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Customer Groups Based on Brand Differences & Customer Involvement.
When determining how customers will act and how firms should address their customers it is important to understand how the variety of products and brands available to customers, as well as the differences between brands and products affect customer decisions. Additionally, the influence of the importance of the buying situation will influence consumer behavior as well.
Habitual Buying Behavior: Low Involvement by the customer & Few differences between brands/products
Variety Seeking Buying Behavior: Low Involvement by the customer & many differences between brands/products
Dissonance Reducing Buying Behavior: High Involvement by the customer & few differences between brands/products
Complex Buying Behavior: High Involvement by the customer & many differences between brands/products
Filmed in Mystic, CT
Copyright Mark Wolters 2018
Dear Marketing Student, Entrepreneur, or Interested Person, I am Dr. Mark Wolters an Associate Teaching Professor in Business Administration and I have been teaching marketing and business courses around the world since 2002. I hope that these marketing & business videos can help you learn more about business and help you succeed in class or in the business world. And yes, this is the same Mark Wolters from the KZbin travel channel Wolters World.
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