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Fifteen: Consumer Decision Making and Beyond
Fifteen: Consumer Decision Making and Beyond
Fifteen: Consumer Decision Making and Beyond
FIFTEEN
Consumer
Decision Making
and Beyond
What Would a Pet Owner Need to Know in Order to
Make a Decision About Buying Pet Insurance?
Copyright 2010 Pearson Education, Inc. Publishing as Prentice Hall Chapter Fifteen Slide 2
Do I Need It? How Do I Get More
Information?
Copyright 2010 Pearson Education, Inc. Publishing as Prentice Hall Chapter Fifteen Slide 3
Levels of Consumer Decision Making
Not all consumer decision-making situations are the same and marketers
generally put them into these three groups
• An Economic View
• A Passive View
• A Cognitive View
• An Emotional View
Copyright 2010 Pearson Education, Inc. Publishing as Prentice Hall Chapter Fifteen Slide 5
Consumer
Decision Making
Figure 15.3
Copyright 2010 Pearson Education, Inc. Publishing as Prentice Hall Chapter Fifteen Slide 6
Process - Need Recognition
Copyright 2010 Pearson Education, Inc. Publishing as Prentice Hall Chapter Fifteen Slide 7
Prepurchase Search
Copyright 2010 Pearson Education, Inc. Publishing as Prentice Hall Chapter Fifteen Slide 8
Evaluation of Alternatives
The specific brands that the consumer
• Evoked set considers is called the evoked or
consideration set
• Criteria used for evaluating brands
• Consumer decision rules
• Decisions by functionally illiterate population
• Going online for decision-making assistance
• Lifestyles as a consumer decision strategy
• Incomplete information
• Applying decision rules
• Series of decisions
• Decision rules and marketing strategy
Copyright 2010 Pearson Education, Inc. Publishing as Prentice Hall Chapter Fifteen Slide 9
The Evoked Set
Figure 15-5
Copyright 2010 Pearson Education, Inc. Publishing as Prentice Hall Chapter Fifteen Slide 10
Issues in Alternative Evaluation
Usually product attributes such as auto focus,
• Evoked Set flash, lens type, size and weight for a new digital
camera
• Criteria used for evaluating brands
• Consumer decision rules and their application
These rules
• Decisions by functionally illiterate population are also
• Going online for decision-making assistance referred to
as
• Lifestyles as a consumer decision strategy information-
• Incomplete information processing
strategies
• Applying Decision Rules
• Series of decisions
• Decision rules and marketing strategy
Copyright 2010 Pearson Education, Inc. Publishing as Prentice Hall Chapter Fifteen Slide 11
Brands that a consumer
Inept Set excludes from
purchase consideration.
Brands that a
consumer is indifferent
toward because they
Inert Set
are perceived as
having no particular
advantage.
Consumer Decision Rules
• Compensatory
– the consumer will evaluate each attribute and add
them up for the brand.
– The belief is that the consumer will choose the
brand with the highest rating.
• Noncompensatory
– the consumer does not balance positive attributes
against negative, but every attribute must reach a
minimum level or it will be disqualified
Copyright 2010 Pearson Education, Inc. Publishing as Prentice Hall Chapter Fifteen Slide 14
Issues in Alternative Evaluation
• Evoked Set
• Criteria used for evaluating brands
• Consumer decision rules and their application
• Decisions by functionally illiterate population
• Going online for decision-making assistance
• Lifestyles as a consumer decision strategy
• Incomplete information
• Applying Decision Rules
• Series of decisions
• Decision rules and marketing strategy
Copyright 2010 Pearson Education, Inc. Publishing as Prentice Hall Chapter Fifteen Slide 15
Issues in Alternative Evaluation
• Evoked Set
• Criteria used for evaluating brands
• Consumer decision rules and their application
• Decisions by functionally illiterate population
• Going online for decision-making assistance
• Lifestyles as a consumer decision strategy
• Incomplete information
• Applying Decision Rules
• Series of decisions
• Decision rules and marketing strategy
Copyright 2010 Pearson Education, Inc. Publishing as Prentice Hall Chapter Fifteen Slide 16
Coping with Missing Information
Copyright 2010 Pearson Education, Inc. Publishing as Prentice Hall Chapter Fifteen Slide 17
Issues in Alternative Evaluation
• Evoked set
• Criteria used for evaluating brands
• Consumer decision rules and their application
• Decisions by functionally illiterate population
• Going online for decision making assistance
• Lifestyles as a consumer decision strategy
• Incomplete information Marketers must be aware of these
• Applying Decision Rules decision rules so they can send the
right messages through the correct
• Series of decisions channels at the best time to reach the
consumer
• Decision rules and marketing strategy
Copyright 2010 Pearson Education, Inc. Publishing as Prentice Hall Chapter Fifteen Slide 18
Output of Consumer Decision Making
• Purchase behavior
– Trial purchases
– Repeat purchases
– Long-term commitment
• Postpurchase
evaluation
Copyright 2010 Pearson Education, Inc. Publishing as Prentice Hall Chapter Fifteen Slide 19
Postpurchase Evaluation
Copyright 2010 Pearson Education, Inc. Publishing as Prentice Hall Chapter Fifteen Slide 20