How Religion Affects Consumer Behavior. Consumer Attitudes and Seasonal Demand for Products

How Religion Affects Consumer Behavior. Consumer Attitudes and Seasonal Demand for Products

Author: Yousuf Daas

Publisher:

Published: 2019-06-22

Total Pages: 32

ISBN-13: 9783668999763

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Research Paper (postgraduate) from the year 2018 in the subject Business economics - Marketing, Corporate Communication, CRM, Market Research, Social Media, grade: 14, Leuven Catholic University, course: Economic Anthropology, language: English, abstract: This paper investigates how religion influences consumer behavior and the associated impact on the economy. Business organizations are set up with the aim of making a profit. The primary objective of any business is to maximize returns, and all efforts are directed towards this aim. Firms make a profit by selling goods and services to the customers. Therefore, high sales volume would translate to high returns for a company. The amount of goods and services sold by a company depends on the demand. When the demand for products is high, there is an increase in the sales and this translates to economic growth. This implies that there is a direct link between how people consume products and economy. It is worth noting that consumer behavior is a significant determinant of demand. However, consumer behavior is influenced by religion as it affects people's values and actions. It affects how and when consumers spend their money.


Book Synopsis How Religion Affects Consumer Behavior. Consumer Attitudes and Seasonal Demand for Products by : Yousuf Daas

Download or read book How Religion Affects Consumer Behavior. Consumer Attitudes and Seasonal Demand for Products written by Yousuf Daas and published by . This book was released on 2019-06-22 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (postgraduate) from the year 2018 in the subject Business economics - Marketing, Corporate Communication, CRM, Market Research, Social Media, grade: 14, Leuven Catholic University, course: Economic Anthropology, language: English, abstract: This paper investigates how religion influences consumer behavior and the associated impact on the economy. Business organizations are set up with the aim of making a profit. The primary objective of any business is to maximize returns, and all efforts are directed towards this aim. Firms make a profit by selling goods and services to the customers. Therefore, high sales volume would translate to high returns for a company. The amount of goods and services sold by a company depends on the demand. When the demand for products is high, there is an increase in the sales and this translates to economic growth. This implies that there is a direct link between how people consume products and economy. It is worth noting that consumer behavior is a significant determinant of demand. However, consumer behavior is influenced by religion as it affects people's values and actions. It affects how and when consumers spend their money.

Religion and Consumer Behaviour in Developing Nations

Religion and Consumer Behaviour in Developing Nations

Author: Ayantunji Gbadamosi

Publisher: Edward Elgar Publishing

Published: 2021-01-29

Total Pages: 256

ISBN-13: 1839101032

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Examining how religion influences the dynamics of consumption in developing nations, this book illuminates the strategic placement of these nations on the global marketing stage both in terms of their current economic outlook and potential for growth.


Book Synopsis Religion and Consumer Behaviour in Developing Nations by : Ayantunji Gbadamosi

Download or read book Religion and Consumer Behaviour in Developing Nations written by Ayantunji Gbadamosi and published by Edward Elgar Publishing. This book was released on 2021-01-29 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examining how religion influences the dynamics of consumption in developing nations, this book illuminates the strategic placement of these nations on the global marketing stage both in terms of their current economic outlook and potential for growth.

Religion and Consumer Behaviour

Religion and Consumer Behaviour

Author: Gaurav Gupta

Publisher: Routledge

Published: 2023-02-20

Total Pages: 0

ISBN-13: 9781032265001

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This book concentrates on understanding the relationship of religiosity with various aspects of consumption and consumer behaviour to improve policy and build on an under represented topic.


Book Synopsis Religion and Consumer Behaviour by : Gaurav Gupta

Download or read book Religion and Consumer Behaviour written by Gaurav Gupta and published by Routledge. This book was released on 2023-02-20 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book concentrates on understanding the relationship of religiosity with various aspects of consumption and consumer behaviour to improve policy and build on an under represented topic.

Belief Systems, Religion, and Behavioral Economics

Belief Systems, Religion, and Behavioral Economics

Author: Elizabeth A. Minton

Publisher: Business Expert Press

Published: 2013-12-06

Total Pages: 160

ISBN-13: 1606497057

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Religion is a topic that businesses often ignore, in spite of 70% of the world being religious. Whether the silence results from the taboo nature of the topic or the thought that religion is a separate domain from consumption and business, the scant attention cannot be denied. Many do not realize or simply resist the idea that religion is a key contributor to a consumer's core values, which then contribute to consumption decisions, voting practices, reaction to pro-social messages and public policy, as well as donating behavior. The field of behavioral economics discusses how various social and cognitive factors influence economic decision making, which encompasses consumer decision making in business and public policy. This field needs to incorporate religion as an influencer to economic decision making. To be able to manage a business effectively, or carry out public policy decisions, the influence of believe systems and religion must be taken into account. Thus, this book provides one of the first comprehensive investigations into the relation between religion and behavioral economics. It is relevant to current managers, anyone involved in the marketing, MBA students, and also upper-division undergraduate students. Each of these groups will benefit from a clear understanding of religious groups and how religion influences consumer decision making.


Book Synopsis Belief Systems, Religion, and Behavioral Economics by : Elizabeth A. Minton

Download or read book Belief Systems, Religion, and Behavioral Economics written by Elizabeth A. Minton and published by Business Expert Press. This book was released on 2013-12-06 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Religion is a topic that businesses often ignore, in spite of 70% of the world being religious. Whether the silence results from the taboo nature of the topic or the thought that religion is a separate domain from consumption and business, the scant attention cannot be denied. Many do not realize or simply resist the idea that religion is a key contributor to a consumer's core values, which then contribute to consumption decisions, voting practices, reaction to pro-social messages and public policy, as well as donating behavior. The field of behavioral economics discusses how various social and cognitive factors influence economic decision making, which encompasses consumer decision making in business and public policy. This field needs to incorporate religion as an influencer to economic decision making. To be able to manage a business effectively, or carry out public policy decisions, the influence of believe systems and religion must be taken into account. Thus, this book provides one of the first comprehensive investigations into the relation between religion and behavioral economics. It is relevant to current managers, anyone involved in the marketing, MBA students, and also upper-division undergraduate students. Each of these groups will benefit from a clear understanding of religious groups and how religion influences consumer decision making.

Consumption and Spirituality

Consumption and Spirituality

Author: Diego Rinallo

Publisher: Routledge

Published: 2013

Total Pages: 298

ISBN-13: 0415889111

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This book sheds light on the consumption of spiritual products, services, experiences, and places through state-of-the-art studies by leading and emerging scholars in interpretive consumer research, marketing, sociology, anthropology, cultural, and religious studies. The collection brings together fresh views and scholarship on a cultural tension that is at the centre of the lives of countless individuals living in postmodern societies: the relationship between the material and the spiritual, the sacred and the profane. The book examines how a variety of agents - religious institutions, spiritual leaders, marketers and consumers - interact and co-create spiritual meanings in a post-disenchanted society that has been defined as a 'supermarket of the soul.' Consumption and Spirituality examines not only religious organizations, but also brands and marketers and the way they infuse their products, services and experiences with spiritual meanings that flow freely in the circuit of culture and can be appropriated by consumers even without purchase acts. From a consumer perspective, the book investigates how spiritual beliefs, practices, and experiences are now embedded into a global consumer culture. Rather than condemning consumption, the chapters in this book highlight consumers' agency and the creative processes through which authentic spiritual meanings are co-created from a variety of sources, local and global, and sacred and profane alike.


Book Synopsis Consumption and Spirituality by : Diego Rinallo

Download or read book Consumption and Spirituality written by Diego Rinallo and published by Routledge. This book was released on 2013 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book sheds light on the consumption of spiritual products, services, experiences, and places through state-of-the-art studies by leading and emerging scholars in interpretive consumer research, marketing, sociology, anthropology, cultural, and religious studies. The collection brings together fresh views and scholarship on a cultural tension that is at the centre of the lives of countless individuals living in postmodern societies: the relationship between the material and the spiritual, the sacred and the profane. The book examines how a variety of agents - religious institutions, spiritual leaders, marketers and consumers - interact and co-create spiritual meanings in a post-disenchanted society that has been defined as a 'supermarket of the soul.' Consumption and Spirituality examines not only religious organizations, but also brands and marketers and the way they infuse their products, services and experiences with spiritual meanings that flow freely in the circuit of culture and can be appropriated by consumers even without purchase acts. From a consumer perspective, the book investigates how spiritual beliefs, practices, and experiences are now embedded into a global consumer culture. Rather than condemning consumption, the chapters in this book highlight consumers' agency and the creative processes through which authentic spiritual meanings are co-created from a variety of sources, local and global, and sacred and profane alike.

Religions as Brands

Religions as Brands

Author: Jean-Claude Usunier

Publisher: Routledge

Published: 2016-04-01

Total Pages: 277

ISBN-13: 1317067096

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During the twentieth century, religion has gone on the market place. Churches and religious groups are forced to 'sell god' in order to be attractive to 'religious consumers'. More and more, religions are seen as 'brands' that have to be recognizable to their members and the general public. What does this do to religion? How do religious groups and believers react? What is the consequence for society as a whole? This book brings together some of the best international specialists from marketing, sociology and economics in order to answer these and similar questions. The interdisciplinary book treats new developments in three fields that have hitherto evolved rather independently: the commoditization of religion, the link between religion and consumer behavior, and the economics of religion. By combining and cross-fertilizing these three fields, the book shows just what happens when religions become brands.


Book Synopsis Religions as Brands by : Jean-Claude Usunier

Download or read book Religions as Brands written by Jean-Claude Usunier and published by Routledge. This book was released on 2016-04-01 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the twentieth century, religion has gone on the market place. Churches and religious groups are forced to 'sell god' in order to be attractive to 'religious consumers'. More and more, religions are seen as 'brands' that have to be recognizable to their members and the general public. What does this do to religion? How do religious groups and believers react? What is the consequence for society as a whole? This book brings together some of the best international specialists from marketing, sociology and economics in order to answer these and similar questions. The interdisciplinary book treats new developments in three fields that have hitherto evolved rather independently: the commoditization of religion, the link between religion and consumer behavior, and the economics of religion. By combining and cross-fertilizing these three fields, the book shows just what happens when religions become brands.

Interfaith Marketing

Interfaith Marketing

Author: Frank Cabano

Publisher: Routledge

Published: 2024-11-08

Total Pages: 0

ISBN-13: 9781032827476

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The book gives an overview of the current state of knowledge of comparative religious research, how religious affiliations affect consumer behaviour, and its significance for companies that operate across borders. This volume will be of interest to scholars of international marketing and business, consumer behaviour, and religious studies.


Book Synopsis Interfaith Marketing by : Frank Cabano

Download or read book Interfaith Marketing written by Frank Cabano and published by Routledge. This book was released on 2024-11-08 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book gives an overview of the current state of knowledge of comparative religious research, how religious affiliations affect consumer behaviour, and its significance for companies that operate across borders. This volume will be of interest to scholars of international marketing and business, consumer behaviour, and religious studies.

Faith-Based Marketing

Faith-Based Marketing

Author: Bob Hutchins

Publisher: Wiley

Published: 2009-05-04

Total Pages: 0

ISBN-13: 9780470422106

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Most businesses don’t have a good understanding of the faith community and how to market to this huge audience in effective, culturally sensitive ways. Many attempts to market to Christians have backfired, because the marketers had little understanding of Christians’ values, taboos, and "hot buttons". Yet the size of the opportunity is enormous. Faith-Based Marketing provides everything business leaders need to understand 140 million Christian consumers and effectively reach them. It explains who Christians are, what they want, and provides traditional, new media, and word-of-mouth strategies to communicate with and engage them and their churches. The book also includes a valuable directory of top Christian organizations, churches, and events, to help marketers and business leaders find out whom to contact and how. The book includes a free subscription to a companion website with bonus content.


Book Synopsis Faith-Based Marketing by : Bob Hutchins

Download or read book Faith-Based Marketing written by Bob Hutchins and published by Wiley. This book was released on 2009-05-04 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most businesses don’t have a good understanding of the faith community and how to market to this huge audience in effective, culturally sensitive ways. Many attempts to market to Christians have backfired, because the marketers had little understanding of Christians’ values, taboos, and "hot buttons". Yet the size of the opportunity is enormous. Faith-Based Marketing provides everything business leaders need to understand 140 million Christian consumers and effectively reach them. It explains who Christians are, what they want, and provides traditional, new media, and word-of-mouth strategies to communicate with and engage them and their churches. The book also includes a valuable directory of top Christian organizations, churches, and events, to help marketers and business leaders find out whom to contact and how. The book includes a free subscription to a companion website with bonus content.

Brands of Faith

Brands of Faith

Author: Mara Einstein

Publisher: Routledge

Published: 2007-09-14

Total Pages: 256

ISBN-13: 1134130104

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Through a series of fascinating case studies of faith brands, marketing insider Mara Einstein has produced a lively account of the book in the commercialization of religion.


Book Synopsis Brands of Faith by : Mara Einstein

Download or read book Brands of Faith written by Mara Einstein and published by Routledge. This book was released on 2007-09-14 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Through a series of fascinating case studies of faith brands, marketing insider Mara Einstein has produced a lively account of the book in the commercialization of religion.

American Piety

American Piety

Author: Rodney Stark

Publisher: Univ of California Press

Published: 2023-09-01

Total Pages: 245

ISBN-13: 0520342798

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How religious are Americans these days? How many still believe in God, in Biblical miracles, in heaven and hell? Do people pray? How much money is being given to churches, by Episcopalians, Presbyterians, Roman Catholics, Lutherans, and other groups? American Piety, the first of a three-volume study of religious commitment, answers these and a host of other questions about the contemporary religious scene. Particularly startling are the contrasts in beliefs, practices, and experiences revealed among the eleven major Christian denominations whose membership is compared.


Book Synopsis American Piety by : Rodney Stark

Download or read book American Piety written by Rodney Stark and published by Univ of California Press. This book was released on 2023-09-01 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: How religious are Americans these days? How many still believe in God, in Biblical miracles, in heaven and hell? Do people pray? How much money is being given to churches, by Episcopalians, Presbyterians, Roman Catholics, Lutherans, and other groups? American Piety, the first of a three-volume study of religious commitment, answers these and a host of other questions about the contemporary religious scene. Particularly startling are the contrasts in beliefs, practices, and experiences revealed among the eleven major Christian denominations whose membership is compared.