Complex buying Behavior
When the consumers are highly involved in a purchase and observe significant differences between the brands then the consumers undertake complex buying behavior. Such type of behavior occurs when the customer is trying to buy a product which is risky, expensive, and is purchased infrequently such as cars, computers, house etc. Therefore in order to make final decision, the customer tries to learn more about the product such as product features, attributes, quality, durability, reliability etc. For this purpose, the customer seeks information from various sources such as print media and electronic media and develops a particular belief and attitude towards the product. He only makes the final purchase decision when he is fully satisfied. Therefore it is very important for the marketers of high-involvement products to understand the information gathering and evaluation processes of customers. Marketers should also help the customers to easily gather information about the products of company and they should also differentiate their products from the competitors.
Dissonance-Reducing Buying Behavior
Consumers undertake dissonance-reducing buying behavior when they are highly involved in a purchase and observe insignificant differences between the brands. Such type of buying behavior occurs when the product is expensive, risky and is purchased infrequently but the differences between the brands are insignificant. It means that the customer can purchase product from any anywhere without considering the brand. For example the consumer buying furniture will observe dissonance-reducing buying behavior because on one hand the product is expensive whereas on the hand it is in the given price range.
Habitual Buying Behavior
If the involvement of consumers is low and they perceive few differences among the brands, then the consumers undertake habitual buying behavior. Such type of behavior occurs when the consumers buy low cost, frequently purchased products. For example, purchase of milk, bread, salt etc requires low consumer involvement and does not contain significant differences between brands. In such cases, brand loyalty does not occur and consumers only purchase products of particular brand because of their familiarity. For this purpose, customers do not gather information for the brand. Therefore marketers have to increase the familiarity of their products with the help of attractive prices and sales promotion.
Variety-Seeking Buying Behavior
Variety-seeking buying behavior occurs in a situation of low consumer involvement but significant brand differences. For example, purchase of shoes, soaps, detergents, etc. Customers try to use different brands of such products because they want to check variety of products. This is the reason that most of the consumers do a lot of brand switching in case of variety-seeking buying behavior. Under such circumstances, both leaders and challengers have to adopt different strategies to attract the customers. For example leaders have to adopt the strategy of encouraging the habitual buying behavior with the help of extensive advertisement and dominating shelf space. Whereas challengers have to encourage the variety-seeking buying behavior by offering products at low prices, providing free sample and special discounts etc.
It was excellent……
THIS NOTE IS SIMPLIFIED AND SELF EXPLANATORY.
It cool but will need more breakdown
whats different between Customer and consumer? Please explicity explaine
customer is a buyer who only buy that product he does not use it….and he may can sell it to other while at there other side consumer is a buyer who buys any product and also use it…for example if some one buy pepsi for his friend then the person who is buying pepsi is cutomer….and if he buys pepsi and after buying he drinks it then he is the consumer…
These articles are very nice………….
Am so pleased wiith these article
oh! this is great, i really appreciate, it helped me at my point of need
very nice and helpful
dhankssssssssssssssssssssss
its awosame
It is really helpful. thankzzzzzzzzzzzzzzzzzz
its very good and easy i like it
Thanks many many thanks
This is very detailed.I enjoy it.What should marketers do to win consumers involved in Dissonance reducing buying behaviour?
thankyouuu so much. it really helped me alot…
very understanding
thanks for this simplified notes and understandable!!!
thanks for this simplified notes and understandable!!!
It really helped me alot!!
thanks a lot. its easy , short and understanble.
nice, thanks
Thanks, its easy and understandable.
NICE INFORMATION………….. THNX
Good like the examples
thats a good
it is well done. really admirable
it good but lack examples
it is realy helpful
so informative
Ohh finally, l got the clear and easy answer, So helpful
-thank you ????????
Sir maza a gya mtblll innnaaaa simple taaaa streight with example ????
Thanks its really helpful to understand the differences about buying decision behavior ?
very informative.Glad