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That were tried but that did not result in a positive experience.
Making sure a companys brand becomes part of the consumers set of potential
purchase alternatives is a key objective for creatives and brand managers.
A brand with high level of brand equity is more likely to be included in the consumers
set of potential alternatives.
After internal search when customers remain uncertain about the right brand to
purchase, an external search takes place.
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a) Ability
Ability consists of a persons educational level combined with the specific knowledge
he or she has about a product and the brands in that product category.
b) Motivation
Motivation is determined by
Level of involvement
Cost of product
Importance of product
Customers with enthusiasm for shopping will undertake more in depth search for
goods ad services.
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The final factors that influence an information search are the perceived costs versus
perceived benefits of the search.
One benefit that a consumer often seeks while external information is the ability to
reduce purchase risk.
The subjective costs associated with the search, including time spent and
anxiety experienced while making a decision
One ideal time to attempt to influence the decision making process occurs when the
consumer has not yet made up his or her mind.
Marketing experts can utilize three models of the information search process:
a. Attitudes
b. Values
c. Cognitive mapping
a) Attitudes
Affective
Cognitive
Conative
Affective component consists of the feelings or emotions a person has about the object topic
or idea.
The cognitive component refers to a persons mental images, understanding, and
interpretation of the person, object or issue.
The conative component is an individual intentions, actions or behaviour.
A common sequence of events that takes place as an attitude forms is:
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Affective-Conative-Cognitive
Conative- Cognitive-Affective
b) Values
Comfortable life
Pleasure
Excitement
Equality
Freedom
Fun, exciting life
Sense of belonging
Happiness
Inner peace
Mature love
Personal accomplishment
Security
Self respect
Social acceptance
c) Cognitive mapping
Age complexity
Gender complexity
Individualism
Cocooning
Pleasure Pursuits
Health Emphasis
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