The Consumer Buying Process/Behaviour Flashcards
How many steps are in the Consumer Decision-Making Process?
5
What is step one?
Need Recognition - becoming aware of a problem that requires a solution
What is step two?
Search Process - finding alternatives that can solve the problem
What is step three?
Evaluation Process - examining alternatives to find the one that fits your needs best
What is step four?
Choice - Purchasing the alternative that fits your needs best
What is step five?
Post-Purchase Use and Evaluation - Deciding if the purchase was “everything you wanted” or wondering if you could have gotten it for a better price or gotten a better product
How many factors influence consumer behaviour?
4
What are the Personal Factors that can affect behaviour?
- Gender, Age, and Stage of Life
- Lifestyle, Activities, Interests, and Opinions
- Mood
- Personality and Self-Concept
What are the External Factors that can affect behaviour?
- Situational Factors
- Social Norms
- Time
- Purchase Reason
What are the Psychological Factors that can affect behaviour?
- Motivation (Maslow’s Hierarchy of Needs)
- Perception (Stimulus, 5 Senses, Brain, Recollection)
- Learning (Incentives, Conditioned Response)
- Attitude (mental positions, emotions, feelings, etc.)
What are the Societal Factors that can affect behaviour?
- Culture
- Subculture (group of people that are different from the main culture of society)
- Social Class
- Reference Groups and Opinion Leaders
- Family