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30 Cards in this Set

  • Front
  • Back
The 5 steps of a Consumer Decision process
page 83
The 5 steps of a Consumer Decision process
page 83
1st step of Consumer decision process
Need recognition - customer realizes they need/want something
1st step of Consumer decision process
Need recognition - customer realizes they need/want something
2nd step of Consumer decision process
Information research
2nd step of Consumer decision process
Information research
3rd step of Consumer decision process
Alternative evaluations
3rd step of Consumer decision process
Alternative evaluations
4th step of Consumer decision process
Purchase/Buy It
4th step of Consumer decision process
Purchase/Buy It
5th step of Consumer decision process
Postpurchase
5th step of Consumer decision process
Postpurchase
Perceived benefits vs Perceived costs
Is it worth my time to research it for this item/purchase?
Perceived benefits vs Perceived costs
Is it worth my time to research it for this item/purchase?
3 types of risk associated with consumer purchases
1. Performance risk
2. Financial risk
3. Psychological risks (page 86)
3 types of risk associated with consumer purchases
1. Performance risk
2. Financial risk
3. Psychological risks (page 86)
3 types of products/services
1. Specialty goods/services
2. Shopping goods/services
3. Convenience goods/services
(page 86)
3 types of products/services
1. Specialty goods/services
2. Shopping goods/services
3. Convenience goods/services
(page 86)
4 Factors that affect the consumer decision process
1. Marketing mix
2. Psychological
3. Situation
4. Social (page 92 diagram)
4 Factors that affect the consumer decision process
1. Marketing mix
2. Psychological
3. Situation
4. Social (page 92 diagram)
Does perception affect consumer purchases?
Yes - page 95 & 97
Does perception affect consumer purchases?
Yes - page 95 & 97
Why does perception affect purchases?
page 95 & 97
Why does perception affect purchases?
page 95 & 97
all done
all done
all done
all done
finished
finished
finished
finished
QUIT CLICKING :P
REALLY???
QUIT CLICKING :P
REALLY???