Friday, April 2, 2010

Response to Jackie Cook's Post...

“What was the last product you purchased? Under which category of consumer goods would you classify it as? Explain.”

Let’s see, the last product I purchased was a new phone. This classifies as a consumer product because, as Jackie stated, it satisfied a personal need not a business need. I did not need a new phone for my place of business. I got a new phone because I personally wanted it. This purchase could be classified under 2 of the consumer product categories: shopping and specialty. I did my homework in figuring out which phone I wanted, which phone would meet most of my needs, and what amount I was willing to pay for it. I had no problem spending money on a phone if it met all or most of my requirement; I also put in a great deal of time researching the various brands and models of phones to make sure I got the best possible option for my personal needs. This could all be classified as shopping.

This purchase also fell under the specialty classification. A new phone posed a unique characteristic to me. I also did not have a problem putting in the time, effort, and money to obtain this product; as I previously stated. As Jackie stated, a purchase of a product may fall under several different categories; each product does not have its own classification. For example, a car could fall under a shopping, specialty, and unsought classification all at the same time. Unsought because maybe the persons car broke down (sudden problem) and now they are in need of a new car; whereas before the break down the person did not see the need of looking for a new car. It also falls under the shopping classification because the buyer is willing to put in the effort to research and buy the new car. Last, the specialty classification because once they make a decision they are willing to go to any means necessary to obtain a product. Certain purchases can be classified under certain categories by the needs they meet and how far the consumer is willing to go to meet those needs. A product might meet a certain classification for one person but it could meet an entirely different classification another.

So now I as the same question to you: what was the last product you purchased? Under which category of consumer goods would you classify it as? Explain?

Tuesday, March 30, 2010

Consumer Buying Decision Process and Consumer Problem Solving Process

The consumer buying decision process consists of 5 stages: problem recognition, information search, evaluation of alternatives, purchase, and postpurchase evaluation. This is a process that people make when they realize there is a problem and they need to address it. This process can be broken off at any point when the consumer decides it is not worth it.

Do you really think we go through this process all the time? I think it all depends on what kind of problem solving response we use. If we use the routinized response-where we don’t have to think much about buying frequent, low cost items-then I feel we can skip through stages of this decision process. For example, we realize we’re out of ketchup. Once we recognize this problem, we go to the store and buy another bottle, skipping over the information search and evaluation of alternatives. This makes purchasing the item easier and eliminates the cognitive dissonance in the postpurchase evaluation. The 2 topics of consumer problem solving process and consumer buying decision process are heavily intertwined. I personally feel in some cases you have to use one in order to finish the other.

For instance, another example would be buying a new car. You would definitely use the extended problem solving process for this because you would want to make sure you’re getting the best deal possible. You would recognize the problem of needing or wanting a new car and start into the information search. This process would be extremely important because you would want to be well educated before spending a lot of money. You would definitely take into account all of the possible influences that affect this process. You would be aware of your physical surrounding; an SUV might be more practical than a Lexus, you would take into account your role and your family; a 6 passenger vehicle would be better for kids than a coupe; and you would also rely on your own perception and motives. Once you figured out what you were looking for you would engage in evaluating alternatives, something that is done in the buying decision process and in extended problem solving. One brand may have more features than another, or a certain brand may have a higher level of safety and customer satisfaction than a leading competitors. Once you eliminated alternatives you then purchase the car (product) and start on the postpurchase evaluation. Depending on the frequency of the item or the amount of money spent, you might run into more cognitive dissonance. You probably wont feel as guilty buying a bottle of ketchup as you might buying a $70,000 Lexus.

Depending on which problem solving process you use, it depends on how in depth your buying decision process is. When you constantly or frequently purchase an item I feel there is no subconscious process, you buy it and go; you don’t think twice about it. But the items that are purchased less frequently or even rarely, you engage in deeper levels of problem solving and buying decision processes.

How do you feel? Do you feel we always engage in the processes whether we know it or not?