Report on Consumer Decision Making in Restaurant Selection
VerifiedAdded on  2023/01/12
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Report
AI Summary
This report examines the consumer decision-making process in the context of restaurant selection, focusing on the influence of friend recommendations and social media advertising. It applies the EKB Consumer Decision Process Model by Engel et al. (1973) and the Stylized EKB model by Tuan-Pham and Higgins (2005) to analyze how consumers make choices. The report breaks down the EKB model into its five stages: problem recognition, information search, alternative evaluation, purchase, and post-purchase activity, detailing how recommendations and advertisements impact each stage. It further explores the Stylized EKB model, emphasizing the role of social context and risk perception in influencing consumer behavior, and how these factors affect the sources of information used by consumers. The report concludes by highlighting the importance of providing good services to the consumer to create a positive image of the restaurant and encouraging them to act as a referral platform.
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