Chapter 3 Flashcards
Consumer Behaviour
Actions a person takes in purchasing and using products and services
Purchase decision process
Stages that a buyer passes through when making choices about which products or services to buy
Show rooming
Using mobile devices in store to check online competitive product reviews and prices, resulting in the online purchase of a cheaper product
Involvement
Personal, social, and economic significance of a purchase to the consumer
Motivation
Energizing force that stimulates behavior to satisfy a need
Personality
A perons character traits that influence behavioural responses
Perception
Process by which someone selects, organizes, and interprets information to create a meaningful picture of the world
Perceived risk
Anxiety felt when a consumer can not anticipate possible negative outcomes of a purchase
Learning
Behaviours that result from repeated experience or reasoning
Brand loyalty
Favorable attitude toward a consistent purchase of a single brand over time
Attitude
Tendency to respond to something in a consistently favorable or unfavorable way
Beliefs
Consumers perceptions of how a product or brand performs
Opinion leaders
Individuals who have social influence over others
Word of mouth
People influencing each other in personal conversations
Reference group
A group of people who influence a persons attitudes, values, and behaviours