• Unit 5: The Purchasing Process

    Consumers must select an outlet and a product when making a purchase. The manufacturer and the retailer must be aware of the decision sequence consumers use in choosing an outlet, as it will have a major impact on their marketing strategy. Consumers sometimes experience doubts or stress about the wisdom of a purchase. This phenomenon is known as post-purchase dissonance or, put more simply, regret. Whether or not a consumer experiences dissonance, most purchases are followed by product use, either by the purchaser or by some other member of the purchasing unit.

    Monitoring product usage, often through questionnaires, is important to marketers because it can indicate new uses for existing products, needed product modifications, appropriate advertising themes, or opportunities for new products.

    This unit covers the consumer's individual decision-making process and how that affects their post-purchase satisfaction.

    Completing this unit should take you approximately 6 hours.

    • 5.1: Decision-Making Process

      Consumer decision-making is a central part of consumer behavior, even though the way consumers evaluate and choose products varies widely based on the degree of novelty or risk in the decision. Regardless of the decision, the process is essentially the same.

    • 5.2: Consumer Attitudes

      Attitudes are the ongoing, general evaluation of people, objects, advertisements, or issues. Once a marketer identifies a product's dominant function, they can emphasize these benefits in their communications and packaging. Attitudes have three parts: affective (feelings), behavioral (response tendencies), and cognitive (beliefs). This trio is often referred to as the ABC Model of attitudes.

    • Unit 5 Study Resources

      This review video is an excellent way to review what you've learned so far and is presented by one of the professors who created the course.

    • Unit 5 Assessment

      • Receive a grade