Online MR Magazine May Edition 2016 Issue 1 | Page 26

The most important moments may be prior to or sometimes after a point of purchase point. The point is that moments and cues/triggers are the most essential elements to what is the new framework for marketing research. Research methods - to yield relevant insights - must be able to identify what moments are most important along a consumer’s journey and to know what cues/triggers are signaling implicitly to motivate purchase behavior in those moments. The most important moments may be prior to or sometimes after a point of purchase. What are some of the ma jor changes you have observed with regard to the shopper’s path to purchase – especially in the past decade? As per your vast experience what are the various “moments” cues/triggers that are relevant to buying behavior? David Lundahl: Consumers react differently based on the moment - who they are with, what concerns them the most, what is the context of the experience, and what are their past memories. When consumers are thinking fast, their purchase decisions are motivated by the cognitive short cuts they use in specific moments to navigate the thousands of choices available to them. These shortcuts or heuristics are elicited by a short list of purchase criteria of importance that are signaled by cues/triggers. These cues are formed by past experiences in similar moments. So, to say that any one moment is more important or that any specific cue is more important misses the David Lundahl: Fundamentally, most purchasing is still fast and intuitive motivated by impressions formed from past experiences. What has changed is the moments. A wide range of Apps are impacting how consumers shop, how they plan their shopping trips, where they choose to shop, what are the primary purposes for their shopping choices, and how they make point of purchase decisions. This is changing what are moments along the journey how moments before, during after the purchase impact the and and the