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Behavioral Models that Influence Consumers Purchase Decisions.

Authors :
Stoica, Dimitrie
Bichescu, Cezar Ionut
Stoica, Maricica
Source :
Annals of the University Dunarea de Jos of Galati: Fascicle: I, Economics & Applied Informatics; 2024, Vol. 30 Issue 2, p71-76, 6p
Publication Year :
2024

Abstract

This article delves into the complexities of consumer behavior, offering an analysis of traditional and modern behavioral models to understand purchasing decisions. It begins with presentation of the Marshallian, Pavlovian, Freudian, and Veblenian models, which focus on economic, psychological, and social influences. Subsequently, the study explores contemporary frameworks like the Nicosia, Engel-Kollat-Blackwell, and Bettman models, highlighting their contributions to comprehending the consumer decision-making process in a dynamic market environment. By integrating insights from various models, the article underscores the significance of understanding consumer psychology, external stimuli, and individual roles in purchase activities. This review aims to equip marketers with the knowledge to devise effective strategies that address current market challenges and enhance consumer satisfaction and organizational profitability. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
15840409
Volume :
30
Issue :
2
Database :
Complementary Index
Journal :
Annals of the University Dunarea de Jos of Galati: Fascicle: I, Economics & Applied Informatics
Publication Type :
Academic Journal
Accession number :
179586308
Full Text :
https://doi.org/10.35219/eai15840409412