Page 177 - Foundations of Marketing
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OB JEC T I V E S

                                                                                                    1.  Recognize the stages of the
                                                                                           consumer buying decision
                    Consumer Buying Behavior                                               process.

                                                                                           2.  Understand the types
                                                                                           of consumer decision
                                                                                           making and the level of
                                                                                           involvement.
                                                                                           3.  Explore how situational
                                                                                           influences may affect the
                                                                                           consumer buying decision
                                                                                           process.

                                                                                           4.  Understand the psycho-
                                                                                           logical influences that may
                                                                                           affect the consumer buying
                                                                                           decision process.
                                                                                           5.  Examine the social influ-
                                                                                           ences that may affect the
                                                                                           consumer buying decision
                                                                                                                                                        Vicki Beaver  /  Alamy          6.  Examine consumer
                                                                                           process.


                                                                                           misbehavior.




                                                   M A R K E T I N G   I N S I G H T S



                                                  Pretty Ugly’s Pretty Popular

                                          Are Uglydolls really ugly? Discovering that custom-  the dolls, and kept sewing as order after order sold
                ers of all ages are charmed by the colorful felt dolls   out, snapped up on impulse by consumers with an
                with personality, consider them part of the family,   affinity for felt critters with big eyes and tiny fangs.
                and view them as an expression of individuality has   The entrepreneurs knew they were on the right
                helped David Horvath and Sun-Min Kim build their    track when they received photos showing Uglydolls
                company, appropriately named Pretty Ugly, into a    keeping customers company at the dinner table and
                multi-million-dollar business.                      riding in the car on family outings.
                       It all started with Horvath’s doodle of a  playful-      Soon Kim and Horvath, now married, hired a
                looking monster nicknamed Wage, which he            factory to handle production so they could concen-
                included in a love letter to Kim in 2001. The two   trate on dreaming up adorably ugly dolls along with
                met while classmates at Parsons School of Design,   whimsical descriptions of what makes each charac-
                and they wrote to each other when Kim returned      ter tick. They licensed their brand for party goods,
                home to South Korea. After Kim surprised Horvath    backpacks, watches, calendars, and other merchan-
                by making a felt doll based on his doodle, Horvath   dise. Digital and entertainment products are also on
                showed Wage to a retailer friend in Los Angeles and   the way as Pretty Ugly breaks into new categories
                                                                                        1
                walked away with an order for     20     more. Kim sewed   for long-term growth.





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