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In this article:
1. Problem recognition
During this stage, the consumer becomes aware of an unfulfilled need or want. Fo
laptop may be broken and a need arises for a new laptop.
2. Information search
In this stage, the consumer gathers information relevant to solving his problem. Ex
information about various laptop models.
3. Evaluation
The various alternatives are evaluated against the consumer’s wants needs, prefe
resources etc.
4. Purchase
In this stage, the consumer will commit to a particular choice and make the final d
maybe influenced by price and availability.
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Consumer Market
Consumer Analysis
Consumer Oriented Marketing
Consumer Behaviour
Consumer Non-Durables
1. Complex
High degree of consumer involvement with significant brand differences.
Example - Cars.
2. Dissonance Reducing
High degree of involvement with little brand differences.
Example - Carpeting
3. Habitual
Low involvement with little brand difference.
Example - Salt
4. Variety seeking
Low involvement with significant perceived brand difference.
Example -Chocolates
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External factors
1. Influence of a group
This includes the influence of culture, family and reference groups on the buying
consumer
2. Environmental/situational
Factors like season, time of day, temperature and humidity etc. also affect the dec
process.
3. Economic conditions
Internal factors
Lifestyle, Personality, Motivation etc.
These factors hold different level of importance for different kinds of products. For
cold drink brand, Pepsi. The sales of Pepsi will be majorly influenced by the enviro
season and temperature. The influence of group is minimal in this case. On the ot
purchasing a car, the consumer’s decision majorly rests on group influence and h
The environmental factors have almost no role in this purchase.
Hence, this concludes the definition of Consumer Buying Behaviour along with its
This article has been researched & authored by the Business Concepts Team. It
& published by the MBA Skool Team. The content on MBA Skool has been create
academic purpose only.
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