Aldi: Consumer Behaviour and Decision-Making Process Report

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This report provides a comprehensive analysis of consumer behaviour and the decision-making process within the context of marketing. It begins by clarifying and analyzing the customer decision-making process for products and services, emphasizing the importance of understanding consumer needs and wants. The report then explores the significance of mapping the path to purchase and understanding the consumer decision-making process for marketers, highlighting the use of customer journey maps. It compares and contrasts the decision-making processes in B2C and B2B frameworks, providing specific examples to illustrate the differences. The report also assesses various market research methods and research techniques used to understand the decision-making process in both B2B and B2C contexts. Finally, it examines the stages of influence in the decision-making process for both B2C and B2B scenarios, offering insights into how consumer behaviour impacts marketing strategies. The report uses Aldi as a case study to provide practical examples and reinforce key concepts.
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Consumer behaviour
and insight
Table of Contents
INTRODUCTION...........................................................................................................................3
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MAIN BODY...................................................................................................................................3
Clarify and analyse the customer decision making process for the product and services......3
Clarify why it is important for the marketers to map a path to purchase and know the
consumer decision making process........................................................................................5
Comparison and contrast the decision-making process in framework of B2Cand B2B for
providing specific examples...................................................................................................7
Assess the different methods to market investigate and the methods of research used for
understanding the decision-making process in both B2B and B2C contexts.........................8
Stages of influence of decision-making process of B2C and B2B.........................................9
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................10
INTRODUCTION
The consumer is related to the interpretation, that is used by the business to enhance the
better understanding of the audience that will think and feel towards the product and services.
This will also help to analyse the human behaviour that will allows the companies that is really
how to understand the consumers wants and needs. This is most importantly that how they feel in
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that way. As well as there are different sources of the focused groups that is assembled in the
way to discuss the existing products, this will helpful for the products to provide feedback in
order to inform the development as well as launch of the new products (Centobelli and Ndou
2019). This will also help in survey of the questions to analyse the set of the people in order to
gain the internal knowledge of the products as well as services. now, in the context of Aldi
company as the marketing analyst there are some of the market researches to collect the data of
people buying behaviour that will be discussed is as follows-
MAIN BODY
Clarify and analyse the customer decision making process for the product and services
The consumer decision making process is the process by the help of which consumers will
become aware for defining the needs in order to collect the information. That how to solve the
problems for analysing the better results. This will helpful for evaluating the alternatives of the
products and services to make the purchasing decisions of the company. As well as this will be
also helpful for the consumer decisions making process for the result by in the terms of the
decision-making process. This is really important to note that for most of the purchasing
consumers that will giving the purchasing consumers decisions as this is related to the corporal
of the habit that, how the consumer is feeling around the specific goods and services that can
effect the result that is compared to evidences and numbers of the company. This will give the
results to the consumer decision making process that will give the experience for the change or
continue the customers needs and wanted lifestyle. By become the better consumer and being
more informed by the consumers (Chai and Ngai 2020).So, there is the breakdown of what will
happen within each steps-
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Need recognition- the first most important step within the buying process. Because there is
every of the sale will become to begin with the customer base that will needs within the product
and services. need recognition is the basic things, that will have to analyse because this is related
from the customer needs and wants and behaviour of their specific products and services.
because for performing good within the market and to influence the customer this is really
important things to recognise by the producers. It helps in designing the products accordingly.
Search for information- at this stage customer have to find out their options. That how
many of the options are being available within the market. If there are various options are present
within the market, then it will be helpful for the customers to choose one of the products
according to their needs and wants. Also, several options influence them towards the specific
company.
Evaluation of alternatives- This is the particular stage when the customer gives various
options for making the best choices within the company. Because presence of many alternatives
can influence their decision-making process for the particular products and services for the
customers. as well as giving them lots of options of the products and services will giving them
internal satisfaction of the chosen products and services.
Purchasing decision- during this stage there is lots buying behaviour is present in the terms
of actions. This will show the interest of the particular products that they are willing to buy. This
stage gives the proper idea of the product that customers is properly ready to purchase the
products and services or not. Or they are liking which types of the products and services and
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what are there needs of the particular products. This helps in identifying these things that what
type of product and services customers is willing to buy (Gligor, Bozkurt and Russo, 2019).
Post purchase evaluation- after making the decision of purchasing, what are there
feedbacks after the buying behaviour of the customers. that it will be worth buying for them or
not. As well as the customers are recommending the products and services are not. This also give
the idea that they are willing to buy the specific products or services or not. This step helps to
analyse the person particular needs, and wants as well as specific feeling of the products and
services.
However, these are the stages will help in the buying decision process by the help of playing
out the real-life circumstances of the buying decision process of the consumers in order to
maximise the result of the company Aldi.
Clarify why it is important for the marketers to map a path to purchase and know the consumer
decision making process
Understanding the consumer decision making process is the major key to define the
customers marketing challenges as well as opportunity of the business. this is also important to
getting align the marketing efforts of the company by the help of each and every steps of the
consumers for the decision of the product that what products and services they need to buy. As
well as the customers journey map that is the tool to imagine the experience for getting interacted
with the brand from the customers point of view (Iglesias, Markovic, Singh, and
Sierra,2019).This map is really crucial for the company that this helps to force to how to look
customers that will actually related to the experience of the particular brand. That the customers
are thinking in what way for the particular products and services. as well as when the discussion
is about the customer journey map this helps to visualise and helps the marketers that give the
outlining the experience of the customers. from the first interaction of the customers to the last
customers. because for keeping and maintaining the long term relationship from the customers
point of view. This will help to analyse and within the predication of the customer behaviour.
Before when there is changes can occur which gives the proper optimization for the conversion
of the process. The following process of the mapping of the customers-
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Get valuable insight- the customer journey is related to the mapping that will give the
internal idea of the customer and their expectation of the particular products and services. The
expectations of the brand within each of the step that help to recognise the journey of the
customers experience this also get to motivate the customers to become reach to the last point of
their journey by optimising their idea within the unique way.
Understand the customer expectation- this will help in generating the journey map after
this will allow to understand these channels and the touchpoints of the customers. This will
helpful for the customers that are generally that how they can get influence to their products.
These are the expectations that, they want from their products and services. that what are the
things they are attracted more and more toward the products (Lu, and et.,al2019) Then
accordingly design the products and services as well as what re the frustration for the products
and services.
Predict and influence consumers behaviour- this gives the detailed of the customers of
the journey map that will be helpful to be informed by the help of giving the right information of
the products as well as customers products and services. This will also help to define the change
the behaviour of the customers, that help to analyse the changing behaviour of the customers that
will convert to optimize the process of conversion. Now here are some of the components of
customer journey map is as follows-
Buyer personas- the buyer persona that helps to get the targets of the company, that gives
the customer based that is give the detailed of the market research. This will include the
demographic such as age, gender, nature of the job. Every customers or buyer has comprised the
separate buying behaviour to create the customers journey and map for each and every persona.
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As well as information related to the persona has been already collected, that will help to bring
out the customized journey of the products as well as service (Melnyk, and et.,al 2019).
Understanding customer journey- This will need to understand the goals of the specific
goals that every of the customers are trying to achieve at each of the stage of the customers. this
will become helpful on collecting the data by the help of survey as well as interviews to analyse
the goals of the customers.
Identify touch points- touchpoints is related to the interaction of the customers related to
the brand of the company. That each and every customers is searching the stage of the specific
web pages as well as some of the specific advertisement that will influence their mind for
buying the products and services.
Comparison and contrast the decision-making process in framework of B2Cand B2B for
providing specific examples
If anyone have the idea to work within the marketing world. Everyone is become familiar
with the B2B and B2C types of the business. these are the marketing strategies, because most of
the time marketing is getting focused on the reasonable procedure of the driver of the buying
decision while B2C is known for the business to consumer market tendencies. There are some of
the differences between the B2B and B2C is as follows-
customer relationship(B2B)- This will focus on building the relationship that helps to run
the long-term business. so, there are the relationship that will helps to build Business to business
relationship. This will help to give the opportunity to the customers that what kind of the buying
process ethics of the business as well as employee have to work on which of the morals. This
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will provide the ability to get connected with the customers that will give the guidance to how
the business can be differentiate from each other or competitor of the business. This customer
relationship will be also become helpful for making the brands of the business. as well as the top
responsibilities of the customer is creating the leads (Singh, 2020). Because this will assist the
business that repeating the process of the business, as well while develop the personal
relationship that can make or break the enterprises.
Establish transactional relationship(B2C)- the main objective and goals of the business
to push the customers to for purchasing the products and services of the business. by giving the
specified advertisement on the particular website for and to do more generate the sales of the
company. For doing these things customers have the perfect ideas of the particular products and
services. and giving the great exposure to get experience of the website. The business to
customer is giving the value of the efficiency that will help to minimize the amount of time that
they are spent together to very well know the customers. which can generally cause the
relationship to become doing the extremely transaction of the business. within this B2C the
marketing strategy they are focusing on selling the products. As well as the important time they
are giving to the delivery of the quality if the goods to the customers as fastest rates of the
possibility. There is the popular trick that has going to be useful for the business to consumer for
collecting the review of the business (Smith, 2019. ). by the help of credit or giving the
personalized discount on the purchasing of the particular products and services by the help of
email marketing . after receiving of products from the customers, they will most probably will
receive an email for giving the feedback of the products and services within the market, as well
as company will also going to ask about their experience.
Assess the different methods to market investigate and the methods of research used for
understanding the decision-making process in both B2B and B2C contexts.
The B2b marketing research is the process of discovering the internal of the marketplace
by doing survey of some of the major samples of the customers. there ae the participants like
existing customers as well as former customers and some of the prospective buyer. apart, from
this within the competitive market there are some of the employers within the market that is
researching that even sometimes include the current decision-making process of the employee as
well as. There are some of the research methods is as follows-
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Qualitative- within this approach the researcher can do talk directly with the help of
people for collecting the experience from the customers. this will give the opinions regarding the
business product as well as other aspects of the business.
Quantitative- this quantitative research that will allows to get deep by accessing the small
sample by the help of quantitative research that will help to give the volume of the power by the
use of questionnaire as well as the researcher will ask the similar questions. As well as the
quantitative research is using the less frequently so by the help of this, it will be easy to analyse
the problems of markets. This also includes the online mail as well as the telephonic surveys.
The following are the further steps of doing market research B2C-
The study of the B2c environment- the environment research is sometimes doing the
legal research of the company (Wielgos, Homburg and Kuehnl,2021). Generally, within this
research the marketers are doing the PESTEL analysis in order to analysing the external
environment of the company and its effects.
Qualitative research- qualitative research can be done by taking the qualitative
interviews. That depends on the context of purchasing the products.
Stages of influence of decision-making process of B2C and B2B
The Business to business and business to consumers decision making process of buying is
as follows-
Customer physiology- in this sector mainly this will allow the emotional way to drive the
decisions. This is totally depending on the trust factor of the consumers. While, business to
business buyers is making the decisions on the different criteria of emotions (Thakur, 2019). As
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well as if the purchasing decision will give the negative results. The effect will totally depends
on the circumstances the person who are responsible
User experience- the positive user has giving the experience that can be achieved by the
functional accessibility by giving the clear information about the products. The user experience
can give the impact on the purchasing cycle of the business. within this stage the audience is
capable to clearly compare the experience of the products.
CONCLUSION
From the above report the conclusion of the topic is as follows-this report consist of the different
strategies of the business. that will help to analyse the stages of the consumer decision making
process as well as journey of the product as well as services for analysing the prospective of the
customers. apart, from this report consist of the path to purchase and to become understand the
decision-making process of the consumer. As well as different approaches that is used by the
B2B and B2c marketing research.
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REFERENCES
Books and journals
Centobelli, P. and Ndou, V., 2019. Managing customer knowledge through the use of big data
analytics in tourism research. Current Issues in Tourism, 22(15), pp.1862-1882.
Chai, J. and Ngai, E.W., 2020. Decision-making techniques in supplier selection: Recent
accomplishments and what lies ahead. Expert Systems with Applications, 140, p.112903.
Gligor, D., Bozkurt, S. and Russo, I., 2019. Achieving customer engagement with social media:
A qualitative comparative analysis approach. Journal of Business Research, 101, pp.59-69.
Iglesias, O., Markovic, S., Singh, J.J. and Sierra, V., 2019. Do customer perceptions of corp
orate services brand ethicality improve brand equity? Considering the roles of brand heritage,
brand image, and recognition benefits. Journal of Business Ethics, 154(2), pp.441-459.
Lu, Y., Gupta, A., Ketter, W. and Van Heck, E., 2019. Dynamic decision making in sequential
business-to-business auctions: A structural econometric approach. Management Science, 65(8),
pp.3853-3876.
Melnyk, V., Van Herpen, E., Jak, S. and Van Trijp, H.C., 2019. The mechanisms of social
norms’ influence on consumer decision making. Zeitschrift für Psychologie.
Singh, N.P., 2020. Managing environmental uncertainty for improved firm financial
performance: the moderating role of supply chain risk management practices on managerial
decision making. International Journal of Logistics Research and Applications, 23(3), pp.270-
290.
Smith, A., 2019. Consumer behaviour and analytics: Data driven decision making. Routledge.
Thakur, R., 2019. The moderating role of customer engagement experiences in customer
satisfaction–loyalty relationship. European Journal of Marketing.
Wielgos, D.M., Homburg, C. and Kuehnl, C., 2021. Digital business capability: its impact on
firm and customer performance. Journal of the Academy of Marketing Science, pp.1-28.
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