Buyer Behavior

Essay specific features

 

Issue:

Business

 

Written by:

Leigh H

 

Date added:

August 29, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

14 / 3912

 

Was viewed:

1100 times

 

Rating of current essay:

 
Essay content:

A simple starting point of understanding buyer’s behaviour is to take a basic model of consumer response. The inputs to the decision process are the range of psychological, sociological, economic and situational factors. The outcome is the decision: whether or not to purchase; whether to purchase now or to defer; where to buy from etc...
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In between the input and output is the decision making process which determines how the buyer translates complex information into decisions and the process differs for each consumer. The basic model of buyer behaviour, however does not explain how a decision is made. For this a number of models have been developed...
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