Question: Apply your knowledge of the consumer decision-making process and the influences that affect consumer behavior in the context of a parent making trying to decide
Apply your knowledge of the consumer decision-making process and the influences that affect consumer behavior in the context of a parent making trying to decide whether to purchase a cell phone for a child, and in the context of a cell phone company attempting to influence that decision.
Develop marketing strategies using each step of the consumer behavior decision-making process through close analysis of consumers reference groups and opinion leaders, as well as the personal factors that influence their buying behavior.
LEARNING OBJECTIVES
- Describe the stages in the consumer purchase decision process.
- Describe how the consumer purchase process begins.
- Describe factors that affect information search.
- Describe how consumers evaluate alternatives when making a purchase.
- Describe the activities that firms can undertake to facilitate purchase.
- Understand the different outcomes for consumers after they make a purchase (satisfaction, dissonance, loyalty)
- Explain the influences on consumer behavior.
- Identify the major psychological influences on consumer behavior.
- Describe how situational and personal influences impact consumer behavior.
- Identify the major sociocultural influences on consumer behavior.
Assignment:
Think about and answer the following questions with a 250+ word response (total).
- When considering the desire for a cell phone and the type of cell phone, what are the reference groups and who are the opinion leaders that influence a 10-year-old?
- Describe THREE external influences and how they influence a 10-year-old.
- Explain the potential influence each factor may have on parents decision. How might parents be influenced by personal factors.
- personality
- lifestyles
- values
- What are four ways AT&T, a wireless phone company, could incorporate the personal influences on consumer behavior when designing their marketing and advertising strategy?
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