CONSUMER BEHAVIOUR AND FACTORS INFLUENCING CONSUMER BEHAVIOUR: A CONCEPTUAL STUDY


Praveen Kumar Prajapati, Dr. Dharmnath Uraon
1.Research Scholar; Department of Economics, University of Allahabad, 2.Assistant Professor; Department of Economics, University of Allahabad
Abstract
This conceptual study explores the integral role of consumers in an economy, highlighting their influence on producers through purchasing, usage, and disposal behaviours. Consumer behaviour encompasses a broad spectrum of activities, from decision-making processes to post-consumption actions. The paper delineates the distinctions and interrelations between consumer behaviour and consumption behaviour. It identifies five primary factors influencing consumer buying behaviour: personal, economic, psychological, social, and cultural. Each factor comprises various elements, such as income, occupation, perception, family, and cultural values, which collectively shape consumer decisions. This research provides a comprehensive framework for understanding the influences on consumer behaviour, emphasizing its complexity and significance in economic activities.
Keywords:
Journal Name :
EPRA International Journal of Multidisciplinary Research (IJMR)

VIEW PDF
Published on : 2024-07-04

Vol : 10
Issue : 7
Month : July
Year : 2024
Copyright © 2024 EPRA JOURNALS. All rights reserved
Developed by Peace Soft