Chapter 5 Flashcards
Consumer buyers decision process
Need Recognition -Buyer recognise a need
Information search -search for information from different source
Evaluation of alternative -process information and evaluate alternative
Purchase decision -by most preferred brand
Post purchase behaviours
Reality = expatiation = satisfied
Reality < expatiation = disappointed
Reality > expatiation = satisfied
Characteristic affecting consumer behaviour
Culture -value, reception, wants and behaviour
Social -people around the them
Personal -based on personal difference
Psychological -based on individual thinking
Business buyer behaviour
The behaviour of the organisation that buy good and service for the use of productions of other product and service that are sold, rent or supply to other
The difference between business markets and consumer markets
Market structure and demand
Natural of buying unit
Type of decision and the decision process involved
Market structure and demand
Fewer but much larger than consumer market
Large demand
Natural of the buying unit
The quality and amount involves in larger than consumer market
Types of decision and the decision processed involved
Complex decision process that involve a lot of people and level of management
Require more professional process