CB Models
CB Models
CB Models
MODELS
Introduction
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.
"Consumer Behaviour is the actions and decision processes of people
who purchases goods and services for personal consumption."
- Engel, Blackwell and Mansard
"Consumer Behaviour is the decision process and physical activity,
which individuals engage in when evaluating, acquiring, using or
disposing of Goods and Services."
- Louden and Bitta
CONSUMER BEHAVIOUR MODELS
Consumer Behaviour models help us to understand unique customer base
and more effectively attract, engage and retain them. These models are as
follows:-
1. Engel-Kollat-Blackwell Model
2. Nicosia Model
3. Howard Seth Model
4. Psychoanalytical Model
5. Sociological Model
6. Economic Model
Engel-Kollat-Blackwell Model
Key Takeaways:
Understanding Complexity: Consumer behavior is multi-faceted, influenced by psychological, social, and
economic factors.
Tailored Marketing Strategies: By dissecting these models, businesses can craft more targeted and resonant
marketing campaigns.
Building Connections: Deep insights into consumer behavior enable businesses to forge stronger
connections with their audience.
Driving Growth: Applying these insights empowers businesses to drive sustainable growth and stay ahead in
a competitive market.
Action Points: Let's leverage these takeaways to refine our marketing strategies, enhance consumer
engagement, and propel our businesses towards success.
Thank you for your attention and engagement. Let's continue to explore and innovate in the realm of
consumer behavior.