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Module 7 - Consumer Behavior

Why It Matters: Consumer Behavior

Why learn about consumer behavior? Please welcome a new arrival At 1:26 a.m. this...

Learning Hacks: Should I Ask For Help?

THE HACK If you aren’t sure if you are understanding, reach out to a peer or a teacher for help....

Buying-Process Stages

What you’ll learn to do: describe the stages of the buying process Take a moment to think about ...

The “Black Box” of Consumer Behavior

The relationship between the customer (also called the buyer) and the provider (the seller) forms...

Buying-Process Stages

The Consumer Decision Process Figure 1 outlines the process a consumer goes through in making a ...

Low-Involvement vs. High-Involvement Decisions

What you’ll learn to do: explain the different buying processes for low-involvement and high-invo...

Low-Involvement vs. High-Involvement Decisions

How Involved Are You? You’re at the grocery store, looking at the dog food selection. How long...

Factors Influencing Consumer Decisions

The consumer decision process helps you understand the steps people go through when they are deci...

Influences on Consumer Decisions

What, Exactly, Influences a Purchasing Decision? While the decision-making process itself appear...

Situational Factors

Buying Task The buying task refers to the consumer’s approach to solving a particular problem an...

Personal Factors

In addition to situational factors, there are also individual traits and characteristics that can...

Psychological Factors

Consumer Decisions and the Workings of the Psyche When we talk about psychological factors that ...

Video: Consumer Attitudes

Putting Consumer Attitudes and Beliefs to the Test Just how powerful are consumer attitudes and ...

Social Factors

People Influencing People Social factors represent another important set of influences on consum...

B2B Purchasing Decisions

What you’ll learn to do: explain the B2B buying process and factors influencing B2B purchasing de...

Organizational Buyer Behavior

Individual consumers are not the only buyers in a market. Companies and other organizations also ...

Video: Complexities of a B2B Solution Sale

With the rise in mobile communications, Air Canada found itself in a situation where its technolo...

The Organizational Buying Process

Making B2B Buying Decisions The organizational buying process contains eight stages, which are l...

Putting It Together: Consumer Behavior

Applying the Concepts: Finn’s Family Buys a Pet Do you remember Finn, the newest little consumer...

Module 7 Discussion: Customer Profile

Instructions Write a post for the Discussion on this topic, addressing the questions below. Each...

Questions

1. The relationship formed between the seller and the customer after they both assess trade-offs ...

Glossary

Attitude: A person's evaluation of a product, service, or concept, based on their beliefs, fe...