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Week 2 Discussions: Each part must be at least 200 words. Clearly label each part and list references.Part 1: Buyer BehaviorThe typical buying process consists of the following sequence of events: pro
Week 2 Discussions: Each part must be at least 200 words. Clearly label each part and list references.
Part 1: Buyer Behavior
The typical buying process consists of the following sequence of events: problem recognition, information search, evaluation of alternatives, purchase decision, and post purchase behavior. What specifically do you do as a consumer in each of these stages in a high involvement purchase like buying a house or a car? List the four main psychological processes as discussed in the text and what should marketers do to manage these four psychological processes affecting consumer behavior?
Part 2: Customer Needs
Visit GE Healthcare http://www3.gehealthcare.com/en. In context to the major points of chapter 5, define how GE is addressing the needs of their hospital customers by the design of this Web site? Where and what is GE doing right, what is GE doing wrong, and where can GE improve using marketing research? In context of chapter 3, where can GE improve using marketing research?
Required Resources:
Text
Finch, J. (2012). Managerial marketing [Electronic version]. Retrieved from https://ashford.content.edu
Read the following chapters in Managerial marketing:
· Chapter 3: Market Research: Identifying Market Opportunities
· Chapter 4: Evaluating Market Demand and Forecasting
· Chapter 5: Analyzing Markets: Decision Making and Buyer Behavior
Websites
GE Healthcare http://www3.gehealthcare.com/en