Different Stages of Buying

Buying has got different terminologies and has several meanings In the securities market it refers to a process by which the buyer of securities, whose seller fails to deliver the securities contracted for, can 'buy in' the securities from a third party with the defaulting seller to make good. In management and decision-making, buy-in signifies the commitment of interested or affected parties to a decision (often called stakeholders) to 'buy in' to the decision, that is, to agree to give it support, often by having been involved in its formulation.

Most ads appeal to the person who is ready to buy now. But did you know that there are stages of buying? They are

• Dreaming: Dreaming is the first and foremost thing that a person will do before going for a new purchases. For example if you are going to purchase a home theatre what would you do? You dream first and then you notice other person’s televisions and then advertisements after that you think of reasons that you need new home theatre.

• Exploring: Exploring means putting together the collected or recollected options.
• Planning: Planning means that you are decided to purchase a home theatre. And the following questions arise such as when will you buy? Where you are going to buy? How will you pay?
• Selection: Selection is the final process. Just picking out what you want.
• Owning: And now you have done it and the product id yours

So these are the some of the important and common stages of buying.

Related Links:
Wedding venues