MRKT - Buyer Behaviour - Assignment 1Individual report Essay

MRKT - Buyer Behaviour - Assignment 1Individual report - Essay Example A lot of other factors like of age, sex, ethnicity, etc are involved in designing the needs and choices for body modification among individuals. Body modification is influenced by a large number of issues. In fact, the concept of enhancing one’s looks depends upon a host of factors like demographics, income distribution, among a few others. The diversified notions regarding different body modification products can be judged best by analysing the customers who are in any case the best judge of a product. Theoretical models of consumer behavior portray the decision making process of an individual as a function of ones own needs and wants; however, in many cases, buying decision of the same individual gets affected by the needs of others i.e., family, friends, social class etc. Consumer behavior is a new subject which has its inputs from economics, psychology, social science and political science. Effectively, the behavioral trend of customers is tracked through the stimulus-response analysis. Marketers provide a stimulus through their product offerings and try to attract the customers through packaging, promotion and pricing. The customer responds to the stimulus by their choice of purchase. The most efficient method to analyse a customer’s buying behavior is through inductive analysis. In this study, the effect of internal and external factors that might be affecting the customer is identified. ( Solomon M. R., Dann S. Dann and Bennett, 2007) In analysing the buying behavior of customers for body modification products, a survey was conducted across some random respondents. The summary of the findings are diverse and interesting. In order to make the research comprehensive, different forms of body modification techniques were selected; Botox treatment, Lasik surgery, tattooing, body piercing, hair transplantation, and breast implantation. Botox treatment is a common therapy to remove wrinkles in the eyebrows area. It is done through