EB Games a Look into Consumer Behavioral Patterns Name Institution professor Course Date Introduction The paper will focus on process through which customers use in buying video games Mainly, they are bought from dedicated stores and is usually a complicated process Numerous steps are involved in the process of buying these games or console for a specific consumer o Pre-purchase process o Purchase process o Post-purchase process Pre-purchase process analysis In this process, main focus would be on two features which are sold at EB games Various steps are available for analysis in pre-purchase decision process o Problem recognition o Information search Pre-purchase buying analysis cont.… o Evaluation of available alternatives. Consumer has to reach out why to buy that particular product and from where to purchase o Purchase decision. Consumer has made all decision and is ready to purchase the selected product from a given store This step is very sensitive and marketers need to understand it since it can break organizational activities completely After purchase, important to note is influencing consumer decision Factors influencing consumer decision making Consumer decision to purchase a product need to be influenced after analyzing what makes consumer purchase certain product Factors that influence consumer buying decision may be either o Internal o External Factors influencing consumer decision making cont.… Product brand. This explains various aspects of buying such as product delivery into the store and practices that are enforced by the store Generally, EB games do not offer glorious characteristics and do not inform their customers price they charge on their games The product and its value should dictate the product price since variety of the same product influences decision reached out by customers To some extend, this has created a perception of unfriendly price offered by EB Factors influencing consumer decision making cont.… Stigma of buying used vs. new. Psychological factors need to be considered when buying products from EB o First, the product serves as a symbol of affiliation to young consumers, mostly teenagers Specification of game type due to product variation. When dealing with video games or console, this pre-purchase decision is very important. o Product specification draws in the aspect of platform compatibility in video games and console. Buy similar to a friend in order to share Factors influencing consumer decision making cont.… Advertisements on products. Consumers are mainly attracted to what they see from advertisements when they want to purchase. o Advertisements may be through television or online o EB games product are failing in this area since they do not offer adequate advertisements since they mainly rely on their website and occasional big events o If a customer has not heard of EB games product, it would not be possible to buy or even think of the product Factors influencing consumer decision making cont.… Buying in stores vs. online. This product buying alternative presents two fold scenario and has very great impact on the video games and console market o The time spend when buying product from either online or in store greatly influences customer pre-purchase decision. o Generally, it takes more time cost to purchase and get product online due to shipping cost. o In store buying grants customer product immediately o Online buying of games is changing by initiating online shopping and get product immediately through online delivery but it is not fully developed Factors influencing consumer decision making cont.… Reference groups. Usually they play a very big role in developing customer prepurchase decision o It goes deeper to even consider not only the game type but game store o It is very ridiculous to get consumers who has bought from a company but despises other consumers from buying from the same company. o This is common with EB games and company should focus on it in order to create positive reference groups Factors influencing consumer decision making cont.… Lifestyles. Living conditions of various customers greatly influence buying process of any product besides consoles o Usually, customers do not buy products or services that do not conform to their way of living o Life style is highly correlated with social class because it is the one that influences how people interact and what they consume Factors influencing consumer decision making cont.… Culture. This a very key determinant of what people believes in, eats, dresses or interacts with others. o By controlling people way of life, culture guides what people would consume and in turn what they buy o Culture influences buying decision in various ways; o Some culture values being outside or taking a lot of time in studies and movies are not part of it Purchase process analysis Purchase process describes how consumers gets to make decision on they buy particular product It factors one of previous steps as well as buying process itself purchase decision mainly focuses on the process involved in deciding on what product to buy Product buying mainly involves factors like; o Price gives product value offered in the market Purchase process analysis cont.… When a consumer goes for EB games, the factor to be given highest priority is the price of the product o Place in which the customer can buy the product in need Regardless of the inconvenience faced when getting the product, customer has to find a way of getting the product To increase chances of client getting reach of many products, it is highly required to have an online platform selling EB products Purchase process analysis cont.… o New versus owned. This is very important that highlights success of EB business games. This idea aims at buying product from the customer and sell it back to another customer Being a customer of EB products makes it possible to be supplier of their products as well Mainly, they sell used games which can be sold to other new customers at a discounted price The concept of used games brings a notion of inferior products because it cost less Purchase decision making The purchase of any product starts with initiator. In this case, many teens do not have their own income and the key person is parent The purchase initiator influences gatekeeper who in case of teens is the parent or guardian The next person in the buying process is the influencer Lastly, user is the final consumer of the product which is bought by the influencer Purchase decision making cont.… The entire purchase decision making process can be summarized as in diagram below Post purchase process This process is usually overlooked by many organization in their selling process but it is very influential when it comes to purchase decision making In the process of improving post purchase, EB gives customers 7 days guarantee of returning any product that does not satisfy their needs Marketing strategies to improve EB image and product positioning Determine EB current position and taking necessary measures to improve on product Determine perception by customers and other organization Selecting target customers who can help in improving business processes. Factoring in current trends within the organization Defining company positioning strategy which is driven by company strategy Enhancing consumer experience Creating clear customer experience that can be communicated to the company Understanding the customers by emphasizing on their needs and problems Capturing customers feedback which has to be in real time. Real time means data has to be collected on live scenarios like calls and messages Using quality framework to develop team work Conclusion and recommendation EB company is very complex and it is not possible to define how it operates From business analysis perspective, it is possible to better environment for customers These are possible ways through which customer environment can be made attractive o Creating customer valuation o Updating and changing advertising practices o Improving on hiring and work practices within the organization References Ramaswamy, V. S., & Namakumari, S. (2009). Marketing management: Global perspective, Indian context. Delhi: Macmillan. Peter Molthan-Hill. (2014).The business student’s guide to sustainable management to sustainable development. Greenleaf publishing ltd Rath, P. M., Bay, S., Petrizzi, R., & Gill, P. (2015). The why of the buy: Consumer behavior and fashion marketing. Jansson-Boyd, C. V. (2010). Consumer psychology. Maidenhead: Open University Press Goldsmith, E. B. (2016). Consumer economics: Issues and behaviors.
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