spend time in searching for information Nominal decision-making is also known as evaluation of different brands on the and carry-out 'habitual decision-making' or 'nominal problem solving' basis of brand name, physical appearance, function price or routine problem solving. Need and so on. recognition results in 5. Brand Loyalty desire to bry. In case of least priced products which are used continuously, buyer and products In case of purchase of products to be low. It is involved in involvement is found sports shoes and so on, consumers are like groceries, products consumed. In case ofleast priced products and and make little or no information: search. highlyIf involved nominal the first step is problem recognition. Afterdecision making. is purchasing the same product again and again, hel recognising the she gains experience with the product and problem, internal scarching is carried out which consumer results in can purchase the product by undergoing consumer selection of a prefermed brand or product. The preferred brand or product is purchased and no decision-making process. In case of brand little or no is done till the brand fails to evaluation brand the degree of involvement consumer and extent meet the expectations. of of decision-making relys upon the consumers attitudeof loyalty, Nominals decision making is result of with respect to product rather than product attribuites continuous satisfaction with a productthewhich was 6. Inertia selected previously after carrying out an extended The last type of consumer decision-making decision-making process or the buyer doesn't give process is 'inertia'. Here the consumer involvement much importance to the product category or 2. purchase. is low and no decision-making is involved. Consumer Limted Decision-Making search for convenience factor. Consumer purchase the Wayne. D. Hoye say that in case of low-level same product or brand not due to brand loyalty but due to buyer involvement, limited decision-making becomes his/her feeling that spending time and energy in searching similar to that of nominal decision making. The for an alternative is waste. For example, consumer of decision making lies in between the nominal process involvement is less in purchasing items like vegetables, decision making and extended decision making. It is very tissue papers etc., and involves no decision-making. and easy to understand and involves internal simple search Q16. How Knowledge of consumer behaviour from long-term memory and limited external search, Is useful to a marketing manager? Discuss evaluation of only some alternatives, simple decision appllcations of consumer behavlour In rules and some post-purchase evaluation. marketing decisions. 3. Extended Decison-Making Answer: In case of extended decision-making, extended Usefulness/Importance of consumer/Buyer internal and external searching is involved. After internal Behaviour to Marketing Manager and extermal search, evaluation of various alternatives is Buyer behaviour has a great impact on marketers done as buyer lack ofrelevant information regarding the The study of buyerbehaviour is necessary for marketer to product or service and require such information. Usually, identify the consumption decisions so that marketers can the evaluation involves measuring the characteristics develop competitive strategies against their competitor. of each product at a time and determining how the Knowledge of buyer behaviour is useful in finding characteristics of each product form a set of expected solutions of various problems of industry and it is also characteristics. The reason behind all these things is the helpful in decision-making as follows, 1. Product high-involvement ofbuyer in decision making. In case of purchasing items like washing machine, computer, new Buyer behaviour explain the perceptions of house, stereo system etc buyer involvement is high and buyer regarding a product which is useful for marketer requires extended- decision making. Extended decision in designing the product. making involves complex post purchase evaluation. 2 Price In some emotional decisions, extended Buyer behaviour is also useful for marketer in decision-making may be involved. For example, hxing price ofthe product. selecting avalentine's day gift for a girlfriend. 3. Place 4. Complex Decision-making Buyer behaviour is useful in identifying ne In case of high-involvement purchases, distribution channel so that buyers can reach the complex decision-making process in undertaken. |product easily. Complex decision -making is iavolved in purchasing 4. Promotion products like, television, automobiles, washing Knowledge machine, computers and so on. As consumer consider the feelings regarding buyer behaviour explaim and thinking of buyer which is useful purchasing these products as important, he/she will sales promotion activities. S I PUBLISHERS AND DISTRIBUTORS PVT. LTD.