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Learning Objectives
Understand the nature personality in Consumer Behaviour. Understand the application of personality in marketing.
What is Personality?
Inner psychological characteristics that equally
determine and reflect how an individual consumer responds to his or her environment (S&K, 2010).
Personality is an individuals characteristic response tendencies across similar situations (H&M, 2012). Unique combination of factors, qualities, habits, attributes, traits, and mannerisms.
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Nature of Personality . . .
Personality reflects individual differences. Personality is consistent and enduring. But, Personality can change.
Question: What are the implications of the properties of personality for marketing strategy?
Nature of Personality . . .
Personality reflects individual differences Personality is consistent and enduring But, Personality can change
A trait is any distinguishing, relatively enduring way in which one individual differs from one another
Extroversion: talkative, bold, aggressive, dominance Emotional stability: moody, temperamental, touchy Agreeableness: sympathetic, kind, polite, trust Openness to experience: imaginative, appreciative of art, innovative, novelty conscious, Conscientiousness: careful, precise, efficient, hard working.
Consumer Innovativeness
Consumer Ethnocentrism
Consumer materialism
Value consciousness
Competitiveness
Choose products that fit their personality traits (see table 1). Use products to improve areas of their personality where they feel weak. Assign human personality traits to different products, services, brands, colors and nations (brand personality).
Personality Traits
Ambitious, successful, high achiever
Snack Crackers
Cheese Curls Nuts Popcorn Meat snacks
Marketers
Segment markets on the basis of personality traits. Develop products that match consumers personality traits. Determine prices that match consumers personality. Position their products and services as providing opportunities to improve ones personality or reflect ones personality. Communicate and Build brand personality
a set of human characteristics that become associated with a brand and are a particular type of image that some brands acquire.
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Brand Personality
Sincerity
Excitement
Competence
Sophistication
Ruggedness
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Discussion
What is the personality of the following car brands? BMW, Audi, Toyota, Honda, Hyundai
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Personality Sophisticated, power, authority Goodness, purity, formality Human, exciting, passionate Secure, relaxed, living
Respect, authority
Orange Yellow
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