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FASHION DESIGN & TECHNOLOGY - CITS



           LESSON  33 :  Consumer Behaviour and Marketing


           Objectives

           At the end of this lesson you shall be able to
           •    consumer behavior and it’s types
           •    marketing and management.

           Introduction to consumer behavior

           Consumer behavior is the actions and decisions that people or households make when they choose, buy, use,
           and dispose of a product or service. Many factors play a role in how consumers engage with the market.
           Factors affecting consumer behavior

           Consumer behavior is influenced by many external factors and internal factors which are given as below:
           1   Cultural Factors:  cultural values, beliefs, and customs of consumers.
           2   Social Factors:  the impact of social groups, family, and peers on consumers choices.
           3   Personal Factors: individual characteristics like age, occupation, and lifestyle etc.
           4   Psychological Factors: perceptions, motivations, and learning processes affect consumer decisions etc.
           5   Economic Factors: economic conditions and technological trends etc.

           Management Techniques
           Several management techniques are employed in marketing to enhance effectiveness and achieve business
           objectives are given as below:
           1   SWOT Analysis
           2  Market Segmentation
           3   Target Marketing

           4   Marketing Mix (4Ps)
           5   Customer Relationship Management (CRM)
           6   Data Analytics
           7   Innovation Management
           8   Brand Management

           9   Content Marketing
           10  Social Media Management
           11  Agile Marketing
           12  Performance Metrics

           Leadership
           In marketing, leadership involves guiding and inspiring a team to effectively implement strategies, drive campaigns,
           and achieve business goals. It includes setting a vision, making informed decisions, and adapting to market
           trends to lead the brand towards success.
           Importance of Leadership
           Leadership is crucial in various aspects such as:
           •  Guidance

           •  Inspiration
           •  Decision-Making



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