Consumer buying behavior encompasses the choices and actions that individuals engage in when acquiring, using, and disposing of products and services for their personal use. This area of research investigates the entire decision-making journey, including the psychological, social, and personal factors that influence a consumer's decisions.
The ultimate decision to purchase is influenced by a variety of internal and external factors that shape a consumer's views and priorities. Gaining insight into these critical influences allows businesses to adjust their strategies to better align with customer expectations.
Consumer buying behavior can be classified according to the degree of customer engagement and the perceived differences among brands. These behaviors can range from careful, research-based decisions to habitual, everyday purchases.
Although related, these two concepts provide distinct perspectives for examining consumer actions.
This illustrates the typical progression from recognizing a need to completing a purchase.