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Marketing: the consumer
Final Consumer
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Types of consumers Final consumer Organizational Consumer
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The Decision Process Model Final consumers
Stimulus Problem awareness Information search Evaluation of alternatives Purchase Post-purchase
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Stimulus Social Commercial Non-commercial
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Problem awareness Recognition of shortage
Recognition of unfulfilled desire
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Information search What choices are available?
What are the characteristics of these choices?
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Evaluation of alternatives
Decision criteria Autoweb Rank alternatives
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Types of consumer decision making
Extended consumer decision making Limited consumer decision making Routine decision making Low involvement
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Factors affecting the final consumer’s decision process
Demographics Social influences Psychological characteristics Select consumer lifestyles
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Demographics Vital statistics that describe a population Census
Syndicated Services Collect information
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Social influences on buying
Culture Subculture Social Class Reference groups Families
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Psychological characteristics of Consumers
Personality Learning Attitudes Perception Class consciousness Motivation Perceived risk
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Select Consumer lifestyles
Family values Voluntary simplicity Getting buy “Me” generation Poverty of time Component lifestyle
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