How People Make Buying Decisions
Consumer Behavior: How People Make Buying Decisions
Refer to Samsung Cell Phones as in the previous orders.
Take a closer look at what consumer factors may be relevant for customers considering buying your product or service offering. This will require some critical thinking on your part based on your own behavior if you are a customer yourself, or you may want to talk to others who have purchased the product. Sometimes you can find clues when looking at the product or service?s marketing messages that may be addressing some of these factors.
Then answer the following four questions in order and number the beginning of your response to each question. Reference the attached for “model of consumer behavior” and
1. Consumer Behavior Model: Environmental factors. Refer to the “model of consumer behavior,” identify two of the most important environmental factors you think are relevant to the customers of your product or service offering. Explain your choices.
2. Consumer Behavior Model: Consumer factors. Refer to the model of consumer behavior, identify the three most important consumer factors you think are relevant to the customers of your product or service offering. Explain your choices.
3. Role of involvement in consumer decision-making. Identify the level of involvement a customer of your product or service might use to make a purchase/no purchase decision. Then, discuss which type of buying behavior is most consistent with that level of involvement.
4. Consumer decision-making process. Go through the “six steps of the purchase process” identify where marketing can influence each of the six steps. For example, if a consumer just identified a need for your product in step one, then the company can advertise how your product fills that need. Or, if a consumer purchased your product, the consumer can be called and asked about their satisfaction with the product and if there is any dissatisfaction steps can be taken to ensure the customer satisfaction. Be sure to be more specific with respect to your product or service than this example.
? Prepare as a word processed document (such as Microsoft Word).
? Your assignment should be the equivalent of two pages of double-spaced text, approximately 1/2 page for each of the four questions.
? Use a simple 12-point font such as Times New Roman.
? If the writing assignment requires external research, be sure to use footnotes and include a bibliography.