Explain engel-kollat-blackwell model, Marketing Research

Assignment Help:

Explain Engel-Kollat-Blackwell Model

Variables grouped into following categories

a) Stimulus inputs

b) Information processing

c) Decision process and

d) Variables

Manipulate the decision process

Strength of model

Deals with a low-involvement situation. It is recommended that in low involvement situation the degree to which the various stages in the model are undertaken decreases

Problems with model

No way of testing example If had idea of personality characteristics how could they be applied or else measured in relation to predicting buyer behaviour.

  • Lack of specificity that is variables are named in superficially plausible way but not specified in any operational detail

i. Information processing

ii. Central control Unit

iii. Decision Process and

iv. Environmental influences

i.Information processing: this component encompass the consumer's selective attention, comprehension, exposure and retention of stimuli relating to a product or else brand received from marketing and non-marketing sources. As a marketer the first step is to make sure that a consumer is exposed to your message or stimuli put attention to it understands what it is all about and as well remembers it.

ii. Central Control Unit: The stimuli thus received as well as retained are processed in the central control unit. The stimuli is processed as well as interpreted with the help of four psychological filter:

a. Stored information as well as past experience about the product/brand which serves as a memory for comparing different alternatives;

b. Evaluative criteria which the consumer utilizing in judging the alternatives

c. General as well as specific attitudes which influence the purchase decision

d. Basic personality traits which manipulate how the consumer is likely to respond to various alternatives.

iii. Decision process: Its component of the model consists of:

a. Problem recognition

b. Internal search as well as evaluation

c. External search as well as evaluation

d. Purchase processes

e. Decision outcomes

If the purchase decision is such that it needs extensive problem solving the consumer would go through all the above five stages. In case of limited problem solving or else reutilised response behaviour a few of the intervening stages may be skipped as well as the consumer may directly reach the purchase decision.

iv. Environmental Influences: The environmental factors that may well influence the consumer's purchase decision are culture, family, income, social class and physical situations. Depending on the definite product under consideration these factors may have a favourable or else unfavourable influence on the purchase decision.


Related Discussions:- Explain engel-kollat-blackwell model

Several factors of cultures to adopt new products, Q. Several factors of cu...

Q. Several factors of cultures to adopt new products? Cultures are likely to adopt new products more quickly than others based on several factors: Modernity : The degree to

Critical success factors, Develop vision, mission, objectives and measures ...

Develop vision, mission, objectives and measures of these (a)  In layman's language define the terms vision and mission statement and values and how the effectiveness of these c

State the nature of research, State the Nature of Research The nature o...

State the Nature of Research The nature of research are as below:- (1) Objective & Logical: - Research strives to be logical and objective, applying each possible test

What are the different needs and motives of the consumer, Q: What are the d...

Q: What are the different needs and motives of the consumer according to which a consumer buy the product? Ans: Needs : Requires can be explained in the following manner:

Management approach to entrepreneurial theory, The management approach woul...

The management approach would advocate the position that entrepreneurs can be made. Discuss the management approach to entrepreneurial theory by making reference to the key researc

Describe the term - materials, Describe the term - Materials Materials...

Describe the term - Materials Materials department uses research to create suitable policies regarding. Where to buy? How much to buy? When to buy? At what pric

Illustrate feedback stage in organisational buying, Q. Illustrate feedback ...

Q. Illustrate feedback stage in organisational buying? The feedback stage: This stage is anxious with the establishment of order routine performance feedback and so on and henc

Types of cover issued by ecgc, TYPES OF COVER ISSUED BY ECGC : The covers ...

TYPES OF COVER ISSUED BY ECGC : The covers issued by ECGC can be broadly divided into four groups: i) Standard Policies issued to exporters to protect them against payment risk

Sales tax exemption , Sales Tax Exemption : Purchase of goods meant for ex...

Sales Tax Exemption : Purchase of goods meant for exports are exempted from sales tax including Central Sales Tax. However, the purchaser of goods has to be a registered dealer fo

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