Consumer Decision
Title: Consumer Decision
Category: /Literature/English
Details: Words: 1168 | Pages: 4 (approximately 235 words/page)
Consumer Decision
Category: /Literature/English
Details: Words: 1168 | Pages: 4 (approximately 235 words/page)
The consumer's decision to purchase or not, can signify whether a marketing strategy has been effective, or whether it was poorly planned and missed the mark altogether. Marketers are particularly interested in the consumer's decision-making process, which consists of the following sequence of events:
· Problem recognition
· Information search
· Evaluation of alternatives
· Purchase decision
· Post-purchase behaviour
The learning constructs, which are the major components of decision-making, are labelled as:
1. Motives - specific and non-specific: These are
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useful and appealing to his aesthetics. Also, there is the underlying challenge of probing, exploring and finally discovering a new brand! This process can be called the 'Psychology of Complication'. The new situation causes him to identify brands and he once again begins to simplify the above-mentioned process.
Hence, marketers need to study the decision patterns of the customer in order to enhance the experience of purchase and consumption and retain the customers for life.