Factors influencing consumer behaviour Flashcards

(43 cards)

1
Q

Define Marketing source

A

those under the control of marketers, such as advertising and personal selling

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2
Q

Non-marketing sources

A

The media & organisations, Opinion leaders, Influencers, Market mavens, Reviewers, Reference groups

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3
Q

The media and organizations

A

Various channels (like newspapers, TV, blogs, and websites) that communicate information about products, services, and events

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4
Q

Define opinion leader

A

a person whos knowledgeable in a specific category/product, who help interpret products that come into the market etc.

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5
Q

Define Influencers

A

A type of (biased) opinion leader, often using online media and social platforms to promote products—sometimes for personal branding or commercial gain.

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6
Q

Define Market mavens

A

Like opinion leaders, however know many more things/ look at more market trends, however are not AS specialized in one area as opinion leaders are

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7
Q

Define Reviewers

A

Someone, often an everyday consumer, who shares personal evaluations and experiences with products or services, typically online.

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8
Q

Define reference groups

A

A set of people with whom individuals compare themselves for guidance in developing their own attitudes, knowledge, and/or behaviours

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9
Q

Aspirational reference group

A

a group that we admire and desire to be like but are not currently a member of

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10
Q

Associative reference group

A

a group to which we currently belong

e.g. Brand community is a specialized group a structured set of relationships involving a particular brand

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11
Q

Dissociative reference group a group we do not want to be associated with)

A

a group we do not want to be associated with

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12
Q

Offline tool

A

traditional, non-digital methods marketers use to affect consumer behavior, such as ads, brochures, events, and personal interactions alongside influence from nonmarketing sources like friends, doctors, or strangers through face-to-face communication.

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12
Q

Online tool

A

digital platforms marketers and consumers use to share, promote, and react to brand content—especially via social media, where people share for inclusion, self-presentation, connection, and influence.

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12
Q

One-to-one tool

A

tools involve personalized, two-way communication, like chats, emails, or conversations, making them highly persuasive

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13
Q

One-to-many tool

A

tools involve a single source reaching many people at once, like websites or social media posts, offering wider reach but less personalization

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13
Q

Informativeinfluence

A

The extent to which sources influencing consumers simply by providing information

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14
Q

Normative influence

A

Social pressure designed to encourage conformity to the expectations of others
○ Brand-choice congruence
○ Conformity
○ Compliance vs reactance

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15
Q

Word-of-mouth influence

A

Influence delivered verbally, either offline/online and to either one person or many
○ Positive vs negative
○ Pervasive & persuasive
○ Social media word-of-mouth

16
Q

Household influences

A

Household, family, structure, roles/tasks

17
Q

Define Household

A

One or more individuals who share the same dwelling or housing unit

18
Q

Define Family

A

A group of individuals living together who are related by marriage, birth or adoption

19
Q

Changing household characteristics

A
  • Delayed marriage and cohabitation
    • Dual careers
    • Divorce
    • Smaller families
    • Same-sex couples
20
Q

Household roles and tasks definition and key points

A

Activities that members of the household perform in making a household decision

- Who identifies that they are running out of something? 
- Who makes the final purchase decision? 
- Who does the search for which product(s) they need?
- Who will pay for the purchase? 
- Who will influence the final purchase decision? 
- Who will use the purchased product?
21
Q

Define social class (aka SES)

A

The grouping of members of a society according to the status from high to low
- Status = income, occupation & education, residence area, possessions, family background, inheritance
- Working class
- Middle class
- Upper middle class

21
Define upward mobility
moving up to a higher class than one's parents were in
21
Define downward mobility
moving down to a lower class than one's parents were in
22
Social fragmentation meaning
fading of the traditional social class distinctions
23
Define conspicuous consumption
Consumption: Acquiring and displaying goods, services, and brands to signals one's (usually) higher social class to others Compassion: Publicly donating to charity to signal one's virtue Waste: Visibly buying products/services that one never uses (such as buying a piano for display)
24
Define voluntary simplicity
Limiting acquisition and consumption to live a less material life (opposite of conspicuous)
25
Define Parody display
When status symbols start in the lower social classes and move upward (eau de chantelle, instead of eau de chanel)
26
Define Fraudulent symbol
Products, services, or brands that become so widely adopted that they lose their status
27
Define Compensatory consumption
Takes place when buying products, services ,or brands to offset frustrations or difficulties in life - e.g. retail therapy
28
Define Gender
Attitudes, feelings, and behaviours that a given culture associates with a person's biological sex
29
Define gender identity
Component of gender that describes a person's psychological sense of their gender e.g. Lego making gender neutral toys
30
Define Acculturation
Process of change in values, beliefs, behaviours, identities of cultural groups due to intercultural contact to adjust to new or changing culture
31
Define Bicultural consumers
Consumers who identify themselves with their cultural heritage
32
Define psychographic
Description of consumers based on their psychological and - behavioural characteristics - Values, personality, lifestyles
33
Define values
Enduring beliefs about desirable, abstract outcomes - value system refers to our total set of values/ their relative importance
34
Define core value
A person's most enduring, strongly held, and abstract values that hold in many situations
35
Define Domain specific values
Values that apply to a particular life domain or area of activities
36
Define personality
The broad, stable patterns of feelings, thinkings, and behaviours that differentiate people from each other, and that influence their future behaviours
37
5 big personality types
- Neuroticism: reflects how emotionally stable or sensitive a person is ○ Volatility (Anxious) ○ Withdrawal (Insecure) - Extraversion: Describes how outgoing, energetic, and socially engaged someone is ○ Enthusiasm (Sociable) ○ Assertiveness (Action orientated) - Openness: Reflects creativity, curiosity, and willingness to try new things. ○ Intellect (curious) ○ Experience (creative) - Agreeableness: Shows how cooperative, empathetic, and respectful someone is. ○ Compassion (helpful) ○ Politeness (respect authority) - Conscientiousness: Refers to how disciplined, responsible, and organized someone is. ○ Industriousness (ambitious) ○ Orderliness (organized)
38
Define lifestyles
patterns of specific, concrete activities, interests and opinions of consumers