Answer:
They are my "Alternatives" in the purchase decision process
Explanation:
Before customers take the bold step of purchasing goods or paying for services, they usually pass through five stages. These five stages are:
1. The problem recognition stage.
2. The information search stage.
3. Evaluation of alternatives stage.
4. Purchase decision stage.
5. Post- purchase evaluation stage.
This then implies that before a product is finally purchased or before a service is paid for, the process of buying that product/service commences long before the actual acquisition of the service/product.
In the first stage, the consumer understands/recognizes that there is a problem or need that could be met by a product.
In the second stage, after recognition of the need that must be met by a product or service, the consumer then makes moves to search for further information regarding the possible products that could meet this need.
After the consumer has satisfactorily gathered enough information regarding the products that can possibly meet those needs, he/she then starts evaluating those products/service with regards to the belief in the company producing the products, the degree of importance, characteristics and abilities of the commodity, satisfaction, price etc, in order to choose wisely and correctly.
Therefore, if I consider price, sound quality etc when evaluating portable CD player, those things I consider are my alternatives in the purchase decision process.