Ipsos in SiMa Curiosity Nov/Dec 2017 | Page 15

Are you leveraging your path to Hans Raemdonck purchase as a path to growth? The path to purchase: what is it? The path to purchase can be defined as the process an individual goes through each time he/she is making a purchase in a category. Figure 1 Retailer choice PRE-TRIGGER BRAND PREFERENCES PURCHASE Product/ brand choice NEW CATEGORY ENTRANTS There are four stages on the path to purchase: Stage 1 Stage 4 The path starts with a purchase trigger. At the time of the trigger, the consumer may already have brand preferences, which can be referred to as pre-trigger brand preferences. Purchase is followed by the actual product experience. This will impact mental networks that will shape brand preferences for the next purchase. Stage 2 The consumer may (though not necessarily) actively start exploring and evaluating options. During this stage, brand preferences can change significantly. Stage 3 Along these stages, the consumer is continuously exposed to touchpoints which reinforce and disrupt mental networks and thereby influence purchase decisions. Touchpoints can be defined as any encounter where a consumer is exposed to the brand (e.g., TV advertising, social media, store display, etc.). The consumer transforms into a ‘shopper’ and makes his/her final choice at the point of sale. There are two choices which matter: choice for a retailer or channel and choice for a product or brand. 3