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  Buying Process Study



Definition of Buying Process

Buying Behavior is the decision processes and acts of people involved in buying and using products.

 

Need to understand

Why consumers make the purchases that they make?

What factors influence consumer purchases?

The changing factors in our society.

 

Consumer Buying Behavior refers to the buying behavior of the ultimate consumer. A firm needs to analyze buying behavior for

Buyers reactions to a firms marketing strategy has a great impact on the firms success.

The marketing concept stresses that a firm should create a Marketing Mix (MM) that satisfies (gives utility to) customers, therefore need to analyze what, where, when and how consumers buy.

Marketers can better predict how consumers will respond to marketing strategies.

 

Stages of the Consumer Buying Process

Six Stages to the Consumer Buying Decision Process (For complex decisions). Actual purchasing is only one stage of the process. Not all decision processes lead to a purchase. All consumer decisions do not always include all 6 stages, determined by the degree of complexity.

 

The general 6 stages are:

1) Problem Recognition (awareness of need)

2) Information Search (include internal and external search)

3) Evaluation of Alternatives

4) Purchase Decision

5) Purchase

6) Evaluation (Satisfaction or Dissatisfaction)

 

To the pharmaceutical industry, the below stages should be considered.

   1) Patient Origination (include patient allocation and referral)

   2) Risk Factors

   3) Evaluation (include discussion topics and tools)

   4) Diagnosis

   5) 1st line Treatment (include category and brand selection)

   6) Fulfillment (include Purchasing channel)

   7) Compliance (include DOT, switch)

 

 

 

 

 

 

Useful Links

State Food and Drug Administration  

Ministry of Health of the people¨s republic of China

Chinese Center for Disease Control and Prevention

National Development and Reform Commission

Hao Yi Sheng

Ding Xiang Yuan

 

 

 

 


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