Buying roles, Marketing Management

Assignment Help:

Buying roles: marketers have to go beyond the various influences on buyers and develop an understanding of how consumers actually make their buying decisions. Specifically, marketers identify who makes the buying decision, the types of the buying decisions, and the steps in the buying process.

Buying roles: a big task before the marketer is to identify the target buyers of the particular new product. The marketer has to know who makes the buying decision for the particular product category. Very often, most of the purchase decisions involve a decision making unit (DMU) comprising of more than one person. So he has to understand the role of the various people, involved in the decision making process. The person's involved can play either of these roles.

1.       Initiator: the initiator is a person who first suggests or thinks of the idea of buying the particular product. For example, publisher of a book on marketing management initiates the professor to ask the students of his class to purchase the book. Here is the publisher is the initiator, the first person to initiate the buying process.

2.       Influence: influence is a person, whose views or advice is given weight age while taking the final decision, students are influenced by the advice is given of the professor while taking a decision to purchase a book. Here professor is the influencer.

3.       Decider: the decider is a person who ultimately determines any part or whole of the buying decision, whether to buy, what to buy, how to buy, when to buy or where to buy. Children are the deciders for buying the toys, house lady for kitchen provisions, and head of the family for durable or luxury items.

4.       Buyer: the buyer is the person who actually purchase. Buyer may be the decider or he may be some other person. Children (deciders) are the deciders for purchasing the toys, but purchases are made by the parents. Thus, parents are buyers.

5.       User: user is the person who actually uses or consumers the services or the products. It will be very useful for the company, if it is able to identify the roles of the persons involved in the decision making process because this information will help them in designing the product, do allocation for the promotional budget and work out the communication media and decide on whom to direct the message also.


Related Discussions:- Buying roles

Business environment, assess the impact of fiscal and monetary policy on bu...

assess the impact of fiscal and monetary policy on business organisation and their activities ?

What is life style in the consumer behaviour, What is life style in the con...

What is life style in the consumer behaviour? Life Style: This is a pattern in that people live and spend their time and money. These are depends on consumer’s learning,

What are aspects of activities use in green marketing, What are aspects of ...

What are aspects of activities use in green marketing? At workshop of green ecological marketing was explained as the study of the positive and negative aspects of activities

Equations Solvable for p, Suppose the equation F (x, y, p, …., pn) = 0 on s...

Suppose the equation F (x, y, p, …., pn) = 0 on solving for p is expressible as (p – ƒ1) (p – ƒ2) …. (p – ƒn) = 0, Where ƒi’s are functions of x and y. Then P – ƒi = 0, I = 1, 2

Show the disadvantages of support media, Q. Show the Disadvantages of Suppo...

Q. Show the Disadvantages of Support media ? 1) Detailed message can't be given by support advertising as passerbies' view the signboards are only for few seconds. 2) Someti

Iibm instititute of business management, 1.Considering the concept of produ...

1.Considering the concept of product life cycle, where would you put video games in their life cycle?

Differance between low-context and high-context cultures, Questions ...

Questions Explain how an overseas nation's level of economic infrastructure can influence an international marketer's decision as to the viability of marketing to that count

Describe the purpose of a knowledge base, Question: e-HRM is a way of i...

Question: e-HRM is a way of implementing HR strategies, policies and practices with the full use of web-technology channels. (a) Describe the different ways in which e-HR a

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd