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7 Cards in this Set
- Front
- Back
Problem recognition |
Stage (1) of the consumer decision-making process: Occurs when the consumer perceives a need and becomes motivated to solve the problem |
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Information search |
Stage (2) of the consumer decision-making process: Begin to search for information needed to make a purchase decision Internal search: scan of information stored in memory to recall past experiences and/or knowledge regarding various purchase alternatives External search: Internet sources, personal choices, public sources |
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Alternative Evaluation |
Stage (3) of the consumer decision-making process: Consumer compares the various brands or products and services he or she has identified as being capable of solving the consumption problem *Evoked set: various brands identified as purchase options to be considered during the evaluation process |
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Functional consequences |
Concrete outcomes of product or service usage that are tangible and directly experienced by consumers |
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Psychosocial consequences |
Abstract outcomes that are more intangible, subjective, and personal |
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Purchase decision |
Stage (4) of the consumer decision-making process: Consumer must stop searching for and evaluating information about alternative brands in the evoked set and make a decision. *purchase intention: predisposition to buy a certain brand *brand loyalty: a preference for a particular brand |
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Post-purchase evaluation |
Stage (5) of the consumer decision-making process: The consumer compares the level of performance with expectations and is either satisfied or not * cognitive dissonance: a feeling of psychosocial tension or post purchase doubt that a consumer experiences after making a difficult purchase choice |