Lecture 1 Flashcards

1
Q

needs

A

We experience a need from an internal state of
tension caused by a disequilibrium between
desired and actual states

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2
Q

desired consumer lifestyle

A

the way the consumer would like to live and feel

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3
Q

current situation

A

temporary factors affecting the consumer

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4
Q

desired state

A

the condition the consumer would like to be in at some point in time

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5
Q

actual state

A

the condition the consumer perceives him/herself to be in at some point in time

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6
Q

how are needs created?

A

the difference btw the desired and the actual state

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7
Q

nature of discrepancy

A

difference btw the consumer’s desired and perceived state

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8
Q

active need

A

is one the consumer is aware of or will become aware of in the normal course of events. The discrepancy is noticed.

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9
Q

Marketing strategy for an active need

A

Only require the marketer to convince consumers that its

brand is the superior solution

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10
Q

inactive need

A

one of which the consumer is not aware. The discrepancy is NOT noticed

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11
Q

Marketing strategy for an inactive need

A

The marketer must convince consumers that they have the problem AND that their brand is a superior solution.

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12
Q

biogenic needs

A

Food, Water, Shelter

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13
Q

psychogenic needs

A

Status, Power, Affiliation

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14
Q

need for achievement buying behavior

A
  • Value personal accomplishment

- Place a premium on products that signify success (luxury brands, technology products)

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15
Q

need for affiliation buying behaavior

A
  • Want to be with other people

- Focus on products that are used in groups (alcoholic beverages, sports bars)

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16
Q

need for power buying behavior

A
  • Control one’s environment

- Focus on products that allow them to have mastery over surroundings (muscle cars, loud speakers)

17
Q

need for uniqueness buying behavior

A
  • Assert one’s individual identity

- Enjoy products that focus on their unique character (perfumes, clothing)

18
Q

Actual

A

Actual self is your representation of the attributes that you believe you actually possess, (intelligence, athleticism, attractiveness, etc.)

19
Q

Ideal

A

Ideal self is your representation of the attributes that you would like, ideally, to possess (i.e., a representation of someone’s hopes, aspirations, or wishes). The “ideal-self” is what motivates individuals to change, improve and achieve.

20
Q

Ought

A

Ought is your representation of the attributes that someone (yourself or another) believes you, should or ought to possess (i.e., a representation of someone’s sense of your duty, obligations, or responsibilities)

21
Q

utilitarian needs

A

emphasize the instrumental, functional and practical, such as:

  • microwaves,
  • minivans,
  • personal computers
22
Q

hedonic needs

A

primarily experiential; here we might look to a product to meet our needs for, fun, pleasure, excitement and fantasy, such as:

  • designer close
  • sports cars
  • luxury watches
23
Q

consumers care more about _________products/features when it means giving-up on something they already have

A

hedonic

24
Q

hedonic vs. utilitarian implications

A
  • If you need to cut existing product attribute or service level, avoid cutting hedonic aspects
  • At the same time, adding a hedonic (vs. utilitarian) feature may have a weaker effect
25
Q

Trial period, samples and low introductory price might be more effective for ________ products (e.g., cable TV) than for __________goods (e.g., security alarm system)

A

hedonic; utilitarian

26
Q

maslow’s hierarchy of needs

A

physiological, safety, belongingness, ego needs, self actualization

27
Q

ego needs

A

prestige, status, accomplishments

28
Q

self-actualization

A

self fulfillment, enriching experiences

29
Q

primary needs

A

physiological + safety