Consumer Behaviour Models
Posted: Sun Dec 22, 2024 7:08 am
Consumer behaviour models
Img-4: 6 types of consumer behaviour models
We have listed 4 key consumer behavior models. Understanding these models helps to enhance the narrow and insightful understanding of consumer behavior. Howard Sheth shared various principles of consumer behavior in the book “The Theory of Buyer Behavior” in 1969.
There are a number of consumer behavior models. The italy whatsapp number models which are listed below have been developed according to the various factors that influence consumer behavior and the way consumers make decisions:
Economic Model
Psychological Model
Sociological Model
Family Decision Model
1. Economic Model
According to this model, consumers try to obtain maximum gains by spending lesser amounts. These behaviors are a direct result of factors such as Income, financial investments, and savings.
The important thing to note here is that this model provides an abrupt description of the consumers.
It defines this particular set of consumers on the basis of their income which points out that people making a larger income may tend to make more purchases.
Similarly, if the products are available at a cheaper cost, it would tend to sell more often in larger quantities.
Img-4: 6 types of consumer behaviour models
We have listed 4 key consumer behavior models. Understanding these models helps to enhance the narrow and insightful understanding of consumer behavior. Howard Sheth shared various principles of consumer behavior in the book “The Theory of Buyer Behavior” in 1969.
There are a number of consumer behavior models. The italy whatsapp number models which are listed below have been developed according to the various factors that influence consumer behavior and the way consumers make decisions:
Economic Model
Psychological Model
Sociological Model
Family Decision Model
1. Economic Model
According to this model, consumers try to obtain maximum gains by spending lesser amounts. These behaviors are a direct result of factors such as Income, financial investments, and savings.
The important thing to note here is that this model provides an abrupt description of the consumers.
It defines this particular set of consumers on the basis of their income which points out that people making a larger income may tend to make more purchases.
Similarly, if the products are available at a cheaper cost, it would tend to sell more often in larger quantities.