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Showing posts from June, 2023

Perceptual Mapping

Perceptual Mapping is a way of displaying the location of products or brands in a consumer's mind.  The below image is an example of popular laundry detergents and how consumers might rank them, based on cost per load and effectiveness.  

Week 3 - Consumer Behavior

 There are stages the consumer goes through during a purchase decision.  Problem recognition is the first stage-the consumer must identify a need.   After recognizing a need, they then begin the information search (internal and external).  This could be anything from your recall of previous brands you’ve used, to looking into company websites and stores carrying the item you are looking for.  The Alternative Evaluation stage follows the information search.   This is where the consumer clarifies the information gathered, usually by suggesting criteria to use for the purchase, yielding brand names that meet the criteria, and developing consumer value perceptions.   The next stage, the purchase decision, is when you are about ready to make the purchase, but still have some choices to make such as what store and when to buy. The final stage is the Post Purchase Behavior when you realize the value and compare it with your personal expectations....

Welcome!

  Hello!  Welcome to my Marketing Blog.  My name is Shashanna.  I just started taking college courses again after putting in on hold almost 20 years ago.  I currently work full time, and am a mother of 3.  If I'm not working, you'll find me at a ball field, carpooling kids, or on my laptop getting classwork in!  I am working on my degree in Business Administration.  I currently work as an Associate Business Development Manager.  I am very excited to learn about Marketing through this course.