Marketing and Marketing Strategy Coursework Example | Topics and Well Written Essays - 1000 words

Marketing and Marketing Strategy - Coursework ExampleThe first product that I opt was an automobile. This was a high closeness purchase. This is because the product was expensive and would involve a significant impact on my life. Moreover, this was a product that I had to spend a considerable amount of time and alike move searching for. This was also so because on that point were significant differences between the brands that were lendable at the time in terms of their performance and quality (Indmedica - CyberLectures - High Involvement Purchase Decisions, n.d., p. 2). However, the second product that I chose, report, was a low involvement purchase since the product was that which is habitually purchased and therefore the determination of choosing it required very flyspeck effort. It was also a low involvement purchase because the newspaper had insignificant effect on my life style and was not that an important investment. 1st Product Automobile The following are the 5 get decision process that I followed in buying this product. a) Problem recognition This is the stage I realized that I actually needed a car. I would want to conveniently travel to my job place both morning but could not do so as I did not have a convenient means of transport. b) Information search This is where I started looking for what could solve my transport problem. I looked for info on the convenient means that I could use to travel to my workplace and concluded on buying a car. c) Evaluation of alternatives Here, I took into consideration all the car models that were available and which one of them would best enclothe my needs. I also considered the alternatives that were available for me including their prices and the shops selling them. d) Purchase decision After all the considerations and consultations, I resolved to buy a model of my choice. This is where I also walked to the shop that I had chosen and actually salaried for the car. e) Post-Purchase evaluation This I did after the purchase. I evaluated the car that I had bought its importance and how convenient having it would be. I also confirmed that I had made the right choice. 2nd Product Newspaper I nevertheless followed devil processes for my second low involvement purchase. a) Problem recognition This is where I discovered my need for the newspaper and mulish to buy one. b) Purchase evaluation Here, I went straight to the nearest and soft accessible shop and bought the newspaper that I wanted. Question 2 My first purchase was a high involvement purchase and this meant that I had to follow all the processes of consumer purchase. I had to make sure that I had put into consideration all the facts and culture concerning the product that would make me chooses the right one. Unlike the first one, the automobile was very expensive and therefore there was no room for mistake in my purchase. This required me to carefully evaluate all the then available alternatives and make a solid decision based on facts considerations. In buying this high involvement product, automobile, I had to first look for information after identifying my problem. I also had to evaluate all the doable alternatives before making my final purchase. Contrary to this, for the second low involvement purchase, newspaper, I did not have to do a lot. This was a product that I usually bought so I knew what I needed. The only thing that I wanted was a shop that was nearby and a place where I could easily conveniently and quickly buy the newspaper. For these reasons, unlike