involves getting into a new market

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Elizabeth, Gail, Andrew, Maria, Warren, Narrator, Nick, Whitney,

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Elizabeth: -and it involves getting into a new market.

Gail: Okay, let’s go to it.

Andrew: If the main issue is control, there’s ways to protect ourselves and

our interests.

Elizabeth: This is my company.

Maria: And if heads are going to roll, they say start at the top.

Warren: Yes!

Narrator: Welcome to the Mastering Marketing episode “Understanding

Consumer Behavior”.

Gail: I love that deal.

Whitney: But the two-for-one. Forget about it; I’m not worried about it.

Nick: What’d you buy?

Whitney: Oh, a sweater and some shoes.

Nick: You don’t have to leave your desk. You could’ve got that online.

Gail: You know, it’s funny, the skirt that I bought today, I saw it online

and I put it in my virtual shopping cart, but I didn’t pull the trigger.

Whitney: Hmm. You know, I saw a statistic that said over 75-percent of eshoppers

who put stuff in their cart never pull the trigger.

Andrew: Is that true? That’s a large number.

Whitney: Well, that’s what the BizRate site said.

Andrew: That’s incredible. I wonder if that rate applies to Can Go shoppers.

Gail: Well, shopping is just different online.

Andrew: Well, actually the Web page hierarchy is set up to mirror the

consumer buying process from problem recognition to purchase.

Gail: You know, but virtual things always happen along the way. It’s

just, it’s different when the skirt is in your hand.Page 2 of 2

Elizabeth, Gail, Andrew, Maria, Warren, Narrator, Nick, Whitney,

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Whitney: Or in this case on your hips.

[Laughter]

Whitney: Just kidding! It’s a joke.

Gail: That’s not funny. Something’s wrong. What?

Andrew: Here’s what I want you to do, I want you to investigate the hitGail:

Quiet, Nick.

Andrew: -hit and click through rates on some of those specific pages. I’ll email

you the page numbers that correspond to problem recognition,

informative search, alternative evaluation, purchase and postpurchase

evaluations.

Gail: And you want this when?

Andrew: ASAP. This should help see if customers – where customers are

falling off, if they’re moving through the process as they should,

and if this 75-percent rate applies to us.

Gail: Guess I have my marching orders.

Nick: And, Gail, the clock’s ticking.

Gail: Oh, don’t worry, you’re going to be on it with me.

Nick: Oh, no, I’mGail:

Oh, you are going to be myAndrew:

Actually, why don’t you help her with that?

Nick: Come on, Andrew.

Gail: My number one assistant.

Narrator: Now move onto the brief summary of concepts and then to the

interactive exercises.

[End of Audio]