INTRODUCTION Consumerbehaviour isthestudyof consumers and the processes they used to choose, use (consume), and disposeofproductsandservices, including consumers'emotional,mental,and behavioural responses.
FACTOR INFLUENCING CONSUMER BEHAVIOUR CULTURAL FACTOR Culture Sub Culture SOCIAL FACTOR Family Status
CONTINUE PERSONAL FACTOR Age Life style PHYSIOLOGICAL FACTOR Perception Learning
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
FACTORS INFLUENCING TREND Cultural, social, personal, and psychological factors that influence consumer behaviour and attitudes used to drive the trend in variety of the different way in the hospitality industry. Cultural factor:There is good trend among the traveler to adopt new and different culture. Hence, there is good trend among industry to provide more than one type of cultural experience
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
CONTINUE Personal Factor: In the rapidly changing environment need and preference of different individual generally used to change on regular basis, Hence all the consumer generally look to maintain good sort of lifestyle in the market. For the same reason trend of hospitality industry used to change on regular basis to offer good sort of experience to consumer Psychological factors:All the consumer generally has different perception and on the basis of same need of customer also changes, these eventually has very positive impact on trend prevailing in industry.
EMERGING TREND Solo trip Cultural Trip
CONCLUSION Above presentation concludes that there are variety of the different factor which used to influence consumer behaviour and attitude. After that presentation concludes impact on current trend due to incorporation of different technology in hospitality industry.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
REFERENCES Mandel, N and et.al., 2017. The compensatory consumer behavior model: How self- discrepancies drive consumer behavior.Journal of Consumer Psychology. 27(1). pp.133-146. Rana, J. and Paul, J., 2017. Consumer behavior and purchase intention for organic food: A review and research agenda.Journal of Retailing and Consumer Services. 38. pp.157-165.