The Consumer Decision making Process - Marketing Campaign Planning - ثالث ثانوي

2.3 The Consumer Decision-making Process

The Consumer DecisionMaking Process

MARKETING MATTERS Making purchase decisions is a complicated process

What factors do you think influence you when you are making purchasing decisions? Can you identify any specific effects of these factors in terms of which products or services you purchase

2.3 The Consumer Decision-making Process

Make a list or create a mind-map showing all the different types of characteristics an individual has that will influence their purchasing decisions

Influences on Buying Decisions

Individual Characteristics

Personality

2.3 The Consumer Decision-making Process

Personalities influence buying decisions because everyone has individual preferences based on their attitude, self-concept, and lifestyle choices

How do you express your personality in the products and services that you choose

2.3 The Consumer Decision-making Process

Gender

Cultural and Social Environment

Age

2.3 The Consumer Decision-making Process

such as a school for example, there are groups and organizations that people live and interact with on a regular basis

What reference groups do you think that you have? How do these reference groups influence your purchasing decisions? Can you give any specific examples?

Do you think your culture or your social environment has a greater influence on your purchasing decisions? Give reasons for your answer

How does knowing the factors that influence a consumer's purchasing decisions help a business to develop the marketing concept

2.3 The Consumer Decision-making Process

Types of Decision making

Routine Decision Making

2.3 The Consumer Decision-making Process

Limited Decision Making

How many different options do you usually compare when you want to buy a new item of clothing at a store

2.3 The Consumer Decision-making Process

Extensive Decision Making

The Marketer's Role in Decision Making

2.3 The Consumer Decision-making Process

services to consumer needs and expectations

MARKETING SCENARIO Reacting to knowledge about customers at the cosmetics store

Which items in the store do the staff believe that customers will use an extensive decision-making process for? How do you know you know this

Which items in the store do the staff believe that customers will use a limited decision-making process for? How do you know this

Which items in the store do the staff believe that customers will use a routine decision-making process for? How do you know this

Which items in the store do the staff believe that customers will use a routine decision-making process for? How do you know this

2.3 The Consumer Decision-making Process

Math in Marketing Breakeven Point

What would be the breakeven point if the store installs a second 6,700 SAR display unit for a different brand of jeans that sell for 200 SAR with a variable cost of 33 SAR each

At the same clothing store, a display unit for jeans costs 6,700 SAR. If the jeans sell for 170 SAR with a variable cost of 33 SAR, what is the breakeven point for the display

2.3 The Consumer Decision-making Process

In what situations would extensive decision making occur among business consumers

Limited decision making usually occurs when consumers purchase what types of products

What do companies need or not need to do if they are selling products that consumers use routine decision making to purchase

With what kind of decision making do marketers have the best opportunity to explain the benefits of their products and services and how they can satisfy consumer needs

What kind of decision making do consumers use when they are familiar with the products available, often choose the same brand, or can make an easy substitution if the usual choice is not avai

Define the term reference group

What term is used to describe a frame of mind developed from a person's values, beliefs, and feelings

Name the factors that make up a person's personal identity

2.3 The Consumer Decision-making Process

Make Academic Connections Sociology

Connect to the Real World A cosmetics manufacturer is introducing a new moderately priced moisturizing cream targeted at females between the ages of 12 and 15