Consumer Behavior Flashcards

1
Q

Social Power:

A

the capacity to alter the actions of others

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2
Q

Referent Power:

A

When consumers imitate qualities by copying behaviors of a prominent
person they admire, i.e., actor

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3
Q

Information Power:

A

• Able to influence consumer opinion by virtue of their (assumed) access to the
“truth”, i.e., reporter

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4
Q

Legitimate Power:

A

• Granted to people by virtue of social agreements, sometimes conferred by a
uniform, i.e., doctor

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5
Q

Expert Power:

A

• Derived from possessing specific knowledge about a content area

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6
Q

Reward Power:

A

• When a person or group has the means to provide positive reinforcement

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7
Q

Coercive Power:

A

• Influencing a person by social or physical intimidation, effective in short term

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8
Q

Reference Groups

A

An actual or imaginary individual or group conceived of having
significant relevance upon an individual’s evaluations, aspirations, or
behavior.

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9
Q

We don’t take others’ preferences into account when products are:

A
  • Not complex
  • Low in perceived risk
  • Can be tried before buying
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10
Q

Aspirational Reference Groups

A

• Comprise idealized figures such as successful business people, athletes, or
performers (don’t know but admire).
• Advertisers use celebrity spokespeople

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11
Q

Membership Reference Group

A

• Ordinary people whose consumption activities provide informational social
influence (actually know).
• Advertisers use “ordinary people”

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12
Q

Avoidance Groups

A

Groups that consumers purposely try to distance themselves from:
• Nerds
• Druggies
• Preppies

• The motivation to distance oneself from a negative reference group can be as
powerful or more powerful than the desire to please a positive group

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13
Q

Conformity

A

• A change in beliefs or actions as a reaction to real or imagined group
pressure.

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14
Q

Norms

A

• Informal rules that govern what is right and wrong; helps society function;
i.e., changes in attitude to smoking

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15
Q

Red sneakers effect:

A

• Assumption that those who make unconventional choices are

more powerful or competent, so they can afford to take risks

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16
Q

WOM Communication

A

Product information transmitted by individuals to individuals:
• More reliable & trustworthy form of marketing
• Social pressure to conform
• Influences up to 50% of all sales!
• We rely upon WOM in later stages of evaluation & adoption
• …whereas advertising is:
• better to create brand awareness AND
• better to reinforce our existing product preferences than to create new ones

17
Q

Negative WOM:

A

• Negative WOM: Consumers weigh negative info from other consumers more
heavily than they do positive comments

18
Q

Opinion Leaders:

A

People who are knowledgeable about products and whose advice is
taken seriously by others.

19
Q

Homophily:

A

The degree to which a pair of individuals is similar in terms of education,
social status, and beliefs, i.e., birds of a feather flock together

20
Q

Generalized Opinion Leader:

A

Somebody whose recommendations are sought for all

types of purchases – rare!

21
Q

Monomorphic:

A

An expert in a limited field.

22
Q

Polymorphic:

A

An expert in many fields (but tend to concentrate on one broad
domain)

23
Q

Characteristics of Opinion Leaders

A
• Experts
• Unbiased evaluation
• Socially active
• Similar to the consumer
• Among the first to buy & risk: both positive & negative information so
more credible
24
Q

Two-step flow model of influence:

A

• small group of influencers disseminates info
• they can modify opinions of many others
• BUT, influence is driven less by «influentials» and more by interactions
amongst «the influenced»

25
Q

The Market Maven (generalized opinion leader):

A

actively involved in
transmitting marketplace information of all types.
• Into shopping and aware of what’s happening in the marketplace
• Overall knowledge of how and where to get products

26
Q

The Surrogate Consumer:

A

•marketing intermediary hired to provide
input in purchase decisions.
- Interior decorators, stockbrokers, professional shoppers, college consultants
• Consumer relinquishes control over decision-making functions (information
search, evaluation of alternatives, actual purchase)
…therefore marketers should not overlook influence of surrogates!