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MBA Boot Camp: Consumer Behavior (4.4)
Alex LeClair Alex LeClair

MBA Boot Camp: Consumer Behavior (4.4)

Consumers don't just wake up and buy things. They go through a psychological journey. Marketers must build tactics for all five stages:

  1. Need Recognition: The consumer realizes they have a problem. (My car broke down).

  2. Information Search: They look for solutions. (Googling "best reliable used cars").

  3. Evaluation of Alternatives: They compare options. (Honda vs. Toyota).

  4. Purchase Decision: They actually buy. (Signing the paperwork).

  5. Post-Purchase Behavior: How they feel afterward. (Marketers send "welcome" emails and warranties here to reduce Cognitive Dissonance).

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