Sunday 27 July 2014

BUYER DECISION PROCESS

Consumer Buying Roles

Each person within a group (e.g. family) has a certain (or many roles) role in carrying consumptive responsibilities. For example, Pepsi marketed to mums (buys & decides for Kids).
  • Initiator – first thinks of or suggests the idea (e.g. run out of cereal)
  • Influencer – persons views & opinions carry weight in the final decision (e.g. Dr. Dietary Requirements)
  • Decider – makes any part of the buying decisions (whether to buy, what, how & where)
  • Buyer – makes the actual purchase
  • User – consume the good or service

Types Of Consumer Buying Decisions

  • Routine Response Behaviour - Buy 1st, evaluate later, quick decisions, little involvement, frequently low cost goods (pen)
  • Limited Decision Making - Low involvement, moderate cost goods, evaluation of a few brands, short decision (clothing)
  • Extensive Decision Making - High involvement, high cost of goods, evaluation of many brands, lengthy decision (house)

Buyer Decision Process

  1. Need Recognition – problems recognised when people sense a difference between actual & desired states
    • Triggered by internal stimuli (drive) or external stimuli (advertisement)
  2. Information Search – may or may not - depend on urgency/drive. Personal sources more influential than commercial
  3. Evaluation of Alternatives – compare product attributes with alternatives (weight each attribute according to need, belief)
  4. Purchase Decision – buy or not buy - attitudes of others & situational factors may change purchase intentions
  5. Post-Purchase Behaviour – satisfied? comparing products expected performance against perceived performance received
    • Cognitive Dissonance – discomfort cause by post purchase conflict - losing benefits that other products provide
    • Satisfaction = relationship with customer 

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