Curated from: thinkwithgoogle.com
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Google researchers looked at how we buy things online. The model they came up starts with Exposure and ends with Purchase. In between it's a messy middle: a space of abundant information & unlimited choice that shoppers have learned to manage using a range of cognitive shortcuts. The space is made of:
Consumers explore their options & consideration sets, then – either sequentially or simultaneously – they evaluate the options & narrow down their choices.
After the purchase, the experience of the product can contribute back to exposure through review or social media posts.
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As people explore and evaluate in the messy middle, cognitive biases shape their behavior. The most important:
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IDEAS CURATED BY
Life-long learner. Passionate about leadership, entrepreneurship, philosophy, Buddhism & SF. Founder @deepstash.
CURATOR'S NOTE
How consumers buy things in the Internet age. A new behaviour model from Google researchers.
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