SlideShare a Scribd company logo
The process that consumers go
through when buying products and
services
Before, during and after making
purchases
Consumer Decision Process Steps
Need
RecognitionDo you have a
unsatified need ?
Do you desire to
change it ? And how
soon ?
Information Search
Where would you go
to fufil this need?
What options do you
have ? Internal or
External search
Alternative
EvaluationWhy did you pick this
place or person ?
Do you have to be
loyal to the same
place or person ?
Purchase&Consumpti
onYou’re ready to buy
item?
Was this really the
item or service you
wanted ?
Post
PurchaseWas this consumer
satisfied ?
Will they repeat the
purchase ?
3
NEEDRECOGNITION
The consumer recognize that
the have a need and they must
decide if they would like to fulfill
this now or is this something
that can wait.
So you decide is this a need or
want. Example you need to eat
and drink. Your body will let you
know if you're thirsty or hungry
Now! you have your WANTS
Yes! You can eat a nice salad,
or you may want to eat a
brownie with ice cream.
Sometimes your wants can
seem like a need
Functional Needs would be
like a car , motorbike or bus.
They all do the same as of
transportation to get you to
where you need to be.
Not every consumer needs the
same power or has the same
time limit.
Psychological Needs is your
personal gratification.
Example: Shoes you can
purchase at Walmart if you just
need shoes and it doesn’t
matter to you just long as it is
protecting your feet. Some
people might prefer to wear
Nike and Puma.
Most celebrities high end
shoes because of the satisfy
their need even though shoes
may do the same.
4
External/Internal
Internal Search
would be your own
knowledge or
memory of a product
or service.This is if
you choose to go to
your favorite
restaurant and order
that particular
cravern that you like.
External Search
where the consumer
would seek out
information from
family, friends or
salesperson. You
could feel like you
need more
knowledge than just
your own
experience.
Control
Internal Locus of
Control are people
that believe that
they have control of
the outcome of their
actions. They will do
more research.
External Locus of
Control are people
believe in fate and
don’t do a lot of
research. They don’t
plan as much and
go with the flow
Actual or Perceived 5
Risk1. Performance
perceived danger or
poorly performing
product
2. Financial the
initial cost of the
purchase
3. Social this is
when the
consumersfears
others might not
look at the purchase
positive
4.Phychological the
risk of buying a
product and it does
not perform
expected
5. Psychological this
is when people feel
product or service
does not have the
right image
INFORMATIONSEARCH
5
EVALUATIONOF
ALTERNATIVES
Attributes Sets
Universal Sets
would be all
possible choices the
comsumer can
consider
But the consumer
can't recall all, so
they rely on
Retrieval Sets that
goes off memory of
that brand
Evoked Set is when
another brand or
store can change
the consumer
purchase decison
Evaluative Criteria
is whats important
and a particular
product
Determinant whats
important and
desirable
Consumer
RulesCompensatory
Rule
Consumer can
tradeoff something
could be more
exspensove but the
product has
everything that
person needs
Multi Attribute
model where you
can use this model
to score to
determine which is
important
Choice of
Architecture
Represents an effort
to influence
consumers through
design
Another choice is
Default which deals
with no action by
imposing a choice
on a person who
fails to decide
Personal
information you can
agree to Opt in or
Opt out
6
POST PURCHASE
The final step in
consumer decision
purchase
• Marketers can get a lot of detail
information and will be able to see if the
customer was satisfied , spread positive
word or make another purchase. The
customer will have 3 post purchase
outcomes Customer satisfaction,
Postpurchase cognitive, Customer loyalty
• Customer Satisfaction is setting high
expectations for consumers and setting
the low is poor strategy. Encourage
feedback and stand behind your product
• Cognitive Dissonance is when you
question the purschase after the
customer decision has been made
• Customer Loyalty is where marketers
wants to develop a relationship so that
way, they only buy that brand or their
store
• Undesirable Consumer Behavior is a
firm's worst nightmare, even though the
goal is having everyone satisfied that’s
not the case. Consumers can have
negative word of mouth and with
technology a review can be shared and
instantly to other viewers in minutes
7
Psychological
Factors
Motives , Attitdues
Perceptions, Learning
and memory and
lifestyle
Social
Factors
Family, Reference
Groups and Culture
Marketing
Mix
Product, Price, Place
and Promotion
Situational
Factors
Purchase Situation,
Sensory Situation,
Temporal State
Factors Affecting The Consumer
Decision Process
8
Psychological Factors
9
Motives Attitude
It influences your
decisions and actions
Its your own personal
evaluation about
almost everything
Learning &
memoryOrganize and interpret
information and form a
meaningful picture of
the world
Perception
A customer change in
thought process
Memories influence
the decision making
Lifestyle
How customers spend
their time and money
Certain brands may
support your lifestyle
A need or want that
drives a person to seek
satisfaction
SOCIAL FACTORS
External Social Environment
Family
When it comes to
purchasing products or
services people gravitate
towards if the entire
family can use.
Affect Buying Decisions
Reference
Group
Influences
Cultur
e
Share
meanings,beliefs,morals,
values
10
One or more individual
that use comparisons
base off beliefs, feeling
and behaviors
SITUATIONAL FACTORS
MARKETING MIX
Purchase Situation
• These factors can influence
and override your social and
psychological issues
• Depending on the customers
situations what you may buy
for yourself you might not buy
for others
Sensory Situation and Temporal
State
• When a customers enters a
store five senses can strongly
change a person decision.
Which is Visual, Auditory,
Olfactor(Smell),Tactile(Touch)
and Taste
• Temporal State A person state
of mind can determine the
buying situation some people
can be different during the
day and another at night
Product, Price, Place and
Promotion
Month, Years
• Product whats the brand?
Name,What would it look like
?
• Price Whats the value? Who
could afford this item? Will
you offer discounts ?
• Place Who are your
competiers? Where are
customers the most ?
• Promotion Tv, Radio, Online
and whats the best way for
your company ?
11
Consumer Behavior
Consumer behavior is very
broad.
Marketers can predict as
much as they can to help
them to see potential future,
but nothing is for sure.
I do feel like with online
surveys and reviews you're
more connected with the
consumer and you have an
opportunity to correct any
mistakes to be better.
Brittnie Watts

More Related Content

What's hot

Post Purchase Consumer Behaviour
Post Purchase Consumer BehaviourPost Purchase Consumer Behaviour
Post Purchase Consumer Behaviour
King Julian
 
impulse buying behaviour
impulse buying behaviourimpulse buying behaviour
impulse buying behaviour
ejaz awan
 
Buying process ,Type of Buyers and Buying Signals
Buying process ,Type of Buyers  and Buying SignalsBuying process ,Type of Buyers  and Buying Signals
Buying process ,Type of Buyers and Buying Signals
Deogratius Kilawe
 
V47 Ch6 Consumerbehavior Ed Basa
V47 Ch6 Consumerbehavior Ed BasaV47 Ch6 Consumerbehavior Ed Basa
V47 Ch6 Consumerbehavior Ed Basa
Prof.Edgardo V. Basa
 
Chapter5_4
Chapter5_4Chapter5_4
Chapter5_4
114iiminternship
 
7 Buying Signals You Need to Know
7 Buying Signals You Need to Know7 Buying Signals You Need to Know
7 Buying Signals You Need to Know
sws0926
 
Survey session 1
Survey session 1Survey session 1
Survey session 1
Hema Vaidyanathan
 
Consumer behavior
Consumer behavior Consumer behavior
Consumer behavior
Nipuni Madhumali
 
Adidas Basketball 1
Adidas Basketball 1Adidas Basketball 1
Adidas Basketball 1
johnhmil
 
Post purchase behaviour- Buying and Disposing
Post purchase behaviour- Buying and DisposingPost purchase behaviour- Buying and Disposing
Post purchase behaviour- Buying and Disposing
Aditi Sharma
 
Consumer behaviour
Consumer behaviourConsumer behaviour
Consumer behaviour
MadhuKar Rai
 
Understanding and targeting the marketplace
Understanding and targeting the marketplaceUnderstanding and targeting the marketplace
Understanding and targeting the marketplace
TaylorRiffell
 
A New Definition for “Moment of Truth”: How mobile and social media are chang...
A New Definition for “Moment of Truth”: How mobile and social media are chang...A New Definition for “Moment of Truth”: How mobile and social media are chang...
A New Definition for “Moment of Truth”: How mobile and social media are chang...
InsightInnovation
 
Consumer Behaviour
Consumer BehaviourConsumer Behaviour
Consumer Behaviour
Amit Pandey
 
Types of buying decision behaviors and buyer decision process
Types of buying decision behaviors and buyer decision processTypes of buying decision behaviors and buyer decision process
Types of buying decision behaviors and buyer decision process
Sharif Alaul
 
What is Marketing?
What is Marketing?What is Marketing?
What is Marketing?
Kenton Larsen
 
Chapter 6
Chapter 6Chapter 6

What's hot (17)

Post Purchase Consumer Behaviour
Post Purchase Consumer BehaviourPost Purchase Consumer Behaviour
Post Purchase Consumer Behaviour
 
impulse buying behaviour
impulse buying behaviourimpulse buying behaviour
impulse buying behaviour
 
Buying process ,Type of Buyers and Buying Signals
Buying process ,Type of Buyers  and Buying SignalsBuying process ,Type of Buyers  and Buying Signals
Buying process ,Type of Buyers and Buying Signals
 
V47 Ch6 Consumerbehavior Ed Basa
V47 Ch6 Consumerbehavior Ed BasaV47 Ch6 Consumerbehavior Ed Basa
V47 Ch6 Consumerbehavior Ed Basa
 
Chapter5_4
Chapter5_4Chapter5_4
Chapter5_4
 
7 Buying Signals You Need to Know
7 Buying Signals You Need to Know7 Buying Signals You Need to Know
7 Buying Signals You Need to Know
 
Survey session 1
Survey session 1Survey session 1
Survey session 1
 
Consumer behavior
Consumer behavior Consumer behavior
Consumer behavior
 
Adidas Basketball 1
Adidas Basketball 1Adidas Basketball 1
Adidas Basketball 1
 
Post purchase behaviour- Buying and Disposing
Post purchase behaviour- Buying and DisposingPost purchase behaviour- Buying and Disposing
Post purchase behaviour- Buying and Disposing
 
Consumer behaviour
Consumer behaviourConsumer behaviour
Consumer behaviour
 
Understanding and targeting the marketplace
Understanding and targeting the marketplaceUnderstanding and targeting the marketplace
Understanding and targeting the marketplace
 
A New Definition for “Moment of Truth”: How mobile and social media are chang...
A New Definition for “Moment of Truth”: How mobile and social media are chang...A New Definition for “Moment of Truth”: How mobile and social media are chang...
A New Definition for “Moment of Truth”: How mobile and social media are chang...
 
Consumer Behaviour
Consumer BehaviourConsumer Behaviour
Consumer Behaviour
 
Types of buying decision behaviors and buyer decision process
Types of buying decision behaviors and buyer decision processTypes of buying decision behaviors and buyer decision process
Types of buying decision behaviors and buyer decision process
 
What is Marketing?
What is Marketing?What is Marketing?
What is Marketing?
 
Chapter 6
Chapter 6Chapter 6
Chapter 6
 

Similar to Consumer Behavior

Assignment needs to make sure it relates to this week’s readings a.docx
Assignment needs to make sure it relates to this week’s readings a.docxAssignment needs to make sure it relates to this week’s readings a.docx
Assignment needs to make sure it relates to this week’s readings a.docx
rock73
 
Chapter 1 Introduction to Consumer Behaviour
Chapter 1 Introduction to Consumer BehaviourChapter 1 Introduction to Consumer Behaviour
Chapter 1 Introduction to Consumer Behaviour
RaviNagarathanam3
 
Marketing-Consumer behavior
Marketing-Consumer behaviorMarketing-Consumer behavior
Marketing-Consumer behavior
SamanthaSwartz9
 
Chapter 5 principles of marketing
Chapter 5   principles of marketingChapter 5   principles of marketing
Chapter 5 principles of marketing
Antonio F. Balatar Jr.
 
Consumer behavior mackenzie vorhees
Consumer behavior   mackenzie vorheesConsumer behavior   mackenzie vorhees
Consumer behavior mackenzie vorhees
MackenzieVorhees
 
understanding the buyer before selling.pptx
understanding the buyer before selling.pptxunderstanding the buyer before selling.pptx
understanding the buyer before selling.pptx
Guhan S
 
The Consumer Decision-making Process
The Consumer Decision-making ProcessThe Consumer Decision-making Process
The Consumer Decision-making Process
Shadley Wagner
 
L4 cons beh - 19-01-10
L4 cons beh - 19-01-10L4 cons beh - 19-01-10
L4 cons beh - 19-01-10
Kinshook Chaturvedi
 
Consumer Online Shopping Behavior Stats - EBriks Infotech
Consumer Online Shopping Behavior Stats - EBriks InfotechConsumer Online Shopping Behavior Stats - EBriks Infotech
Consumer Online Shopping Behavior Stats - EBriks Infotech
EBriks Infotech Pvt. Ltd.
 
Consumer Online Shopping Behavior Stats - EBriks Infotech
Consumer Online Shopping Behavior Stats - EBriks InfotechConsumer Online Shopping Behavior Stats - EBriks Infotech
Consumer Online Shopping Behavior Stats - EBriks Infotech
EBriks Infotech Pvt. Ltd.
 
Consumer Behavior
Consumer Behavior Consumer Behavior
Consumer Behavior
LindseyBest2
 
Marketing Managemenent MBA jjwjjwjjjwjjww
Marketing Managemenent MBA jjwjjwjjjwjjwwMarketing Managemenent MBA jjwjjwjjjwjjww
Marketing Managemenent MBA jjwjjwjjjwjjww
RiteshMishra3021
 
47 consumerbehavior
47 consumerbehavior47 consumerbehavior
47 consumerbehavior
abhibaban
 
Free Ebooks Download ! Edhole
Free Ebooks Download ! EdholeFree Ebooks Download ! Edhole
Free Ebooks Download ! Edhole
Edhole.com
 
Consumerbehavior
ConsumerbehaviorConsumerbehavior
Consumerbehavior
praveelavanyavidhu
 
Consumerbehavior
ConsumerbehaviorConsumerbehavior
Consumerbehavior
praveevidhu
 
Buying Decision Making Process
Buying Decision Making ProcessBuying Decision Making Process
Buying Decision Making Process
Nagendra Babu
 
Unit 4 consumer_buying_behaviour
Unit 4 consumer_buying_behaviourUnit 4 consumer_buying_behaviour
Unit 4 consumer_buying_behaviour
Ashish Awasthi
 
Buying decision process in rural marketing
Buying decision process in rural marketingBuying decision process in rural marketing
Buying decision process in rural marketing
kanikaguptauicet
 
CONSUMER BEHAVIOR
CONSUMER BEHAVIORCONSUMER BEHAVIOR
CONSUMER BEHAVIOR
Nadeem Siddiqui
 

Similar to Consumer Behavior (20)

Assignment needs to make sure it relates to this week’s readings a.docx
Assignment needs to make sure it relates to this week’s readings a.docxAssignment needs to make sure it relates to this week’s readings a.docx
Assignment needs to make sure it relates to this week’s readings a.docx
 
Chapter 1 Introduction to Consumer Behaviour
Chapter 1 Introduction to Consumer BehaviourChapter 1 Introduction to Consumer Behaviour
Chapter 1 Introduction to Consumer Behaviour
 
Marketing-Consumer behavior
Marketing-Consumer behaviorMarketing-Consumer behavior
Marketing-Consumer behavior
 
Chapter 5 principles of marketing
Chapter 5   principles of marketingChapter 5   principles of marketing
Chapter 5 principles of marketing
 
Consumer behavior mackenzie vorhees
Consumer behavior   mackenzie vorheesConsumer behavior   mackenzie vorhees
Consumer behavior mackenzie vorhees
 
understanding the buyer before selling.pptx
understanding the buyer before selling.pptxunderstanding the buyer before selling.pptx
understanding the buyer before selling.pptx
 
The Consumer Decision-making Process
The Consumer Decision-making ProcessThe Consumer Decision-making Process
The Consumer Decision-making Process
 
L4 cons beh - 19-01-10
L4 cons beh - 19-01-10L4 cons beh - 19-01-10
L4 cons beh - 19-01-10
 
Consumer Online Shopping Behavior Stats - EBriks Infotech
Consumer Online Shopping Behavior Stats - EBriks InfotechConsumer Online Shopping Behavior Stats - EBriks Infotech
Consumer Online Shopping Behavior Stats - EBriks Infotech
 
Consumer Online Shopping Behavior Stats - EBriks Infotech
Consumer Online Shopping Behavior Stats - EBriks InfotechConsumer Online Shopping Behavior Stats - EBriks Infotech
Consumer Online Shopping Behavior Stats - EBriks Infotech
 
Consumer Behavior
Consumer Behavior Consumer Behavior
Consumer Behavior
 
Marketing Managemenent MBA jjwjjwjjjwjjww
Marketing Managemenent MBA jjwjjwjjjwjjwwMarketing Managemenent MBA jjwjjwjjjwjjww
Marketing Managemenent MBA jjwjjwjjjwjjww
 
47 consumerbehavior
47 consumerbehavior47 consumerbehavior
47 consumerbehavior
 
Free Ebooks Download ! Edhole
Free Ebooks Download ! EdholeFree Ebooks Download ! Edhole
Free Ebooks Download ! Edhole
 
Consumerbehavior
ConsumerbehaviorConsumerbehavior
Consumerbehavior
 
Consumerbehavior
ConsumerbehaviorConsumerbehavior
Consumerbehavior
 
Buying Decision Making Process
Buying Decision Making ProcessBuying Decision Making Process
Buying Decision Making Process
 
Unit 4 consumer_buying_behaviour
Unit 4 consumer_buying_behaviourUnit 4 consumer_buying_behaviour
Unit 4 consumer_buying_behaviour
 
Buying decision process in rural marketing
Buying decision process in rural marketingBuying decision process in rural marketing
Buying decision process in rural marketing
 
CONSUMER BEHAVIOR
CONSUMER BEHAVIORCONSUMER BEHAVIOR
CONSUMER BEHAVIOR
 

Recently uploaded

Assignment 2 Task 1: Digital Marketing Course
Assignment 2 Task 1: Digital Marketing CourseAssignment 2 Task 1: Digital Marketing Course
Assignment 2 Task 1: Digital Marketing Course
klaudiadgmkt
 
PickUp_conversational AI_Capex, Inc._20240610
PickUp_conversational AI_Capex, Inc._20240610PickUp_conversational AI_Capex, Inc._20240610
PickUp_conversational AI_Capex, Inc._20240610
Shuntaro Kogame
 
Pillar-Based Marketing - Ryan Brock, DemandJump
Pillar-Based Marketing - Ryan Brock, DemandJumpPillar-Based Marketing - Ryan Brock, DemandJump
WTS-Berlin-2024-Veronika-Höller-Innovate-NextGEN-SEO-Merging-AI-Multimedia-an...
WTS-Berlin-2024-Veronika-Höller-Innovate-NextGEN-SEO-Merging-AI-Multimedia-an...WTS-Berlin-2024-Veronika-Höller-Innovate-NextGEN-SEO-Merging-AI-Multimedia-an...
WTS-Berlin-2024-Veronika-Höller-Innovate-NextGEN-SEO-Merging-AI-Multimedia-an...
Veronika Höller
 
AI Driven Emotional Recognition in Digital Ads - Tarun Gupta
AI Driven Emotional Recognition in Digital Ads - Tarun GuptaAI Driven Emotional Recognition in Digital Ads - Tarun Gupta
AI Driven Emotional Recognition in Digital Ads - Tarun Gupta
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
How to Kickstart Content Marketing With A Small Team - Dennis Shiao
How to Kickstart Content Marketing With A Small Team - Dennis ShiaoHow to Kickstart Content Marketing With A Small Team - Dennis Shiao
How to Kickstart Content Marketing With A Small Team - Dennis Shiao
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Story Telling Master Class - Jennifer Morilla
Story Telling Master Class - Jennifer MorillaStory Telling Master Class - Jennifer Morilla
janani Digital Marketer|Digital Marketing consultant|Marketing Promotion|Coim...
janani Digital Marketer|Digital Marketing consultant|Marketing Promotion|Coim...janani Digital Marketer|Digital Marketing consultant|Marketing Promotion|Coim...
janani Digital Marketer|Digital Marketing consultant|Marketing Promotion|Coim...
janudm24
 
Breaking Silos To Break Bank: Shattering The Divide Between Search And Social
Breaking Silos To Break Bank: Shattering The Divide Between Search And SocialBreaking Silos To Break Bank: Shattering The Divide Between Search And Social
Breaking Silos To Break Bank: Shattering The Divide Between Search And Social
Navah Hopkins
 
Luxury Hanloom Saree Brand ,Capstone Project_Kiran Bansal.pdf
Luxury Hanloom Saree Brand ,Capstone Project_Kiran Bansal.pdfLuxury Hanloom Saree Brand ,Capstone Project_Kiran Bansal.pdf
Luxury Hanloom Saree Brand ,Capstone Project_Kiran Bansal.pdf
KiranRai75
 
From Hope to Despair The Top 10 Reasons Businesses Ditch SEO Tactics.pptx
From Hope to Despair The Top 10 Reasons Businesses Ditch SEO Tactics.pptxFrom Hope to Despair The Top 10 Reasons Businesses Ditch SEO Tactics.pptx
From Hope to Despair The Top 10 Reasons Businesses Ditch SEO Tactics.pptx
Boston SEO Services
 
Pillar-Based Marketing Master Class - Ryan Brock
Pillar-Based Marketing Master Class - Ryan BrockPillar-Based Marketing Master Class - Ryan Brock
Etsy Marketing Guide - Tips For Selling Digital Products
Etsy Marketing Guide - Tips For Selling Digital ProductsEtsy Marketing Guide - Tips For Selling Digital Products
Etsy Marketing Guide - Tips For Selling Digital Products
kcblog21
 
Growth Marketing in 2024 - Randy Rayess, Outgrow
Growth Marketing in 2024 - Randy Rayess,  OutgrowGrowth Marketing in 2024 - Randy Rayess,  Outgrow
No Cookies, No Problem - Steve Krull, Be Found Online
No Cookies, No Problem - Steve Krull, Be Found OnlineNo Cookies, No Problem - Steve Krull, Be Found Online
No Cookies, No Problem - Steve Krull, Be Found Online
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
SEO in the AI Era - Trust, Quality and Content Discovery - Andy Crestodina
SEO in the AI Era - Trust, Quality and Content Discovery - Andy CrestodinaSEO in the AI Era - Trust, Quality and Content Discovery - Andy Crestodina
SEO in the AI Era - Trust, Quality and Content Discovery - Andy Crestodina
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
How to Use a Free Book Funnel to Drive Highly Qualified Buyers Into Your Busi...
How to Use a Free Book Funnel to Drive Highly Qualified Buyers Into Your Busi...How to Use a Free Book Funnel to Drive Highly Qualified Buyers Into Your Busi...
How to Use a Free Book Funnel to Drive Highly Qualified Buyers Into Your Busi...
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Boost Your Instagram Views Instantly Proven Free Strategies.
Boost Your Instagram Views Instantly Proven Free Strategies.Boost Your Instagram Views Instantly Proven Free Strategies.
Boost Your Instagram Views Instantly Proven Free Strategies.
InstBlast Marketing
 
Mastering Your Online Visibility - Fernando Angulo
Mastering Your Online Visibility - Fernando AnguloMastering Your Online Visibility - Fernando Angulo

Recently uploaded (20)

Assignment 2 Task 1: Digital Marketing Course
Assignment 2 Task 1: Digital Marketing CourseAssignment 2 Task 1: Digital Marketing Course
Assignment 2 Task 1: Digital Marketing Course
 
PickUp_conversational AI_Capex, Inc._20240610
PickUp_conversational AI_Capex, Inc._20240610PickUp_conversational AI_Capex, Inc._20240610
PickUp_conversational AI_Capex, Inc._20240610
 
Pillar-Based Marketing - Ryan Brock, DemandJump
Pillar-Based Marketing - Ryan Brock, DemandJumpPillar-Based Marketing - Ryan Brock, DemandJump
Pillar-Based Marketing - Ryan Brock, DemandJump
 
WTS-Berlin-2024-Veronika-Höller-Innovate-NextGEN-SEO-Merging-AI-Multimedia-an...
WTS-Berlin-2024-Veronika-Höller-Innovate-NextGEN-SEO-Merging-AI-Multimedia-an...WTS-Berlin-2024-Veronika-Höller-Innovate-NextGEN-SEO-Merging-AI-Multimedia-an...
WTS-Berlin-2024-Veronika-Höller-Innovate-NextGEN-SEO-Merging-AI-Multimedia-an...
 
AI Driven Emotional Recognition in Digital Ads - Tarun Gupta
AI Driven Emotional Recognition in Digital Ads - Tarun GuptaAI Driven Emotional Recognition in Digital Ads - Tarun Gupta
AI Driven Emotional Recognition in Digital Ads - Tarun Gupta
 
How to Kickstart Content Marketing With A Small Team - Dennis Shiao
How to Kickstart Content Marketing With A Small Team - Dennis ShiaoHow to Kickstart Content Marketing With A Small Team - Dennis Shiao
How to Kickstart Content Marketing With A Small Team - Dennis Shiao
 
Story Telling Master Class - Jennifer Morilla
Story Telling Master Class - Jennifer MorillaStory Telling Master Class - Jennifer Morilla
Story Telling Master Class - Jennifer Morilla
 
janani Digital Marketer|Digital Marketing consultant|Marketing Promotion|Coim...
janani Digital Marketer|Digital Marketing consultant|Marketing Promotion|Coim...janani Digital Marketer|Digital Marketing consultant|Marketing Promotion|Coim...
janani Digital Marketer|Digital Marketing consultant|Marketing Promotion|Coim...
 
Breaking Silos To Break Bank: Shattering The Divide Between Search And Social
Breaking Silos To Break Bank: Shattering The Divide Between Search And SocialBreaking Silos To Break Bank: Shattering The Divide Between Search And Social
Breaking Silos To Break Bank: Shattering The Divide Between Search And Social
 
Luxury Hanloom Saree Brand ,Capstone Project_Kiran Bansal.pdf
Luxury Hanloom Saree Brand ,Capstone Project_Kiran Bansal.pdfLuxury Hanloom Saree Brand ,Capstone Project_Kiran Bansal.pdf
Luxury Hanloom Saree Brand ,Capstone Project_Kiran Bansal.pdf
 
From Hope to Despair The Top 10 Reasons Businesses Ditch SEO Tactics.pptx
From Hope to Despair The Top 10 Reasons Businesses Ditch SEO Tactics.pptxFrom Hope to Despair The Top 10 Reasons Businesses Ditch SEO Tactics.pptx
From Hope to Despair The Top 10 Reasons Businesses Ditch SEO Tactics.pptx
 
Pillar-Based Marketing Master Class - Ryan Brock
Pillar-Based Marketing Master Class - Ryan BrockPillar-Based Marketing Master Class - Ryan Brock
Pillar-Based Marketing Master Class - Ryan Brock
 
Etsy Marketing Guide - Tips For Selling Digital Products
Etsy Marketing Guide - Tips For Selling Digital ProductsEtsy Marketing Guide - Tips For Selling Digital Products
Etsy Marketing Guide - Tips For Selling Digital Products
 
Growth Marketing in 2024 - Randy Rayess, Outgrow
Growth Marketing in 2024 - Randy Rayess,  OutgrowGrowth Marketing in 2024 - Randy Rayess,  Outgrow
Growth Marketing in 2024 - Randy Rayess, Outgrow
 
No Cookies, No Problem - Steve Krull, Be Found Online
No Cookies, No Problem - Steve Krull, Be Found OnlineNo Cookies, No Problem - Steve Krull, Be Found Online
No Cookies, No Problem - Steve Krull, Be Found Online
 
SEO in the AI Era - Trust, Quality and Content Discovery - Andy Crestodina
SEO in the AI Era - Trust, Quality and Content Discovery - Andy CrestodinaSEO in the AI Era - Trust, Quality and Content Discovery - Andy Crestodina
SEO in the AI Era - Trust, Quality and Content Discovery - Andy Crestodina
 
Amazing and On Point - Ramon Ray, USA TODAY
Amazing and On Point - Ramon Ray, USA TODAYAmazing and On Point - Ramon Ray, USA TODAY
Amazing and On Point - Ramon Ray, USA TODAY
 
How to Use a Free Book Funnel to Drive Highly Qualified Buyers Into Your Busi...
How to Use a Free Book Funnel to Drive Highly Qualified Buyers Into Your Busi...How to Use a Free Book Funnel to Drive Highly Qualified Buyers Into Your Busi...
How to Use a Free Book Funnel to Drive Highly Qualified Buyers Into Your Busi...
 
Boost Your Instagram Views Instantly Proven Free Strategies.
Boost Your Instagram Views Instantly Proven Free Strategies.Boost Your Instagram Views Instantly Proven Free Strategies.
Boost Your Instagram Views Instantly Proven Free Strategies.
 
Mastering Your Online Visibility - Fernando Angulo
Mastering Your Online Visibility - Fernando AnguloMastering Your Online Visibility - Fernando Angulo
Mastering Your Online Visibility - Fernando Angulo
 

Consumer Behavior

  • 1.
  • 2. The process that consumers go through when buying products and services Before, during and after making purchases
  • 3. Consumer Decision Process Steps Need RecognitionDo you have a unsatified need ? Do you desire to change it ? And how soon ? Information Search Where would you go to fufil this need? What options do you have ? Internal or External search Alternative EvaluationWhy did you pick this place or person ? Do you have to be loyal to the same place or person ? Purchase&Consumpti onYou’re ready to buy item? Was this really the item or service you wanted ? Post PurchaseWas this consumer satisfied ? Will they repeat the purchase ? 3
  • 4. NEEDRECOGNITION The consumer recognize that the have a need and they must decide if they would like to fulfill this now or is this something that can wait. So you decide is this a need or want. Example you need to eat and drink. Your body will let you know if you're thirsty or hungry Now! you have your WANTS Yes! You can eat a nice salad, or you may want to eat a brownie with ice cream. Sometimes your wants can seem like a need Functional Needs would be like a car , motorbike or bus. They all do the same as of transportation to get you to where you need to be. Not every consumer needs the same power or has the same time limit. Psychological Needs is your personal gratification. Example: Shoes you can purchase at Walmart if you just need shoes and it doesn’t matter to you just long as it is protecting your feet. Some people might prefer to wear Nike and Puma. Most celebrities high end shoes because of the satisfy their need even though shoes may do the same. 4
  • 5. External/Internal Internal Search would be your own knowledge or memory of a product or service.This is if you choose to go to your favorite restaurant and order that particular cravern that you like. External Search where the consumer would seek out information from family, friends or salesperson. You could feel like you need more knowledge than just your own experience. Control Internal Locus of Control are people that believe that they have control of the outcome of their actions. They will do more research. External Locus of Control are people believe in fate and don’t do a lot of research. They don’t plan as much and go with the flow Actual or Perceived 5 Risk1. Performance perceived danger or poorly performing product 2. Financial the initial cost of the purchase 3. Social this is when the consumersfears others might not look at the purchase positive 4.Phychological the risk of buying a product and it does not perform expected 5. Psychological this is when people feel product or service does not have the right image INFORMATIONSEARCH 5
  • 6. EVALUATIONOF ALTERNATIVES Attributes Sets Universal Sets would be all possible choices the comsumer can consider But the consumer can't recall all, so they rely on Retrieval Sets that goes off memory of that brand Evoked Set is when another brand or store can change the consumer purchase decison Evaluative Criteria is whats important and a particular product Determinant whats important and desirable Consumer RulesCompensatory Rule Consumer can tradeoff something could be more exspensove but the product has everything that person needs Multi Attribute model where you can use this model to score to determine which is important Choice of Architecture Represents an effort to influence consumers through design Another choice is Default which deals with no action by imposing a choice on a person who fails to decide Personal information you can agree to Opt in or Opt out 6
  • 7. POST PURCHASE The final step in consumer decision purchase • Marketers can get a lot of detail information and will be able to see if the customer was satisfied , spread positive word or make another purchase. The customer will have 3 post purchase outcomes Customer satisfaction, Postpurchase cognitive, Customer loyalty • Customer Satisfaction is setting high expectations for consumers and setting the low is poor strategy. Encourage feedback and stand behind your product • Cognitive Dissonance is when you question the purschase after the customer decision has been made • Customer Loyalty is where marketers wants to develop a relationship so that way, they only buy that brand or their store • Undesirable Consumer Behavior is a firm's worst nightmare, even though the goal is having everyone satisfied that’s not the case. Consumers can have negative word of mouth and with technology a review can be shared and instantly to other viewers in minutes 7
  • 8. Psychological Factors Motives , Attitdues Perceptions, Learning and memory and lifestyle Social Factors Family, Reference Groups and Culture Marketing Mix Product, Price, Place and Promotion Situational Factors Purchase Situation, Sensory Situation, Temporal State Factors Affecting The Consumer Decision Process 8
  • 9. Psychological Factors 9 Motives Attitude It influences your decisions and actions Its your own personal evaluation about almost everything Learning & memoryOrganize and interpret information and form a meaningful picture of the world Perception A customer change in thought process Memories influence the decision making Lifestyle How customers spend their time and money Certain brands may support your lifestyle A need or want that drives a person to seek satisfaction
  • 10. SOCIAL FACTORS External Social Environment Family When it comes to purchasing products or services people gravitate towards if the entire family can use. Affect Buying Decisions Reference Group Influences Cultur e Share meanings,beliefs,morals, values 10 One or more individual that use comparisons base off beliefs, feeling and behaviors
  • 11. SITUATIONAL FACTORS MARKETING MIX Purchase Situation • These factors can influence and override your social and psychological issues • Depending on the customers situations what you may buy for yourself you might not buy for others Sensory Situation and Temporal State • When a customers enters a store five senses can strongly change a person decision. Which is Visual, Auditory, Olfactor(Smell),Tactile(Touch) and Taste • Temporal State A person state of mind can determine the buying situation some people can be different during the day and another at night Product, Price, Place and Promotion Month, Years • Product whats the brand? Name,What would it look like ? • Price Whats the value? Who could afford this item? Will you offer discounts ? • Place Who are your competiers? Where are customers the most ? • Promotion Tv, Radio, Online and whats the best way for your company ? 11
  • 12. Consumer Behavior Consumer behavior is very broad. Marketers can predict as much as they can to help them to see potential future, but nothing is for sure. I do feel like with online surveys and reviews you're more connected with the consumer and you have an opportunity to correct any mistakes to be better.