Table of Contents 1. Consumer buyer behaviour and its benefits.......................................................................1 2. Application.........................................................................................................................1 REFERENCES................................................................................................................................4
1. Consumer buyer behaviour and its benefits It is the aggregate of customer's attitude, their point of view, decision while purchasing a product (Pappas, 2016). Benefits: helps to implement right marketing strategy segmentation of market Assist to develop new product helps to change of direction of packaging. 2. Application 1.Consumer buying process: Problem recognition:in this, customer recognize a need o problem 1 Illustration1: Consumer buying process
Information search:After recognition, customer generate source to collect information such as personal, public, commercial search . Evaluation of alternatives:In this, customer generate substitute of collected information and consider various point of such as attributes of product, degree of importance, belief in brand etc (Jacobs, Holland and Prinz, 2018). Purchase decision:In this, customer take decision to get services offered by Bon Voyage Travel agency or not. Post purchase evaluation:In this customer take action whether they are satisfied or not after purchasing the product/service. 2. Influence on consumer buyer behavior FactorsImpact Economic factorSuch that income, distribution of income, competitionwith substitutes affect consumer buyer behavior in opposite way Social factorIt includes life-style, personality, education that creates impact uponconsumer buyer behavior (Ramya and Mohamed Ali, 2016). TechnologyIf Bon Voyage introduce new service with innovative product then it affectconsumer buyer behavior in positive way OthersGovernment decision, production policies also affectconsumer buyer behavior. 3. Users of companyYoung generation people (age from 25-50) Hopetheyachievefrom company Get best tour package How much they payIt depends upon tour package and Bon Voyage charge nominal from their customers. HowoftentheylookatNot very much 2
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REFERENCES Books and Journals Jacobs, J. A., Holland, C. P. and Prinz, A., 2018, March. Online Consumer Search and Buying Behaviour: Brand Analysis in the Airline Industry. InInternational Conference on Tourism Research(pp. 74-IX). Academic Conferences International Limited. Pappas, N., 2016. Marketing strategies, perceived risks, and consumer trust in online buying behaviour.Journal of Retailing and Consumer Services.29.pp.92-103. Ramya,N.andMohamedAli,S.A.,2016.Factorsaffectingconsumerbuying behavior.International journal of applied research.2(10)., pp.76-80. 4