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CONSUMER BEHAVIOR Level of Involvement: High Involvement Low Involvement Enduring Involvement Situational Involvement MARKETING GOLDEN CHAPTER 5 CONSUMER BEHAVIOR Routinized Response Behavior Limited Problem Solving Extended Problem Solving Impulse Buying MARKETING GOLDEN CHAPTER 5 CONSUMER BUYING DECISION PROCESS 5 Stage Process: 1. 2. 3. 4. 5. Problem Recognition Information Search Evaluation of Alternatives Purchase Post-Purchase Evaluation 3 Possible influences on decision process: Situational, Psychological, and Social Influences. MARKETING GOLDEN CHAPTER 5 STAGE 1: PROBLEM RECOGNITION The difference between a desired state and an actual condition. E.g., You realize you are hungry (actual condition) and want to eat (desired state). Can be natural or marketing induced. MARKETING GOLDEN CHAPTER 5 STAGE 2: INFORMATION SEARCH Search for product information that helps resolve the problem or satisfy the need. Internal Search (memory) External Search (outside sources) MARKETING GOLDEN CHAPTER 5 STAGE 3: EVALUATION OF ALTERNATIVES Consideration Set: A group of brands a buyer views as alternatives for possible purchase. Criteria for evaluation. MARKETING GOLDEN CHAPTER 5 STAGE 4: PURCHASE Based on previous steps. Availability of product and choosing a seller are part of this step. MARKETING GOLDEN CHAPTER 5 STAGE 5: POSTPURCHASE EVALUATION Satisfaction –vs- Dissatisfaction Cognitive Dissonance MARKETING GOLDEN CHAPTER 5 SITUATIONAL INFLUENCES Resulting from circumstances, time, and location that affect the buying process. Physical surroundings Social surroundings Time perspective Purchase reason Mood MARKETING GOLDEN CHAPTER 5 PSYCHOLOGICAL INFLUENCES Perception (information inputs) Selective Exposure Selective Distortion Selective Retention MARKETING GOLDEN CHAPTER 5 PSYCHOLOGICAL INFLUENCES Motives: Internal force. Patronage Motives Learning: Thoughts based on information and experience. Attitude: Enduring tendencies. MARKETING GOLDEN CHAPTER 5 PSYCHOLOGICAL INFLUENCES Personality Self-Concept Lifestyle Activities Interests Opinions MARKETING GOLDEN CHAPTER 5 SOCIAL INFLUENCES Roles Family Reference groups and opinion leaders Membership Groups Aspirational Groups Disassociative Groups MARKETING GOLDEN CHAPTER 5 SOCIAL INFLUENCES Social Class Culture and Subcultures MARKETING GOLDEN CHAPTER 5