Consumer Behaviour Flashcards

(30 cards)

1
Q

The 4 purchase decision processes

A
  1. Habitualized purchase decision
    2.Impulsive purchase decision
  2. Limited purchase decision
  3. Extensive purchase decision

voir graph page 11

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2
Q

Involvemen: definition

A

Involvement indicates the level of motivation to
seek and process information about a product or service

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3
Q

Low-involvement purchases

A

-“Learn” after repeated messages
-“Random” information intake
-Passive reception of advertising
-Selection of a satisfactory alternative
-Products for personality, lifestyle of the consumer are
unimportant
-Low influence of reference groups on purchasing decision

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4
Q

High-involvement purchases

A

-Comprehensive information processing
-Conscious search for information
-Intensive dealing with advertising
-Search for the best or most useful alternative
-Strong relationship of the products to personality, lifestyle of the consumer
-Strong influence of reference groups on purchasing decisions

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5
Q

Extensive purchase decision
How do consumers make decisions here? A 5-step process

A
  1. “Problem” identification
  2. Information search
  3. Evaluation of
    alternatives
    4.Product selection
  4. Evaluation of purchase decision
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6
Q

Problem identification

A

Consumers become aware of a need
1. No problem : desired state and actual state is the same
2. Needs through deficit : Desired state –> Actual state
3. Needs through new opportunities: Actual state –> Desired state

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7
Q

Purchase Decisions
How do consumers actually make choices in extensive purchase decisions?

A
  1. Conjunctive heuristic
  2. Lexicographic heuristic
  3. Elimination-by-aspect heuristic
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8
Q

Conjunctive heuristic

A

A minimum level is set for each characteristic. The consumer chooses the first alternative that has reached the minimum threshold for all features.

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9
Q

Lexicographic heuristic

A

Here, the consumer determines the most important feature. The mark with the highest expression of it is then chosen

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10
Q

Elimination-by-aspect heuristic

A

According to elimination-by-aspect, a minimum level is set for each relevant feature. For example, the storage space should be above 124 GB. If a product alternative does not meet this requirement, then it is eliminated

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11
Q

Elaboration Likelihood Model
How does advertising affects attitudes?

A

page 21

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12
Q

Excursus: The attitude-behavior gap

A

Positive attitudes do not always result in purchase

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13
Q

The Net Promoter Score for determining what?

A

customer satisfaction

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14
Q

How do consumers shorten their decision making?

A
  1. Consumers go for the option in the
    middle
    2.Consumers pick well-known
    brands
  2. Consumers go for expensive items
    (>quality indicator)
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15
Q

How does a brand manage to be considered by the consumer? (Habitualized purchase decision)

A

graph voir page 30

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16
Q

Impulsive purchase decision

A

impulsive purchase decisions come unexpectedly and quickly

17
Q

btoC purchase decision

A

-product : Standard, “mass market”

-Distribution: Different trade levels (e.g., wholesale, stationary trade)

-Communication: Advertising

-Price: List prices

-Decision-making processes: Individual consumer or household makes decision

18
Q

BtoB purchase decision

A

-Product: Usually smaller quantities (e.g., “only” five high
speed trains), often tailored to companies

-Distribution: Often directly

-Communication: Personal sales relationship

-Price: List prices or individual pricing

-Decision-making processes: Various members of the organization make decision

19
Q

The Buying Center (e.g., hospital)
How do various members of the organization make decisions?

A
  1. User (e.g doctor)
  2. information-selector (e.g health insurance)
  3. Influencer (e.g pharma lobbyist)
  4. Decider (e.g executive board)
  5. Purchaser (e.g., purchasing department)
  6. Initiator (e.g nursing staff)
20
Q

Individual factors: Demographics influence purchase/consumption decisions

A
  1. Age : Age groups are reinventing themselves
  2. Gender: “discovery” of the segment for men
  3. Place of residence: Local differences, e.g.,
    ‘Röstigraben’
  4. Income: Higher income classes have different
    hobbies
21
Q

Means-End-Chain to determine needs and values

A

page 41/ page 42 (analysis 2)

22
Q

Consumers want to feel
they belong to…

23
Q

Reference groups

A
  1. Actual reference group
  2. Aspiring reference group
  3. Reference group to be
    avoided
24
Q

What happens in groups?

A

1.Customers are more risk-tolerant
2.Customers divide responsibility among group
members
3. Customers often follow the first voice that is
expressed in group settings

25
Consumers are influenced by.. (situational factors)
sensory impression 1.Physical factors 2. Social factors 3. Temporal factors 4. Type of purpose 5. Psychological states
26
Physical factors
Acoustic & visual
27
Social factors
1. Family environment 2. Private environment 3. Professional environment
28
Temporal factors
Consumers are influenced by the time of day, day of the week, and season of the year
29
Type of purpose
Consumers are influenced by the purpose of the purchase
30
Psychological states
When consumers go shopping hungry, they tend to behave irrationally. For example, they might purchase things that they had not planned to purchase. When consumers don’t feel hungry while shopping, they find it easier to behave rationally