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MKT5ACD Advanced Consumer Decision Making

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Following are the five stages that a consumer often passes through when they are considering a purchase as per the course MKT5ACD Advanced Consumer Decision Making:

  • Problem or need recognition
  • Information search
  • Evaluation of alternatives
  • Purchase
  • Post-purchase behaviour

Also following are the three models of consumer decision making under course MKT5ACD Advanced Consumer Decision Making:

  • Extended problem solving
  • Limited problem solving
  • Habitual decision making

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