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Marketing: the consumer

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Presentation on theme: "Marketing: the consumer"— Presentation transcript:

1 Marketing: the consumer
Final Consumer

2 Types of consumers Final consumer Organizational Consumer

3 The Decision Process Model Final consumers
Stimulus Problem awareness Information search Evaluation of alternatives Purchase Post-purchase

4 Stimulus Social Commercial Non-commercial

5 Problem awareness Recognition of shortage
Recognition of unfulfilled desire

6 Information search What choices are available?
What are the characteristics of these choices?

7 Evaluation of alternatives
Decision criteria Autoweb Rank alternatives

8 Types of consumer decision making
Extended consumer decision making Limited consumer decision making Routine decision making Low involvement

9 Factors affecting the final consumer’s decision process
Demographics Social influences Psychological characteristics Select consumer lifestyles

10 Demographics Vital statistics that describe a population Census
Syndicated Services Collect information

11 Social influences on buying
Culture Subculture Social Class Reference groups Families

12 Psychological characteristics of Consumers
Personality Learning Attitudes Perception Class consciousness Motivation Perceived risk

13 Select Consumer lifestyles
Family values Voluntary simplicity Getting buy “Me” generation Poverty of time Component lifestyle


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