MARKETING THEORIES – EXPLAINING THE CONSUMER DECISION MAKING PROCESS
MARKETING THEORIES –
EXPLAINING THE CONSUMER DECISION MAKING PROCESS
The Consumer or Buyer Decision Making Process is the method used
by marketers to identify and track the decision making process of a customer
journey from start to finish. It is broken down into 5 individual stages which
we have decided to demonstrate with our latest decision making journey
surrounding some rather sorry looking trainers.
1 – Problem Recognition (I need new
trainers)
The first stage
of the process is working out what exactly you or the customer needs. The
customer feels like something is missing and needs to address it to get back to
feeling normal. If you can determine when your target demographic develops
these needs or wants, it would be an ideal time to advertise to them.
In our case we
noticed our running trainers were looking a little worse for wear and we
acknowledged the need for a new pair.
2 – Information search (What trainers
are out there?)
This is the
search stage of the process. One that is continually changing from old
fashioned shopping around to the new shop front which is Google (other search
engines are available - apparently). Information is not only gathered about
stuff and on things but from people via recommendations and through previous
experiences we may have had with various products.
In this stage a
customer is beginning to think about risk management. A customer might make a
pro’s vs. con’s list to help make their decision. People often don’t want to
regret making a decision so extra time being put into managing risk may be
worth it.
In our case we
googled trainer reviews, and searches such as “what is the best trainer for
dirt running?” among other searches as well as remembering that we didn’t like
Gola or Dunlop shoes and had a nasty experience with a pair of Filas in the
90’s.
3 - Evaluation of Alternatives (Do I need
trainers and if so which ones?)
This is the time
when questions start being asked. Is this really the right product for me do?
Do I need a different product? If the answers are either “No it’s not right” or
“yes I need a different product” then stage 2 may recommence. The stage 3 to 2
transition may happen several times before stage 4 has been reached.
Once the
customer has determined what will satisfy their want or need they will begin to
seek out the best deal. This may be based on price, quality, or other factors
that are important to them. Customers read many reviews and compare prices,
ultimately choosing the one that satisfies most of their parameters.
In line with our
example we started questioning if we actually needed running shoes: are there
alternatives out there? Were our original trainers that bad? The answers were
Yes/Yes but none I liked/Yes they really were. So the process was able to
continue.
4 – Purchase (Buying the trainers)
The customer has
now decided based on the knowledge gathered what to purchase and where to
purchase what they desire.
At this stage a
customer has either assessed all the facts and come to a logical conclusion,
made a decision based on emotional connections/experiences or succumbed to
advertising/marketing campaigns, or most likely a combination of all of these
has occurred.
In our customer
journey we purchased some rather nice Asics runners as we had a wonderful
experience with them previously, they were well priced on the market and the
marketing around Asics trainers has always linked them to being the best option
for “real athletic trainers”. The positioning of the product also lent itself
to where they were purchased, a sport shop rather than a shoe shop.
5 – Post Purchase satisfaction or
dissatisfaction (Were they the right trainers for us?)
The review stage
is a key stage for the company and for the customer likewise. Did the product
deliver on the promises of the marketing/advertising campaigns? Did the product
match or exceed expectations?
If a customer
finds that the product has matched or exceeded the promises made and their own
expectations they will potentially become a brand ambassador influencing other
potential customers in their stage 2 of their next customer journey, boosting
the chances of your product being purchased again. The same can be said for
negative feedback which, if inserted at stage 2, can halt a potential
customer’s journey towards your product.
To finish our
customer journey – we very much like the trainers we have chosen – we would
recommend them to a friend, and on purchasing our next set of trainers would
probably make a similar brand or product choice. Our satisfaction has made us a
brand ambassador for the company who created our wonderful trainers (unless
they want to send us a free pair after this article….Size 9 thank you).
So there is the Consumer Decision Making Process in stages with the story of our last trainer purchase thrown in to boot (no pun intended).

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