Training Course on Consumer Behavior Science
Overview
- Consumer Behavior Science explores how individuals and groups select, purchase, use, and dispose of products, services, and ideas to satisfy needs and desires.
- The course integrates psychological, social, and economic theories to understand decision-making processes, motivations, and influences on consumer actions.
- Emphasis on the dual-process model of decision-making (System 1: fast, intuitive; System 2: slow, analytical) and the AEC framework (Attention, Emotion, Coherence) to predict consumer responses.
- Real-world applications include marketing strategy, product innovation, digital consumer engagement, and ethical considerations.
Learning Objectives
- Define consumer behavior and its relevance to marketing and business strategy.
- Understand key psychological theories underpinning consumer decision-making, including Prospect Theory and behavioral economics.
- Analyse the stages of the consumer decision process: need recognition, information search, evaluation, purchase, and post-purchase behaviour.
- Apply frameworks such as the dual-process model and AEC to predict and influence consumer choices.
- Evaluate the impact of social, cultural, and technological factors on consumer behaviour.
- Develop skills to design marketing strategies that effectively engage target audiences and drive behavioural change.
- Recognise ethical and societal implications of consumer behaviour and marketing practices.
Training Methodology
- Interactive lectures combining theory with contemporary research findings and case studies from global brands.
- Group discussions and role-playing exercises to simulate consumer decision scenarios.
- Hands-on workshops analysing behavioural data and designing marketing interventions.
- Use of digital tools and behavioural experiments to observe and influence consumer choices.
- Reflective assignments encouraging application of concepts to participants’ organisational contexts.
- Continuous formative assessments through quizzes, group presentations, and a final capstone project.
- Access to curated readings, video lectures, and online forums for peer learning and expert Q&A.
Organisational and Personal Impact
- Organisations will gain enhanced capability to understand and anticipate consumer needs, improving product development, pricing, and promotional strategies.
- Improved customer-centric decision-making leading to increased market share and customer loyalty.
- Personal development includes advanced analytical skills, behavioural insight application, and strategic thinking.
- Empowerment to lead innovation initiatives grounded in consumer psychology.
- Heightened awareness of ethical marketing practices and social responsibility.
- Ability to foster cross-functional collaboration by bridging marketing, sales, and product teams with behavioural science insights.
Target Audience
- Marketing professionals seeking to deepen understanding of consumer psychology.
- Product managers and brand strategists aiming to align offerings with consumer needs.
- Market researchers and data analysts interested in behavioural data interpretation.
- Business consultants advising on customer engagement and growth strategies.
- Entrepreneurs and innovation leaders focused on consumer-driven product development.
- Academics and students in marketing, psychology, and business disciplines.
- Anyone involved in customer experience, digital marketing, or social marketing campaigns.
Course Outline
Day 1: Foundations of Consumer Behavior Science
- Introduction to consumer behaviour: definitions and scope
- The dual-process model of decision-making (System 1 & System 2)
- Overview of behavioural economics and Prospect Theory
- Consumer motivation and the role of intrinsic vs extrinsic factors
Day 2: Drivers of Consumer Behavior: Attention, Emotion, and Coherence
- The AEC framework explained with examples
- How attention shapes consumer choices
- Emotional influences on purchasing decisions
- Creating coherence in marketing messages to enhance persuasion
Day 3: The Consumer Decision-Making Process
- Stages: need recognition, information search, evaluation, purchase, post-purchase
- Psychological and social influences on each stage
- Role of social media, culture, and group dynamics
- Case studies on successful and failed marketing campaigns
Day 4: Applying Consumer Behavior Insights
- Behavioural data analysis and experimental methods
- Designing marketing strategies based on consumer insights
- Digital consumer behaviour and online engagement frameworks
- Ethical considerations and societal impact of marketing
Day 5: Integration and Practical Application
- Workshop: Developing a consumer behaviour-driven marketing plan
- Group presentations and peer feedback
- Reflecting on organisational challenges and opportunities
- Course summary, key takeaways, and next steps for continued learning
Conclusion
- Consumer Behavior Science is a critical discipline that empowers organisations to connect authentically with their customers.
- By understanding the psychological and social drivers of consumer decisions, professionals can craft more effective, ethical, and innovative marketing strategies.
- This course equips participants with both theoretical knowledge and practical tools to influence behaviour positively and sustainably.
- Embrace consumer behaviour insights to drive growth, foster loyalty, and lead market innovation in an ever-evolving business landscape.
- We encourage ongoing learning and application of these principles to stay ahead in the dynamic world of consumer markets.