What Factors Affect a Consumer’s Willingness to Buy?

In our most recent COMM 101 class we learned about marketing research. There are many reasons why businesses conduct primary research and collect secondary research, but it boils down to this: research improves important decisions. When it comes to marketing, those decisions can have to do with packaging, aesthetics, advertising techniques, and more.

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The Consumer Decision Journey; Image Source

These factors will affect the consumer’s decision journey (pictured above). When making a purchase in a certain category the consumer will first consider an initial set of brands, evaluate and narrow down, then finally make a purchase decision. The next steps involve experiencing the product, advocating for it (or not), and bonding with it. Bonding is arguably the most important step, as consumers who bond with a product are more likely to make repeat purchases.

Any change in a product’s marketing could drastically effect any of the steps in a particular consumer’s decision journey. This is why effective, specific research is necessary to know how to market a product in the most effective way possible. Something as simple as a change in color scheme or packaging material could tremendously improve the consumer’s opinion on a product. But without marketing research, there’s no way for a company to know what that simple change could be in their specific case.

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