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Social Factors: Presented By: Pratibha Gurumath USN: 18MBA32

This document discusses social factors that influence consumer behavior. It notes that humans are social animals that live in societies with laws and norms. The key social factors identified are reference groups, immediate family, relatives, roles in society, and social status. Reference groups include primary groups like friends and family who consumers directly interact with regularly, as well as secondary groups like religious organizations they interact with less directly. The document provides examples of how these different social factors can influence specific purchasing decisions and notes how consumer needs change throughout life stages from bachelorhood to retirement.

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Lïkïth Räj
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90 views7 pages

Social Factors: Presented By: Pratibha Gurumath USN: 18MBA32

This document discusses social factors that influence consumer behavior. It notes that humans are social animals that live in societies with laws and norms. The key social factors identified are reference groups, immediate family, relatives, roles in society, and social status. Reference groups include primary groups like friends and family who consumers directly interact with regularly, as well as secondary groups like religious organizations they interact with less directly. The document provides examples of how these different social factors can influence specific purchasing decisions and notes how consumer needs change throughout life stages from bachelorhood to retirement.

Uploaded by

Lïkïth Räj
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd

SOCIAL

FACTORS

PRESENTED BY: PRATIBHA GURUMATH


USN: 18MBA32
Social Factors affecting Consumer
Behavior
Social factors play an essential role in influencing the buying
decisions of consumers.
Human beings are social animals. We need people around to talk to
and discuss various issues to reach to better solutions and ideas. We
all live in a society and it is really important for individuals to adhere
to the laws and regulations of society.
Social Factors influencing consumer buying decision can be classified
as under:
 Reference Groups
 Immediate Family Members
 Relatives
 Role in the Society
 Status in the society
Reference Groups
Every individual has some people around who influence him/her in
any way. Reference groups comprise of people that individuals
compare themselves with. Every individual knows some people in the
society who become their idols in due course of time. Co workers,
family members, relatives, neighborsS, friends, seniors at workplace
often form reference groups.
Reference groups are generally of two types:

a. Primary Group - consists of individuals one interacts with on a


regular basis.
Primary groups include:
 Friends
 Family Members
 Relatives
 Co Workers
All the above influence the buying decisions of consumers due
to following reasons:
They have used the product or brand earlier.
They know what the product is all about. They have complete
knowledge about the features and specifications of the product.
Tim wanted to purchase a laptop for himself. He went to the
nearby store and purchased a Dell Laptop. The reason why he
purchased a Dell Laptop was because all his friends were using
the same model and were quite satisfied with the product. We
tend to pick up products our friends recommend.
A married individual would show strong inclination towards
buying products which would benefit not only him but also his
family members as compared to a bachelor. Family plays an
important role in influencing the buying decisions of
individuals.

a. Every individual goes through the following stages and


shows a different buying need in each stage:
 Bachelorhood: Purchases Alcohol, Beer, Bike,
Mobile Handsets (Spends Lavishly)
 Newly Married: Tend to purchase a new house, car,
household furnishings. (Spends sensibly)
 Family with Children: Purchases products to secure
his as well as his family’s future.
 Empty nest (Children getting
married)/Retirement/Old Age: Medicines, Health
Products, and Necessary Items.
A Ford Car in the neighbourhood would prompt three
more families to buy the same model.
b. Secondary Groups - Secondary groups share indirect
relationship with the consumer. These groups are more
formal and individuals do not interact with them on a
regular basis, Example - Religious Associations, Political
Parties, Clubs etc.
SOCIAL FACTORS & ONLINE EXPRESSION

1. Role in the Society


Each individual plays a dual role in the society depending on the
group he belongs to. An individual working as Chief Executive
Officer with a reputed firm is also someone’s husband and father at
home. The buying tendency of individuals depends on the role he
plays in the society.
2. Social Status
An individual from an upper middle class would spend on
luxurious items whereas an individual from middle to lower
income group would buy items required for his/her survival.
Thank you

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