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Consumer Behaviour Theory

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Jeff Bray

Consumer Behaviour Theory: Approaches and Models

Consumer Behaviour Theory: Approaches and Models...............................................2
1.1 Consumer behaviour & consumer decision making ............................................2
1.2 Theoretical approaches to the study of consumer behaviour..............................3
1.3 Economic Man .....................................................................................................4
1.4 Psychodynamic Approach ...................................................................................4
1.5 Behaviourist Approach ........................................................................................5
1.6 Cognitive Approach .............................................................................................6
1.6.1 Cognitive Models of Consumer Behaviour ..................................................9
1.6.1.1 Analytic Cognitive Models ..................................................................10
1.6.1.2. Prescriptive Cognitive Models............................................................20
1.7 Humanistic Approach ........................................................................................25
1.7.1 Humanistic Models of Consumer Behaviour..............................................25
1.9 Summary ............................................................................................................28
References................................................................................................................29

Figure 1.1: Stimulus-Organism-Response Model of Decision Making........................7
Figure 1.2: Cognitive Consumer Behaviour Models ..................................................10
Figure 1.3: Major components of the Theory of Buyer Behavior ..............................11

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