Actual Consumer Behaviour

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Chapter I.

Introduction

As entrepreneurs, we like to pretend that we can predict consumer behavior. We perform advanced

market research, commit to large surveys and pay good money to people to try and evaluate our

products. Business school teaches you how to do all these things and how to make a “best guess”

at your consumer’s behavior, including price points and buying habits. Unfortunately, real

audiences rarely behave according to these “best guesses” -- at least not exactly. Variables in those

reactions can, and will, come up eventually, and when they do, you need to know how to handle

them without panicking and starting over. Based on extant literature, studies have shown that

consumers adjust their attitudes toward a product according to its country-of-origin. This could be

local home country bias or foreign country bias depending on individual orientation. The study

compares Nigerian shoppers/consumer preferences for foreign and domestic produced clothes and

shoes. Nigerian shoppers/consumers show more positive preference to foreign made clothes and

shoes than to made in Nigeria, and that they are willing to pay higher price for foreign made clothes

and shoes because they know that it is of a superior quality than made in Nigeria ones. Results also

suggest that country of manufacture and product quality strongly influence consumer decision of

purchasing foreign available clothes and shoes. The study provides insights with respect to

Nigerian’s preference of foreign made clothes and shoes to locally-made one. Filipinos want food,

beverage and cooking choices to be fast, easy and convenient. Over the 5 past years, growth of

purchase in ready-to-drink Choco drinks (21%), ready-to-drink coffee (17%) and ready-to-drink

energy/sports drinks (11%) have increased. Quick and easy meal purchases have also increased

including those of instant noodles (9%), instant pasta (7%) and canned meat (7%). There has also

been purchase growth among products that make cooking easy, including meal flavorings (17%),

liquid seasoning (11%), breading (7%) and bouillon (5%). These patterns have been seen more in
South Luzon and Mindanao, among consumers from the socio-economic class C who are mostly

from young and adult homes. The main of objective of this study is to strengthen the relationship

between the consumers, build Relationship Marketing, and learn to adapt to the consumer’s actual

behavior.
Chapter II. Body

As we, all know consumer needs tend to change gradually with time. The likes, dislikes, tastes and

preferences of consumers change with time. For example, a girl who liked a dress when she was

15 might not like the same dress when she is 25. Marketers too need to study the market and

acquaint these changing factors to survive in the market and retain customers. In a consumer

market, there are many suppliers and consumers, so the marketer needs to work accordingly to

motivate the consumer and retain him. In a consumer market, there are many suppliers and

consumers, so the marketer needs to work accordingly to motivate the consumer and retain

him/her. That’s why we need to adapt to the actual behavior of the consumers in order to develop

a Relationship Marketing. Relationship Marketing is very much beneficial while seeking to

establish a long-term relationship with the customers. The idea behind relationship marketing is to

retain regular or old customers. Acquiring new customers is quite difficult as compared to retaining

existing customers. In relationship marketing, the focus is on retaining customers for longer runs.

For this purpose, the marketer pays more attention on providing orientation of the benefits for

taking those products.


Chapter III. Conclusion

We should not focus on the things that our school taught us about consumer behavior rather adapt

to reality, That not all consumers can be predicted by their behavior. Everyone has different

personalities therefore we encounter different behaviors. That’s the reason why we had troubles

on dealing with consumers sometimes because if they show a different behavior that the school

didn’t taught us how to handle it, we will think that the consumer is becoming arrogant or

disrespectful towards us, thus we let our emotions take over and that’s where the commotion

happens. That’s why we really need to adapt on the actual consumer behavior for us to keep our

relationship with our consumers.

References

 https://www.entrepreneur.com/article/250298

 https://www.tutorialspoint.com/consumer_behavior/consumer_behavior_relationship_ma

rketing.htm

 https://www.rappler.com/business/38219-4-factors-explain-filipino-buying-behavior

 https://www.omicsonline.org/open-access/nigerian-shoppersconsumers-preferences-for-

foreign-and-domesticproducts-case-study-of-clothes-and-shoes-2168-9601-1000258.pdf
ACTUAL CONSUMER BEHAVIOR

In partial fulfillment
of the requirements
In
Study and thinking skills

An analytical paper
presented to
Maricar Gemongala

Norvic Jam V. Bañaria


2nd year College
April 2019

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