Chapter 3 Flashcards

1
Q

stages of purchase decision process

A
  1. problem recognition- where the consumer perceives a need
  2. information search- consumer seeks value in potential purchase option
  3. evaluation of alternatives
  4. executes the purchase decision
  5. consumer determines the value of the purchase
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2
Q

3 variations of the consumer purchase decision

A
  1. routine problem solving
  2. limited problem solving
  3. extended problem solving
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3
Q

routine problem solving

A

purchasing tissues when you have a cold

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4
Q

limited problem solving

A

deciding upon different brands, such as refreshments

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5
Q

extended problem solving

A

involves time and consideration- purchasing electronics

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6
Q

4 situational influences that impact the consumer purchase decision process

A
  1. purchase task- reason for engaging in decision
  2. social surroundings- who else is present in the process
  3. physical surroundings- ex. a busy store may have an effect on the consumer
  4. temoral effect- when the purchase is made
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7
Q

5 psychological influences affecting consumer behaviour

A
  1. motivation
  2. perception
  3. consumers
  4. values and beliefs
  5. lifestyle
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8
Q

2 influences

A

personal influence- created by individuals with social influence

family influence- decisions are made within the household

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9
Q

family life cycle

A

A family’s progression from formation to retirement, with each phase bringing distinct needs and purchasing behaviours

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