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The Consumer Decision Process

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Presentation on theme: "The Consumer Decision Process"— Presentation transcript:

1 MKTG 303: Advertising and Promotion Buyer Behaviors October 13, 2009 Zeynep Gürhan-Canlı

2 The Consumer Decision Process
Problem Recognition Information Search Alternative Evaluation Purchase Decision Postpurchase Evaluation

3 Variations in Consumer Decision Making
Types of Decision Processes: Extended Problem Solving Limited Problem Solving Routine Response Behavior

4 Maslow’s Hierarchy of Needs
Self-actualization needs (self-development, realization) Esteem needs (self-esteem, recognition, status) Social needs (sense of belonging, love) Safety needs (security, protection) Physiological needs (hunger, thirst)

5 Sources of Problem Recognition
Out of stock Dissatisfaction New needs or wants Related product purchase Market-induced recognition New products

6 Information Search Internal Search– information stored in memory
External Search – actively seeking information from various sources Personal sources Friends, relatives, co-workers Market-controlled sources Ads, salespeople, in-store displays Public sources Print articles, news reports Personal experience Handling, examining, testing, using

7 External Search Ability to search Motivation Perceived cost
Level of involvement Need for cognition Shopping enthusiasm Perceived cost Perceived benefit

8 Perception The process by which an individual receives, selects, organizes and interprets information Stages in the perception process: Sensation Attending to information Interpreting information Responding to information

9 The Selective Perception Process
Selective Exposure Selective Attention Selective Comprehension Selective Retention

10 Consumer Attitude Affective Cognitive Conative

11 Attitude Sequence Cognitive  Affective  Conative
Affective  Conative  Cognitive Conative  Cognitive  Affective

12 Consumer Values Attitudes shaped by personal values.
Values are strongly held beliefs. Personal values Comfortable life Equality Excitement Freedom Fun, exciting life Happiness Inner peace Accomplishment Security Self-respect

13 Cognitive Mapping Simulations of knowledge structures.
Linkages and levels Marketing messages and linkages Strengthen current linkage Modify current linkage Create a new linkage

14 Evaluation of Alternatives
Evoked set method Evoked set Inept set (not considered due to a negative experience, feeling, or information) Inert set (aware but not considered due to lack of knowledge) Multiattribute method Brand’s performance on a variety of attributes The importance of each attribute Affect referral No need for effort Multiattribute model has previously been used Emotional bond

15 Trends Consumer Buying Environment
Age complexity Gender complexity Individualism Active, busy lifestyles Time pressure Cocooning Pleasure binges Emphasis on health

16 Business-to-Business Buyer Behavior
Users Buyers Influencers Deciders Gatekeepers

17 Individual Factors Business-to-Business Buying Center
Personality features Roles and perceived roles Motivational levels Levels of power Attitude towards risk Levels of cognitive involvement Personal objectives

18 Business-to-Business Buying Process
Identification of needs Establishment of specifications Identification of vendors Vendor evaluation Vendor selection Negotiation of terms Postpurchase evaluation


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