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MKT 1001
Foundations of Marketing
Grant Timms - Week 6
Consumer Behaviour 1
Todays objectives
Influencing factors on
consumer behaviour:
the
decision-making
process
Problem recognition
Recognition takes place in different
ways according to the purchase.
No milk in fridge
TV explodes
Internal stimuli
External stimuli
thirst
advertisement
Information search
What kind of purchase will solve the problem
of an exploding TV?
A digital TV?
Flat screen?
HD ready or built-in?
Entertainment centre
3D?
Information search
What kind of information will solve the problem?
Internal search - consumer searches memory
External search - no info available in memory
Personal sources?
Commercial sources?
Public sources?
Experiential sources?
Information evaluation
Information evaluation
Salience:
the level of importance assigned to
each criterion for comparing products
in the evoked set. (What are the really
important factors.)
Decision
Post-purchase evaluation
Post-purchase evaluation
Cognitive dissonance
Rational (logical)
Hedonistic (emotional)
Self-identity (external)
Self-identity (internal)
Impulse buying
Impulse Buying
Next week