Families ad Family values play a massive role in the consumer markets, after all your family is a group as well, please refer to blog about groups,there are specified group name for families and they are as follows;
- Nuclear Family - father, mother & children who live together
- Extended Family - nuclear family plus other relatives such as grandparents, aunts etc.
- Family of Orientation - the family you are born into.
- Family of Procreation - the family founded through marriage.
I am willing to place a bet that in the majority of households up and down the country the wives/lady of the house is the one to control the purse strings when it comes to purchasing, as in the traditional family "the man earns it,the woman spends it" as i said this is probably what happens all the time and will never change,are women just satisfied by spending money that is not really theirs in the first place.........? Yes is the answer!!!

Although now in the modern family it appears that there would more involvement from both parties when it comes to wanting a bread winner and a parent at he same time there are more and more women slowly entering the higher stature jobs and i say fair play to them for wanting to do it,and actually succeeding...but how would this effect the buying power in the household? would it create a better understanding? or would it create a rift seeing as the woman is also earning money and wants more of a say in matters? i can see both scenarios happening but more so the latter one as women are and i quote again Dr Malcolm from Jurassic Park "Women will Inherit the earth" just have a look at the chart below to see if you would agree with me..........also click the link below it to watch the video....

The family unit is not as it used to be with the traditional 2.4 children where they would sit around the table every night and to enjoy time with each other children now seem to be co-dependent on their families,slowly but surely there are more and more latch key kids,they are the children who get home cook their own food and watch the television til their parents turn up from work.
With all these different lifestyles now going on it has become difficult for marketers and advertisers to keep a brand or product with the family home. By this i mean that if the parents always bought the same make of car for example a Mercedes or the same brand of washing powder lets say Daz the children in that family group could easily be persuaded to purchase completely different products, especially if they are latch key kids,the influence of television is constantly around them they will learn to trust a brand just by watching it on the television,the more you see something the more you recognise it as being something you can trust,whether or not you are used to it or not i just believe that seeing something enough will eventually make you want it,i know as a latch key kid myself from experience that it works,i used to see adverts for Audi on the television all the time when i was done making my own tea after school,and eventually i bought one,even though both my parents drove BMW's when i actually bought my car i remembered the adverts and that hit the memory bank ( nostalgia ) remembering seeing the advert made me want one....
In the current financial climate, many family's buying behaviour may have changed with the emphasis being on greater value for their money. This could see a greater purchase increase in supermarkets own branded products, for example, a low involvement product such as buying Heinz baked beans could easily substituted for an own brand alternative saving a few pennies per tin. The decision to do so may be affected by the role of the individual in the family and their decision making.
This leads me nicely to the children of the house...they "Run the Roost"......
"Many parents our unable to establish dominance in their household. They let their children do whatever they want and then are afraid to set down strong punishments and follow through with them,children are impressionable and easily influenced by their friends and advertising. They have materialistic wants and over dramatically complain when their parents don't get them the latest toys." (taken from an article on yahoo) It is so true that now the children have the say as to what is brought it has become a case of want,want,want. Children have learnt to manipulate and convince parents that's the decision they made on their own when really the children conned the parents into that belief Seany said " I often convince my dad into believing that he made the decision to buy me something" and that really shows that the children really are where the buck starts and stops.......
Watch these...........there is some foul language in some of them but if you listen to what is actually being said you will find it to be true.....



We were put into groups to create a power point 

Reference - looked to for reference; this is applicable to products.

