05 Chapter 1
05 Chapter 1
05 Chapter 1
INTRODUCTION
“People do not Buy Goods & Services. They Buy Relations, Stories, And Magic.”
- Seth Godin
The rapid rate of modernization has changed the overall living standards of consumers all
across the globe. Companies are spending lots of money every year to make their marketing
communications more effective. To survive in this cutthroat competition, it is necessary for
the marketers to develop creative and innovative ideas that influence the consumers. For
marketers, it might be difficult to attract attention, inform people, and build out a position in
their customers' minds. Modern India, with its modern consumer, is bountifully growing due
to the rising growth of internet users. Consumer engagement has improved in the eyes of
marketers due to the amazing shifting nature of today's consumers.
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1.2 Digital Marketing Methods
There are several methods in digital marketing to unite marketers and consumers. Some of
the methods that optimize the effort of digital marketing by connecting with prospects and
potential clients are represented below.
Figure 1.1 Types of Digital Marketing
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Influencers are individuals who have garnered a significant number of followers on popular
social media platforms like Instagram, YouTube, and TikTok.They are typically experts in a
particular niche or have a unique personality that has helped them build a loyal following.
Influencers can be celebrities, industry experts, or everyday people who have built a
significant online presence. They use their platforms to create and share content with their
followers, including photos, videos, and blog posts.
Brands can leverage the influence and popularity of influencers to promote their products or
services. The goal of influencer marketing is to tap into the trust and engagement that
influencers have established with their followers to increase brand awareness, drive
engagement, and ultimately drive sales. By collaborating with influencers, brands have the
opportunity to expand their reach to a broader audience, enhance brand recognition, and
cultivate trust among their intended target audience.The process of influencer marketing
typically involves four steps: identification, outreach, collaboration, and measurement.
Identification: The first step in influencer marketing is to recognize relevant influencers for
a particular brand or product. Brands may use social media monitoring tools to find
influencers who are already talking about their products or services. As an alternative
approach, brands can actively seek out influencers whose followers closely align with their
intended target audience.Outreach: Once the influencers have been identified, the next step
is to reach out to them to collaborate on a campaign. Brands may use email or direct
messaging on social media to contact influencers. The outreach message should be
personalized, explain the benefits of the collaboration, and provide a clear call-to-action.
Collaboration: The collaboration phase is where the influencer creates and shares content
featuring the brand's products or services. The content may be a review, tutorial, or
endorsement. The brand and the influencer should agree on the content and the terms of the
collaboration, including the compensation for the influencer.
Measurement: After implementing an influencer marketing campaign, brands can assess its
effectiveness by utilizing diverse metrics such as reach, engagement, and sales to measure its
impact.They can also analyze the content that the influencer created to determine what
worked and what did not work.
By teaming up with influencers, brands can tap into their influence and credibility to reach a
wider audience, increase brand awareness, and drive sales. Influencers can provide a level of
authenticity and trust that traditional advertising methods often lack. Influencer marketing
can also be more cost-effective than traditional advertising, particularly for smaller brands
with limited budgets.
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In recent years, influencer marketing has experienced a surge in popularity, especially among
younger demographics. According to a survey conducted by Mediakix, 89% of marketers
believe that the return on investment (ROI) from influencer marketing is on par with or
superior to other marketing channels. Additionally, a study by Linqia revealed that 86% of
marketers utilized influencer marketing in 2020, with 63% intending to allocate more budget
towards influencer marketing in 2021.
However, influencer marketing also has its challenges. One of the main challenges is
identifying the right influencers for a particular brand or product. Brands need to ensure that
the influencers they work with align with their brand values and have a following that
matches their target audience. Another challenge is measuring the success of influencer
marketing campaigns. Brands need to use metrics that accurately reflect the impact of the
campaign on their business goals.
Influencer marketing is a potent marketing strategy that enables brands to enhance their
visibility, expand their audience reach, and ultimately boost sales.The perfect categorization
of influencers according to their expertise and area of interest is also a contributing factor to
the recent emergence of influencer marketing. Now, businesses in a certain field may more
easily connect with content creators that specialize in the same area. For this reason, it
facilitates the ease with which businesses can operate.
1. Collaborate with industry insiders who can provide content and promotional materials
based on their own knowledge and experience;
2. Connect with the influencer's audience that shares an interest in the same industry.
According to a survey, 84% of marketers plan to implement one influencer campaign in the
span of a year. It further declares that a single endorsement campaign can boost the income
quantity to 4%. This is the very reason why even a small business unit can’t deny the benefits
of having an influencer associated with their brand (Forbes, 2016).
Gupta and Pirsch (2018) described that Influencer marketing entails collaborating with
individuals who possess a substantial following on social media platforms, with the purpose
of endorsing a brand, product, or service to their audience.
Rather than directly promoting a product or service, influencer marketers craft and spread
their ads through key opinion leaders. Rather than relying on word of mouth to convince
others, they lead by example. Influencer marketing is like incorporating the theory of a
celebrity endorsing a product into a content-based marketing strategy. To endorse a product
or service, a business may employ influencer marketing, a strategy that involves teaming up
with a notable online personality or figure.Some collaboration between brands and
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influencers in the context of influencer marketing are less formal and focus more on raising
brand awareness. Influencer marketing's popularity has skyrocketed in recent years as more
and more companies choose it over more conventional forms of promotion. Influencer
marketing has become an essential strategy for organizations of all sizes, from start-ups to
multinationals.
Figure 1.2 Brand post opinion
Source: www.clickz.com/wp-content/influence-posting
Influencer marketing can be defined as a marketing approach that focuses on leveraging
influential individuals to disseminate a brand's message to a broader audience.Existing
research agrees with this similarity, defining an influencer as an influential individual with a
notable personal brand. Brands rely on influencers because they are considered credible
sources of information about their products and services. People are more receptive to the
message being sent through social media. Since consumers may pick and choose who to
listen to for advice, influencers' thoughts on certain products can have a disproportionately
large effect on consumers' final verdicts. An ongoing difficulty for companies is identifying
the correct influencers to work with and holding them financially accountable for their
impact. One of the secrets to success in Influencer Marketing is capitalizing on consumers'
historical tendency to place more weight on the opinions of those outside of the advertising
industry than on those of the marketer itself (De Veirman et al., 2017).
Nandagiri and Philip (2018) mentioned that an influencer's self-perception improves when
they have a larger number of followers. As part of the same study, the sensitivity of the
followers-to-followers ratio was examined in the context of an influencer with a large number
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of followers but a small number of people they follow. The findings suggest that this may
have a negative effect if the influencer has a large number of followers but few engaged
audiences. A second study confirms that influencers may influence audiences with their
writing. To be successful in social media marketing, influencers need to cultivate a loyal
following, keep the conversation going with their fans, and convince them to take action by
promoting their ideas and opinions.
According to Sam Fiorella and Danny Brown (2013), influencer marketing can be defined as
the strategic process of identifying, engaging, and harnessing individuals who possess the
ability to initiate conversations and shape opinions about a brand or product through their
online platforms.
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In the early days of influencer marketing in the 2000s, blogging platforms played a
significant role. Brands like Microsoft, Intel, and Nokia collaborated with influential bloggers
to promote their products and services (Wilkens, 2023).
As social media platforms gained prominence in the 2010s, various brands started leveraging
influencers to reach their target audience. In this period, brands such as Myntra, Jabong, and
Flipkart collaborated with fashion and lifestyle influencers to promote their products and
build brand awareness (Wilkens, 2023).
With the rise of Instagram in 2015 onwards, influencer marketing witnessed a significant
surge. Brands like Nykaa, Daniel Wellington, and Ajio collaborated with beauty, fashion, and
lifestyle influencers to drive product awareness and sales. Additionally, smartphone brands
like OnePlus and Xiaomi collaborated with tech influencers to generate buzz around their
new product launches (Wilkens, 2023).
In recent years (2018 onwards), brands across various industries have actively used
influencer marketing. Companies like Zomato, Swiggy, and OYO partnered with food and
travel influencers to showcase their offerings and attract customers. FMCG brands like
Dettol, Dove, and L'Oréal collaborated with influencers to endorse their products and engage
with their target audience (Wilkens, 2023).
Today, brands and companies of all sizes use influencers to reach and interact with their
target audiences, making influencer marketing a multi-billion dollar industry in India.
Influencers in India come from a variety of fields, including, fashion, beauty, lifestyle, food
preparation, travel, and technology.
The growing usage of mobile devices and social media platforms, particularly Instagram and
YouTube, is one of the main factors influencing the development of influencer marketing in
India. Instagram has more than 400 million users in India, making it a popular platform for
influencers and businesses to advertise their goods and services. The development of e-
commerce platforms like Flipkart, Amazon, and Myntra, which have improved consumer
access to a wide range of goods and services, is another factor that has fueled the expansion
of influencer marketing in India. Since influencers are regarded as reliable sources of
information, this has increased demand for their product reviews and suggestions.
Over 80 percent of the entire population in industrialized nations uses the internet. This
statistic applies to both adults and children. As a result, companies have expanded their
allocation of the overall marketing budget by intensifying investments in social media and
digital marketing, while simultaneously reducing expenditures on traditional advertising
channels such as television and print media. This shift can be attributed to companies
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progressively increasing their portion of the total marketing budget, leading to a revaluation
of resource distribution across various marketing channels.The combination of an increase in
the number of internet users and an increase in the amount of money invested by businesses
in social and digital marketing has produced a situation in which consumers' attention is more
divided online. Therefore, in order for firms to achieve the desired impact of their
advertising, they can no longer depend just on the reach of their advertisements; rather, they
need to build advertising campaigns that also incorporate the engagement of customers. Most
consumers in some product categories look at the evaluations of other people posted on social
networking channels. Because of this, more businesses have been utilizing social media
marketing techniques to interact with consumers throughout the course of the last decade.
Because of this, a concept now known as influencer marketing has emerged.
On the whole, a number of reasons, including the advent of social media, the rising use of
mobile devices, and the expansion of e-commerce platforms, have contributed to the
advancement of influencer marketing in India. There will probably be even more inventive
and imaginative ways for firms to connect with and engage with their target audiences as the
market continues to develop.
Hanna et al. (2011) carried out research in 11 European countries; two out of every five
people who use the internet make use of ad blocking software. In this context, influencer
marketing plays a crucial role since it allows businesses to contact consumers who are using
ad blocking software. In addition to that, it gives consumers the chance to freely participate in
it, which makes it more exciting for them to do so. When compared to internet advertising,
influencer marketing is capable of generating more client trust than the later. Although the
endorsement by an influencer in public is paid for by the company, it is still considered to fall
within the category of earned media since it increases consumers' trust in the brand. The
public's relationship with the brand is seen to improve when it receives support from
influential people, since this kind of marketing is regarded as being of high quality.
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Figure 1.3The Influence of Social Influencers on the Market
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Social networking sites have significantly changed how people communicate with one
another and have changed the nature of both personal and professional interactions.
Additionally, they have altered how people access news and information as well as how they
use and distribute content. The widespread use of mobile devices and the expansion of high-
speed internet connectivity have been two major factors in the growth of social networking
sites. People may now access social networking sites from anywhere, at any time, thanks to
the invention of smart phones, making it simpler than ever to remain in touch with friends,
family, and co-workers.
Growing importance of personal branding and self-expression is another aspect that has
contributed to the success of social networking platforms. People can connect with others
who share their interests and objectives by using social networking sites as a platform to
share their skills, hobbies, and opinions.
Businesses and organisations may now contact and interact with their target consumers in
fresh and creative ways thanks to social networking sites. Businesses may increase brand
recognition, generate leads, and boost sales by utilising the power of social networking while
also gaining insightful information about customer behavior and preferences.
In general, the emergence of online social networking sites has had a significant impact on
society, changing how individuals interact with one another and how businesses interact with
their clients. Future applications of social networking are expected to be even more inventive
and imaginative as the technology develops.
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1.6.2 Videos
Videos advising on how to look better in the areas of dress, hair, and makeup can be
uploaded to YouTube and viewed by viewers all over the world. The films give these viewers
inspiration because they allow them to watch and use makeup at the same time.
1.6.3 Photos
It's no secret that social media platforms like Pinterest and Tumblr have had a significant
impact on the way people see and document the world. Photo applications are aimed at a
younger demographic. Their popularity is founded on the fact that they are quick and simple
to use. The success of today's young people depends on the ease and swiftness with which
they may accomplish their goals in today's fast-paced environment.
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products or services. This collaborative approach has gained popularity in the marketing
industry.These people, known as influencers, have developed a loyal following because of
their interesting material and skill. The following are some justifications for using influencers
in marketing:
1.8.1 Reach a Targeted Audience
Influencer marketing provides businesses with the opportunity to effectively target a specific
audience. Through strategic collaborations with influencers who possess a distinct niche and
dedicated following, businesses can ensure that their content reaches individuals who are
highly likely to have an interest in their products or services.
1.8.2 Build Trust and Credibility
Influencers are regarded as genuine, relatable, and well-informed within their respective
fields of expertise, which has enabled them to amass a devoted following through their
captivating content. By collaborating with influencers, businesses can leverage the trust and
credibility they have established to effectively expand their reach to new audiences and
cultivate brand awareness.
1.8.3 Generate High-Quality Content
Influencers possess exceptional skills in crafting captivating content that deeply resonates
with their audience. By establishing partnerships with influencers, businesses can harness
their expertise to produce top-notch content that has a higher likelihood of being noticed and
actively engaged with by their intended target audience.
1.8.4 Increase Brand Awareness
Influencer marketing enables businesses to enhance brand awareness by effectively
promoting their products or services to a highly engaged and relevant audience. This strategy
proves beneficial in expanding brand visibility and recognition.This can lead to increased
visibility and awareness of the brand, which can help drive traffic and sales.
1.8.5 Drive Sales and Conversions
Influencer marketing holds the potential to be a highly effective method for driving sales and
conversions for businesses. By leveraging influencers, brands can effectively endorse and
promote products or services to their respective followers, benefiting from a compelling
endorsement that has the power to influence purchasing decisions.
1.8.6 Gain Valuable Insights
By analyzing the engagement and feedback generated by influencer campaigns, businesses
can gain a deeper understanding of their target audience's needs and preferences, allowing
them to refine their marketing strategies and tailor their products or services accordingly.
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Overall, adopting influencers in marketing can be a powerful strategy to connect and actively
interact with their intended audience, build trust and credibility, generate high-quality
content, increase brand awareness, drive sales and conversions, and gain valuable insights
into consumer behavior and preferences.
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1.10 Social Influence of Influencer Marketing
With each passing day, we are steadily approaching an era dominated by digital technology.
People now habitually browse through content on their mobile devices or engage in extensive
typing on their laptops and desktop computers. Social media has become an indispensable
necessity for many individuals, as they find themselves regularly checking their accounts
across multiple platforms without skipping a day.In recent times, businesses have
significantly improved their utilization of social networking websites as a means to
accomplish relationship marketing objectives and augment their brand value. The ascent of
influencer marketing has become a powerful instrument for brands to successfully establish
connections and captivate their target audiences across diverse social media
platforms.Influencers, who have cultivated a devoted following through their captivating
content and expertise in specific domains, now play a pivotal role in shaping social influence
within the marketing landscape.Through their ability to establish trust and credibility among
their followers, influencers have become a formidable force in shaping consumer behavior
and influencing purchasing decisions. By collaborating with influencers, brands can leverage
this trust and credibility to expand their reach to new audiences and establish brand
awareness. The social influence wielded by influencer marketing is evident in the manner in
which influencers shape the attitudes and opinions of their followers.Through their engaging
content and authentic voice, influencers can create a sense of trust and relatability with their
audience, leading to increased engagement and influence over their purchasing decisions.
Influencers also have the ability to drive social trends and behaviors, as their
recommendations and endorsements can lead to increased interest and adoption of certain
products or services. This social influence can have a ripple effect, as followers of influencers
may in turn influence their own social circles, leading to a wider impact on consumer
behavior and trends. The social influence of influencer marketing is a powerful force in
shaping consumer behavior and trends, as influencers have the ability to build trust and
credibility with their followers and drive social trends and behaviors through their engaging
content and authentic voice.
1.10.1 Advantages
It Helps to Reach a Relevant Audience
When it comes to reaching significant audiences, working together with the right image-
related influencers can be of great assistance. To identify the most suitable influencers
relevant to their industry and area of expertise, a marketer must invest some effort into the
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selection process. One effective approach is to engage with influencers who are already
supporters of brands similar to their own. By doing so, it becomes easier for the marketer to
pinpoint influencers who belong to the specific target group they are striving to reach,
simplifying the process of influencer identification.
It Helps in Developing Credibility and Trust
Individuals place their trust in influencers they follow because they believe in them. When an
influencer speaks openly about a brand, their followers are likely to trust the information
shared, as it comes directly from a reliable source. Consequently, one of the most effective
strategies employed by influencers is their ability to foster trust in the persona behind a
business, thereby enhancing the brand's credibility. This strategy can be adopted by brands as
well. It is of utmost importance to partner with authentic influencers who hold expertise in
their specific niches, as they are the ones capable of fostering authenticity and trust among
the audience.
It Broadens the Brand's Reach
Marketers are able to communicate with thousands, even massive numbers, of devotees of
powers to be reckoned with, all of whom he was previously unable to communicate with on
his own. Influencers are able to aid him in expanding his database with new prospective
consumers and customers, irrespective of the online media platform that he chooses to use.
Focus on a Particular Crowd
In the event that a businessman collaborates with an influencer whose area of expertise is
comparable to his own, he will be able to reach a more relevant audience. Because the
influencer's audience is now genuinely interested in hearing what the individual has to say.
Collaborating with an influencer enables the delivery of their message to individuals who are
highly likely to have an interest in the brand's products or services, eliminating the need for
the influencer to actively seek out these individuals.
Good Quality of User-Generated Content
A good influencer marketing campaign will understand the business image, goals, and the
message it wants the influencers to express. They will then give his company's message an
imaginative spin and reach out to their followers with the message about his business. In
addition to that, the material created by these influencers for their customers will be of high
quality and generated in large quantities, both of which will help achieve business objectives.
This user-generated material has the potential to be included in a business content repository
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and repurposed for use in future marketing endeavours. The quality and reliability of the
content produced by influencers is almost always high.
1.10.2 Disadvantages
Working with the Wrong Influencer can do More Harm than Good
Finding a powerful alliance that aligns with a brand's goals requires the brand to invest time
and effort, making it a challenging endeavor.Collaborating with the wrong influencers could
have detrimental consequences on the business's reputation, potentially impacting the brand's
overall success. It is imperative for brands to exercise caution and diligence in selecting the
appropriate influencers to safeguard their reputation and ensure a positive outcome.
Influencer Marketing Mistakes can Cost Brand
Given that influencer marketing is still a relatively fresh strategy, it is inevitable for
marketers to encounter certain missteps or errors along the way when implementing
it.Because there is no manual for a productive force to be reckoned with in a showcasing
approach, the most common scenario is one in which businesses learn from both their
successes and failures.
Consumes a Great Deal of Time
To properly set up an influencer marketing campaign, a businessman will need to invest
some time and money in addition to putting in the necessary amount of effort. There is a need
to conduct research in order to identify an influencer whose personality is a good fit for a
brand, prepare the agreements necessary for collaboration, provide support for the content
that the influencer arranges, and evaluate the outcomes of campaigns.
High Risk Involved
Influencer marketing campaigns, in the vast majority of instances, will not guarantee the best
possible results. In the event that an influencer is unable to produce outstanding content, it is
possible that they will not resonate with the customers you are trying to reach. When this
happens, the effort that you put in, both in terms of time and money, will be for nothing.
Influencer Fatigue
As social media platforms like Facebook and Instagram become increasingly saturated with
additional paid sponsorships from promotions and influencers, it becomes more challenging
for shoppers to distinguish and remember whom they can trust.Less than 5% of people
actually trusted the information that was published by influencers on online media.
Regardless of whether companies collaborate with influencers that are a genuine fit as
partners, trends appear to show that forces to be reckoned with have less influence over
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buyers than they once did. This is the case even when the companies collaborate with their
partners.
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easy monthly instalments; and rental purchase arrangements convince buyers to buy
different durables. The absence of such facilities may trigger consumers to postpone
the purchase decision (Hofstede, 1980).
Living Standard: The living standard to which a buyer is used has an immense
influence on his expenditure practice. His revenue may unexpectedly drop, but his
spending pattern and expenditure will not decline proportionally, as he will find it
actually tough to degrade from his already maintained living standard. It may also
happen that to meet his expenses, he will resolve to borrow from others. However, on
the other side, if the income of the consumer increases on an enduring basis, he will
be allured to increase his usual living standard (Lawan&Zanna, 2013).
1.12.3 Social Factors
The social factors that belong to an individual customer can also have an impact on their
buying patterns and behavior. Perreau (2014) stated that each individual is generally bordered
by various social setting factors such as family, neighbours, peer groups, work groups, roles,
and status. In such situations, it is well said that individuals live in groups. Following are
some of the factors known as social factors that affect consumer behavior.
Family: It is the chief set. It links the person to a wide-ranging civilization. This is the
group that is responsible for realizing the role appropriate to an individual’s adult life.
Expectations, insolences, and principles of family members affect the decisions of
consumers taken within the family environment. In most advanced countries, where
there is a small number of joint families instead of nuclear families, the family is
made up of a father, mother, and children. In such a setting, generally, the mother is
the one who decides on purchasing goods like foodstuffs and clothing, whereas the
father decides on expenditures on education, insurance, investments, housing
facilities, etc. The children are the major decision-makers for recreational facilities.
(Perreau, 2014)
Reference Groups: Apart from being a member of a family, a consumer gets
associated with some other groups too. These outer groups are called reference
groups. These groups can take any form, such as formal or informal, social or
professional. However, every kind of reference group may influence the opinions,
beliefs, and aspirations of any consumer. In the process, the consumer receives
information from their reference groups on matters such as product, price,
performance, quality, style, design, etc. Furthermore, these groups are also very
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effective at creating or destroying the image of a newly launched product or service.
(Perreau, 2014)
Opinion Leaders: Being propriety of reference groups, there is always an
unceremonious group leader. The activities, beliefs, and behavior exhibited by this
group leader are generally assumed to be an idea, hence being followed by the
followers. In many cases, these group leaders are consulted when making new
purchase decisions. So, one can give or take that these group leaders perform a very
influencing role when influencing purchase-related behavior.
Culture: It refers to the theories, normal ethics, standards, and customs that extend on
a social basis from one peer group to the next. A culture is something that represents
the behavior pattern of a customer too. A culture also determines the style, design,
color, type of product, etc. So, we can say that culture also affects buyer behavior
hence has become an important determinant in the consumer buying decision process.
Social Class and Caste: Social class is a bigger cluster than a close group. Income,
status, proprietorship, schooling, consumption pattern, profession, and locality of
residence of the distinct persons create such a group. In our country, people are
divided into three main classes: high-income people, people of middle income, and
the poor. Whereas a caste can be defined as a group whose membership is determined
by biological birth, the caste system evolved over time from the specialization of
occupation. In India, there are four major classes in the caste system: Brahmins,
Kshatriyas, Vaishyas, and Sudras. Individually, social classes and castes develop their
own tastes, perceptions, styles, and behavior patterns. It is generally observed that
members of a class choose a particular brand of product and purchase it from a
particular store that supports their group norms.
1.12.4 Psychological Factors
According to the perception of modern psychologists, some main factors such as motivation,
perception, attitude, and learning that are internal to the consumer also determine his
consumption pattern and behavior. In an ordinary situation, a buying decision is the result of
different types of needs and motives, and these psychological factors help in abstaining from
or triggering the motive to purchase. Hence, these psychological factors are also regarded as
very important variables affecting consumer behavior pertaining to the purchase of products
and services. These aspects are described briefly under:
Motivation: Motivation is a great strength, of course. It refers to the recruitment,
drive, and ambitions involved in performing a series of actions. This thread of action
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is called behavior. With the help of these powerful ceremonies, a person tries to
diminish his or her anxiety state in order to guard and satisfy his or her identity. It is
an integrated system of mental and cognitive equipment. The motives can vary from
natural requirements such as food, clothing, and shelter to the highest desire for self-
perception.
Perception: It is the step-by-step process through which an individual is assumed to
be the subject who collects, organizes and interprets the stimuli available in its
environment. Perception leads to thinking, and thinking leads to some kind of action.
A person's perception tries to give meaning to any object or to any individual.
However, perception is an outcome of various determinants such as the capability to
see or hear a message, feelings that need help, and a love for everything that changes
the message the person receives. That is why, in the field of marketing, marketers
prefer visual to audio-based advertising. So, it can also be said that information and
knowledge about consumer perceptions help us understand how and why the
behaviors of consumers are exaggerated by their perceptions.
Learning: In the field of psychology, learning can be understood as any perpetual
alteration in behavior that occurs as a result of past experiences. The whole process of
learning is composed of four different stages: attention, retention, reproduction, and
reinforcement. Drive denotes an inner, eager state of mind that justifies dealings. For
example, the feeling of starvation can be motivating. Attention is the process of
observing stimuli offered by the environment. Such as, watching and understanding
an advertisement on television or radio refers to the consumer's attention towards the
manufacturer’s product or services. Reproduction refers to the act of recreating or
performing an observed behavior. Lastly, reinforcement defines the reward one gets
from others responses. So, this factor has really been found to be a major factor
influencing consumer behavior.
Attitudes: Apart from the above, a clear understanding of the customer's attitude also
helps in estimating the buyer's behavior. The term attitude refers to a preference to
behave in a special way in a setting where any stimulus is provided. This attitude
towards any product, place, person, etc. may be favorable at one point in time or may
be opposite at another point in time. The process of developing attitude is basically
very gradual in nature and is an outcome of past experience. Moreover, it is very easy
to validate the consumer’s attitude, but changing its mind to alter the attitude is
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something that is really difficult. It requires shifting from the present disposition to
the opposite disposition. Advertising is one way to change the present attitude to the
desired one.
Personality: What makes an individual different from everybody else? It involves
methods, practises, and actions. It is the job of internal drivers, learned motivations,
and practises. In the field of psychology, it is taken for granted that personality comes
from the combination of mainly three elements: name, id, and superego. 'Id' controls
one's feelings, and the superego controls Id by overpowering social misconduct. The
ego component aligns the differing requirements of name with super ego. The
consumer's behavior is determined by his or her personality, e.g., by his or her sense
of honesty, concern, and anger. Marketers try to exploit these features through
advertising. It is worthwhile to mention that whatever the process of purchase
decision-making is, in order to increase the market share of a company, it is always
required to make a customer feel satisfied. The level of customer satisfaction is the
primary factor that determines the repurchase pattern for any product or service.
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