A groundbreaking study by Elizabeth Sproles and George Sproles, published in the Journal of Consumer Affairs in 1990, unveiled a profound connection between individual learning styles and consumer behavior patterns. This research provides invaluable insights for businesses aiming to tailor their marketing strategies to the psychological profiles of their target customers. By understanding the distinct consumer styles, companies can enhance their marketing approaches, potentially leading to increased profitability.
The Sproles' study identified eight distinct consumer styles, each with unique characteristics and learning preferences:
Understanding these consumer styles is crucial for developing effective marketing strategies. For instance, online retailers are likely to encounter perfectionists, novelty seekers, and price-conscious consumers who prioritize information before purchasing. Similarly, B2B marketers often engage with perfectionist and price-conscious clients, necessitating a focus on detailed information and clear benefits.
Moreover, marketers can leverage this knowledge to influence consumer behavior. For example, a price-conscious consumer might become brand-loyal if consistently offered high quality at a lower price. Similarly, simplifying choices and providing clear information can help the confused-by-overchoice consumer become more brand-loyal.
By studying and understanding the consumer styles prevalent in their target market, businesses can craft marketing strategies that resonate with their audience's preferences. This tailored approach can lead to more effective marketing campaigns and, ultimately, a healthier bottom line.
For further reading on the original study, refer to the work of Elizabeth and George Sproles in the Journal of Consumer Affairs.
Darrin F. Coe, MA, an expert in consumer psychology, offers additional insights into internet consumer behavior in his report, "The Internet Consumer Exposed," available at consumer-thinking.com.
References:
Sproles, Elizabeth & Sproles, George (1990). Consumer Decision-Making Styles as a Function of Individual Learning Styles. The Journal of Consumer Affairs. Vol. 24. Issue 1.