When a customer adds a product to the cart at your online store but doesn't complete the purchase, that cart can be considered as an abandoned cart. Sending automated abandoned cart recovery email reminders is the most effective and hassle-free method for making customers come back to the store and recover their abandoned carts.Since then, technology
moved fast to meet the demands of this new type of shopper. Ecommerce platforms like Shopify democratized the industry, allowing a small business to sell directly to consumers anywhere in the world. Social commerce, mobile wallets, and AI tools round out the ecommerce we know Consumer behavior refers to the study of individuals, groups, or
organizations and the processes they use to select, secure, use, and dispose of products, services, experiences, or ideas to satisfy their needs and desires. Understanding consumer behavior is crucial for businesses as it helps them develop effective marketing strategies and deliver products and services that meet consumer demands. This discussion will
comprehensively explore the topic of consumer
behavior, drawing upon relevant references in Harvard style. (Engel et al, 1995) provides a comprehensive overview of consumer behavior. It covers various topics such as consumer motivation, perception, learning, attitude formation, and decision-making processes. The authors examine both individual and group influences on consumer behavior, including
cultural, social, and situational factors. One prominent theoretical perspective in consumer behavior is the information-processing approach. According to this perspective, consumers engage in active information search and evaluation before making purchase decisions. This approach emphasizes how individuals gather and process information to reduce uncertainty
and make rational choices (Gbadamosi, 2020). For instance, research has shown that consumers tend to compare different product options by evaluating attributes such as price, quality, and brand reputation (Ahmed et al, 2002). This active processing of information helps consumers make informed decisions and avoid potential risks associated with purchasing a
product or service The book also explores
how marketing strategies can be tailored to effectively target and influence consumer behavior. (Solomon, 2019) delves into the study of consumer behavior by considering the psychological, social, and cultural aspects that influence consumer decision-making. The author explores how consumers make purchasing decisions based on their individual needs,
personality traits, and perception of self. The book also discusses the impact of social influences, such as family, reference groups, and culture, on consumer behavior. Additionally, it examines the post-purchase experience and consumer satisfaction. Another important theoretical perspective in consumer behavior is the social and cultural influence approach.
This perspective highlights the impact of social factors and cultural norms on individuals' buying behavior. Social influence refers to the impact of other people on an individual's attitudes, opinions, and behaviors (Wood, 2020). For instance, research has shown how social networks and online reviews shape consumers' perceptions and influence their
purchasing decisions Culturalinfluence
on the other hand, focuses on how cultural values and traditions shape consumers' preferences and behaviors (Hofstede, 1980). For example, consumers from collectivist cultures may prioritize the opinions of family and friends when making purchasing decisions. Additionally, the emotional perspective of consumer behavior considers the role of emotions
influencing consumers' choices. Emotional responses are integral to the consumer decisionmaking process, as feelings can guide and override rational considerations (Fenton‐O'Creevy et al, 2011). For instance, research has shown that positive emotions, such as happiness or excitement, can enhance consumers' desire for products or services (Kwortnik Jr and Ross Jr, 2007). On the other hand, negative emotions, such as fear or anger, can lead
to avoidance of specific brands or products (Khatoon and Rehman, 2021). Marketers often tap into consumers' emotions through advertising and branding strategies to create meaningful connections and drive purchasing decisions. (Kotler et al, 2021) provide an extensive analysis of marketing principles, including consumer behavior. The book explores consumer decision-making processes, including problem recognition, information search,
Conclusion
alternative evaluation, and post-purchase behavior. It emphasizes the importance of understanding consumer needs and wants, segmenting markets, and developing marketing strategies that align with consumer behavior. The authors also discuss the impact of digital and social media on consumer behavior in the modern marketing landscape. (Schiffman and Kanuk 1951) book provides an in-depth examination of consumer behavior, covering both
theoretical concepts and practical applications. The authors explore various factors that influence consumer behavior, including cultural, social, personal, and psychological influences. They also discuss the impact of marketing strategies, advertising, and branding on consumer decision-making. The book incorporates case studies and real-world examples to illustrate key concepts and theories. (Belk, 2013) article focuses on the concept of the
extended self in the context of the digital world. It discusses how individuals use digital platforms, such as social media, to construct and express their identities. The article explores the impact of online shopping, personalized marketing, and virtual communities on consumer behavior. It highlights the interplay between consumers' online and offline identities and the implications for marketersOne prominent theoretical framework used in consumer behavior
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