MI4001 Consumer Behavior Syllabus:

MI4001 Consumer Behavior Syllabus – Anna University PG Syllabus Regulation 2021

COURSE OBJECTIVE:

 To study and understand the consumer’ behavior in-order to effectively utilise the market’ potential

UNIT I INTRODUCTION

Understanding Consumer behaviour – Consumption, Consumer orientation, Interpretive and Quantitative approaches – Effects of Technology, Demographics and Economy on Consumer behaviour.

UNIT II INTERNAL INFLUENCES

Influences on consumer behavior – motivation – perception – Attitudes and Beliefs – Learning and Experience – Personality & Self Image.

UNIT III EXTERNAL INFLUENCES

Socio-Cultural, Cross Culture – Family group – Reference group – Communication – Influences on Consumer behavior

UNIT IV CONSUMER BEHAVIOR MODELS

Traditional and Contemporary Consumer behaviour model for Individual and industrial buying behaviour and decision making.

UNIT V PURCHASE DECISION PROCESS

Consumer decision making process – Steps, Levels and decision rules – Evolving Indian consumers – Opinion Leadership – Diffusion and Adoption.

TOTAL: 45 PERIODS

COURSE OUTCOMES:

The student understands
1. Consumer orientation and consumption
2. Intrinsic influences
3. Effects of external influences
4. Models of consumer and industrial buying
5. The decision making process

REFERENCES :

1. Ramanuj Majumdar, Consumer Behaviour – Insights from Indian Market, PHI, 2010.
2. Leon G.Schiffman and Leslie LasarKanuk, Consumer Behavior, Pearson Education, India, ninth edition, 2010.
3. Barry J.B., Eric G.H., Ashutosh M., Consumer Behaviour – A South Asian Perspective, Cengage Learning, 2016.
4. Paul Peter et al., Consumer Behavior and Marketing Stratergy, Tata McGraw Hill, Indian Edition, 7th Edition 2005.