How you finalize buying decision? How the experience shaped our belief about product, purchasing process or shopping in stores? How line will these beliefs will last? What could make you change these beliefs so that your buying behavior is improved BAD EXPERIENCE Bad experience: Bought mp3 player in 2007 64 GB Chinese mp3 player looking same as ipod Mini Broke down 2nd day Fought with retailer to change Added money and bought another one Had same problem but retailer did not replace/refund No service center as it is not a premium “branded” product GOOD EXPERIENCE Wardrobe Bought online (S.Korea) Size did not match Contacted the retailer Sent to courier (with courier fee bored by retailer) Send back with gift ( discount coupon on next purchase) PROCESS OF FINALIZING BUYING DECISION MP3 Player Apparel Shopping online Saw friends using mp3 players while Surfing online shopping site to kill time commuting Need Identification Saw discount on good Jeans and bought Thought of buying mp3 player Impulse Buying
Went to Civil mall and looked for
electronic store Information Search Look for optionEvaluation of alternative Decided to buy based on design (similar to ipad mini) SHOPPING EXPERIENCE Online and offline shopping experience in two different countries After experience with MP3 player. I stopped buying electronic products from local stores After online shopping experience, trust towards online increased HOW LINE WILL THESE BELIEFS WILL LAST? Probably forever Local electronics store does not offer warranty and proper service Daraz is also doing good in Nepal so probably belief for online might go stronger
What could make you change these beliefs so that your
buying behavior is improved? • Good retailer/shopkeeper • Govt. policy ensuring strong consumer rights THANK YOU