Intro to Business › Section K · Products and pricing › Topic K.4

Buyer behavior

Every marketing mix is a bet on how buyers will respond. Understanding how consumers and organisations decide, and what sways them, turns that bet into an informed judgement.

In this topic

  • Why buyer behaviour matters
  • The consumer decision process
  • How much effort a decision gets
  • Worked example: choosing a laptop
  • After the purchase
  • Cultural and social influences
  • Individual and psychological influences
  • How organisations buy
  • Worked example: a clinic buys chairs
  • Features of business markets
  • Common mistakes to avoid
  • Key takeaways

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