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Consumer Decesion Making

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INTRODUCTION
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DECISION MAKING "Decision making is the process of identifying and selecting a course of action to solve a specific problem." CONSUMER DECISION MAKING

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Specific situations that trigger consumer to make a decision in between two or more alternatives

question
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Define extensive problem solving, limited problem and rou6nized response behavior. What type of decision process would you expect most consumers to follow in their first purchase of new product or brand in each of the following areas: Ø chewing gum Ø Sugar Ø Men’s aBer shave lo6on Ø Carpe6ng Ø Paper towel Ø Cellular phone and luxury car What are the differences among the three decision-­‐making approaches?

levels OF CONSUMER DECISION MAKING
¡ There are three levels of consumer decision

making ¡ They are :

Ø Extensive problem solving Ø Limited problem solving Ø Rou6nized response behaviour

Extensive problem solving
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The process of a customer trying to get all the informa6on they need in order to be able to make a choice between different brands of a product that they want to buy Cost of products under this level is high LUXURY CARS

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