How do consumers respond to various marketing efforts the company might use? What is astarting point of a buyer’s behavior?Select one:a. Beliefb. Subculturec. Post purchase feelingd. Stimulus-response Model
Question
How do consumers respond to various marketing efforts the company might use? What is astarting point of a buyer’s behavior?Select one:a. Beliefb. Subculturec. Post purchase feelingd. Stimulus-response Model
Solution
The starting point of a buyer's behavior is the Stimulus-Response Model. This model suggests that marketing and environmental stimuli enter the consumer's consciousness, and a set of psychological processes combine with certain consumer characteristics to result in decision processes and purchase decisions. The marketer's task is to understand what happens in the consumer's consciousness between the arrival of the outside marketing stimuli and the ultimate purchase decisions.
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Explain different factors that affect consumer behavior
Item 4Required informationRequired informationSkip to questionThe Impact of Social Influencers on Consumer Behavior The consumer decision process can be influenced by several factors. These include psychological factors that are internal to the consumer, social factors that are external to the consumer, the marketing mix, and specific purchase situations. This activity is important because each generation has felt a growing distrust of the information that comes directly from brands. Marketers are challenged to find new ways to expose consumers to the company's brand value. The goal of this activity is to demonstrate your understanding of the factors that affect the consumer decision process. Click the ► button to watch the video. Then, answer the questions that follow. Primarily, consumers can identify and affiliate with reference groups, like social influencers, to create, enhance, or maintain theirMultiple Choiceself-esteem.social status.family values.self-image.economic status.
Do you have some additional insight into consumer behavior? What do you think is important to consider when considering what consumers want?
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