Exam 1 Flashcards
(124 cards)
consumer behavior
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
market segmentation
- identifies groups of consumers who are similar to one another in one or more ways
- devises marketing strategies that appeal to one or more of these groups
demographics
- statistics that measure observable aspects of a population
- ex: age, gender, family structure, etc.
psychographics
- the way we feel about ourselves
- the things we value
- the things we do in our spare time
relationship marketing
- interact with customers regularly
- give customers reasons to maintain a bond with the company
database marketing
-tracking specific consumers’ buying habits and crafting products and messages tailored precisely to people’s wants
business ethics
- rules of conduct that guide actions in the marketplace
- differs by culture
objective of marketing with regards to needs
marketing creates awareness that needs exist and does NOT create needs
need
a basic biological motive
want
one way that society has taught us that the need can be satisfied
transformative consumer research
- promotes research projects that include the goal of helping people or bringing about social change
- social marketing strategies used to encourage positive behaviors and discourage negative activities
sensation
the immediate response of our sensory receptors to basic stimuli
perception
the process by which sensations are selected, organized, and interpreted
perceptual process
sensory stimuli –> sensory receptors –> exposure –> attention –> interpretation
sensory marketing
companies think carefully about the impact of sensations on our product experiences
hedonic consumption
- multi sensory, fantasy, and emotional aspects of consumers’ interactions with products
- marketers use impact of sensations on consumers’ product experiences
vision
- marketers rely heavily on visual elements in advertising, store design, and packaging
- color provokes emotion
- reactions to color are biological and cultural
trade dress
colors associated with specific companies
scents
- odors create mood and promote memories
- marketers use scents inside products and in promotions
sound
- affects people’s feelings and behaviors
- stores and restaurants often play certain kinds of music to create a certain mood
phonemes
- individual sounds that might be more or less preferred by customers
- ex: “i” brands are lighter than “a” brands
touch
-consumers who touch an item have a greater level of attachment with the product
haptic senses
- touch
- the most basic of senses
- learn this before vision and smell
- affect product experience and judgment
Kinsei engineering
Japanese philosophy that translates customers’ feelings into design elements