This document outlines the five stages of the consumer buying decision process: problem recognition, information search, evaluation of alternatives, purchase decision, and post-purchase decision. It describes each stage in detail, including how needs are triggered, the major information sources used in the search stage, and how satisfaction or dissatisfaction with a purchase can impact future purchase decisions and recommendations to others. The evaluation stage considers how judgments are made consciously and attributes are assessed based on beliefs. The post-purchase stages examine satisfaction levels, potential actions like repeat purchases or warnings to others, and product usage over time.
1. An attitude is a learned predisposition to respond consistently in a favorable or unfavorable manner towards an object. It has cognitive, affective, and behavioral components.
2. Attitudes serve four key functions - knowledge, adaptive, ego-defensive, and self-expressive. They help provide structure and predict behavior.
3. Attitude formation theories include the tricomponent model and multi-attribute model. Attitudes are influenced by beliefs, experiences, social groups, and marketing.
4. Marketers can change attitudes by altering components of models, associating products with groups, resolving conflicts, and changing beliefs about competitors. The elaboration likelihood model describes central and peripheral routes to
Influence of reference groups on consumer behaviourprabaharan b
This document discusses key factors and groups that influence consumer purchasing decisions. It identifies 5 main factors: buyer psychology, personal characteristics, social characteristics, culture, and groups. It then describes different types of reference groups that consumers use for normative and comparative guidance, such as family, friends, work colleagues, celebrities, and experts. The level of influence depends on attributes like a group's credibility, attractiveness, and power, as well as how conspicuous the product is.
The document discusses several models of consumer behavior, including the economic model which views consumers as rational actors seeking to maximize benefits based on price, income, and substitution effects. It also describes the learning model based on Pavlov's stimulus-response theory, the psychoanalytic model examining complex unconscious motives, and the sociological model analyzing social and group influences. Two additional models covered are Howard Sheth's model with input, hypothetical, output, and external variables, and Nicosia's model outlining four areas of the consumer decision process.
A complete information is given starting from the meaning of personality to its theories to its relation to marketing.
How consumers' personality affect in their buying habit and everything related is explained.
The document discusses consumer decision making. It outlines the consumer decision making process which includes need recognition, information search, evaluation of alternatives, purchase, and post-purchase evaluation. It also discusses the types of consumer decisions and factors that influence consumer decision making like marketing efforts, psychological factors, and socio-cultural environment. The goal is to understand the "how" and "why" of consumers' experiences with products and services.
Levels of Consumer Decision making & A model of Consumer Decision making in C...AJIT GAUTAM
The document discusses consumer decision making, including three levels of involvement (routine response behavior, limited decision making, and extensive decision making), and presents a five-stage model of consumer decision making. The model includes need recognition, information search, evaluation of alternatives, purchase decision, and post-purchase behavior. Routine decisions involve little consideration, while extensive decisions involve high costs and extensive research between many alternatives.
This document outlines the five stages of the consumer buying decision process: problem recognition, information search, evaluation of alternatives, purchase decision, and post-purchase decision. It describes each stage in detail, including how needs are triggered, the major information sources used in the search stage, and how satisfaction or dissatisfaction with a purchase can impact future purchase decisions and recommendations to others. The evaluation stage considers how judgments are made consciously and attributes are assessed based on beliefs. The post-purchase stages examine satisfaction levels, potential actions like repeat purchases or warnings to others, and product usage over time.
1. An attitude is a learned predisposition to respond consistently in a favorable or unfavorable manner towards an object. It has cognitive, affective, and behavioral components.
2. Attitudes serve four key functions - knowledge, adaptive, ego-defensive, and self-expressive. They help provide structure and predict behavior.
3. Attitude formation theories include the tricomponent model and multi-attribute model. Attitudes are influenced by beliefs, experiences, social groups, and marketing.
4. Marketers can change attitudes by altering components of models, associating products with groups, resolving conflicts, and changing beliefs about competitors. The elaboration likelihood model describes central and peripheral routes to
Influence of reference groups on consumer behaviourprabaharan b
This document discusses key factors and groups that influence consumer purchasing decisions. It identifies 5 main factors: buyer psychology, personal characteristics, social characteristics, culture, and groups. It then describes different types of reference groups that consumers use for normative and comparative guidance, such as family, friends, work colleagues, celebrities, and experts. The level of influence depends on attributes like a group's credibility, attractiveness, and power, as well as how conspicuous the product is.
The document discusses several models of consumer behavior, including the economic model which views consumers as rational actors seeking to maximize benefits based on price, income, and substitution effects. It also describes the learning model based on Pavlov's stimulus-response theory, the psychoanalytic model examining complex unconscious motives, and the sociological model analyzing social and group influences. Two additional models covered are Howard Sheth's model with input, hypothetical, output, and external variables, and Nicosia's model outlining four areas of the consumer decision process.
A complete information is given starting from the meaning of personality to its theories to its relation to marketing.
How consumers' personality affect in their buying habit and everything related is explained.
The document discusses consumer decision making. It outlines the consumer decision making process which includes need recognition, information search, evaluation of alternatives, purchase, and post-purchase evaluation. It also discusses the types of consumer decisions and factors that influence consumer decision making like marketing efforts, psychological factors, and socio-cultural environment. The goal is to understand the "how" and "why" of consumers' experiences with products and services.
Levels of Consumer Decision making & A model of Consumer Decision making in C...AJIT GAUTAM
The document discusses consumer decision making, including three levels of involvement (routine response behavior, limited decision making, and extensive decision making), and presents a five-stage model of consumer decision making. The model includes need recognition, information search, evaluation of alternatives, purchase decision, and post-purchase behavior. Routine decisions involve little consideration, while extensive decisions involve high costs and extensive research between many alternatives.
The document discusses different types of buying motives that influence consumer purchasing decisions. There are emotional and rational motives, with emotional motives influenced by feelings and rational motives based on logical thinking. Product motives refer to reasons for purchasing a certain product class or specific brand/item, while patronage motives determine where products are purchased based on factors like price, location, quality and services. Buying motives can also be inherent physiological needs or learned from one's environment and education. Motives provide the impulse for consumers to buy and determine what, when, where and how much they purchase.
The organizational buying process has 8 steps:
1) Need recognition where the organization identifies an internal or external need.
2) General need description where the organization describes the characteristics and quantity of the needed item.
3) Product specification where the organization decides on technical product characteristics.
4) Supplier search where the organization identifies potential suppliers.
5) Proposal solicitation where the organization invites supplier proposals.
6) Supplier selection where the organization evaluates proposals and selects a supplier.
7) Purchase decision where the organization finalizes the order details.
8) Performance evaluation where the organization reviews supplier performance.
1) The document discusses the consumer decision making process, which involves need recognition, information search, and evaluation of alternatives.
2) It examines factors that influence consumer behavior such as cultural, social, and personal characteristics as well as the psychological processes of motivation, perception, learning, beliefs, and attitudes.
3) The stages of the consumer decision process are outlined as need recognition, information search, evaluation of alternatives, purchase decision, and post-purchase behavior.
1) After making a purchase, consumers may experience post-purchase dissonance or doubts about their decision. They will seek information to justify their choice and reduce these doubts.
2) Most purchases are followed by product use. How the product is used and disposed of is evaluated by the consumer. Satisfaction depends on whether expectations are met or exceeded by the product's performance.
3) Post-purchase actions include repeat purchases, brand switching, or discontinuing use, depending on the consumer's level of satisfaction. Marketers should monitor post-purchase behavior and satisfaction to improve products, marketing, and customer retention.
1. Brand management includes analyzing how a brand is positioned in retail and maintaining its reputation.
2. Brand equity represents the added value provided to a product from past marketing investments. It links past brand performance to future brand actions.
3. Successful retail branding ensures stable long-term demand, better margins, product differentiation, trust in fulfillment of expectations, and protection from competition.
The document outlines the 5 main stages of the consumer buying process: 1) need recognition, 2) gather information, 3) evaluate solutions, 4) purchase stage, and 5) post-purchase stage. It then provides details on each stage, describing how consumers recognize problems, look for information about products/services, compare options, make a purchase decision, and experience post-purchase satisfaction or dissatisfaction. Additional factors that influence the consumer buying process are also listed such as cultural, social, personal, and psychological factors.
Buying Decision Making Process
Buying roles, Stages of the decision process – High and low effort decisions, Post purchase decisions, Models of consumer behaviour
Consumer behaviour is the study of how individual customers, groups or organizations select, buy, use, and dispose ideas, goods, and services to satisfy their needs and wants
Meaning and nature of buyer behavior, differences between consumer buying and organizational buying in terms of characteristics and process, Strategic use of consumer behavior knowledge in marketing and public policy decisions. Modern Consumerism and the global consumer movement
important Organizational buying behavior aarati jadhav
This document discusses organizational buying behavior. It defines organizational buying as the process by which organizations identify needs, evaluate options, and choose products and suppliers. It describes the characteristics of organizational buying, including large purchase quantities and involvement of multiple people within the organization. The document outlines different types of organizational buying situations and the major influences on business buyers, including environmental, organizational, interpersonal, and individual factors. It then details the stages in the organizational buying process and concludes by identifying the different roles involved in organizational buying decisions, such as users, influencers, deciders, and approvers.
The document discusses key aspects of consumer behavior including the meaning of consumer behavior, types of consumers, factors that influence consumer behavior from various disciplines like psychology, sociology, economics, and applications of consumer behavior knowledge in marketing. It defines consumer behavior as how individuals select, purchase, use, and dispose of products and services. It also outlines the consumer decision making process and different types of consumer buying behaviors.
The document discusses consumer motivation and the motivational process. It defines motivation as the driving force that impels individuals to action. The motivational process involves needs, both innate and acquired, that give rise to motives. These motives then lead to the selection of goals, both positive and negative. Needs are never fully satisfied and new needs emerge as old needs are met. Motivation is influenced by success, failure, and defense mechanisms. Motives can be aroused physiologically, emotionally, and cognitively. The document also discusses measuring motivation through qualitative research methods.
This document discusses consumer behavior and the consumer buying process. It describes consumer behavior as studying how and why people make purchasing decisions. The consumer buying process has six stages: problem recognition, information search, evaluation of alternatives, purchase decision, purchase, and post-purchase evaluation. It also outlines four types of consumer buying behavior: routine response, limited decision making, extensive decision making, and impulse buying.
This document discusses how personality influences consumer behavior and attitudes. It begins by defining personality and outlining theories of personality, including Freudian, Neo-Freudian, and trait theories. It then explains how specific personality traits like consumer innovativeness, dogmatism, and need for uniqueness impact consumer responses. The document also covers brand personality, materialism, compulsive consumption, and how products can enhance consumers' self-images. The overall objective is to understand how personality reflects differences in consumers and how marketers can use this knowledge.
The document discusses consumer buying behavior and factors that influence purchase decisions. It covers various models of consumer behavior including the economic model, learning model, psychoanalytical model, and sociological model. It also discusses Maslow's hierarchy of needs, characteristics affecting consumer behavior, motives, habits, the buying process, and factors like culture, social groups, and personality that influence consumer decisions. Finally, it analyzes the Indian consumer market and classifications based on economic status.
The document provides an overview of chapters in a book on consumer behavior, including introductions to consumer behavior, the consumer research process, market segmentation and targeting, consumer motivation, personality and consumer behavior, consumer perception, consumer learning, attitude formation and change, communication processes, factors influencing consumer behavior, opinion leadership, and the consumer decision-making process. It lists the chapter titles and page numbers for each of the 11 chapters covered in the book. The document serves as a table of contents that outlines the topics and structure of the consumer behavior book.
The document provides an overview of consumer behaviour and the consumer buying process. It discusses [1] factors that influence consumer behavior like culture, social groups, personal characteristics and psychological factors; [2] the consumer decision making process of need recognition, information search, alternative evaluation, purchase decision and post-purchase behavior; and [3] types of buying decisions based on involvement.
This document discusses perceived risk, which refers to the uncertainty consumers face when making a purchase. It notes there are various types of perceived risks like functional, social, financial, and psychological risks. The document also identifies ways to determine perceived risk, such as looking at security/warranty, hidden extra costs, and brand reputation. Finally, it proposes some methods for countering perceived risks like emphasizing a company's reputation, paying attention to the selling style used, and paying close attention to customers.
1) Consumer psychology deals with activities involved in selecting, obtaining, and using products and services to satisfy needs and desires, including decision processes before and after purchase.
2) Consumer behavior is the study of buying units and exchange processes involved in acquiring, consuming, and disposing of goods, services, experiences, and ideas.
3) Theories of consumer behavior development include the rational choice theory, opportunity set/budget constraint theory, and preference ordering theory. External factors like demographics, economics, and social influences also impact consumer decisions.
Consumer involvement refers to the level of importance and information processing a consumer applies to a product. The degree of involvement significantly impacts consumer behavior. High involvement occurs for expensive, important, or complex purchases and requires extensive research. Some involvement is needed for moderately important items. Low involvement is for unimportant purchases requiring minimal research. Factors like personal interests, product characteristics, and the situation influence a consumer's level of involvement.
Introduction to Consumer Behaviour; Consumer Behaviour
and Marketing Strategy; Consumer Involvement – Levels
of involvement, and Decision Making.
Consumer Decision Process – Stages in Decision Process,
Information Search Process; Evaluative Criteria and
Decision Rules, Consumer Motivation – Types of Consumer
Needs, Ways of Motivating Consumers. Information
Processing and Consumer Perception.
Consumer Attitudes and Attitude Change; Influence of
Personality and Self Concept on Buying Behaviour,
Psychographics and Lifestyles, Impuse Buying.
Diffusion of Innovation and Opinion Leadership, Family
Decision Making, Influence of Reference Group
Industrial Buying Behaviour– Process and factors, Models
of Consumer Behaviour – Harward Seth, Nicosia, E& D,
Economic Model; Introduction to Consumer Behaviour
Audit; Consumer Behaviour Studies in India.
The document outlines the consumer decision making process, which consists of 5 steps: problem recognition, information search, evaluation of alternatives, purchase decision, and post-purchase behavior. It then provides details about each step, including examples. It also discusses alternative forms of decision making, habitual/routine, limited, and extended decision making. The key aspects of the consumer decision making process are recognizing a problem, gathering information from various sources, comparing alternatives, making the purchase, and evaluating the purchase.
The document discusses different types of buying motives that influence consumer purchasing decisions. There are emotional and rational motives, with emotional motives influenced by feelings and rational motives based on logical thinking. Product motives refer to reasons for purchasing a certain product class or specific brand/item, while patronage motives determine where products are purchased based on factors like price, location, quality and services. Buying motives can also be inherent physiological needs or learned from one's environment and education. Motives provide the impulse for consumers to buy and determine what, when, where and how much they purchase.
The organizational buying process has 8 steps:
1) Need recognition where the organization identifies an internal or external need.
2) General need description where the organization describes the characteristics and quantity of the needed item.
3) Product specification where the organization decides on technical product characteristics.
4) Supplier search where the organization identifies potential suppliers.
5) Proposal solicitation where the organization invites supplier proposals.
6) Supplier selection where the organization evaluates proposals and selects a supplier.
7) Purchase decision where the organization finalizes the order details.
8) Performance evaluation where the organization reviews supplier performance.
1) The document discusses the consumer decision making process, which involves need recognition, information search, and evaluation of alternatives.
2) It examines factors that influence consumer behavior such as cultural, social, and personal characteristics as well as the psychological processes of motivation, perception, learning, beliefs, and attitudes.
3) The stages of the consumer decision process are outlined as need recognition, information search, evaluation of alternatives, purchase decision, and post-purchase behavior.
1) After making a purchase, consumers may experience post-purchase dissonance or doubts about their decision. They will seek information to justify their choice and reduce these doubts.
2) Most purchases are followed by product use. How the product is used and disposed of is evaluated by the consumer. Satisfaction depends on whether expectations are met or exceeded by the product's performance.
3) Post-purchase actions include repeat purchases, brand switching, or discontinuing use, depending on the consumer's level of satisfaction. Marketers should monitor post-purchase behavior and satisfaction to improve products, marketing, and customer retention.
1. Brand management includes analyzing how a brand is positioned in retail and maintaining its reputation.
2. Brand equity represents the added value provided to a product from past marketing investments. It links past brand performance to future brand actions.
3. Successful retail branding ensures stable long-term demand, better margins, product differentiation, trust in fulfillment of expectations, and protection from competition.
The document outlines the 5 main stages of the consumer buying process: 1) need recognition, 2) gather information, 3) evaluate solutions, 4) purchase stage, and 5) post-purchase stage. It then provides details on each stage, describing how consumers recognize problems, look for information about products/services, compare options, make a purchase decision, and experience post-purchase satisfaction or dissatisfaction. Additional factors that influence the consumer buying process are also listed such as cultural, social, personal, and psychological factors.
Buying Decision Making Process
Buying roles, Stages of the decision process – High and low effort decisions, Post purchase decisions, Models of consumer behaviour
Consumer behaviour is the study of how individual customers, groups or organizations select, buy, use, and dispose ideas, goods, and services to satisfy their needs and wants
Meaning and nature of buyer behavior, differences between consumer buying and organizational buying in terms of characteristics and process, Strategic use of consumer behavior knowledge in marketing and public policy decisions. Modern Consumerism and the global consumer movement
important Organizational buying behavior aarati jadhav
This document discusses organizational buying behavior. It defines organizational buying as the process by which organizations identify needs, evaluate options, and choose products and suppliers. It describes the characteristics of organizational buying, including large purchase quantities and involvement of multiple people within the organization. The document outlines different types of organizational buying situations and the major influences on business buyers, including environmental, organizational, interpersonal, and individual factors. It then details the stages in the organizational buying process and concludes by identifying the different roles involved in organizational buying decisions, such as users, influencers, deciders, and approvers.
The document discusses key aspects of consumer behavior including the meaning of consumer behavior, types of consumers, factors that influence consumer behavior from various disciplines like psychology, sociology, economics, and applications of consumer behavior knowledge in marketing. It defines consumer behavior as how individuals select, purchase, use, and dispose of products and services. It also outlines the consumer decision making process and different types of consumer buying behaviors.
The document discusses consumer motivation and the motivational process. It defines motivation as the driving force that impels individuals to action. The motivational process involves needs, both innate and acquired, that give rise to motives. These motives then lead to the selection of goals, both positive and negative. Needs are never fully satisfied and new needs emerge as old needs are met. Motivation is influenced by success, failure, and defense mechanisms. Motives can be aroused physiologically, emotionally, and cognitively. The document also discusses measuring motivation through qualitative research methods.
This document discusses consumer behavior and the consumer buying process. It describes consumer behavior as studying how and why people make purchasing decisions. The consumer buying process has six stages: problem recognition, information search, evaluation of alternatives, purchase decision, purchase, and post-purchase evaluation. It also outlines four types of consumer buying behavior: routine response, limited decision making, extensive decision making, and impulse buying.
This document discusses how personality influences consumer behavior and attitudes. It begins by defining personality and outlining theories of personality, including Freudian, Neo-Freudian, and trait theories. It then explains how specific personality traits like consumer innovativeness, dogmatism, and need for uniqueness impact consumer responses. The document also covers brand personality, materialism, compulsive consumption, and how products can enhance consumers' self-images. The overall objective is to understand how personality reflects differences in consumers and how marketers can use this knowledge.
The document discusses consumer buying behavior and factors that influence purchase decisions. It covers various models of consumer behavior including the economic model, learning model, psychoanalytical model, and sociological model. It also discusses Maslow's hierarchy of needs, characteristics affecting consumer behavior, motives, habits, the buying process, and factors like culture, social groups, and personality that influence consumer decisions. Finally, it analyzes the Indian consumer market and classifications based on economic status.
The document provides an overview of chapters in a book on consumer behavior, including introductions to consumer behavior, the consumer research process, market segmentation and targeting, consumer motivation, personality and consumer behavior, consumer perception, consumer learning, attitude formation and change, communication processes, factors influencing consumer behavior, opinion leadership, and the consumer decision-making process. It lists the chapter titles and page numbers for each of the 11 chapters covered in the book. The document serves as a table of contents that outlines the topics and structure of the consumer behavior book.
The document provides an overview of consumer behaviour and the consumer buying process. It discusses [1] factors that influence consumer behavior like culture, social groups, personal characteristics and psychological factors; [2] the consumer decision making process of need recognition, information search, alternative evaluation, purchase decision and post-purchase behavior; and [3] types of buying decisions based on involvement.
This document discusses perceived risk, which refers to the uncertainty consumers face when making a purchase. It notes there are various types of perceived risks like functional, social, financial, and psychological risks. The document also identifies ways to determine perceived risk, such as looking at security/warranty, hidden extra costs, and brand reputation. Finally, it proposes some methods for countering perceived risks like emphasizing a company's reputation, paying attention to the selling style used, and paying close attention to customers.
1) Consumer psychology deals with activities involved in selecting, obtaining, and using products and services to satisfy needs and desires, including decision processes before and after purchase.
2) Consumer behavior is the study of buying units and exchange processes involved in acquiring, consuming, and disposing of goods, services, experiences, and ideas.
3) Theories of consumer behavior development include the rational choice theory, opportunity set/budget constraint theory, and preference ordering theory. External factors like demographics, economics, and social influences also impact consumer decisions.
Consumer involvement refers to the level of importance and information processing a consumer applies to a product. The degree of involvement significantly impacts consumer behavior. High involvement occurs for expensive, important, or complex purchases and requires extensive research. Some involvement is needed for moderately important items. Low involvement is for unimportant purchases requiring minimal research. Factors like personal interests, product characteristics, and the situation influence a consumer's level of involvement.
Introduction to Consumer Behaviour; Consumer Behaviour
and Marketing Strategy; Consumer Involvement – Levels
of involvement, and Decision Making.
Consumer Decision Process – Stages in Decision Process,
Information Search Process; Evaluative Criteria and
Decision Rules, Consumer Motivation – Types of Consumer
Needs, Ways of Motivating Consumers. Information
Processing and Consumer Perception.
Consumer Attitudes and Attitude Change; Influence of
Personality and Self Concept on Buying Behaviour,
Psychographics and Lifestyles, Impuse Buying.
Diffusion of Innovation and Opinion Leadership, Family
Decision Making, Influence of Reference Group
Industrial Buying Behaviour– Process and factors, Models
of Consumer Behaviour – Harward Seth, Nicosia, E& D,
Economic Model; Introduction to Consumer Behaviour
Audit; Consumer Behaviour Studies in India.
The document outlines the consumer decision making process, which consists of 5 steps: problem recognition, information search, evaluation of alternatives, purchase decision, and post-purchase behavior. It then provides details about each step, including examples. It also discusses alternative forms of decision making, habitual/routine, limited, and extended decision making. The key aspects of the consumer decision making process are recognizing a problem, gathering information from various sources, comparing alternatives, making the purchase, and evaluating the purchase.
The document outlines the consumer decision making process, which consists of problem recognition, information search, evaluation of alternatives, purchase decision, and post-purchase evaluation. It also discusses alternative forms of decision making like habitual, limited, and extended decision making. Heuristics and decision rules that help consumers in their decision making are also explained. Key aspects of each step in the consumer decision making process are defined along with relevant examples.
CONSUMER BUYING BEHAVIOUR - INTRODUCTION TO MARKETINGAgaineSandra1
Consumer markets are constantly changing, and marketers must understand new and emerging contexts to succeed
Widespread adoption of digital technologies has created a global consumer culture that affects local lifestyles and behaviors
Global consumer culture shapes cultural values and can significantly influence how individuals respond to marketing activities
Marketers need to understand both local and global nuances of a market and identify aspects that may impact consumer behavior
1) The document discusses consumer and business buyer behavior, outlining key differences. Consumer behavior is driven more by emotions while business buyer behavior follows a formal, structured process.
2) It also covers the consumer buying process in 6 stages - problem recognition, information search, evaluation, purchase, and post-purchase evaluation. Multiple factors like needs, wants, social influences impact consumer decisions.
3) Business buyers consider objectives, value, and responsibilities when purchasing. Multiple departments are involved in complex procedures compared to individual consumers.
The consumer buying decision process involves 5 stages:
1. Need recognition - the consumer recognizes an internal or external need for a product.
2. Information search - the consumer seeks information from external and internal sources to help make a purchase decision.
3. Evaluation of alternatives - the consumer evaluates different product options and attributes.
4. Purchase decision - the consumer chooses a product that resolves their need.
5. Post-purchase behavior - the consumer determines if they made the right purchase and may become a loyal customer if satisfied.
The document outlines a 5-stage model of buyer behavior: 1) Need recognition occurs when a consumer recognizes an internal or external problem or need. 2) Information search happens as the consumer gathers information about options. 3) Evaluation of alternatives is how the consumer processes information to choose between brands. 4) Purchase decision involves sub-decisions about specific attributes. 5) Post-purchase behavior depends on whether expectations were met or exceeded, influencing satisfaction.
This document summarizes key concepts about consumer decision making from a marketing lecture. It discusses:
1) The five stages of the consumer decision making process: need recognition, information search, evaluation of alternatives, purchase, and post-purchase evaluation.
2) Types of consumer buying decisions based on involvement: routine response, limited decision making, and extensive decision making. More involved purchases require more search and consideration of alternatives.
3) Cultural, social, and psychological factors that influence consumer decisions at each stage of the process, such as recommendations from personal contacts, brand perceptions, and efforts to reduce cognitive dissonance after purchase.
This document discusses consumer decision making and the consumer decision process. It outlines the different types of decisions consumers make regarding what to buy, how to buy, how much to buy, and when to buy. The consumer decision process involves several stages: problem recognition, information search, evaluation of alternatives, purchase, consumption, and post-consumption evaluation. Marketers must understand this process and how consumers decide what products and services to purchase based on their needs, preferences, and other factors that influence consumer behavior.
This document provides an overview of consumer behavior and the consumer buying process. It defines consumer behavior as the study of how consumers make purchasing decisions and outlines several key factors that influence those decisions, including cultural, social, personal, and psychological forces. It then describes the common roles that individuals play in the buying process, such as the initiator, influencer, decider, buyer, and user. Finally, it outlines the five main stages of the consumer buying decision process: problem recognition, information search, evaluation of alternatives, purchase, and post-purchase evaluation.
There are three main types of consumer buying behavior: routine response behavior, limited decision making, and extensive decision making. Routine behavior involves frequent, low-effort purchases of familiar products. Limited behavior involves occasional purchases where consumers gather some information. Extensive behavior involves complex purchases of unfamiliar, expensive products where consumers intensively research options. The buyer decision process has six stages: need recognition, information search, developing choice criteria, evaluating alternatives, purchase, and post-purchase evaluation. New products go through five adoption stages: awareness, interest, evaluation, trial, and adoption.
The document discusses consumer decision making and behavior. It outlines the consumer decision making process which includes need recognition, information search, evaluation of alternatives, purchase, and post-purchase behavior. It also discusses factors that influence consumer decisions such as involvement, time, cost, information search, and alternatives considered. There are three levels of consumer decision making - extensive problem solving, limited problem solving, and routinized response behavior. The document also presents four models of consumer decision making - economic, passive, cognitive, and emotional views.
The document summarizes the consumer purchase process in 5 stages:
1) Need recognition - a consumer faces a need or problem that starts the process.
2) Information search - the consumer searches for information on options from formal and informal sources.
3) Developing and evaluating alternatives - the consumer considers options that satisfy their needs.
4) Purchase decision - the consumer intends to purchase an option based on their evaluation and influences from others.
5) Post-purchase behavior - the consumer is satisfied and shares their experience, or dissatisfied and shares negative feedback.
The document discusses key concepts related to customers, including:
1. It defines what a customer is and explains that customer needs can be functional, social, or emotional.
2. Customer pain points refer to persistent problems with products or services and can include issues like high costs, poor support, or inconvenience.
3. Understanding customer demographics, conducting market research, and validating products with customers are important parts of the customer experience process.
This document reports on a study of consumer decision processes in buying behavior. The objectives were to define consumer roles, understand the consumer buying decision process, and examine how consumer behavior changes with the environment. The study found that consumers go through problem recognition, information search, evaluation of alternatives, purchase, and post-purchase evaluation. It identified common factors influencing brand and store choice like price, location, and promotions. The research helped define consumer roles and provided insight into how their decisions and behaviors change.
This document discusses consumer decision making and behavior. It identifies 5 factors that influence consumer decisions: involvement, time, cost, information search, and alternatives considered. It then describes 3 types of consumer decisions: cognitive, habitual, and affective. The stages of cognitive decision making are outlined as problem recognition, information search, evaluation of alternatives, product choice, and post-purchase evaluation. Habitual and affective decision making are also briefly discussed.
Consumer behavior can be understood by examining why people buy goods and services and what factors influence their purchasing decisions. The consumer decision process involves need recognition, information search, alternative evaluation, purchase/consumption, and post-purchase evaluation. People search for information both internally from past experiences and externally from others to evaluate alternatives and make purchase decisions based on perceived benefits, costs, risks, and other factors. After purchasing, consumers can experience satisfaction, cognitive dissonance, or develop loyalty or disloyalty based on their overall experience.
Consumer behavior involves how individuals make decisions to purchase goods and services. It is influenced by cultural, social, personal, and psychological factors. Understanding consumer behavior helps companies identify and satisfy consumer needs to achieve marketing goals. It provides insights into what products consumers want in terms of color, design, and size that can inform a company's production policy.
What’s “In” and “Out” for ABM in 2024: Plays That Help You Grow and Ones to L...Demandbase
Delve into essential ABM ‘plays' that propel success while identifying and leaving behind tactics that no longer yield results. Led by ABM Experts, Jon Barcellos, Head of Solutions at Postal and Tom Keefe, Principal GTM Expert at Demandbase.
In this humorous and data-heavy session, join us in a joyous celebration of life honoring the long list of SEO tactics and concepts we lost this year. Remember fondly the beautiful time you shared with defunct ideas like link building, keyword cannibalization, search volume as a value indicator, and even our most cherished of friends: the funnel. Make peace with their loss as you embrace a new paradigm for organic content: Pillar-Based Marketing. Along the way, discover that the results that old SEO and all its trappings brought you weren’t really very good at all, actually.
In this respectful and life-affirming service—erm, session—join Ryan Brock (Chief Solution Officer at DemandJump and author of Pillar-Based Marketing: A Data-Driven Methodology for SEO and Content that Actually Works) and leave with:
• Clear and compelling evidence that most legacy SEO metrics and tactics have slim to no impact on SEO outcomes
• A major mindset shift that eliminates most of the metrics and tactics associated with SEO in favor of a single metric that defines and drives organic ranking success
• Practical, step-by-step methodology for choosing SEO pillar topics and publishing content quickly that ranks fast
In this dynamic session titled "Future-Proof Like Beyoncé: Syncing Email and Social Media for Iconic Brand Longevity," Carlos Gil, U.S. Brand Evangelist for GetResponse, unveils how to safeguard and elevate your digital marketing strategy. Explore how integrating email marketing with social media can not only increase your brand's reach but also secure its future in the ever-changing digital landscape. Carlos will share invaluable insights on developing a robust email list, leveraging data integration for targeted campaigns, and implementing AI tools to enhance cross-platform engagement. Attendees will learn how to maintain a consistent brand voice across all channels and adapt to platform changes proactively. This session is essential for marketers aiming to diversify their online presence and minimize dependence on any single platform. Join Carlos to discover how to turn social media followers into loyal email subscribers and ultimately, drive sustainable growth and revenue for your brand. By harnessing the best practices and innovative strategies discussed, you will be equipped to navigate the challenges of the digital age, ensuring your brand remains relevant and resonant with your audience, no matter the platform. Don’t miss this opportunity to transform your approach and achieve iconic brand longevity akin to Beyoncé's enduring influence in the entertainment industry.
Key Takeaways:
Integration of Email and Social Media: Understanding how to seamlessly integrate email marketing with social media efforts to expand reach and reinforce brand presence. Building a Robust Email List: Strategies for developing a strong email list that provides a direct line of communication to your audience, independent of social media algorithms. Data Integration for Targeted Campaigns: Leveraging combined data from email and social media to create personalized, targeted marketing campaigns that resonate with the audience. Utilization of AI Tools: Implementing AI and automation tools to enhance efficiency and effectiveness across marketing channels. Consistent Brand Voice Across Platforms: Maintaining a unified brand voice and message across all digital platforms to strengthen brand identity and user trust. Proactive Adaptation to Platform Changes: Staying ahead of social media platform changes and algorithm updates to keep engagement high and interactions meaningful. Conversion of Social Followers to Email Subscribers: Techniques to encourage social media followers to subscribe to email, ensuring a direct and consistent connection. Sustainable Growth and Minimized Platform Dependence: Strategies to diversify digital presence and reduce reliance on any single social media platform, thereby mitigating risks associated with platform volatility.
janani Digital Marketer|Digital Marketing consultant|Marketing Promotion|Coim...janudm24
Myself Janani Digital marketing consultant located in coimbatore I offer all kinds of digital marketing services for your business requirements such as SEO SMO SMM SMO CAMPAIGNS content writing web design for all your business needs with affordable cost
Digital Marketing Services | Techvolt Software :
Digital Marketing is a latest method of Marketing techniques widely used across the Globe. Digital Marketing is an online marketing technique and methods used for all products and services through Search Engine and Social media advertisements. Previously the marketing techniques were used without using the internet via direct and indirect marketing strategies such as advertising through Telemarketing,Newspapers,Televisions,Posters etc.
List of Services offered in Digital Marketing |Techvolt Software :
Techvolt Software offers best Digital Marketing services for promoting your products and services through online platform on the below methods of Digital marketing
1. Search Engine Optimization (SEO)
2. Search Engine Marketing (SEM)
3. Social Media Optimization (SMO)
4. Social Media Marketing (SMM)
5. Campaigns
Importance | Need of Digital Marketing (Online Promotions) :
1. Quick Promotions through Online
2. Generation of More leads and Business Enquiries via Search Engine and Social Media Platform
3. Latest Technology development vs Business promotions
4. Creation of Social Branding
5. Promotion with less investment
Benefits Digital Marketing Services at Techvolt software :
1. Services offered with Affordable cost
2. Free Content writing
3. Free Dynamic Website design*
4. Best combo offers on website Hosting,design along with digital marketing services
5. Assured Lead Generation through Search Engine and Social Media
6. Online Maintenance Support
Free Website + Digital Marketing Services
Techvolt Software offers Free website design for all customer and clients who is availing the digital marketing services for a minimum period of 6 months.
With Regards
Janani Digital Marketer
Coimbatore,Tamilnadu.
Breaking Silos To Break Bank: Shattering The Divide Between Search And SocialNavah Hopkins
At Mozcon 2024 I shared this deck on bridging the divide between search and social. We began by acknowledging that search-first marketers are used to different rules of engagement than social marketers. We also looked at how both channels treat creative, audiences, bidding/budgeting, and AI. We finished by going through how they can win together including UTM audits, harvesting comments from both to inform creative, and allowing for non-login forums to be part of your marketing strategy.
I themed this deck using Baldur's Gate 3 characters: Gale as Search and Astarion as Social
Empowering Influencers: The New Center of Brand-Consumer Dynamics
In the current market landscape, establishing genuine connections with consumers is crucial. This presentation, "Empowering Influencers: The New Center of Brand-Consumer Dynamics," explores how influencers have become pivotal in shaping brand-consumer relationships. We will examine the strategic use of influencers to create authentic, engaging narratives that resonate deeply with target audiences, driving success in the evolved purchase funnel.
Mastering Local SEO for Service Businesses in the AI Era is tailored specifically for local service providers like plumbers, dentists, and others seeking to dominate their local search landscape. This session delves into leveraging AI advancements to enhance your online visibility and search rankings through the Content Factory model, designed for creating high-impact, SEO-driven content. Discover the Dollar-a-Day advertising strategy, a cost-effective approach to boost your local SEO efforts and attract more customers with minimal investment. Gain practical insights on optimizing your online presence to meet the specific needs of local service seekers, ensuring your business not only appears but stands out in local searches. This concise, action-oriented workshop is your roadmap to navigating the complexities of digital marketing in the AI age, driving more leads, conversions, and ultimately, success for your local service business.
Key Takeaways:
Embrace AI for Local SEO: Learn to harness the power of AI technologies to optimize your website and content for local search. Understand the pivotal role AI plays in analyzing search trends and consumer behavior, enabling you to tailor your SEO strategies to meet the specific demands of your target local audience. Leverage the Content Factory Model: Discover the step-by-step process of creating SEO-optimized content at scale. This approach ensures a steady stream of high-quality content that engages local customers and boosts your search rankings. Get an action guide on implementing this model, complete with templates and scheduling strategies to maintain a consistent online presence. Maximize ROI with Dollar-a-Day Advertising: Dive into the cost-effective Dollar-a-Day advertising strategy that amplifies your visibility in local searches without breaking the bank. Learn how to strategically allocate your budget across platforms to target potential local customers effectively. The session includes an action guide on setting up, monitoring, and optimizing your ad campaigns to ensure maximum impact with minimal investment.
From Hope to Despair The Top 10 Reasons Businesses Ditch SEO Tactics.pptxBoston SEO Services
From Hope to Despair: The Top 10 Reasons Businesses Ditch SEO Tactics
Are you tired of seeing your business's online visibility plummet from hope to despair? When it comes to SEO tactics, many businesses find themselves grappling with challenges that lead them to abandon their strategies altogether. In a digital landscape that's constantly evolving, staying on top of SEO best practices is crucial to maintaining a competitive edge.
In this blog, we delve deep into the top 10 reasons why businesses ditch SEO tactics, uncovering the pain points that may resonate with you:
1. Algorithm Changes: The ever-changing algorithms can leave businesses feeling like they're chasing a moving target. Search engines like Google frequently update their algorithms to improve user experience and provide more relevant search results. However, these updates can significantly impact your website's visibility and ranking if you're not prepared.
2. Lack of Results: Investing time and resources without seeing tangible results can be disheartening. The absence of immediate results often leads businesses to lose faith in their SEO strategies. It's important to remember that SEO is a long-term game that requires patience and consistent effort.
3. Technical Challenges: From site speed issues to complex metadata implementation, technical hurdles can be daunting. Overcoming these challenges is crucial for SEO success, as technical issues can hinder your website's performance and user experience.
4. Keyword Competition: Fierce competition for top keywords can make it hard to rank effectively. Businesses often struggle to find the right balance between targeting high-traffic keywords and finding less competitive, niche keywords that can still drive significant traffic.
5. Lack of Understanding of SEO Basics: Many businesses dive into the complex world of SEO without fully grasping the fundamental principles. This lack of understanding can lead to several issues:
Keyword Awareness: Failing to recognize the importance of keyword research and targeting the right keywords in content.
On-Page Optimization: Ignorance regarding crucial on-page elements such as meta tags, headers, and content structure.
Technical SEO Best Practices: Overlooking essential aspects like site speed, mobile responsiveness, and crawlability.
Backlinks: Not understanding the value of high-quality backlinks from reputable sources.
Analytics: Failing to track and analyze data prevents businesses from optimizing their SEO efforts effectively.
6. Unrealistic Expectations and Timeframe: Entrepreneurs often fall prey to the allure of quick fixes and overnight success. Unrealistic expectations can overshadow the reality of the time and effort needed to see tangible results in the highly competitive digital landscape. SEO is a long-term strategy, and setting realistic goals is crucial for success.
#SEO #DigitalMarketing #BusinessGrowth #OnlineVisibility #SEOChallenges #BostonSEO
The digital marketing industry is changing faster than ever and those who don’t adapt with the times are losing market share. Where should marketers be focusing their efforts? What strategies are the experts seeing get the best results? Get up-to-speed with the latest industry insights, trends and predictions for the future in this panel discussion with some leading digital marketing experts.
Lily Ray - Optimize the Forest, Not the Trees: Move Beyond SEO Checklist - Mo...Amsive
Lily Ray, Vice President of SEO Strategy & Research at Amsive, explores optimizing strategies for sustainable growth and explores the impact of AI on the SEO landscape.
Efficient Website Management for Digital Marketing ProsLauren Polinsky
Learn how to optimize website projects, leverage SEO tactics effectively, and implement product-led marketing approaches for enhanced digital presence and ROI.
This session is your key to unlocking the secrets of successful digital marketing campaigns and maximizing your business's online potential.
Actionable tactics you can apply after this session:
- Streamlined Website Management: Discover techniques to streamline website development, manage day-to-day operations efficiently, and ensure smooth project execution.
- Effective SEO Practices: Gain valuable insights into optimizing your website for search engines, improving visibility, and driving organic traffic to your digital assets.
- Leverage Product-Led Marketing: Explore strategies for incorporating product-led marketing principles into your digital marketing efforts, enhancing user engagement and driving conversions.
Don't miss out on this opportunity to elevate your digital marketing game and achieve tangible results!
Build marketing products across the customer journey to grow your business and build a relationship with your customer. For example you can build graders, calculators, quizzes, recommendations, chatbots or AR apps. Things like Hubspot's free marketing grader, Moz's site analyzer, VenturePact's mobile app cost calculator, new york times's dialect quiz, Ikea's AR app, L'Oreal's AR app and Nike's fitness apps. All of these examples are free tools that help drive engagement with your brand, build an audience and generate leads for your core business by adding value to a customer during a micro-moment.
Key Takeaways:
Learn how to use specific GPTs to help you Learn how to build your own marketing tools
Generate marketing ideas for your business How to think through and use AI in marketing
How AI changes the marketing game
Boost Your Instagram Views Instantly Proven Free Strategies.InstBlast Marketing
Supercars use advanced materials and tech for top-speed performance. Join Performance Car Exclusive to experience driving excellence.
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As the call for for skilled experts continues to develop, investing in quality education and education from a reputable https://www.safalta.com/online-digital-marketing/best-digital-marketing-institute-in-noida Digital advertising institute in Noida can lead to a a success career on this eve
Gokila digital marketing| consultant| Coimbatoredmgokila
Myself Gokila digital marketing consultant located in Coimbatore other various types of digital marketing services such as SEM
SEO SMO SMM CAMPAIGNS content writing web design for all your business needs with affordable cost
Digital Marketing Services | Techvolt Software :
Digital Marketing is a latest method of Marketing techniques widely used across the Globe. Digital Marketing is an online marketing technique and methods used for all products and services through Search Engine and Social media advertisements. Previously the marketing techniques were used without using the internet via direct and indirect marketing strategies such as advertising through Telemarketing,Newspapers,Televisions,Posters etc.
List of Services offered in Digital Marketing |Techvolt Software :
Techvolt Software offers best Digital Marketing services for promoting your products and services through online platform on the below methods of Digital marketing
1. Search Engine Optimization (SEO)
2. Search Engine Marketing (SEM)
3. Social Media Optimization (SMO)
4. Social Media Marketing (SMM)
5. Campaigns
Importance | Need of Digital Marketing (Online Promotions) :
1. Quick Promotions through Online
2. Generation of More leads and Business Enquiries via Search Engine and Social Media Platform
3. Latest Technology development vs Business promotions
4. Creation of Social Branding
5. Promotion with less investment
Benefits Digital Marketing Services at Techvolt software :
1. Services offered with Affordable cost
2. Free Content writing
3. Free Dynamic Website design*
4. Best combo offers on website Hosting,design along with digital marketing services
5. Assured Lead Generation through Search Engine and Social Media
6. Online Maintenance Support
Free Website + Digital Marketing Services
Techvolt Software offers Free website design for all customer and clients who is availing the digital marketing services for a minimum period of 6 months.
With Regards
Gokila digital marketer
Coimbatore
In the face of the news of Google beginning to remove cookies from Chrome (30m users at the time of writing), there’s no longer time for marketers to throw their hands up and say “I didn’t know” or “They won’t go through with it”. Reality check - it has already begun - the time to take action is now. The good news is that there are solutions available and ready for adoption… but for many the race to catch up to the modern internet risks being a messy, confusing scramble to get back to "normal"
Can you kickstart content marketing when you have a small team or even a team of one? Why yes, you can! Dennis Shiao, founder of marketing agency Attention Retention will detail how to draw insights from subject matter experts (SMEs) and turn them into articles, bylines, blog posts, social media posts and more. He’ll also share tips on content licensing and how to establish a webinar program. Attend this session to learn how to make an impact with content marketing even when you have a small team and limited resources.
Key Takeaways:
- You don't need a large team to start a content marketing program
- A webinar program yields a "one-to-many" approach to content creation
- Use partnerships and licensing to create new content assets
2. WHAT IS BUYING DECISION
PROCESS?
•The buying decision process is the decision-
making process used by consumers regarding
market transactions before, during, and
after the purchase of a goods or service.
3. OBJECTIVES OF BUYING
DECISION PROCESS:
• There are two objectives of buying decision process. They are:
1. First objective is to examine if personal, social and
psychological characteristics have affect on consumer buying
behaviour.
2. Second objective is to gain knowledge on how the purchase
decision process is being made by individual consumer.
5. 1. PROBLEM/NEED
RECOGNITION
NO NEED
NO PURCHASE
If a consumer does not perceive a problem
or need, he generally will not move forward
with considering a product purchase.
6. Recognize what the problem or need is and identify
the product or type of product which is required.
Need can be triggered by Internal or External
Stimuli.
a) Internal Stimuli like hunger and the thirst.
b) External stimuli like someone motivating you.
Point of importance is to identify what triggers
the need.
7. I haven’t eaten lunch.
I’ll buy some food at
the supermarket.
Internal Stimuli
That dish looks and
smells so good.
I’ll give it a try.
External Stimuli
9. Interested consumer will try to seek information.
Now, he will read newspapers and magazines, watch television,
visit showroom or dealer, contact salesman, discuss with
friends and relatives, and try all the possible sources of
information.
Mostly, the consumer can try one or more of following sources
of information:
i. Personal sources
ii. Commercial Sources
iii. Public Sources
iv. Experimental Sources
10. Already present in the
consumer’s memory.
How was my experience
with this camera brand last
year?
Obtain from other
consumers.
How do professional
photographers rate this
camera?
12. o After collecting all the information, consumer undergoes evaluation of
brands.
o Normally from all the alternatives, consumer selects the best one, the brand
that offers maximum satisfaction.
o Following criteria are consider while evaluating alternatives:
1. Benefits offered by the brands
2. Qualities, features or attributes and performance
3. Price changed by various brands
4. History of brands
5. Popularity, image or reputation of brands
6. Product related services offer
7. Availability of brand and dealer rating
13. This laptop is
small, light and
has long
battery life.
Perfect for
travelling.
This laptop’s
graphic card,
hard drive, and
operating
system are ideal
for coding.
Consumers
consider
different
attributes
15. This is the stage when the consumer prefers one, the most promising
brand, out of several brands.
Simply, the most attractive brand, that can offer more benefits in
relation to price paid, is selected by comparing one brand with others.
Comparison source superiority/inferiority of the brands.
However, three factors further affect whether buying intension
results into actual purchase.
1. The first factor is attitude of others.
2. The second factor unanticipated situational factors.
3. The third and the last factor is consumer’s perceived risk.
16. CONSUMERS BUYING DECISION INVOLVES
FOLLOWING FIVE SUB-DECISIONS:
BRAND IMAGE DEALER QUANTITY
TIMING
PAYMENT
METHOD
17. 5. POST PURCHASE DECISION
“A customer talking about their experience with you
is worth ten times that which you write or say
about yourself.”- David J. Greer
18. Consumer determines if he or she made the right purchase. Satisfied consumers will
most likely share their experience and become loyal customers.
Consumer buys the product with certain expectations.
There is always possibility of variation between the expected level of satisfaction
and the actual satisfaction.
Customer’s subsequent behaviour is influenced by degree of
satisfaction/dissatisfaction.
Marketer must monitor the post purchase experience of the buyers that includes:
a) Post-purchase satisfaction
b) Post-purchase action
c) Post-purchase use and disposal
19. A. POST PURCHASE BEHAVIOUR: SATISFACTION
• Consumer’s satisfaction is the function of the relationship between
expected/perceived performance(expectations) and actual
performance.
• Performance less than the expectation results into the
dissatisfaction.
• Performance as per the expectation leaves satisfaction.
• Performance better than expectation leads to delighted consumer.
Point of importance is that it will affect his future decision
making process.
20. B. POST PURCHASE BEHAVIOUR: ACTION
• Satisfaction or dissatisfaction may influence a consumers
subsequent behaviour.
• If its favourable it may lead to a repeat purchase.
• If dissatisfaction the consumer may stop buying the
product (exit option) or warn the people around (voice
option).
21. C. POST PURCHASE BEHAVIOUR: USES AND
DISPOSABLE
• Its important to calculate the consumption rate, i.e.
frequency of purchase.
• Profits come from sales and key driver of sales is
consumption rate.
22. Based On This Buying Decision
Process, What Should
Marketers And Sales People
Remember?