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34 Cards in this Set

  • Front
  • Back
steps in the decision making process
1- problem recognition
2- information search
3- evaluation of alternatives
4- product choice
5- postpurchase evaluation
Routine Response Behavior
leads to limited prob solving leads to extensive prob solving
levels of customer engagement
mission, price, integrity, competence
NOT SATISFACTION
3 things consumer can be involved with
1- advertisements
2- products
3- purchase decisions
Perceived risk
the belief that chioce has potentially negative consequences, either financial, physical, or social
Types of pereived risks
monetary, functional, physical, social, psychological
NOT CULTURAL
3 potential states of problem recognition
1- no problem
2- opportunity recognition
3- need recognition
Internal Search
an information search in which buyers search their memories for information about products that might solve their problem
external search
an information search in which buyers seek information from outside sources
What is the link between these and word of mouth behaviors
word of mouth are very credible and have great influence
heuristics
a mental rule that leads to a speedy decision by simplifying the process
brand loyalty
perhaps the most common heuristic, it is a pattern of repeat product purchases, accompanied by an underlying positive attitude toward the brand, that is based on the belief that the brand makes products superior to its competition
country of origin
another heuristic wherein one assumes that a product has certain characterisitics if it is from a certain country. often based on ethnocentrism
ethnocentrism
the tendency to prefer those products or people of one's own culture than those of other countries
customer satisfaction/dissatisfaction
it is about FULFILLMENT from a marketing exchange
CUSTOMER SATISFACTION MODEL
quality - value - satisfaction - loyalty
3 primary factors that influence consumers decision making
internal, social, situational influence
Internal influences
- perception
- motivation
- learning
- attitudes
- personality
- age groups
- lifestyle
NOT ADVERTISING (EXTERNAL)
Order of influence
Exposure - attention - interpreation
selective exposure
the process of selecting inputs to be exposed to our awareness while ignoring others.
selective distortion
an individual's changing or twisting of info when it is inconsistent with personal feelings or beliefs
selective retention
remembering info inputs that support personal feelings and beliefs and forgetting inputs that do not
hierarchy of needs
self actualization - ego needs - belongingness - safety - psychological
ego needs
cars, furniture, credit cards, country clubs, liquor
operant conditioning
learning that occurs as the result of rewards or punishments
ex sales promotions
stimulus generalization
behavior caused by a reaction to one stimulus occurs in the presence of the other, similiar stimuli.
a person's attitudes has 3 components
affect = the feeling component of attitudes, and refers to overall emotional response a person has to a product
cognition - the knowing component, the beliefs or knowledge a person has about a product and its important characteristics
behavior - the doing component, involves a person's intention to do something
LEARNING IS NOT ONE
Personality traits relevant to marketing strategies
Innovativeness, materialism, self-confidence, sociability, need for cognition ( degree to which a person likes to think about things and expend necessary effort to produce brand info)
ATTITUDE IS NOT
2 primary dimensions underlying the VALS segmentation
primary motivation (horizontal)
resources (vertical)
2 dimensions that effect whether a shopper will react positively or negatively to a store environ
arousal and pleasure
Time poverty
the belief of many consumers that they are more pressed for time than ever before
3 forms of reference groups
- information
- utilitairian
- value-expressive
NOT ATTITUDINAL
Specific types of virtual communities that are influencing the ways businesses operate
- multi user dungeons
- chat rooms, rings, and lists
- boards
-blogs
-protest sites
main reason for keeping a blog
creative expression and sharing of personal experience