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Victori Secret Case Study

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1. Analyze the buyer decision process of a typical pink customer.

* Need recognition: Need recognition can either come from internal or external stimuli. The typical pink customer receives need recognition from external stimuli. A lot of the “need” for this product comes from promotional information in advertisements, word of mouth, and from customers’ friends and acquaintances. Consumers receive input from different areas and recognize that they need a cloth items that is fashionable, hip, and trendy. * Information search: This can also be internal or external. Customers can draw from internal sources based on how familiar they are with the brand based on previous experiences. For those familiar with the brand, many will draw and gather information from external sources like advertising, displays, and sales people. * Evaluation of alternatives: It is difficult to assess the “typical” pink customer because people draw alternatives in so many different ways. Customers consistently evaluate alternatives in a set series of ways and criteria. Customers go shopping according to what they are looking for, for example one looking for training pants would not buy a fashionable pair of yoga pants, they would buy the kind used for fitness. Most pink customers look for clothes that are comfortable, fashionable, casual, but dress enough to wear to class and out shopping but that are reasonably priced. Pink customers may evaluate other brands based on the criteria stated and make their decision about buying after that. * Purchase Decision: The potential pink customer will choose to purchase from Victoria Secret if the items under consideration fits the criteria previously stated. Other additional considerations may include the opinion of friends and unexpected changes of criteria. * Post purchase decision: During this phase, consumers form impression

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...'Vhat'Ve Can't A Guide J. Budzisze wski WHAT WE CAN’T NOT KNOW J. BUDZISZEWSKI WHAT WE CAN’T NOT KNOW A Guide Revised and Expanded Edition IGNATIUS PRESS SAN FRANCISCO First edition published by Spence Publishing Company, Dallas, Texas ©2003 by J. Budziszewski All rights reserved Cover illustration: Comstock/Fotosearch.com Cover design by Sam Torode ©2004 Spence Publishing Company Used by permission Published in 2011 by Ignatius Press, San Francisco ©2003, 2011 J. Budziszewski All rights reserved ISBN 978-1-58617-481-1 Library of Congress Control Number 2010927673 Printed in the United States of America To my grandparents Julian and Janina Budziszewski, long departed, not forgotten The mind of man is the product of live Law; it thinks by law, it dwells in the midst of law, it gathers from law its growth; with law, therefore, can it alone work to any result. —George MacDonald CONTENTS PREFACE TO THE SECOND EDITION A New Phase of an Old Tradition ix PREFACE TO THE FIRST EDITION Whom This Book Is For xix ACKNOWLEDGMENTS xxiii INTRODUCTION The Moral Common Ground 3 I THE LOST WORLD Things We Can’t Not Know 1 2 What It Is That We Can’t Not Know 3 Could We Get By Knowing Less? II EXPLAINING THE LOST WORLD 4 The First and Second Witnesses 5 The Third and Fourth Witnesses 6 Some Objections vii 19 29 54 83 93 116 viii WHAT WE CAN’T NOT KNOW III HOW THE LOST WORLD WAS LOST 7...

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