 Consumer Decisions
Generall accepted models of consumer behavior can be applied to the Internet. The better you understand your customers, the better your chances of satisfying them. We're going to touch upon two important concepts: the consumer decision process and diffusion.
This model describes the way consumers decide to buy products. It has several steps:
Search:
Evaluation of Alternatives:
Decision:
Purchase:
Post Purchase Evaluation:
Lights go off when we analyze these steps in terms of the Internet:
Problem Recognition: Flexibility of the Internet gives expanded opportunity to address innovative ways of using your product or service.
Search: The Internet can make your information available to a global market.
Evaluation of Alternatives: But the Internet is also making your competitor's information available!
Decision: The time gap between decision to buy and actual purchase is critical. The longer the gap, the more likely a potential customer will back out of the purchase. It is critical to close that gap by accepting cybercash, checks or credit cards online.
Next Section: Diffusion |