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ELEC (BA) 5 – MM3
CHAPTER 4: SOCIAL AND CULTURAL INFLUENCES 4.1 Social Influences
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Social influences play a significant role in consumer behavior by affecting how individuals make purchasing decisions. These influences include: 1. Family – family members can shape preferences and buying habits, often acting as primary influencers in decisions related to household products and services. 2. Friends and Peers: Recommendations and opinions from friends and peers can impact choices, especially in areas where social validation is important, such as fashion or technology.
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3. Social Networks: Online social networks and communities provide platforms for sharing reviews, experiences, and recommendations, which can sway consumer decisions. 4. Cultural Norms: Cultural values and social norms guide behavior and preferences, influencing choices based on accepted practices and beliefs within a society. 5. Reference Groups: These include groups that individuals identify with or aspire to join, such as professional organizations or social clubs, which can affect their consumption patterns.
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6. Influencers: Individuals with significant social media followings can affect consumer perceptions and decisions through endorsements and content. Understanding these social influences helps businesses tailor their marketing strategies to align with consumer expectations and preferences shaped by their social environment. 4.2 Cultural and Subcultural Factors Cultural and subcultural factors profoundly impact consumer behavior by shaping values, beliefs, and preferences.
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Cultural Factors • Values and Beliefs: Fundamental values and beliefs of a culture influence consumer priorities, such as preferences for certain products or ethical considerations. • Customs and Traditions: Traditional practices and customs can dictate purchasing patterns and product usage. • Language and Symbols: Cultural meanings attached to
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language and symbols affect how consumers interpret marketing messages and brand identities. Subcultural Factors • Subcultures: Groups within a larger culture with distinct values and interests, such as ethnic groups, religious communities, or social classes, often have unique preferences and consumption habits. • Lifestyle and Interests: Subcultures may have specific lifestyles or interests that drive demand for particular products or services. • Social Groups: Associations with specific subcultural
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groups can influence brand choices and purchasing behavior, reflecting the group's identity and value. Understanding these factors allows businesses to create targeted marketing strategies that resonate with diverse consumer segments and meet their specific needs. 4.3 Role of Social Media and Influencers Social media and influencers play crucial roles in shaping consumer behavior in today's digital age. Here’s how each impacts consumer behavior:
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Role of Social Media 1. Information Sharing • Product Discovery: Social media platforms are key channels for discovering new products and services through posts, ads, and recommendations. • Reviews and Ratings: Consumers often rely on social media reviews and ratings to gauge the quality and reliability of products. 2. Social Proof
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• User-Generated Content: Content created by users, such as photos and reviews, provides social proof and can influence others' perceptions and purchasing decisions. • Brand Interactions: Engagement with brands through comments, likes, and shares can build trust and enhance brand loyalty. 3. Targeted Advertising • Personalized Ads: Social media platforms use algorithms to deliver targeted advertisements based on user behavior, preferences, and demographics.
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• Promotions and Deals: Brands use social media to promote special offers, discounts, and exclusive deals to attract and retain customers. 4. Trend Creation • Viral Content: Social media can quickly turn products, services, or trends into viral phenomena, significantly impacting consumer interest and demand.
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• Influencer Collaborations: Brands often collaborate with social media influencers to reach a wider audience and capitalize on trending topics. Role of Influencers 1. Authenticity and Trust • Personal Endorsements: Influencers are seen as more relatable and trustworthy compared to traditional
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advertisements, as they often share personal experiences and recommendations. • Expert Opinions: Influencers with expertise in specific areas (e.g., beauty, tech) provide credible and valued opinions that can influence consumer decisions. 2. Engagement and Reach • Targeted Influence: Influencers have dedicated followings within specific niches or demographics, allowing brands to reach targeted audiences effectively.
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• Content Creation: Influencers create engaging and visually appealing content that showcases products in real-life scenarios, making them more attractive to potential buyers. 3. Brand Perception • Image Building: Endorsements by influencers can enhance a brand’s image and appeal, aligning it with the influencer’s style and values.
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• Trendsetting: Influencers often drive trends and set new standards in consumer preferences, shaping market demand. 4. Customer Interaction • Feedback Loop: Influencers can provide valuable feedback from their audience, helping brands understand consumer sentiments and preferences.
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In summary, social media and influencers significantly impact consumer behavior by shaping perceptions, providing social proof, and influencing purchasing decisions through personalized and engaging content. Tarlac Christian College ACTIVITY NO.6: Social Influence Case Study Analysis
DIRECTIONS:
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NOTE: UPLOAD YOUR OUTPUT IN OUR GDRIVE ACTIVITY NO.7: Cultural Impact on Consumer Behavior Project DIRECTIONS:
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NOTE: UPLOAD YOUR OUTPUT IN OUR GDRIVE Tarlac Christian College QUIZ NO.3 MATCHING TYPE: Match column A with column B. Write the letter of the correct answer on ½ crosswise paper. Tarlac Christian College