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Decision_Making_Process_of_customer

Decision Making Process of customer http://brandsfun.com/consumer-decision-making-process As a marketer, the biggest challenge today in getting the mindshare of the customer. There is a overdose of campaigns through mix of different media starting from SMS, print, digital, TV, outdoor, radio .Each brand claims to be better than other & lot of their campaigns are crafted with subtle imagery thrown around them by best of minds. This brings us to the basic question, what are basic rules of consumer decision making process? Decision Making Process of customer

Decision Making Process of customer
http://brandsfun.com/consumer-decision-making-process
As a marketer, the biggest challenge today in getting the mindshare of the customer. There is a overdose of campaigns through mix of different media starting from SMS, print, digital, TV, outdoor, radio .Each brand claims to be better than other & lot of their campaigns are crafted with subtle imagery thrown around them by best of minds. This brings us to the basic question, what are basic rules of consumer decision making process?
Decision Making Process of customer

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<strong>Decision</strong> <strong>Making</strong> <strong>Process</strong> <strong>of</strong> <strong>customer</strong><br />

As a marketer, the biggest challenge today in getting the mindshare <strong>of</strong> the <strong>customer</strong>. There is a overdose<br />

<strong>of</strong> campaigns through mix <strong>of</strong> different media starting from SMS, print, digital, TV, outdoor, radio .Each<br />

brand claims to be better than other & lot <strong>of</strong> their campaigns are crafted with subtle imagery thrown<br />

around them by best <strong>of</strong> minds. This brings us to the basic question, what are basic rules <strong>of</strong> consumer<br />

decision making process?<br />

Consumer decision making process<br />

The decision making process <strong>of</strong> the <strong>customer</strong> is remarkably consistent and almost everyone goes through a<br />

five stage decision making process as shown in exhibit below<br />

Gate 1.Awareness:-<br />

Has your <strong>customer</strong> heard <strong>of</strong> you as a brand?<br />

This covers the basic question. Has your <strong>customer</strong> heard <strong>of</strong> you as a brand?. If you are a brand who has<br />

been in business for years in B2C segment this may not be a challenging stage. But if you are a new brand,<br />

this stage presents a challenge to be present where the <strong>customer</strong> is. Research has shown that <strong>customer</strong>s<br />

generally prefer to pick up products that they have heard <strong>of</strong> as it reduces risk in his mind. That does not<br />

mean lack <strong>of</strong> awareness means those products won’t be picked up. In case <strong>of</strong> B2B brand, brand may be<br />

many a times ingredient brand. There are many cases where brands have moved out <strong>of</strong> being an invisible<br />

brand & become brand case in point being Intel<br />

Then there are commodity brands where brands do not have any role in consumer buying behaviour. These<br />

are low involvement products where <strong>customer</strong> does not feel like investing time to pick the product, he just<br />

picks up whatever is available at counter. An example <strong>of</strong> such case will be typical nails that are purchased.<br />

You just look at nails & pick it up & don’t think much about it


Gate 2.Familiarity:-<br />

Does <strong>customer</strong> know what category your brand is in?<br />

Once <strong>customer</strong> has seen the brand, he should know “what the brand can do “<br />

This stage caters to category identification. There are many a case where brands are seen & <strong>customer</strong> still<br />

does not recollect them at the point <strong>of</strong> purchase. Many new brands make mistake <strong>of</strong> building awareness<br />

without aiding to familiarity thereby dropping <strong>of</strong>f at this level in the decision making process.<br />

Gate 3.Consideration:-<br />

Does your brand meet <strong>customer</strong> needs?<br />

This is a predominantly a rational process .The <strong>customer</strong> is now aware what your brand is & now starts to<br />

evaluate whether it meets his needs rationally. If a <strong>customer</strong> looks to buy a television, he basically looks at<br />

all the brands that he is aware. Then picks some brands basis the attributes that he is looking at. He then<br />

checks with his friends, does internet searches, visit some shops to figure out some brands which fit in his<br />

basic criteria.<br />

Gate 4.Brand Preference:-<br />

Does your brand meet my needs better than others?<br />

While previous stage was mostly a rational process,this is an emotional one. Basically all the brands that<br />

feature in the previous stage have all the features that <strong>customer</strong> is looking for. Now <strong>customer</strong> starts looking<br />

at “which <strong>of</strong> these brands meets my needs better”. Mostly it does get down to subjective & emotional<br />

decision basis the discussion he would have had with his peers or basis his past experience<br />

This applies to not only the B2C business but also the B2B business .Many a times deals at B2B business<br />

gets closed at this stage. So the firms are being shortlisted for a deal & asked to come to pitch. Once they<br />

come to pitch, there are being evaluated not on whether they can do the job, but what is the team that they<br />

bring to do the job<br />

Gate 5.Brand Loyalty:-<br />

“Does the brand live upto its brand promise”?<br />

At this stage the brand has been bought & experienced and it leads to series <strong>of</strong> decisions by <strong>customer</strong>.<br />

Should he purchase the same next time? Has it fulfilled his demands? Has it made him happy by using it?<br />

If brand can succeed through all these then we reach the ideal situation in the consumer decision making<br />

process,ie <strong>of</strong> brand loyalty

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