Preview

Buyer Decision Making

Better Essays
Open Document
Open Document
1295 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Buyer Decision Making
An essential part of marketing is the buyer decision making process. This is arguably an ideal part for marketers as they r able to view how consumers make buying decisions, after looking at the influences that affect buyers. The buyer decision making process involves five stages in which buyers make decisions in purchasing a product. These five stages include problem recognition, information search, evaluation of alternatives, purchase decision, post purchase behavior (Kotler, Brown, Burton, Deans & Armstrong, 2010). Consumers always pass through all five stages with each purchase, in a high involvement decision. However, for low involvement decision they may not always follow these steps, instead reversing the order or even skipping steps. Marketers use this model to highlight and assess the main considerations that arise when consumers are involved in a new purchase decision. Therefore, the buyer decision making process is an integral part of marketing.
Firstly, the first stage of the buyer decision process is problem recognition. This stage is where the consumer recognises the problem and need. This is sensing the difference between the actual state and the desired state (Bruner II & Pomazal, 1988). This need can be sparked by both internal stimuli and external stimuli. Internal stimuli is the individual’s normal problem and needs eg. ( hunger, thirst, sex) which develops to a drive (Kotlel, 2010). Likewise, external stimuli is the external environment eg( peer pressure, desires after seeing someone else having what u are interested in) enticing the individual to a need. Therefore its is ideal for marketers to identify the consumer problems which exist, and the marketed product is the perfect solution. A great example of external stimuli is advertisements of products, this case (Hydroxycut, 2010) fat burning pills which are developed to make the purchaser slimmer and hence more attractive. These advertising campaigns create and different understanding



References: Acevedo, L., 2009. Consumer Buying Decision. Retrieved from: http://www.ehow.com/how-does_5438201_consumer-buying-decision-process.html Bruner, Gordon C., II; Pomazal, Richard J. (Winter 1988; 5, 1) Problem Recognition: The Crucial First Stage Of The Consume. The journal of Consumer Marketing. pg 53(Business Source Premier) ICFAI University. Consumer Behaviour. Chapter 15-Post purchase behaviour. Kotler, P., Brown, L., Burton, S., Deans, K., Armstrong, G., 2010. Marketing 8th Edition. New South Wales: Pearson Nash, R., Phillips, CM., Neer, SA., 2010. Rohan Acedemic Computing. San Diego State University. Retrieved from http://www-rohan.sdsu.edu/~renglish/370/notes/chapt05/index.htm Richard L. Sandhusen. Marketing, 3rd ed. 2000 Rose S. & Samouel P. (2009) Internal psychological versus external market-driven determinants of the amount of consumer information search amongst online shoppers. Journal of Marketing Management. (Business Source Premier) Retrieved from http://www.buyhydroxycut.com/

You May Also Find These Documents Helpful

  • Better Essays

    MGMT 522 week3 quiz

    • 2490 Words
    • 10 Pages

    Problem Recognition: The buying process starts when the buyer recognizes a problem or need triggered by internal or external stimuli. With an internal stimulus, one of the person’s normal needs—hunger, thirst, sex—rises to a threshold level and becomes a drive. A need can also be aroused by an external stimulus. A person may…

    • 2490 Words
    • 10 Pages
    Better Essays
  • Better Essays

    Cereal Aisle Analysis

    • 1249 Words
    • 5 Pages

    To understand how the consumer progressed through the consumer behavior process, we must first understand the consumer buying process. It is also important to note that not every consumer goes through all the stages. There are six stages in the consumer buying process: Problem Recognition (need) - in this stage the consumer realizes that they are lacking something, therefor they have a need; Information Search- now that the consumer has acknowledged their need (or want) they start finding the necessary information or taking the necessary actions to fulfill their need; Evaluation of Alternatives- in this stage the consumer knows what they need or they at least have some general idea, and now they are looking at all the options available to them; Purchase Decision- At this point the consumer is now processing all the information from the evaluation of alternatives, and deciding to move forward with their purchase or not; Purchase- this is the stage where the transaction is complete. The need that was previously acknowledged has been met; Post Purchase Evaluation- At this point the consumer decides whether they are happy with their purchasing decision or if they have feelings or remorse.…

    • 1249 Words
    • 5 Pages
    Better Essays
  • Better Essays

    The above analogy is partly correct. It demonstrates the first part of the Consumer Buying Process (CBP), Problem Recognition or recognition of a need. Problem recognition occurs the moment the consumer realizes the need for a product or service. When the consumer opened the fridge and saw no milk, they became aware of the need for more. Following the realization of the need for more milk, came the second step of the CBP, information search. The consumer started to think about all the types of milk and which best suits his or her needs. Would Organic or Non Organic be best? Does the consumer need Milk with 1%, 2%, or whole milk fat? Do they…

    • 1005 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    The steps are as follows. First, there is problem recognition. This step is followed by informative search. Next, the consumer performs an alternative evaluation. This step is followed by the purchase decision, and the final stage in the process is the consumer’s post-purchase behavior.…

    • 2975 Words
    • 12 Pages
    Powerful Essays
  • Best Essays

    Consumer behavior is defined in a variety of ways such as “the dynamic interaction of affect and cognition, behavior and environmental events by which human beings conduct the exchange aspects of their lives.” by the American Marketing Association. (2008). In a simpler form, consumer behavior can be explained as the actions of consumers and the different approaches a person may take to decide what to buy and the decision making process. The decision making process can be effected by many factors all related to a person or persons lifestyle. Determining that behavior can be confusing and marketers need to use research techniques to understand the consumer. Understanding the intent to buy, buying process and post purchase issues from a marketing perspective raises many questions and is an in-depth process. “The basic marketing concept hold’s that firms exist to satisfy consumers’ needs.” (2004, Solomon). Once that basic concept is understood, an organization can focus on key goals to achieve a competitive advantage. Marketing strategies are used to gain better understanding of the market, consumers, environment, supply and demand and competition. The behaviors of consumers such as personality, emotions, attitudes, learning style, and perception of the consumer helps companies design their marketing techniques. External influences are also need to be studied and factors such as culture and sub-culture, demographics, social status, and family structure helps understand the decision making process of the consumer’s behavior. For marketing strategy to succeed, the insight to the consumer’s decision-making process is a good starting point.…

    • 1547 Words
    • 7 Pages
    Best Essays
  • Good Essays

    Victoria's Secret Pink

    • 782 Words
    • 3 Pages

    The buyer decision process consists of five stages: Need recognition, Information search, Evaluation of alternatives, Purchase decision and Post purchase decision.…

    • 782 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Buying Behaviour

    • 2117 Words
    • 9 Pages

    • Unique consumer behavior: Tattooing Apple logos on their bodies, buying multiple phones just so they can dissect one and use the other.…

    • 2117 Words
    • 9 Pages
    Satisfactory Essays
  • Powerful Essays

    Arnould, E., Price, L., & Zikhan, G. (2004). Consumers (2nd ed.). New York: McGraw Hill…

    • 1037 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Psychology in Marketing

    • 626 Words
    • 3 Pages

    In today’s consumer market, much attention is paid to the psychology of the consumer. It is the leading factor in determining if a product will be marketed, when it will be marketed and where it will be marketed. To make these determinations companies have focused on certain psychological concepts. Examples of the psychological concepts and how they are used will also be discussed in this paper.…

    • 626 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Marketing & sustainability

    • 1346 Words
    • 5 Pages

    Kotler, P, Brown, L, Burton, S, Deans, K & Armstrong, G 2010, Marketing, 8th edn, Pearson Australia, Frenches Forest, NSW.…

    • 1346 Words
    • 5 Pages
    Powerful Essays
  • Best Essays

    Dell - Direct Marketing

    • 2206 Words
    • 9 Pages

    Kotler, P., Brown, L., Adam, S., Burton, S., Armstrong, G. (2002). Marketing (7th ed.). Australia: Pearson.…

    • 2206 Words
    • 9 Pages
    Best Essays
  • Powerful Essays

    The buying process starts with need recognition. According to Kotler et al (2005), this is where the consumer recognises a problem or need. This need is triggered by internal stimuli such as biological desires and external stimuli which would be a desired state as opposed to the actual state of…

    • 1421 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Problem recognition is the initial step in the purchase decision, and requires the consumer to perceive a difference between a person's ideal and actual situations big enough to trigger a decision. In the present scenario, Zac has already decided that he wants to purchase a digital camera. Possible reasons for him to arrive at this decision could be:…

    • 2085 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Buying Process

    • 3148 Words
    • 13 Pages

    The concept of “Buying decision process” is of prime importance in marketing and has evolved over the years. It’s very much important to know the consumer buying decision process as it plays a vital role in creating an impact on purchase of a product.…

    • 3148 Words
    • 13 Pages
    Good Essays
  • Best Essays

    Durex Business Report

    • 2807 Words
    • 12 Pages

    Kotler. P, Brown. L, Adam. S, Burton. S, Armstrong. G, (2007). Marketing. 7th ed. Frenchs Forest, NSW : Pearson Education Australia.…

    • 2807 Words
    • 12 Pages
    Best Essays