SlideShare a Scribd company logo
1 of 8
Download to read offline
Buyer Behavior

                                                     MKTG 1052
                               PROJECT GUIDELINES
                                   (Part Three)

                                                                   1
BB Guidelines (Part One) copyright of BBAdvisor
Continuing from Part Two..
• This section (Part 6 of the report) deals
  with the Consumer Decision Making
  Processes

• You need to be familiar with the key
  concepts from Chapters 2-7



                 BB Guidelines (Part Three)   2
                  copyright of BBAdvisor
Consumer decision making
    Instruction (as per                           Interpretation/ what needs to be
    guidelines)                                   done:

      6.1                                         Specify the level of involvement (you need to
                                                  present logical argument - remember its not the
      What type and amount                        product alone but how the customer responds
      of information about                        during the process of decision making and how
                                                  much effort, time and money is spent on
      this product do its
                                                  selecting the right alternative. Type of
      consumers use? How                          information = show examples of what kinds of
      involved are they?                          sources are considered. How much effort is
      Which level of decision                     expended in comparing brands and what are
      making are they in?                         the costs and benefits of search? (read
      Would the brand be                          chapters 3 and 4)
      considered to be part                       Use the framework of the evoked set to identify
      of this segment’s                           if your brand is part of the evoked set; briefly
      evoked set?                                 explain why or why not; consider competitor
                                                  brands as to where they fit in.
                                                                                                     3
BB Guidelines (Part One) copyright of BBAdvisor
Consumer decision making
 Instruction (as per                              Interpretation/ what needs to be
 guidelines)                                      done:
 6.2                                               This covers the topic on Alternative
             How do consumers                      Evaluation (Chapter Five)
             evaluate different
             brands in this                        Discuss the types of evaluative criteria
             product category?                     used; evaluative criteria must be specific to
             Which evaluative                      the nature of the product. Rank the
                                                   evaluative criteria in terms of their
             criteria are possibly
                                                   perceived importance when the consumers
             used in making a                      are comparing brands.
             purchase decision?
                                                   Set up a hypothetical table showing how
                                                   the different brands are compared in terms
                                                   of importance and rating of the different
                                                   attributes. (read chapter 5)

                                                                                                   4
BB Guidelines (Part One) copyright of BBAdvisor
Consumer decision making
    Instruction (as per                           Interpretation/ what needs to be
    guidelines)                                   done:
    6.3
    How do consumers go                            Shopping: Is purchasing store based or
                                                   virtual? The material is from Chapter 6.
    about shopping for this
                                                   Discuss some of the factors what facilitate
    product?                                       or inhibit the purchase of the product.
                                                   If the purchase is store based you can infer
                                                   on the types of retailing strategies and
                                                   even store environment that can facilitate
                                                   purchases. Is the purchase impulse? If it is
                                                   high involvement how can store personnel
                                                   or even the web




                                                                                                  5
BB Guidelines (Part One) copyright of BBAdvisor
Consumer decision making
    Instruction (as per                           Interpretation/ what needs to be
    guidelines)                                   done:
    6.4
    How likely is post                             Refer Chapter 7.
    purchase behaviour                             This depends to some extent on the nature of
    likely to occur? If so, how                    the product (high involvement purchases will
    can it be reduced?                             have a higher degree of post-purchase
                                                   implications)
                                                   Explain what happens after the purchase in
                                                   terms of how consumers handle
                                                   satisfaction/dissatisfaction- what are they likely
                                                   to do? What about ‘cognitive dissonance?’
                                                   Reduction: briefly describe what both the
                                                   consumer and the marketer do to reduce post-
                                                   purchase anxiety.



                                                                                                        6
BB Guidelines (Part One) copyright of BBAdvisor
Consumer decision making
    Instruction (as per                           Interpretation/ what needs to be
    guidelines)                                   done:
    6.5
                                                   Refer Chapter 7.
    How do consumers                               Consider the disposal in terms of trade-in for
    dispose of this product                        future upgrades.
    after its usage?                               Or there could be green/ environmental
                                                   issues (depending on the brand you choose)




                                                                                                    7
BB Guidelines (Part One) copyright of BBAdvisor
Consumer decision making
    Instruction (as per                           Interpretation/ what needs to be
    guidelines)                                   done:
    6.6
    Loyalty- Do potential                          Refer Chapter 7.
    segments differ in their                       Here you need to contrast different loyalty
    loyalty to the existing                        behaviors between the different segments.
    product? Are brand-loyal                       For example some segments might be loyal
    purchases encouraged?                          because of price promotions; others
    How?                                           because they are loyal to the brand per se.
                                                   Briefly explain how the marketer develops
                                                   marketing programs to create and sustain
                                                   brand loyalty- give some examples.




                                                                                                 8
BB Guidelines (Part One) copyright of BBAdvisor

More Related Content

What's hot

Lecture 3 consumer decision making
Lecture 3 consumer decision makingLecture 3 consumer decision making
Lecture 3 consumer decision making
Judith Ruga
 
BB Chapter Eleven : Attitude and Attitude Change
BB Chapter Eleven : Attitude and Attitude ChangeBB Chapter Eleven : Attitude and Attitude Change
BB Chapter Eleven : Attitude and Attitude Change
BBAdvisor
 
BB Practice MC Questions with Answers
BB Practice MC Questions with AnswersBB Practice MC Questions with Answers
BB Practice MC Questions with Answers
BBAdvisor
 
problem recognition and information search
problem recognition and information searchproblem recognition and information search
problem recognition and information search
welcometofacebook
 
BB Practice Essay Questions And MCQ (Part Two Chapters 8-11)
BB Practice Essay Questions And MCQ (Part Two  Chapters 8-11)BB Practice Essay Questions And MCQ (Part Two  Chapters 8-11)
BB Practice Essay Questions And MCQ (Part Two Chapters 8-11)
BBAdvisor
 
BB Exam Revision and Specimen Questions (April 2011)
BB Exam Revision and Specimen Questions (April 2011)BB Exam Revision and Specimen Questions (April 2011)
BB Exam Revision and Specimen Questions (April 2011)
BBAdvisor
 
BB Practice Questions (Part One: Chapters 1-7)
BB Practice Questions (Part One: Chapters 1-7)BB Practice Questions (Part One: Chapters 1-7)
BB Practice Questions (Part One: Chapters 1-7)
BBAdvisor
 
Module 2 course 1 pgdmm mysore university
Module 2 course 1 pgdmm mysore universityModule 2 course 1 pgdmm mysore university
Module 2 course 1 pgdmm mysore university
thanuja
 
Diffusion of innovation
Diffusion of innovationDiffusion of innovation
Diffusion of innovation
Abhishek Raj
 

What's hot (20)

26555128 c-b-models
26555128 c-b-models26555128 c-b-models
26555128 c-b-models
 
Lecture 3 consumer decision making
Lecture 3 consumer decision makingLecture 3 consumer decision making
Lecture 3 consumer decision making
 
BB Chapter Eleven : Attitude and Attitude Change
BB Chapter Eleven : Attitude and Attitude ChangeBB Chapter Eleven : Attitude and Attitude Change
BB Chapter Eleven : Attitude and Attitude Change
 
Cons1
Cons1Cons1
Cons1
 
BB Practice MC Questions with Answers
BB Practice MC Questions with AnswersBB Practice MC Questions with Answers
BB Practice MC Questions with Answers
 
Consumer Bahavior-6 a Marketing Plan prerequisite by www.marketingPlanNOW.com
Consumer Bahavior-6 a Marketing Plan prerequisite by www.marketingPlanNOW.comConsumer Bahavior-6 a Marketing Plan prerequisite by www.marketingPlanNOW.com
Consumer Bahavior-6 a Marketing Plan prerequisite by www.marketingPlanNOW.com
 
Consumer decision making process
Consumer decision making processConsumer decision making process
Consumer decision making process
 
2.sit i nf. bb2
2.sit i nf. bb22.sit i nf. bb2
2.sit i nf. bb2
 
problem recognition and information search
problem recognition and information searchproblem recognition and information search
problem recognition and information search
 
Buying behaviour models
Buying behaviour models Buying behaviour models
Buying behaviour models
 
BB Practice Essay Questions And MCQ (Part Two Chapters 8-11)
BB Practice Essay Questions And MCQ (Part Two  Chapters 8-11)BB Practice Essay Questions And MCQ (Part Two  Chapters 8-11)
BB Practice Essay Questions And MCQ (Part Two Chapters 8-11)
 
BB Exam Revision and Specimen Questions (April 2011)
BB Exam Revision and Specimen Questions (April 2011)BB Exam Revision and Specimen Questions (April 2011)
BB Exam Revision and Specimen Questions (April 2011)
 
Cb2decision making pr
Cb2decision making prCb2decision making pr
Cb2decision making pr
 
BB Practice Questions (Part One: Chapters 1-7)
BB Practice Questions (Part One: Chapters 1-7)BB Practice Questions (Part One: Chapters 1-7)
BB Practice Questions (Part One: Chapters 1-7)
 
low effort judgement
low effort judgementlow effort judgement
low effort judgement
 
Pp11
Pp11Pp11
Pp11
 
consumer decision making process
consumer decision making processconsumer decision making process
consumer decision making process
 
Module 2 course 1 pgdmm mysore university
Module 2 course 1 pgdmm mysore universityModule 2 course 1 pgdmm mysore university
Module 2 course 1 pgdmm mysore university
 
Postpurchase processes, customer satisfaction and Consumer loyalty
Postpurchase processes, customer satisfaction and Consumer loyalty Postpurchase processes, customer satisfaction and Consumer loyalty
Postpurchase processes, customer satisfaction and Consumer loyalty
 
Diffusion of innovation
Diffusion of innovationDiffusion of innovation
Diffusion of innovation
 

Similar to BB Project Guidelines (Part Three : Consumer Decision Process)

Bob dorf about Customer Development
Bob dorf about Customer DevelopmentBob dorf about Customer Development
Bob dorf about Customer Development
VeeRoute
 
Measuring Retail Collaboration
Measuring Retail CollaborationMeasuring Retail Collaboration
Measuring Retail Collaboration
OgilvyAction
 
Major subdecisons involved in buying decision
Major subdecisons involved in buying decisionMajor subdecisons involved in buying decision
Major subdecisons involved in buying decision
eunicebautista05
 
Brand equity colgate
Brand equity colgateBrand equity colgate
Brand equity colgate
Abinas Mishra
 
Trends Group Liability and Individual Liability
Trends Group Liability and Individual LiabilityTrends Group Liability and Individual Liability
Trends Group Liability and Individual Liability
MABSIV
 

Similar to BB Project Guidelines (Part Three : Consumer Decision Process) (20)

C:\Users\Compaq\Desktop\Session (3) Segmentation, Consumer Behavior
C:\Users\Compaq\Desktop\Session (3) Segmentation, Consumer BehaviorC:\Users\Compaq\Desktop\Session (3) Segmentation, Consumer Behavior
C:\Users\Compaq\Desktop\Session (3) Segmentation, Consumer Behavior
 
B2 b branding workshop recap
B2 b branding workshop recapB2 b branding workshop recap
B2 b branding workshop recap
 
Branding Banks For Shareholder Value 2
Branding Banks For Shareholder Value 2Branding Banks For Shareholder Value 2
Branding Banks For Shareholder Value 2
 
In Search Of Your Personal Brand
In Search Of Your Personal BrandIn Search Of Your Personal Brand
In Search Of Your Personal Brand
 
Bob dorf about Customer Development
Bob dorf about Customer DevelopmentBob dorf about Customer Development
Bob dorf about Customer Development
 
Brand equity hp
Brand equity hpBrand equity hp
Brand equity hp
 
HP Brand Equity
HP Brand EquityHP Brand Equity
HP Brand Equity
 
Measuring Retail Collaboration
Measuring Retail CollaborationMeasuring Retail Collaboration
Measuring Retail Collaboration
 
Unit 3
Unit 3Unit 3
Unit 3
 
Unit 3
Unit 3Unit 3
Unit 3
 
Bm 2
Bm 2Bm 2
Bm 2
 
Major subdecisons involved in buying decision
Major subdecisons involved in buying decisionMajor subdecisons involved in buying decision
Major subdecisons involved in buying decision
 
Brand equity colgate
Brand equity colgateBrand equity colgate
Brand equity colgate
 
Question
QuestionQuestion
Question
 
Trends Group Liability and Individual Liability
Trends Group Liability and Individual LiabilityTrends Group Liability and Individual Liability
Trends Group Liability and Individual Liability
 
Bob Dorf at the NJ Tech Meetup, January 2013
Bob Dorf at the NJ Tech Meetup, January 2013Bob Dorf at the NJ Tech Meetup, January 2013
Bob Dorf at the NJ Tech Meetup, January 2013
 
Newsletter
NewsletterNewsletter
Newsletter
 
Kf Next Best Product Models For Fs Nov09
Kf Next Best Product Models For Fs Nov09Kf Next Best Product Models For Fs Nov09
Kf Next Best Product Models For Fs Nov09
 
Ch041
Ch041Ch041
Ch041
 
MEASURING OUTCOMES OF BRAND EQUITY CAPURING MARKET PERFORMANCE
MEASURING OUTCOMES OF BRAND EQUITY CAPURING MARKET PERFORMANCEMEASURING OUTCOMES OF BRAND EQUITY CAPURING MARKET PERFORMANCE
MEASURING OUTCOMES OF BRAND EQUITY CAPURING MARKET PERFORMANCE
 

More from BBAdvisor

BB Exam Topics
BB Exam TopicsBB Exam Topics
BB Exam Topics
BBAdvisor
 
BB Practice Essay Questions and MCQ (Part Two - Chapters 8-11)
BB Practice Essay Questions and MCQ (Part Two - Chapters 8-11)BB Practice Essay Questions and MCQ (Part Two - Chapters 8-11)
BB Practice Essay Questions and MCQ (Part Two - Chapters 8-11)
BBAdvisor
 
BB Practice Essay Questions and MCQ (Part One - Chapters 1-7)
BB Practice Essay Questions and MCQ (Part One - Chapters 1-7)BB Practice Essay Questions and MCQ (Part One - Chapters 1-7)
BB Practice Essay Questions and MCQ (Part One - Chapters 1-7)
BBAdvisor
 
BB Chapter Sixteen : Culture And Cross Cultural
BB Chapter Sixteen :  Culture And Cross CulturalBB Chapter Sixteen :  Culture And Cross Cultural
BB Chapter Sixteen : Culture And Cross Cultural
BBAdvisor
 
BB Chapter Fifteen : Social Class
BB Chapter Fifteen : Social ClassBB Chapter Fifteen : Social Class
BB Chapter Fifteen : Social Class
BBAdvisor
 
BB Chapter Fourteen : Group Influence And Communication
BB Chapter Fourteen : Group Influence And CommunicationBB Chapter Fourteen : Group Influence And Communication
BB Chapter Fourteen : Group Influence And Communication
BBAdvisor
 
BB Chapter Thirteen : Household Structure And Consumption Behavior
BB Chapter Thirteen : Household Structure And Consumption BehaviorBB Chapter Thirteen : Household Structure And Consumption Behavior
BB Chapter Thirteen : Household Structure And Consumption Behavior
BBAdvisor
 
BB Chapter Twelve : Demographics
BB Chapter Twelve : DemographicsBB Chapter Twelve : Demographics
BB Chapter Twelve : Demographics
BBAdvisor
 
BB Chapter Ten : Motivation and Personality
BB Chapter Ten : Motivation and PersonalityBB Chapter Ten : Motivation and Personality
BB Chapter Ten : Motivation and Personality
BBAdvisor
 
BB Chapter Nine : Learning and Memory
BB Chapter Nine : Learning and MemoryBB Chapter Nine : Learning and Memory
BB Chapter Nine : Learning and Memory
BBAdvisor
 
BB Chapter Eight: Perception
BB Chapter Eight: PerceptionBB Chapter Eight: Perception
BB Chapter Eight: Perception
BBAdvisor
 
BB Chapter Seven : Post Purchase Processes, Customer Satisfaction and Loyalty
BB Chapter Seven : Post Purchase Processes, Customer Satisfaction and LoyaltyBB Chapter Seven : Post Purchase Processes, Customer Satisfaction and Loyalty
BB Chapter Seven : Post Purchase Processes, Customer Satisfaction and Loyalty
BBAdvisor
 
BB Chapter Six: Outlet Selection and Purchase
BB Chapter Six: Outlet Selection and PurchaseBB Chapter Six: Outlet Selection and Purchase
BB Chapter Six: Outlet Selection and Purchase
BBAdvisor
 
BB Chapter Four : Information Search
BB Chapter Four : Information SearchBB Chapter Four : Information Search
BB Chapter Four : Information Search
BBAdvisor
 
BB Chapter Three: Problem Recognition
BB Chapter Three: Problem RecognitionBB Chapter Three: Problem Recognition
BB Chapter Three: Problem Recognition
BBAdvisor
 
BB Chapter Two: Situational Influences
BB Chapter Two: Situational InfluencesBB Chapter Two: Situational Influences
BB Chapter Two: Situational Influences
BBAdvisor
 
BB Chapter One: Consumer Behavior and Marketing Strategy
BB Chapter One: Consumer Behavior and Marketing StrategyBB Chapter One: Consumer Behavior and Marketing Strategy
BB Chapter One: Consumer Behavior and Marketing Strategy
BBAdvisor
 

More from BBAdvisor (17)

BB Exam Topics
BB Exam TopicsBB Exam Topics
BB Exam Topics
 
BB Practice Essay Questions and MCQ (Part Two - Chapters 8-11)
BB Practice Essay Questions and MCQ (Part Two - Chapters 8-11)BB Practice Essay Questions and MCQ (Part Two - Chapters 8-11)
BB Practice Essay Questions and MCQ (Part Two - Chapters 8-11)
 
BB Practice Essay Questions and MCQ (Part One - Chapters 1-7)
BB Practice Essay Questions and MCQ (Part One - Chapters 1-7)BB Practice Essay Questions and MCQ (Part One - Chapters 1-7)
BB Practice Essay Questions and MCQ (Part One - Chapters 1-7)
 
BB Chapter Sixteen : Culture And Cross Cultural
BB Chapter Sixteen :  Culture And Cross CulturalBB Chapter Sixteen :  Culture And Cross Cultural
BB Chapter Sixteen : Culture And Cross Cultural
 
BB Chapter Fifteen : Social Class
BB Chapter Fifteen : Social ClassBB Chapter Fifteen : Social Class
BB Chapter Fifteen : Social Class
 
BB Chapter Fourteen : Group Influence And Communication
BB Chapter Fourteen : Group Influence And CommunicationBB Chapter Fourteen : Group Influence And Communication
BB Chapter Fourteen : Group Influence And Communication
 
BB Chapter Thirteen : Household Structure And Consumption Behavior
BB Chapter Thirteen : Household Structure And Consumption BehaviorBB Chapter Thirteen : Household Structure And Consumption Behavior
BB Chapter Thirteen : Household Structure And Consumption Behavior
 
BB Chapter Twelve : Demographics
BB Chapter Twelve : DemographicsBB Chapter Twelve : Demographics
BB Chapter Twelve : Demographics
 
BB Chapter Ten : Motivation and Personality
BB Chapter Ten : Motivation and PersonalityBB Chapter Ten : Motivation and Personality
BB Chapter Ten : Motivation and Personality
 
BB Chapter Nine : Learning and Memory
BB Chapter Nine : Learning and MemoryBB Chapter Nine : Learning and Memory
BB Chapter Nine : Learning and Memory
 
BB Chapter Eight: Perception
BB Chapter Eight: PerceptionBB Chapter Eight: Perception
BB Chapter Eight: Perception
 
BB Chapter Seven : Post Purchase Processes, Customer Satisfaction and Loyalty
BB Chapter Seven : Post Purchase Processes, Customer Satisfaction and LoyaltyBB Chapter Seven : Post Purchase Processes, Customer Satisfaction and Loyalty
BB Chapter Seven : Post Purchase Processes, Customer Satisfaction and Loyalty
 
BB Chapter Six: Outlet Selection and Purchase
BB Chapter Six: Outlet Selection and PurchaseBB Chapter Six: Outlet Selection and Purchase
BB Chapter Six: Outlet Selection and Purchase
 
BB Chapter Four : Information Search
BB Chapter Four : Information SearchBB Chapter Four : Information Search
BB Chapter Four : Information Search
 
BB Chapter Three: Problem Recognition
BB Chapter Three: Problem RecognitionBB Chapter Three: Problem Recognition
BB Chapter Three: Problem Recognition
 
BB Chapter Two: Situational Influences
BB Chapter Two: Situational InfluencesBB Chapter Two: Situational Influences
BB Chapter Two: Situational Influences
 
BB Chapter One: Consumer Behavior and Marketing Strategy
BB Chapter One: Consumer Behavior and Marketing StrategyBB Chapter One: Consumer Behavior and Marketing Strategy
BB Chapter One: Consumer Behavior and Marketing Strategy
 

Recently uploaded

Gardella_PRCampaignConclusion Pitch Letter
Gardella_PRCampaignConclusion Pitch LetterGardella_PRCampaignConclusion Pitch Letter
Gardella_PRCampaignConclusion Pitch Letter
MateoGardella
 
The basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptxThe basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptx
heathfieldcps1
 
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in DelhiRussian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
kauryashika82
 

Recently uploaded (20)

Sports & Fitness Value Added Course FY..
Sports & Fitness Value Added Course FY..Sports & Fitness Value Added Course FY..
Sports & Fitness Value Added Course FY..
 
Gardella_PRCampaignConclusion Pitch Letter
Gardella_PRCampaignConclusion Pitch LetterGardella_PRCampaignConclusion Pitch Letter
Gardella_PRCampaignConclusion Pitch Letter
 
Z Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot GraphZ Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot Graph
 
Paris 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityParis 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activity
 
psychiatric nursing HISTORY COLLECTION .docx
psychiatric  nursing HISTORY  COLLECTION  .docxpsychiatric  nursing HISTORY  COLLECTION  .docx
psychiatric nursing HISTORY COLLECTION .docx
 
Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024
 
Accessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactAccessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impact
 
APM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across SectorsAPM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across Sectors
 
Key note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfKey note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdf
 
The basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptxThe basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptx
 
Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104
 
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in DelhiRussian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
 
Holdier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdfHoldier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdf
 
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
 
Application orientated numerical on hev.ppt
Application orientated numerical on hev.pptApplication orientated numerical on hev.ppt
Application orientated numerical on hev.ppt
 
Grant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingGrant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy Consulting
 
ICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptxICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptx
 
Web & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfWeb & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdf
 
INDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptx
INDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptxINDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptx
INDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptx
 
How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17
 

BB Project Guidelines (Part Three : Consumer Decision Process)

  • 1. Buyer Behavior MKTG 1052 PROJECT GUIDELINES (Part Three) 1 BB Guidelines (Part One) copyright of BBAdvisor
  • 2. Continuing from Part Two.. • This section (Part 6 of the report) deals with the Consumer Decision Making Processes • You need to be familiar with the key concepts from Chapters 2-7 BB Guidelines (Part Three) 2 copyright of BBAdvisor
  • 3. Consumer decision making Instruction (as per Interpretation/ what needs to be guidelines) done: 6.1 Specify the level of involvement (you need to present logical argument - remember its not the What type and amount product alone but how the customer responds of information about during the process of decision making and how much effort, time and money is spent on this product do its selecting the right alternative. Type of consumers use? How information = show examples of what kinds of involved are they? sources are considered. How much effort is Which level of decision expended in comparing brands and what are making are they in? the costs and benefits of search? (read Would the brand be chapters 3 and 4) considered to be part Use the framework of the evoked set to identify of this segment’s if your brand is part of the evoked set; briefly evoked set? explain why or why not; consider competitor brands as to where they fit in. 3 BB Guidelines (Part One) copyright of BBAdvisor
  • 4. Consumer decision making Instruction (as per Interpretation/ what needs to be guidelines) done: 6.2 This covers the topic on Alternative How do consumers Evaluation (Chapter Five) evaluate different brands in this Discuss the types of evaluative criteria product category? used; evaluative criteria must be specific to Which evaluative the nature of the product. Rank the evaluative criteria in terms of their criteria are possibly perceived importance when the consumers used in making a are comparing brands. purchase decision? Set up a hypothetical table showing how the different brands are compared in terms of importance and rating of the different attributes. (read chapter 5) 4 BB Guidelines (Part One) copyright of BBAdvisor
  • 5. Consumer decision making Instruction (as per Interpretation/ what needs to be guidelines) done: 6.3 How do consumers go Shopping: Is purchasing store based or virtual? The material is from Chapter 6. about shopping for this Discuss some of the factors what facilitate product? or inhibit the purchase of the product. If the purchase is store based you can infer on the types of retailing strategies and even store environment that can facilitate purchases. Is the purchase impulse? If it is high involvement how can store personnel or even the web 5 BB Guidelines (Part One) copyright of BBAdvisor
  • 6. Consumer decision making Instruction (as per Interpretation/ what needs to be guidelines) done: 6.4 How likely is post Refer Chapter 7. purchase behaviour This depends to some extent on the nature of likely to occur? If so, how the product (high involvement purchases will can it be reduced? have a higher degree of post-purchase implications) Explain what happens after the purchase in terms of how consumers handle satisfaction/dissatisfaction- what are they likely to do? What about ‘cognitive dissonance?’ Reduction: briefly describe what both the consumer and the marketer do to reduce post- purchase anxiety. 6 BB Guidelines (Part One) copyright of BBAdvisor
  • 7. Consumer decision making Instruction (as per Interpretation/ what needs to be guidelines) done: 6.5 Refer Chapter 7. How do consumers Consider the disposal in terms of trade-in for dispose of this product future upgrades. after its usage? Or there could be green/ environmental issues (depending on the brand you choose) 7 BB Guidelines (Part One) copyright of BBAdvisor
  • 8. Consumer decision making Instruction (as per Interpretation/ what needs to be guidelines) done: 6.6 Loyalty- Do potential Refer Chapter 7. segments differ in their Here you need to contrast different loyalty loyalty to the existing behaviors between the different segments. product? Are brand-loyal For example some segments might be loyal purchases encouraged? because of price promotions; others How? because they are loyal to the brand per se. Briefly explain how the marketer develops marketing programs to create and sustain brand loyalty- give some examples. 8 BB Guidelines (Part One) copyright of BBAdvisor