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Knowing Which Stage of the Purchase Decision Process the Consumer

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Essay

Knowing which stage of the purchase decision process the consumer is in can affect the promotional mix. How does the importance of advertising, personal selling, and sales promotion change as a consumer moves through stages of the decision process?

Identify distinct cultural syndromes and their characteristics.
Appreciate the role of cultural relativity in cognitive processes.
Acknowledge the influence of schooling and literacy on cognitive development.
Distinguish between individualistic and collectivistic cultures.

Definitions:

Investment

The allocation of resources, such as capital or time, in the expectation of receiving future benefits such as income or growth.

Reciprocal Determinism

A concept in psychology positing that a person's behavior both influences and is influenced by personal factors and the social environment.

Cognitive Factors

Elements related to mental processes such as perception, memory, language, and problem-solving.

External Environment

All outside factors and influences that impact the operation, success, and decision-making processes of an organization or individual.

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