concept
  • consumer perception and perceived risk
  • behavioural and cognitive learning theories
  • attitude formation theories (tricomponent, multi-attribute, cognitive dissonance) and change strategies
ClassificationTricomponent attitude model
Attitude
  • Cognitive

    Beliefs and knowledge

  • Affective

    Feelings and emotions

  • Conative

    Intention to act

Study guide

You study motives, personality and self-concept, perception and perceived risk, learning theories and attitude theories and change strategies. Apply the tri-component attitude model to a brand.

Read Unit 2 notes
  • Reference groups
  • family types and decision making
  • family life cycle
  • culture and sub-culture influence
  • cross-cultural consumer behaviour
  • social class categories and measurement
ClassificationExternal influences on consumers
Social environment
  • Reference groups

    Friends, celebrities, influencers

  • Family

    Roles in buying decisions

  • Social class

    Status, income, occupation

  • Culture and sub-culture

    Values, festivals, regional tastes

Study guide

You study reference groups, family decision making, family life cycle, culture, sub-culture, cross-cultural behaviour and social class. Compare buying in joint and nuclear families.

Read Unit 3 notes
  • Decision process and models (Howard Sheth, Nicosia, Engel-Blackwell-Kollat)
  • opinion leadership process and profile
  • diffusion of innovations and adoption process
ComparisonModels of consumer decision making
Key idea
Focus

Nicosia model

Firm-consumer communication loop

Advertising to purchase

Howard-Sheth model

Inputs, perception, learning, outputs

Brand choice

Engel-Blackwell-Kollat

Five-stage decision process

Problem recognition to post-purchase

Study guide

You study decision models (Howard-Sheth, Nicosia, EBK), opinion leadership, diffusion and adoption. Plot the diffusion of a recent product.

Read Unit 4 notes

Why Consumer Behaviour Matters

Understanding consumers is the heart of marketing, brand and product work, and consumer insight is a valued skill in analytics and strategy.

How to Prepare for Consumer Behaviour

  • Interview real consumers about a recent purchase.
  • Link every model to a real brand example.
  • Study cross-cultural differences.

Consumer Behaviour: Frequently Asked Questions

What is perceived risk?

Perceived risk is the uncertainty a consumer feels about the negative consequences of a purchase.

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