9 Chap - Module 2 - Consumer Buying Motives
9 Chap - Module 2 - Consumer Buying Motives
9 Chap - Module 2 - Consumer Buying Motives
various aspects of the purchase the cost, utility, prestige angles, the
alternatives available & the experience of others who have purchased
the product are analyzed before any decision is taken. Normally, the
entire family takes part in the decision-making process for purchasing
specialty goods.
2. AWARENESS
The consumer turns to his environment/world of information around
him. It makes him aware of the existence of the product that would
solve his problem.
3. COMPREHENSION (Evaluation)
Comprehension comes out of his ability to reason with the information.
The awareness & comprehension stages represent the information
processing stage. These 2 stages constitute the cognitive field of the
purchase process. Cognition refers to acquisition of knowledge.
4. Late Majority: The late majority is the cautious crowd; they will
accept a product only when a big chunk of the community have
already adopted for it.
5. Laggards: This is a large group to try out a new product, are
highly resistant to change, they are very traditional & will adopt
an innovation only when it has percolated the entire community of
buyers. It has also to be understood that a person who is an
innovator in a given context & for a given product category, need
not be so in all buying situations. He can be a laggard in a
different buying situation.
An awareness of the existence of such groups of buyers, with varying
dispositions toward buying will help the marketer to focus on the
appropriate segments while formulating the marketing program.
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