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

Commercial dimension-need for cargo insurance, Commercial Dimension : From...

Commercial Dimension : From the point of view of an exporter, a transaction is complete as soon as the importer either pays for the bill of exchange on its presentation or he unde

Steps in the marketing process, Q. Steps in the marketing process? Ther...

Q. Steps in the marketing process? There are a range of alternative models however that of AIUAPR which most directly links to the steps in the marketing/promotional process is

Procedural formalities , Procedural Formalities : The ECGC has three types...

Procedural Formalities : The ECGC has three types of claim forms: (i) Form No.501 for claims rising due to non payment for goods accepted by the buyer, (ii)Form No.502 for claims

Explain the process of consumer buying behaviour, Q: Explain the process of...

Q: Explain the process of consumer buying behaviour? Ans : The buyer decision process comprises the following steps: 1. Need recognition 2. Look for information on prod

What are the benefits of using projective techniques, What are the benefits...

What are the benefits of using projective techniques in comparison to focus groups and in-depth interviews? Answer Projective techniques have a major benefit over focus gro

Rbi code number-other provisions, RBI Code Number: This code number is...

RBI Code Number: This code number is a requirement under the Foreign Exchange Regulation Act (FERA). For obtaining the code number, the firm has to apply to the Divisional Off

Assignment, how should i write my assignment

how should i write my assignment

Export licensing, Export Licensing:  As you know that all goods may be exp...

Export Licensing:  As you know that all goods may be exported without any restriction except to the extent such exports are regulated by the Negative List of exports. The Negative

Advertisment, Ask 1 A Chennai based soft –drink company has proposed to lau...

Ask 1 A Chennai based soft –drink company has proposed to launch a new variant of Soft-drink in three flavours lemon , rose , and orange priced at Rs.6 /- ,Rs.7/- Rs.8 /- in 300ml

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