1. Extended Decision-Making (Buying Behaviour) - Deepstash

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1. Extended Decision-Making (Buying Behaviour)

1. Extended Decision-Making (Buying Behaviour)

  1. Extended Decision-Making occurs when consumers are buying a rather expensive product.
  2. You spend some time doing in-depth research about the product, before making your final purchase decision.
  3. Since it is a high-end product, the economic risk of buying it is much higher than if you would buy an average product.
  4. Simply put, you would not necessarily purchase the item on a daily basis.
  5. Therefore you spend more time evaluating the looks and the use of the product, and how you will feel about it after purchasing it.
  6. You might even ask your family and friends for advice, or read product reviews online before committing to investing.

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3 Tips on How to Cultivate a More Concious Buying Behaviour

3 Tips on How to Cultivate a More Concious Buying Behaviour

  1. Choose quality over quantity. A product should last years, instead of a few months or even weeks, so if you have to repurchase it after only a few uses, is buying the product really worth it?
  2. The cheapest price is rarely the fair one - So spend s...

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3. Habitual Buying Behavior

3. Habitual Buying Behavior

  1. Habitual Buying Behaviour plays a big role in our daily routine. We do not put a lot of thought or research into buying a product that is incredibly cheap and available in masses, at the same time.
  2. For instance, yo...

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4 Buying Behaviours

4 Buying Behaviours

There are different consumer buying behaviours, which can be categorised in the following 4 :

  1. Extended Decision-Making
  2. Limited Decision-Making
  3. Habitual Buying Behavior
  4. Variety-Seeking Buying Behavior

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2. Limited Decision-Making (Buying Behaviour)

2. Limited Decision-Making (Buying Behaviour)

  1. This essentially means that there is a limiting variety or availability of this product on the market.
  2. For example, you really fancy this pair of sunglasses with white frames and yellow-tinted lenses. However, there are only two

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4. Variety-Seeking Buying Behavior

4. Variety-Seeking Buying Behavior

  1. You display this type of purchase behaviour when there are visible differences between a product within the existing brands.
  2. You, as a consumer, might want to try out a similar product of various brands out of curiosity.
  3. To give you...

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CURATED FROM

CURATED BY

dymphna

Lawyer turned Artist Visionary Curator & Gallerist. Empowering self-love and joy through art & words. www.innerjoyart.com πŸ’ Instagram : dymphna.art

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