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26 Cards in this Set

  • Front
  • Back
Consumer Behavior
Study of processes involved when individuals or groups select, purchase, use, or dispose of products, services, ideas, or experiences to satisfy needs and desires.
Consumer Decision-Making Process
Need recognition, information search, evaluation of alternatives, purchase and postpurchase behavior.
Factors that effect decision-making process
Cultural, social, individual and psychological factors
Routine response behavior
type of decision making exhibited by consumers buying frequently purchased, low-cost goods and services; requires little search and decision time.
Limited decision making
type of decision making that requires a moderate amount of time for gathering information and deliberating about an unfamiliar brand in a familiar product category.
Extensive Decision making
most complex type of consumer decision making, used when buying an unfamiliar, expensive product or an infrequently bought item; requires use of several criteria for evaluating options and much time for seeking information.
Need recognition
result of an imbalance between actual and desired states.
Values
Abstract ideas about what a group believes to be good, right and desirable. Emotional significance.
Norms
Social rules and guidelines that prescribe appropriate behavior in particular situations.
Social Class
Group of people in society who are considered nearly equal in status or community esteem, who regularly socialize among themselves both formally and informally, and who share behavioral norms.
Reference group
a group in society that influences an individual's purchasing behavior.
Opinion leader
individual who influences the opinion of others
Reference group
group in society that influences an individual's purchasing behavior.
Primary membership group
direct reference group with which people interact regularly in an informal, face-to-face manner, such as family, friends, and co-workers.
Secondary Membership group
direct reference group with which people associate less consistently and more formally than a primary membership group, such as a club, professional group, or religious group.
Aspirational reference group
indirect group that someone would like to join
Nonaspirational reference group
group with which an individual does not want to associate
Individual Influences
Gender, Age Life Cycle, Personality Self-Concept Lifestyle
Lifestyle
basically how a person lives. How one enacts his or her self-concept
Perception
Activities by which an individual acquires and assigns meaning to stimuli
Selective Exposure
process whereby a consumer notices certain stimuli and ignores others
Selective distortion
process whereby a consumer changes or distorts information that conflicts with his or her feelings or beliefs.
Selective retention
process whereby a consumer remembers only that information that supports his or her personal beliefs.
Motivation
reason for behavior.
Motive
construct representing an unobservable inner force that stimulates and compels a behavioral response and provides specific direction to that response.
Maslow's Hierarchy of Needs
Self-actualization needs (top), Esteem needs (next down), Social needs (next down), Safety needs (next down), physiological needs (bottom) bottom is most important.