LESSON 3 (Consumer Decision-Making Process) Flashcards

1
Q

What are the factors that Affect Consumer Decision-Making Process?:

A

Internal Factors and External Factors

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2
Q

5 Stages:

A
  1. Problem Recognition
  2. Information Search
  3. Evaluation of Alternatives
  4. Purchase Decision
  5. Post Purchase Behavior
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3
Q

Recognizing the need for a service/product

A

Problem Recognition

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4
Q

Seeking reviews, searching feedbacks, ask for
recommendations.

A

Information Search

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5
Q

Individuals systematically assess and compare various options to determine which choice most effectively meets their needs and preferences.

A

Evaluation of Alternatives

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6
Q

Procedure a customer uses to select which good or service to purchase.

A

Purchase Decision

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7
Q

Reactions and behaviors that take place
following the purchase of a good or service.

A

Post Purchase Behavior

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