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Marketing Presentation
Topic - Complex Buying Behavior
Made by :- Salil Jain
Aaryan Khurana
Mubasshir Hussain
Dhruv Gir
Mahatab Alam
What is Complex Buying Behavior ?
• Complex buying behavior (CBB) is a phenomenon that
occurs when the consumer is highly involved with the
purchase and when there are significant differences
between brands.
• This behavior can often be associated with the purchase
of products that are considerably high in cost and/or risk
(E.g.-Car,Laptop,Etc)
• Such tasks are complex because the risk is high
(significant financial commitment), and the large
differences between brands and/or products require
gathering a substantial amount of information prior to
purchase
Certain Assumptions taken in CBB
• The products in question are usually categorized as
expensive.
• The consumer in assumed to be of an average income
group (i.e. middle and/or upper middle class income
group).
• The consumer is assumed to not possess any sort of
brand loyalty whatsoever.
• It is assumed that the consumer is buying the chosen
product for the first time and does not have any
extensive knowledge of the brand differences and the
varying features of the product in question, whether it be
a car, air conditioners, etc.
How is this beneficial to Marketers ?
• Marketers who wish to influence this buying task must help
the consumer process the information as readily as possible.
i.e. this may include informing the consumer about the
product category and its important attributes, providing
detailed information about product benefits, and motivating
sales personnel to influence final brand choice so as to
maximize their influence.
• For example, real estate web sites typically offer extensive
photographs and videos and full descriptions of each available
home.
• A computer sales representative is likely to spend time
providing information to customers who have technical
queries.
How does CBB affect Consumers ?
• First, complex purchases are expensive. Whether the product be
car or a mobile phone, it is far beyond what would be cataloged as
regular, discretionary spending. This prompts high financial
investment.
• Second, complex purchases are emotional and include a deep
sense of commitment. Whether the buyer and owner experience is
good or bad, the product purchased is the product one lives with for
an extended length of time.
• Third, complex purchases are extremely personal. Because the
products usually identified in this process are expensive, the
decision becomes reflective of the buyer. For dealers it’s one more
unit. For shoppers, it is intensely personal.
• Fourth, complex purchases are uncommon or infrequent. Since
products like vehicles, laptops or houses are not purchased often, it
drives higher levels of involvement. Even if shoppers chooses short-
term leasing, it still falls far outside the bounds of a common
purchase.
How CBB can be beneficial to both
consumers and marketers at the same time
• These various and distinct levels of decision-making can be
intimidating for many of the average consumers, but it is
through this journey that buyers understand and develop
perspectives on products like these prior to purchase.
• At the same time this is good news for the dealer. Why?
Because, it means shoppers are highly influenced in this
process, and if marketers can learn consumer’s perspective
on a general and relatable basis, they can influence decision-
making. And if marketers, at the end of the day can influence
decision-making on a large portion/section of the consumer
population, they ultimately are achieving their desirable
objectives
Thank You!

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Presentation on Complex Buying Behavior (CBB)

  • 1. Marketing Presentation Topic - Complex Buying Behavior Made by :- Salil Jain Aaryan Khurana Mubasshir Hussain Dhruv Gir Mahatab Alam
  • 2. What is Complex Buying Behavior ? • Complex buying behavior (CBB) is a phenomenon that occurs when the consumer is highly involved with the purchase and when there are significant differences between brands. • This behavior can often be associated with the purchase of products that are considerably high in cost and/or risk (E.g.-Car,Laptop,Etc) • Such tasks are complex because the risk is high (significant financial commitment), and the large differences between brands and/or products require gathering a substantial amount of information prior to purchase
  • 3. Certain Assumptions taken in CBB • The products in question are usually categorized as expensive. • The consumer in assumed to be of an average income group (i.e. middle and/or upper middle class income group). • The consumer is assumed to not possess any sort of brand loyalty whatsoever. • It is assumed that the consumer is buying the chosen product for the first time and does not have any extensive knowledge of the brand differences and the varying features of the product in question, whether it be a car, air conditioners, etc.
  • 4. How is this beneficial to Marketers ? • Marketers who wish to influence this buying task must help the consumer process the information as readily as possible. i.e. this may include informing the consumer about the product category and its important attributes, providing detailed information about product benefits, and motivating sales personnel to influence final brand choice so as to maximize their influence. • For example, real estate web sites typically offer extensive photographs and videos and full descriptions of each available home. • A computer sales representative is likely to spend time providing information to customers who have technical queries.
  • 5. How does CBB affect Consumers ? • First, complex purchases are expensive. Whether the product be car or a mobile phone, it is far beyond what would be cataloged as regular, discretionary spending. This prompts high financial investment. • Second, complex purchases are emotional and include a deep sense of commitment. Whether the buyer and owner experience is good or bad, the product purchased is the product one lives with for an extended length of time. • Third, complex purchases are extremely personal. Because the products usually identified in this process are expensive, the decision becomes reflective of the buyer. For dealers it’s one more unit. For shoppers, it is intensely personal. • Fourth, complex purchases are uncommon or infrequent. Since products like vehicles, laptops or houses are not purchased often, it drives higher levels of involvement. Even if shoppers chooses short- term leasing, it still falls far outside the bounds of a common purchase.
  • 6. How CBB can be beneficial to both consumers and marketers at the same time • These various and distinct levels of decision-making can be intimidating for many of the average consumers, but it is through this journey that buyers understand and develop perspectives on products like these prior to purchase. • At the same time this is good news for the dealer. Why? Because, it means shoppers are highly influenced in this process, and if marketers can learn consumer’s perspective on a general and relatable basis, they can influence decision- making. And if marketers, at the end of the day can influence decision-making on a large portion/section of the consumer population, they ultimately are achieving their desirable objectives