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.
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.
3
Q
Traditional funnel:
A
- Awareness -> 2. Familiarity -> 3. Consideration -> 4. Purchase -> 5. Loyalty
4
Q
Consumer decision Journey
A
- Initial consideration: The consumer considers an initial set of brands, based on brand perception and exposure to recent touch points
- Active evaluation: Consumers add or subtract brands as they evaluate what they want
- Moment of purchase: Ultimately, the consumer selects a brand at the moment of purchase
- Postpurchase experience: After purchasing a product or service, the consumer builds expectations based on experience to inform the next decision journey
5
Q
Accumulated impressions
A
- Brands in the initial-consideration set are 3x more likely to be purchased.
6
Q
Empowered Consumers:
A
- Driven by reviews, word of mouth, and past experiences.
- Only 1/3 of touch points are company-driven.
7
Q
Consumer-driven marketing:
A
- Word of mouth
- Online research
- Offline and/or print reviews
8
Q
Common driven marketing:
A
- Traditional advertising
- Direct marketing
- Sponsorship
- In-store product experience
- Salesperson contact
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
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.
11
Q
Aligning Marketing with the Journey
A
- Prioritize Objectives
- Tailor Messaging
- Invest in Consumer-Driven Marketing
- Win In-Store
- Integrate Activities