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In what way do consumers
stray from a deliberative,
rational decision process?
Low involvement Consumer Decision Making
Person chose a peripheral route instead of central route for buying some products.
No specific choice for products like salt
Variety Seeking Buying Behavior
Consumers choose such brands without much evaluation, and evaluates the product during consumption such as cookies.
Let’s try Oreo today, Milano was good!!
Availability Heuristic
Last time, I bought it, it was not long
lasting.
Representative Heuristic
Similar package
appearance of different brands.
Anchoring & Adjustment
HeuristicConsumers arrive at an
initial judgment and then adjust it based on the
additional information.
SummaryConsumers are constructive decision makers and subject to many contextual influences. They often exhibit low involvement in their decisions, using many heuristics as a result
Credit
KOTLER, P. & KELLER, K. 2011. Marketing Management 14th Edition , Upper Saddle River, NJ, Prentice Hall(With due thanks to the owners of Photographs)
Disclaimer :Paras Arora
H.B.T.I. Kanpurduring an
internship by Prof. Sameer Mathur,
IIM Lucknowwww.iiminternshi
p.com