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

Unfair trade practices of MRTP act, Unfair Trade Practices of MRTP Act ...

Unfair Trade Practices of MRTP Act For preventing deceptive as well as misleading advertisement MRTP Act has declared convinced trade practices as unfair. These inequitable Tra

Makerting mix, #quest explain the ansoff product or makerting mix and its r...

#quest explain the ansoff product or makerting mix and its revance in makerting.

IN DEPTH, I WANT TO KNOW THAT WHAT IS INTERNET OF THE FUTURE WHAT IS WHAT I...

I WANT TO KNOW THAT WHAT IS INTERNET OF THE FUTURE WHAT IS WHAT I AM CURRENTLY STUDING IN MY MASTERS OF BUSINESS ADMINISTRATION ABOUT CUSTOMIZATION WOULD YOU KINDLY PROVIDE ME SOME

What is the drawback of selling concept, What is the drawback of selling co...

What is the drawback of selling concept? Selling Concept : Drawback: Selling relies onto buyer’s manipulation. All the buyers can’t be manipulated and a buyer can’t be ma

How a buyer can decides in making a purchase, How a buyer can decides in ma...

How a buyer can decides in making a purchase? A buyer has to take few decisions while making a purchase. For such decision there are several situations/transaction made through

Consumers confound marketers, difference between marketing efficiency and m...

difference between marketing efficiency and marketing effectiveness

Marketing channels, If a consumer buy an items through a catalog over the p...

If a consumer buy an items through a catalog over the phone with a credit card, is the credit card company a channel member? if the product is delivered by FedEx, is the FedEx a ch

Full market coverage, Full market coverage: here a firm concentrates on se...

Full market coverage: here a firm concentrates on serving many needs of a particular customer group. Only very large firms can undertake a full market coverage strategy. Examples

Media Plan., Assessment 2 Written or Oral Questions Base on Samsung Sliding...

Assessment 2 Written or Oral Questions Base on Samsung Sliding PC 7 Series. 1. What are the different media which you propose to choose & why? 2. Mention the budget allocation for

Types of the decision process, Types of the decision process: the decision...

Types of the decision process: the decision making process varies with the type of the product involved. There will be a lot of difference in the decision making process involved

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