Court (2009), The Consumer Decision Journey Flashcards

1
Q

Core Concept

A

Consumers no longer follow the traditional purchasing funnel. They move through a decision
journey shaped by moments of influence and accumulated impressions.

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2
Q

Key Changes in Consumer Behavior
From Funnel to Journey:

A
  • Traditional funnel: Consumers start with many options and narrow them down.
  • Modern decision-making: More dynamic and circular, with added touch points.
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3
Q

Traditional funnel:

A
  1. Awareness -> 2. Familiarity -> 3. Consideration -> 4. Purchase -> 5. Loyalty
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4
Q

Consumer decision Journey

A
  1. Initial consideration: The consumer considers an initial set of brands, based on brand perception and exposure to recent touch points
  2. Active evaluation: Consumers add or subtract brands as they evaluate what they want
  3. Moment of purchase: Ultimately, the consumer selects a brand at the moment of purchase
  4. Postpurchase experience: After purchasing a product or service, the consumer builds expectations based on experience to inform the next decision journey
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5
Q

Accumulated impressions

A
  • Brands in the initial-consideration set are 3x more likely to be purchased.
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6
Q

Empowered Consumers:

A
  • Driven by reviews, word of mouth, and past experiences.
  • Only 1/3 of touch points are company-driven.
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7
Q

Consumer-driven marketing:

A
  • Word of mouth
  • Online research
  • Offline and/or print reviews
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8
Q

Common driven marketing:

A
  • Traditional advertising
  • Direct marketing
  • Sponsorship
  • In-store product experience
  • Salesperson contact
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9
Q

Most-influential points by stage of consumer decision journey for competitors and new customers:

A
  • Store/agent/dealer interactions
  • Consumer-driven marketing
  • Past experience
  • Comapony-driven marketing
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10
Q

Two Types of Loyalty:

A

Two Types of Loyalty:
- Active Loyalists: Stay and recommend brands.
- Passive Loyalists: Stay but are open to competitors.

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11
Q

Aligning Marketing with the Journey

A
  • Prioritize Objectives
  • Tailor Messaging
  • Invest in Consumer-Driven Marketing
  • Win In-Store
  • Integrate Activities
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