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 stratified sampling in details, Explain stratified sampling in deta...

Explain stratified sampling in details. Answer Stratified sampling is a probability sampling technique that is distinguished by two-step procedure it involves. In first st

Introduction-management of exchange risks, INTRODUCTION : You have learnt ...

INTRODUCTION : You have learnt about export credit insurance in Unit 9. As you know, export business involves exchange of currency of one country for that of another country. This

Schedules of reinforcement, Q. Schedules of reinforcement? An additiona...

Q. Schedules of reinforcement? An additional issue is schedules of reinforcement and extinction . Extinction takes place when behaviour stops having consequences and the behav

Searching Market Research Tutor, Do you have any good tutor who can deliver...

Do you have any good tutor who can deliver assignment for Market Research ?

Explain concept of personality and self concept, Q. Explain concept of pers...

Q. Explain concept of personality and self concept? Personalit y can be explained as the psychological characteristics that both determine and reflect how a person responds to

Documents in support of claims, Documents in Support of Claims:  Every cla...

Documents in Support of Claims:  Every claim has to be supported by documentary evidence. Important documents that should accompany the claim forms are the following: a) Certif

Central excise formalities, CENTRAL EXCISE FORMALITIES : It is a common pr...

CENTRAL EXCISE FORMALITIES : It is a common practice all over the world that the exports are not to bear the burden of indirect taxes. Export goods are either exempted from such t

Objective- exports document, After studying this unit, you should be able t...

After studying this unit, you should be able to: I describe the reasons for documentation in export trade 1.  Explain functions of different kinds of documents needed for perfor

Export of spares, Export of Spares: Warranty spares, whether indigenous or...

Export of Spares: Warranty spares, whether indigenous or imported, of plant, equipment, machinery, automobiles or any other goods may be exported upto 7.5% of the FOB value of the

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