LO 4-2 Distinguish among three variations of the consumer purchase decision process: extended, limited, and routine problem
Question:
LO 4-2 Distinguish among three variations of the consumer purchase decision process: extended, limited, and routine problem solving.
Consumers don’t always engage in the five-stage purchase decision process. Instead, they skip or minimize one or more stages depending on the level of involvement—the personal, social, and economic significance of the purchase.
For high-involvement purchase occasions, each of the five stages of the consumer purchase decision process is used and considerable time and effort are devoted to the search for external information and the identification and evaluation of alternatives. With limited problem solving, consumers typically seek some information or rely on a friend to help them evaluate alternatives. For low-involvement purchase occasions, consumers engage in routine problem solving. They recognize a problem, make a decision, and spend little effort seeking external information and evaluating alternatives.
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