ENTREPRENEURSHIP

ENTREPRENEURIAL OPPORTUNITIES

MARKET RESEARCH

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Consumers evaluate their satisfaction with a product
A
just before they purchase the product
B
when they compare alternative products
C
when the need is recognized
D
after they purchase the product
Explanation: 

Detailed explanation-1: -Post-purchase behavior is the final stage in the consumer decision process when the customer assesses whether he is satisfied or dissatisfied with a purchase.

Detailed explanation-2: -The post-purchase evaluation process is the final stage in the consumer purchasing process, one that’s sometimes ignored by marketers. After purchasing a product, a customer will naturally evaluate it by comparing it and the purchasing process with their expectations.

Detailed explanation-3: -The last stage of the consumer buying cycle is the post-purchase evaluation. After purchasing the product, the customer weighs up their purchase and compares it to their overall expectations. This either leads to satisfaction or dissatisfaction.

There is 1 question to complete.