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Personality Does Not Matter to Marketing Practitioners: a Debate

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Consumer Behaviour Personality Does Not Matter to Marketing Practitioners: A Debate Submitted By: Chetna Mehra FT13320 Introduction Are you a chicken soup lover or prefer the good old tomato soup any day? Was it a jelly bean sandwich or the one with peanut butter last time you craved for? Popcorn or Pretzels? A peak into small choices that you make can bring an immense delight to a marketer, as he would know what to sell you and when? No, he is not a spy but a pro on understanding personality types. One of the best tools for marketer is an insight of his/her target customers' overall personality. Personality is defined as the inner psychological characteristics that determine and reflect how a person responds to his or her …show more content…

The theory reflects an individual's desire to become part of the social setting or group who owns the coveted product. The desire to own an Apple product - an iPhone, iPad or a Macbook reflects an individual's desire to become part of the elite group who own these products. Trait Theory and Consumer Personality A trait is distinguished relatively enduring way in which one individual differs from another. The theory looks at differentiating one individual from another by pin pointing individual traits. The Single-trait Personality test devised to study the consumer personality is widely used by marketers. The test helps in measuring traits such as: Consumer Innovativeness: how receptive a person is to new ideas. Consumer Materialism: How attached a consumer is to worldly possessions Consumer Ethnocentrism: How much is consumer likely to accept or reject foreign products Consumer Innovators: These consumers’ are a marketer’s favourite. Consumer innovators are open to new ideas and want to try out a new products and services. For example, freelancers or bloggers these days visit various restaurants in the city and review them too. These innovators like to share their experiences with others. Companies are in fact now have turned to such bloggers who are respected in bloggers community to get their products and services by these bloggers. Many co-bloggers and consumers these days base their buying decision on such reviews these days.

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