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Showing posts with label buyer decision process. Show all posts
Showing posts with label buyer decision process. Show all posts

Sunday, December 15, 2013

DECISION PROCESS OF BUYER

BUYER DECISION PROCESS

Even buying decision involves an element of active reasoning. The manner in which this active reasoning manifests itself is illustrated in Figure I. In making a purchase decision the consumer goes through the five stages of:

1.   Problem recognition,
2.   Pre-purchase information search,
3.   Evaluation of alternatives,
4.   Purchase decision, and
5.   Post purchase behaviour.

However, in case of routine purchases, the consumer may skip the second and third stages and straight away go to the stage of purchase decision. But in case of purchase decision involving extensive problem solving, the consumer is likely to go through all the five stages in the specified sequence.

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