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About Business Basics
Business Basics are AI-generated explanations prepared with access to the complete collection, human-reviewed prior to publication. Short and simple, covering business fundamentals.
Topics Covered
- Core concepts of consumer behavior
- Purchasing decision influences
- Consumer decision-making process
- Consumer behavior research methods
- Market segmentation and personas
- Impact of digital/social channels
- Applying insights to marketing strategy
Talk Citation
(2026, March 31). Consumer behavior in market research [Video file]. In The Business & Management Collection, Henry Stewart Talks. Retrieved April 18, 2026, from https://doi.org/10.69645/WSLZ2994.Export Citation (RIS)
Publication History
- Published on March 31, 2026
A selection of talks on Marketing & Sales
Transcript
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0:00
Consumer behavior
is a dynamic field
at the core of marketing,
encompassing why and how
individuals select,
purchase, use,
or dispose of products,
as well as the complex influences
shaping these actions.
It blends psychology,
sociology, economics,
and anthropology to reveal
conscious and hidden motivations
behind purchasing decisions.
Modern research explores
the full decision making
journey from recognizing a need
to post purchase evaluation,
rather than limiting attention
only to transactions.
Emotional, social, and
symbolic benefits are as
significant as functionality
in determining consumer value.
When conducting market research,
it is essential to study
the entire consumer
decision making process,
identification of a need,
information search,
evaluation of alternatives,
purchase and post
purchase reflection.
External factors like
cultural background,
social influences,
and environment combine with
internal drivers
such as attitudes,
perception, motivation,
and self concept.
Choices may be swayed by
online reviews,
displays or identity.
Understanding these
patterns is vital for
shaping product development
and promotional messaging,
especially as digital and
social channels grow.
To investigate
consumer behavior,
researchers use both
qualitative and
quantitative methods.
Quantitative research, such
as large scale surveys,
tells us what, when,
who, and how much.
For example, it
might show a brand