Chapter 4 Flashcards
(17 cards)
Attitude
A learned predisposition to respond to an object or class of objects in a consistently favorable or unfavorable way
Beliefs
A consumer’s subjective perception of how a product or brand performs on different attributes based on personal experience, advertising and discussions with other people
Brand Community
A specialized group of consumers with a structured set of relationships involving a particular brand, fellow customers of that brand, and the product in use
Brand Loyalty
A favorable attitude toward and consistent purchase of a single brand over time
Consumer Behavior
The actions a person takes in purchasing and using products and services, including the mental and social processes that come before and after these actions
Family Life Cycle
The distinct phases that a family progresses through from formation to retirement, each phase bringing with it identifiable purchasing behaviors
Involvement
The personal, social, and economic significance of the purchase to the consumer
Learning
Those behaviors that result from (1) repeated experience and (2) reasoning
Motivation
The energizing force that stimulates behavior to satisfy a need
Opinion Leaders
individuals who exert direct or indirect social influence over others
Perceived Risk
The anxiety felt because the consumer cannot anticipate the outcomes of a purchase but believes there may be negative consequences
Perception
The process by which an individual selects, organizes and interprets information to create a meaningful picture of the world
Personality
A person’s consistent behaviors or responses to recurring situations
Purchase Decision Process
The five stages a buyer passes through in making choices about which products and services to buy: (1) problem recognition (2) information search (3) alternative evaluation (4) purchase decision (5) postpurchase behavior
Reference Groups
People to whom and individual looks as a basis for self-appraisal or as a source of personal standards
Subcultures
Subgroups within the larger, or national, culture with unique value, ideas and attitudes
Word of Mouth
The influencing of people during conversations