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

Explain about the specific information questions, Explain about the specifi...

Explain about the specific information questions The specific information questions are questions directly associated with research objectives. They mostly involve numerous sca

Surrogate information errors, Surrogate Information Errors: this type of er...

Surrogate Information Errors: this type of error occurs when the information sought by the researcher is different from the information needed to solve the problem. For example whe

Duty exemption scheme, Duty Exemption Scheme: The Duty Exemption scheme co...

Duty Exemption Scheme: The Duty Exemption scheme consists of Duty Free Licence and Duty Entitlement Pass Book. Duty Free Licence includes Advance Licence, Advance Intermediate

Purpose of writing research report, PURPOSE OF WRITING RESEARCH REPORT ...

PURPOSE OF WRITING RESEARCH REPORT Three main purposes are there for writing a research report. These are: i) Writing report for partial fulfillment of your degree. ii)

Henry Assael Model, explain Henry Assael Model of buying decision behavior ...

explain Henry Assael Model of buying decision behavior along with the diagram”.

Economic model of consumer behaviour, Q. Economic model of consumer behavio...

Q. Economic model of consumer behaviour? Economic model: Economic model of consumer actions is one-dimensional. This denotes that buying decisions of a person are governed b

What is cost-plus pricing method, Question: (i) What is cost-plus prici...

Question: (i) What is cost-plus pricing method? Why is its application particularly problematic in service industries? (ii) Discuss the factors which might influence the p

What are the motivational conflicts, Q. What are the Motivational conflicts...

Q. What are the Motivational conflicts? Motivational conflicts: _ Positively valued goals means consumers are motivated to approach the goal and will seek out products tha

Rate of interest, Rate of Interest: The interest payable on pre-shipment f...

Rate of Interest: The interest payable on pre-shipment finance is usually lower than the normal rate, provided the credit is extinguished by lodging the export bills on remittance

Advance against undrawn balances, Advance against Undrawn Balances : In so...

Advance against Undrawn Balances : In some of the export business, it is the trade practice that the bills are not drawn for the full invoice value of the goods. A small part of t

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