L5 Consumer Behaviour Flashcards
what is consumer behaviour
The study of the processes involved when individuals or groups select, purchase, use or dispose of products, services, ideas or experiences to satisfy their needs or desires
what are the stages in the consumer purchase decision process
- Problem Recognition
- Info Search
- Alternative evaluation
- Purchase decision
- Post purchase behaviour
Describe problem recognition and which stage is it
- stage 1
- perceiving a need
- gap between actual and ideal situation
triggered by internal stimuli eg. feeling hungry or external stimuli eg. you see a billboard
Describe info search and which stage is it
- stage 2
- seeking value
- internal search eg. memory, experience, thinking or external search eg. word of mouth, media, store visits, trials
Describe alternative evaluation and which stage is it
- stage 3
- assessing value
- comparing different brands and products using evaluative criteria, like price, quality, country of origin, availability and service. Determines your ‘consideration set’
Describe purchase decision and which stage is it
- stage 4
- consumer makes final decision
- where to buy (from whom)
- when to buy (sale?)
Describe post purchase behaviour including cognitive dissonance and which stage is it
- stage 5
- realising value
want the performance to exceed expectations for a delighted and devoted customer, or customer will be dissatisfied.
-CD = consumers doubts after a purchase about whether the decision was correct.
what is role of involvement in consumer decision making
- the consumers degree of interest in the product
- extended problem solving occurs when there is HIGH involvement as it takes a lot of time and effort. routine/limited problem solving is LOW involvement
what are the major psychological influences on consumer behaviour
- needs and motivation: physiological, safety, belongingness and love, esteem, self actualisation
- personality
- perception: selective perception, exposure, comprehension, retention
- learning: develops automatic responses through repeated exposure- drive, cue response and reinforcement
- values, beliefs and attitudes
- lifestyle
what are the major sociocultural influences on consumer behaviour
- personal influences: views, opinions, behaviours of others
- reference groups: associative (membership)
- family: lifecycle, decision making
- social class: upper, middle, lower
- culture and sub culture: set of values, ideas and attitudes that are learned and shared among the members of the group
what are the major situational influences on consumer behaviour
- purchase task: reason for engaging in task, gift v own use
- social surroundings: shopping with friends, children etc?
- physical surroundings: decor, lighting, crowding
- temporal effects: time of day, how much time is available
- antecedent states: mood