What a Consumer goes through when buying a cornetto!
Every marketer
needs to understand what his consumer thinks when he/she busy his product.
Every consumer is different, coming from different backgrounds, social groups -
families with different cultural values, geographical regions. All these small
factors influence the decision a consumer makes when he buys a product. Even
the age and his personality affect the choice of product.
Thus, every
marketer should try to get an insight on the consumer’s perception, what
motivates the choices, what causes the learning process, emotions involved
behind the emotions and the associations a consumer makes with the brand.
Over the years,
the marketers have been successful to determine a model to understand the
buying decision process of a consumer –
THE BUYING DECISION
PROCESS: THE FIVE-STAGE MODEL
To
grab a better understanding of how this model works and can be applied to any
consumer irrespective of its background, I will see what a consumer thinks before he buys a cornetto.
STAGE-1:
Problem Recognition
Say a group of
friends comes out of college and wants to have something cold or just are
hungry. Here, what is happening is that the consumer is establishing the
requirement to solve the problem of hunger or the heat, which is making
uncomfortable, and they believe something cold would solve their problem.
STAGE-2: Information Search
Now, this group of
friends would search for products that are cold, maybe water, a cold drink, a
cold coffee or an ice cream. After going through the shops and seeing what all
they have to offer, they make a pool of options with them.
STAGE-3: Evaluation of Alternatives
The group of
friends would now decide if they would go for a cold coffee of some vending
machine, a cold drink – Coke or Pepsi; or pick an ice cream each – Cornetto,
flavors available in cups. They would discuss the price, flavors, taste and
preferences before moving onto the next step.
STAGE-4: Purchase Decision
This stage is very
crucial for marketers for this stage will decide what consumers will choose.
Here, the group of friends will evaluate what they will buy. The friends will
now see that Cornetto is available in Rs.20 and Rs.40 and coke can get
expensive. A small Cornetto will solve the purpose of something cold and
hunger.
At this point, the
friends take out their valets, pay the shopkeeper and walk out with a Cornetto
in each hand.
STAGE-5: Post Purchase Behavior
A marketer cannot forget the friends now,
since the purchase was made. He has to make sure the friends enjoyed their ice
creams, whether their cones were firm or soggy, the taste was like what they
expected or not. Getting feedback helps them to gain loyalty of their
customers.
STUDYING BEHAVIOR
The above model
clearly explains that a person, who just needs something cold, goes through so
many levels of thinking which even he doesn’t realize. It is because he is
doing subconsciously. Marketers need to get an insight of what happens in the
subconscious mind of the consumer. This is why consumer behavior is a very
important aspect which every marketer tries to understand before launching any
product in the market or coming up with the value proposition.
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