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consumer decision making process/notes/stages, factors, models and examples

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These notes explain the full concept of the Consumer Decision Making Process with clear diagrams and easy explanations. It includes the five stages of decision making, internal and external influencing factors, decision models, and real-life marketing examples. Perfect for BBA, MBA, Commerce, Business Studies, and consumer behaviour exam preparation. Useful for assignments, presentations, and case studies.

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Consumer Decision-Making Process

Definition:​
The consumer decision-making process is the series of steps a consumer goes through
before, during, and after making a purchase.

Stages of Consumer Decision-Making:

1.​ Problem Recognition:​

○​ Consumer identifies a need or problem that requires a solution.
○​ Example: Realizing the need for a new phone.
2.​ Information Search:​

○​ Gathering information about available products or services.
○​ Sources: Personal (family/friends), commercial (ads, websites), public
(reviews), experiential (trying products).
3.​ Evaluation of Alternatives:​

○​ Comparing different products or brands based on features, price, quality, and
benefits.
○​ Example: Comparing iPhone vs Samsung phone.
4.​ Purchase Decision:​

○​ Selecting the product or brand and making the purchase.
○​ Influenced by: personal preferences, social influence, and situational factors.
5.​ Post-Purchase Behaviour:​

○​ Evaluating satisfaction after purchase.
○​ Can lead to:
■​ Satisfied consumers: Repeat purchase and positive word-of-mouth.
■​ Dissatisfied consumers: Complaints, negative reviews, or returns.

Applications in Marketing:

●​ Designing strategies for each stage to influence buying decisions.
●​ Providing relevant information to assist evaluation.
●​ Offering after-sales support to ensure satisfaction and loyalty.

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