Purchase Involvement Process Flashcards
1
Q
Low-Involvement Decisions
A
- inexpensive (compared to income)
- purchased regularly
- low risk to buyers if they make a mistake or there’s a problem with it
2
Q
Routine Response Behaviour
A
making automatic purchase decisions based on limited information or information they gathered in the past
3
Q
Impulse Buying
A
making a purchase without planning or previous thought
4
Q
High-Involvement Decisions
A
- higher risk if they fail
- complex
- high price
- not purchased often but are relevant and important to the buyer
5
Q
Extended Problems Solving
A
spending time comparing different aspects like features, prices, and warranties of the product
6
Q
Limited Problem Solving
A
consumers already have some information about a good or service but continue to search for a little more information
7
Q
Moderate Involvement Decisions
A
- Some risks
- Some information is required
- Undetermined amount of decision-making steps