marketing ch.5 Flashcards
(34 cards)
purchase decision process
(1) problem recognition
(2) information search
(3) alternative evaluation
(4) purchase decision
(5) post purchase behavior
internal search
scan memory
external search
personal sources, public sources, marketer dominated sources
evaluative criteria
objective attributes of a brand and subjective(like prestige)
consideration set
group of brands considered
cognitive dissonance
feeling of post purchase tension- should i have bought or not?!
involvment
peronal/social/economic significance of the purchase. causes people to skip/minimize steps
extended problem solving
exists in high involvment
limited problem solving
little time/effort to spend
routine problem solving
low price, routinely/frequently purchased
involvement and marketing strategy
low involvment products- leading brands foucs on maintaining quality, reinforcing decision
competitors- break buying habits with free samples/coupons (should had a v8)
five situational influences
purchase task, social surroundings, physical surroundings, temporal effects, antecedent states
purchase task
reason for buying
temporal effects
time of day, amount availible
antecedent states
moods
self-concept
the way people see themselves/ expect people to see them
selective pereception
filter of exposure/comprehension/retention. People pay attention to what’s consistent with attitude/beliefs. Ignore those that aren’t.
You see mcdonalds ads more when you are hungry
Selective Comprehension
interpreting info, so that it is consistent with attitudes/beliefs
Subliminal perception
see or hear messages without being aware of them
Perceived Risk
- anxiety felt because consumer cant anticipate outcomes of a purchase but believes there are negative ones.
strategies to reduce precieved risk
Obtaining seals of approval Securing endorsements Providing free trials Giving extensive usage instructions Providing guarantees/warranties
Behavioral learning-
developing automatic responses due to repetition
Cognitive Learning
learning through thinking, reasoning, problem solving
Brand Loyalty
favorable attitude towards a brand.