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Buying Behavior and Customer Satisfaction

The document discusses consumer buying behavior and factors that influence purchasing decisions. It also examines the importance of customer satisfaction for businesses. According to several studies and experts cited, social media has significantly impacted consumer behavior by enabling brand relationships and influencer marketing. Understanding consumer wants, needs, and decision-making processes which consider socio-cultural and psychological factors is important for marketers. Measuring customer satisfaction is also important as dissatisfied customers will voice complaints, especially on social media. Ensuring customer satisfaction and loyalty through positive social media interactions and service can provide competitive advantages for retailers.
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100% found this document useful (2 votes)
602 views4 pages

Buying Behavior and Customer Satisfaction

The document discusses consumer buying behavior and factors that influence purchasing decisions. It also examines the importance of customer satisfaction for businesses. According to several studies and experts cited, social media has significantly impacted consumer behavior by enabling brand relationships and influencer marketing. Understanding consumer wants, needs, and decision-making processes which consider socio-cultural and psychological factors is important for marketers. Measuring customer satisfaction is also important as dissatisfied customers will voice complaints, especially on social media. Ensuring customer satisfaction and loyalty through positive social media interactions and service can provide competitive advantages for retailers.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Buying behavior

According to An Nyuyen (2020), during the past decade, the internet in general

and social media in particular has become one of the most indispensable elements

creating rapid strides, enabling multiple global industries to interact and abolish certain

distances in the brands and in consumers relationships. The strategy is called influencer

marketing where brands have been lately integrating into their businesses through

endorsements from influencers who have access to a large amount of audience has

made a significant impact on the consumers’ buying intention.

According to Dr. Fermin G. Castillo (2018), by studying the consumer buying

behavior of customer, the marketers are able to find innovative and creative solutions in

dealing with their target market. Understanding their wants and needs are just the first

step of the process that leads to buying decision to brand loyalty.

Alina Stankevich (2017). The amount of time dedicated to this step usually

depends on the consumer's past experience with buying the product, the risk involved

and the level of interest. Once consumer created a set of alternative products to choose

from, he/she has created an evoked set. This set consists of the most preferred

alternatives. Once the evoked set has been decided upon, the consumer will then

conduct final research to further shrink his/her choices.

According to Walsh (2016), what is more, nowadays consumers care about the

global resources and community and want to know that the brands they purchase from

doing so too. In 2016 and onwards, it sees more businesses align with environmental
and social causes to appeal to increasing pressure for brands to authentically stand for

something greater than the products they sell.

Gunay Sadikuglo (2017). Consumer behaviour has always been of a great

interest in marketing research. The consumer buying behaviour has become an integral

part of strategic market planning and includes mental, emotional and physical activities.

The consumer behaviour and decision-making process are usually subject to

uncertainties related to influences of socio-cultural, psychological and personal factors.

Customer Satisfaction

Helena Mueller (2017). Social Media is not an exception to the rule when it

comes to customer interaction, and indeed satisfaction. There has been no shortage of

companies that have made mistakes on social media, and customers don’t hesitate to

make their voice heard when it comes to distinct discrimination, or poorly made

decisions based on self-interest or clear lack of facts. Yet, social media done right can

be an invaluable asset towards making your customers happy and satisfied. A nice

gesture towards someone can go a long way, and so can a tweet, or a Facebook

update.

According to Hooley, Neary, Morris and Mackay (2016) Customer satisfaction is

an important outcome of career guidance. Public services have a duty to attend to their

customers and to ensure that they are happy with the services they receive. Measuring

customer satisfaction offers one way to do this. Customer satisfaction research has

emerged from the fields of healthcare and business over the last 30 years. It has
included measurement and investigation of perceived performance, customer

expectations, service quality, delivery, and the gaps and relationships between these

concepts.

Usha Ramanathan, Nachiappan Subramanian, Guy Parrott (2017). The

technology evolution compels retail networks to introduce unique business models to

retain customers and to gain a competitive advantage. Customer reviews available

through social media need to be taken into account by retail networks to design a model

with unique service operations and marketing approaches that will improve loyalty by

adding value to customers. Furthermore, the relationship between customer satisfaction

and customer spending behaviour is very weak and needs further investigation.

Noor Razak (2017). In purchasing industry, to ensure the connection of the

customer is very important and one of it is by ensure their satisfaction. This study

confirm the importance of social media reviews, marketing, and interaction between

promotion and service operations enabling retail networks to build loyalty and

valuebased models which triggers the retail network to defend their position within a

very competitive business market.

Shiau Pei Shih, Szuchiang Yu, and Hui Chin Tseng (2015). The beverages

industry is the widest base compared to others. A consumer is anyone makes a

purchase and transaction decision of goods and services form a store or a company.

This study wanted to investigate the consumers' beverage purchasing behavior and

their preference for different beverage groups in Tainan City, Taiwan.

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