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Describe the six buyer-readiness stages along with the marketing strategies used at each stage.

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Answer:

There are six buyer-readiness stages through buyer or consumer has to pass through before buying any product or services.:

  • Awareness: The buyer should be aware or informed about the product, which he or she is going to buy.
  • Knowledge: The buyer should have knowledge or skill to use the product.
  • Initial interest: The conusmer should have interest or curiosity to buy the product.
  • Preference: The buyer should have preference of buying the product before any competing product in the market, due price or quality or promotional benefits, etc.
  • Conviction: The consumer should have conviction that product will be suitable for hir or her´s need.
  • Purchase: This is a final stage that consumer should have easy access of buying the product and should be aware about promotional offer on the particular product to get more benefits.

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