Categories of Decision Alternatives Awareness set Alternatives the consumer is aware of Evoked set Alternatives given consideration All potential alternatives (brands, products) Specific alternative purchased Inert set Backup alternatives Alternatives considered but not purchased Unawareness set Alternatives the consumer does not know about Inept set Avoided alternatives FIGURE 15-2
Categories of Decision Alternatives Awareness set Alternatives the consumer is aware of Evoked set Alternatives given consideration All potential alternatives (brands, products) Specific alternative purchased Inert set Backup alternatives Alternatives considered but not purchased Unawareness set Alternatives the consumer does not know about Inept set Avoided alternatives FIGURE 15-2
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question
What implications for marketing strategy does
Figure 15–2 suggest?

Transcribed Image Text:Categories of Decision Alternatives
FIGURE 15-2
All potential alternatives
(brands, products)
Awareness set
Unawareness set
Alternatives
Alternatives the
the consumer
consumer does not
is aware of
know about
Evoked set
Inert set
Inept set
Alternatives
Backup
Avoided
given
alternatives
alternatives
consideration
Alternatives
Specific
considered
alternative
but not
purchased
purchased
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