Perception could be argued is a persons prerogative, a persons outlook. what really makes them them. There are various models to suggest the process to which we embark on decision making. Contradictory however valid these models do they allow room for anomalies. A persons prerogative to act different to the usual?

4. Purchase decision...Am i going to purchase it?,

Perceptual maps allow us to categorise products on their performance and price, its a great way for companies to try and establish where there brand lies with competitors and how consumers perceive their brands and others. on the perceptual map above it clearly illustrates a visual that Cadburys roses and Ferrero Rocher are higher market chocolates and there fore cost more than the competing lower priced products and Mars and Twix.
The silver surfers have embarked on a new way of thinking in comparison to previous generations they surf the net, appreciate designer wear and enjoy fun packed holidays. essentially they love to keep busy and as many people would see their age as a hindrance they embrace it to the fullest!
We were asked too draw a "word picture" which best described the over 50's. The task was challenging because other age ranges are a lot more restricted e.g 15-19, 20-25. we were asked to work with a wide range but through observation from people we know and soft stereotyping, it was easy to establish that Waitrose and M&S were most loved by the over 50's through customer loyalty and the fact that a disposable income is increasingly likely once you are old enough to dip into those rainy day savings. On our word picture we found ourselves using words such as countryside, Tea and biscuits and grandchildren. we had to establish the link between what the over 50's enjoying their daily lives and their consumer behaviour. 
Philip Kotler paved a new way of thinking in the 1960's a refreshing suggestion that a product was much more than just that but everything else that comes with it, anything that can be offered to a consumer to fulfill a need or desire. He embarked on the understanding of the individual rather than JUST the market. During the weeks lecture we have been discussing the effect of consumer behaviour and the business market.
The model suggests that when purchasing a product we do it in subconscious phases:
1. Recognising the need for that product...Is it really necessary?, am i wasting money?
2. Searching for information on the product...Where can i get it?
3. Evaluation of alternatives...Is there a cheaper option?, Do they have another colour?
4. Purchase decision...Am i going to purchase it?,
5. Post purchase behaviour...I'm ecstatic with my product!!, I've wasted time and money :(
When purchasing say a new blouse the model suggests we first determine that we NEED a new blouse, then you determine WHERE the best place to purchase it will be, then once you have found the blouse you want you may look for other options - Colours/Brands. Then time to determine whether you actually REALLY want it. Resulting in you leaving the store a happy satisfied customer or disappointed with your purchase.
Each stage shows the decisions we must encounter each time we purchase a product consequently like mentioned earlier does it leave space for the impulse buyer and the compulsive shopper?
Another theory that was developed at Harvard business school in the 60's was "The Perceived Risk Model" and was then enhanced by Laurent & Kapferer (1985). They argue that a consumers behaviour is acted on a basis of, Finance, Time, Performance, Ego, Physical and Social (FTPEPS). each an important attribute to consumer behaviour and the process undertaken when purchasing a product. it also suggests that each of us have a fear of risk when buying a product, however this does vary from person to person.
When a young first time buyer of a car say - a 21 year old male - sets out to acquire such a purchase Laurent & Kapferer suggest that each of the FTPEPS play a role in the decision process. FINANCE will play a big part in a 21 year olds decision in buying a car as younger people generally tend to have a reduced disposable income than older generations. The TIME he spends on this i believe will vary on whether they are an impulse buyer or have researched what they want. The PERFORMANCE will also have to be reliable when considering a car which conjoins with their EGO, how good they feel with their purchase and how good the purchase makes them feel. Which can also depend on the PHYSICAL appearance of the car, and their SOCIAL factors and values. How it will appeal to their friends, and if the car has a "cool" factor. I feel as though this model works two ways: the way it which the buyer goes through the process to ultimately project a good perception and how viewers of the car will see him perceived.
We then began to link ties between the association of a certain brand with a defined image or colour. Cigarette brands tend to do this due to health restrictions in what they can show. for example :
We associate the purple silk with the cigarette brand Silk Cut Purple, this is a good use of customer loyalty dut to the product not having to illustrate the name of the brand.

Perceptual maps allow us to categorise products on their performance and price, its a great way for companies to try and establish where there brand lies with competitors and how consumers perceive their brands and others. on the perceptual map above it clearly illustrates a visual that Cadburys roses and Ferrero Rocher are higher market chocolates and there fore cost more than the competing lower priced products and Mars and Twix.
For more information on how to do these follow the link...http://www.youtube.com/watch?v=wphoXc0qANE