Buyer Behaviour

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Buyer Behaviour in Marketing MindMap
Ryan Kent
Mapa Mental por Ryan Kent, actualizado hace más de 1 año
Ryan Kent
Creado por Ryan Kent hace más de 5 años
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Buyer Behaviour
  1. Definition
    1. Processes involved when Customers Select, Purchase, Use, or Dispose of Products, Services, Ideas, or Experiences to Satisfy Needs & Desires.
    2. Types of Consumer Buying Behaviour
      1. Related to Level of Involvement. I.e, Interest, Emotional Commitment & Time Spent Searching for Product
        1. Limited Problem Solving
          1. Occasional Purchase, Moderate Information Gathering
          2. Routined Response Behaviour
            1. Low Cost / Risk, Frequent Purchases
            2. Extensive Problem Solving
              1. Infrequent, High Risk / Cost Purchases with Substantial Information Gathering
              2. Impulse Buying
                1. No Conscious Planning, purchase results from Powerful Urge to Buy
              3. Consumer Buying Roles
                1. Initiator
                  1. Begins the process of Considering Purchase
                  2. Influencer
                    1. Gathers information to persuade group concerned with decision outcome
                    2. Decider
                      1. Has the power/authority to make the ultimate decision
                      2. Buyer
                        1. Conducts the Transaction
                        2. User
                          1. Consumer of the Product
                          2. Thomson (2007) - Children important role in purchase process & Input Welcomed / Beneficial! For both low/high-level purchases
                          3. Consumer Decision Making Process
                            1. Problem Recognition
                              1. Awareness of a Need Because of; Routine Depletion, Emotional Wants or Unpredictable Need
                                1. Information Search
                                  1. Evaluation of Alternatives
                                    1. Purchase
                                      1. Post-Purchase Evaluation
                                        1. Cognitive Dissonance, Greater when Selection was Wider and High-Level of Involvement
                                        2. Affected by Availability, PoS, Promotional Deals or Store Layout
                                        3. Use of Objetive Criteria (Price & Specification) or of Subjective Criteria (STatus, Image & Trust in Brand)
                                        4. Build Awareness Set (Brands to solve Need) Internal Sources e.g, Memory or External Sources, Promotion & WoM
                                    2. Business Buyers
                                      1. What makes them Different?
                                        1. Purchase the good/services to meet a specific business need
                                          1. Focus on Economic Benefits and Formal, Lengthy Purchasing Policies and Procedures
                                            1. Large Groups involved in Purchasing Decision & Negotiate on Price
                                              1. Buy Large Quantities and Infrequently & Heavily Reliant on Consistent Supply
                                        2. Types of Business Buyers
                                          1. Producer Market - Buys to Produce other Products
                                            1. Reseller Markets - Intermediaries, Retail & Wholesalers
                                              1. Government & institutional - CHarities, Schools
                                          2. Buying Process

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