SlideShare a Scribd company logo
CONSUMER BUYING
DECISION PROCESS
CONTENTS
1. MEANING OF BUYING DECISION PROCESS
2. STAGES OF CONUMER BUYING DECISION
PROCESS
MEANING
A Buying decision process is the process a customer goes
through when buying a product. It can be seen as a particular
from of a cost-benefit analysis.
A buying process is the series of steps that a consumer will take
to make a purchasing decision.
STAGES OF CONSUMER BUYING
DECISION PROCESS
The five stages framework
remains a good way to evaluate
the customer’s buying process.
1. NEED RECOGNITION
A purchase cannot take place without the recognition of the need. The
need may have been triggered by internal stimuli such as hunger or
thirst or external stimuli such advertising.
According to Maslow’s hierarchy, only a when a person has fulfilled the
needs at a certain stage, can he or she move to the next stage.
2. INFORMATION SEARCH
This is the buyer’s effort at searching the internal and external
business environments to identify and observe sources of information
related to the focal buying decision.
Internal search refers to recalling past experiences with the product.
External search is conducted when customer tries to seek information
from personal sources (family, friends), commercial sources (
advertisements, sales people) or public sources ( newspapers,
television).
3. EVALUATION OF ALTERNATIVES
At this stage, consumers evaluate different products/brands on the
basis of varying product attributes, and whether these can deliver the
benefits that the customers are seeking.
A factor that heavily influences this stage is the customer’s attitude.
Involvement is another factor that influences the evaluation process.
4. PURCHASE DECISION
In this stage, the Purchase takes place. The final purchase decision
can be disrupted by two factors:
 Negative feedback from other customers and the level of motivation
to comply or accept the feedback.
 The decision may be disrupted due to anticipated situations.
5. POST-PURCHASE BEHAVIOUR
At this stage, customers will compare products with their previous
expectations and will be either satisfied or dissatisfied.
This can greatly effect the decision process for similar purchases from
the same company in the future, having a knock-on effect at the
information search stage and evaluation of alternatives stage.
Consumer buying decision process

More Related Content

What's hot

Unit 1 INTRODUCTION TO CONSUMER BEHAVIOUR
Unit 1 INTRODUCTION TO CONSUMER BEHAVIOURUnit 1 INTRODUCTION TO CONSUMER BEHAVIOUR
Unit 1 INTRODUCTION TO CONSUMER BEHAVIOUR
MAHUA MUKHERJEE
 
Marketing concepts
Marketing conceptsMarketing concepts
Marketing conceptsRobin Gulati
 
Marketing Environment
Marketing EnvironmentMarketing Environment
Marketing Environment
Gayatri Iyer
 
important Organizational buying behavior
 important Organizational buying behavior  important Organizational buying behavior
important Organizational buying behavior
aarati jadhav
 
Personality in consumer behavior
Personality in consumer behaviorPersonality in consumer behavior
Personality in consumer behavior
Vijayalaxmi Jena
 
Consumer Involvement 1
Consumer Involvement 1Consumer Involvement 1
Consumer Involvement 1Aditya008
 
Dynamics of perception
Dynamics of perceptionDynamics of perception
Dynamics of perceptionSandesh Bhat
 
Consumer behaviour
Consumer behaviourConsumer behaviour
Consumer behaviour
kawther Ali
 
Consumer behavior and factors influencing consumer behavior
Consumer behavior and factors influencing consumer behaviorConsumer behavior and factors influencing consumer behavior
Consumer behavior and factors influencing consumer behavior
Wish Mrt'xa
 
Consumer Behaviour.ppt
Consumer Behaviour.pptConsumer Behaviour.ppt
Consumer Behaviour.ppt
ssuser89412d1
 
Introduction to consumer behavior
Introduction to consumer behaviorIntroduction to consumer behavior
Introduction to consumer behavior
Puspanjali Bhandari
 
Market Segmentation PPT
Market Segmentation PPTMarket Segmentation PPT
Market Segmentation PPT
Dr. Durgaprasad Navulla
 
CONSUMER BEHAVIOUR INDUSTRIAL BUYING BEHAVIOUR
CONSUMER BEHAVIOUR INDUSTRIAL BUYING BEHAVIOURCONSUMER BEHAVIOUR INDUSTRIAL BUYING BEHAVIOUR
CONSUMER BEHAVIOUR INDUSTRIAL BUYING BEHAVIOUR
Ashish Hande
 
NATURE AND SCOPE OF MARKETING
NATURE AND SCOPE OF MARKETINGNATURE AND SCOPE OF MARKETING
NATURE AND SCOPE OF MARKETING
Saumya Kumar
 
STP: segmentation, targeting and positioning
STP: segmentation, targeting and positioningSTP: segmentation, targeting and positioning
STP: segmentation, targeting and positioning
savi maha
 
Factors influencing consumer behavior
Factors influencing consumer behaviorFactors influencing consumer behavior
Factors influencing consumer behavior
Ram Doss
 
Types of buying decision behavior
Types of buying decision behaviorTypes of buying decision behavior
Types of buying decision behavior
Sujan Oli
 
Consumer Behaviour-Attitude
Consumer Behaviour-AttitudeConsumer Behaviour-Attitude
Consumer Behaviour-Attitudeprincesstong
 
Product mix
Product mixProduct mix
Product mix
ANUJ YADAV
 

What's hot (20)

Unit 1 INTRODUCTION TO CONSUMER BEHAVIOUR
Unit 1 INTRODUCTION TO CONSUMER BEHAVIOURUnit 1 INTRODUCTION TO CONSUMER BEHAVIOUR
Unit 1 INTRODUCTION TO CONSUMER BEHAVIOUR
 
Marketing concepts
Marketing conceptsMarketing concepts
Marketing concepts
 
Marketing Environment
Marketing EnvironmentMarketing Environment
Marketing Environment
 
important Organizational buying behavior
 important Organizational buying behavior  important Organizational buying behavior
important Organizational buying behavior
 
Personality in consumer behavior
Personality in consumer behaviorPersonality in consumer behavior
Personality in consumer behavior
 
Consumer Involvement 1
Consumer Involvement 1Consumer Involvement 1
Consumer Involvement 1
 
Dynamics of perception
Dynamics of perceptionDynamics of perception
Dynamics of perception
 
Consumer behaviour
Consumer behaviourConsumer behaviour
Consumer behaviour
 
Consumer behavior and factors influencing consumer behavior
Consumer behavior and factors influencing consumer behaviorConsumer behavior and factors influencing consumer behavior
Consumer behavior and factors influencing consumer behavior
 
Consumer Behaviour.ppt
Consumer Behaviour.pptConsumer Behaviour.ppt
Consumer Behaviour.ppt
 
Introduction to consumer behavior
Introduction to consumer behaviorIntroduction to consumer behavior
Introduction to consumer behavior
 
Market Segmentation PPT
Market Segmentation PPTMarket Segmentation PPT
Market Segmentation PPT
 
CONSUMER BEHAVIOUR INDUSTRIAL BUYING BEHAVIOUR
CONSUMER BEHAVIOUR INDUSTRIAL BUYING BEHAVIOURCONSUMER BEHAVIOUR INDUSTRIAL BUYING BEHAVIOUR
CONSUMER BEHAVIOUR INDUSTRIAL BUYING BEHAVIOUR
 
NATURE AND SCOPE OF MARKETING
NATURE AND SCOPE OF MARKETINGNATURE AND SCOPE OF MARKETING
NATURE AND SCOPE OF MARKETING
 
STP: segmentation, targeting and positioning
STP: segmentation, targeting and positioningSTP: segmentation, targeting and positioning
STP: segmentation, targeting and positioning
 
Buyer Behaviour
Buyer BehaviourBuyer Behaviour
Buyer Behaviour
 
Factors influencing consumer behavior
Factors influencing consumer behaviorFactors influencing consumer behavior
Factors influencing consumer behavior
 
Types of buying decision behavior
Types of buying decision behaviorTypes of buying decision behavior
Types of buying decision behavior
 
Consumer Behaviour-Attitude
Consumer Behaviour-AttitudeConsumer Behaviour-Attitude
Consumer Behaviour-Attitude
 
Product mix
Product mixProduct mix
Product mix
 

Viewers also liked

Ch5: Organising and Staffing the Salesforce
Ch5: Organising and Staffing the SalesforceCh5: Organising and Staffing the Salesforce
Ch5: Organising and Staffing the Salesforceitsvineeth209
 
Salesforce administrator training presentation slides
Salesforce administrator training presentation slides Salesforce administrator training presentation slides
Salesforce administrator training presentation slides
Salesforce Associates
 
Sales force management
Sales force managementSales force management
Sales force management
Pravesh Shah
 
Sales training
Sales trainingSales training
Sales trainingsenbisy
 
Factors Influence Customer's Buying Behaviour
Factors Influence Customer's Buying BehaviourFactors Influence Customer's Buying Behaviour
Factors Influence Customer's Buying Behaviour
Mavlono Uz
 
INTRODUCTION TO MARKETING MANAGEMENT
INTRODUCTION TO MARKETING MANAGEMENTINTRODUCTION TO MARKETING MANAGEMENT
INTRODUCTION TO MARKETING MANAGEMENT
Dr. Durgaprasad Navulla
 
Buying Decision Making Process
Buying Decision Making ProcessBuying Decision Making Process
Buying Decision Making Process
Nagendra Babu
 
Introduction to marketing management
Introduction to marketing managementIntroduction to marketing management
Introduction to marketing management
Manish Parihar
 
Sales Force Training and Development
Sales Force Training and DevelopmentSales Force Training and Development
Sales Force Training and Development
toddzaugg
 
Consumer buying decision process
Consumer buying decision processConsumer buying decision process
Consumer buying decision process
Guruprasad Upadhya
 
Buyer behaviour
Buyer behaviourBuyer behaviour
Buyer behaviourosmawati
 
Factors affecting buying behaviour
Factors affecting buying behaviourFactors affecting buying behaviour
Factors affecting buying behaviourSwapnil Mali
 
Sales force ppt
Sales force pptSales force ppt
Sales force ppt
Kushal Singal
 
Process of personal selling
Process of personal sellingProcess of personal selling
Selling Theories.
Selling Theories.Selling Theories.
Selling Theories.Rohit Patel
 
PPT on Personal selling
PPT on Personal sellingPPT on Personal selling
PPT on Personal selling
Prateek Mishra
 
Consumer Behaviour
Consumer BehaviourConsumer Behaviour
Consumer Behaviour
Dr. Pratiksha Patil
 
Consumer Decision Making
Consumer Decision MakingConsumer Decision Making
Consumer Decision Making
ajithsrc
 

Viewers also liked (20)

Ch5: Organising and Staffing the Salesforce
Ch5: Organising and Staffing the SalesforceCh5: Organising and Staffing the Salesforce
Ch5: Organising and Staffing the Salesforce
 
Salesforce administrator training presentation slides
Salesforce administrator training presentation slides Salesforce administrator training presentation slides
Salesforce administrator training presentation slides
 
Sales force management
Sales force managementSales force management
Sales force management
 
Sales training
Sales trainingSales training
Sales training
 
Factors Influence Customer's Buying Behaviour
Factors Influence Customer's Buying BehaviourFactors Influence Customer's Buying Behaviour
Factors Influence Customer's Buying Behaviour
 
INTRODUCTION TO MARKETING MANAGEMENT
INTRODUCTION TO MARKETING MANAGEMENTINTRODUCTION TO MARKETING MANAGEMENT
INTRODUCTION TO MARKETING MANAGEMENT
 
Buying Decision Making Process
Buying Decision Making ProcessBuying Decision Making Process
Buying Decision Making Process
 
Introduction to marketing management
Introduction to marketing managementIntroduction to marketing management
Introduction to marketing management
 
Us Staffing
Us StaffingUs Staffing
Us Staffing
 
Sales Force Training and Development
Sales Force Training and DevelopmentSales Force Training and Development
Sales Force Training and Development
 
Consumer buying decision process
Consumer buying decision processConsumer buying decision process
Consumer buying decision process
 
Buyer behaviour
Buyer behaviourBuyer behaviour
Buyer behaviour
 
Factors affecting buying behaviour
Factors affecting buying behaviourFactors affecting buying behaviour
Factors affecting buying behaviour
 
Sales force ppt
Sales force pptSales force ppt
Sales force ppt
 
Process of personal selling
Process of personal sellingProcess of personal selling
Process of personal selling
 
Selling Theories.
Selling Theories.Selling Theories.
Selling Theories.
 
Sales force management
Sales force managementSales force management
Sales force management
 
PPT on Personal selling
PPT on Personal sellingPPT on Personal selling
PPT on Personal selling
 
Consumer Behaviour
Consumer BehaviourConsumer Behaviour
Consumer Behaviour
 
Consumer Decision Making
Consumer Decision MakingConsumer Decision Making
Consumer Decision Making
 

Similar to Consumer buying decision process

Consumer decision process
Consumer decision processConsumer decision process
Consumer decision process
Pinkey Rana
 
Stages of consumer buying behaviour
Stages of consumer buying behaviourStages of consumer buying behaviour
Stages of consumer buying behaviour
Dr. Ravneet Kaur
 
CONSUMER BUYING BEHAVIOUR - INTRODUCTION TO MARKETING
CONSUMER BUYING BEHAVIOUR - INTRODUCTION TO MARKETINGCONSUMER BUYING BEHAVIOUR - INTRODUCTION TO MARKETING
CONSUMER BUYING BEHAVIOUR - INTRODUCTION TO MARKETING
AgaineSandra1
 
Consumer buying behavior & Process
Consumer buying behavior & ProcessConsumer buying behavior & Process
Consumer buying behavior & Process
Aamir Mirza
 
Chapter 1 Introduction to Consumer Behaviour
Chapter 1 Introduction to Consumer BehaviourChapter 1 Introduction to Consumer Behaviour
Chapter 1 Introduction to Consumer Behaviour
RaviNagarathanam3
 
Understanding and targeting the marketplace
Understanding and targeting the marketplaceUnderstanding and targeting the marketplace
Understanding and targeting the marketplace
TaylorRiffell
 
Marketing-Consumer behavior
Marketing-Consumer behaviorMarketing-Consumer behavior
Marketing-Consumer behavior
SamanthaSwartz9
 
Buying motives and buying process
Buying motives and buying processBuying motives and buying process
Buying motives and buying process
Dr Pooja
 
Consumer decision making
Consumer decision makingConsumer decision making
Consumer decision making
gautam7diksha
 
Group-1-Customers (1).pptx
Group-1-Customers (1).pptxGroup-1-Customers (1).pptx
Group-1-Customers (1).pptx
Christine330478
 
Lecture 3 consumer decision making
Lecture 3 consumer decision makingLecture 3 consumer decision making
Lecture 3 consumer decision makingJudith Ruga
 
Consumer Behavior
Consumer BehaviorConsumer Behavior
Consumer Behavior
TeaganShelton
 
Consumer Behavior
Consumer BehaviorConsumer Behavior
Consumer Behavior
KaraArnold8
 
Consumer behavior
Consumer behavior Consumer behavior
Consumer behavior
eyad-gh
 
Consumer Behaviour
Consumer BehaviourConsumer Behaviour
Consumer Behaviour
Nithya Ayypan
 
Buying decision process in rural marketing
Buying decision process in rural marketingBuying decision process in rural marketing
Buying decision process in rural marketingkanikaguptauicet
 
Buyer behaviour
Buyer behaviourBuyer behaviour
Buyer behaviour
Sanchita Som
 
Consumer buying behaviour new
Consumer buying behaviour newConsumer buying behaviour new
Consumer buying behaviour new
Ochom
 
Consumer Behavior
Consumer Behavior Consumer Behavior
Consumer Behavior
LindseyBest2
 

Similar to Consumer buying decision process (20)

Consumer decision process
Consumer decision processConsumer decision process
Consumer decision process
 
Stages of consumer buying behaviour
Stages of consumer buying behaviourStages of consumer buying behaviour
Stages of consumer buying behaviour
 
CONSUMER BUYING BEHAVIOUR - INTRODUCTION TO MARKETING
CONSUMER BUYING BEHAVIOUR - INTRODUCTION TO MARKETINGCONSUMER BUYING BEHAVIOUR - INTRODUCTION TO MARKETING
CONSUMER BUYING BEHAVIOUR - INTRODUCTION TO MARKETING
 
Consumer buying behavior & Process
Consumer buying behavior & ProcessConsumer buying behavior & Process
Consumer buying behavior & Process
 
Chapter 1 Introduction to Consumer Behaviour
Chapter 1 Introduction to Consumer BehaviourChapter 1 Introduction to Consumer Behaviour
Chapter 1 Introduction to Consumer Behaviour
 
Understanding and targeting the marketplace
Understanding and targeting the marketplaceUnderstanding and targeting the marketplace
Understanding and targeting the marketplace
 
Marketing-Consumer behavior
Marketing-Consumer behaviorMarketing-Consumer behavior
Marketing-Consumer behavior
 
Buying motives and buying process
Buying motives and buying processBuying motives and buying process
Buying motives and buying process
 
Consumer decision making
Consumer decision makingConsumer decision making
Consumer decision making
 
Consumer Behaviour- Sem Shaikh
Consumer Behaviour- Sem ShaikhConsumer Behaviour- Sem Shaikh
Consumer Behaviour- Sem Shaikh
 
Group-1-Customers (1).pptx
Group-1-Customers (1).pptxGroup-1-Customers (1).pptx
Group-1-Customers (1).pptx
 
Lecture 3 consumer decision making
Lecture 3 consumer decision makingLecture 3 consumer decision making
Lecture 3 consumer decision making
 
Consumer Behavior
Consumer BehaviorConsumer Behavior
Consumer Behavior
 
Consumer Behavior
Consumer BehaviorConsumer Behavior
Consumer Behavior
 
Consumer behavior
Consumer behavior Consumer behavior
Consumer behavior
 
Consumer Behaviour
Consumer BehaviourConsumer Behaviour
Consumer Behaviour
 
Buying decision process in rural marketing
Buying decision process in rural marketingBuying decision process in rural marketing
Buying decision process in rural marketing
 
Buyer behaviour
Buyer behaviourBuyer behaviour
Buyer behaviour
 
Consumer buying behaviour new
Consumer buying behaviour newConsumer buying behaviour new
Consumer buying behaviour new
 
Consumer Behavior
Consumer Behavior Consumer Behavior
Consumer Behavior
 

More from Talent Corner HR Services Pvt Ltd.

Distribution of channel
Distribution of channelDistribution of channel
Distribution of channel
Talent Corner HR Services Pvt Ltd.
 
Olap, expert system, data visualisation
Olap, expert system, data visualisationOlap, expert system, data visualisation
Olap, expert system, data visualisation
Talent Corner HR Services Pvt Ltd.
 
Monopolies and restrictive trade practices act
Monopolies and restrictive trade practices actMonopolies and restrictive trade practices act
Monopolies and restrictive trade practices act
Talent Corner HR Services Pvt Ltd.
 
What is chi square test
What  is  chi square testWhat  is  chi square test
What is chi square test
Talent Corner HR Services Pvt Ltd.
 
Field research
Field researchField research
Regional economic integration
Regional economic integrationRegional economic integration
Regional economic integration
Talent Corner HR Services Pvt Ltd.
 

More from Talent Corner HR Services Pvt Ltd. (10)

Distribution of channel
Distribution of channelDistribution of channel
Distribution of channel
 
Olap, expert system, data visualisation
Olap, expert system, data visualisationOlap, expert system, data visualisation
Olap, expert system, data visualisation
 
Industrial disputes
Industrial disputesIndustrial disputes
Industrial disputes
 
Working capital
Working capitalWorking capital
Working capital
 
Monopolies and restrictive trade practices act
Monopolies and restrictive trade practices actMonopolies and restrictive trade practices act
Monopolies and restrictive trade practices act
 
What is chi square test
What  is  chi square testWhat  is  chi square test
What is chi square test
 
Business cycle
Business cycleBusiness cycle
Business cycle
 
Discharge of contract
Discharge of contractDischarge of contract
Discharge of contract
 
Field research
Field researchField research
Field research
 
Regional economic integration
Regional economic integrationRegional economic integration
Regional economic integration
 

Recently uploaded

The-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic managementThe-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic management
Bojamma2
 
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
BBPMedia1
 
Pitch Deck Teardown: RAW Dating App's $3M Angel deck
Pitch Deck Teardown: RAW Dating App's $3M Angel deckPitch Deck Teardown: RAW Dating App's $3M Angel deck
Pitch Deck Teardown: RAW Dating App's $3M Angel deck
HajeJanKamps
 
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptx
Cynthia Clay
 
Skye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto AirportSkye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto Airport
marketingjdass
 
anas about venice for grade 6f about venice
anas about venice for grade 6f about veniceanas about venice for grade 6f about venice
anas about venice for grade 6f about venice
anasabutalha2013
 
Memorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.pptMemorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.ppt
seri bangash
 
Affordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n PrintAffordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n Print
Navpack & Print
 
Taurus Zodiac Sign_ Personality Traits and Sign Dates.pptx
Taurus Zodiac Sign_ Personality Traits and Sign Dates.pptxTaurus Zodiac Sign_ Personality Traits and Sign Dates.pptx
Taurus Zodiac Sign_ Personality Traits and Sign Dates.pptx
my Pandit
 
Enterprise Excellence is Inclusive Excellence.pdf
Enterprise Excellence is Inclusive Excellence.pdfEnterprise Excellence is Inclusive Excellence.pdf
Enterprise Excellence is Inclusive Excellence.pdf
KaiNexus
 
Filing Your Delaware Franchise Tax A Detailed Guide
Filing Your Delaware Franchise Tax A Detailed GuideFiling Your Delaware Franchise Tax A Detailed Guide
Filing Your Delaware Franchise Tax A Detailed Guide
YourLegal Accounting
 
3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx
tanyjahb
 
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBdCree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
creerey
 
Business Valuation Principles for Entrepreneurs
Business Valuation Principles for EntrepreneursBusiness Valuation Principles for Entrepreneurs
Business Valuation Principles for Entrepreneurs
Ben Wann
 
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
taqyed
 
FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134
LR1709MUSIC
 
Project File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdfProject File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdf
RajPriye
 
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptxCADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
fakeloginn69
 
Set off and carry forward of losses and assessment of individuals.pptx
Set off and carry forward of losses and assessment of individuals.pptxSet off and carry forward of losses and assessment of individuals.pptx
Set off and carry forward of losses and assessment of individuals.pptx
HARSHITHV26
 
Digital Transformation in PLM - WHAT and HOW - for distribution.pdf
Digital Transformation in PLM - WHAT and HOW - for distribution.pdfDigital Transformation in PLM - WHAT and HOW - for distribution.pdf
Digital Transformation in PLM - WHAT and HOW - for distribution.pdf
Jos Voskuil
 

Recently uploaded (20)

The-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic managementThe-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic management
 
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
 
Pitch Deck Teardown: RAW Dating App's $3M Angel deck
Pitch Deck Teardown: RAW Dating App's $3M Angel deckPitch Deck Teardown: RAW Dating App's $3M Angel deck
Pitch Deck Teardown: RAW Dating App's $3M Angel deck
 
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptx
 
Skye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto AirportSkye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto Airport
 
anas about venice for grade 6f about venice
anas about venice for grade 6f about veniceanas about venice for grade 6f about venice
anas about venice for grade 6f about venice
 
Memorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.pptMemorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.ppt
 
Affordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n PrintAffordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n Print
 
Taurus Zodiac Sign_ Personality Traits and Sign Dates.pptx
Taurus Zodiac Sign_ Personality Traits and Sign Dates.pptxTaurus Zodiac Sign_ Personality Traits and Sign Dates.pptx
Taurus Zodiac Sign_ Personality Traits and Sign Dates.pptx
 
Enterprise Excellence is Inclusive Excellence.pdf
Enterprise Excellence is Inclusive Excellence.pdfEnterprise Excellence is Inclusive Excellence.pdf
Enterprise Excellence is Inclusive Excellence.pdf
 
Filing Your Delaware Franchise Tax A Detailed Guide
Filing Your Delaware Franchise Tax A Detailed GuideFiling Your Delaware Franchise Tax A Detailed Guide
Filing Your Delaware Franchise Tax A Detailed Guide
 
3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx
 
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBdCree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
 
Business Valuation Principles for Entrepreneurs
Business Valuation Principles for EntrepreneursBusiness Valuation Principles for Entrepreneurs
Business Valuation Principles for Entrepreneurs
 
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
 
FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134
 
Project File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdfProject File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdf
 
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptxCADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
 
Set off and carry forward of losses and assessment of individuals.pptx
Set off and carry forward of losses and assessment of individuals.pptxSet off and carry forward of losses and assessment of individuals.pptx
Set off and carry forward of losses and assessment of individuals.pptx
 
Digital Transformation in PLM - WHAT and HOW - for distribution.pdf
Digital Transformation in PLM - WHAT and HOW - for distribution.pdfDigital Transformation in PLM - WHAT and HOW - for distribution.pdf
Digital Transformation in PLM - WHAT and HOW - for distribution.pdf
 

Consumer buying decision process

  • 2. CONTENTS 1. MEANING OF BUYING DECISION PROCESS 2. STAGES OF CONUMER BUYING DECISION PROCESS
  • 3. MEANING A Buying decision process is the process a customer goes through when buying a product. It can be seen as a particular from of a cost-benefit analysis. A buying process is the series of steps that a consumer will take to make a purchasing decision.
  • 4. STAGES OF CONSUMER BUYING DECISION PROCESS The five stages framework remains a good way to evaluate the customer’s buying process.
  • 5. 1. NEED RECOGNITION A purchase cannot take place without the recognition of the need. The need may have been triggered by internal stimuli such as hunger or thirst or external stimuli such advertising. According to Maslow’s hierarchy, only a when a person has fulfilled the needs at a certain stage, can he or she move to the next stage.
  • 6. 2. INFORMATION SEARCH This is the buyer’s effort at searching the internal and external business environments to identify and observe sources of information related to the focal buying decision. Internal search refers to recalling past experiences with the product. External search is conducted when customer tries to seek information from personal sources (family, friends), commercial sources ( advertisements, sales people) or public sources ( newspapers, television).
  • 7. 3. EVALUATION OF ALTERNATIVES At this stage, consumers evaluate different products/brands on the basis of varying product attributes, and whether these can deliver the benefits that the customers are seeking. A factor that heavily influences this stage is the customer’s attitude. Involvement is another factor that influences the evaluation process.
  • 8. 4. PURCHASE DECISION In this stage, the Purchase takes place. The final purchase decision can be disrupted by two factors:  Negative feedback from other customers and the level of motivation to comply or accept the feedback.  The decision may be disrupted due to anticipated situations.
  • 9. 5. POST-PURCHASE BEHAVIOUR At this stage, customers will compare products with their previous expectations and will be either satisfied or dissatisfied. This can greatly effect the decision process for similar purchases from the same company in the future, having a knock-on effect at the information search stage and evaluation of alternatives stage.