Answer1.

The major factors that could influence buying decisions involving a luxury leather bag purchase are as
follows:

1. Economic Factor

The economic aspect is the most significant and main in this article. It is the primary reason behind the
choice to purchase. The explanation is that common citizens can't manage it. The desire for a
commodity does not play a part here, but quality is the most significant aspect.

2. Functional Factor

The consideration is purely about wants, backed by the reasoning that makes sense and suits with the
customer's best interests. In the purchase decision this one aspect is always quite relevant.

3. Marketing Mix Factors

The marketing mix includes 4 components: commodity, quality, marketing and position of delivery, each
with a direct or indirect effect on consumers ' buying processes. Consumers take into consideration
different factors such as the product specifications, the price paid, product quality at the place needed
and much more.

4. Personal Factors

The personal variables include age, job, lifestyle, socio-economic status and customer sex. Those factors
can influence customer purchase decisions individually or collectively.

5. Psychological Factor

There are three significant aspects that influence customer shopping conduct, including understanding,
encouragement, awareness, values and perceptions, with respect to psychological influences.

6. Social Factors

Reference groups, family and social status are social factors. Such considerations also influence the
consumer's spending habits. Such variables in turn represent an continuous and robust inflow, which
encourages citizens to understand various consumption values.
7. Cultural Factors

Cultural factors influence the buying decision process of a consumer subtly. Growing individual's
existence in a dynamic social and cultural setting may be explicitly or implicitly affected by the broader
cultural background in which they live and develop. Cultural influences include faith and race, culture,
status and moral principles.

Bijan handbags are made with exotic crocodile skin or kangaroo hide.

I will not buy a Bijan handbags when there is LV or Prada bags around.

Answer 2.

The types of buying behavior when purchasing a luxury leather bag are:

1. Complex buying behavior

In particular when buyers purchase an costly commodity, complicated purchasing behavior is observed.
Consumers are heavily involved in the purchase decision in this rare transaction. Until spending,
customers should research extensively. Whether purchasing a expensive commodity or a commodity
which is unfamiliar to them, the customer reacts quite differently. If the cost is incredibly large to
purchase a drug, a buyer can check with colleagues, relatives and experts before determining.

2. Dissonance-reducing buying behavior

Customer interest is very strong in dissonance-reducing purchasing behavior. It may be because of rising
costs and unusual shopping. Therefore, options with less disparity in importance between labels are
poorly available. A consumer buys a product which is easily accessible in this way. Customers would be
required to buy goods which are not so many options and would thus are minimal option for consumers.
Consumers purchase such goods without any study dependent on competitive items, time limitations or
budget restrictions.

3. Habitual buying behavior

The normal spending activity is seen when the customer has a small purchase participation. In this
situation, the customer just notices certain major model variations. Once people purchase items they
need for their daily life, they don't worry a thing. Whether you buy your preferred brand, the one you
use daily – or the one you have on the shelf that cost the least.
4. Variety seeking buying behavior

Customer interest is small in a number of areas. Among labels, there are essential variations. There are
also multiple model changes here from customers. The cost of changing products is low, so consumers
could try new products simply out of curiosity or forbearance. Consumers here typically purchase
diverse items, not because of unhappiness, but mostly because they are eager to try variety.

Answer 3.

The buying process of purchasing a leather bag is:

1. Need Recognition

Once an issue is identified that they have a desire, the buying decision process starts. You know that you
have a question or a distance you want to cross. Customers may or should not realize what is going to fix
their dilemma at this stage. You can only say that you want to improve your circumstance or reality.
Oder you may have an idea of what can benefit you, but you don't know which company, commodity,
service, or solution is the right one.

2. Information Search

As the consumer decides to search for knowledge to help him overcome his dilemma the next step of
the buying decision cycle continues. You realize that you need something to remedy the problem, but
you are not sure what is the right option. The client continues to look for details to fully grasp his
condition and find the solutions to his concerns. The consumer uses internet analysis and looks for ideas
regularly at this stage.

3. Option Evaluation

After the initial pursuit of knowledge, consumers continue to focus about what they have found or
discovered. You begin to analyze your choices to find the right answer for your problem. Customers
have a lot to remember at this point of the buying decision process. You will figure out what is the most
trustworthy, accessible, high quality and highest value approach. We try explanations that one strategy
has more benefits than the other.

4. Purchase Decision

By this stage in the purchasing making process, the buyer is able to pull the trigger to make a purchase.
You have determined which commodity, device, company or approach is best for you and are ready to
order. The analysis and appraisal are over, and the consumer just has a straightforward direction to
purchase. You need to make it easier to shop for a brand to benefit consumers during this process. You
will ought to offer external improvements (for example positive feedback, testimonials, incentives etc.)
that can encourage consumers to switch away from the product and avoid detrimental improvements
(for instance, poor ratings, extra costs or barriers).

5. Post-Purchase Evaluation

At the last step of the five-stage customer decision-making cycle, the road to buying is through. The
buyer made a payment. Yet this doesn't mean that the experience of the consumer is complete. This is
the moment for the consumer to decide that they have made the correct choice. The client must decide
that the approach suits their requirements specifically and completely. They 're trying to determine if
the investment was worth it and if the company delivered on its pledge. They 're just getting happiness
or the buyer's guilt. When it was the former, the buyer will be willing to come back and make another
order. Even if it was the latter, the buyer would be willing to ignore the item, never making another
order, and perhaps communicate their bad encounter with others.