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
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2
Q

Routine Response Behaviour

A

making automatic purchase decisions based on limited information or information they gathered in the past

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3
Q

Impulse Buying

A

making a purchase without planning or previous thought

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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
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5
Q

Extended Problems Solving

A

spending time comparing different aspects like features, prices, and warranties of the product

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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

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7
Q

Moderate Involvement Decisions

A
  • Some risks
  • Some information is required
  • Undetermined amount of decision-making steps
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