Preview

Consumer Behavior: Consumer Decision Process Stages

Good Essays
Open Document
Open Document
2939 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Consumer Behavior: Consumer Decision Process Stages
MK0011 – Consumer Behaviour - 4 Credits Assignment Set – 1
Note: Each question carries 10 Marks. Answer all the questions.

Q.1 Explain the consumer decision process stages. decision-making process can be described as five different stages: The customer decision-making process and its five stages
Knowing the customers' decision-making process
The most interesting thing about the study is that while they observed critical usability problems because of inadequate or poor information:
Customers couldn't identify purchase options
Customers couldn't decide if the products would satisfy their needs
The product presentations and descriptions raised wrong expectations, which made customers unhappy with their purchases
Businesses simply fail in supporting the consumer decision-making process by not taking their customers' information needs into account.
As a Physician, you will have little chance of knowing exactly which information needs patients have when evaluating specific services or treatments. To support the ' decision-making process, you need to understand which needs and concerns they have when making a purchase decision. There will often be patients who unintentionally mislead you by discussing a number of issues that appear to be of equal weight when they really have an overriding concern. You need to recognize how to discern exactly what a patients hierarchy of wants is.
The most effective way of discerning what is motivating your patients is to ask a number of very specific questions during a consultation. Surface physicians are trained, sometimes through trial and error, to ascertain the specific motivations that brought a patient in so that they can support the patients decision-making process.

Information search

The basic prerequisites for patients making their way through the information search stage is that they are able to find services that fit their perceived needs, and that they can easily identify their available

You May Also Find These Documents Helpful

  • Powerful Essays

    MGT2 Task3

    • 5037 Words
    • 21 Pages

    Inadequate resources available to address the increased customer need causing negative publicity of the company.…

    • 5037 Words
    • 21 Pages
    Powerful Essays
  • Satisfactory Essays

    Gm Case

    • 331 Words
    • 2 Pages

    * They failed to understand the customers’ tastes and preferences; they failed to understand the need of the customer.…

    • 331 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    * Determine patient populations these physicians are treating. This will help to understand what drives their decision making, whether it is efficacy, cost, availability, outcomes, etc.…

    • 611 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    Cereal Aisle Analysis

    • 1249 Words
    • 5 Pages

    For this assignment I went to Randall’s, a local grocery store in my area, where I observed consumer behavior. Upon arrival at Randall’s I decided that I would observe consumers on the shopping on the wine isle and in the dairy section. I observed on man and one woman on the wine isle (they were not together) and one woman in the dairy section.…

    • 1249 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Dr Gawande Do No Harm

    • 603 Words
    • 3 Pages

    We want information and control, but we also want guidance. The Emanuels described a third type of doctor-patient relationship, which they called “interpretive.” Here the doctor’s role is to help patients determine what they want. Interpretive doctors ask, “What is most important to you? What are your worries?”…

    • 603 Words
    • 3 Pages
    Powerful Essays
  • Satisfactory Essays

    Business Concept Template

    • 394 Words
    • 2 Pages

    Fails to present a valid business concept with no clear understanding of the customers and market.…

    • 394 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Mrs Noeleen Myk

    • 2377 Words
    • 9 Pages

    Finding out the history, preferences, wishes and needs of a customer, when writing their care plan, ensures:…

    • 2377 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Consumer Behavior

    • 2292 Words
    • 10 Pages

    In the following text I’m going to target the topic Influencing Oil and Petrol Consumption.…

    • 2292 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    the patient to explore and find more information that fits their personal needs and is best viewed…

    • 1351 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Victoria's Secret Pink

    • 782 Words
    • 3 Pages

    The buyer decision process consists of five stages: Need recognition, Information search, Evaluation of alternatives, Purchase decision and Post purchase decision.…

    • 782 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Cover Letter

    • 482 Words
    • 2 Pages

    Understanding physicians and their needs is the first step to building a long-term professional relationship that will make one an indispensible asset in the client’s practice. As a surgical specialist with 10 years of sales experience and a background in neuroscience, I can provide a unique insight into the mind of the doctor!…

    • 482 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Successful Marketers define their market in terms of needs they presume to satisfy ,not in terms of product they sell.…

    • 3870 Words
    • 16 Pages
    Powerful Essays
  • Satisfactory Essays

    Consumer Decision Process

    • 1042 Words
    • 5 Pages

    Consumer decision process represents a road map of consumers’ minds that marketers and managers can use to help guide product mix, communication, and sales strategies. The model captures the activities that occur when decisions are made in a schematic format and shows how different internal and external forces interact to affect how consumers think, evaluate, and act. The main purpose of this model is to analyze how individuals sort through facts and influences to make logical and consistent decisions. Consumers typically go through major stages when making decisions: need recognition, search for information, pre-purchase evaluation, purchase and post-purchase evaluation. The study of consumer behavior primarily focuses on these stages and how various factors influence each stage of consumers’ decisions. By understanding the stages in the consumer decision-making road map, marketers can discover why people are or are not buying products and what can be done to get them to buy more or buy from a specific supplier. Many companies seek to use WWW to communicate with potential customers and thus result in an interactive media called shopping in online environment which allows for very high degree of interactivity.…

    • 1042 Words
    • 5 Pages
    Satisfactory Essays
  • Powerful Essays

    Ingeniero en sistemas

    • 3202 Words
    • 13 Pages

    was not being done correctly or completely. As a result, sales management had a poor idea of what…

    • 3202 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    Times of India

    • 4487 Words
    • 18 Pages

    The Times of India is a leading English-language broadsheet daily newspaper in India. It is owned and managed by Bennett, Coleman & Co. Ltd. which is owned by the Sahu Jain family. Newspapers in India are measured on two parameters, circulation and leadership. The newspaper has the widest circulation among all English-language broadsheets in the world. In 2008, the newspaper reported that (with a circulation of over 3.14 million copies) it was certified by the Audit Bureau of Circulations as the world's largest selling English broadsheet newspaper and making them as the 8th largest selling newspaper in any language in the World. According to Indian Readership Survey (IRS) 2008-R2, it has gained readership by 13.3 million ranking them as the Top English Newspaper in India by readership.…

    • 4487 Words
    • 18 Pages
    Powerful Essays