Consumer subjective personal introspection of your own buying behavior, and to relate this to the notion of products as extensions of the self and consumer behaviour theory.
buying behaviour
Subjective personal introspection of your own buying behaviour as an extension of the self and consumer behaviour theory
It has been noted in many studies on consumer behaviour that the products that the individual purchases are very often closely linked to the identity and values of that individual. Consumer behaviour has been defined as, "The psychology of how consumers think, feel, reason, and select between different alternatives (e.g., brands, products, and retailers)"and "The psychology of how the consumer is influenced by his or her environment (e.g., culture, family, signs, media)..." (Lerner).
In other words, the products that one purchases are in essence often seen as an extension of one's self. This means that the customer purchasing behaviour is often best understood in terms of the values norms that are important to the purchaser. This paper will therefore attempt to show how various consumer behaviour theories relate to my personal buying patterns.
2. Personal profile
The personal values that relate to my identity and the way that I perceive the world around me consist of a number of central factors. Firstly, I am outspoken and believe that one should express what one feels. I admire John Lennon's words, "Nothing will stop me, and whether I'm here or wherever I may be, I'll say what I feel" (Great One-line Quotes). In terms of my personal buying behaviour this means I am not easily persuaded or taken in by advertising 'hype' and that I tend to question what I read and see -- and express my views and opinions.
I am also philanthropic and believe in helping others. I tend towards simplicity rather than complexity in my personal life. This would also suggest that I would purchase products that would further this life perspective. I appreciate modern technology like the Internet and this should also be included in an introspective assessment of my buying behaviour. I am attracted to technological products that help to simplify my life as well as allow me to communicate and keep in touch with the views of others and what is going on in the world.
Possibly the most important aspect of my personal identity are the central values that have helped to shape my life and identity. These include the value of family, the importance of trust and truth, success and achievement, a united world and the values of enlightenment and equality. As will be discussed in the following section, these are all aspects that shape my buying behaviour.
3. Consumer theory and personal buying behaviour.
In theoretical terms, the concept of consumer value as an indication of consumer reaction and behaviour patterns began the 1990s (Sanchez-Fernandez, and Iniesta-Bonillo, 2007, p. 40). This concept is seen as being an extremely significant factor in the success of any business or product. The knowledge of what the consumer values is considered to be extremely significant in terms of competitive advantage (Sanchez-Fernandez, and Iniesta-Bonillo, 2007, p.40).
A general definition of consumer behaviour is 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 needs and the impacts that these processes have on the consumer and society" (Perner, 2010). This behaviour is related to three main influences; namely, the particular characteristics of the individual, and the environment which affects the individual as well as the inherited genetics of the individual. Therefore, consumer theory is linked to the individual's views and psychology as well as to other social and economic factors.
If I apply these views to my personal buying behaviour, then the following aspects become clear. When I interrogate my own purchasing behaviour I find that what I purchase is almost always linked in some way to the values and views that I deem to be important. I tend to purchase products that assist or further my deeper values and needs. For example, I will purchase mobile phone and internet technology in order to be able to communicate with others more easily. This also refers to the importance that I place on family values. Therefore, I like to be able to communicate with and keep in touch with them -- which in turn influence my buying behaviour.
I also purchase products such as magazines that will tend to refer to my view about the need for fairness and equality in the world. Another related value that is...
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