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Levels of Consumer Decision Making

Levels of consumer decision making

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Page 1: Levels of consumer decision making

Levels of Consumer Decision Making

Page 2: Levels of consumer decision making

Consumer Decision making process

• The consumer decision making process is complex with varying degree.

Based on the effort put in by the consumer ranging from very high to very low, it can be distinguished into three specific levels of consumer decision making.

Page 3: Levels of consumer decision making

Cont1) Extensive Problem Solving ( EPS )

When consumers buy a new or unfamiliar product it usually involves the need to obtain substantial information and a long time to choose.

They must form the concept of a new product category and determine the criteria to be used in choosing the product or brand.

Page 4: Levels of consumer decision making

Cont2) Limited Problem Solving ( LPS)

• Sometimes consumers are familiar with both product category and various brands in that category, but they have not fully established brand preferences.

They search for additional information helped them to discriminate among various brands.

Page 5: Levels of consumer decision making

Cont

3) Routine problem Solving( RPS)

When consumers have already purchased a product or brand, they require little or no information to choose the product. Consumers involve in habitual and automatic purchases.

Page 6: Levels of consumer decision making

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