Types of Consumer Buying Behavior
Types of Consumer Buying Behavior
High involvement purchases--Honda Motorbike, high priced goods, products visible to others, and
the higher the risk the higher the involvement. Types of risk:
Personal risk
Social risk
Economic risk
The purchase of the same product does not always elicit the same Buying Behavior. Product can shift
from one category to the next.
For example:
Going out for dinner for one person may be extensive decision making (for someone that does not go
out often at all), but limited decision making for someone else. The reason for the dinner, whether it
is an anniversary celebration, or a meal with a couple of friends will also determine the extent of the
decision making.