Chapter 5 Flashcards

(27 cards)

1
Q

Define consumer buying behavior

What do these add up to make?

How many people does the American consumer market have?

A

The buying behavior of final consumers - individuals and households who buy goods and services for personal consumption

The consumer market

320 million

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2
Q

Give the 3 stages in the model of consumer behavior

Which 2 elements are in the environment

A
  • The environment (inputs)
  • Buyer’s black box (consumers themselves)
  • Buyer responses (outputs)
  • Marketing stimuli (4Ps)
  • Other (economic, technological, social, cultural)
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3
Q

Which 2 elements are in the buyer’s black box?

Which 3 elements are in the buyer’s response stage?

A
  • Buyer’s characteristics
  • Buyer’s decision processes
  • Buying attitudes and preferences
  • Purchase behavior
  • Brand engagements and relationships
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4
Q

Give the 4 factors that affect consumer behavior

A
  • Cultural (macro)
  • Social (macro)
  • Personal (micro)
  • Psychological (micro)
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5
Q

Define culture

Define subculture

Give 3 examples of subcultures

A

The most basic cause of a person’s wants and behaviors

Groups of people with shared value systems based on common life experiences and situations

  • African-American - growing
  • Asian-American - most affluent
  • Hispanic - more than 55 million consumers
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6
Q

Define total marketing strategy

Define social classes

Give 4 examples of how social class can be measured

A

The practice of including ethnic themes and cross-cultural perspectives within their mainstream marketing

Society’s relatively permanent and ordered divisions whose members share similar values, interests and behaviors

  • Occupation
  • Income
  • Education
  • Wealth
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7
Q

What’s the main difference between cultural and social?

What are social factors about?

Give the 3 main elements in the social factors

A

Cultural is about one particular group, whereas social affects a whole society

Interpersonal relationships - relationships with others

  • Groups and social networks
  • Family (most important consumer buying group in society)
  • Roles and status
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8
Q

Give the 4 main elements in the groups and social networks category and explain each

A
  • Word-of-Mouth Influence (personal words/recommendations of trusted people)
  • Opinion Leaders (people within a reference group who exert social influence on each other)
  • Buzz Marketing (enlisting or creating opinion leaders who serve as brand ambassadors to spread the word about products/services)
  • Online Social Networks (online communities where people socialize or exchange opinions)
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9
Q

What are the 3 types of reference groups?

Which 2 things vary husband-wife involvement

Give 4 facts about changes in family buying habits

A
  • Membership
  • Aspirational
  • Dissociative

Product category, stage in buying process

  • 50% of men regularly grocery shop
  • Women outspend men on tech
  • Women influence 80% of all car purchases
  • Kids and tweens influence 80% of all household purchases
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10
Q

What is a role?

What is a status?

A

The activities people are expected to perform

Each role carries a status reflecting the general esteem given to it by society

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11
Q

Give 5 personal factors

A
  • Occupation (affects goods/services bought)
  • Age and Life Stage (tastes in product categories such as food and clothes may change)
  • Economic Situation (affect product choice)
  • Lifestyle
  • Personality and Self-Concept
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12
Q

Define lifestyle

What are AIO dimensions? Give 3 examples of each

A

A person’s pattern of living as expressed in his or her psychographics

  • Activities (work, hobbies, social events)
  • Interests (food, fashion, recreation)
  • Opinions (about social issues, businesses, products)
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13
Q

Define personality

Define brand personality

Give the 5 brand personality traits and 2 examples of each

A

The unique psychological characteristics that lead to relatively consistent and lasting responses to one’s own environment

The specific mix of human traits that may be attributed to a particular brand

  • Sincerity (down-to-earth, honest)
  • Excitement (daring, spirited)
  • Competence (reliable, intelligent)
  • Sophistication (upper-class, charming)
  • Ruggedness (outdoorsy, tough)
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14
Q

What is self-concept/self-image?

Give the 4 psychological factors

A

The idea that people’s possessions contribute to and reflect their identities - ‘we are what we have’

  • Motivation
  • Perception
  • Learning
  • Beliefs and attitudes
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15
Q

Define motive/motivation

What is motivation research?

What do marketers use interpretive consumer research for?

A

A need that is sufficiently pressing to direct the person to seek satisfaction

Qualitative research designed to probe consumers’ hidden, subconscious motivations

To dig deeper into consumer psyches and develop better marketing strategies

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16
Q

Give 2 points about Maslow’s Hierarchy of Needs

A
  • We take care of most pressing needs first, others follow

* Brands target different consumers based on their needs (e.g. if targeting parents, may target safety needs)

17
Q

Give the 5 needs in the hierarchy from most pressing to least pressing, and give 2 examples of each

A
  1. Physiological (hunger, thirst)
  2. Safety (security, protection)
  3. Social (sense of belonging, love)
  4. Esteem (self-esteem, recognition)
  5. Self-Actualization (self-development, realization)
18
Q

Define perception

Give and define the 3 elements in the perception process

A

The process by which people select, organize and interpret information to form a meaningful picture of the world (consumers behave based on perception)

  • Selective Attention - The tendency for people to screen out most of the info to which they are exposed
  • Selective Distortion - The tendency of people to interpret info in a way that will support what they already believe
  • Selective Retention - The retaining of info that supports their attitudes and beliefs
19
Q

What is subliminal advertising?

Give 1 point about it

A

Marketing messages received without consumers knowing it, people subconsciously catch message

•No link between subliminal advertising/messages and consumer behavior

20
Q

Define learning

Define drive

When does a drive become a motive?

Define cues

What happens if the response satisfies you?

A

Changes in an individual’s behavior arising from experience

A strong internal stimulus that calls for action

When it is directed toward a particular stimulus object

Minor stimuli that determine when, where and how the person responds

You’ll do the behavior again - brand loyalty

21
Q

What is a belief?

What is an attitude?

How do they link?

What can an attitude do?

A

A descriptive thought that a person has about something (more cognitive)

Describes a person’s relatively consistent evaluations, feelings and tendencies toward an object or idea (more affective)

Attitudes are made up of beliefs

Predict consumer behavior

22
Q

Name the 5 stages of the buyer decision process

A
  1. Need Recognition
  2. Information Search
  3. Evaluation of Alternatives
  4. Purchase Decision
  5. Postpurchase Behavior
23
Q

Define need recognition

Which 2 things can the need be triggered by?

A

The buyer recognizes a problem or need, they look at their current state and see gap to reach ideal state

  • Internal stimuli (personal need becomes drive)
  • External stimuli (e.g. advert, discussion)
24
Q

Give 4 sources consumers can obtain information from

Does the information source stage always occur?

A
  • Personal (family, friends)
  • Commercial (adverts, salespeople)
  • Public (media, Internet searches)
  • Experiential (handling and using a product)

No

25
# Define alternative evaluation What 2 things does how consumers evaluate alternatives depend on? Which 2 situations could occur with consumers? How do consumers compare alternatives?
How the consumer processes info to arrive at brand choices * The individual consumer * The specific buying situation * Use careful calculations and logical thinking * Buy on impulse and rely on intuition - no evaluation Choosing evaluative criteria (e.g. price)
26
What is the most common purchase decision? Which 2 factors can come between the purchase intention and the purchase decision?
To buy the most preferred brand * Attitudes of others * Unexpected situational factors
27
How is consumer satisfaction determined? What happens if products fall short of expectations? " meets expectations? " exceeds expectations What is cognitive dissonance? How can companies resolve cognitive dissonance?
The difference between the consumer's expectations and the perceived performance of the goods purchased Consumer is disappointed Consumer is satisfied Consumer is delighted Discomfort caused by postpurchase conflict, such as regret. Occurs in most major purchases Providing after-service care