Consumer Behavior 3

Tefa
Chapter13Part1.pptx

Chapter 13 Decision Making II: Alternative Evaluation and Choice Part 1

Review: The Decision Making Process

Evaluative Criteria

The attributes, features, or potential benefits that consumers consider when reviewing possible solutions to a problem

Features:

Characteristics that describe what the product does

Benefits

Describe what the features do for the consumer. What’s in it for me?

Examples of Features and Benefits

Product Example – Keurig coffee maker

Some Features:

Automatic

Choice of 3 cup sizes (6 oz., 8 oz. and 10 oz.)

Removable 48 oz. water reservoir

Quiet Brew Technology®

Energy Savings Mode – Auto Off

Comes in four colors

Price $99.99

Keurig® K45 Elite Brewing System

Benefits of selected features

Selected Features

Automatic

Choice of 3 cup sizes (6 oz., 8 oz. and 10 oz.)

Removable 48 oz. water reservoir

Quiet Brew Technology®

Energy Savings Mode – Auto Off

Comes in four colors

Benefits of each feature

Easy to use

Variety to fit your mood/thirst

Reduces mess, easy to clean up

Won’t make a lot of noise

Won’t have to worry about it catching on fire

Can match your other appliance

Exercise

Think of a product you own

What is one feature of that product?

What benefit do you get from that product’s feature?

Determinant Criteria

The evaluative criteria that are related to the actual choice that is made

In other words, these are the reasons you picked one brand over the other.

Determinant Criteria – What is most important?

Exercise

Using the same product you described earlier:

What were the two most important determinant criteria that influenced your decision to purchase that product over another similar one?

Types of Evaluation Processes

Affect-based evaluation

Evaluate products based on the overall feeling that is evoked by the alternative.

Attribute-based evaluation

Evaluate alternatives across a set of attributes that are considered relevant to the purchase situation.

With this type of evaluation you

look at the whole picture when

making comparisons

With this type of evaluation

You focus on how different

choices fare on certain

key attributes.

Ex: You look at whether

or not each car has a

GPS system in it.

Ex: You think you like the Ford better than the Toyota

For discussion next class

Read Case 4-3

Answer the following questions:

2

3

Name ten evaluative criteria that Maya is using to make her decision. Which three criteria do you think are most important for her and why?