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4 Cards in this Set

  • Front
  • Back
Consumption Process
1. Want
2. Need
3. Exchange
4. Cost and Benefits
5. Reaction
6. Value
Wants vs. Needs
-a want is simply a specific desire that spells out a way a consumer can go about a addressing a recognized need
Consumer Behavior and Closely Related Disciplines
1. economics
2. psychology
3. anthropology
4. social psychology
Touchpoints
-direct contacts between the firm and the customer
-ex. phone, email, face to face