consumer decision making process philip kotler


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PDF Explaining the Consumer Decision-Making Process

Decision-making process Consumer behaviour Buying behaviour Model of decision-making 1 Introduction "All marketing decisions are based on assumptions 

PDF CHAPTER 3 THE CONSUMER DECISION-MAKING PROCESS

Consumers use an extended decision-making process when purchasing motor vehicles expensive items and products and services for which the cost and perceived 

  • What are the 5 stages of the consumer decision making process?

    Let's take a look:

    Stage 1: Need recognition.
    The first stage in the consumer decision-making process for a consumer is to figure out what they need. Stage 2: Searching and gathering information. Stage 3: Considering the alternatives. Stage 4: Buying the product or service. Stage 5: Post-purchase evaluation.

  • What is decision making according to Philip Kotler?

    Haynes and Massie: “Decision-Making is a process of selection from a set of alternative courses of action which is thoughtful to fulfill the objective of the decision problem more satisfactorily than others.” Philip Kotler: “A decision may be defined as a conscious choice among alternative courses of action.”

  • What is the consumer decision process by Philip Kotler?

    Five stages make up the model: need identification, information search, alternative evaluation, buy decision, and post-purchase evaluation.

  • According to authors Philip Kotler and Gary Armstrong, the basic model of consumer decision making involves a 5 step process: need recognition; information search; evaluation of alternatives; purchase decision; post purchase behavior.

This model breaks down the purchasing process into five stages: Problem Recognition, Information Search, Evaluation of Alternatives, Purchase Decision, and Post-Purchase Behavior. Backdrop and Context: This model emerged in an era where consumer markets were less fragmented and had minimal digital influence.
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