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Decision Making

How consumers go about making decisions:

No one size fit all.

Some decisions are more


Consumer
important than the other.
Decision
Sometimes the decision-
making process is almost
automatic, other time it
Consumer decision making is a
central part of consumer behavior, takes a process that
but the way we evaluate and resembles a full-time job.
choose products varies widely.
Inside the Decision-Making Process

Constructive Processing Mental Budget


Evaluate the effort needs to make Helps to estimate what we will
a particular choice & tailor the consume over time so that we can
amount of cognitive effort that regulate what we do in the
expends to get the job done. present.
The Three Buckets
Cognitive Habitual Affective

Deliberate, Behavioral,
rational, unconscious Emotional,
sequential. , automatic. instantaneous.
Consumer Involvement
Why different consumers may approach
the same choice situation from very different
perspectives.

Involvement is a persons perceived relevance of the object


based on their inherent needs, values and interests.
The way we evaluate and choose a product depends on our
degree of involvement with the product, the marketing
message, and/or the purchase situation.
Product involvement can range from very low, where
purchase decisions are made via inertia, to very high, where
consumers form very strong bonds with what they buy.
Conceptualizing Involvement
Types of Involvement
Types of Involvement
Product A consumers level of The more closely marketers
interest in a particular can tie a brand to
product. individual the higher the
involvement they will
create.
Message Different qualities media Boost a persons motivation:
vehicle possess that Use novel stimuli, use
influence our motivation to prominent stimuli, celebrity
endorsers, provide value that
pay attention to what they
consumer appreciate, invent
tell us. new media platforms to grab
attention, create spectacles
where the message is a form
of entertainment.
Situational Takes place with a store, One way to increase it by
website, or a location personalize the messages
where people consume a shoppers receive at the
product or service. time of purchase.

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