Consumer Behavior Flashcards
(60 cards)
What is consumer behavior
It is the study of the processes involved when individuals or groups select, purchase, use, or dispose of products, services, ideas, or experiences to satisfy needs and desires.
Buyer behavior?
an emphasis on the interaction between consumers and producers at the time of purchase.
Complexity of Behaviors
Self-concept
Self-control
Ego depletion
Consumers are different, how to divide them up?
Income, lifestyle, comfort concerns, age, peer influence, ,occupation, family size/
What is nudge marketing
refers to deliberately manipulating how choices are presented to consumers
Materialism
refers to the importance people attach to worldly possessions.
Non-materialistic
consumers prefers products with personal significance, such as a mother’s weeing gown, picture albums. In contrast, high materialistic consumers preferred prestige goods that they could publicly consume.
Social Marketing
strategies use the techniques that marketers normally employ to sell beer to encourage positive behaviors
Corporate Social Responsibility (CSR)
describes processes that encourage the organization to make a positive impact on the different stakeholders.
Major Policy Issues Relevant to Consumer Behavior
Date Privacy and Identity Theft,
Market Access for physical, mental, economic, or social barriers,
Sustainability and Environmental Stewardship
Sensation
refers to the immediate repose of our sensory receptors (eyes, ears, nose, mouth, fingers, skin) to basic stimuli such as light, color, sound, odor, and texture.
Perception
is the process by which people select, organize, and interpret these sensations.
The study of perception, then, focuses on what we add to these raw sensations to give them meaning.
Stages of Perception- Stage 1
Exposure
Occurs when a stimuli comes within the range of someone’s sensory receptors.
Exposure
Sensory thresholds- which is the point at which it is strong enough to make a conscious impact in his or her awareness.
Absolute threshold- is the minimum amount of stimulation we can detect.
Subliminal Perception- refers to a stimulus below the level of the consumer’s awareness.
Stages of Perception- Stage 2
Stage2: Attention
Attention refers to the extent to which processing activity is devoted to a particular stimulus.
Attention
Sensory overload: we are exposed to far more information that we can process.
Perceptual Selection means that people attend to only a small portion of the stimuli to which they are exposed.
Stages of Perception- stage 3
Stage3: Interpretation
Refers to the meanings we assign to sensory stimuli
Interpretation
The meaning we assign to a stimulus depends on the schema, or set of beliefs, to which we assign it.
Identifying and evoking the correct schema is crucial because it’ll determine how consumers will evaluate the product/services.
Learning
relatively permanent change in behavior caused by experience.
Incidental learning
happens when we learn without direct experience.
Two major approaches to learning represent this view:
classical conditioning and instrumental conditioning.
Classical Conditioning
occurs when a stimuli that elicits a reposes is paired with another stimulus that initially does not elicit a response on its own.
Stimulus generalization aka halo effect
refers to the tendency of stimuli similar to a CS to evoke similar, conditional responses.
“piggybacking” strategy
some products are deliberately packaged to resemble popular brands.