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Marketing Psychology Decoded

Marketing Psychology Decoded

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BY SUVODIP SEN

ASST. PROFESSOR, IILM UNIVERSITY, GURUGRAM

Book Details

Number of Pages 412
Language English
Edition Intermediate
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What You'll Learn

  • Understand how consumers think through concepts from psychology and behavior science.

  • Learn the MAO framework (Motivation, Ability, Opportunity) to analyze and influence consumer engagement.

  • Explore decision-making shortcuts (heuristics) like brand loyalty, price cues, and social proof.

  • Discover how attention, perception, and sensory input shape consumer experiences.

  • Differentiate between high-effort and low-effort purchases and how attitudes form in each.

  • Apply insights to real marketing strategies with practical tasks and real-life applications.

Description

Explores how consumers make decisions through the lens of motivation, ability, and opportunity, providing marketers with strategic frameworks to influence buying behavior.Analyzes the cognitive and affective foundations of attitude formation, distinguishing between high-effort and low-effort purchasing processes.Examines perception development through sensory experiences and explains how marketing stimuli can effectively capture consumer attention.Details the critical role of memory in consumer decision-making and how brands can leverage nostalgic marketing to create emotional connections.Compares optimizing versus satisficing approaches to purchasing and explains compensatory versus non-compensatory evaluation methods.Addresses post-purchase behavior, including satisfaction, cognitive dissonance, and product disposition, with strategies for companies to enhance customer retention.

This Book Includes:

Important pointers summarised at the end of each chapter
Strategies for Marketing psychology - 7 checklists. (QR code available for digital access)
Did you know facts for each chapter
Chapter end actionable exercises

Index

1. Delving into the Minds of Buyers
Understanding Customers’ Thought Processes
Consumer Psychology: What Is It?
Consumer Behavior: What Is It?
Consumer Psychology: How Does It Function?
Is the Point of Researching Consumer Psychology Moot?
What Role Might Consumer Psychology Play in Creating a Marketing Strategy?
Summary & Did You Know
Action: Task from Day-to-Day Life
2. Consumers’ Motivation, Ability, and Opportunity
What Drives Consumers and How It Influences Their Choices
Impact of Motivation on Consumers
Ability and Resources of the Consumer: Ability
Chance of Consumption: Opportunity
Outcome of Motivation, Ability and Opportunity
Summary & Did You Know
Action: Task from Day-to-Day Life
3. Exposure, Focus, Formation of Perception
Whispering Vines: Nurturing Perception and Connection
How Do Consumers Form a Connection with a Brand or Offering?
Stimulus & Exposure
Exposure Can Be Selective
Consumer Options to Avoid Marketing Stimuli
Attention and Its Characteristics
Capturing Consumer Attention
What Is Perception?
Why Does Perception Differ from Person to Person?
Building Perception Through Senses
Influence of Stimuli on Perception Development
Summary & Did You Know
Action: Task from Day-to-Day Life
4. An Attitude Towards High-Effort Purchase
The Concept of Attitude
Approaches to Attitude Formation and Transformation
Aspects of Attitude Development
High-Effort Cognitive Foundation Model for Purchase Behaviour
Cognitive Response to Advertising Messages
Expectancy-Value Model
Theory of Reasoned Action (TRA)
Marketing Implications of Customer Attitudes
Summary & Did You Know
Action: Task from Day-to-Day Life
5. Harnessing Consumer Memory
How Does One Define Consumer Memory?
Various Types of Memories
How Can a Customer Access Their Memory?
Improving Customers’ Retrieval
Leveraging Consumer Memory
Summary & Did You Know
Action: Task from Day-to-Day Life
6. An Attitude Towards Low-Effort Purchase
Concept of Low-Effort Purchases
Influencers with Low-Effort Attitude
Advertising Strategy for Affective-Based Attitude
Advertising Strategy for Cognitive-Based Attitude
Summary & Did You Know
Action: Task from Day-to-Day Life
7. Methods for Reaching a Purchase Decision
Perfection vs. Contentment
Optimising vs. Satisficing
Factors Affecting Optimising vs Satisficing
Consumers’ Decision and Marketers’ Strategy
Marketing Strategy for Satisficers
Compensatory and Non-Compensatory Buying
Factors Affecting Compensatory and Non-Compensatory Purchase
Exploring Purchase Process
Summary & Did You Know
Action: Task from Day-to-Day Life
8. Following the Purchase
Discord After Buying
Consumer’s Approach to Learning
Determining Buyer Satisfaction
Theories Explaining Satisfaction and Dissatisfaction
Method of Disposal
Considerations for Marketing
Summary & Did You Know
Action: Task from Day-to-Day Life
9. Marketing Psychology in Action
Strategy Checklists

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Meet the Author

SUVODIP SEN
SUVODIP SEN
ASST. PROFESSOR, IILM UNIVERSITY, GURUGRAM
  • Faculty of Marketing & Strategy at IILM, Gurugram, with 15+ years of experience. Former senior leader at Tata Steel, NBFCs, and FMCG firms
  • Consultant to TATA Motors, Bharat Benz, TVS, and multiple SMEs. Published author of two books: Let’s Talk Finance and Decoding Business Dynamics
  • MBA & Ph.D. (pursuing) in Marketing from IIM Indore. Global education from NTU Singapore and Coventry University, UK
  • Contributor to peer-reviewed journals and leading business magazines
  • Recognized speaker at national and international conferences (Best Paper Award winner)
  • Strong academic network across IIMs, Symbiosis, IMT, and other top B-schools
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Marketing Psychology Decoded
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