Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
31 Cards in this Set
- Front
- Back
Purchase Decision Process |
The stages a buyer passes through in making choices about which products or services to buy |
|
Stages of Purchase Decision Process |
1-Probelm Recognition 2- Information Search 3- Alternative Evaluation 4- Purchase Decision 5- Postpurchase Behavior |
|
Involvement |
The personal, social, and economic significances of a purchase to the consumer. |
|
Situational Influence |
1-Purchase task 2-social surroundings 3-physical surroundings 4-temporal effects 5-antecedent states |
|
Motivation |
The energizing force that stimulates behavior to satisfy a need |
|
Personality |
a Person's consistent behaviors or responses to recurring situations |
|
Perception |
The process by which a person selects, organizes, and interprets information to create a meaningful picture of the world. |
|
Perceived Risks |
The anxiety felt when a consumer cannot anticipate possible negative outcomes of a purchase |
|
Learning |
Behaviors that result from repeated experience and reasoning |
|
Behavioral Learning |
the process of developing automatic responses to a situation built up through repeated exposure to it |
|
Drive |
A need that moves an individual to action |
|
Cue |
A stimulus or symbol perceived by consumers |
|
Response |
The action taken by a consumer to satisfy the drive |
|
REinforcement |
the reward |
|
Cognitive Learning |
Learning through thinking, reasoning, and mental problem solving without direct experience |
|
Brand Loyalty |
A favorable attitude toward and consistent purchase or a single brand over time |
|
Attitude |
A tendency to respond to something in a consistently favorable or unfavorable way |
|
Beliefs |
A consumer's perception of how a product or brand performs |
|
Lifestyle |
A mode of living that is identified by how people spend their time and resources |
|
Vals Classification System |
. |
|
Opinion Leaders |
Individuals who have social influence over others |
|
Word of Mouth |
People influencing each other in personal conversations |
|
Reference Groups |
People to whom an individual looks as a basis for self-appraisal or as a source of personal standards |
|
Membership Group |
one to which a person actually belongs, including fraternities and sororities, social clubs, and the family |
|
Aspirational Group |
one that a person wishes to be a member of or wishes to be identified with, such as a professional society |
|
Dissociative Group |
one that a person wishes to maintain a distance from because of difference in values or behaviors |
|
Family Life Cycle |
A family's progression from formation to retirement, each phase bringing with it distinct purchasing behaviors |
|
Subcultures |
subgroups within the larger, or national, culture with unique values, ideas, and attitudes |
|
Hispanics |
Largest racial/ethnic subculture in the United States in terms of population and spending power |
|
African-American |
Second Largest spending power |
|
Asian |
70 percent are immigrants. Most under age of 30. |