5 Stages of the Consumer Decision-Making Process and How it's Changed

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  • čas přidán 7. 06. 2018
  • In this video, CEO and Co-Founder, Garrett Mehrguth explains the 5 stages of the consumer decision-making process and How it's changed.
    Today, we’re going to be diving into the five stages of the consumer decision-making process.
    A lot has changed. How consumers go about it is completely different, but the five stages are surprisingly exactly the same. Let’s dive into what this new world looks like.
    Now, as a brief overview, the five stages of the consumer buying or decision-making process were established by John Dewey in 1910. That whole process is still very much the same:
    Stage 1: You have a problem or a need.
    Stage 2: They want to do an information search. It used to ask a friend, ask a colleague, look at the newspaper - but that’s a little different now.
    Stage 3: Evaluation of alternatives. “I have this one option I like, but what about these others?“
    Stage 4: Purchasing decision. “I have to make a decision. Which will I purchase?“
    Stage 5: The post-purchase evaluation. “Was this the right decision for me or did I make a mistake?“
    Thank you so much for watching this video. If you can understand the 5 stages of the consumer decision-making process in the new context of search engines and how people are now discovering information, then you can empower your marketing and have successful campaigns that generate a terrific return.
    Connect with Garrett: / garrettmehrguth
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Komentáře • 39

  • @binhtruong3373
    @binhtruong3373 Před 3 lety +7

    Very interesting and easy to understand the new challenges of marketing right now. Great job

  • @sortacasual
    @sortacasual Před 3 lety +7

    This was required for me to watch for my class but frankly, it was interesting. I appreciate your concise but entertaining presentation, keep it up!

  • @kyd0812
    @kyd0812 Před 5 lety +10

    Fantastic. This is the best video I have found. I think this clip should be widely spreaded and seen by , especially marketing executives. That is because they surely understand this but are too busy to draw a big picture and remind this oneself.

  • @ethansmith499
    @ethansmith499 Před 5 lety +3

    great video for my studies. subscribed

  • @voltairepabustan
    @voltairepabustan Před 3 lety +1

    Thank you for sharing!

  • @DARRIANEGONCHIENGTHUNGB
    @DARRIANEGONCHIENGTHUNGB Před 3 lety +2

    Thank you for the well explanation because I am currently facing my assignment about choosing a product as an example and describe buying decision of a consumer. I still having trouble choosing one simple product cause I really afraid that I can find the source in stage 4 and 5

  • @deboraah7173
    @deboraah7173 Před 3 lety +1

    So helpful!

  • @memyself8043
    @memyself8043 Před 5 lety +13

    need to know this for exam, and you explained it way better than the teacher or any of the material that we were given. great work! thanks!

    • @fc2790
      @fc2790 Před 3 lety +3

      I am a consumer behavior teacher. That is really disappointing to here that faculty members are not doing a good job. that sucks

    • @piogoeljemariel.9740
      @piogoeljemariel.9740 Před 3 lety

      CEO man siya dae mao ng ge explain niyag tarong.

  • @kendonz
    @kendonz Před 4 měsíci

    Thank you for that informative summary

  • @Emmayale1
    @Emmayale1 Před 4 lety +5

    Hi there! I found your content and I think is great. I am actually working in a consulting firm. My actual project is to implement disruptive B2B techniques for a RTM segmentation. Do you have any experience in this field?

  • @JENNYJAY49
    @JENNYJAY49 Před 5 lety +5

    Very well explained.

  • @josephmilio9493
    @josephmilio9493 Před 3 lety +1

    Great video

  • @shellacavallo8974
    @shellacavallo8974 Před 7 měsíci

    Great job

  • @catherinepiriri313
    @catherinepiriri313 Před rokem

    excellent imformation

  • @netyasaini7293
    @netyasaini7293 Před 3 lety

    Very nice

  • @viapagaora4646
    @viapagaora4646 Před 3 lety +4

    Hi Mr. Garett, our college professor requires us to watch this video and make a reflection about the topic for our Consumer Behavior class. But you know, I don't know what to write cause I am distracted. HAHA. Why are you so handsome and so brilliant at the same time. Anyways, thank you for the information.
    Hope I could write somethinggggg.. ughhhh..

  • @gouthamsunil175
    @gouthamsunil175 Před 2 lety +1

    very interesting

  • @joshandgangs2132
    @joshandgangs2132 Před 4 lety +1

    That was very informative

  • @ivannabusamba4496
    @ivannabusamba4496 Před rokem

    Thanks

  • @rheavillanueva3610
    @rheavillanueva3610 Před 3 lety

    Wow thank you for this informative video i really learned a lot! And btw you look like an actor 😍 you're so handsome ♥️ i think im inlove LOL kidding

  • @CandyLemon36
    @CandyLemon36 Před 7 měsíci

    The wisdom in this content led to significant self-development. A similar book I read was instrumental in my journey. "The Hidden Empire: Inside the Private Worlds of Elite CEOs" by Adam Skylight

  • @ferrereiralizcassandra6715

    wow wala ko.kasabot😭

  • @windwaker0rules
    @windwaker0rules Před 3 lety

    did the Lorax seriously name its product after the first stage of the consuming process or is that a coincidence?

  • @jeannesandjo8069
    @jeannesandjo8069 Před rokem

    Interesting yea but interested in the presenter more😍

  • @ireneli3692
    @ireneli3692 Před 5 lety +2

    you looks like Paul Walker.

  • @brentcinco5359
    @brentcinco5359 Před 3 lety

    kadagmit man, turo dugo ha irong. pero nice keeyo

  • @richrich981
    @richrich981 Před 5 lety +1

    Good video, but feel like your missing out on the importance of the actual branding in this process.

    • @mrs.albertcamus7930
      @mrs.albertcamus7930 Před 4 lety +3

      he was explaining the 5 stages of consumer decision making process, not about branding. We now know you know there's a thing called Branding. hooray!!!

  • @emvIyxo
    @emvIyxo Před 3 lety +3

    poo