StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Consumer Making Decision Process - Essay Example

Cite this document
Summary
The paper "Consumer Making Decision Process" discusses that in product development, it is important to understand consumer behavior. The reason for this is simple - knowing your market is essential in a consumer-centric product that would certainly succeed and be bought. …
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER97.2% of users find it useful
Consumer Making Decision Process
Read Text Preview

Extract of sample "Consumer Making Decision Process"

It is especially important in determining its characteristics. In addition, there is also insight it provides with regards to consumer behavior and likely actions, which allow for the identification of problems and opportunities in marketing the product afterward.   There are at least five stages/steps by which the consumer makes his or her purchases: 1) need recognition; 2) information search; 3) evaluation of alternatives; 4) purchase; and, 5) postpurchase behavior (Lamb, Hair, and McDaniel 2008, 140). Some experts add some stages in the process, such as with the model developed by Engle, Kollat, and Blackwell, which divided the consumption stage into two - consumption and post-consumption - and added a unique element in the form of divestment (Verma 2007, 178).   All in all, the stages are pretty straightforward and speak for themselves. For instance, need recognition pertains to the actual desire, want, or need of a consumer. This is usually the first stage in the process, but the rest of the stages do not strictly follow the order by which they were outlined here in this paper.   The stages as outlined by this paper highlight the fact that consumer purchase decisions are influenced by several factors - both external and internal influences. Personal desires, wants, and needs as well as the available information and influencers are just some of these variables. They have to be understood to make sense of the complexity of the process. Finally, there is also the fact that the consumer decision-making process does not end with the purchase of the product. For product developers, it may as well be an endless cycle which is why understanding the process is crucial to identify some semblance of pattern and coherence and making use of it in product development and marketing.   Theory 2: Family Roles Influence on Decision Making  Certainly, the motivating factors behind each consumer's purchase behavior are unique and different. However, the role of the family as the single most important variable in the decision-making process for all consumers is the same for most consumers in most purchase decisions. This powerful influence, according to Blythe (2006) is due to three reasons: 1. the parental influence in the case of the children is deeply embedded because it started the earliest and therefore impacts the children's perception of everything that follows; 2. the parental desire to do what is best for the children and the family; and, 3. the influence of siblings as role models, particularly when the sibling is older or in some cases the carer or the adviser (138). The above reasons were just the fundamental ones especially when because in some families, membership is not confined to the parents and their offspring. Rather, there is also the extended family such as aunts, uncles, cousins, and grandparents. Finally, it must be underscored that within the family or the household, a relationship exists, wherein each member has a role and participates in every decision-making process. This relationship, role, and participation are underpinned by other issues such as gender and other variables that characterize the interpersonal relations within. Collectively, they can define who buys, who decides, and who uses Hawkins, Mothersbaugh, and Mookerjee ( emphasized that "families influence consumer socialization through direct instrumental training, modeling and mediation" (250). This is important because consumer socialization involves and results in consumer skills and consumer-related preferences.   Saxena offered an additional perspective on the manner by which families influence consumer behavior. The idea is that at each stage of the consumer decision-making process, several individuals are involved besides the consumer who makes the purchase. These individuals function in the roles of initiator, influencer, decider, buyer, and user (156). For example, the initiator enters into the first stage of the purchase process by sowing the seed in a customer’s mind to buy a product. This initiator is often a member of the family. As with the initiator, the family members could also take the roles of the others because of their proximity to the consumer in all aspects of his life, direct influence, trustworthiness, and capability. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Consumer Behaviour Essay Example | Topics and Well Written Essays - 750 words - 1”, n.d.)
Retrieved from https://studentshare.org/environmental-studies/1412513-consumer-behaviour
(Consumer Behaviour Essay Example | Topics and Well Written Essays - 750 Words - 1)
https://studentshare.org/environmental-studies/1412513-consumer-behaviour.
“Consumer Behaviour Essay Example | Topics and Well Written Essays - 750 Words - 1”, n.d. https://studentshare.org/environmental-studies/1412513-consumer-behaviour.
  • Cited: 0 times

CHECK THESE SAMPLES OF Consumer Making Decision Process

Consumer Decision-Making Process

In the paper 'Consumer Decision-Making process' the author discusses online shopping, which has turned into a norm.... Even though the decision-making process for consumers is more or less the same, online marketers need to re-think their online marketing strategy.... The author explains that the decision-making process purchasing process progresses in five stages: recognizing needs, searching for information, evaluating alternatives, purchasing decision and post-purchasing behavior....
7 Pages (1750 words) Essay

Consumer Decision Making Process

This paper, Consumer Decision Making process, will analyze the characteristics affecting the consumer behavior, types of consumer buying decisions, and components that affect the decision making process.... As the report discusses consumer behavior is a theoretical concept that addresses different stages a consumer would pass through before they make a particular purchase decision.... The concept of consumer behavior is important in the field of marketing because it is highly related to consumer decision making....
8 Pages (2000 words) Assignment

Impact of Brand Personality on Consumer Decision Making

This study has sought to equate the impact of brand personality on the consumer decision-making process.... This research will begin with the statement that in equating the impact of a brand's personality on the consumer decision-making process, Hofmeyr and Rice in a book titled 'Commitment-Led Marketing: The Key to Brand Profits Is in the Customer's Mind' aptly sums up the purpose of this study.... This study will seek to explain and examine the relationships between these areas and explain the nuances as well as linkages that make brand personality an important part of the consumer decision-making process....
17 Pages (4250 words) Essay

Consumer Decision Making Process

The assignment "Consumer Decision Making process" talks about the interview which began with a brief introduction of the interviewer and the intention of the interview to the interviewee who bought a 400 QR worth Samsung Galaxy phone.... It was quite evident that the brand name played a role in influencing his purchasing decision....
4 Pages (1000 words) Assignment

An Exploration of the Impact of Brand Personality on Consumer Decision Making

"An Exploration of the Impact of Brand Personality on Consumer Decision Making" paper seeks to explain and examine the relationships between these areas and explain the nuances as well as linkages that make brand personality an important part of the consumer decision-making process.... he preceding brief exploration has sought to acquaint you with the foundational precepts in this exploration that includes the third facet, consumer decision making....
19 Pages (4750 words) Thesis

Consumer Decision Making Process

The "Consumer Decision Making process" paper is a critical analysis of the aspects of the consumer decision-making process and an evaluation of how they are changing as consumers' consumption patterns evolve.... The consumer decision-making process is the procedure that is followed by consumers leading to the purchase of commodities in the market.... It is a process that involves the determination of the guiding principles of purchasing goods....
8 Pages (2000 words) Term Paper

The Advent of New Information and Communication Technology

According to Smith (1999), the UK Chartered Institute of Marketing defines marketing as, 'the management process responsible for identifying, anticipating and satisfying customer requirements profitably.... This is a process where an individual acquires the buying and consumption knowledge about a particular product which will ultimately affect his or her behaviour towards that product.... The essay starts by explaining the key concept of consumer behaviour as well as the different factors that affect the buying decision of the consumers....
14 Pages (3500 words) Research Paper

Consumer Behaviour in Decision-Making Process

The paper "Consumer Behaviour in Decision-Making process" is an exceptional example of coursework on marketing.... The paper "Consumer Behaviour in Decision-Making process" is an exceptional example of coursework on marketing.... The paper "Consumer Behaviour in Decision-Making process" is an exceptional example of coursework on marketing.... This is because consumer decision-making is based on a unique process and a unique set of rules as determined by the buyers and not the sellers....
14 Pages (3500 words) Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us