An appraisal of family decision making and purchase roles a case study of nestle plc
Table Of Contents
Thesis Abstract
Family decision making and purchase roles play a significant role in consumer behavior research, especially in the context of household purchase decisions. This study aims to provide an appraisal of family decision making and purchase roles within the context of Nestle PLC, a multinational food and beverage company. The research will focus on understanding how family members within households make decisions regarding Nestle products and the roles they play in the purchase process. The methodology for this study will involve a case study approach, where data will be collected through interviews and surveys conducted with members of different households that purchase Nestle products. The research will examine the various factors that influence family decision making, such as cultural influences, social dynamics, and individual preferences. Additionally, the study will explore the different roles that family members play in the purchase process, including initiators, influencers, decision-makers, buyers, and users. The findings of this research are expected to provide valuable insights into the dynamics of family decision making and purchase roles within the context of Nestle PLC. By understanding how different family members contribute to the purchase decisions related to Nestle products, the company can tailor its marketing strategies to better target and engage with its consumer base. Furthermore, the study will contribute to the existing body of knowledge on consumer behavior research, specifically in the area of family decision making and purchase roles. Overall, this research aims to shed light on the complex process of family decision making and purchase roles within households, with a specific focus on Nestle PLC as a case study. By exploring the factors that influence these decisions and the roles that family members play in the purchase process, this study seeks to provide practical implications for companies like Nestle to enhance their marketing strategies and better meet the needs and preferences of their target consumers.
Thesis Overview
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</p><p><strong>INTRODUCTION</strong></p><p> A family is a group of two or more persons related by blood, marriage or adoption who reside together. There are two main types of family, nuclear and extended family. The nuclear family is the immediate group of father mother and children living together. The extended family includes the nuclear family plus other relatives such as grandparents, uncles and aunts, cousins, and in-laws. The family into which one is born is called the family of orientation, whereas the one established by marriage is the family of procreation. Household is another term frequently used by marketers when describing consumer behavior. Household differs from family, in that household describe all the persons both related and unrelated who occupy a housing unit. Families have higher median incomes than do households because of the greater number of employed individuals in families. For both families and households the four structural variables that impact purchasing decisions most and that are therefore of primary interest to marketers are the age of head of household or family, marital status, presence of children and employment status. However, the way families make decision can be better understood by consulting sociological dimensions such as cohesion, adaptability and communication.</p>
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