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7 Cards in this Set

  • Front
  • Back

What is the buyer decision process?

I recognize a need


I search for information


I evaluate the alternatives


I decide and buy


I evaluate post-purchase (Cognitive Dissonance)

What are the 5 levels of needs in the Hierarchy of Needs? (First is top, fifth is bottom)

Self-Fulfillment


Esteem


Belonging


Safety


Physiological

How do we conduct an information search and evaluate alternatives?

Internal search: Memory Personal Experience, prior knowledge.


External search (Only if necessary)


The result is a consideration set that is highly personalized

Why should marketers care about post-purchase? What is the solution?

Buyer's remorse/Cognitive Dissonance




Targeted Information





What are the obstacles for marketers in reaching their audience?

Cognitive Consistency


Advertising Clutter


Selective Attention


Mental Engagement


Enduring Memory

What are the criticisms of Decision-Making models?

We don't live in a lab setting


We are social beings


Cultures and values often more than anything else

Sometimes, what is the marketer's role?

Try to create meaning for a product before/as you consider it


Find a space for the product in a complex world