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Personality and Consumer behavior
      Marketers have always been interested in understanding and attempting to
answer how personality affects an individual’s consumption behavior as this helps
them to understand customer and eventually target those customers who would
respond favorably and positively to their product/service offered.


Customer Innovativeness and Related Personality Traits

       Consumer innovators – those that are open to new products and the first in
the market to try new products/services are the ones marketing practitioners
generally try to learn about. Some of the personality traits used to differentiate
customer innovators from non-innovators would be
       Customer Innovativeness
       Consumer Dogmatism
       Social Character
       Need for Uniqueness
       Optimum Simulation level
       Sensation Seeking
       Variety and Novel seeking


Customer Innovativeness

       Over the years, the trait of customer innovativeness has been linked to
stimulation, novelty seeking and need for uniqueness. Various research studies on
innovation adoption process in first discontinuous innovations like personal
computers, video recorders have the following features.
       They are opinion leaders.
       They are tolerant towards risks.
       They are oriented form inside and independent from the norms of the
       belonging groups.
       They prefer getting informed by mass media rather than oral communication.
       They are open to new idea and changes.
       They are cosmopolites.
       They have a higher socio-economic standard.

Innovativeness can be useful in the following scenarios
       To identify and target people who are open to new product categories.
       Used as an important consideration for brand extensions.
Consumer Dogmatism

        Marketers, especially those of technologically rich products, are always
keenly interested in managing consumer responses to distinctively unfamiliar
products or product features. Consumer dogmatism is the extent to which a person
can react to information that is relevant and can judge the product/service according
to its own merits without being encumbered by irrelevant factors. Given below are
some of the traits of low dogmatic and high dogmatic personalities.

            Low Dogmatic Individuals                           Highly Dogmatic Individuals
Prefer        Innovative        products       to   More likely to choose established products.
traditional/established alternatives.
More receptive to messages that stress factual      More receptive to ads for new products/services.
differences, product benefits and other forms of
product-usage info.
Ads focus more on product information rather        Marketer uses celebrities and experts for their
than on anything else like celebrity endorsement,   new product offerings.
etc.



Social Character

       Buying behavior/patterns of an individual also depends on the character of
the individual, whether the person evaluates the product based on his own
judgment, assumption, values or standards or he tends to look to others for
guidance.

The ad given below targets an inner-directed consumer. Here the ad targets woman
                     who are self conscious about their body and the ad implies
                     them to take call to have a cigarette instead of a sweet.

                          The best example that illustrates ads that targets individuals
                          who look for other’s guidance would be Apple’s “If you don’t
                          have an IPhone ad”. The ad literally tells people that they are
                          missing out on the IPhone revolution if they haven’t bought it
                          yet.




Needforuniqueness

       For people seeking to be unique, conformity to other’s
expectations/standards in appearance/possessions is something they would avoid.
Some of the characteristics of people seeking uniqueness.
       Collecting unusual products.
       Daring to be different despite of other’s criticism.
       Abandonment of a product/brand when it is very popular amongst masses.
Always on the lookout for one-of-a-kind product to create a more distinctive
       personal image.


Optimum Simulation Level

       Some people prefer a simple, uncluttered and calm existence while others
prefer an environment with novel, complex and unusual experiences. People with
high optimum simulation levels have the following characteristics.
       Greater willingness to take risks
       Trying new products
       Being innovative in purchases
       Seeking purchase related information and being open to new retail facilities.

Studying the optimum simulation level helps manufactures and retailers in
understanding consumer preferences and ensures that consumers do not change
their brand by launching variants of brands (e.g. cigarettes, toothpastes). It also
helps in identifying the ideal product offering for the consumer once his/her OSL has
been determined. (E.g.) Holiday plans for customers based on their lifestyle.


Sensation Seeking

       This is similar to OSL concept, where consumers are characterized by the
need to for varied, novel and complex experiences and willingness to take physical
and social risks for the sake of such experience.


Variety or Novel seeking

      There are three consumer seeking variety – exploratory purchase (switching
brands to experience new, different and possibly better alternatives), vicarious
purchases (securing new information about new/difference alternatives and
contemplating whether to buy or not) and use innovativeness (using an already
adopted product in a new or novel way).
 Examples of exploratory purchase and vicarious purchases would be the purchase of
FMCG products like soaps, shampoos, biscuits.

Use innovativeness is used for promoting technological products, in which some
products have more features than the rest. Customers who seek products with many
features can be targeted to sell these products.



References

   1. Consumer Behavior by Leon G. Schiffman, Leslie Lazar Kanuk
   2. Personality Trait Theory and Consumer Behavior by Ruby Roy Dholakia
Personality and consumer behavior

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Personality and consumer behavior

  • 1. Personality and Consumer behavior Marketers have always been interested in understanding and attempting to answer how personality affects an individual’s consumption behavior as this helps them to understand customer and eventually target those customers who would respond favorably and positively to their product/service offered. Customer Innovativeness and Related Personality Traits Consumer innovators – those that are open to new products and the first in the market to try new products/services are the ones marketing practitioners generally try to learn about. Some of the personality traits used to differentiate customer innovators from non-innovators would be Customer Innovativeness Consumer Dogmatism Social Character Need for Uniqueness Optimum Simulation level Sensation Seeking Variety and Novel seeking Customer Innovativeness Over the years, the trait of customer innovativeness has been linked to stimulation, novelty seeking and need for uniqueness. Various research studies on innovation adoption process in first discontinuous innovations like personal computers, video recorders have the following features. They are opinion leaders. They are tolerant towards risks. They are oriented form inside and independent from the norms of the belonging groups. They prefer getting informed by mass media rather than oral communication. They are open to new idea and changes. They are cosmopolites. They have a higher socio-economic standard. Innovativeness can be useful in the following scenarios To identify and target people who are open to new product categories. Used as an important consideration for brand extensions.
  • 2. Consumer Dogmatism Marketers, especially those of technologically rich products, are always keenly interested in managing consumer responses to distinctively unfamiliar products or product features. Consumer dogmatism is the extent to which a person can react to information that is relevant and can judge the product/service according to its own merits without being encumbered by irrelevant factors. Given below are some of the traits of low dogmatic and high dogmatic personalities. Low Dogmatic Individuals Highly Dogmatic Individuals Prefer Innovative products to More likely to choose established products. traditional/established alternatives. More receptive to messages that stress factual More receptive to ads for new products/services. differences, product benefits and other forms of product-usage info. Ads focus more on product information rather Marketer uses celebrities and experts for their than on anything else like celebrity endorsement, new product offerings. etc. Social Character Buying behavior/patterns of an individual also depends on the character of the individual, whether the person evaluates the product based on his own judgment, assumption, values or standards or he tends to look to others for guidance. The ad given below targets an inner-directed consumer. Here the ad targets woman who are self conscious about their body and the ad implies them to take call to have a cigarette instead of a sweet. The best example that illustrates ads that targets individuals who look for other’s guidance would be Apple’s “If you don’t have an IPhone ad”. The ad literally tells people that they are missing out on the IPhone revolution if they haven’t bought it yet. Needforuniqueness For people seeking to be unique, conformity to other’s expectations/standards in appearance/possessions is something they would avoid. Some of the characteristics of people seeking uniqueness. Collecting unusual products. Daring to be different despite of other’s criticism. Abandonment of a product/brand when it is very popular amongst masses.
  • 3. Always on the lookout for one-of-a-kind product to create a more distinctive personal image. Optimum Simulation Level Some people prefer a simple, uncluttered and calm existence while others prefer an environment with novel, complex and unusual experiences. People with high optimum simulation levels have the following characteristics. Greater willingness to take risks Trying new products Being innovative in purchases Seeking purchase related information and being open to new retail facilities. Studying the optimum simulation level helps manufactures and retailers in understanding consumer preferences and ensures that consumers do not change their brand by launching variants of brands (e.g. cigarettes, toothpastes). It also helps in identifying the ideal product offering for the consumer once his/her OSL has been determined. (E.g.) Holiday plans for customers based on their lifestyle. Sensation Seeking This is similar to OSL concept, where consumers are characterized by the need to for varied, novel and complex experiences and willingness to take physical and social risks for the sake of such experience. Variety or Novel seeking There are three consumer seeking variety – exploratory purchase (switching brands to experience new, different and possibly better alternatives), vicarious purchases (securing new information about new/difference alternatives and contemplating whether to buy or not) and use innovativeness (using an already adopted product in a new or novel way). Examples of exploratory purchase and vicarious purchases would be the purchase of FMCG products like soaps, shampoos, biscuits. Use innovativeness is used for promoting technological products, in which some products have more features than the rest. Customers who seek products with many features can be targeted to sell these products. References 1. Consumer Behavior by Leon G. Schiffman, Leslie Lazar Kanuk 2. Personality Trait Theory and Consumer Behavior by Ruby Roy Dholakia