THE 7 PHASES OF THE IMPULSE PURCHASE CYCLE EXPLAINED!

The 7 Phases Of The Impulse Purchase Cycle Explained!

The 7 Phases Of The Impulse Purchase Cycle Explained!

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Impulse buying is a fascinating phenomenon where consumers make spontaneous purchases without prior intention. A study from the Journal of Consumer Research reveals that around 40% of purchases are made on impulse, triggered by emotional, environmental, or social factors. The impulse purchase cycle consists of seven distinct phases: trigger, interest and curiosity, desire, justification, purchase decision, post-purchase evaluation, and loyalty. Each phase plays a crucial role in guiding consumers from mere attraction to final purchase.

Understanding this cycle helps marketers leverage emotional and visual appeal to capture consumer interest. By creating urgency and social proof, they encourage consumers to justify their choices and make purchases. Following the purchase, the evaluation phase can lead to buyer’s remorse or satisfaction, impacting future loyalty. Ultimately, a positive post-purchase experience fosters brand loyalty, encouraging repeat business and recommendations. Recognizing these phases can empower consumers to make more informed buying decisions.

 

More Information: https://www.techdogs.com/td-articles/trending-stories/the-7-phases-of-the-impulse-purchase-cycle-explained

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