
e-ISSN: 2576-0971. January - March Vol. 8 - 1 - 2024 . http://journalbusinesses.com/index.php/revista
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Marketing can be defined as everything that is done in the process of exchange of
products or services between seller and buyer, seeking mutual benefit and generating
profitability.
Today's marketing approach is based on precise market segmentation, tailoring messages
in a personalized way and building lasting relationships. Special attention is devoted to
the use of data and analytics to make informed decisions and adjust strategies in a timely
manner. The field of marketing, as an essential discipline in business, has undergone a
process of constant transformation over time. From its origins to the present digital era,
it has evolved significantly, adjusting to changing consumer demands and expectations.
As the preeminent marketing expert, Philip Kotler, eloquently noted, "Marketing is not
the art of selling what you produce, but the ability to determine what to produce." This
statement reflects the shift from a production-centric approach to a customer-centric
approach, which marked the beginning of the evolution of marketing.
Authors such as Herbert Simon, in his theory of bounded rationality, and Daniel
Kahneman, with his work in behavioral economics, have revealed that purchasing
decisions are not always perfectly rational, but are often influenced by biases and
heuristics. Richard Thaler, winner of the Nobel Prize in Economics, has also contributed
to the field by exploring how individuals make decisions under uncertainty. Ultimately,
understanding consumer behavior enables companies to tailor their marketing strategies
effectively to meet the needs and wants of the target market.
• The study of consumer behavior in the field of marketing is
• essential to understanding how individuals make purchasing decisions and how
they make
• are influenced by a variety of factors.
• Consumer Behavior
Consumer behavior in marketing refers to the study of the activities, influences and
decisions made by individuals or groups when buying or using a product or service to
satisfy their needs. This knowledge allows companies to develop marketing strategies
based on the benefits that the product or service brings to the consumer, taking into
account the psychological and social aspects that affect them.
Why do we shop in a particular place? Some marketing authors have identified several
factors that influence consumers' purchasing decisions. Some of these factors are the
quality of the product, the price, the brand, the location of the store and the company's
advertising. In addition, the authors have also identified that consumers shop at a certain
location because it is convenient for them and because they like the store's ambiance.
According to the American Marketing Association (A.M.A.), the customer is "the
potential or actual buyer of the products or services offered by a company".
Philip Kotler, an influential author in the field of marketing defines a customer as
"someone who buys a product or service to satisfy a need or desire, either for personal