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Behavioral Models that Influence Consumers Purchase Decisions

Author

Listed:
  • Dimitrie Stoica

    (Dunarea de Jos University of Galati, Romania)

  • Cezar Ionut Bichescu

    (Dunarea de Jos University of Galati, Romania)

  • Maricica Stoica

    (Dunarea de Jos University of Galati, Romania)

Abstract

This article delves into the complexities of consumer behavior, offering an analysis of traditional and modern behavioral models to understand purchasing decisions. It begins with presentation of the Marshallian, Pavlovian, Freudian, and Veblenian models, which focus on economic, psychological, and social influences. Subsequently, the study explores contemporary frameworks like the Nicosia, Engel-Kollat-Blackwell, and Bettman models, highlighting their contributions to comprehending the consumer decision-making process in a dynamic market environment. By integrating insights from various models, the article underscores the significance of understanding consumer psychology, external stimuli, and individual roles in purchase activities. This review aims to equip marketers with the knowledge to devise effective strategies that address current market challenges and enhance consumer satisfaction and organizational profitability.

Suggested Citation

  • Dimitrie Stoica & Cezar Ionut Bichescu & Maricica Stoica, 2024. "Behavioral Models that Influence Consumers Purchase Decisions," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 2, pages 71-76.
  • Handle: RePEc:ddj:fseeai:y:2024:i:2:p:71-76
    DOI: https://doi.org/10.35219/eai15840409412
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    References listed on IDEAS

    as
    1. Pornpitakpan, Chanthika, 2012. "A critical review of classical conditioning effects on consumer behavior," Australasian marketing journal, Elsevier, vol. 20(4), pages 282-296.
    2. Moraru Andreea Daniela, 2011. "Fundamental Theories on Consumer Behaviour: An Overview of the Influences Impacting Consumer Behaviour," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 837-841, May.
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