Ch 6: Consumer Buying Behavior Flashcards
Define:
Consumer Buying Behavior
Buying behavior of people who purchase products for personal use and not for business purposes
What are the five steps of the Consumer Buying Decision Process?
- Problem Recognition
- Information Search
- Evaluation of Alternatives
- Purchase
- Postpurchase Evaluation
What are the three influences of the
Consumer Buying Decision Process?
Situational
Psychological
Social
# Define: Level of Involvement
An individual’s degree of interest in a product and the importance of the product for that person
Identify and Define the two types of involvement
Enduring Involvement: Ongoing and long term involvement
Situational: temporary and dynamic involvement
Define High and Low involvement Products
High: products that are visible to others and or are expensive
Low: products that tend to be less expensive and have less associated social risk
# Define: Routinized Response Behavior
The process used when buying frequently purchased, low-cost items that require little search-and-decision effort
# Define: Limited and Extended Problem Solving
Limited: The process that buyers use when purchasing products only occasionally or when they need information about an unfamiliar brand in a familiar product category
Extended: the process employed when purchasing unfamiliar, expensive, or infrequently bought products
# Define: Impulse Behavior
An unplanned buying behavior resulting from a powerful uge to buy something immediately
What happens in the Problem Recognition Stage
A buyer becomes aware of a difference between a desired state and an actual condition
What happens in the Information Search
Buyers search either internally or externally for information about the best products to get them to their desired state
# Define: Internal and External Search
Internal: Buyers search their memories for information about products that might solve their problems
External: Buyers seek information from outside sources (such as Personal contacts, Marketer-Dominated Sources, Independent Sources
What happens in the Evaluation of Alternatives Stage
You evaluate your Consideration (or evoked) set based on the evaluation criteria you create for it
# Define: Consideration (Evoked) Set
A group of brands/choices that the buyer views as alternatives for possible purchase
# Define: Evaluation Criteria
Identifying objective and subjective characteristics that are important to the buyer (attributes or factors)