Customer Acquisition
 

Qualitative Description of ACTMAN

ACTMAN is based on consumer behavior, and that is one of its key strengths. Its elements complement the phases that a customer evolves through as he or she makes a purchase decision. As noted in Chapter 3, a typical purchase-decision model comprises the following five stages:

Stage 1:
Need Recognition and Product Awareness: The first stage of the customer decision-making process begins when the buyer realizes a difference between his current state of being and his desired state of being. Various internal and external stimuli trigger this realization. Hunger and thirst, for example, are internal stimuli. In contrast, external stimuli such as advertising, can be managed by marketers.
  Stage 2: Information Search: The customer's search for information on how to satisfy his or her need characterizes the second stage of the purchase-decision process. Customers may use several sources for their information. Personal sources might include friends and family. When a customer uses these sources, it is more difficult for the firm to manage perceptions and expectations. Firms can more directly influence the information gathered if the customer relies on commercial sources (e.g., advertising, salespeople, product packaging), public sources (e.g., mass media) or experiential sources (e.g., product handling and examining). The marketer has the greatest influence on commercial sources of information.
  Stage 3:

Evaluation of Alternatives: Once the information is gathered, the customer can evaluate the alternatives. During this stage, the larger set of purchase options of which the customer is aware generally narrows to a smaller choice set. The customer will select a product for purchase from this choice set after additional searching. Thus the customer uses a two-phase decision process. In phase one, the customer creates a broad set of alternatives. In phase two, the customer uses a set of rules or heuristics to create a smaller group of choices, which the customer then evaluates in more detail.

  Stage 4: The Purchase Decision: The customer purchases a product.
  Stage 5: Post-Purchase Behavior: The customer decision-making process does not end with the product purchase. During the post-purchase stage, the customer is still forming attitudes and assessing satisfaction levels. Customer service at this stage can be and often is crucial.
 
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