The Buying Process

The Buying Process

Every product or service has a buying process, even digital products and services. In this assignment, you will research and analyze the buying process for an online product or service, with which you (as a consumer) are familiar, from a business point of view.

Begin by researching an online consumer product or service (such as an e-Book from the Kindle store or a movie from the iTunes store). Choose an online product or service with which you are familiar and have purchased in the past.

Next, write a report to evaluate its buying process from the marketer’s point of view using the five stages of the buying decision process.

Remember, the five stages are as follows:

1. Problem recognition 
   
   
2. Search and determination of alternatives 
   
   
3. Evaluation of alternatives 
   
   
4. Purchase decision 
   
   
5. Post-purchase evaluation