Consumers and Markets: Analyzing Behavioral Shifts and Emerging Challenges

Rajagopal, PhD
EGADE Business School, Monterrey Institute of Technology and Higher Education, ITESM, Mexico City Campus, Mexico

Raquel Castaño
EGADE Business School, Tecnologico de Monterrey, Mexico

David Flores
Senior Lecturer of Marketing, University of San Francisco, Pacifica, CA, USA

Series: Marketing and Operations Management Research
BISAC: BUS043000

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Edited by I Leslie Rubin, Robert J Geller, Abby Mutic, Benjamin A Gitterman, Nathan Mutic, Wayne Garfinkel, Claire D Coles, Kurt Martinuzzi, and Joav Merrick

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Explaining consumer behavior today appears to be more complex than interpreting the conventional paradigm of perceptions, attitude, and behavior led by the classical cognitive theories. As the marketplace environment is changing rapidly in the twenty-first century following the growth of innovation, technology, market communications, and changing socio-cultural patterns, consumer behavior is largely driven by emotions, peer influence, and perceived values. When a company connects with customers’ emotions, the returns may be huge.

This book documents the current consumer behavior development in changing business paradigms and suggests managerial implication for the companies to follow for gaining competitive advantage. The discussion on the topics of consumer behavior are built in the book around the ten chapters comprising evolving global consumer markets, understanding consumers through marketing research, consumer-market symbiosis, consumer health information and decision-making, catalyzing buying propensity, innovation, technology and consumption, dysfunctional consumption patterns, serving consumers in emerging markets, managing consumer experiences, and the future of consumers. (Imprint: Nova)

Foreword

Preface

Chapter 1. Evolving Global Consumer Markets

Chapter 2. Understanding Consumers through Marketing Research

Chapter 3. Consumer-Market Symbiosis

Chapter 4. Consumer Health Information and Decision-making

Chapter 5. Catalyzing Buying Propensity

Chapter 6. Innovation, Technology and Consumption

Chapter 7. Dysfunctional Consumption Patterns

Chapter 8. Serving consumers in emerging markets

Chapter 9. Managing Consumer Experience

Chapter 10. Future of Consumers

Index

Chapter 1

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